Market Talk / July 2 - 8

[Wheels]

It does sound like the same old story.

Not that I agree with Wizard but your story never changes either.

Dave
<><

 

[Wizard]

Not that I agree with Wizard but your story never changes either.

Dave
<><

Reality is just to tough to grasp when it does not play into the permabullish scenario. Another Kudlow/Cramer/Abbey Joseph Cohen brainwashed viewer.

Notice that Miller guy he was touting does not post at safehaven anymore. That is because he was consistently calling the market WRONG.

Skypilot and Milky really add a lot to the board too. Like two clingon yes men. Yes sir!

 

[Wizard]

Hope you enjoyed your low volume start of the month pump because you will get a dose of reality tomorrow. :nuts:

:embarrest:

 

[Wheels]

Skypilot and Milky really add a lot to the board too.

Now isn't that the pot calling the kettle black.

Dave
<><

 

[James48843]

Alright boys- let's keep on topic.

What do you all think? I'm considering going 100% "G" today- because of market reaction. Is this just a one day down, or will it ride a few days?

What do you think?

 

[Wizard]

Now isn't that the pot calling the kettle black.

Dave
<><

Hope you enjoyed your low volume start of the month pump because you will get a dose of reality tomorrow.

Hmm. Did you get all excited about the end of quarter mark up/start of the month rally too?

:blink:

 

[Wheels]

Alright boys- let's keep on topic.

What do you all think? I'm considering going 100% "G" today- because of market reaction. Is this just a one day down, or will it ride a few days?

What do you think?

Good question? I'd like to hear from Tom on this one (although he won't likely see this in time to help me with a pre-noon move) Can a heavily overbought market (as reported in today's market comments) be fully corrected with a one day washout like this?

I'm seriously considering jumping back into the S to catch a bounce off this.

Dave
<><

 

[Wizard]

Alright boys- let's keep on topic.

What do you all think? I'm considering going 100% "G" today- because of market reaction. Is this just a one day down, or will it ride a few days?

What do you think?

It is all hinges on the job report on Friday.

Tommorrow will be low volume and the move will be based off the Petro Report at 1030. After lunch no volume just waiting for 830 Friday morning.

 

[Wheels]

Hmm. Did you get all excited about the end of quarter mark up/start of the month rally too?

:blink:

No I didn't. That's why I am in the G fund today. But I do believe that after a choppy summer, we can have a soft landing and we can move higher by year's end. Nothing in the markets is ever as absolute as you and Birch make them out to be.

Dave
<><

 

[Wizard]

No I didn't. That's why I am in the G fund today. But I do believe that after a choppy summer, we can have a soft landing and we can move higher by year's end. Nothing in the markets is ever as absolute as you and Birch make them out to be.

Dave
<><

I am shorter then a circus midget. TSP has to many restrictions.

G fund suits me fine - and of course the general loan at 4.5% that I can use to carry trade with.

 

[James48843]

Too much risk for me today.

I'll go to 100% "G".

We had a nice run up the last couple weeks, and I'm still ahead of where I was before, even with the 2% + declines seen in "I" and "S" today.

Going to lock on and wait till the picture is clearer.

 

[tsptalk]

Good question? I'd like to hear from Tom on this one (although he won't likely see this in time to help me with a pre-noon move) Can a heavily overbought market (as reported in today's market comments) be fully corrected with a one day washout like this?

I'm seriously considering jumping back into the S to catch a bounce off this.

Dave
<><

This is looking like a Monday (OK, Wednesday) morning emotional reaction to some bad news. Quick profit taking, that will shake out the weak bulls. I'm not convinced this won't be a short term decline, although I can still see a slow move down to the 1220 by late summer/early fall.

I have to admit it has my attention. I'll be curious to see if there is any late buying today. The smart money OEX put/call options traders have actually gotten more bearish leading up to today. I wonder if they'll be buying more puts or move to calls with this weakness? I'll keep an eye on that.

Tom

 

[The_Technician]

No I didn't. That's why I am in the G fund today. But I do believe that after a choppy summer, we can have a soft landing and we can move higher by year's end. Nothing in the markets is ever as absolute as you and Birch make them out to be.

Dave
<><

Personally Dave, I know your'e looking more positively, but I'm seeing a lower eoy....but we haven't gotten there yet....its still up in the air....

 

[SkyPilot]

G fund suits me fine

Really? Where's that allocation posted? Didn't think so...

 

[Wizard]

Really? Where's that allocation posted? Didn't think so...

In my account thread.

Let me guess? Just shooting from the hip again?

Making statements without doing any research and passing them off as facts.

 

[mlk_man]

Skypilot and Milky really add a lot to the board too.

Thank you! I do try..........

 

[Wheels]

Personally Dave, I know your'e looking more positively, but I'm seeing a lower eoy....but we haven't gotten there yet....its still up in the air....

Note I said can both times. Clearly slower growth and inflation are risks. Or worse, both, leading to stagflation. If it goes that way I'll get defensive real fast.

Dave
<><

 

[SkyPilot]

Wizzy

Yes, you have quit posting as of January...

Yu Da Hipster

 

[mlk_man]

:embarrest:

You said that quote on Monday. Did you have something to do with those missle launches? Hmmmmmmmm

 

[mlk_man]

Good question? I'd like to hear from Tom on this one (although he won't likely see this in time to help me with a pre-noon move) Can a heavily overbought market (as reported in today's market comments) be fully corrected with a one day washout like this?

I'm seriously considering jumping back into the S to catch a bounce off this.

Dave
<><

What I'm planning to do.