nnuut's Account Talk

The higher the VIX goes the better the buying opportunity - a fear gauge that denotes lower prices. Get in at 22 and out at 14.
 
I don't inter the Markets on one indicator or two, most of the time that's hoping and guessing. I learned the hard way that hoping and guessing don't work most of the time, and nothing works all of the time.
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2:00 pm : A recent bout of selling pressure has caused stocks to roll over so that both the S&P 500 and the Nasdaq Composite are in the red. The Dow is still clinging to a very modest gain. No headline or announcement has been made that can account for the sudden turn in sentiment. Most likely, though, the downturn is owed to the interest among participants to exit their positions since stocks have struggled to add to their gains today. Such action suggests that traders are still inclined to sell into the stock market's downward, rather than try to step in with a firm bid
http://finance.yahoo.com/marketupdate/overview?u
 
I say let the cluckers get out of the way - sell all their stuff - because the bus travels faster when empty. They are going to really get squeezed.
 
I think you're right on that one, when it turns around it will be fast and drastic. I have missed the whole thing before, but I'm getting a little better.:cool::laugh:
 
Tomorrows is Father's Day, I think I'll go out and buy myself something I really want while stuff is still on sale, I have 3 Daughters Ya know.boyhappy.gif
 
Thanks Kathy, too late for this year but I might try that next year, I love them to death and it really doesn't make any difference to me what they buy me, it's the precious little thought that counts. I am a lucky man!:D
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Tell us what your reasoning is for going to the S-Fund?

Thanks,

Steve
I think we are over due a run up, Gas is higher and the dollar is threatening to drop, I can't see Burntankle talking bad when he would be criticizing himself, Yesterday was the signal for me to get in but I never get in on a big uptick, should be flat to even but if the FED speaks well it may be up, the Market is ignoring Greece. Besides that I'm just board with the "G"!
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S fund on a day when Burnnaked gives a speech?!?! WOW...somebody has had a "mine are bigger" competition with Hillary and won! I think he (benny-boo) is timing his comments so our market can't respond to them for very long today. Let's see what comments the Asian markets have overnight. I am hopeful that there is good news but he is known for late afternoon bad news. If it is bad, hopefully it is priced in.
 
The Market always seems to react just prior to FED Talk and sometimes reverses after it, you never know. I've watched many times and on rare occasions it can be a surprise! I have my fingers, eyes and legs crossed.
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