mlk_man's account talk

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MarketTimer wrote:
Milk,

Read what you write. I believe that is the problem.

I was in S fund all last week until Friday when I was 100% G fund and didn't take the hit others did. But, you say I'm wrong. Okay, hope I'm wrong a whole lot more.

That means you switched to G fund on Friday.


Perhaps you should read others comments. Or better yet, shut up and listennn. This from my account forum. Once again, making comments so suit your own needs. Got a new nic for ya, "flip-flopper"

Kissssss, luv ya man. Now go away...............




Posted: Thu Sep 2nd, 2004 11:23 am





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Going 100% G fund this morning to be effective Friday morning.
 
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MarketTimer wrote:
Milk,

Heart rate getting pumping??? Hey buddy I do not want to piss you off.

I wish you luck in the G fund.

I am trying to listen to Greenspan and want to pop my eardrums out. I think he is saying good things.

I will not question your methods. Last week was a crazy week. I think I called it X Files stuff.

I hope you have a great week and do not ignore me.

Just be careful getting back in the indexes at this time of the year. It may be an election year but mutual funds want to take losses to offset their gains and get the crappy stocks off their list of holdings. Happens every year.

Good luck!
MT
Once again, mr. flip-flopper!! So you advising people to jump in or stay out? You keep switching!!!!!!!
And no, my heart-rate is not pumping, at least not because of you. I just hate seeing someone like you come in here and try skeer the crap out of people then say" oh I expect a big rally for the rest of the year". Then you say" be careful getting back in" Are you bi-polar? Would make a lot of sense............
I''m out, enuff time has been wasted on you. You owe me.................
Oh by the way, my returns are documented, yours? Oh that's right, you've been G all year till now because the market looks ripe for a rally......... LOL
 
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I just realized something, hey market_timer, you don't work for tsp.gov do ya?
 
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Thursday and Friday last week I was in the hospital so it was hard to keep you appraised of my outlook, I aplogize. All I know is I said was last Friday was going to be a down day and a RNC bouncerally this week that I am not sure how far will go. I believe there will be a rally this afternoon after Greenspan is finished and then a sell off before the end of this month. I believe we see a 5-15% bounce from the August lows at best.

I believe all I heard was "why be afraid of the job report?", "the job report will not move the market " and that is good for international markets". When I got out on 30 Aug, Intel was scheduled to provide earningsguidanceat 1300 on 2 Sep (not after the market close on 2 Sep). If I would of known that I would of hung around until 1 Sep like I stated prior to my switch based on the news that was public. Last week we caught Osama and we were getting a gang buster job report Friday morning. It is hard to make investment decisions on that kind of data.

Not sure how much I can stick my neck out for ya but there is some real calls above. Not I am up 16.8 YTD and I am up nearly 20% for the year.

My advice is to ride this little rally but be prepared to blast out on short notice.

Good luck!

MT

This is a bullish short term chart now. 30 Aug we could of turned down or turned up. I believe if it was not for the S&P 500 rebalance and rumour rally on Thursday it would of been a tough weak. Risk/reward if you read candlesticks. We have a little rally here. HEY I AM BULLISH FOR A CHANGE.

z
 
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Ummmm, why ride this "little rally" and not the previous 3 that we have already had this year and that I did "ride"?

You can find my spreadsheet in my account. Thank you very much. And anyone who actually takes the time to listen to what others are saying, knows I"m pretty good at stating my buys and sells.
 
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Milk,

No. I left fed service in 1998. Right now I am actuary for an insurance company but looking for ajob in another area.

I do like the upgrades the tsp.gov have implemented with the new service contract.

Are you AD? You are right to the point kind of person.

MT

mlk_man wrote:
I just realized something, hey market_timer, you don't work for tsp.gov do ya?
 
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This little rally Pres Bush is in front of the polls. He was trailing the other three rallies. Senator Kerry is fading from site and that will move the markets. Changing the div/cap taxes from 15% to 39.6% will lead to another 1987 crash (remember when we could not write off our credit card, car loan interest off our taxes?).

We also are above the 200 DMA that will intice the momentum investors to hop above for the ride. Also the shorts are on the side lines now and may be forced to go long to not take advantage of forward market gains. This rally has a late May 2004 feel to it. We also got a bullish candlestick signal working in our favor.

z
 
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Lots of typos :shock:on my last post. 0600 here and got to get to work or hit massive traffic.

Have a great day all!

MT
 
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Oops, well that didn't post like I wanted..............
 
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Hey MM, when do you plan to be invested?

Are you waiting on some lows?
 
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Hey Rod,

I went 50/50 I and S last Friday. I was hoping the Beige Book was going to back up what Mr Greenspan testified about that morning. Who to believe? Greenspan or the report that is promulgated from his office? Mr Greenspan says traction the Beige Book says slippage.

This morning I purchase 10K QQQs, 10K DIAMONDS and 10K SPIDERS EFTS. I believe the situation in Indonesia is a buying opportunity. I still believe we have a little rally prior to the end of the month sell off by mutual funds to clean up their annual reports. By the volumes the big guys have done nothing so far.

Have a great day!

MT
 
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Thanx MT. I may wait until next week to get invested. Or better yet, wait until Oct 1.
 
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1 Oct will be the day the mutual funds buy back the stocks they dump this month. Happens every year.

Week after triple witching the DOW is down 90% of the time this month, hint, hint!

Have a great day!

MT
 
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Rod wrote:
Hey MM, when do you plan to be invested?

Are you waiting on some lows?
Yepper, I'm 100% G right now. Next week may be good to get back in. Once again, I'll post this little tidbit for MT's sake. But don't listen to me, listen to him. He's the man.......... He's made a lot of money since Friday being invested!!!!!!!!! :P

http://biz.yahoo.com/rf/040825/markets_stocks_conventions_1.html

Note the last statement in the article........W E E K N E S S MT!!! LOL
 
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The week after triple witching is the last week of the month...this is the week that the mutual funds normally clean the dogs out their portfolios.

Milk, good call on going to G last Thursday. I should of went G Fund this Tuesday but got greedy. Oh well, down 3% is a hit but I will not stay in and take a larger hit and wait.

They RNC bounce needs viagria because it has gone limp on us :P. If you look back through history most of the election year up years come two months prior to the election. This may be a sign of a Kerry whitehouse. If that is the case 100% G fund for a long long time.

OK Milk, stop rubbing it in. Blame Tom :^.

MT
 
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MarketTimer wrote:
OK Milk, stop rubbing it in. Blame Tom :^.

MT
That damn Tom.................. :x

What ever happened to the Fro? :dude:
 
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Yeah that darn Tom and his election year stats for the month of September being a good month to be long vice the historical average of this as the worse month of all for the U.S. markets. Darn him!

:D
 
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