McDuck's Account Talk

[McDuck]

Re: Greg's Account Talk

Ukraine metals companies at 64% capacity, up from November’s 32%
[SIZE=-1]Ukrainian Journal (subscription), NY -20 hours ago

[/SIZE]Still Not the Worst Financial Crisis Since the Great Depression
[SIZE=-1]About - News & Issues, NY - 32 minutes ago

[/SIZE]Obama, Afghanistan and Karl Marx
[SIZE=-1]Pravda, Russia - 20 hours ago
[/SIZE]
More Seniors Seeking Help as Mortgage Crisis Deepens
[SIZE=-1]fox4kc.com, Kansas City - 33 minutes ago[/SIZE]

Fears of a ‘March crisis’ unfounded, experts say
[SIZE=-1]중앙데일리, South Korea - 12 hours ago

[/SIZE]

 

[McDuck]

Re: Greg's Account Talk

STING - SONGS FROM THE LABYRINTH

 

[McDuck]

Re: Greg's Account Talk

 

[McDuck]

Re: Greg's Account Talk

No momentum for Wall Street

Feb 25: 9:05a
Stocks expected to open lower as Obama's speech appears unable to sustain previous session's rally.

 

[cbackous]

Re: Greg's Account Talk

YAY:blink::worried:

 

[McDuck]

Re: Greg's Account Talk

2/26/2009
In Obama's Budget Plan, Broad Agenda and Few Gaps
- Washington Post

2/26/2009
Obama’s Proposes Up to $750B More for Bank Aid
- Bloomberg

2/26/2009
Home Sales and Prices Continue to Plummet
- New York Times

2/26/2009
Food Aid Sign-Ups Flooding Mass.
- Boston Globe

2/26/2009
Bankruptcy Law May Be Modified
- Chicago Tribune

2/26/2009
Jobless Claims Spike to 26-Year High
- CNN Money

2/26/2009
Gov't Says 'Mass Layoffs' Soared in January
- Associated Press

2/26/2009
GM Loses $9.6 Billion
- CNN Money

2/26/2009
Rising Costs Prompting Small Bus. to Drop Health Ins.
- Chicago Tribune

2/26/2009
Trouble on the Assembly Line
- Washington Post

2/26/2009
Factory Orders Fall for a Sixth Month
- New York Times

 

[McDuck]

Re: Greg's Account Talk

US reservations on Swat deal removed: Qureshi
Geo TV - ‎3 minutes ago‎

Tensions Rise in Fragile Bosnia as Country’s Serbs Threaten to ...
New York Times - ‎3 minutes ago‎

Orszag's Task: Selling the Budget
Wall Street Journal - ‎4 minutes ago‎

Asian Shares Down As Econ Data Paints Grim Picture
MarketWatch - ‎7 minutes ago‎

Protests deepen Pakistan turmoil
Saudi Gazette - ‎14 minutes ago‎

Lowenstein Sandler Lays Off 8 Percent of Attorneys
The American Lawyer - ‎14 minutes ago‎

We're All Bankers Now
U.S. News & World Report - ‎6 hours ago‎

60% of Hospitals Have Seen an Impact from the Current Economic Crisis
Business Wire (press release) - ‎6 hours ago‎

"Cramdown" crammed into next week
Congress Matters - ‎8 minutes ago‎

Non-Profits Feeling the Fiscal Crisis
TheDay - ‎7 hours ago‎

There will be no quick fix for this recession
MoneyWeek - ‎7 hours ago‎

 

[McDuck]

Re: Greg's Account Talk

 

[McDuck]

Re: Greg's Account Talk

Stocks set to open lower
Feb 27: 7:34a

 

[McDuck]

Re: Greg's Account Talk

SP500 futures currently at 722 and DJI at 6957.

 

[McDuck]

Re: Greg's Account Talk

Asian Markets Slump in Monday Trading

New York Times - ‎8 minutes ago‎

amid resurgent concern - fueled by poor growth data in the United States – that a recovery in the global economy and renewed demand for exports are unlikely to materialize until next year.

The Nikkei 225, Japan’s benchmark index, and the Kospi index in South Korea were both down more than 3 percent, while the key indexes in Hong Kong, Singapore and Australia all sagged more than 2.5 percent.

 

[McDuck]

Re: Greg's Account Talk

Stocks look to new lows as March begins

http://www.marketwatch.com/news/story/stocks-look-new-lows-march/story.aspx?guid={C7A4B1F3-961E-4FAB-B1F5-4855FDAC34BE}&dist=TNMostRead

After worst first two months on record, new lows loom; jobs report on tap

By Nick Godt, MarketWatch
Last update: 10:24 a.m. EST Feb. 28, 2009

"The path to least resistance remains down," said Alec Young, market strategist at Standard & Poor's. "We need some real capitulation, and for people to stop buying the dips and let it crash. Then, we could get a new low."

...
No spring in store for market

The market will start the first week of March with what's expected to remain dismal economic reports.

Monday will bring personal income and spending data and construction spending for January, followed by the February national manufacturing report from the Institute for Supply Management.

On Tuesday, there will be data on pending home sales in January and U.S. auto sales for February.

On Wednesday, investors will key in on the private-sector ADP monthly jobs survey for February. This will be followed by the ISM's service-sector survey of the economy and the latest Federal Reserve's Beige Book of economic conditions.

On Thursday, it will be weekly jobless claims, productivity data and unit labor costs for the fourth quarter, along with January factory orders.

And on Friday, the Labor Department is expected to report the economy shed another 630,000 jobs in February, lifting the unemployment rate to 7.9%.

 

[McDuck]

Re: Greg's Account Talk

I just went 100% S-fund.

I didn't want to use my only IFT this early in the month.

I'm hoping for a 3% bump up tomorrow and get out. That kind of thinking has been bad for me the last 2 months.

 

[mojo]

Re: Greg's Account Talk

I just went 100% S-fund.

I didn't want to use my only IFT this early in the month.

I'm hoping for a 3% bump up tomorrow and get out. That kind of thinking has been bad for me the last 2 months.

We are due for a bounce. Could be huge. Good luck. I'm staying 100% G.

 

[Steadygain]

Re: Greg's Account Talk

I just went 100% S-fund.

I didn't want to use my only IFT this early in the month.

I'm hoping for a 3% bump up tomorrow and get out. That kind of thinking has been bad for me the last 2 months.

Well I think you made an OUTSTANDING MOVE !!

1. You went 100% instead of half @ss
2. You went in the one taking the biggest hit
3. You picked the one that will likely get the largest gain
4. YOU'RE MAKING A ONE DAY MOVE

That gives you the 'TSP Excellence Award' for 2009 - for refusing to listen to your mind trying to hold you back and going with your gut.

 

[mojo]

Re: Greg's Account Talk

Well I think you made an OUTSTANDING MOVE !!

1. You went 100% instead of half @ss
2. You went in the one taking the biggest hit
3. You picked the one that will likely get the largest gain
4. YOU'RE MAKING A ONE DAY MOVE

That gives you the 'TSP Excellence Award' for 2009 - for refusing to listen to your mind trying to hold you back and going with your gut.

OK but save the awards ceremony for tomorrows closing bell

 

[Birchtree]

Re: Greg's Account Talk

We might get that bounce today in face of all the gloom and doom. However, consumer spending was up a little and every time I drive buy Steak and Shake the place is always full. I ate there Saturday night at around 2100 hours and one of the waitresses was leaving for home complaining how tired she was because it was so busy.

 

[McDuck]

Re: Greg's Account Talk

We might get that bounce today in face of all the gloom and doom.

Yeah, I'm afraid that might happen this afternoon. One time last fall (I think in October) it was down 7% at noon deadline and it rallied til it closed being up 1% (a 8% rally)

However, consumer spending was up a little and every time I drive buy Steak and Shake the place is always full. I ate there Saturday night at around 2100 hours and one of the waitresses was leaving for home complaining how tired she was because it was so busy.

Same here. And all the main roads a bumper-to-bumper with cars.

 

[McDuck]

Re: Greg's Account Talk

2. You went in the one taking the biggest hit
3. You picked the one that will likely get the largest gain

Yeah, that was my thinking but sometimes it doesn't make the biggest rebound on a short-term move.

 

[McDuck]

Re: Greg's Account Talk

every time I drive buy Steak and Shake the place is always full. I ate there Saturday night at around 2100 hours and one of the waitresses was leaving for home complaining how tired she was because it was so busy.

It's all them Democratic spending the money that they don't pay in taxes.