Market Talk

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Yes, the trees are still alive and well.:P

How do you see the presidential inaugration and the market? I believe that it would help. The problem is this. Iraq well be having an election. They will attack to ruin it. This may hurt the market. If the election goes well, I suspect the market will take off.

Is the inaugration on the 20th of this month?

Best To All- BTA
 
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Intel may have saved the day. Nice earnings report may reverse today's fall, tomorrow.
 
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The important thing about INTC earnings was they boosted CAP Ex considerably, nice.Watch the equipment makers tomorrow:)
 
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teknobucks wrote:
coiled to blast off or (......), I still say up! we start tomm. fingers crossed:shock:
Hey tekno....don't forget the tarter sauce! :D Rgds Spaf
 
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Late Tuesday/early Wednesday.

For those of you that might of missed it, tekno posted a classic!

"Confidence is going after Moby Dick in a rowboat and taking the tartar sauce with you."

So when I asked if he was bringing the tarter sauce, this explains it. Maybe I should of asked for his recipe! That could be to much confidence! He can comment on the recipe :D.

Some of us are going after the whale. In a TSP rowboat! This correction has been sort of going sideways as of lately. There has been no good news to advance above the resistance levels. Hopefully the "Tech" will change the standoff. If good, the market should resume some of the advance. If the gains go above the previous higher highs the bullish movement will be intact. On the other hand, if the gains do not reach higher highs, but form a lower high, well, we could be in to some bearish times. Minor corrections are fairly safe, but the correction we are currently in could change the primary market movement, hopefully it won't, but I have no insider news.

The problem with investing with TSP is that we don't have an expert news letter for advice. It also has a delay of 1-2 days to transfer funds to safe or advancing areas. As market timer use to say, "it takes at least a day to get out of Dodge."

Intel reported some green news. So maybe the market will make a decision to do something other than going sideways in the current correction.

So, I've got to stay with the current bullish trend, 100% in stocks till proven otherwise.

Have a good day, rgds, and be careful! :) Spaf
 
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Just made a change 60% g 40% I fundfrom 100% G

Not that I have a signal to trade the I fund ,But its a way to short the dollar.

So we are Short the dollar long on the I fund....

Still out of the c and s funds as I still see weakness..



Skip
 
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Hi Skip, since you're finally making the move out of the G fund for 2005, will you consider starting a 'Skip Account' and ' Skip Account Talk' so some of us can follow your movesand communicate with you. Thanks:^
 
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Hi Saraho, that is a nice picture. Saw your comment in your ' saraho's account'. No need to apologize. Some members make many moves and some may not change for a couple of months. The fact that you are considing a move in Feb to me doesn't qualify you as a 'buy and hold' only member. I for one would appreciate your comments and when you dodecide to make a move show it in your 'saraho's account'. If you decide to keep visiting this site, then in Jan 2006 we can see how you did compare to others. Thanks, V-man
 
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I think that this post should be entitled Lost Dog / Lost Market

Since the first of the year, this market has not shown that it knows what to do. It figured out 2004 ending very bullish, but it hasen't yet figured out 2005.

The S&P has been in the 1180-1190 rangethe last seven trading days. In many of the days, what started out as pretty good, faded to small losses as the day went along. Seeing the fade or weakness, would keep any new money on the sidelines.

Todays close was strong, there was no fading. Strong closes would be a positive for new money. If we can get some more days like today the market, I would hopethat the marketwould regain the bullish trend we had in the last portion of 04. It has to advance past the higher high around December 28-30 at 1213 to re-validate the primary movement being bullish.

There are some more economic reports and company earnings scheduled for Thursday.

Barring any national incident the market seem to have a support level of 1180. And, we are waiting..... waiting.....

Rgds :? Spaf
 
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teknobucks wrote:
let the semis lead the way!:)
OK tekno!........ I'm sitting here in my row boat with the TSP (tarter sauce prepared: 30c, 40s, 30i per recipe) ready to catch me a Moby Dick.
Looking for those "semis." ;) Spaf

PS: What kind of fish is a semis?
 
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Tom wrote in his comments
Just when you think you can't take the pain any longer, it's time to buy. That's comes just after the sell signal you get when your barber starts giving you stock tips.
Is that before or after the barber says "whoops" that was your ear. I have a band-aid?
 
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Spaf wrote:
teknobucks wrote:
let the semis lead the way!:)
OK tekno!........ I'm sitting here in my row boat with the TSP (tarter sauce prepared: 30c, 40s, 30i per recipe) ready to catch me a Moby Dick.
Looking for those "semis." ;) Spaf

PS: What kind of fish is a semis?
not sure....

but if she shows up on your plate looking like a blackened RED fish...sell with both hands.:shock:
 
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Repeat: Lost Dog / Lost Market

Can't find my airplane, the fog is so thick. Can't find row boat with TSP (tarter sauce prepared). Now a member of TV program "Lost."

Mercy! :X Spaf
 
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Is there any one else here that studies market charts to compare present conditions with past conditions? Usually the market shows a trend ( up or down) within 7-8 days after testing a support level during a pull back. If you look at the chart for the SP500, the market is trying its best to stay close to its 50 day MA, but seems to be about to lose the battle. The S fund ishanging on just barely below it's 50 day MA, but had been trending down. Perhaps today, ordefintely tomorrow we are going to see which way this market will trend in the short term.One cannot but wonder if the market is some how being manipulated in the short term, but impossible to do for the long term. For your information, the I fund is riding just above its 50 day MA and still trending up.:?

http://bigcharts.marketwatch.com/intchart/frames/frames.asp?symb=SP500
 
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Spaf wrote:
Repeat: Lost Dog / Lost Market

Now a member of TV program "Lost."

Mercy! :X Spaf
Okay, Spaf, while you are there: do in Mr Smith! Then the dog will find his way to the Market, the fog will clear for you to get the plane off the ground, the semis will have pup trailors for us, towing the rowboat filled w/tartar sauce, and we will all be riding fiercely & victoriously in the pups to the finish! - God willing, and He is of course.......
 
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Does anyone else here miss Namor, at least he could take the edge off this marketfustration by following his moves. The question of the day ( and before 12 est) is this really the bottom? Those bears seem to be getting stronger.:X

But the S fund is fighting back!!!:^
 
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