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Tighten your seat belt.




Stocks set to retreat

After pushing S&P and Nasdaq above key levels, investors ready to move to the sidelines.

By CNNMoney.com staff
Last Updated: August 4, 2009: 6:47 AM ET

NEW YORK (CNNMoney.com) -- Stocks are set to open lower Tuesday, a day after a rally pushed major indexes past key levels.
At 6:46 a.m. ET, Dow Jones industrial average, Standard & Poor's 500 and Nasdaq 100 futures were lower......

Economy: A report on personal income and spending comes out at 8:30 a.m. ET Tuesday. That's followed by a report on pending home sales, which is due out shortly after U.S. markets open.....

http://money.cnn.com/2009/08/04/markets/premarkets/index.htm


In my opinion if "personnel income and spending" comes in low the market will tank today. Hang on to your socks folks it is going to be a wild ride.
 
big money coming in after pullback/profit taking this morning....see the charts? they might be on vacation but they ain't asleep.;)

OH...and a BIG HELLO on this drive-by lol!
 
WOW!! You do not post for 10 days and you drop back to page three.
My wife’s sister and family where visiting from Tampa for the past week, so I took some time off.

What a roller coaster ride this week. Lost money, made money and lost money. Market giveth and the market taketh away. I sure gave back today what I made yesterday and then maybe some of Wednesday's as well.

August has always been low volume and high volatility. We were due some corrections and hopefully today was it. Let's hope next week is a good week. My understanding is that the S&P is sitting on some strong support. Fingers crossed. Have a great weekend everybody.
 
Well a handfull of members are talking about how low the furtures are looking this morning. CNNMoney.com is saying things do not look good for today. http://money.cnn.com/2009/08/17/markets/premarkets/index.htm



Stocks: Brace for a big hit

Growing anxiety about strength of the global recovery could send U.S. markets skidding at the open .

By CNNMoney.com staff
Last Updated: August 17, 2009: 7:21 AM ET

"NEW YORK (CNNMoney.com) -- U.S. stocks were poised to fall steeply Monday amid growing anxiety about the strength of the global economic recovery."
 
Well, the way the market looks right now I will be sitting on the negative side of the fence again. My real account. :mad: Dang!! Just when I liked it on the green side of zero. :nuts:
 
I sure fell like I should jump into G today but it is tough selling into a 2.5 to 3% loss. Going to tough it out for a bit. :worried: Everything crossed that I can cross.
 
Hey all,

Yesterday hurt, but we will see what the next couple of days can do. Hopefully recover all the losses and add a little more to the account. :rolleyes:

I will be out of touch for a couple of days. Moving from one office to another. So it depends when they move my computer and hook it up and get all my junk moved from my current office to the other office. :suspicious:

Good luck to everyone today.
 
Attached are the September returns. It is going to be a tough call if September will be a good month to be in the market. Last year was really bad however 2004 to 2007 was pretty good. Could use some guidance from some of the smarter members. Lets have some fun. :laugh:
 
What a month. What a week. Next week may look just like this week but right now I have some nice profit and why get greedy. Recovery is one small step at a time. I still have my toes in the water. Moved into a <1% mode. 80,5,5,5,5 GFCSI.
 
Nice strong finish to the week. Will be interesting to see what happens next week. Have a great weekend everybody.
 
Interesting day yesterday! I agree with some of the other MB members that the noon deadline is so counterproductive.
I am going to make a preemptive strike today. I will be out of touch for most of the day, going to be in a retirement seminar today and Thursday. Adjusting my percentages with the <1% move. Good luck everybody.
 
Tuff market today. It's red, no green, no red again, wait it just went green, dang red again. I am getting whiplash watching the market today. Did a <1% move today to keep the account at 78,6,5,5,6 and add a few shares. Good Luck to all.
 
Down market today. Did a <1% rebalance to maintain 78,6,5,5,6 in account. Hope to pick up a few shares.
 
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