James48843 Account Talk

[James48843]

OK-

I just went 100% "F" fund. I can't see anything but doom and gloom for the rest of the month. Fed just shot it's last shot- it's out of bullets except for printing more money.

I'm up good so far this month- I'll just take it and walk away licking my wounds over the last year. Maybe when we get close to Christmas I may look again, but I think I see 855-850 on the S&P in the next few days, so I am just going to cut and run for today.

Moving 100% to "F" fund. I'm outta here.

 

[hessian]

December 17th, 2008
Ben “Berserk” Bernanke
I was totally surprised by how the Fed went berserk on Tuesday. They acted like they had never encountered a recession before. Personally, I have survived several recessions, and they weren’t that big of a deal.

There is a rumor that a mouse ran into the room during the meeting and the entire FOMC jumped up on the conference table and started shrieking.
http://www.trivisonno.com/
(As good a theory/rumor as I've heard!)

 

[JTH]

OK-I just went 100% "F" fund. I can't see anything but doom and gloom for the rest of the month.

You're a brave man for buying the F-Fund today, that sucker has been peaking since Monday with its YTD high. But hey, what do I know? Afterall, I exited the F-Fund on Monday

 

[Birchtree]

He's a bear trying to hide from the herd of bulls that will be stampeding.

 

[Corepuncher]

OK-

I just went 100% "F" fund. I can't see anything but doom and gloom for the rest of the month. Fed just shot it's last shot- it's out of bullets except for printing more money.

I'm up good so far this month- I'll just take it and walk away licking my wounds over the last year. Maybe when we get close to Christmas I may look again, but I think I see 855-850 on the S&P in the next few days, so I am just going to cut and run for today.

Moving 100% to "F" fund. I'm outta here.

Wow. Gutsy move chasing that confetti we call T bills! Be out before the bubble bursts.

 

[James48843]

Interesting tidbit to munch on-

Over the last few sessions, the small stocks - S Fund, has done better than the S&P 500.

I am now watching that closely.

I am thinking that small stocks may lead us out of this bear market, and movement in them will start before movement in the large caps.

That is a reversal from what has been happening over the last year or so. But still WAYY too early to mean anything.

But it is an interesting observation. I'll be watching it closer over the next few weeks.

Just something to think about.

 

[James48843]

And I may jump back in today. Not sure yet- we haven't lost enough yet this morning- but it appears we are on the way.

I said when I bailed out on 12-17 that I was thinking we'd get back to the 860-850 level on a down stroke. We're approaching that now.

If a trade today executed at the prices we have at this moment- I would be ahead by about a dime in the "F" fund that I am sitting in, and buying C fund at about 30 cents cheaper a share than what I sold at on the 17th.

Every little "clip" has value. And I would be fully invested should Santa come around after Christmas.

Decisions, decisions....

 

[James48843]

Back into stocks- 50% C, 50% S, and looking for a Santa Rally.

 

[tsptalk]

Interesting tidbit to munch on-

Over the last few sessions, the small stocks - S Fund, has done better than the S&P 500.

I am now watching that closely.

I am thinking that small stocks may lead us out of this bear market, and movement in them will start before movement in the large caps.

That is a reversal from what has been happening over the last year or so. But still WAYY too early to mean anything.

But it is an interesting observation. I'll be watching it closer over the next few weeks.

Just something to think about.

Small cap companies are affected by rate cuts more than large caps as they tend to borrow more, so this recent reletive strength makes sense. But the economy still has to recover for the gains to be sustained. That's the $64K question. Will the rate cuts be enough to boost the economy. I wish I knew.

 

[James48843]

Dang. Looks like once again I pulled the trigger to get back in one day early. I wasn't looking for an hour, and when I looked again, we're big time in the red.

That's ok- I'll still take the little snips when I can.

P&F chart now showing bearish price objective of 820. this morning it was showing 840 . I think we'll get hammered today, and maybe a little more tomorrow- and then get a santa rally next week. Anyway- that's what I am hoping for.

Now at 864 as I write this- and I have an IFT today to buy at the close.

 

[James48843]

Merry Christmas.



Here is what Santa brought me this morning....

Hope he was better for you.

I guess I was just a bad boy this year.....
​

 

[KevinD]

At least mine had a bow...

 

[James48843]

Going to stocks- 45% C, 45% S, 10% I today.

S&P looking better this morning.

good luck

 

[Guest2]

Good Luck James !

 

[Steadygain]

Going to stocks- 45% C, 45% S, 10% I today.

S&P looking better this morning.

good luck

P&F Chart (870) held up well - so hopefully you'll have a few good days.

GL

 

[McDuck]

 

[nasa1974]

For all the problems we have right now, "WE ARE STILL THE BEST DAMN COUNTRY IN THE WORLD." God bless our men and women in uniform.

 

[wv-girl]

99.9 WFRE (out of Frederick, MD.)plays this every day.

Thanks Greg.(and yes, it is a red-neck country station)

 

[CountryBoy]

For all the problems we have right now, "WE ARE STILL THE BEST DAMN COUNTRY IN THE WORLD." God bless our men and women in uniform.

Amen NASA and thanks Greg.

CB

 

[McDuck]

CNN Correspondent Now the Communist Candidate in El Salvador