mlk_man's account talk

[mlk_man]

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Xmas gift idea for your pet:

http://www.softpaws.com/

Excuse me Miss Kitty, are those nails real?

 

[mlk_man]

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Seems to all be coming together. Tuesday will be the kicker. I'm thinking Greenspan would like to see a nice Santa Claus rally in his last year as the man so we'll see what he does or says............it was flat on the last rate hike but the following day the S fund was up almost 1.62%. :shock:

100% G today, 100% S Monday thru at least Tuesday.

Good luck,

M_M

 

[mlk_man]

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vectorman wrote:

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?

Now see vectorman, you jinxed me. Thanks! So much for skills huh?

 

[mlk_man]

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mlk_man wrote:

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.

Still holdin'.............:?

 

[nnuut]

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M_M Wrote:

Seems to all be coming together. Tuesday will be the kicker. I'm thinking Greenspan would like to see a nice Santa Claus rally in his last year as the man so we'll see what he does or says............it was flat on the last rate hike but the following day the S fund was up almost 1.62%. :shock:

I'm thinking that a man like Greenspud isn't going to change a darn thing, still measured. He is going to let his replacement (Burntankle) take care of that stuff, that way we can't blame him if it's a mistake. I'm still thinking about going all in Tuesday! Does that sound right? NO!!!Tuesday could be the BIG ONE, up or down. Gotta have more info, Info, Info!!!!!! Damn! :*

 

[mlk_man]

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When you find that info, can you let us all know? :^ Too bad I don't have a friend of a friend that lives next to Greenspan........

 

[mlk_man]

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If we happen to move up next week, I'm seeing the next resistance level in the S&P at about 1275. We should be able to plow through I'd expect.

 

[mlk_man]

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Hanging with the S fund today...................................but I"m skeered............:shock:

 

[mlk_man]

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I'm really gonna have to get over my hatred of the I fund I guess........:*

 

[Birchtree]

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The safe practice would be to dollar cost average the I fund prices with a percentage of your contribution allocations. Accumulate your position painlessly over time and try not to pistol shoot the darn thing. I do think there is much more to go once we back and fill a little.

Dennis

 

[mlk_man]

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Although the S fund is down this morning, the VIX is down a lot more so I expect the C and S funds to shoot up after the Fed meets. This may be the last opportunity to get in if you aren't already. Misery loves company right.................

Where's my mana? Took me almost 2 years to be loved around here! Or not.......

Show-me!!!!!!!!!

Good luck all,

M_M

 

[mlk_man]

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Change of signals. Time to go to safety for a lil' while.............

Good luck,

M_M

 

[mlk_man]

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mlk_man wrote:

If we happen to move up next week, I'm seeing the next resistance level in the S&P at about 1275. We should be able to plow through I'd expect.

Getting close, we'll see if we are able to bust threw or pullback first.

 

[mlk_man]

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I thought about jumping back into the S fund today because the market has been recovering quickly from down days lately, but I'll wait for a signal to be generated. Not waiting on a buy signal has gotten me into a lot of trouble this year with my TSP this year because of the early deadline and trying to guess were the market will end up for the day.

I'm sitting at 50G and 50F right now and the AGG appears as if it'll end down for the day so I'll put the other 50 into it and hope it's up tomorrow. I'm thinking we might get the penny early tomorrow but who knows.Could pay out Monday for the 7th time in a row.

100% F fund for tomorrow.

Good luck all,

M_M

 

[mlk_man]

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Monday may be the day to jump back into stocks. If we can get decent PPI numbers, it may be the catalyst to drive us into the Santa rally. But who knows..............:shock:



From briefing.com:

Highlights

• Briefing.com Forecast: -0.5%, 0.2% core
• Market Consensus: -0.3%, 0.2% core

Key Factors

• The plunge seen in CPI energy prices is severely softened by the PPI seasonal adjustment.
• Energy led decline follows an average increase of 1% over the last four months.
• Leaves PPI at 4.7% yoy from the 6.9% Sept high. Core at just 1.8% yoy from 2.8% in July.
• Core pipeline pressures softeningafter highs reached in Jan (intermediate gds) and Aug 2004 (crude goods).
• High energy prices leftoverall Oct crude goods prices at 32% yoy, intermediate goods prices at 11% yoy.

Big Picture

• SeptPPI growthof 6.9% stoodat a15 year highbut fell off to 5.9% yoy in Oct. Thecore has fallen off to 1.9% yoy fromJuly'sdecadehigh of 2.8%. The high pipeline pressures of the last year are partiallyfeeding in to finished goods as therise in energy prices provides the most glaringpressure (risk). The directional trends have turned toward lower yoy growth for bothcore crude and intermediate goods. Briefing.com suspects the yoy peak incore PPI was reached in July.But theeffect on core CPI is what the market will be watching rather than the yoy softeningin the wholesale measures. Core crude goods yoy gains peaked in August 2004 as core intermediate goods yoy gains peaked in January.

 

[mlk_man]

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mlk_man wrote:

I thought about jumping back into the S fund today because the market has been recovering quickly from down days lately, but I'll wait for a signal to be generated. Not waiting on a buy signal has gotten me into a lot of trouble this year with my TSP this year because of the early deadline and trying to guess were the market will end up for the day.

I'm sitting at 50G and 50F right now and the AGG appears as if it'll end down for the day so I'll put the other 50 into it and hope it's up tomorrow. I'm thinking we might get the penny early tomorrow but who knows.Could pay out Monday for the 7th time in a row.

100% F fund for tomorrow.

Good luck all,

M_M

From the looks of futures this morning, I probably should have followed my first instinct. :* Oh well, today will probably only put us back to where we were on Wed. Ifthings stays up, I'll most likely be jumping back into the S fund on Monday. Also, if bonds are up today, I'll be going to the G fund before the deadline.

Good luck,

M_M

Hey Pyriel, since I've been doing the tracker, I realize how big of a"pain in the butt" I've been this year...........I'll be doing a lot less moves next year.................

 

[mlk_man]

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Hmmm, wonder who Rolo is talking about at that other place................what did he use to tell me? Get over it? o

Thanks to the person who pointed it out to me, needed a good laugh! :^

My Cowboys took a good shellacking yesterday. Bad part about being a Cowboys fan and living around DC is I have to go to work today.

 

[mlk_man]

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mlk_man wrote:

Monday may be the day to jump back into stocks. If we can get decent PPI numbers, it may be the catalyst to drive us into the Santa rally. But who knows..............:shock:

I'll most likely be going back into the S fund this morning. I was hoping for one more big sell off day but we may not get it. Of course it could come tomorrow. We seem to be putting in a base so I'm gonna be brave and not wait for a signal change to get back in. Must be the "gambler" in me. :^

Of course I'm also considering the I fund. If I do and you are in it now, you might think about abandoning ship...................

 

[mlk_man]

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Soldat wrote:

HAHHAHAHA, strength like a shopping cart eh? ANd its "Soldat" like german for soldier? Ya dig?

Now I get the comments in the I fund thread. Forgot all about your posts here. Guess I have a lot of things on my mind. Nope sorry, you're not one of them............

 

[mlk_man]

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Well, we finally got the pull back I was looking for. It also brings the S&P down to what I believe is a support level at 1260. This is good. Now if it'll just play along and end up tomorrow, I'll be content. If the S&P drops below 1255, I'll probably run for the hills. Futures are up slightly this evening so we'll see.

Good luck,

M_M