ChemEng's Account talk...

I moved into I instead for a short stay and probably off the table on Friday (maybe not. I want to look at seasonality first). Well see if todays bump will transfer overseas tomorrow. I just hate buying this high in the I channel. Oh well.
 
Live by the dollar, die by the dollar. :)

Moving into F today. Its bouncing off its 20SMA pretty hard. Ill give it a chance tomorrow to keep the movement.
 
Today is Friday. Market not open tomorrow. I paid for a 5 year BS degree in Chemical Engineering - who paid for yours? No figgy pudding for you.
 
No doubt about it Mr Jiffy Lube - impetuosity is your flair. If you prefer that I not amour you with my chat - your wish is my command. Just say so. But try not to cry in public.
 
If you prefer that I not amour you with my chat - your wish is my command. Just say so. But try not to cry in public.

amour
noun
1. a love affair.
2. an illicit or secret love affair.

I would prefer neither of those options actually, thanks for the offer.
 
Thinking of moving it all into G today... Ive got a few more minutes to decide. Got to grab lunch before noon VTC.

Looks like Wizard of Oz had the same idea. Probably a good sign its the right move.
 
I got this clip from MSN this morning. Im surprised at how much money goes unspent from gift cards! Its no wonder they push those things as hard as they do.

"Last winter, Best Buy reported a $43 million gain in fiscal 2006 from cards that hadn't been used in two or more years. Limited Brands recorded $30 million in 2005 revenue because of unredeemed cards."
 
WOW! I knew they made some good profits from it but..............WOW!!!! Free money on no product. I will never buy a gift card again. Cash is king!!!
 
So is today going to be a good buying day? Or start of the consolidation that everyone is expecting??? 2.5 hours to decide. :)
 
So is today going to be a good buying day? Or start of the consolidation that everyone is expecting??? 2.5 hours to decide. :)

I wish I knew! This year is crazy. All seasonality out the window. I'm trying to make myself an unemotional robot and strictly follow my spreadsheet. If I start speculating, then I'll make some very poor decisions.

Fab
 
I hear you. I am still working on some ideas for a spreadsheet, but there havent been anything worth posting on it. I hope to get more time to work on it during my Christmas vacation. Problem is that I have Office2k7 and Excel on it is a bit more cumbersome to work with on it.

Im leaning more towards jumping into S today... 50 more minutes. :)
 
Actually, Chem, looking at $EMW on stockcharts.com, the Slow Stochastics indicator has two things working against the S Fund. First, there is negative divergence in the overbought territory, next the %K has crossed below the %D. That's not looking good for the S Fund.

Then again, there's always the unexpected jumps up that defy all indicators!
 
For what it's worth- my personal opinion is that it is all going to head down very, very soon for a dip. Everything is lining up for the consolidation- I think the only thing working against that is the Santa Claus effect. Either we get the downturn before the Christmas break, or shortly after it.

We just can't have this long a stretch without a pause and retrenchment. It is "un-natural".

my 2 cents, anyway. Chemeng- you have 30 minutes to decide what you are going to do. Good luck whichever way you go.
 
Great minds??? hehehe

I would say on my part its more a case of getting lucky with the great minds. :)

Also, looks like there were lots of others who made the S fund jump today... Should make for an interesting tomorrow.
 
Tomorrow will prove to be an interesting day methinks... If there is a decline, then it looks like the consolidation is happening sooner rather than later. If theres an incline, then it looks like that santa rally started a few days early!
 
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