coolhand's Account Talk

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[Show-me]

And, that would be Congress at work.

 

[Show-me]

Sorry, rant off.

 

[Bullitt]

And as long as the stock market continues to rise then the master planners can continue to believe their magic is working. I, along with you guys, refuse to fall for their manipulated magical tricks as the market has been range bound since October.

 

[Birchtree]

I posted these comments in my thread a ways back. "Rallies and bubbles tend to last far longer and grow much larger than most anyone expects. Periods of cheap money policy, low interest rates and sharp increases in money supply - have always resulted in bubbles. Since the rally began, there have been very few true believers. Like generals who tend to fight the last war, investors fail to adjust to what the market gives them. All bubbles are marked by a euphoric period when almost all investors are drawn in. It's when fear and greed, the two most powerful market forces, are working together. Greed brings many investors in including me. Fear of missing out brings in the rest. The rational person would naturally expect the resulting bubble to be bigger and last even longer. You should know the chances of returning to a state of extreme bubble dynamics in stocks does in fact exist moving forward. It means stocks are most likely going higher, possibly much highr if extreme bubble like conditions were ever to return. However if money coming out of a very large bond bubble is looking for a new home, only Betula papyrifera knows how ridiculous stock valuations could get."

http://www.marketoracle.co.uk/Article16382.html

 

[Birchtree]

As our friend Stickan recently said: "Hence I think we will have a runaway market ahead of us." Get your track shoes ready to chase the momentum or be left on the dock.

 

[coolhand]

http://www.gocomics.com/nonsequitur/

 

[coolhand]

http://finance.yahoo.com/news/Divin...2.html?x=0&sec=topStories&pos=8&asset=&ccode=

 

[coolhand]

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aaBSS5oKjb80

 

[nasa1974]

CH,

Good read. Not even the experts can agree what is happening and where the market may go. So where does that leave us amatures??? I guess following my gut is just as good as all the charts that the experts are using. :nuts:

 

[coolhand]

CH,

Good read. Not even the experts can agree what is happening and where the market may go. So where does that leave us amatures??? I guess following my gut is just as good as all the charts that the experts are using. :nuts:

Might I suggest using the Seven Sentinels are your roadmap? I've heard it's pretty good. :cheesy:

 

[Show-me]

Notice they saved the best lines for last. See the RED.

By Dakin Campbell

March 8 (Bloomberg) -- U.S. regulators are encouraging public pension funds that control more than $2 trillion to inject capital directly into the banking system by buying failed lenders, said people briefed on the matter.

The FDIC shuttered 140 lenders last year and expects the tally may be higher in 2010. Regulators have avoided signing up private-equity firms as rescuers on concern that they might take too much risk. Pension funds, whose 100 largest members manage $2.4 trillion, could provide capital to acquire deposits and outstanding loans from collapsed banks, according to the people.

FDIC guarantees may soften the risk of investing public pension money in distressed banks, according to one of the people. When the FDIC sells a failed bank, it typically shares a portion of the loan losses.

“Financially sophisticated people do not assume that banks have recognized all of their real estate losses,” Kramer said, adding that it can still be a bad deal if a buyer overpays for a deposit franchise or if loans perform worse than expected. “We are in the early innings for commercial real estate.”

 

[coolhand]

http://market-ticker.org/archives/2058-ADMISSION-By-FDIC-Massive-Balance-Sheet-FRAUD.html

 

[coolhand]

I'll be in San Diego for a few days beginning the 14th. Any locals interested in getting together for beer? If so, PM me.

 

[Boghie]

I'll be in San Diego for a few days beginning the 14th. Any locals interested in getting together for beer? If so, PM me.

Sent the PM...

Maybe we could plot a plan for holding the 'TSPTalk Convention' in either San Diego or Orlando. Both are very nice parts of town!!! Keep it secret:nuts:

 

[coolhand]

I'm going to forgo posting the SS for now, internet access for me is difficult at the moment, but we're still on a buy. This is the week before OPEX so look for selling pressure, but don't expect it to last when it first shows up. Volatility may present a problem for anyone trying to buy a dip right now. We're overbbought, but I'm going to be very patient at this price level. My first priority is to keep what I got. Making gains is secondary at the moment.

 

[fedgolfer]

I'm going to forgo posting the SS for now, internet access for me is difficult at the moment, but we're still on a buy. This is the week before OPEX so look for selling pressure, but don't expect it to last when it first shows up. Volatility may present a problem for anyone trying to buy a dip right now. We're overbbought, but I'm going to be very patient at this price level. My first priority is to keep what I got. Making gains is secondary at the moment.

Thanks for going through all the SS effort, CH... it is appreciated by all of us!
Also regarding current price level, I remember a quote, "The higher the price you pay, the lower your return will be."

 

[Birchtree]

fedgolfer,

That strategy only works in a bear market. The market is still cheap today and will be more expensive in the future. So buy today and then again tomorrow because the tomorrows are so many.

 

[coolhand]

Thanks for going through all the SS effort, CH... it is appreciated by all of us!
Also regarding current price level, I remember a quote, "The higher the price you pay, the lower your return will be."

You've been hanging around BT too much. :laugh: That's a buy and holder kind of quote. Timers really couldn't care less. But context is everything when throwing quotes around, and timeframes can change the context. That's all I have to say about that ~ F. Gump

 

[coolhand]

Okay, I'm back home now. Had a lot of problems getting internet access where I was staying so I stopped trying. Look for a blog this evening.