Mayday's Account Talk

At least the S-fund should post a gain and help offsett things, heck you could come close to breaking even. All in all, not bad for 2 days work. Taking gains and reducing exposer is always a winner in my book. :)
 
At least the S-fund should post a gain and help offsett things, heck you could come close to breaking even. All in all, not bad for 2 days work. Taking gains and reducing exposer is always a winner in my book. :)

I'm not complaining. I Still have 2 trades in October.:)
 
http://stockcharts.com/charts/gallery.html?$usd

U.S. Dollar heading up towards 50 day moving average.
 
market slide to continue; Re: Mayday's Account Talk

WSJ; 10-1-09; take profits now; continuing market slump on horizon


Stocks Slump
Before Jobs Data


The Dow industrials tumbled more than 200 points in a broad selloff amid soft manufacturing data and fears that a key monthly jobs report will deliver yet another disappointment.
world bank & energy dept have warned that stocks are likely to slide through the middle of 2010; health care bill's 40% excise tax on insurance companies certainly to be passed on to consumers [a necessary thing to assist the uninsured/poor but an effective 40% tax on all consumers' health insurance policies] will be a further drain on consumer confidence; belt tightening to continue and more layoffs on horizon;
 
http://stockcharts.com/charts/gallery.html?$tran

Dow transports slipped below 50 day moving aveage.
 
very rough waters ahead: Re: Mayday's Account Talk

WSJ; 10-1-09; take profits now; continuing market slump on horizon


Stocks Slump
Before Jobs Data


The Dow industrials tumbled more than 200 points in a broad selloff amid soft manufacturing data and fears that a key monthly jobs report will deliver yet another disappointment.
world bank & energy dept have warned that stocks are likely to slide through the middle of 2010; health care bill's 40% excise tax on insurance companies certainly to be passed on to consumers [a necessary thing to assist the uninsured/poor but an effective 40% tax on all consumers' health insurance policies] will be a further drain on consumer confidence; belt tightening to continue and more layoffs on horizon;
 
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