nnuut's Account Talk

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YES, come down slowly is best, but the market doesn't always play like that. When the profit taking begins it begins with a vengeance and continues until all of the bulls get the heck out! CP will be in effect, what would you do?:cool: View attachment 2393
 
Darn computer just wiped out a Better response that I was preping on CP question that you asked about.
To make long story short: 1st a Warning: Kids don't try this at home. I'm new at all this!

1st: I have planed and positioned portfolilio contrary to many experts on this Board - I'm hoping our uncle Ben send the sloths on the Hill a nasty message [again] - that being another 50/50 rate cut! I realize the effect this would have long-term, but the sloths need shaken frm their complacency! I don'y think they have a choice, and should be able to deal with/fix the problems this creates later.

2nd: If oil correction actually does coincide with rate cut day, I'd say that this may be beyond coincidence! (In other words, planned!)

Nuts, maybe, but Uncle Ben has shown before a willingnes to surpise us, and also wiling to "shake the tree", hence my predidction. Now oil just adds an aditional factor - maybe creating a "perfect storm". Should be fun to watch, whatever happens! Of course, Ill be watching oil prices in the morning intently - and for the results at 1415, to then decide what to to for Thurs.
 
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hessian, sounds like a plan to me, but you better decide on which way to go before 14:15, that is past the deadline for Thursday. Best of luck, just a guessing game I'd say!!:D
 
25% "C", 45% "S", 30% "I" COB today. Moving some out of the "I" to the "C" and "S", Maybe one more day:cool:.
 
car crazy said:
i took a couple dusty pics of my 32 chevy now if i can figure out how to attatch in the morning i will send you a copy:D:cool:
Click to expand...
hey Nnnuut's she still runs 60 ponies under the hood 3 on the floor she's my little duece coupe, hope to make enough here to overhaul ,:Dwishing chip foose would come still her and fix her up for me have 99% of chrome in boxes but will need replated
 
hessian said:
Of course, Ill be watching oil prices in the morning intently - and for the results at 1415, to then decide what to to for Thurs.
Click to expand...

Hey Nnuut,
You're right of course, what I meant to say was ...to then decide what to do on Thurs, for Fri.

Anyway, its 1255 now, and oil has been holding -back at its previous level:(, so, it doesn't seem hoped for correction for oil is happening yet, so this isn't helpful for arguement for a another big surprise rate cut, but markets so far are stil acting nicely. Beginning to wonder, even if they decide that "no cut is needed at this time" - that market might just continue unphased (where we'll all be fine!) This outcome will greatly depend on what statement comes out with whatever move they make.

One thing the Fed knows, as I understand this) is that cuts today take up to 6 months to have any [real] growth effects. In other words, cuts today would be meant to help 4 to 6 months from today! Depending what they they do, I expect something of this nature will be a main part of any statement they make (especially if they come with the big surprise).:suspicious:
VR
 
Dow
up_g.gif
0.90% Nasdaq
up_g.gif
1.38%
We're on the rise, if it holds expect that +FV you were counting on!!!
 
nnuut said:
Dow
up_g.gif
0.90% Nasdaq
up_g.gif
1.38%
We're on the rise, if it holds expect that +FV you were counting on!!!
Click to expand...

Hey Nnuut,
We're definitely doing the funky chicken dance today, for sure!
Its also been really nice shooting the bull with you (only figuratively speaking), as we want to see that bull keeping on running!

I've a newbie question, desiring to learn/understand - what is the +FV you mention above? I haven't really caught on to this concept fully yet. I think it must mean that if today continues and closes higher, then tomorrow has a positive bias for continuing upward. Is this correct? Also, does it apply for USMs, as well as for what I've read of folks trying to predict next day moves in OSMs?
Sorry for having to ask.:embarrest:
VR
 
Hi Nnuut,
Wanted to thank you for pointing me to the FV links. Sorry for bothering you with that. I'd agree, may be good idea to somehow make those links easier to locate.

On oil, perhaps the most immediate economic roadblock - any thougts today's new highest price ever? Last night 12% said we'd see $100/barrel shortly (just because we're so close). Its hard to argue w/ 12%!

Q: There's gotta some point that breaks the camels' back - Do you think $100 could be it, as a psychological level? We know OPEC has interest in NOT seeing prices anywhere near where they are (due to rekindled focus on alternative energy).
Thanks again!
 
100% "F" COB Today. Frog pond for me today. Let the markets decide which way they are going.:confused:
 
Yeah a GREAT TIME for the NYSE to remove the circuit breakers that have been in place sense 1987 (I think 1987). Ah, couldn't be, but I was shakin'?:worried:
Tomorrow SPX support at the 200 day MA 1481.
 
I wasn't counting on the Jobs numbers looking good this morning, Oh well?
Who's been cooking the books?:confused:

Jobs growth picks up

Strong gain in October payrolls is more than double what was expected; unemployment remains steady at 4.7%.

November 2 2007: 8:51 AM EDT

NEW YORK (CNNMoney.com) -- Employers added more workers to payrolls in October, according to the government's closely watched jobs report that showed the labor market significantly stronger than Wall Street expectations.
There was a net gain of 166,000 jobs in the month, up from the revised 96,000 increase in September, the Labor Department said Friday. Economists surveyed by Briefing.com had forecast an 80,000 increase in the period. [more]
http://money.cnn.com/2007/11/02/news/economy/jobs_october/index.htm?postversion=2007110208
 
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