James48843 Account Talk

[Silverbird]

The ban on short selling, unfortunately, is only for the l33t...sorry only for certain selected companies. As one wag on CNBC said, how do you get on the list? And the list grows when Paulson wants. And it has a time limit on it...which can be extended with no money down.

We need the uptick rule instead. That was fair, no l33ts, no time limits. This short selling ban is only a faux version.

 

[jon]

Now... Live streaming, Senate Banking Cmtt... Internet C-Span

 

[fedgolfer]

We need the uptick rule instead. That was fair, no l33ts, no time limits.

IMHO, the uptick rule has nearly nothing to do with this problem or the solution. The absence of the uptick rule allows people to hop on board a short position at the wrong time... the vast majority of them will be the ones forced to go long and cover their shorts, as seen last Thursday & Friday.

BTW, this hearing has me glued to my seat... streaming bloomberg radio.

 

[Steadygain]

Like all good Federal Employees, he likes to keep informed by reading TSPTALK.COM.

He finds it's like a favorite meal you never get tired of, because the main dish is always satisfying and the side dishes change from day to day. On the whole he finds it's the family atmosphere that makes it all worthwhile; so the 'bad days' don't seem so bad and the 'good days' are even better.

 

[FogSailing]

Thanks for that post James...I remember this discussion or one like it some time ago..thanks for reminding me that "Less is truely More" when it comes to Government intervention...

I starting to think we just let he whole thing fall apart and hopefully find a way to pick up the pieces and begin anew..

IMHO, This adminsitration is the worst in the history of our nation..

FS

 

[James48843]

OK- this is a pure "Hail Mary" play=

Moving 100% today to "C" fund.

I figure by the end of the day, we'll be down over 9% for the month in "C". And historically, there is NEVER been a month- short of the crashes- were we've ended the month down double digits without an immediate rebound.

Anyway, that's the hope.

Here we go- ALLLL ABBBOOOOOAARRDD!!

 

[WIND_HUNTER]

OK- this is a pure "Hail Mary" play=

Moving 100% today to "C" fund.

I figure by the end of the day, we'll be down over 9% for the month in "C". And historically, there is NEVER been a month- short of the crashes- were we've ended the month down double digits without an immediate rebound.

Anyway, that's the hope.

Here we go- ALLLL ABBBOOOOOAARRDD!!

I threw my Hail Mary on Friday and it's being bobbled in the endzone. Please catch it....

 

[fabijo]

OK- this is a pure "Hail Mary" play=

Moving 100% today to "C" fund.

I figure by the end of the day, we'll be down over 9% for the month in "C". And historically, there is NEVER been a month- short of the crashes- were we've ended the month down double digits without an immediate rebound.

Anyway, that's the hope.

Here we go- ALLLL ABBBOOOOOAARRDD!!

I wish I waited until today also! Good luck!

 

[McDuck]

Politics first, America second
Pelosi attacks Bush and praises Slick Willie before the vote
DOES SHE OR ANY DIM HAVE NO SHAME ?

 

[Fivetears]

Staggering... and no shame.

 

[James48843]

I just looked at my TSP account balance.

​

 

[Miss_Piggy]

I initially thought they were saying "Palin" instead of Pain.

Another ​

for the day!​

 

[Braveheart]

I just looked at my TSP account balance.

​

Is that me behind you or did Birch already jump !! Funny thing is I will make a bold prediction today the market will gain at least 1/2 of yesterdays losses. I actually targeted several stocks yesterday.

When you think of it that selloff was just stupid. Everyone knows there will be so bailout so panic sell and take a loss. I saw yesterday as a day to buy just a bad day for the TSP.

 

[fabijo]

Politics first, America second
Pelosi attacks Bush and praises Slick Willie before the vote
DOES SHE OR ANY DIM HAVE NO SHAME ?

She just went on and on. ouch. It reminds me of getting a long lecture as a kid - I learned to tune it out.

 

[James48843]

Hey- does somebody still have that chart showing housing market comparison to the S&P?

 

[James48843]

Cramer said this morning he expects another 20% down before we bottom.

I give up.

I'm going "G" today.

 

[weatherweenie]

Cramer said this morning he expects another 20% down before we bottom.

I give up.

I'm going "G" today.

If you're into specific numbers, Cramer forecast 8300 on the Dow last week.

 

[DoughBoy]

I'm going "G" today.

Are you serious?

 

[James48843]

Yes.

Three reasons:

1. Bloodletting continues worldwide.

2. Cramer says "SELL SELL SELL", and the MSNBC lady this morning used the word "Panic". I hate that word on world wide television in the morning.

3. My wife asked me this morning how she moves her 401(K) to money market.

If she asks me that, that means everybody is asking that. And that is NOT a good indicator of postive ahead.

 

[McDuck]

Quote for the day: