Corepuncher's Account Talk

[Corepuncher]

Went ahead with the move.

Anyone else thing it is peculiar that the bond yields are up so hard today while stocks are plummeting?

 

[fedgolfer]

if we close strong today, hopefully we'll get a bottoming tail on the daily & weekly charts. S Fund/DWCP, coming back with a vengence.

Oh, the 14:30 candlestick on the UYG looks like it took out all the stop-losses. it then broke through yesterday's upper line of resistence and is now testing that for support. Let's hope she holds and finds some buyers.

 

[JTH]

Went ahead with the move.

Anyone else thing it is peculiar that the bond yields are up so hard today while stocks are plummeting?

Yes and I was surprised by F's 1/2 penny on Thursday.

 

[fedgolfer]

if we close strong today, hopefully we'll get a bottoming tail on the daily & weekly charts. S Fund/DWCP, coming back with a vengence.

Oh, the 14:30 candlestick on the UYG looks like it took out all the stop-losses. it then broke through yesterday's upper line of resistence and is now testing that for support. Let's hope she holds and finds some buyers.

I know I shouldn't count my chickens, but there are several fishy things today and yesterday that make it seem the Paulson and the PPT were flushing the toilet on purpose.

 

[luv2read]

I know I shouldn't count my chickens, but there are several fishy things today and yesterday that make it seem the Paulson and the PPT were flushing the toilet on purpose.

Another sneaky weekend move like BSC/JPM for Fannie and Freddie? What will we wake up to on Monday?

 

[fedgolfer]

Paulson and the PPT were flushing the toilet on purpose.

Although, there's such a big turd in the bowl, it may take multiple flushes until clear water emerges.

 

[Corepuncher]

Weeeeeeee!

 

[Corepuncher]

Weeeeeeee!

Man I was afraid I was gonna end up buying higher today...i at least feel good that I bought a bit lower. S fund not as low as I would have liked, but maybe that means it is a relative area of strength. Will be looking to sell hard by 1320, should it ever come around again.

 

[Corepuncher]

A nice .46% giveback on the EFA/I fund today (good day to sell it). With time, I think the dollar will strengthen against the other currencies.

Credit markets stink to high heaven. I heard that Credit Default Swaps doubled today (CDS). I'm no expert but doesn't sound good :cheesy:

How about that S fund? It is really holding it's ground...hasn't even fallen down to March lows, let alone break them. Was hoping for a bigger drop in S to pick up more shares but I'll take strength where it is given. Still have a "token 10" % in G for one last buy if needed. 1 Transaction left this month.

Updated Tracker COB 7/11/08
----------------------------------------------------------------------
2008 YTD Return: + 1.31 %
Today: -0.54%
Current Allocation: 45C 45S 10G
Tracker Rank: 15
----------------------------------------------------------------------

 

[Braveheart]

Another sneaky weekend move like BSC/JPM for Fannie and Freddie? What will we wake up to on Monday?

That is the 4 trillion dollar question my bet is we will get a speech and as bullshi* talk from the Fed and Congress will say they support Fannie & Freddie but there will be no Fed open window that was all rumor BS to keep a crash. Who leaked the report someone that was about to lose a few Billion got the spike and sold then we saw the dip.

If there is no news money Oil will be over $150 and the tumble will continue.

How about a Fed F U shocker and raise interest rates 50 basis points Monday right at 9:30 AM EST to strengthen the dollar ? Never happen but imagine the hit the big boys would take.

 

[Corepuncher]

How About A Fed F U Shocker And Raise Interest Rates 50 Basis Points Monday Right At 9:30 Am Est To Strengthen The Dollar ? Never Happen But Imagine The Hit The Big Boys Would Take.

Booyah!

 

[Corepuncher]

We are all at a crossroads today, it seems. One one hand I'm a bit freaked out that we could crash any day, but on the other hand, I'd hate to miss a small rally. Sure enough S is down more than the others...right after I decide to switch to S. Oh well.

A part of me is saying just go for it and go all in. For me that would mean using my last 10% and last trade of the month. I could still sell though. Decisions decisions...

Where we close today is key. Looking at the last few big down days...seems we go down big, then sideways for 3 days before another leg down. Today is the third day (so now another slide cometh??). Maybe not. If we can close green today, I think it will be a small victory! We just don't want to drift downward again.

 

[JTH]

I know most everyone is invested and hoping for a rally, but I'd like to see a flat day and week. I grow tired of this 20 point volitility crud.

Good luck to everyone

 

[Corepuncher]

I feel compelled to go against my fears and throw the rest into C today. A stupid move? Perhaps. But to tell you the truth, it might be kind of refreshing not to have to look at stocks every day for a while and lust let it ride!

:cheesy::cheesy::cheesy:

 

[Corepuncher]

geronimo!!!!!

55c 45s

If we close down today, i bought lower.
If we close up today, I may catch a rally.
If the stock market crashes, well, I'm in it for the long haul (25-30yrs)

 

[Gumby]

geronimo!!!!!

55c 45s

If we close down today, i bought lower.
If we close up today, I may catch a rally.
If the stock market crashes, well, I'm in it for the long haul (25-30yrs)

Good Luck

 

[Corepuncher]

Hopefully I will not get incinerated by the nuclear blast! Come on rally, take me home!

 

[Show-me]

Cool.

 

[Guest2]

So, You think there's Blood in the streets, do ya ?

Good Luck !

 

[WIND_HUNTER]

I bought in 100% stocks COB Friday and still think we see a nice rally soon. A risky move, but at these prices, it's hard to turn down. but If we do crash, I will be in for the long haul also and will be at the mercy of the markets.....:nuts: