nasa1974's Account Talk

[nasa1974]

Well yesterday didn't take away as much as I thought it would, but today is shaping up to do just that and more.

 

[JTH]

Well yesterday didn't take away as much as I thought it would, but today is shaping up to do just that and more.

I feel for you buddy, but it may not be as bad as it seems just yet. As of late I've noticed if we start the day strong (either direction) the market tends to correct by days end.

 

[nasa1974]

I feel for you buddy, but it may not be as bad as it seems just yet. As of late I've noticed if we start the day strong (either direction) the market tends to correct by days end.

The strange thing about the current market is it doesn't react normally.
The FEDS have so-so news yesterday and the market jumps. Then it looks like a panic sale starting around 2:30. Profit taking??? Maybe.
Today the market reacts to lower home sales for August. They panic sell on the headline instead of reading the article and understanding why.
Maybe we can have a mediocer finish for the month and have some profit.

 

[nasa1974]

Four trading days left in September and now I am getting nervous. Last week was the first time I was on the positive side of the tracker and yesterday dropped me back to the negative side of the Force. But the good news is that I am still positive for the month in my real world. :nuts: Not by much but still positive. Let's hope I can stay positive through the end of the month. Good Luck everyone.

 

[mayday]

Four trading days left in September and now I am getting nervous. Last week was the first time I was on the positive side of the tracker and yesterday dropped me back to the negative side of the Force. But the good news is that I am still positive for the month in my real world. :nuts: Not by much but still positive. Let's hope I can stay positive through the end of the month. Good Luck everyone.

Nasa: Don't fret there is a lot of bearish sentiment in the market, bulls love it. You might have lost a little this week, but the market could give us a jolt next week.

I'm thinking of getting my feet wet.

 

[JTH]

You have a 1045 entry point and thus far today 1045 is holding as support. I guess it depends on what you think this market will do at 1040. The dollar still has some rise left in it before it hits ubber resistance, so your I-fund can take some more hits too. The F-fund looks to be pushing to new highs as well.

Based on $TRAN, I think $SPX has more weakness yet to be revealed, but that's my opinion.

 

[mayday]

You have a 1045 entry point and thus far today 1045 is holding as support. I guess it depends on what you think this market will do at 1040. The dollar still has some rise left in it before it hits ubber resistance, so your I-fund can take some more hits too. The F-fund looks to be pushing to new highs as well.

Based on $TRAN, I think $SPX has more weakness yet to be revealed, but that's my opinion.

It was your awesome charts that steered me into the market today. Thax

Dollar & transportation can turn Monday. I do have a retreat option into the G-arbage fund by Tuesday if my decision to enter the market does not pan out.

 

[JTH]

It was your awesome charts that steered me into the market today. Thax

Dollar & transportation can turn Monday. I do have a retreat option into the G-arbage fund by Tuesday if my decision to enter the market does not pan out.

Well you're braver then I am, but I'm the type that hates to try and pick bottoms & tops, and perfer to play the middle. I'm glad to see we bounced off 1040. My hope is we trade sidways from here, then head back up just after I get my IFTs reloaded.

 

[mayday]

Well you're braver then I am, but I'm the type that hates to try and pick bottoms & tops, and perfer to play the middle. I'm glad to see we bounced off 1040. My hope is we trade sidways from here, then head back up just after I get my IFTs reloaded.

Nasa: Thanks for letting JTH and I babble on your thread. Last half hour is looking flat, but we did bounce off that 1040 level I was anticipating. I didn't want to waste a trade this month. The day has been pretty volatile.

As long as you can sleep at night without regret. Good Luck

 

[PessOptimist]

Re: space shuttle (in Airplane II)

Just noticed my wife is watching Airplane II, claims she has never seen it before.

That brought up a question in my mind that you may be able to answer based on your on line name.

Were there backup 58 Edsels to start the shuttles, just in case? If so how many? Did difficulty in finding these Edsel's have anything to do with phasing out the shuttle program?

Inquiring minds want to know.

Dave

 

[nasa1974]

Re: space shuttle (in Airplane II)

Just noticed my wife is watching Airplane II, claims she has never seen it before.

That brought up a question in my mind that you may be able to answer based on your on line name.

Were there backup 58 Edsels to start the shuttles, just in case? If so how many? Did difficulty in finding these Edsel's have anything to do with phasing out the shuttle program?

Inquiring minds want to know.

Dave

All the cars are parked in a special designed garage below the shuttle launch pad. I do not remember how many Edsel's where available but the number has been reduced to the point that it is responsible for the retirement of the space shuttle. It was determined many years ago in a special blue paper that the 58 Edsel was the only car that could provide the needed backup support.

 

[nasa1974]

GovernmentExecutive.com


http://www.govexec.com/story_page.cfm?articleid=43673&dcn=todaysnews

House passes stopgap bill, deal reached

By Humberto Sanchez CongressDaily September 25, 2009

"The House on Friday approved stop-gap legislation that would fund federal government programs through October as part of the $4.65 billion fiscal 2010 Legislative Branch Appropriations bill.
The package, which passed 217-190, is expected to be considered by the Senate on Tuesday, one day before the fiscal year ends. The continuing resolution is needed to give Congress additional time to finish all 12 of the annual spending bills.
The package passed despite GOP criticism about including the continuing resolution in the Legislative Branch Appropriations bill, which funds congressional operations -- a move they contend reflected skewed priorities........."



http://www.govexec.com/story_page.cfm?articleid=43670&dcn=todaysnews

Committee leader scales back proposal to end FEHBP

By Alex M. Parker aparker@govexec.com September 25, 2009

"The health care bill the Senate Finance Committee is debating contains a modified version of a Republican amendment that would end the Federal Employees Health Benefits Program.
The scaled-back language -- added to the underlying legislation by Finance Committee Chairman Sen. Max Baucus, D-Mont. -- would allow, but not require, civil servants to leave FEHBP for state-based health care exchanges starting in 2013. Representatives of Sen. Charles Grassley, R-Iowa, the sponsor of the original amendment, said they still plan to push the stronger language.
"The amendment follows work that Sen. Grassley has done for a long time in seeking to have Congress live under the laws it passes for the rest of the country," said spokeswoman Jill Kozeny. "The amendment hasn't been withdrawn because the chairman's modification doesn't accomplish what the amendment seeks to do.".........."

 

[nasa1974]

Here are two more articles that I thought was interesting.


GovernmentExecutive.com


http://www.govexec.com/story_page.cfm?articleid=43685&dcn=todaysnews

Bill could offset Medicare premium increases for federal retirees

By Alex M. Parker aparker@govexec.com September 28, 2009

"The House last week overwhelmingly passed legislation that supporters say will save money for thousands of federal retirees facing a potential increase in their Medicare Part B premiums.
The 2009 Medicare Premium Fairness Act would affect many retirees under the Civil Service Retirement System, who do not receive Social Security payments since CSRS was designed to be equivalent to the Social Security system. According to the bill's sponsors, those retirees, as well as others retirees in local government and the private sector, could see premium hikes of $110 to $120 per month for Medicare Part B, which pays for outpatient health care expenses such as doctor's fees.
The bill was introduced on Sept. 23 in response to estimates that there will be no cost-of-living adjustments in 2010 for Social Security payments. Under current law, most Medicare enrollees are protected from any Medicare Part B premium increases beyond Social Security cost-of-living adjustments by a "hold harmless" provision. But that protection does not include those outside the Social Security system or the thousands of others who do not have their Medicare premiums deducted from their Social Security payments............"

http://www.govexec.com/story_page.cfm?articleid=43678&dcn=todaysnews

From Nextgov.com: Obama administration unveils Recovery.gov makeover

By Aliya Sternstein asternstein@govexec.com September 28, 2009

"The Obama administration debuted on Monday the much-anticipated overhaul of Recovery.gov, featuring sophisticated pictorial representations of spending data, advanced search functions, multimedia tutorials and some downloads........"

 

[nasa1974]

Looks like it is going to be another one of those roller coaster days in the market. I like amusement parks but this is getting ridicules.

 

[Buster]

Looks like it is going to be another one of those roller coaster days in the market. I like amusement parks but this is getting ridicules.

I appreciate it, if you didn't ridicule the markets

 

[nasa1974]

I appreciate it, if you didn't ridicule the markets

LOL

Someone has to.

 

[nasa1974]

Here are the October returns from 1995 to 2008. If you subtract the 2008 numbers October looks pretty good with the "C" and "I" funds being the leaders.

 

[JTH]

Here are the October returns from 1995 to 2008. If you subtract the 2008 numbers October looks pretty good with the "C" and "I" funds being the leaders.

Love it, thanks for the heads up!

 

[nasa1974]

The way the market is bouncing around today you need a good pair of sealegs and a strong stomach.

 

[CapeChem]

Nasa...just for clarity...on your spreadsheet those are not average returns over the time....they are summations of returns....I got your point though and agree.