mlk_man's account talk

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Appears to me that the market is trying to form a base around our former resistance level of 1260. May be why the smart money sold yesterday. Trying to flush out the rabbit, or the pack, before they buy back in. I think they are trying to disguise the rally, but I know a rabbit when I see one. I'll be looking for one more big down day before jumping back in. Hopefully it happens before noon so I don't miss it. :^

JMHO,

M_M
 
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Is this the day? I'm feeling lucky and going 100% S. That buy one day sell the next comes to mind. They best time to do it was around resistance and support levels.

Anyone else feelin' lucky? ;)
 
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mlk_man wrote:
Is this the day? I'm feeling lucky and going 100% S. That buy one day sell the next comes to mind. They best time to do it was around resistance and support levels.

Anyone else feelin' lucky? ;)
15 minutes.................................:P
 
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mlk_man wrote:
I'm seeing signs that we may get another pullback to about 1255 or so in the S & P. I don't know if it will start tomorrow or Wed. I'm hoping Wed. because today I'm going to jump into the C and I funds for a day. I also think we take off next week.

Please be advised, I'm definitely no Carnac...................:shock:

Good luck,

M_M
Pretty close to 1255 right now. Maybe it'llhit it before the end of the day so we can move on. At least I hope we move on................:shock:
 
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Wanna see something funny? See the earliest headline from the AP. See the next one from the AP after the Wall Street Journal's headline? If you just glanced at the headlings, you'd think the first was bad. Then the second one not so bad. Funny thing is, Jim Cramer said the big guys would try to make TI's report look worse than expected about 3:30pm. You think these "reporters" didin't see that? Yes the market is being manipulated, one has to try to out-think the big boys to be successful.

I'm trying...........:^








Dow Closes Off 46, Nasdaq Finishes Down 9

Associated Press (Wed 8:25pm)




]http://yahoo.reuters.com/financeQuoteCompanyNewsArticle.jhtml?duid=mtfh14268_2005-12-08_00-29-19_n07279315_newsml]UPDATE - TI 4th-quarter forecast nearer high end of range[/url]

at Reuters (Wed 7:29pm)




]http://us.ft.com/ftsuperpage/superpage.php?news_id=fto120720051904089921&referrer_id=yahoofinance]TI issues more optimistic Q4 forecast[/url]

at FT.com (Wed 6:55pm)




]http://www.thestreet.com/_yahoo/tech/semis/10256345.html?cm_ven=YAHOO&cm_cat=FREE&cm_ite=NA]Texas Instruments Provides a Lift[/url]

at TheStreet.com (Wed 6:35pm)




]http://www.marketwatch.com/news/yhoo/story.asp?source=blq/yhoo&siteid=yhoo&dist=yhoo&guid=%7BF4036B65%2D0D92%2D4F39%2DA67B%2D0EEAEAF0DE50%7D]Texas Instruments raises low end of sales forecast[/url]

at MarketWatch (Wed 6:16pm)




]http://www.forbes.com/2005/12/07/ti-intel-xilinx-cx_pk_1207eyeonstocks.html?partner=yahootix]Eye On Stocks For Thursday, Dec. 8[/url]

at Forbes.com (Wed 6:10pm)




Stocks fall on rate worries

Reuters (Wed 5:42pm)




Texas Instruments Sharpens Revenue Outlook

Associated Press (Wed 5:19pm)




]http://online.wsj.com/article/SB113399271587116585.html?mod=yahoo_hs&ru=yahoo][$$] Texas Instruments Raises Low-End of Guidance[/url]

at The Wall Street Journal Online (Wed 5:12pm)




Texas Instruments Cuts 4Q Profit Outlook

Associated Press (Wed 4:59pm)
 
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mlk_man wrote:
mlk_man wrote:
I'm seeing signs that we may get another pullback to about 1255 or so in the S & P. I don't know if it will start tomorrow or Wed. I'm hoping Wed. because today I'm going to jump into the C and I funds for a day. I also think we take off next week.

Please be advised, I'm definitely no Carnac...................:shock:

Good luck,

M_M
Pretty close to 1255 right now. Maybe it'llhit it before the end of the day so we can move on. At least I hope we move on................:shock:
S&P futures sitting right at 1255 right now. Let's hope for a bounce today.
 
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mlk_man wrote: Wanna see something funny? See the earliest headline from the AP. See the next one from the AP after the Wall Street Journal's headline? If you just glanced at the headlings, you'd think the first was bad. Then the second one not so bad. Funny thing is, Jim Cramer said the big guys would try to make TI's report look worse than expected about 3:30pm. You think these "reporters" didin't see that? Yes the market is being manipulated, one has to try to out-think the big boys to be successful.

I'm trying...........:^




I believe the only timing skills needed to play this market, are those that focus on betting how low the puppeteers are willing to string the puppets along; so they can maximize their profits. Timing the puppeteer is the key.

I am a little paranoid I’ll be the first to admit it.



How many 100s of millions is Mr. Buffett willing to loose by betting against the Dollar ?

An increase to Mr. Buffet’s $$$$$ position may signal a buy for the I fund.



Can someone call him for me and ask, I lost his number.
 
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JOVARN wrote:
How many 100s of millions is Mr. Buffett willing to loose by betting against the Dollar ?

An increase to Mr. Buffet’s $$$$$ position may signal a buy for the I fund.


Can someone call him for me and ask, I lost his number.
Actually, I hear the biggest downfall of Warren Buffett's is his play on currencies so I don't think I'd listen to him in that department. Perhaps it's because currencies are manipulated by governments and not the market?

But I'll still give you his number: 1-555-NOT-JIMY ;)
 
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Well, we got that bounce. Hope it sticks. Now the $100,000 question. Will it stay up tomorrow? I'm a little inclined to think it might bounce around until the Fed meeting so I'll be locking in today's profits (hopefully) and moving to 100% G. Probably jump back in tomorrow.

Fun, fun...................:*

Good luck all,

M_M
 
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Mike your skills are amazing. I wouldn't at all be surprise to see you catch a penny tomorrow.:^ This is the mlk_man I remember seeing last year. Are you recycling some techniques from last year's system?
 
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Vectorman, I have someone else watching out for me now. :^

The antagonizers help also. Helps me to focus on my TSP. Who's next? :!

But to be honest, I'm just getting lucky............maybe.........;)
 
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vectorman wrote:
I wouldn't at all be surprise to see you catch a penny tomorrow.:^ This is the mlk_man I remember seeing last year. Are you recycling some techniques from last year's system?
BTW, it's your fault I lost .05% in that F fund the other day. :P
 
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mlk_man wrote:
vectorman wrote:
I wouldn't at all be surprise to see you catch a penny tomorrow.:^ This is the mlk_man I remember seeing last year. Are you recycling some techniques from last year's system?
BTW, it's your fault I lost .05% in that F fund the other day. :P
It was only a penny a share. The big pay off was today, you just jumped out to soon. LOL I stayed in the F fund, but I also put some in the S fund for today thanks to you. That's why your the money master and I'm just the lowly grasshopper. :?
 
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Got a major buy signal so I'll be going back to 100% S tomorrow. S&P sat right on that 1255 mark I mentioned before. Would love to see it drop big time below it tomorrow, but I suspect a flat day if anything. Of course a nice up day and then a down day Monday isn't out of the question, but I"m pretty sure I'll be holding the S until at least Tuesday.

Big storm coming in the morning so I'm putting in the transfer now just in case I can't later.

Yes, 4 inches is big to me...............don't go there! :P
 
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vectorman wrote:
mlk_man wrote:
vectorman wrote:
I wouldn't at all be surprise to see you catch a penny tomorrow.:^ This is the mlk_man I remember seeing last year. Are you recycling some techniques from last year's system?
BTW, it's your fault I lost .05% in that F fund the other day. :P
It was only a penny a share. The big pay off was today, you just jumped out to soon. LOL I stayed in the F fund, but I also put some in the S fund for today thanks to you. That's why your the money master and I'm just the lowly grasshopper. :?
Would someone please tell this guy that I'm not gonna swap spit in the shower with him............:P
 
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