Market Talk / Dec. 18 - 24

[Birchtree]

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The Technician,

You just experienced more danger being in the woods hunting than being in this market. You never know who is looking at you via a scope. When I was in New Hampshire the boys from Mass. would come up and shoot our cows - nothing was safe. They used to enjoy shooting out car windshields.

But to retreet - not in my vocabulary - I can't even spell the word correctly. I enjoy this Six Flaggs ride - trying to shake off the weak hands before the next move. Kinda like over the Hollidays - the horses know they will have more to bear on their backs because of all the good food - they will run and then you have to run to catch them.

Enjoy your thoughts, though. Let me know when you see the top down the road.

Dennis

 

[Show-me]

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Birchtree wrote:

You just experienced more danger being in the woods hunting than being in this market. You never know who is looking at you via a scope. When I was in New Hampshire the boys from Mass. would come up and shoot our cows - nothing was safe. They used to enjoy shooting out car windshields.

Sounds like piss poor home training. Sound like "spare the rod spoil the child"might be in play here. Almost everyone here has, not a gun,but guns, with and s,and I can't remember anything like that happening unless you go to the city. Hmmm!

Anyway, Merry Chistmas Dennis.

 

[vectorman]

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Many are saying that the market needs a rest. Well,looking at the SPX chartsince the end of November. The SPX appears to be range bound, but at the same time its been getting a much needed rest. Now its starting to look like a big spring setting up for a big move, maybe up or perhaps down. But in either case, something big isabout to happen. Question is which side will you be on? Risk vs reward.

 

[The_Technician]

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It a matter of upbringing and responsibility right Showme...., apparently the boys in Mass. just didn't have it....and it shows today......within themselves and how they treat their country......to them its just a money making machine....no value other than that....and the doe will taste just great....

Birch, I believe Imetioned we're topped out for now....this new year is a mix of stuff that is unstable....smart thing to do is stay safe and watch closely to determine whether to get in or stay out......

:dude:

 

[Birchtree]

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Talk about staying soft - there is a movie out there called Brokeback Mountain - about a couple of love sick cowboys - it will play well in California. But there have been a few additional titles mentioned because it is a semi-weatern. The first one that comes to mind: How The West Was Hung, next would be The Magnificient Seven Inches, and finally The Good, The Bad and The Fabulous. I know this post will eventually get deleted but that is OK. Gee, I misread the stay safe as soft. My error.

Dennis

 

[vectorman]

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The Technician wrote:

" First paragragh deleted for space', v-man.

Birch, I believe Imetioned we're topped out for now....this new year is a mix of stuff that is unstable....smart thing to do is stay safe and watch closely to determine whether to get in or stay out......

:dude:

For market timers, perhaps; but for those who are long like birchtree, it's hard to go against a three year trend in the SPX. :^

 

[The_Technician]

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No actually I accidently typed soft...don't know how I did it when I wanted safe....you ok Birch....your eyes aren't going bad....

I'm afraid that the 6 inch centered Hollywood boys wanted to attack an "American Man symbol" with that movie, all I see is eveyones disgust with the attempt....everybody seems to understand the motive here....so the 6 inch boys just don't get it....they are weird....its the rest of us who are normal.....and they can't get over it....

I would suggest if anybody has a unstable character for a boss, investigate their background and see it they actually have the credentials (degrees and such) to hold that position....I know my wife years ago had an imposter doing the same at the place of employment.....they lie and cheat their way to position just to change your life.....

:dude:

 

[vectorman]

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Santa is arriving via the DJTA. Hope he doesn't get a " Go around" clearance.

http://bigcharts.marketwatch.com/intchart/frames/frames.asp?symb=DJTA

 

[Show-me]

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Their NOT cowboys, their SHEEP HERDERS!:l

 

[JOVARN]

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http://news.yahoo.com/s/afp/20051222/bs_afp/forexeurope_051222180336

LONDON (AFP) - The dollar slipped against the euro after tame US inflation data cast doubt on the possibility of further increases in US interest rates.

 

[ATCJeff]

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vectorman wrote:

Santa is arriving via the DJTA. Hope he doesn't get a " Go around" clearance.

http://bigcharts.marketwatch.com/intchart/frames/frames.asp?symb=DJTA

No Go-Around but the way this market has been the last few weeks. I say he's been in a holding pattern. Let me see if I can call the boys/girls and see if I can shake him loose. Let Santa fly!

Jeff

 

[Birchtree]

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Will the Fed shut down General Motors by increasing interest rates again. I think the country is starting to feel pain in several areas and that should be a significant signal for them to pause. They have accomplished their goals and now it's time to rest.

 

[The_Technician]

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Hey Birch....I think GM can get money from anywhere.....don't get me wrong....the small caps are going to hurt some.....but GM has alot of room to downsize and still be number one.....

Anytime business costs go up, price increases go to the consumer....with the American consumer on the verge of bankrupcy, I believe we will get a stall out effect and then progress when the markets cool off.....commodities are outrageous and the Americans are getting the shaft with the exporting of lumber and such.....the destablization of exporting is going to make the US look like a junkpile.....some placesalready do .......we're may be one of the poorest countries in the world soon if we continue going in this direction....

:dude:

 

[The_Technician]

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That may have been a beginning to the long awaited St. Nick rally......the way things had been going, it seemed like it was to be overlooked....this morning I thought for sure it wasn't going to transpire and it still may cool off tomorrow....

It may have been a good move to have exited after today, but tomorrow shouldn't be rash and exitif you are in the C and S funds... Monday could be the day to be out of the C and S funds.....all except the I fund...which seems to be well isolated from the US market trends and interest rates at the moment .....

:^

 

[WAVETIMER]

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Birchtree wrote:

Will the Fed shut down General Motors by increasing interest rates again. I think the country is starting to feel pain in several areas and that should be a significant signal for them to pause. They have accomplished their goals and now it's time to rest.

they always overstep the needed actions.

 

[Spaf]

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The Kingdom of TSP

Daily Edition

Market News, Doodles, Tea Leaves & Yak Date: Dec. 22, Closing


Market News.

Kingdom Talk:..Stox advance on good reports, but is the direction naughty or nice.

Train steams north towards overbought territory.

Elsewhere:.......Santa finds gate key. Vestors busy chasing bears!


Doodles and Tea Leaves - Daily.

Doodles:
S&P 500 (Index)
Closed at..................1268.12, up +5.33
CMF (money flow) at.....-0.201, up
RSI (strength) at...........60.9, up
MACD (trend).....bearish
S-STO (signal)....-------
P-SAR (signal)....bearish
ROC (change).....bullish

Light Crude (NYM)
Closed at..............58.28 dn -0.28

Tea Leaves:.....................Yellow.


Yak.

Remarks:.......Holding 100/0
S&P Stops:.....Alert: 1261. Trail: 1249.

Oil Markers:...<64= ok, 64-69= worry, >69= panic.

 

[smine]

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Spaf, you got the share prices from today? TSP page doesn't yet. Anyone else?

 

[mlk_man]

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They may be on vacation already. I wanna update the tracker, but.........guess I'll try to put in my transfer to 100% G now..

 

[Birchtree]

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This year so far, nearly 60 companies in the S&P 500 have cut their number of shares outstanding by at least 4% through buybacks. And in the first nine months of 2005, S&P 500 companies spent $231 billion in buybacks - and the year isn't over yet. An equity market analyst at S&P estimated buybacks will surpass $300 billion for 2005, well above the $197 billion for 2004 and the $131 billion for 2003. I hope they save me some for my purchases in 2006 - I'm getting ready to start pulling the trigger.

 

[vicky]

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Birchtree wrote:

I'm getting ready to start pulling the trigger.

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