Frixxxx's Account Talk!

[law87]

Bears are trying to kill this market, but then again, the bulls aren't defending it very well...

I think they are doing extremely well this is atleast the fourth time it been touch and bounce classic battle between good and evil lol are you a Jedi or a sith lord


Edit: bears setting up for another run

 

[Frixxxx]

On a good note, I'm 42-3 on my Forex for the year....

1.59 is a good starting point for a long on the pound!

 

[law87]

On a good note, I'm 42-3 on my Forex for the year....

1.59 is a good starting point for a long on the pound!

wow that is a nice record!

 

[RealMoneyIssues]

On a good note, I'm 42-3 on my Forex for the year....

1.59 is a good starting point for a long on the pound!

Again,

 

[Frixxxx]

wow that is a nice record!

Thanks, and with only a 3.8653% Drawdown!!!

Again,

Repetition is the root of my adventure!

 

[RealMoneyIssues]

with only a 3.8653% Drawdown!!!

What does this mean?

Repetition is the root of my adventure!

ok,

 

[law87]

we're 1262 on the future, frixxx whats your take? going to next level of support or bounce back up?

 

[Frixxxx]

What does this mean?

drawdown

we're 1262 on the future, frixxx whats your take? going to next level of support or bounce back up?

One more level.....If we drop through, I'll be out for good, cause we'll be looking at 800 again.

 

[Birchtree]

I don't think we'll fall through support at 1263 - I keep thinking about the positive LEI for May of +0.8%. The second half will be better. Who knows, we might get a run next week and take back the SPX 50 EMA at 1322. Now that would shake a few bears out of the trees.

 

[Frixxxx]

I don't think we'll fall through support at 1263 - I keep thinking about the positive LEI for May of +0.8%. The second half will be better. Who knows, we might get a run next week and take back the SPX 50 EMA at 1322. Now that would shake a few bears out of the trees.

If we can keep the EURO trash in the dump. We need a global explosion of optimism and soon. I feel that the doom and gloom sayers are not going away soon. My position grabbing at this level is hurting, but I got half a year to make back 5% for my goal, so the last two months will be a nice base to reap some rewards with a 1322+ run!

 

[amoeba]

I don't think we'll fall through support at 1263 - I keep thinking about the positive LEI for May of +0.8%. The second half will be better. Who knows, we might get a run next week and take back the SPX 50 EMA at 1322. Now that would shake a few bears out of the trees.

If you keep thinking May LEI, then you keep thinking backwards; that's about as trailing an indicator as can be. I think the exact opposite of you; the second half will be worse....if there is a run next week it will have to do with something else, like noise in Greece, and low volume holiday fluctuations. But the jobs report will be looked at closely - and lately - it has had a delayed reaction.

And the swings and volumes are getting bigger; much ado with the support testing. We'll see.

 

[wwwtractor]

http://www.boston.com/business/articles/2011/06/25/greek_finance_chief_presents_austerity_plan/

“We have agreed that there will be a new program for Greece,’’ Angela Merkel, the chancellor of Germany,

 

[Frixxxx]

If we can keep the EURO trash in the dump. We need a global explosion of optimism and soon. I feel that the doom and gloom sayers are not going away soon. My position grabbing at this level is hurting, but I got half a year to make back 5% for my goal, so the last two months will be a nice base to reap some rewards with a 1322+ run!

Well, here we are at 1326 and what rears it's ugly head? Greece, the Eurozone. Housing up, 460 new planes ordered, Apple making money hand over fist. (BTW this will slow PC sales to a crawl.)

I need to match my tracker to my account soon, I thought I'd get a blip out of Japan, but it hasn't happened yet.

I started dabbling in Austrailia a few weeks ago for 14%. I did this because I met people on a cruise and they were scared the world would bring them down. We converse from time to time on stocks and they have been 90% right with their advice. Will post more later on that.

FOREX been berry, berry gud to me....Might get 40% this month since the Euro has been bouncing in the technicals.

Have fun today, but watch out for the sell-off!

Peace!

 

[RealMoneyIssues]

Glad to here you are still doing well with the 4X. How is the business (aka clients) part if it going?

 

[Frixxxx]

Great!

We are @ 78%. We had to change our model but the engine is fine....

I had to throttle our programmer's expectation's back so he would finish coding.

Other than that, it is just in maintenance mode right now until we pay back the investor.

Thanks for asking!

 

[RealMoneyIssues]

Great!

We are @ 78%. We had to change our model but the engine is fine....

I had to throttle our programmer's expectation's back so he would finish coding.

Other than that, it is just in maintenance mode right now until we pay back the investor.

Thanks for asking!

Absolutely, good luck !!

 

[Warrenlm]

....but watch out for the sell-off!....

Date please.

 

[Frixxxx]

Date please.

I think the media will pick this date.....

Jul 29th - The Friday before the week that will destroy/maintain the U.S. Economy
Aug 1st - The day before the August 2 deadline that has been set as the last, final, possible, end-of-the-road, DAMMIT JIM, I'm a doctor-not an economist!
Aug 2nd - The day that determines whether or not we can put forth a bill quick enough to get voted through the process.
Aug 3rd - Yeah, we're done!

Anyway you slice it, it's no win, unless the ceiling is raised.

 

[amoeba]

And then what? (if debt ceiling is raised)

I say there's a whole bunch of buying going on right now based on the assumption of a deal, and the market will sell off on and after 8/2, whether or not a deal is reached.

 

[Birchtree]

amoeba,

Why even worry yourself about all this nonsense - you have no skin in the game.