nnuut's Account Talk

[nnuut]

If Repubs do good in the election and take the House, stocks up if not stocks down.
Don't forget FED Speak Wednesday.
Do you feel Lucky Punk?:nuts:

If Republicans Win on Tuesday, Stocks Will Go Up

By John Lott
Published October 31, 2010
| FoxNews.com
The economic outlook is bleak. Businesses aren't hiring and the economy has lost 400,000 jobs since May. Unemployment has remained at least at 9.5 percent for 14 months, A record length of high unemployment not encountered since the Great Depression. GDP is growing but the growth is slowing. Consumer confidence is falling; the dollar is falling; the real estate market remains in a slump. And the Obama administration has overseen the 2009 and 2010 deficits at unprecedented levels, accumulating over $2.7 trillion during just two years. [more]
http://www.foxnews.com/opinion/2010...licans-congress-economy-outlook-unemployment/

 

[nnuut]

IFT COB Today 100% "S"
Either way the Market is going to react to the Election and FED announcement, which way it goes I don't know, who does?

 

[nnuut]

Changed today's IFT to 50% "S" and 50% "I"
Indecision is all over my brain!

 

[Birchtree]

I wish being a house husband would give ME that kind of courage.

 

[Birchtree]

Never mind, you reduced your 100 S position - hedging is smart in this market.

 

[kar_crazy]

beer deer chilli in my office stop on by

beer and deer jerky hic:embarrest:

 

[nnuut]

I wish being a house husband would give ME that kind of courage.

Never mind, you reduced your 100 S position - hedging is smart in this market.

Actually I was 50% "G" 50% "S", due to a high probability that the dollar will break to the downside the change to 50% "I" and if the Conservatives make a good showing tonight the markets should peak up 50% "S". It's a gamble and a bunch of fun!

 

[nnuut]

beer and deer jerky hic:embarrest:

I'm on my way but have to be home tonight to play homage to the the Repub's Cramming it down the Dem's throats.

 

[GUCHI]

nnut

not so fast my freind! the fat lady hadn't sang yet!!!

 

[nnuut]

If you wait for her to sing it will probably be too late. Much of this may already be phased into the market and may not last for long, beware of sell the news.

 

[GUCHI]

nnutt

i have been in since to long to remember, over 3 years and dcaing all the time, let it roll. up that is !

 

[nnuut]

Probably making much more than I am?

 

[nnuut]

Still 50% "S" and "I".
Nice bounce today on FED SPEAK, but I've seen this before and usually we get a corresponding down after the bounce, not every time but most of the time. I used one IFT this Month and if I move out today I'm stuck [DAMN 2 IFTs a Month!!], so I'll stick and take the hit if it comes. We are Over Bought big time, I just hope to see the TOP [which is almost impossible to do] and get out before the BIG DROP?
Best of luck!

 

[BamaAF]

Agree -- I'm in same boat, but I chickened out and sent 50% back to the G-arage

Still 50% "S" and "I".
Nice bounce today on FED SPEAK, but I've seen this before and usually we get a corresponding down after the bounce, not every time but most of the time. I used one IFT this Month and if I move out today I'm stuck [DAMN 2 IFTs a Month!!], so I'll stick and take the hit if it comes. We are Over Bought big time, I just hope to see the TOP [which is almost impossible to do] and get out before the BIG DROP?
Best of luck! View attachment 10155

 

[kar_crazy]

Still 50% "S" and "I".
Nice bounce today on FED SPEAK, but I've seen this before and usually we get a corresponding down after the bounce, not every time but most of the time. I used one IFT this Month and if I move out today I'm stuck [DAMN 2 IFTs a Month!!], so I'll stick and take the hit if it comes. We are Over Bought big time, I just hope to see the TOP [which is almost impossible to do] and get out before the BIG DROP?
Best of luck! View attachment 10155

G L , Norm hope you bring in the big bucks, then maybe i can shoot one of them :laugh::suspicious::blink:

 

[FogSailing]

On the one hand, "sell the news" has taken this market quite high. On the other hand, it has gotten very very bullish out there. I'm starting to get that "consolidation" feeling...:laugh::notrust:

Still 50C, 50S

FS

 

[nnuut]

Tomorrow is a big day on the economic calender and I hope the numbers come in on a positive note. I really think the Admin. is jerking the numbers around to make "THE RECOVERY":laugh: look better and the Market should continue up on the juggled numbers!! Don't pay attention to what I'm doing I'm usually WRONG!!:embarrest:
Possibly some profit taking this afternoon.

 

[nnuut]

About tomorrow!
3:00 pm : Only an hour remains before trade closes for the day. Participants that return tomorrow look forward to the latest monthly payrolls report, which will be released Friday morning before the open.
http://finance.yahoo.com/marketupdate/overview?u

 

[nnuut]

How about that? Jobs Report Positive!
BREAKING
NEWS
U.S. economy gained a net of 151,000 jobs in October - best figure since May, and private sector gained 159,000 jobs, U.S. says.
http://money.cnn.com/

 

[nasa1974]

How about that? Jobs Report Positive!
BREAKING
NEWS
U.S. economy gained a net of 151,000 jobs in October - best figure since May, and private sector gained 159,000 jobs, U.S. says.
http://money.cnn.com/

Not great, but like you said positive. Now do we see the market sell the news or reach a new high?