Market Talk / Dec. 4 - 10

[The_Technician]

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Anybody think we're in for a 10% run on the S fund before eoy.....??? It sure looks like it.....question is then is......could we be in for a FOC meeting without an interest rate increase....????

:dude:

 

[ATCJeff]

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Birchtree wrote:

Robo,

You cut the trail on point, I'll follow. We are in a nice bull market - a slice Tuesday when the market Dow was up 83 points intraday is a sample of what is coming. There were many new all time highs being set in several important indices (indexs) and once this small selling is complete off we go to over 11,940 and then more money will start to enter - I suggest hang on for dear life. This could be really fun.

Dennis-perma bull #2

Sign me up also, I'll take point when Robo needs a break. I'm in till after Christmas!

Jeff

 

[Show-me]

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Just received my new Stock Trader’s Almanac! Very interesting to read and has a nice calendar to write notes on. It reminded me of two things.

1.) January’s First Five Days rule with a 85.7% accuracy. 2.) The January Barometer with a 90.9% accuracy. Basically how goes the first five days in January and January as a whole is how the market for the year goes. Ugh!

Also of interest is the Midterm Election years, which is 2006. Midterm election years are suppose to be the bottom of the market before a bull run. Since 1914, 23 midterm election years. Of those 23 only 6 did not bottom accordingly. They are 1918, 1922, 1930, 1954,1958, and 1986.

Good luck!:^

 

[Greg]

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Show-me wrote:

Just received my new Stock Trader’s Almanac!

Where's that best place for a fellow to get one of those?

 

[Show-me]

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Greg wrote:

Show-me wrote:

Just received my new Stock Trader’s Almanac!

Where's that best place for a fellow to get one of those?

I bought mine at Amazon.com. Tom has some sort of deal if we buy through Amazon but I could not find a link.

Tom, if you could get it in a more visible place I/we could use it more.

 

[Shaggy]

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Go to "Recommended Reading" board. It's the first topic.

 

[Spaf]

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The Kingdom of TSP

Daily Edition

Market News, Doodles, Tea Leaves & Yak Date: Dec. 08, Closing


Market News.

Kingdom Talk:. Market oscillates - hanging tough with pricing. Bear movement could be a small bear (a cub). RSI is cooling overbought conditions. Can the economy keep the firebox charged or will worries about energy, earning and the like keep the train at the station?

Oil climbs above $60 on supply worries.

Elsewhere:.......Whispers that Santa could re-opening bear chasing season!Huh?


Doodles and Tea Leaves - Daily.

Doodles:
S&P 500 (Index)
Closed at..................1255.84, dn -1.53
CMF (money flow) at.....+0.115, dn
RSI (strength) at...........58.2, dn
MACD (trend).....bearish
S-STO (signal)....bearish
P-SAR (signal)....bullish
ROC (change).....neutral

Light Crude (NYM)
Closed at..............60.66 up +1.45

Tea Leaves:.....................Red.


Yak.

Remarks:.......Holding 100/0
S&P Stops:.....Alert: 1256 [broken]. Trail: 1244.

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

 

[vicky]

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Show-me wrote:

Just received my new Stock Trader’s Almanac! Very interesting to read and has a nice calendar to write notes on.

Show-me,

What's the title and publisher of the Almanac you bought?

vicky

 

[Show-me]

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vicky wrote:

Show-me wrote:

Just received my new Stock Trader’s Almanac! Very interesting to read and has a nice calendar to write notes on.

Show-me,

What's the title and publisher of the Almanac you bought?

vicky

Stock Trader's Almanac 2006 (Spiral-bound), by Yale Hirsch, Jeffrey A. Hirsh

Publisher is Wiley I think.

 

[Soldat]

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It appears to me that we are steaming uphill, yet again! The "smart money" was buying at the end of today which bodes well for the coming 1-3 business days! Here we come santa!

 

[Birchtree]

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Looks like we are slowly stair stepping our way to higher levels - the bull is still intact from my perspective. The rally the other day in the Treasury-bond market could be suggesting that the Federal Reserve, which meets Tuesday, could send a clear signal that policymakers will stop raising interest rates sooner rather than later. If so, that would be a boon for stocks next week.

To jittery investors, higher energy prices and a cooling housing market mean bad news for consumer spending. With a few weeks to go before Christmas, that could mean doom for the hoped-for Santa Claus rally, but I don't think so. For those of us who have made big bets that stocks would continue to surge in December could take a hit if the run-up is over, but I don't think so. There is much performance anxiety out there with 8,000 hedge funds chasing performance and some active traders got trapped anticipating a breakout but all will end well - I have confidence.

Watching the NYSE breadth MCSUM which is now at the +250 level, any move above that level will continue to support the idea a bull market is still going on, so next week or so will provide some additional longer term information regarding the longevity of the current advancing price structure. Every day all the way.

Dennis

 

[Soldat]

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Birchman, I am with you ALL THE WAY. Tonight is YOUR night, ANYTHING from the dollar menu...

 

[teknobucks]

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The Technician wrote:

Anybody think we're in for a 10% run on the S fund before eoy.....??? It sure looks like it.....question is then is......could we be in for a FOC meeting without an interest rate increase....????

:dude:

boy oh boy have times changed...the technician Boulish WOW.

last time i was here u were flying the hindenburgaround a hurricane.

dennis must of won u over...good 4 him and you :u

i'm happy 4 ya!!!

g/l

tekno

 

[teknobucks]

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Birchtree wrote:

Looks like we are slowly stair stepping our way to higher levels - the bull is still intact from my perspective. The rally the other day in the Treasury-bond market could be suggesting that the Federal Reserve, which meets Tuesday, could send a clear signal that policymakers will stop raising interest rates sooner rather than later. If so, that would be a boon for stocks next week.

To jittery investors, higher energy prices and a cooling housing market mean bad news for consumer spending. With a few weeks to go before Christmas, that could mean doom for the hoped-for Santa Claus rally, but I don't think so. For those of us who have made big bets that stocks would continue to surge in December could take a hit if the run-up is over, but I don't think so. There is much performance anxiety out there with 8,000 hedge funds chasing performance and some active traders got trapped anticipating a breakout but all will end well - I have confidence.

Watching the NYSE breadth MCSUM which is now at the +250 level, any move above that level will continue to support the idea a bull market is still going on, so next week or so will provide some additional longer term information regarding the longevity of the current advancing price structure. Every day all the way.

Dennis

dennis as u can see u have been right all along....that c fund will end the yearin nice shape.

look at that I for next year buddy

happy holidays

tekno

 

[bkrownd]

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The Technician wrote:

could we be in for a FOC meeting without an interest rate increase....????

Not a chance.

 

[Birchtree]

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teknobucks,

Hey #1 hope you can stay around so my education can continue.

See my coments to high-fidelity on house flooding regarding the I fund. Today.

And I'll say to you - Airborne All The Way - you've probably been hearing that lately.

The Technician and I seem to have formed an unspoken alliance to defend against the practice of infiltration by a maniacal Medusa with multiple aliases. I think I need to rent a larger hall when I plan the next golden praise party.

Dennis-perma bull #2

 

[The_Technician]

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Hey there tekx$'s.....yeah, I saw this shift to the bullish side when the oil decided to cool off.....Birch thinks we're going to 40,000 on the DOW.....so do other market analysis......he must read them articles too.....:x......me thinks the US will be back in the game of world economics just by the recent moves of the dollar and such.....I can't see how we can keep buying from the world when we run out of money.....

In any case, where u been hard head..:l....hope the Hurricanes treated you well....

:dude:

 

[Spaf]

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Week ending! Closing out! See Ya on the other side!

Spaf