Market Talk / May 14 - 20

Wheels said:
I'll take this one Mlk.

He hasn't been a moderator for quite some time. And he quit, he didn't get fired. He ruffles your feathers because he throws the BS flag on people like you. Judging from the exchange in Fundsurfer's account, everyone is starting to see you the way he and I have seen you from the beginning. Tough break Tech.

Dave
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Maybe just maybe I was on vacation when MM got booted.......I don't know but I was basically off the board for about a month if I remember.....Hmmmmm, musta miss something in 30 days, don't you think...or is that possible for you.....

I'm afraid you don't know what you think.....which makes you're wrong again.....the tough break is coming to you, so lets just keep it at that.....
 
U.S. Markets showing alittle buying in the last hour. NASDAQ and small caps showing a decent bounce off todays' lows, back up above some support. Charts might show a nice candle-stick at COB. Hopefully, Japan will be in the green tonight. U.S. markets waiting for the PPI report tomorrow. Looks like a good place ( for some M3 money to be kicked in) to start the climb back up to retest previous highs.:D

http://www.nasdaq.com/asp/econodayframe.asp?page=http://www.nasdaq.com/econoday/index.html
 
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Tom wrote:
My experience with trends like this has been that, once found, they tend to stop.....

Tom,

Thanks for putting a smile on my face. I'm stuck in Daytona Beach waiting on the boss so we can fly back to Atlanta. LMAO BTW, keep up the good job. I love this site!

Jeff
 
Daily Yak

The Kingdom of TSP
Daily Edition
May 15, 2006 Closing

Yak, Doodles, Tea Leaves & The Tin Box

Kingdom Yak:
Market Yak..............................2 PM I thunk we hit the bottom, Hope it's not a ledge.
Other Yak................................Lube falls under 70 on weak demand.
Jester Yak...............................I thought I was going to faint!

Doodles:
Socks [$SPX] Closed at..............1294.50, up +3.26
Volume (CMF) (money flow).........+0.094, decreasing.
Averages (MACD) (trend)............+1.588, decreasing.
Momentum (S-STO) (signal).........19.76, decreasing.
Strength (RSI) Overbought/sold....[70] 42.45 [30]

Lube (NYM) Closed at..................69.41, dn -2.63
Oil Markers................................<70= ok, 70-75= worry, >75= panic.

Tea Leaves:
Charts & Stuff............................Red

Tin Box:
Position.....................................0% Socks
Stops [$SPX].............................Alert: NA. Trail: NA.
 
The_Technician said:
Seems you tech start stumbled MM.....
http://money.cnn.com/2006/05/15/markets/markets_newyork/index.htm

They are down .8%......:nuts:

Huh? You my tech-nizzle. Don't you start stumblin' on me.........

Techy, you know I don't care what stumbles and what doesn't. The trend is your friend remember? I don't sit in the G fund for 4 years waiting for the sky to fall. Not anymore anyway. I found I can make my own decisions about my future thanks to TSPtalk. I just hope that Gilligan is the only one you've been able to manipulate since you've been here.
 
HEY GUYS, STOP THE CRAP!
LETS TALK BUSINESS INSTEAD OF THIS STUFF! Got a lot of knowledge and talent here. Back in in the 80s I bought a house at an 8% interest rate by buying an existing VA loan. Cost me $4 K down and got a GREAT deal. Interest rates at that time were running about 12% to 13% for a 30 year loan (as high as 16%). I got a great deal. What is the difference now? Prices? WHAT< WHAT!!!!@@!!!:confused: Tell me oh he that knows all__________?
 
nnuut said:
HEY GUYS, STOP THE CRAP!
LETS TALK BUSINESS INSTEAD OF THIS STUFF! Got a lot of knowledge and talent here. Back in in the 80s I bought a house at an 8% interest rate by buying an existing VA loan. Cost me $4 K down and got a GREAT deal. Interest rates at that time were running about 12% to 13% for a 30 year loan (as high as 16%). I got a great deal. What is the difference now? Prices? WHAT< WHAT!!!!@@!!!:confused: Tell me oh he that knows all__________?
Hope ya refinanced last year; I gotta 4.75% Fixed; Non-VA; 15 year note.
...and I just saved big money on my car insurance by switching to GEICO. :D
 
Fivetears said:
...and I just saved big money on my car insurance by switching to GEICO. :D

USAA has better rates. The GEICO lizard is just a spinner.
 
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Looks like FTSE is settling down, and perhaps one more day on the Nikkei before the "I" fund turns around.

I think I'll watch one more day from the safety of "G" fund before moving over to stocks.

Thanks everyone for the panic selling, and making stocks that much cheaper. The fundemental have not changed that much at all. The only thing that has changed is that a lot of the herd ran out the door. Another day or perhaps two and the markets should stabilize and begin their steady march north once again.

My opinion, anyway.
 
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