coolhand's Account Talk

[coolhand]

Revolution and the Muslim World

http://www.stratfor.com/weekly/20110221-revolution-and-muslim-world

 

[coolhand]

It's always a good feeling to sidestep pain.

The markets have been very good to me in February. Libya is gonna chase Egypt's outcome until Moammar has to leave, that will be a long time. I'm going to take these positive gains and hide until next week.
G-80,C-20%%
db

 

[coolhand]

Oil Rises to 28-Month High on Libya, Middle East Supply Concern

http://www.bloomberg.com/news/2011-...k-as-libyan-unrest-stokes-supply-concern.html

China's `Jasmine' Rally Organizer Calls for Weekly Gatherings in Web Post

http://www.bloomberg.com/news/2011-...-calls-for-weekly-gatherings-in-web-post.html

Dubai Can't Kick Its Building Habit as Glut Lowers Prices

http://www.bloomberg.com/news/2011-...ilding-habit-as-glut-forces-prices-lower.html

Euro Gets Cold Shoulder at Ballot Box of Anger: Jens Bastian

http://www.bloomberg.com/news/2011-...-box-of-anger-commentary-by-jens-bastian.html

Dictator Loses Grip in Desert

http://online.wsj.com/article/SB100...59821865690988.html?mod=WSJ_hp_LEFTTopStories

It's Crunch Time for Organized Labor

http://online.wsj.com/article/SB100...721023104538.html?mod=WSJ_hp_MIDDLETopStories

ObamaCare Is Already Damaging Health Care

http://online.wsj.com/article/SB100...500803046.html?mod=WSJ_hpp_MIDDLE_Video_Third

Will Raymond Davis Be Murdered?

http://www.businessinsider.com/will-raymond-davis-be-murdered-2011-2

Richard Koo: QE Is Undermining U.S. Economic Policy

http://www.businessinsider.com/richard-koo-qe-is-undermining-us-economic-policy-2011-2

Gaddafi's Next Move: Sabotage Oil and Sow Chaos?

http://www.time.com/time/world/article/0,8599,2052961,00.html?xid=tweetshare

Wisconsin Unions Calling for a General Strike if Walker Plan Passes

http://www.redstate.com/laborunionr...g-for-a-general-strike-if-walker-plan-passes/

All eyes on Bahrain as Gulf tremors frighten oil markets

http://www.telegraph.co.uk/finance/...in-as-Gulf-tremors-frighten-oil-markets.html#

 

[coolhand]

Had some arthroscopic surgery yesterday on my left knee, which limited my posts here yesterday. No issues though, and should heal quickly.

Qaddafi's Grip on Power Weakens as Opponents Secure Libya's Oil-Rich East

http://www.bloomberg.com/news/2011-...on-al-qaeda-as-foes-tighten-hold-in-east.html

Investors Stretch for Yield Amid ‘Collapsing’ CMBS Spreads

http://www.bloomberg.com/news/2011-...h-for-yield-amid-collapsing-cmbs-spreads.html

Russia's North Caucasus Terror Threatens Olympics as Focus Moves to Sochi

http://www.bloomberg.com/news/2011-...hreaten-olympics-as-focus-moves-to-sochi.html

Brown Says California Faces $25 Billion in Budget Cuts Without Tax Vote

http://www.bloomberg.com/news/2011-...-billion-in-budget-cuts-without-tax-vote.html

Libya Rebels Tighten Noose

http://online.wsj.com/article/SB100...63683038485482.html?mod=WSJ_hp_LEFTTopStories

Did Goldman Sachs Secretly Write Some Democratic Propaganda And Disguise It As Research?

http://www.businessinsider.com/goldman-sachs-democratic-propaganda-2011-2

Google Announces Massive Algorithm Change, Declares War On Content Farms, Including Demand Media

http://www.businessinsider.com/goog...s-including-demand-media-2011-2#ixzz1EyNEdMOa

As Expected, CME Follows ICE, Proceeds With First Crude Margin Hike Since March 2009

http://www.zerohedge.com/article/ex...e-proceeds-first-crude-margin-hike-march-2009

Stratfor On Why Developments In Bahrain Are More Important Than Libya's

http://www.zerohedge.com/article/stratfor-why-developments-bahrain-are-more-important-libyas

Rising Oil Prices Pose New Threat to U.S. Economy

http://www.nytimes.com/2011/02/25/business/economy/25econ.html?_r=2&ref=business&pagewanted=all

ObamaCare Is Starting To Bleed Insurers Dry

http://www.forbes.com/2011/02/23/ob...lation-opinions-contributors-sally-pipes.html

Short sellers flee the market

http://money.cnn.com/2011/02/24/markets/short_selling/index.htm

 

[coolhand]

Some good technical analysis on the dollar for those of you in the I fund, or those thinking of taking a position in it.

http://www.traders-talk.com/mb2/index.php?showtopic=128244

 

[airlift]

I'm glad to know that everything went well. Welcome back!

 

[Tsunami]

Some good technical analysis on the dollar for those of you in the I fund, or those thinking of taking a position in it.

http://www.traders-talk.com/mb2/index.php?showtopic=128244

CH - Good reads as always today....those dollar charts don't show the critical trend line the dollar is sitting on right now per this chart.....
http://elliottwavetrendsandcharts.com/wordpress/wp-content/uploads/2011/02/dol-24.png
I still think the dollar will bounce off of that trend line, kind of a double bounce like back in 2008, then up to 87 for a test of the upper trend line. But it needs to happen now and if it instead breaks down hard from here, well then maybe we go right into high inflation right now instead of in a year or two like I'm currently thinking.

 

[coolhand]

I went to the World Money Show here in Orlando a couple weeks ago and heard a 45 minute presentation from Joe Battipaglia and during that presentation he spoke about the rising bonds yields sending an inflationary message. His take was that it would be about another year (since the bond market looks ahead about that far) before inflation becomes too hard to hide in Government data. So your expectations match his.

CH - Good reads as always today....those dollar charts don't show the critical trend line the dollar is sitting on right now per this chart.....
http://elliottwavetrendsandcharts.com/wordpress/wp-content/uploads/2011/02/dol-24.png
I still think the dollar will bounce off of that trend line, kind of a double bounce like back in 2008, then up to 87 for a test of the upper trend line. But it needs to happen now and if it instead breaks down hard from here, well then maybe we go right into high inflation right now instead of in a year or two like I'm currently thinking.

 

[crws]

Some good technical analysis on the dollar for those of you in the I fund, or those thinking of taking a position in it.

http://www.traders-talk.com/mb2/index.php?showtopic=128244

Excellent find, thanks.

 

[Frixxxx]

Props Coolhand, that is why I can't give you any more rep...I gave you all I could within the bounds of the MB Law!:laugh:

 

[coolhand]

I cancelled my IFT for today. With the market moving lower now, this may not be the best spot to get defensive. I could be wrong too, but it's my call.

 

[Birchtree]

You were moving to 50G right - you need a strong equity position to get off that bottom.

 

[coolhand]

It was going to be 50/50. Really not worried about the tracker position. I'm not a member of it because I like it. I did it because my arm got twisted. :laugh:

You were moving to 50G right - you need a strong equity position to get off that bottom.

 

[coolhand]

Thanks airlift. I'm hobbling around a bit, but went for a 4 mile bike ride this morning to get the blood flowing. Wasn't a problem.

I'm glad to know that everything went well. Welcome back!

 

[nnuut]

But can Ya still DANCE?

 

[Show-me]

Glad to hear you are on the mend.

 

[vegasmith]

It was going to be 50/50. Really not worried about the tracker position. I'm not a member of it because I like it. I did it because my arm got twisted. :laugh:

I heard dat.

Starting to think I should run two trackers next year. One to reflect real life allocations and one for guilt-free competition.

 

[KevinD]

I heard dat.

Starting to think I should run two trackers next year. One to reflect real life allocations and one for guilt-free competition.

Aren't you doing that now? TSPtalk tracker and your real TSP account?

 

[burrocrat]

what? you mean your tsp positions don't have to match your tracker picks? say it isn't so.

i've been playing that game with one hand tied behind my back then, no wonder i haven't got a coffee cup yet.

when i do an IFT i also set my Contribution Allocation the same, and mark it on the tracker then post in my account talk thread. i thought that's how it was supposed to be.

i don't think i could keep the two straight if i did that, would misclick and send all my real money in when i meant to be out for the game or something.

 

[Birchtree]

You become a more intelligent and cautious investor when you use real money - it provides a valid learning lesson. There is great opportunity in TSP to make serious money over time but you have to learn before you churn. The more you have in the more you can win.