Market Talk / Nov. 5 - Nov. 11

Sort by newest Sort by date
Daily Yak

The Kingdom of TSP
Daily Edition
November 7, 2006 Closing​

Yak, Doodles, Tea Leaves & The Tin Box

Kingdom Yak:
Pro-Yak....................................These bulls are tenacious!

Con-Yak...................................What happened to sell the news?

Jester-Yak................................Do I feel foolish!

Doodles:
Socks [$SPX] Closed at..............1382.84, up +3.06
Stops......................................Alert: 1376. Trail: 1363
Trend (MACD-Hist)....................increasing at -1.570.
Overbought/sold (S-STO)...........[80] 55.22 [20] increasing.

Lube (NYM) Closed at.................58.93, dn -1.09
Oil Markers...............................<70= ok, 70-75= worry, >75= panic.

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

Tin Box:
TSP........................................Safe; capital preservation.
 
Re: Daily Yak

Spaf said:
The Kingdom of TSP ​


Daily Edition
November 7, 2006 Closing​

Yak, Doodles, Tea Leaves & The Tin Box

Kingdom Yak:
Pro-Yak....................................These bulls are tenacious!

Con-Yak...................................What happened to sell the news?

Jester-Yak................................Do I feel foolish!

Doodles:
Socks [$SPX] Closed at..............1382.84, up +3.06
Stops......................................Alert: 1376. Trail: 1363
Trend (MACD-Hist)....................increasing at -1.570.
Overbought/sold (S-STO)...........[80] 55.22 [20] increasing.

Lube (NYM) Closed at.................58.93, dn -1.09
Oil Markers...............................<70= ok, 70-75= worry, >75= panic.

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

Tin Box:
TSP........................................Safe; capital preservation.
Click to expand...

Are there some instructions to interpet this?:confused:
 
Runningfool, VirginiaBob,
Yes,
Pro = bulls, Con = bears, and Jester = professionals. Doodles are the S&P 500 chart for the day. Lube is crude [NYMEX]. Tea Leaves are a summation of risk reward from a conservative point of view. Tin Box is my allocation in crypt while following Rev Shark.
:cheesy: :nuts: :cheesy:
 
The Kingdom of TSP

Editorial
At one time I had investments with a leading mutual fund company and with TSP. Year after year we did great. The 1990's were great years, buy this buy that!

Then 2000 came about, The NSAD bubble burst!.......silence.......woops we're falling........silence.......silence........The last word I heard from advisors with F......y I........s was Don't you understand the Dow Theory, maybe we can recover in 7 years! TSP said nada!

Great advice!
Ouch!
OW!
Wow!
Dang!
Ekk!
Stop-it!
Woops!
Gesus!
Help!
You [bleep]!
I'm dieing!
Gasp!
...................

I came to the conclusion that this is BS. If you can't personally manage your accounts then buy a CD!

As the raven says........ Never more!
 
Very nicely put Spaf; as always.
Take note one and all. If you want a job done right... Do it yourself. :)
Better yet... think of the Home Depot motto.
You can do it... We can help.
Spaf said:
If you can't personally manage your accounts then buy a CD! As the raven says........ Never more!
Click to expand...
 
...and here's the Kingdoms Four Horseman explained by the honorable Spaf (back in February '06) folks; great picture too. :)
http://www.tsptalk.com/mb/showpost.php?p=38622&postcount=7
Spaf said:
Runningfool, VirginiaBob,
Yes,
Pro = bulls, Con = bears, and Jester = professionals. Doodles are the S&P 500 chart for the day. Lube is crude [NYMEX]. Tea Leaves are a summation of risk reward from a conservative point of view. Tin Box is my allocation in crypt while following Rev Shark.
:cheesy: :nuts: :cheesy:
Click to expand...
 
08:30 ET Dow , Nasdaq , S&P : [BRIEFING.COM] S&P futures vs fair value: -4.1. Nasdaq futures vs fair value: -6.8. The S&P 500 and Nasdaq 100 futures have improved since the last update but are still trading well below fair value. While there are no scheduled economic reports to potentially rattle the market, emptiness on the economic and earnings calendars places even more of an emphasis on political uncertainty. As a result, early weakness can also be attributed to a belief that some influential leadership groups, namely drug, defense, and energy, will fare worse under a Democratic-controlled Congress. Nasdaq at... NYSE Adv/Dec 0/0... Nasdaq Adv/Dec 0/0.
 
Looks like this morning wall street is not as spooked as they were a couple hours ago.
Sell on the news? Perhaps, but I still think we've got upside ahead.
 
09:00 ET Dow , Nasdaq , S&P Still shaping up to be a lower start for equities as buyers remain on the sidelines waiting to see how the close Senate races in Montana and Virginia will finally play out. As a result, with the Dow hitting an intraday record high yesterday, along with major indices all over the world -- from London's FTSE 100 to Hong Kong's Hang Seng -- hitting multi-year highs Tuesday, diminishing hopes of a divided U.S. Congress continues to invite some early profit taking. Nasdaq at... NYSE Adv/Dec 0/0... Nasdaq Adv/Dec 0/0.
 
That would be a dagger for the bears. It could trigger the capitulation we've been looking for (bears finally give up). If the market can hold this bounce that's one thing and the bears will suffer (those that don't capitulate). But if the bounce fades later today, I think it could have been the capitulation.

Do I sound like a desparate bear? Because I am. :o :)
 
You must log in or register to reply here.

Similar threads

tsptalk
  • Article Article
TSP Talk - Did the jobs report break the market?
Replies
0
Views
866
tsptalk
tsptalk
tsptalk
  • Article Article
TSP Talk - Fed still hawkish - market still volatile
Replies
0
Views
613
tsptalk
tsptalk
tsptalk
  • Article Article
TSP Talk - CPI was warm, but maybe not as bad as expected
Replies
0
Views
708
tsptalk
tsptalk
tsptalk
  • Article Article
TSP Talk: Stocks mixed heading into Wednesday's CPI report
Replies
0
Views
394
tsptalk
tsptalk
tsptalk
  • Article Article
TSP Talk: The bear market faces positive holiday bias
Replies
0
Views
410
tsptalk
tsptalk
Back
Top