Market Talk Page

[Guest]

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Great link Coolhand. About an hour ago!!!!!!

Ha ha. Have a safe travel. Darn, now all weekend I will worry about the 50% moving to I to be sent to cyberspace called "Lost Hopes and Dreams".

 

[coolhand]

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Dr. D

I wouldn't worry too much about the "I" fund as it has not been nearly as volatile as the "C" or "S" (generally speaking). The dollar trend is down imho. Of course on a one day move anything can happen.

Did'ja see my link concerning corporate profitsvs market reaction? Good read.

 

[coolhand]

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EAFEnow at 1.09%! "C" and "S" hovering around .7%.

Hey System Trader! Great move on your part to go 100% "I"! :^

 

[Guest]

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coolhand wrote:

Well...maybe "spiking" is a bit strong. Let's just say it is moving lower, but keep a watchful eye out.

You were right that was a spike. My foreign currency holds are screaming. Kiwi up 2%, Pound up .75, Oz up about 1%, etc, etc. That be a spike. 3.8% was sure good enough for the U.S. side. What is the deal? There is a big disconnect here. Wonder who is going to win the battle. More then likely it WILL NOT be the I fund on Monday. Darn! Need to find me a stranger or three this weekend.

 

[Guest]

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coolhand wrote:

Did'ja see my link concerning corporate profitsvs market reaction? Good read.

Yes good read and great post, TA. I am going to be bleeding read on my move on Monday. I can see that now.

The internationals did not like the 3.8% GDP report. The U.S. market is actually kind of europhic and not an investment at this point. That is why you have your self spread out (investment wise). One bad report could spark another good sell off. Not sure what is keeping it up (damn it Jim) at this point.

 

[Guest]

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Now the U.S. markets are starting to head south. That is it. Going to pack it in and "hope" for the best. I really, really, really, really hate the noon cut off for transfers. Really. Have a great weekend, all.

 

[Spaf]

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coolhand wrote:

Spaf wrote:

But, now is that breakfast I smell?

For you or the sharks?

Wouldn't you know it. as soon as I get ready to get in the water coolhand has to go and mention shark!

 

[coolhand]

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Dr_Dubious wrote:

coolhand wrote:

Did'ja see my link concerning corporate profitsvs market reaction? Good read.

Yes good read and great post, TA. I am going to be bleeding read on my move on Monday. I can see that now.

The internationals did not like the 3.8% GDP report. The U.S. market is actually kind of europhic and not an investment at this point. That is why you have your self spread out (investment wise). One bad report could spark another good sell off. Seems to be the case.

Not sure what is keeping it up (damn it Jim) at this point.

That's what I keep asking myself. It's a game of cat and mouse.

 

[TEUFEL HUNDEN]

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saraho wrote:

I love your new pic, MT. *LOL* It's so you.

Notice how he changed it back?

Why would someone who is not the real MT know what your are talking about?

anyway,

TEUFEL HUNDEN wrote:

I went 35 30 35 CSI Maybe this will equal things out, or I could have went 100% G. I would rather have the shares in something else though.

I changed this IFT just in time. "whew" Still at 100% I.

BE CARELESS and good luck! LOL

 

[coolhand]

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Spaf wrote:

coolhand wrote:

Spaf wrote:

But, now is that breakfast I smell?

For you or the sharks?

Wouldn't you know it. as soon as I get ready to get in the water coolhand has to go and mention shark!

Well,you did leave yourself open for that one. I just couldn't help myself. :l

This may help... http://tinyurl.com/4ymvp

 

[vectorman]

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Is this what they call a cup and handle form?

 

[learning]

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Spaf wrote:

learning wrote:

Fed Minutes being released? Did you notice anything about the timing of the market in January going down with the first release of the early minutes?

Interest rates, and inflation can be upsetting to the market. When was the first reelease? When will be the second?

Rgds, Spaf

Sorry so long to respond. No, net on any of the trees yet.



Well the minustes were released if I recall on the fist day of trading in Jan. Then wed of this last week. Market took off. I was G. My wife called me and let me know about the Fall Tuesday so I put 1% in C fund for a lark through her. Got out at close of Friday. Trying to watch for big falls and jump in. Big climbs and try a jump out. See what this does. 1 extra percent in or out wont hurt me. It will alow me to track an idea a little easier. Check my accounts at the end of the week and see how they do. Im happy today. No real money risked so no real money made. Just seeing if any timing can be done with any regularity or not. If so then a day after big drop transfer more in . Day after big gain I will stay for hopes of a bull. I will only do this with 1 percent. The other 99 percent will be moved for mid to long term play. I suspect we have found a bull and someone shot a bear, Thats one poacher I will leave alone.

 

[tsptalk]

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vectorman wrote:

Is this what they call a cup and handle form?

It's starting to look like one.

 

[Ragin Cajun]

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Hey Mike,

My concern is that this Pope is among the most influential leaders in the last half of the 20th century, and that includes Reagan, Gorbechev and whoever elsewe can throw up there. In fact, one could argue that he was quietly responsible (to some extent) for the fall of communism in Eastern Europe.



All I'm saying is that once the Pope dies or resigns, there maybe weeks of uncertainty on who will lead the Catholic church. All Christians (40% of the world's population) will have some interest in that selection. If you don't believe me, wait till it happens and turn on CNN. I vaguely remember back in the late 70s when this Pope was picked....it was a BIG DEAL.

It's no secret the Markets don't like uncertainty. You may be right, but I think it will be bad, albeit short term.

Rajun Cajun

 

[Spaf]

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coolhand wrote:

Spaf wrote:

coolhand wrote:

Spaf wrote:

But, now is that breakfast I smell?

For you or the sharks?

Wouldn't you know it. as soon as I get ready to get in the water coolhand has to go and mention shark!

Well,you did leave yourself open for that one. I just couldn't help myself. :l

This may help... http://tinyurl.com/4ymvp

Coolhand.....I got your shark repellent!........

 

[Spaf]

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Interesting PM

The market kind of scared me near closing. From the S&P it looked like it might exceed our December 30, 2004higher high of 1213.55, and run off the runway. It was coming in too hot. But it corrected, lowered some flaps, decended and pegged it right on the numbers.

Thank goodness it stopped at 1211.37. 2.18 points short. That's just about perfect. Couldn't have made a better landing myself. Real proud of that S&P.

Yes sir, that was some set up action at closing. It gives those investors plenty of time to raid their mattress.

Rgds, and be careful (or not)! Spaf

 

[Mike]

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If we don't break through, we're looking at a neutral trading range (compared with last year's downward one). This is the second time we've hit this 1210 area on the S&P.

The S fund still hasn't come back to its high point yet. The I fund has made yet another one. :shock:

I'll be looking to buy on the next major dip and play this with a short term mentality (unless we break past the December high).

 

[Spaf]

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Mike..... If the S&P exceeded 1213 at close today, the breakout would have not been strong. 2 points shy gives investors time to get their money for Monday. If we get a breakout to the upside we want to see the resistance zone of 1213 violated by a significant amount. We want to see the stock trade through the resistance zone on a much higher volume than the average i.e., today. The more volume the better! A breakout gap would be iceing on the cake.
Boy I love this market. Can't wait till Monday opening. Go S&P!!

With football season over, I got to root for something!

Rgds Spaf

 

[Spaf]

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Fridays Close In the shadow of another bull Maybe

Stocks rallied for a third day Friday to end at a high for the year. For the S&P the weekly gains went from 1184 to Fridays close at 1211, just 2 points below the December higher high of 1213.

2 points and a breakout, thats how close we are. Will it fly :}or fizzle :{?

Themoney flow CMF indicator was as strong as its been since last November.

Moving averages (PPO,MACD) arecrossing to bullish.

Strength by the RSI was at 60: bullish, not overbought or oversold.

Here's hoping that the buyers show up on Monday morning with plenty of money! If so we can erase that maybe! We got to get out of this trading range. I'm getting tired of having whipsaws for breakfast, lunch, and supper. And I like the G-fund, but it is so boring. There ain't no sharks in that pool. We got the makings for a good old steak, just 2 points and a breakout!

Rgds Spaf

 

[cowboy]

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I think if the market is going to jump over the December highs than it has to back up a bit to make the leap. Three strong straight up days and it should rest or hold on Monday.