justbizness45's Account Talk

[justbizness45]

Quite The Analogy ! We might need to wait and put a couple of coats
on that bad boy, even in April ! But if the S&P500 goes beyond 805 I'm
"In Like Flint" (Movie Reference)

805 which way??:blink::laugh::nuts:

 

[justbizness45]

Ouch!! Another 742K jobs lost vice the 655K estimated. Looking at the futures, Mr. Market is not happy.

http://finance.yahoo.com/news/US-pr...html?sec=topStories&pos=4&asset=TBD&ccode=TBD

 

[justbizness45]

Not looking good for GM today either. Possible bankrupcy by June.

http://finance.yahoo.com/news/Poten...html?sec=topStories&pos=3&asset=TBD&ccode=TBD

 

[Guest2]

805 which way??:laugh:

Does it matter, either direction (805) would be way too late ! :nuts:

 

[justbizness45]

Deflation for Dummies, perfect video to explain deflation even to someone as thick as me. I really like this guys videos. Very informative and easy to understand:

http://www.youtube.com/watch?v=cVaNI_gHK0I

 

[CountryBoy]

Deflation for Dummies, perfect video to explain deflation even to someone as thick as me. I really like this guys videos. Very informative and easy to understand:

http://www.youtube.com/watch?v=cVaNI_gHK0I

Thanks JB,

That was easy to understand and informative.

CB

 

[justbizness45]

This goes against bear market rules, but after CoolHands Seven Sentinels signal and the OMNI video:

http://www.youtube.com/watch?v=i46gxnIDfRI

I am going back in whether today is up or down. 30S/30C/40I (I based on weak dollar) COB today. Wish me luck!! I'm going in...:nuts:

 

[DCguy]

I've been in 100%stock for the last couple of weeks and I see dollar is up, oil is up, and stock's up. Unemployment is up and housing is down. I guess stock has to drop in april..

 

[WorkFE]

Big move there JB45.
I was considering pulling back alittle more today but your move boosted my confidence to stick around alittle longer.

GL

 

[justbizness45]

Incredible interview from PBS with a former investigator from the S&Ls from the 80s:

http://www.pbs.org/moyers/journal/04032009/watch.html

 

[justbizness45]

Decision Moose stayed in gold for another week. Good week wrapup discussion.

http://decisionmoose.com/Moosecalls.html

 

[justbizness45]

Still 30C/30S/30I looking to stay to DOW 8500 if we can get there. May be another day or two of consolidation.

 

[Guest2]

Still 30C/30S/30I looking to stay to DOW 8500 if we can get there. May be another day or two of consolidation.

I Need A Diaper ! :worried:

 

[justbizness45]

Yesterday was a surprise announcement on the banks. Some of that WF profit is probably due to AIG's 100B payout to banks on the CDS mon ey they owed. Get bailed out twice once by the gov & once by AIG, all with taxpayer money. What a deal!! However, being the money grubbing capitalist pig that I am I will take the money from the markets going up. :nuts: Still 30C/30S/40I. Looking for Dow 8500 or so to start selling. Hope it makes it that high. +1.93% which puts me 1.23% ahead of G which is my benchmark for the year.

 

[Boghie]

I think the AutoTracker Thingy Needs an Adjustment...

JB,

I think we should recommend that the AutoTracker should put giant '+' next to any folks getting into positive territory. Maybe a video. Maybe some of the bailout funds. Not to aggravate those still in negative territory - because that has been my home for over a year ( I think I saw a DrudgeReport headline ‘Boghies House of Filth’ a couple of months back: yuk, yuk :toung. Personally, I am above 0 by the slimmest of margins:notrust:

I mean, folks are getting ecstatic about beating the ‘G Fund’. Oh, the humanity!!!

It would be fun.

We need fun.

 

[Birchtree]

The DJIA merely needs to get through 8400 to confirm the SPXs move to a longer-term bullish trend. The bull likes to take as few people on its' back as possible so be prepared for some aggressive shakeouts. When the next Dow Theory buy signal arrives many of the scared retail crowd will start entering the market again at higher highs. Those numbers are DJIA at 9034.69 and DJTA at 3717.26. The Transports are already up nearly 40% since early March.

 

[justbizness45]

Re: I think the AutoTracker Thingy Needs an Adjustment...

JB,

I think we should recommend that the AutoTracker should put giant '+' next to any folks getting into positive territory. Maybe a video. Maybe some of the bailout funds. Not to aggravate those still in negative territory - because that has been my home for over a year ( I think I saw a DrudgeReport headline ‘Boghies House of Filth’ a couple of months back: yuk, yuk :toung. Personally, I am above 0 by the slimmest of margins:notrust:

I mean, folks are getting ecstatic about beating the ‘G Fund’. Oh, the humanity!!!

It would be fun.

We need fun.

I only use the tracker to watch my overall ups and downs. After last year's stomping I think beating G is a valid goal for this year. It's not a viable goal for a bull market but I am not convinced this is more than a over glorified bear market rally. However, a rally is a rally and I will take it as high as it wants to go...:cheesy:

 

[justbizness45]

Decision Moose went from a Gold to Cash signal for the next week. Good write up on the large head and shoulders pattern. Using 666 low as the neckline the second shoulder should peak around the S&P 950's.

http://decisionmoose.com/Moosecalls.html

Still 30C/30S/40I

 

[justbizness45]

If tomorrow is another up day I may start pulling some off the table. I am going to sleep on it. I'm +2.52 for the year and thinking of locking in a few gains. I would like to believe in this market but the banks claiming profits, taking bailouts and not marking down losses anymore doesn't make any sense for running up the financials stock prices.

In my Roth, ETFs DBB and SLV are also making money, the rest is in cash right now waiting for the break down which I feel is still coming. Good luck to all not in the garage, we may need it.:blink: Here's to Birch being right and the rest of us being wrong!!

 

[mick504]

Thanks for posting the Moose website. Very interesting!