Mayday's Account Talk

[mayday]

Check out what the dollar is doing.

http://stockcharts.com/charts/gallery.html?$USD

 

[mayday]

Next weeks particulars.

http://online.barrons.com/public/page/barrons_econoday.html

Hit#28

 

[Buster]

Next weeks particulars.

http://online.barrons.com/public/page/barrons_econoday.html

Hit#28

Excellent forecast info..Post these at the beginning of the week if you can..they are very helpful events to know in advance in a nice summary like calendar this....

Thanks

 

[mayday]

Excellent forecast info..Post these at the beginning of the week if you can..they are very helpful events to know in advance in a nice summary like calendar this....

Thanks

Buster: It's nice to know whats around the corner to help make an educated guess before you make a move.

 

[mayday]

Thanks, I've been waiting for this market to agree with me :toung: since the 16th when the Dow Jones Transportation Average put in a candelestick Doji.

As for SPX, if we break through the 20 MA and yellow trendline, then I'd like to see a bounce off the 50 SMA/EMA which are both at the same level. Based on time, I'm wanting (pretty please) for that to happen in October, so we can reload our IFTs.

But regardless of what I think, this market will do what it wants. Still lovin my F-Fund though...

View attachment 6842

JTH: WE might bounce off of 1040 let's see what happens tomorrow. I might make a move. I have one more move this month.

 

[amoeba]

JTH: WE might bounce off of 1040 let's see what happens tomorrow. I might make a move. I have one more move this month.

well - I say we flounder a bit longer and lower, depending on the economic data next week. Something has changed.

 

[mayday]

well - I say we flounder a bit longer and lower, depending on the economic data next week. Something has changed.

amoeba: Too many bears set up a contrary move, and it looks we are headed that way.

 

[mayday]

I'm looking for a bounce off S&P 500 along the line of 1040. We might get there today or close to it. If I'm wrong I'm wrong, but I'm thinking of jumping in.

 

[mayday]

Ift 20c, 40s, 40i

 

[mayday]

Dow Transports down 55 points today.

I might regret the move into stocks for Monday.

"Such is life"

 

[fedgolfer]

Dow Transports down 55 points today.

I might regret the move into stocks for Monday.

"Such is life"

IYT and EFA are on support lines going back to the march low... we've got a chance

 

[mayday]

IYT and EFA are on support lines going back to the march low... we've got a chance

Fedgolfer: I'm hoping for a nice jump in equities next weak.

I won't lose any sleep over stepping back in.

The game is to win not lose.

If you don't risk anything there will be no reward.

 

[mayday]

JTH: WE might bounce off of 1040 let's see what happens tomorrow. I might make a move. I have one more move this month.

I did make that move. We did bounce off of 1040 at 1:30 yesterday to rest at 1044 at closing bell.

Lets see what happens Monday.

 

[mayday]

http://www.incrediblecharts.com/tradingdiary/2009-09-26_markets.php#sp500

Factors to consider for next week.

 

[JTH]

Ift 20c, 40s, 40i

Knock on wood, feeling better?

 

[mayday]

Knock on wood, feeling better?

I'm still skittish about the surge. I have been looking at many indicators, but I still believe this market is artificially held up in the hands of the government.

 

[mayday]

Made a decent return today.

 

[Birchtree]

Tomorrow will be the tell when the volume steps in front of the train.

 

[Mcqlives]

My teeth are starting to hurt from gritting them so much. Which color will the little ball land on?...when is the S&P VIX going to be around 22?...when will the dollar get stronger which will hurt the large caps and the internationals? My dentist is going to make some money this year!

 

[mayday]

My teeth are starting to hurt from gritting them so much. Which color will the little ball land on?...when is the S&P VIX going to be around 22?...when will the dollar get stronger which will hurt the large caps and the internationals? My dentist is going to make some money this year!

Mcglives: Don't grind your teeth it gives you a headache. Take one day at a time. I'm concerned about the consumer confidence report tomorrow at 10:00AM.

Birch: I'm not concerned about getting in front of the the train. I'm more concerned of a train wreak.