Intrepid_Timer's PUBLIC Account Talk

[dannyboy]

I noticed you left the F fund and now sit in G for the remainder of the month. What is your feeling about market direction for the balance of June?

***
I came across this, from xtrends.com., it's just another opinion
but it may be considered?

In addition to the previous bear market engines, there is now another leadership sector, Retail Index.
There can be important implications derived from this. The cancer which destroyed Banking and Financial industry during the first leg, is now spread towards the lower layers of the food pyramid. That is, consumer who can no longer feed on second mortgages, easy credit and other types of fraudulent unfair money flow is dying. This explains why Shanghai Index has entered its own bear market, almost 8 months ahead of SPX, doesnt it?
We are currently working on a new index containing pure leadership names of this new cycle. If we succeed, this index will show the most clear road map from top to bottom, in all time frames.
If you think 2008/2009 was a tough market, you ain't seen nothing yet. This will be a broader, stronger, more persistent, extremely deceptive and most importantly unstoppable because this time, the governments are on the same bus as well.

 

[nasa1974]

***
I came across this, from xtrends.com., it's just another opinion
but it may be considered?

In addition to the previous bear market engines, there is now another leadership sector, Retail Index.
There can be important implications derived from this. The cancer which destroyed Banking and Financial industry during the first leg, is now spread towards the lower layers of the food pyramid. That is, consumer who can no longer feed on second mortgages, easy credit and other types of fraudulent unfair money flow is dying. This explains why Shanghai Index has entered its own bear market, almost 8 months ahead of SPX, doesnt it?
We are currently working on a new index containing pure leadership names of this new cycle. If we succeed, this index will show the most clear road map from top to bottom, in all time frames.
If you think 2008/2009 was a tough market, you ain't seen nothing yet. This will be a broader, stronger, more persistent, extremely deceptive and most importantly unstoppable because this time, the governments are on the same bus as well.

A bit disturbing.

 

[crws]

Agreed.
Inflation is our only way out, by driving investment spending. I remember the 80's when everything went up but wages, after wages were stagnant for years. Housing interest rates were 10%, and home values were in the gutter.
The Era of Austerity is definately upon us, and purging will be painful.
I am BMA to eliminate as much debt as possible. Once again, the old adage will persist- "Cash is King"
I hate being such a pessimist, but it wiil be awhile before the bleak reality of our economic predicament is wrestled under control, I'm afraid.

http://www.ft.com/cms/s/0/af2219cc-7c86-11df-8b74-00144feabdc0.html
US manufacturing crown slips

By Peter Marsh
Published: June 20 2010 17:43 | Last updated: June 20 2010 17:43


The US remained the world’s biggest manufacturing nation by output last year, but is poised to relinquish this slot in 2011 to China – thus ending a 110-year run as the number one country in factory production.
The figures are revealed in a league table being published on Monday by IHS Global Insight, a US-based economics consultancy.

Ahh, the old days....

A bit disturbing.

 

[Birchtree]

Remove the donkeys from office and the economy will show growth.

 

[Uptrend]

As long as unemployment remains high and access to credit is tight, there will be no inflation. We are probably entering more like a deflation depression

 

[Intrepid_Timer]

I noticed you left the F fund and now sit in G for the remainder of the month. What is your feeling about market direction for the balance of June?

My personal feeling is that we end June higher than we are now. I think we bounce either later today or tomorrow. Might be a big bounce.............

If we do bounce, I'd look to sell the first full week of July and I think the F fund will go down during that time.

 

[Birchtree]

You've always been prescient.

 

[Intrepid_Timer]

Corporate profits come out Friday. Would be nice if they are higher than expected..............with all the expense cutting, why wouldn't they.......

 

[Intrepid_Timer]

My personal feeling is that we end June higher than we are now. I think we bounce either later today or tomorrow. Might be a big bounce.............

Good timing huh?

 

[Intrepid_Timer]

I noticed you left the F fund and now sit in G for the remainder of the month. What is your feeling about market direction for the balance of June?

BTW, hey Frixxxx, I made that move to G fund yesterday sitting underneath a shade tree on my fairway mower at the golf course. Life is good............:toung:

 

[crws]

You buy some CBOE yet?
Not waiting 'til it hits $100 are ya

PS I hear that donkeys can be stubborn and obstinate- now which ones are they... I forget??:laugh::laugh:
http://www.merriam-webster.com/netdict/obstinate

1 : perversely adhering to an opinion, purpose, or course in spite of reason, arguments, or persuasion <obstinate resistance to change>

Remove the donkeys from office and the economy will show growth.

 

[Frixxxx]

BTW, hey Frixxxx, I made that move to G fund yesterday sitting underneath a shade tree on my fairway mower at the golf course. Life is good............:toung:

And You my Friend, need to Kiss my @SS!!!:laugh:

Hope you protected some seed corn with that move!

 

[Intrepid_Timer]

Yeah, mixed signals but I'm going with my main one. Don't like going at this point though. Would rather do it next week. Guess we'll see............I should have gone into the G fund today and out of the F but had to work late at the golf course....................

All indicators are now saying "Buy, Buy, Buy!"............i should of went to cash on my mixed signals. Oh well, live and learn. I did double down today....

For those of you that jumped back into the C, S or I today, I think you'll be quite happy. At least for the next 3 days..............

 

[Intrepid_Timer]

Finally, a cell phone for us old folks.................

 

[Intrepid_Timer]

Just sold Faz at $14.31 for a gain of 0.06% and bought Fas at $23.95.


Beginning balance on 01-04-10: $10000. Current balance: $13304.

Sold Fas at $20.11 for a loss of 16.03%. Bought Faz at $16.67.


Beginning balance on 01-04-10: $10000. Current balance: $11171.

 

[Frixxxx]

Sold Fas at $20.11 for a loss of 16.03%. Bought Faz at $16.67.


Beginning balance on 01-04-10: $10000. Current balance: $11171.

ouch

 

[SWAVET]

All indicators are now saying "Buy, Buy, Buy!"............i should of went to cash on my mixed signals. Oh well, live and learn. I did double down today....

For those of you that jumped back into the C, S or I today, I think you'll be quite happy. At least for the next 3 days..............

Oops, Not the last 3 days, do you means the next 3 days. Are you plan to jump back in the market anytime soon? There is one finacial advice to move into stocks (more on S & I than C), where can I find the indicators that you mentioned buy, buy, buy!

SWA Veteran

 

[Intrepid_Timer]

Oops, Not the last 3 days, do you means the next 3 days. Are you plan to jump back in the market anytime soon? There is one finacial advice to move into stocks (more on S & I than C), where can I find the indicators that you mentioned buy, buy, buy!

SWA Veteran

Those 3 days turned out to be 2 days.............. Don't know when I'll get back into the market. I'm definitely not a market predictor. My two main indicators are the price of the dollar and the price of copper. I throw in a few proprietary items and I have my trading system.

 

[Frixxxx]

Those 3 days turned out to be 2 days.............. Don't know when I'll get back into the market. I'm definitely not a market predictor. My two main indicators are the price of the dollar and the price of copper. I throw in a few proprietary items and I have my trading system.

Wow, so your system is based on $ & cents?:laugh:

:nuts:Milkman Forever!!!:nuts:

 

[Intrepid_Timer]

Wow, so your system is based on $ & cents?:laugh:

:nuts:Milkman Forever!!!:nuts:

Brilliant deduction Watson!!