coolhand's Account Talk

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Right now liquidity and institutional buying is favorable for a run higher. Tax season is nearing an end and it could be a lot of money is coming into the market to finish funding those IRAs for 2010 before that window closes (that's what I'm doing).

But in the very short term (1 or 2 days) I'm looking for weakness. If it doesn't come and we run higher anyway, I may be inclined to put some more cash into play. But for now I'm holding my position at 70/30 cash/stocks. Longer term looks good in any event.

Mcqlives said:
CH,

I originally posted this on the market outlook thread as a response to your "V" channel analysis. Any thoughts are appreciated.

I rode that "V" in the S fund from the 24th of February all the way till now and am positive for March (not nearly as much as I made in February though). I was expecting around a 7 or 8% sell off in mid to late March but the news driven sell off caught me off guard. I kept expecting the news to calm down and a short bull run before the 7 or 8% sell off would start but the news drove the consolidation down and down. Now we have the calm down but is the consolidation done?

My original plan was to be in the S fund till around the 11th of March followed by bailing into the G till this week when I would have bought back into S to start off April with 2 moves. Now I am sitting here looking at April being a historically positive month but am getting a bad feeling that the 7 or 8% (or more) consolidation is still to come.

I'm getting ready to flip a coin.
Click to expand...
 
coolhand said:
Right now liquidity and institutional buying is favorable for a run higher. Tax season is nearing an end and it could be a lot of money is coming into the market to finish funding those IRAs for 2010 before that window closes (that's what I'm doing).

But in the very short term (1 or 2 days) I'm looking for weakness. If it doesn't come and we run higher anyway, I may be inclined to put some more cash into play. But for now I'm holding my position at 70/30 cash/stocks. Longer term looks good in any event.
Click to expand...

CH, I think most people have already gotten their tax refunds if they are getting one. I mean why wait until April 15th? I'm sure a lot of people are in my position and waiting until the 15th to sell stock in order to pay what we owe?
 
That's true. But my purchases go in each payday. And I'm trying to fund two accounts. Mine and my wife's. That's $12,000/year and not peanuts given I'm also contributing to TSP. But I fund the prior year as much as possible because I don't know what tomorrow brings. If I can max it out great, if not I tried in any event. :)

Intrepid_Timer said:
CH, I think most people have already gotten their tax refunds if they are getting one. I mean why wait until April 15th? I'm sure a lot of people are in my position and waiting until the 15th to sell stock in order to pay what we owe?
Click to expand...
 
coolhand said:
That's true. But my purchases go in each payday. And I'm trying to fund two accounts. Mine and my wife's. That's $12,000/year and not peanuts given I'm also contributing to TSP. But I fund the prior year as much as possible because I don't know what tomorrow brings. If I can max it out great, if not I tried in any event. :)
Click to expand...

Sounds like a plan! :)
 
Mcqlives said:
If this doesn't act as an eye opener for those that think commodities are staying flat then nothing will! Jimmy Carter Inflation Here We Come!!!
Click to expand...

Core Inflationsm.jpg
 
Fed's Rules Let Brokers Turn Junk Into Cash at Height of Financial Crisis

http://www.bloomberg.com/news/2011-...han-treasuries-as-rescue-loan-collateral.html

Oil Rises to 30-Month High on Libya Conflict; OPEC Output Slides

http://www.bloomberg.com/news/2011-...rterly-increase-on-libyan-supply-concern.html

Corn Extends Advance on Concern Higher U.S. Acreage Won't Boost Stockpiles

http://www.bloomberg.com/news/2011-...igher-u-s-acreage-won-t-boost-stockpiles.html

Investors Move Onward and Upward

http://online.wsj.com/article/SB100...00380506.html?mod=WSJ_hpp_MIDDLE_Video_second

Washington Needs To Stop Indulging Americans’ Magical Thinking On Deficit

http://blogs.forbes.com/beltway/201...ulging-americans-magical-thinking-on-deficit/

CEO pay soars while workers' pay stalls

http://www.usatoday.com/money/companies/management/2011-03-31-ceo-pay-2010.htm

Dollar climb off lows after more hawkish Fed comments

http://www.reuters.com/article/2011/03/31/markets-forex-idUSL3E7EV46A20110331
 
Oil Rises to 30-Month High in New York on Fuel Demand Outlook, U.S. Jobs

http://www.bloomberg.com/news/2011-...2-to-108-16-a-barrel-in-new-york-trading.html

Report to Detail Subprime Underside

http://online.wsj.com/article/SB100...97152.html?mod=WSJ_hp_LEFTWhatsNewsCollection

GOP Aim: Cut $4 Trillion

http://online.wsj.com/article/SB100...40751124518520.html?mod=WSJ_hp_LEFTTopStories

Fed's Low Interest Rates Crack Retirees' Nest Eggs

http://online.wsj.com/article/SB100...3492.html?mod=WSJ_hp_MIDDLENexttoWhatsNewsTop

Religious Radicals’ Turn to Democracy Alarms Egypt

http://www.nytimes.com/2011/04/02/world/middleeast/02salafi.html?_r=3&ref=todayspaper&pagewanted=all

U.S. Consumers Have Big Banks To Blame For High Gasoline Prices

http://www.zerohedge.com/article/us-consumers-have-big-banks-blame-high-gasoline-prices

Keep an eye on InterOil & George Soros

http://www.pittsburghlive.com/x/pittsburghtrib/opinion/s_730320.html#ixzz1IYARfZq6

Budget countdown: Deal or no deal?

http://www.politico.com/news/stories/0411/52447.html
 
They have done it before and will do it again, get out of the "G" Fund if it makes you nervous.:sick:
 
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