mlk_man's account talk

[mlk_man]

Changed my mind, going 50% G, 25% S and 25% I funds. We should get the penny either tomorrow or Wed. Have to ask "The Great Cognac" to be sure.

 

[Birchtree]

I haven't changed my mind - staying right where I'm at with 100% C fund.

Now I got a pretty good hair cut last week and no one has leaned on me yet.

Some are just slow to acknowledge uptrends - which is natural. Too soon to get out - no panic emotion.

Dennis - permabull #1

 

[mlk_man]

Does it look like this?

Or this?

:nuts:

 

[mlk_man]

Whew, fighting all these ducks is getting tiring.................

 

[mlk_man]

I do believe we may be getting ready to go back up that mountain. My indicators are leaning that way but there was a high volume sell off on the S&P right at the tail end of yesterday so that's a wee bit concerning. I still like the odds though.

All aboard!!!!!! :blink:

 

[Show-me]

Choo Choo!

 

[mlk_man]

BREAKING
NEWS Housing starts reported to be 1.85 million in April, lower than analyst projections of 1.95 million. Core PPI lower than expected.

 

[mlk_man]

Good day to buy I think. I would of bought some I fund but it didn't dip till after 11 so decided to wait. Probably buy some tomorrow.

I just recieved my confirmation from yesterday at 11:30 am EST today.

 

[mlk_man]

. We should get the penny either tomorrow or Wed. Have to ask "The Great Cognac" to be sure.

Doesn't really take crystal balls after all.............:blink:

 

[mlk_man]

Ut oh, core CPI up .3%......................

 

[mlk_man]

Good lord, I hate venturing outta my own thread these days............

Looks like I was a day early with the stocks. Once again I try to predict the market and once again it bites me in the buttocks.

If you're not today, congratulations, so far anyway. You may want to consider jumping in today because I got a buy signal after yesterdays close.

Happy returns,

M_M

 

[mlk_man]

BTW, I also got a long term sell signal after yesterday but since I also got a short term buy signal, that position will stay long for now.

 

[Pilgrim]

BTW, I also got a long term sell signal after yesterday but since I also got a short term buy signal, that position will stay long for now.

In the system you are using, what kind of time frame is "long term" and "short term"???

 

[mlk_man]

Short term averages around .7 moves a week, long term about .75 moves a month. Depends on the market of course.

 

[mlk_man]

Ah heck, I'm feeling confident and will stick with 100% S...........

 

[Spartan]

Fortune favors the brave.

I believe that was Virgil. He died of a fever in Greece in 19 B.C.

100% I fund here. Lets be the bulls, soon the others will get the horns. I have a few years left in me.

 

[mlk_man]

Today makes my feel like Vern...........:blink:

Well, if we weren't oversold before, I bet we sure are now!!

Hopefully tomorrow we see another Feb 14th.........

 

[mlk_man]

This is interesting. This is a 5 year chart of IWM versus GRZZX, which is a short fund. Today will make the gap between the two at it's largest since the 4th quarter of 2002 when the markets started coming back up. Hopefully the reverse doesn't happen, but you never know...........:nuts:

 

[mlk_man]

Hmmm, looks like someone might owe be a nickel today............

 

[dell]

Re: mlk_man account

Treasury Secretary says he is going to work to strengthen the USD. What is it you find attractive about the I fund at present?

Thanks