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USGubmintGenEnginer

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Bears have precious little time to work some magic.

Breakout has been tested and held. A melt up can take place now, which will be unmerciful to shorts.

I must admit, I was expecting a larger coil to form. If this is all the bears can muster they must really on pins and needles.

USGGE
 
Though I agree the short term is looking better, I'm waiting for a little healthy hesitation waltz before I jump in. I don't like trying to board during a rising tide.:toung:
 
USGubmintGenEnginer said:
Bears have precious little time to work some magic.

Breakout has been tested and held. A melt up can take place now, which will be unmerciful to shorts.

I must admit, I was expecting a larger coil to form. If this is all the bears can muster they must really on pins and needles.

USGGE
Click to expand...

Okie, dokie. I'm going to up my CSI amount to 9 percent, spread even between the funds. The other 90-some % is in the G. This will be my last transfer before the 2 transfers/month kick in sometime next month. :)

I know its a desperart move but sometime you gotta due what you gotta do.
 
Appears to be settling in for some digesting prior to thursday's announcement. We'll see after that, but I cannot see another rate cut. GM's situation is adding some doubt to my views, but think I will maintain current posture & expectations.

USGGE



Timmie-O said:
Okie, dokie. I'm going to up my CSI amount to 9 percent, spread even between the funds. The other 90-some % is in the G. This will be my last transfer before the 2 transfers/month kick in sometime next month. :)

I know its a desperart move but sometime you gotta due what you gotta do.
Click to expand...
 
USGubmintGenEnginer said:
Appears to be settling in for some digesting prior to thursday's announcement. We'll see after that, but I cannot see another rate cut. GM's situation is adding some doubt to my views, but think I will maintain current posture & expectations.

USGGE
Click to expand...
What announcement are you expecting on Thursday? FED? That's tomorrow, Wednesday.
 
The Dow will go on to put in new highs if the transports take out their old highs at 5446.49. We could easily do that today on the DJTA. If the NYSE breadth MCO is able to take out the early April highs a new price objective to around 9750 level on the NYA will be placed. Currently at 9464 - strap in buddy.
 
Birch, I have a sell signal on the trannies.

Best,
USGGE


Birchtree said:
The Dow will go on to put in new highs if the transports take out their old highs at 5446.49. We could easily do that today on the DJTA. If the NYSE breadth MCO is able to take out the early April highs a new price objective to around 9750 level on the NYA will be placed. Currently at 9464 - strap in buddy.
Click to expand...
 
I haven't found that yardstick particularly consistent on the last half of the trade. Good luck tho. Trannies missed my r/p friday morning by less than 6 pts. We'll c if this is it. Typical specialist ram at eod, as usual (with the typical hype-to-trap commentary) if Monday is to be a tide down day. e.g. YHOO/MSFT. Were buyers checking out total M/C or reacting to the TH hype? Impact of the announcement was -$2.375B M/C. softie & yuhoo both in ndx/cubes but only softie in the dow. For every buck they ram yuhoo total proposed merger M/C loses $2.3B.

USGGE


USGubmintGenEnginer said:
Birch, I have a sell signal on the trannies.

Best,
USGGE
Click to expand...
 
USGubmintGenEnginer said:
Well, they got their hides tanned pretty good. LOL
Lets see what the summer has in store. This is a good time to be in something the TSP doesn't offer. Sigh.

USGGE
Click to expand...
Which is why I'm not too excited about the possibility of a TSP Roth option, I assume we aren't going to get to invest in commodities or some of the other alternate investments.
 
Silverbird said:
Which is why I'm not too excited about the possibility of a TSP Roth option, I assume we aren't going to get to invest in commodities or some of the other alternate investments.
Click to expand...
It will just be another "Barclay's basket" that they will mismanage however they please.
 
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