nnuut's Account Talk

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whatever you do, DO NOT pick up another cigerette!

One puff (even after years of not smoking) is enough to get the monky on your back again... sure you already know that though.

Hang tough!
 
Man, lots of Support here at TSPT, WOW! Yep, can't eat that much pasta again, but I'm a bad boy always have been, just got to stop the CRAZINESS!!
Thanks for the help Folks.
Norman
Monkeys, Monkeys I hate Monkeys, You have Roaches and you think that's bad, Ha! have Monkeys!
This helps some!!:D
View attachment 3638
 
WOW! RALLY RALLY!!:D Wait for me!!!:(
Bank stocks: April Fool or the real deal?

On the first day of the second quarter, investors are shrugging off bad news from the financial sector and are accentuating the positive. Is the worst really over?

By Paul R. La Monica, CNNMoney.com editor at large
Last Updated: April 1, 2008: 12:21 PM EDT

NEW YORK (CNNMoney.com) -- It's another gloomy day for the financial services industry.
UBS (UBS) and Deutsche Bank (DB) are reporting more multibillion dollar subprime-related writedowns .Lehman Brothers (LEH, Fortune 500) needs to raise $4 billion to quell credit concerns. Legg Mason (LM) is talking a nearly $200 million charge to bail out a struggling money market fund. And National City (NCC, Fortune 500), hit hard by the mortgage meltdown, has hired Goldman Sachs to shop it around.
TalkBack: Is it foolish to buy bank stocks now?
Wait..there's more! Goldman Sachs slashed its earnings estimates on Citigroup (C, Fortune 500) and Merrill Lynch (MER, Fortune 500) Tuesday morning due to expectations of more credit writedowns. And Morgan Stanley analysts in London wrote in a report that "the industry is facing the most severe investment banking crisis in 30 years." Ouch!
But I'm sorry. Did I say it was a gloomy day for banks? April Fool! For some reason, investors are treating this latest round of bad news as a good sign...a possible indication that the worst may soon finally be over for the beleaguered financial services industry.
Shares of the Switzerland-based UBS surged more than 11% Tuesday morning in trading in New York while Germany's New York-listed Deutsche Bank shares rose 3%. Lehman's stock shot up nearly 10% and Legg Mason gained 2%
National City gained more than 4%. Citigroup and Merrill Lynch, despite another earnings haircut, soared 7% and 9% respectively.
So is this it? Now that the brutal first quarter is finally behind us, is it time to move forward and proclaim that the credit crunch is history?
To be sure, there is some legitimately good news to be found in Tuesday's bleak bank headlines.
In the case of UBS, investors appear to be focusing less on its $19 billion in additional writedowns and more on the fact that the company is planning to raise $15 billion from a sale of new stock. In addition, the company's embattled chairman, Marcel Ospel, is stepping down.
The UBS news, combined with Lehman's decision to sell $4 billion in convertible preferred stock, could be interpreted as a sign that both banks will shore up the necessary amount of cash on their balance sheet to avoid becoming the next Bear Stearns.
And if National City can find a buyer, that could be the start of healthy consolidation that is sorely needed in the banking industry. (I define healthy consolidation as a bank merger in which the Fed doesn't have to guarantee to cover $29 billion in losses in order for the deal to go through...and at a fire-sale price to boot!)
But declaring that the worst is really over might be a bit, dare I say it, foolish. [more] http://money.cnn.com/2008/04/01/markets/thebuzz/index.htm
 
Why do they all have to buy on the same day? 3.5% I think this is a little bit of overkill!:laugh:
 
DennisFAA said:
Like I was saying..

8ball1.gif
Click to expand...
Why do you guys always know what is going to happen and I never do? Amazing!!:cool:
 
getting the fever friday friday friday, is almost here and i can almost smell the smoke finally have the ole heap a going and sounds like she is ready to kick some ford a$$ well we hope :D heres hoping i win at least some gas money back and maybe a change of oil:laugh::blink::laugh:
 
Hello folks, I'm posting this just to give another take on the reasoning for TSP's thinking for taking the action they did concerning IFTs. I really think they saw how popular TSPTALK and any other services that were teaching TSP Members how to handle their money sense the BUY AND HOLD method of investing is no longer the way to handle investments. Then there were 3000 traders it makes sense that when the word gets out there could have been 10,000,000 traders doing what we are doing and it scared the hell out of them. Think about it, everyone following Ebbenflow. How much would that cost to do a NO BRAINIER? They Panicked and Nipped it in the Bud! I don't think it would have ever grew to that magnitude but I'll bet they did, why else, you know this is an overkill?:cool:
 
pffftt... i couldnt PAY most of the people i work with to even learn about this site... much less ebb etc.

seriously!

:mad:
 
You know that MONEY TALKS!! If I could show my coworkers that I made 25% so far this year I think they would listen! Members would be managing their retirement funds at record numbers if we could consistantly get GREAT RETURNS. Then how many IFTs would be submitted per Month? How much would that cost the other poor members that let their money ride the wall of worry and lost in the deal? If 3000 costs MILLIONS of dollars how much would 5,000,000 traders cost a Month? They over reacted and I think this is their hidden agenda. And, naturally as any Good Used Car Salesmen knows PRICE HIGH then if you come down a little they think they got a great deal, when actually you got the price you wanted in the beginning. They might come off the 3 IFT limitation, or give us a little something but that was probabaly their goal in the first place.:cool:
 
Looks like to me, next week should trend down due to the Jobs Report affirming that Recession is here and may be worse than thought. Might have been a good time to move to the "F", but I played it safe and am looking for the "G" Penny. I think it's down unless the FED throws us another BONE and turns it around. No matter which way it goes it will probably be impressive.
View attachment 3665
View attachment 3666
 
nnuut said:
Hello folks, I'm posting this just to give another take on the reasoning for TSP's thinking for taking the action they did concerning IFTs. I really think they saw how popular TSPTALK and any other services that were teaching TSP Members how to handle their money sense the BUY AND HOLD method of investing is no longer the way to handle investments. Then there were 3000 traders it makes sense that when the word gets out there could have been 10,000,000 traders doing what we are doing and it scared the hell out of them. They Panicked and Nipped it in the Bud! I don't think it would have ever grew to that magnitude but I'll bet they did, why else, you know this is an overkill?:cool:
Click to expand...
Nnutt, I think you are right on. Seems to me I read a comment awhile back somewhere on line, FRTIB minutes or something, where one of them (Long, Ray, somebody similar) said almost exactly that-referring to concern about the potential for huge increase in annual management costs based on "what if" more and more people started to do big account moves in and out frequently with I fund, and it didn't just stay limited to "the few, the brave".
 
Still 100% "G", if the Markets continue downward toward the 20 MAs I may jump in to catch the Bounce? This will probably be COB tomorrow. Next week we have the CPI and PPI and those always have the potential to move the markets.
I hate this 3 move limitation, if I could I would take all my dough out and transfer to a ROTH. Gotta send some more FAXes today, I'm fax tired!:D
 
I think I'll wait at least one more day on this one? Might be time for a bounce, but you never know? Pluck Pluck!!:worried:
 
Well the Market seems to be bouncing off of the 50 EMA in the SPX. Is this the bounce or will it break through to the downside, who knows. Only one hour to the deadline, if this is the rebound to the upside I should have been in today, that's usually the way it goes with me. Just have to wait and see.View attachment 3695
 
20% "C", 25% "S", 55% "I" COB today. My 1st EFT this month!! If US Markets continue up the "I" should follow tomorrow.:worried: I know, "a sucker bet"!:sick:
 
Man! Where did this come from???:confused: See what happens when I come out of hiding!:worried:

GE may bring bad things to stocks

Disappointing earnings from corporate bellwether raises new worries about financial sector, takes stock futures sharply lower.

Last Updated: April 11, 2008: 7:29 AM EDT

NEW YORK (CNNMoney.com) -- Stocks were set to tumble at Friday's open as corporate bellwether General Electric posted disappointing results that raised new worries about problems in the nation's financial sector.
Stock futures were pointing to a lower open for U.S. markets. They had been pointing higher before the shocking report from GE (GE, Fortune 500) at 6:30 a.m. ET sent them tumbling.[more]
http://money.cnn.com/2008/04/11/markets/stockswatch/index.htm
 
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