Jkenjohnson's Account Talk

my thought now is, the markets keep going up. I dont think i want to be out of the market (missed too many gains to date). So fight now I am in, and figure most moves now will be shifting from one fund to another, not so much in and out.

life is good, enjoy the market! I dont see a signifigant down for a while. People always mutter about the top being here... been saying that for months, years! missed out on a lot.
 
my thought now is, the markets keep going up. I dont think i want to be out of the market (missed too many gains to date). So fight now I am in, and figure most moves now will be shifting from one fund to another, not so much in and out.

life is good, enjoy the market! I dont see a signifigant down for a while. People always mutter about the top being here... been saying that for months, years! missed out on a lot.

Looks like things may be changing. We'll have to see what tomorrow brings.
 
Re: h20skier account talk

Market should pop on jobs data today.

No, its popping because the institutions do not have enough of the retail investors in the market... when they get enough new money in, the market will go down, transferring that wealth to the institutions... maybe not until 2014 or even later, but its coming...

OBTW, its also because a dovish new Fed President is coming, keeping QE going (about 8% of the total stock purchases this year) and the Chicago Fed is saying QE needs to be bumped to $1.5T next year (a 26% increase)... This is going to be one heck of a explosion when this bubble pops...
 
Re: h20skier account talk

I am concerned that this taper talk is going to cause a slow downward trend and erode my profits for the year. Thoughts?
 
How are you all seeing 1820? I was thinking about buying in a bit, I am seeing SPX at 1842 on the daily 15 minute chart.
That's just me seeing a false break out of my triangle. But we're still neutral to bullish until the bottom of my triangle fails to hold as support. But it seems the worst things get people think taper will be delayed.:rolleyes: At only 1.72 green this year, I'm really not a financial genius.:embarrest:
 
Re: h20skier account talk

Anyone buying nugget? Seems pretty cheap right now.
I was thinking about buying it when it was around 32 and it kept dropping. Thought about it again when it went to 29 and it kept dropping. Then oleg850 said no and I dropped the idea. Point is, it just keeps dropping and I have no idea for how long.
 
Re: h20skier account talk

I was thinking about buying it when it was around 32 and it kept dropping. Thought about it again when it went to 29 and it kept dropping. Then oleg850 said no and I dropped the idea. Point is, it just keeps dropping and I have no idea for how long.

We need Putin to do something stupid and that will pump up gold prices.
 
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