Frixxxx's Account Talk!

[Frixxxx]

We're not over sold. We haven't seen any capitulation. I don't see anything that looks like a bottom. All I see is the PPT trying to prevent an all out crash.

Perhaps Obama will annouce the details of his $800B stimulus plan on Monday?

Good luck Frixxxx.

The announcement Mon/Tues will give a kick to the market and I will be out that day.

 

[WorkFE]

Here to Frixxxx. Like to get the I down to about 5. should have taken it all on wed. Don't know what I was thinking

 

[350zCommTech]

The announcement Mon/Tues will give a kick to the market and I will be out that day.

I'm sure you noticed the currency moves this afternoon. They were definitely bullish for the market. The only thing that gave me pause was the inability of the SPX to finish above yesterday's open. They had plenty of opportunity to do that. If that had happened, I would be breaking out the champagne for you right now.

 

[WorkFE]

Thanks 350, kept us from losing a ton for sure.

 

[350zCommTech]

Thanks 350, kept us from losing a ton for sure.

You're welcome.

I just wish I had another IFT to use. 1 or 2 more big down days might just do it.

 

[WorkFE]

Same here, only place to hide is G. One of the reason to do alot reading and searching this weekend because what I do early next week is permanent until the 1st. Sure would hate to miss one of these mini rallies we've been having.
Only 2 ways to play this market right now, that and G safety. (If you believe it is safe).

 

[Frixxxx]

You're welcome.

I just wish I had another IFT to use. 1 or 2 more big down days might just do it.

I had both of mine so I decided that something had to be done. Since I've been out of the market since August, I thought I'd look for that 2-3% increase next week. As long as someone doesn't open their mouth, I know by Wednesday I'll get my rewards!

 

[WorkFE]

Shhhhhhhh

 

[350zCommTech]

I had both of mine so I decided that something had to be done. Since I've been out of the market since August, I thought I'd look for that 2-3% increase next week. As long as someone doesn't open their mouth, I know by Wednesday I'll get my rewards!

You mean like our new Secretary of the Treasury, Geithner? He is showing to be one dumb SOB.

 

[Frixxxx]

You mean like our new Secretary of the Treasury, Geithner? He is showing to be one dumb SOB.

I'm hoping he will be kept in "briefings" until Wednesday and I'll have a little extra green in the G to brood about!

 

[Frixxxx]

Morning all,

Busy day today - I'm moving offices and will be up to my eyeballs in boxes.

Anyway, I'm back to the "G" COB today, I think I'll get my 1-2% and I want to protect the "seed corn".

Forex market boring, pretty much stagnate. Even money:blink: this weekend.


I think we'll see some strength in the dollar today which should set up my longs pretty nicely.

Anyway, to my friends and those who keep tabs on me:

Be blessed and stay out of the fire if you can!!!!

"E"

 

[Steadygain]

Towards the end I began to wonder...:worried:

I'm thrilled you got a GAIN !!

 

[Frixxxx]

Thanks Steady

Fortunately, my move of offices kept me away from the computer to see the carnage. WHEW!

I'll take my .56%

Eric

P.S. Stoopid Oil:suspicious:

 

[Frixxxx]

Hello all,

OK, my one day move should've been two, but man 70K+ job cuts and the market turns GREEN today?

I'm RED about this. Oh well, ladies and gentlemen, I'm back to 100% G today and at least until next week when my IFT chits get reset.:suspicious:

Forex go bouncy bouncy so I'm positioned well for the next moves. I see the dollar gaining strength for my long positions, bad for "I" Fund.

Anyway, good luck to those in the "end-o-month rally" as my good friend 350Z says.

Good luck this week and I hope to put a little FOREX information to add on to my previous conversation.


"E"

 

[Birchtree]

"Over the last six decades, it turns out, the stock market on average has performed better when the nation's unemployment rate was higher than when it was lower. Employee productivity actually increases."

http://www.marketwatch.com The upside of unemployment - Mark Hulbert 1/26/09

 

[350zCommTech]

Hello all,

OK, my one day move should've been two, but man 70K+ job cuts and the market turns GREEN today?

I'm RED about this. Oh well, ladies and gentlemen, I'm back to 100% G today and at least until next week when my IFT chits get reset.:suspicious:

Forex go bouncy bouncy so I'm positioned well for the next moves. I see the dollar gaining strength for my long positions, bad for "I" Fund.

Anyway, good luck to those in the "end-o-month rally" as my good friend 350Z says.

Good luck this week and I hope to put a little FOREX information to add on to my previous conversation.


"E"

If this happens again this month, it would be the 4th end of the month rally in a row. And lately, they have been rallying despite bad news.

I bet you I can put a stop to this pattern come February.

We both made one day moves this month and we both will end the month in the green. View attachment 5539

 

[luv2read]

make that 3!

 

[Prozium]

And lately, they have been rallying despite bad news.

Rally that the banks will be allowed to dump their bad loans on the backs of the taxpayer with the creation of a Bad Bank.

I got a strong desire to go 100% cash today. A plan just like this caused the crash of 1937.

Remember the first Friday of February is when the birth/death module plays catch up and all the jobs losses they did not catch gets factored in for the last year.

 

[350zCommTech]

Remember the first Friday of February is when the birth/death module plays catch up and all the jobs losses they did not catch gets factored in for the last year.

Yes, thank you for that reminder.

 

[Frixxxx]

And once again the bad news hits:

AT&T 4Q earnings fall 23.6 percent- AP
Wells Fargo swings to 4Q loss- AP
Boeing posts 4Q loss due to labor strike, charges- AP
Oil rises on positive company earnings- AP
ConocoPhillips reports $31.8B loss on charges- AP
AirTran posts much wider 4Q loss- AP
NYU’s Roubini: "Nowhere to Hide" from Global Slowdown-

As soon as I figure out what glasses the market is wearing to see this sort of green, I will mass market them by the bushels.

I'm not sure the market will hold today.

Birch, I read that article too, but I can't buy into it. This market and the conditions around it don't support the support.

And where the HELL are the minutes for December from the Stoopid board? There should be a law!!!!:suspicious: