Mayday's Account Talk

The level of 10,750 will be history today. The 200 week MA is roughly Dow 11,160. The SPX 200 week MA is 1240. As long as the slope of the 200 day MA is trending up we should be safe from any bears.
 
The level of 10,750 will be history today. The 200 week MA is roughly Dow 11,160. The SPX 200 week MA is 1240. As long as the slope of the 200 day MA is trending up we should be safe from any bears.

Hi Birch: We did break the 10750 level then pulled back today to 10733
I think my decision to hold on to my gains was sound.
I know your the ultimate perma-bull. I on the other hand fell off that bull for awhile.

Good Luck my friend: Kiss a Blarny stone and drink some green beer.:D
 
Sell in May and stay away might be the good move today. My reason to agree with this wall street saying.

1) Oil slick setting the stage to destroy the Miss. delta.

2) President halting new drilling.

3) Oil will spike summer is knocking at the door.

4) Last day for home buyers tax credit.

5) Greece and Spian.
 
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I took the leap today too. Hope it works for you.

I hope we both gain some bucks. This swing lower should help. Lots of stuff happening overseas. The election Thursday, and the bailout in Greece happened. The oilslick here in the gulf could generate some jobs. We will see Good Luck HB :)
 
I missed the IFT deadline by a few seconds on my last IFT.

So I dodged a loss yesterday.

Today is a different story. The euro went into a tail-spin.
 
I missed my IFT last time by 5 seconds. I guess I was pushing the cut-off time limit.

I made it this time bailed the I-fund. The dollar is still too strong against other currencies.

I may bail to safety tomorrow.
 
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