Market Talk

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Hey Dr_D!

We still watching the market??

That Dow opened at 10812, went up :}to 10869, slid down :{that oil patch all the way to 10767, now coming back up :}again. Thats a 102 point oscillation, all in one day. Wow! Closed at 10833. Thats like traveling to the next town just to buy a stick of gum! Probably, need to spend more time on weekly charts!

Watching these daily fluctuations can really knock one on their backsides!!
 
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The charts do not matter. All the traders are worried about oil. It is oil, oil, oil.

Does not matter what the job report is now - that is secondary. The focus is on oil. Also tech mutual fund inflows were down again. Once again I have no idea how the indexes are holding up the internals (guts) are breaking down.

My belief the M&A stuff will start showing up here mosh cosh. We have had record M&A four months in a row. That means lots of firings/layoffs. SBC was like 13K, G (was 8%), MCI 3K, etc, etc, etc. I have 160-180 on the job report.

Everything worked for me today.I "want" to take a break tomorrow. But knowing my greedy capilist ass I will be on the wheel again tomorrow.Just out of habit I been shorting Nikkie crap-like autopilot.I feel like the guy from the Capital Onecommerical (I am debt up to my eye ballsone) - SOMEBODY HELP ME. Ha ha. Researching shorts on our Euroland friends. All ways love scooping their coinage. Come to America to shop because we are a bluelight special to them - 50% off.

I hate this market you have to be like a hawk watching a two pound rodent. If you look away your meal "livelhood" will go down a black hole.

In TSP there is not force that will move me out of G fund now. I want the oil charts to come back to this universe first. Look like one of the great pyramids. They are trading like .doc stocks. Good thing I was lucky and picked some good ones. I just let em go up 5%, trim,5% trim, 5% trim. Sorry Spaf. I am clueless. I had to grind out .02 in I fund. To much work and worry for .02 for me. However oil is coming down in the futures. If you call above $54 down. Have a great friday. I would just wait it out in G. Hopefully we get a .01 again. Tomorrow is the 5th day. When I am happy with .01 - that means a lot. I am very, very greedy :D.
 
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Just wanted to throwout the last four or five first trading days of the weekin a row wre kind of ugly. Until that pattern is broken I will heed the pattern. The first time you guess it will be broken is when you get shark attacked. I would let the pattern break first because more then likely the next first trading day of the following week will be up also. Everything balances themselves out. The 14th is expiration Monday. That is historically a VERY strong day. I will be taking a 100% bet on that day. However, since everyone knows about it....***theme from jaws here***

Sort of like the January effect (first week of Jan being strong). I will really look at that and see if that is something to avoid. December 28 I got that gut check feeling and went to G fund. My gut is kind of getting a twinge (that could be hunger too :%).

Will post in my account my thoughts. However everyone knows about the expiration Monday being a strong day. Hmmm. There be no sure bets in this casino. Have a good day Spaffer.
 
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See ya Dr_D

I'm going home this weekend and won't be back till Monday PM.

The office discrimination is really getting to me. Caused me personal injury and illness: so bailing for the weekend.

Please start the new thread for next week (Thanks).

I told "Grandma" I'd be 50-50. But, after consideration, I'll stay for the Friday report, but the PM will put me totally in the G-fund, unless there is considered improvement.

Sold all holdings except for energy and Lrg caps. Will monitor Lrg caps in AM, if down I'll take profit and run. If up, I may also take profits and sell! Energy sectors have been running on all 8-cylinders, so if oil keeps up, hey, why jump off the wagon.

This is one of my issues of investing in TSP, it can be good (at times). However, diversification into direct brokers has advantages (and yes disadvantage too). At least I can get in and out of Dodge on theclick of a mouse, and there is research and advice galor!

Both investment areas have been good so far. The main thing is like TspTalk (Tom) suggest; being informed is to your advantage.

Well, enough said. See you guys and gals on Monday PM. May it be green!

Rgds!
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Spaf
 
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Spaf wrote:
See ya Dr_D

Please start the new thread for next week (Thanks).

I told "Grandma" I'd be 50-50. But, after consideration, I'll stay for the Friday report, but the PM will put me totally in the G-fund, unless there is considered improvement.
Well, enough said. See you guys and gals on Monday PM. May it be green!

Rgds!
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Spaf
Have a good weekend. Got ya covered. God speed - GOODSPEED - The Rock.

Please have Grandma PM me. I really just state jiverish on the general board. But YA all know that all ready huh? Hope you are in the green.

Be safe and give your family a hug for us.

:D
 
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WOW! Markets are off and running! Why did the USD index flux so much and then go weak? Strong market = strong Dollar? What happened? Anyone?

Good luck today!:^
 
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Question is the job report was so great...why did the unemployment go up 2 tens of a percent???

Really folks - I have no idea what is going on.

Strong job report - Strong Dollar - long term yield go up (Even Greenie know when the long term yields goes up that means a stronger economy) - unemployment rate goes DOWN not UP.

Yet the dollar got beaten like a step child, the long term yields are getting crushed and the unemployment rate went UP:*.

Anyone have any thoughts?
 
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I'm not an expert, but here is what I've read:

Unemployment rate is based on the number of people looking for work. So, when things begin to pick up, the unemployment rate can actually increase as more people actively seek work (as opposed to not even looking because the job market is too bad).

As for the dollar, apparently many who are "in the know" expected even higher job creation numbers, as high as 400,000. For these people, the actual number was disappointing. Don't know if that's true, but it's on CNN:

http://money.cnn.com/2005/03/04/markets/bondcenter/bonds/index.htm
 
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Thank you for the post neighbor

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

Great Market Comments Tom. I found this most of interest:

If the market did cartwheels for the jobs report and closed higher by 0.5% or more, there was only a 33% chance that is was still higher 30 days later.

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

That works into my thesis that the next fed tightening will invert the yield curve and cause massive selling of longer term bonds in order to achieve higher yields with less risk and duration by holding shorter term bonds.

If Mr Bubbles had a soul he would be worried right now. I know I am.

Something is fixing to break. Next FOMC is at the end of the month.
 
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Ok, Ithought there was a chance for this and moved in a toe Wed morning for Thu. Did not get the fall I wanted Wed or the climb I wanted Thu. However, left the little toe in the market and got the climb Fri. I pulled out Fri Morning for Monday. If I get the fall Mon morning then I will put the foot in. Perhaps even if I don't get the fall. My new game plan, will be if I am over-all bullish and I see or believe the market will fall on a day, I will watch when I can to 1045 hours local or 1545 Zulu and make my move in to the market. I have been playing with the little toe with some luck. Now it is time to play footsy. lol :^ See prevous post for what I have been doing if of intrest. Good luck to all and take care.:)
 
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Learning good post. Glad you racked some coinage in.



****THIS WEEK CLOSED OUT PLEASE USE MAR 7-11*****

:D
 
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Dr_Dubious wrote:
Learning good post. Glad you racked some coinage in.



****THIS WEEK CLOSED OUT PLEASE USE MAR 7-11*****

:D
I see I was right..............
 
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