Mayday's Account Talk

[mayday]

I like to buy into fear and sell into euphoria.

 

[mayday]

Any move would be short lived.

No QE3

 

[Birchtree]

I wouldn't make a bet on no QE3 - watch what the Fed does not what they say. We will continue to need liquidity with monetary policy for the global economy. If we could just reduce the lifetime welfare rolls...

 

[mayday]

I wouldn't make a bet on no QE3 - watch what the Fed does not what they say. We will continue to need liquidity with monetary policy for the global economy. If we could just reduce the lifetime welfare rolls...

I don't know about that Birch; It does not seem to be working for our dollar.

 

[jpcavin]

Nobody is going to buy US treasuries except the FED which will do it with money created out of thin air. If nobody buys US treasuries, QE3 may be just around the corner.

 

[mayday]

I took Jasons advice following in his footsteps.

All in 100%S

 

[mayday]

What happened to todays rally?

 

[JTH]

I took Jasons advice following in his footsteps.

All in 100%S

??? You know I left the market right?

What happened to todays rally?

Good question, 2 End-of-day declines in a row

 

[mayday]

??? You know I left the market right?



Good question, 2 End-of-day declines in a row

But higher highs and lower lows.

 

[mayday]

But higher highs and lower lows.

I meant higher highs and higher lows. oops

 

[mayday]

??? You know I left the market right?



Good question, 2 End-of-day declines in a row

I know you lleft the market. Right after I got in.
Do you know something your not telling me?

 

[mayday]

The latest charts from Colin Twiggs

http://tinyurl.com/3gwfx2m

 

[mayday]

Dollar rising

http://quotes.ino.com/chart/?s=NYBOT_DX

 

[mayday]

Click on 3 month above and you will see that the dollar came off the 50DMA.

 

[mayday]

The latest charts from Colin Twiggs

http://tinyurl.com/3gwfx2m

Tomorrow will be a telling experience.

 

[mayday]

Dollar is still bouncing off 50 DMA (click on 3 month)

http://quotes.ino.com/chart/?s=NYBOT_DX

 

[mayday]

Tomorrows news might not be pretty. I'm thinking about exiting to F-fund.

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

 

[mayday]

IFT 100% F

 

[mayday]

The latest charts from Twiggs.

http://tinyurl.com/6x6o4xu

 

[JTH]

The latest charts from Twiggs.

http://tinyurl.com/6x6o4xu

He seems a bit more bearish than I might expect from someone who's using long-term charts. Do tyou happen to know why he mentions the reversal of of 1350? What is it that makes this level important to him?