Market Talk

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This is how the funds did last year (2004) on the Friday after Thanksgivings:

C Fund0.08%
S Fund0.21%
I Fund1.02%
 
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Quote from wedesday....

well we pulled back from the high today... broke that 10900 !!!

Dow and Sp 500 trying to catch up with the rest of the market....

Being that my system gave a sell sign today I will pull out a bit friday...
Unless we see more run up.... nice run , if we didn't have the sell off at the end I don't think I would of got a sell ... PS swing system 1177 10/20 in out "1265 "for 7.4% not the 5+% showed due to the delay getting in market.... it will be fridays close for the correct exit... Who knows might stay in....:cool:
See Chart


Well The only incator that I have showing a sell is the swing trade...
SO I have 1 system short and 4 long so Im going to stay 100% in stocks for now....

That's my story and I'm sticking to it for now....

Skip
 
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Mike wrote:
Skip, what are your thoughts on the Nikkei chart posted earlier? What was going on that led to such a bullish run-up without any significant dips? :shock:

I think I read somewhere their monetary policy has a 0% interest rate...
They have been over sold for a long long time.... Nows the time for a upturn...
They also have their work force and cost lean now...

The US market is behine the rest of the world in the bull market so I see a USA upturn to catch up.... we have been in a trading range for awhile and just breaking out... transportation at a ALL TIME high... dow and russell need to catch up to confirm a BULL rally... THe dow is only 30 stocks and with GM off over 50% Thats a big drain on the dow... Even with that we are going higher... Says something about the rest of the dow.... Some have really been moving.... PG is starting to move up after its split 2 years ago.... RealEstae is slowing down and that money is going into the market in other areas.... I say we have a green light and 6 mo out we will be up 10% easy... Of course we will have the dips.... Just trade the trend ... be a little late getting in and a little late getting out ... and you'll make your share of $$$$....
 
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Not to exciting but that’s OK by me. A nice mellow finish to the week would be very welcome. Will head into “town” this afternoon to pick up a few books and check out the “madness”. Been whating to get a Stock Market Almainac fora while.Today's the day.

Short termI have the same concerns that Spaf has about the market going to hard and to fast. I do not have enough experience or time in watching charts but the S&P has had 6 positive days in a row. WOW! I would think there would be a pause or something running from 1227.2 to 1270.6. Nice run though!;)
 
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Going 100% I for Monday. I'm hoping that the recent run-up in the dollar, including a pretty good pop in the dollar today, along with the EU mulling their first rate increase in a while, along with the prospect of rate increases coming to an end on this side of the pond, will all lead to a pull back in the dollar. Anybody care to check that logic?

Thanks,

Dave

<><
 
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Wheels wrote:
Going 100% I for Monday. I'm hoping that the recent run-up in the dollar, including a pretty good pop in the dollar today, along with the EU mulling their first rate increase in a while, along with the prospect of rate increases coming to an end on this side of the pond, will all lead to a pull back in the dollar. Anybody care to check that logic?

Thanks,

Dave

<><
sounds sound..but maybe a little early...dollar looks like it's heading higher, breaking up thru 4 sma and previous 6 day consolidation, has resistance at 92.26 tho. S fund has been creeping up on I fund as well, so given the risk/reward I like the S.

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My concern is that the S has run up a little too fast. I'm worried that when the pull back finally comes, it will be swift. I would like to avoid it. Of course, it might still be a month and a half away.

Dave

<><
 
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Wheels wrote:
Going 100% I for Monday. I'm hoping that the recent run-up in the dollar, including a pretty good pop in the dollar today, along with the EU mulling their first rate increase in a while, along with the prospect of rate increases coming to an end on this side of the pond, will all lead to a pull back in the dollar. Anybody care to check that logic?

Thanks,

Dave

<><

What happens to I fund when they raise their rates ? US markets go down when we raise ours ?
Now if you can get the dollar down the EFA up and a small rate increase you might have a winner... Dollar trading close to 2 year high ... 117 euro It was at 133 early 05?
I got 10% I fund will hold it for awhile...

Skip
 
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DOW staying very close to record.... Might be a bang up day monday as big boys return
to push it over... Its in their interest to do so.... Bears taking the rest of year off...:cool:

Staying the trend.. 1 sell and 4 buys on the system....

See below ... the dot at the end of the swing system is a stop the other 4 systems still show long....
Skip
 
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When the share prices come out tonight, the I-fund will be down 7 cents.
 
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FUTURESTRADER wrote:
Greg wrote:
When the share prices come out tonight, the I-fund will be down 7 cents.
lol greg..ok..tell us how?
You might be on the money again Greg. MSCI was down Nov 24- (0.255%) and Nov 25- (0.156%). Depends what your using for your factoring. I was afraid of 8 cents rounding up, but hoping for5 cents withadjustments considering how wellJapan did today and UK and Germany just finishing a bitlower theirwednesdays' high and up from their lows yesterday. :)
 
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vectorman wrote:
FUTURESTRADER wrote:
Greg wrote:
When the share prices come out tonight, the I-fund will be down 7 cents.
lol greg..ok..tell us how?
You might be on the money again Greg. . :)
The more brutal truth is than when there are more sell than buy orders at COB, the prices are fixed lower as much as legally allowed to do so and when there is more buy than sell orderes, the price is "fixed" up higher.
 
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Greg wrote:
When the share prices come out tonight, the I-fund will be down 7 cents.

Right ON the money!:^


You're usually good at that, Greg. How do you figure it?

Happy Christmas:)
 
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I remember a time back in the late '80s when the Dow and S&P went up for thirteen trading days straight. I wouldn't mind that degree of momentum. Sorry.
 
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Birchtree wrote:
I remember a time back in the late '80s when the Dow and S&P went up for thirteen trading days straight. I wouldn't mind that degree of momentum. Sorry.
I was hoping someone would chime in! We're up to seven now.
 
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The NYSE common only advance/decline line is moving up above trend line tops.

The NYSE cumulative composite advance/decline line is also moving up. All indexes per se are in synch - just waiting on the Dow and for the utilities to reasert. Waiting for a number of back to back 3to1 ratios or even a blow out 4to1 ratio of advances vs declines. This is a time for NO FEAR!!
 
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Birtchtree...
With the fed saying or hinting that the interest rates are going to slow down the utilities will pick up some as their div will be closer to yield... also winter time the utillies will rise....
I own alot on Exelon and its starting to gain back what it loss this year.... 2x since last split...:cool: health care WLP making new high also....Transports new high... What not to like...
If GM bottoms and starts up that will be a blowout week "2006".... its off 50plus% and its a highly weighted dow component...got a couple other dow stocks that need to go.... If you do a scan of all the dow stocks or the sp500 you can see the strength and the long basing that's going on.... Break out ! sounds good... market will take off when the russell 2000 makes its move.. put that in writing.

Pull back when we get one it will be small and fast JMHO ... Look at last years run from
late Oct to dec 31... very little pull back.... also the last 2 pull backs in this run.. short and sweet , interday even..... realestate $$$$ coming in from bubbles across USA and cashing out... Funds are putting that cash in so not to be left out in the run also...
I see alot more good than bad here.....
Big:^ here...

Skip
 
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