Market Talk / Nov. 26 - Dec. 2

[Spaf]

Daily Yak

The Kingdom of TSP
Daily Edition
November 27, 2006 Closing​

Yak, Doodles, Tea Leaves & The Tin Box

Kingdom Yak:
Pro-Yak....................................Well that cured the overbought short term!

Con-Yak...................................A full day of distribution.

Jester-Yak................................Oh, I think this is gonna hurt!

Doodles:
Socks [$SPX] Closed at..............1381.90 dn -19.05
Stops......................................Alert: 1393 (broken). Trail: 1380
Trend (MACD-Hist)....................decreasing at -1.845.
Overbought/sold (S-STO)...........[80] 66.61 [20] decreasing.

Lube (NYM) Closed at.................60.32, up +1.08
Oil Markers...............................<70= ok, 70-75= worry, >75= panic.

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

Tin Box:
TSP........................................Safe; capital preservation.

 

[dell]

Dennis: My appreciation for you is on the decline. I think to avoid any misunderstandings, I am going to skip over your posts from now on.

Regards - Dell

 

[Birchtree]

Dell,

You and Griffin can do as you wish - we've all earned our rights as individuals. Take care.

Dennis - permabull #1

 

[fabijo]

Dennis: My appreciation for you is on the decline.

Did I miss something?

 

[Fivetears]

Nobody told me about the "Black Friday" sale on Lilly Pads.
Y'all are supposed to wrap 'em and wait 'till Christmas to open 'em too.
Man.

 

[Birchtree]

fabijo,

This happens every time when emotions run high on down days. Some become overly irritable and irascible when a bull steps up and makes purchases. I should have kept silent about my buys and if I'd known that jealousy was developing among other participants I would have maintained a greater sense of humility. Well live and learn. Snort.

 

[James48843]

Thrift Line says:

L2040 16.53
L2030 15.86
L2020 15.24
L2010 14.30
L Income 12.64

G Fund 11.66
F Fund 11.16
C Fund: 15.26
S Fund 18.40
I Fund : 21.16

 

[robo]

LowRisk.com

Investor Sentiment Report

11 / 27 / 2006


------------------------------------------------

Below are the results of our weekly "Guess the Dow"
sentiment survey. The survey was taken from Monday 11/20
through Sunday 11/26 on the LowRisk.com web site.

30 day outlook:

27% bullish, 44% previous week
38% bearish, 27% previous week
35% neutral, 29% previous week

(percentages may not sum to 100 due to rounding)

The median guess for the Dow closing value on Friday, 12/8:
12203 (it was 12204 last week).

More complete sentiment data is available at:
http://www.lowrisk.com/sentiment.htm

 

[Birchtree]

Tom asked me yesterday how many stocks I had in my portfolio and I tossed out a number without first checking. I have now counted the stocks and the number remains 190. I'm told that over 15 is over kill but that's just one opinion. I'm always on the hunt for more wall flowers - if we get to a Dow of 17,000 I can only guess my net worth. Who will buy my spoiled babies? I assume that snorting is still allowed in here - Snort.

 

[James48843]

Birch-

Check out OSUR as a long term buy. Do some homework on it and you'll be impressed.

 

[James48843]

I hang my head and just don't understand how strong this market is. After the last two days, I figured we'd be in for a big dump. But it's jut not there. And now I see a lot here, who bailed yesterday (me included) jumping back in on the band wagon.

Things that make you go Hmmm........

 

[sugarandspice]

The Ben & Alan speech-off is about to begin.

 

[Birchtree]

James,

I am impressed. As soon as they get into hepatitis testing they'll be in position for a take over by a larger pharma. Hope you jumped all over it at $6.50. Thanks for the suggestion - when I buy it I'll let you know. Currently priced at $8.26.

 

[weatherweenie]

WASHINGTON (AP) -- Federal Reserve Chairman Ben Bernanke said Tuesday that risks from inflation or a worse-than-expected housing slump could further complicate things for an economy that already is in slowdown mode.

"The deceleration in economic activity currently under way appears to be taking place roughly along the lines envisioned," Bernanke said in his most extensive comments on the economy since the summer. The slowdown in overall activity mostly reflects the housing slump, he said. As the economy cools, inflation also should continue to gradually ease over the next year or so, the Fed chief added.
Yet, "substantial uncertainties" surround the Fed's outlook, Bernanke said in prepared remarks to the National Italian American Foundation in New York.

 

[Brett]

"...Yet, "substantial uncertainties" surround the Fed's outlook, Bernanke said ..." Hey, how do you think the rest of us feel?

 

[sugarandspice]

Dell,

You and Griffin can do as you wish - we've all earned our rights as individuals. Take care.

Dennis - permabull #1

Don't leave Wheels off the apparently growing list.

Quite a fan club your not developing. Huh wonder why?

 

[Birchtree]

I stayed in the closet one time for fifteen years because of what people thought. I'm a Vietnam veteran and I don't do that anymore. I could care less if my fan club is growing. Especially when I consider the overtly negative fans. My talk thread had over 700 views in the last 24 hours - I don't think it's drama but rather good pertinent investing information they're interested in to help them make appropriate decisions. Most are not chasers in the mist. And you will find that I can be petulant at times - but so far politeness is the golden rule. Griffin, how many posts does that make for today?

 

[sugarandspice]

I knew it wouldn't take long to stop the wondering why.

 

[Birchtree]

Now that I can totally understand. I know you secretly....really like me. All the attention is proof. The Technician was the one that made me more aware - I didn't see it initially.

 

[weatherweenie]

Is there any chance that Birch and S&S would start a new thread so this one doesn't get cluttered up with their sniping?