Market Talk

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teknobucks,

Don't pull out just when the motor is getting warmed up. Let'er roll for awhile. Look at the move sp500 made in 2003-almost 400 points with very little look back. Now look at the 1995 sp500 chart - basically same pattern. The big risk at this stage is being out not being in long. Everybody is watching real estate not the Dow - it would be a classic contrarian manuever. China is killing Europe - they don't know how to compete against them. There is one more Smokey you left out- he surfaced yesterday- thinks May was only a sucker rally.

Anyway I finally hit the target today- may be on my way toward redemption.

permabull#2
 
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Birchtree wrote:
C'mon back to the C and S funds before you are left behind. Take care
I suspect the "I" fund is going to make the next move, although it may not last too long. When it does I also think the "C" and "S" are going to dip. Maybe not a whole lot, but enough to grab some gains in the "I" and then switch back to "C" and "S" for the next ride up.

Sounds easy, huh? LOL!

Hey, I hear ya. As long as the market data says inflation is "under control" I'll play the game. The bondghouls arehelping in this regard. Market has moved too fast at the moment and now that oil is moving up again (it may not last, but who knows) it may be the catalyst that drives the market back down, albeit temporarily. Not to mention the rising dollar (hurts corporate profits).

As long as you don't move all the way up in a couple of days I'll be able to get back on the train. Promise me you'll grab my arm as I'm runningafter the cabooseokay?
 
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Birchtree wrote:
teknobucks,

Don't pull out just when the motor is getting warmed up. Let'er roll for awhile. Look at the move sp500 made in 2003-almost 400 points with very little look back. Now look at the 1995 sp500 chart - basically same pattern. The big risk at this stage is being out not being in long. Everybody is watching real estate not the Dow - it would be a classic contrarian manuever. China is killing Europe - they don't know how to compete against them. There is one more Smokey you left out- he surfaced yesterday- thinks May was only a sucker rally.

Anyway I finally hit the target today- may be on my way toward redemption.

permabull#2
LOL

leave the light on 4 me...going 25 c 25 s cob tomm.

darn thing should pull back soon a bit.....after which i will put the hammer down in c and s till i see another 15-25k.

tekno
 
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Mike wrote:
To me, 3.99% is a very unappealing rate of return for 10 years. Most 10 year periods in the stock market beat that by a large margin.

Even my money market rate has hit 2.7%, and that is a liquid account. :shock:

I just got 3.5 at the bank... so 3.99 is low... but to forgin investors that a good rate comparied to theirs...
Skip:^
20f40c40s
 
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The rise in oil gave me a fright! Figured we would open with a gap down. Seems that Nasy and the Techs are plugging holes to keep the boat afloat. Will cancel my ITF and rely on my 1178 stop. Darn, I wish we had the capability to make immediate transfers. This 1 - 2 day transfer time drives me up a wall. Oh well it could be worse! Quit complaining self!
 
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Today looks more like a breather instaed of the drop I was expecting. If it can hold up tomarrow we may be looking at a significant increase of the next couple of weeks. Market seems more stable then I've seen it in several months.
 
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The Kingdom of TSP

Daily

Market News, Doodles, Tea Leaves & Yak
Date June 2, 2005, Closing


Market News.

News:Well they got Krude in the can, now if they can just find a lid. Market holds momentum, still growing unless Rats kills it off, maybe not. Latest report had lube supplies up.


Doodles and Tea Leaves.

Doodles:
S&P 500 (Index)
Closing at1204.29 up+2.07
CMF (money flow) at0.298, slightly falling.
RSI (strength) at62.7, rising, in midrange.
MACD (trend) at 8.70 up, bullish.

Nymex (Crude oil)
Closing at 53.63 dn -0.97

Tea Leaves: Green


Yak.

Remarks: holding 0/100 (60C, 40S)
stopraised to 1180
 
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Surfing

Hey Tekno seems like ur into surfing channels?

You don't have a good entry point, yet! But, hang in there, one is probably comming up soon!

Rgds :) Spaf
 
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Per Tom's info, the "herd" is now exceedingly bullish while the smart money has turned bearish. :shock:

Perhaps my intuition was correct when I thought the herd was jumping in a couple days ago. :shock:
 
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The Euro really looks troubled. Italy and Gemany may spur the Euro too. If these cracks continue it may cause the whole concept of a common currencyto come apart. I really don't know what to expect at the moment. I see no reason for the "I" fund to go down with itthough.


The funny thing is it might even help the "I" fund.
 
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Well I see DMAis eager to start a new Market Talk thread! I'll check the press room and see if they can get a early Sunday edition.

See ya next week! Rgds, and be careful!
042.gif
Spaf
 
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Spaf need not mean to step on your toes. When I checked this, this morning this thread was closed. So I started a new one. Now it is open again.

:)
 
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