Mayday's Account Talk

[mayday]

I'll be on the road tomorrow and I won't have a chance to trade before noon unless I trade before I hit the hay.
My thoughts are running towards all in before Friday because thats when automatic distributions to IRA's are payed into the market on payday.

 

[mayday]

I'll be on the road tomorrow and I won't have a chance to trade before noon unless I trade before I hit the hay.
My thoughts are running towards all in before Friday because thats when automatic distributions to IRA's are payed into the market on payday.

I'll be keeping an eye on futures tonight.

Futures

 

[mayday]

I'll be keeping an eye on futures tonight.

Futures

And this site.

World Sharemarket Indices <=> see more charts @ Sharelynx Gold <=>

 

[mayday]

And this site.

World Sharemarket Indices <=> see more charts @ Sharelynx Gold <=>

North America and South America Stock Markets - CNNMoney

 

[mayday]

IFT 100% I

 

[Birchtree]

With the market this hot - that's gonna hurt for sure. Just kidding...

 

[mayday]

With the market this hot - that's gonna hurt for sure. Just kidding...

Hey Birch can't you see my butt is on fire anyway. This rally just won't quit. I believe the over-sea markets will do well this evening.

 

[mayday]

http://www.marketoracle.co.uk/Article33322.html

I just took this off your thread Birch it is interesting.

 

[mayday]

Hey Birch can't you see my butt is on fire anyway. This rally just won't quit. I believe the over-sea markets will do well this evening.

It's nice to be right once in awhile.

 

[mayday]

$VIX - SharpCharts Workbench - StockCharts.com

The VIX has some gaps to fill. Very low VIX very risky. I'm bailing to 100% F

 

[mayday]

$INDU - SharpCharts Workbench - StockCharts.com

I still have my eye on the VIX.

 

[Birchtree]

A money manager on CNBC was saying this morning that when the VIX gets to 12.50 that everyone will pile into the market. That does make me nervous and perks up my antenna but no need to be rash just yet. When breadth weakens, but stocks continue to rise, that is a warning sign - so far there are no divergences. Will it be a go away in May or will the bull continue to stampede through the summer. If the bond money starts to dump we are going a lot higher.

 

[Warrenlm]

Reports this morning on CNBC said the funds in bonds were being withdrawn in large amounts but not yet placed in equities.

 

[Birchtree]

The reallocation play from bonds to stocks can literally take years since the bond market is 10 times larger than the stock market. I say bring it. Birinyi recently said to look for the SPX to reach 2854 by September 2013 - that sounds about right. We are on a freight train of accelerating asset prices - time to stay long and strong.

 

[mayday]

$VIX - SharpCharts Workbench - StockCharts.com

Vix last Friday was at its lowest point in 3 years. I'll stay out until at the very least 18.39

 

[mayday]

$VIX - SharpCharts Workbench - StockCharts.com

Vix last Friday was at its lowest point in 3 years. I'll stay out until at the very least 18.39

Makes me wonder why CNBC is not showing the VIX.

 

[mayday]

VIX is down and market down. How about that for divergences.

 

[Birchtree]

The R2K remains positive so we may see some dip buying later.

 

[mayday]

$VIX - SharpCharts Workbench - StockCharts.com

Vix seems to be following the 50 DMA notice the cross-over on the MACD.

 

[mayday]

IFT 100% S