nasa1974's Account Talk

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Who knows what will happen in the last hour and forty-five minutes of trading. But after the initial drop the CS&I have been trading in a channel. That could be a good thing come the end of the day. Volume early was pretty good so if we see a pick up in volume end of day I don't think it will push the C&S funds into positive territory but could set us up for a nice run Monday. Good luck everyone.
 
Sorry folks I have been sleeping at the switch. The FRTIB has been lax at posting their meeting minutes and I just noticed this morning that sometime over the last week they have posted both May and June meeting minutes. They posted April's meeting minutes back around June 21st. Talk about being timely. I have not read the postings yet so I can not respond. Anyway here are the links.

MAY 2010 http://www.frtib.gov/pdf/minutes/2010May.pdf


June 2010 http://www.frtib.gov/pdf/minutes/2010Jun.pdf
 
Just finished reading May's meeting minutes. I didn't realize that the Board has an anti-alienation provision. In short that means they are preventing the IRS from taking your TSP money because you have not paid your federal taxes. The IRS is trying real hard to get that provision overturned. Interesting read. Is this something we might want to get involved in?????
 
OK! The June meeting minutes where short and ho hum. Other than what we already knew, that May was a bad trading month. :rolleyes:
 
Today pretty much like last Friday. CS&I been trading in a tight channel. How will the day end? Hopefully on or near the positive side of things. Good luck everyone.
 
Yesterday almost finished on a great note. I don't know what happened about 3 o'clock but dang!!

Today is going to hurt.:sick: Looking like we are going to give back everything last Friday gave us and then some. :mad:
 
This isn't a correction. We are heading towards a panic sell off. But where is the money going, because the F fund isn't doing anything either.
 
This is the typical pattern we've had over the last eight months - nothing has changed when you deal with an emotional fear and panic. Let'em sell to their hearts content - they'll be back to do panic buying. I'll wait for the next leg up that could start tomorrow if the pattern rhymes.
 
Birchtree said:
This is the typical pattern we've had over the last eight months - nothing has changed when you deal with an emotional fear and panic. Let'em sell to their hearts content - they'll be back to do panic buying. I'll wait for the next leg up that could start tomorrow if the pattern rhymes.
Click to expand...

Bull manure thru and thru. :D
 
GUCHI said:
only the third, DAMMMMMMMMMMMMMM ! it hurt like it was the worst.
Click to expand...


GUCHI, It felt like the worst but that honor belongs to May 20th with second place coming in on June 4th. :mad:

Let's hope we see some upswing over the next few days. Not holding my breath but it would be nice for a little recovery.
 
I thought yesterday was alittle over the top. A wee bit of panic set in. Looking at the futures I don't believe they have gotten over their fear.:worried:
 
Nuts video didn't attach. :mad:


Fear Growing on Stock Exchange Floor


NEW YORK (TheStreet) -- Measurements of fear are increasing causing Doreen Mogavero of Mogavero Lee to be even more pessimistic.
Thu 08/12/10 13:44 PM EST -- Debra Borchardt
 
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