nnuut's Account Talk

It's really not any further back up as it was down providing you hold your devalued assets and dollar cost your contributions in at the lower prices and then DCA on the way back up - the new shares that were accumulated at the lower prices will get you above even a lot sooner - that's the joy of dollar cost averaging.
 
Bounce or no Bounce, that is the Question. If we can get Oil to drop $4 it WILL feed the bounce and continue up! I think a turn around is in order, may just be a bounce, but I'll take anything I can get.:cool:
 
Would like to see a flat day today. Trying to decide to jump off the lilly pad today or tomorrow. It looks like most everyone is pointing to a strong bounce over the next couple days. Sounds short term but why not try to catch the wave and then back to the comfort of the lilly pad for the month :D Asked EW to join the tracker (making the big leap :rolleyes:). GL to all. May everyone have a safe and happy 4th.
 
Bounce or no Bounce, that is the Question. If we can get Oil to drop $4 it WILL feed the bounce and continue up! I think a turn around is in order, may just be a bounce, but I'll take anything I can get.:cool:


$4.00 is a very trivial amount when your talking over $140.00.

When the price first went over $40.00 the Markets were responding like something terrible was happening. I personally believe Bush had a lot to do with keeping the prices adjusted for awhile.

Now more and more - this has the same appearance as the Housing Sector did earlier (an ever growing bubble with no end in sight). Now this is just "a hunch" - but I'm guessing when the global economy becomes too strained by the high cost of Oil - and the Oil Industry already knows that the next Leader has openly declared "He will go after them and make them pay". I believe a fundamental shift is about to take place. They can either lower the cost NOW and prevent becoming targeted beyond their control OR face a worse situation. They would be way bettter off taking the initiative.

This will be Temporary. As demand is ever increasing and the output and supplies will only be able to maintain the current demand for so long. When supplies HONESTLY START TO DWINDLE the price will be so high that the USA will be very hard hit.
 
nasa1974, a safe Holiday to you and your family!! Great you joined the Tracker it's a very useful tool. Much economic news due tomorrow, makes me a bit worried that the JOBS numbers could cool any bounce we get out of this thing. If we break support it might be PANIC time and down we go? :sick:
 
$4.00 is a very trivial amount when your talking over $140.00.

When the price first went over $40.00 the Markets were responding like something terrible was happening. I personally believe Bush had a lot to do with keeping the prices adjusted for awhile.

Now more and more - this has the same appearance as the Housing Sector did earlier (an ever growing bubble with no end in sight). Now this is just "a hunch" - but I'm guessing when the global economy becomes too strained by the high cost of Oil - and the Oil Industry already knows that the next Leader has openly declared "He will go after them and make them pay". I believe a fundamental shift is about to take place. They can either lower the cost NOW and prevent becoming targeted beyond their control OR face a worse situation. They would be way bettter off taking the initiative.

This will be Temporary. As demand is ever increasing and the output and supplies will only be able to maintain the current demand for so long. When supplies HONESTLY START TO DWINDLE the price will be so high that the USA will be very hard hit.
Steady thanks for all of the Bad News, but you see we are use to it. No $4 isn't much but enough to make those jumpy traders SELL and start the downward trend, if the dollar bounces a little. I really think the world will work through this energy crisis in the short term, prices will back off to reasonable levels, but not as low as we would like. All we can do is the best that we can until it does.:cool:
 
well whats on the grill this weekend Norm :D pulled pork,ribs , brisket,or any and everything else you can throw on the grill ? BBQ CHICKEN hmmm-mmm ok now i am getting hungry come on lunch
 
well whats on the grill this weekend Norm :D pulled pork,ribs , brisket,or any and everything else you can throw on the grill ? BBQ CHICKEN hmmm-mmm ok now i am getting hungry come on lunch
Friday we are having some folks over for Steak around the pool. I'm going to try something different, I have a whole tenderloin, plan on marinating it and mesquite smoking the whole thing just till it's very rare and has that smoked flavor and then slicing it and grilling the steaks to order, hope it works out? View attachment 4177
 
There is no "energy crisis", there is plenty of fossil fuels and this isn't a supply/demand issue. It's a "price crisis" with big oil squeezing as much profit out of their product as they can while they can. They see the end of the line coming by 2014.
 
I think you're right on that one L2R, don't know about the 2014 date though?

Looks like stocks are setting up a Bear Trap today, Slap those shorts, I hope! I'm sticking with the "C", probably a mistake for tomorrow. As for today, Market has been comming back late in the day look at yesterday, I hope it continues?:worried:
Please remember not too follow me, I'm NNUUTS!!:D
 
Friday we are having some folks over for Steak around the pool. I'm going to try something different, I have a whole tenderloin, plan on marinating it and mesquite smoking the whole thing just till it's very rare and has that smoked flavor and then slicing it and grilling the steaks to order, hope it works out? View attachment 4177
man that sounds great if i was not racing Friday i would try to find your party:blink: hey have you tried the BUD LIME might be a good time to check if you like fruit in your beer:D
 
I think you're right on that one L2R, don't know about the 2014 date though?

Looks like stocks are setting up a Bear Trap today, Slap those shorts, I hope! I'm sticking with the "C", probably a mistake for tomorrow. As for today, Market has been comming back late in the day look at yesterday, I hope it continues?:worried:
Please remember not too follow me, I'm NNUUTS!!:D

I agree too about price crisis/real energy crisis. anyway, I'm not making a decision until I see the market break one way or another... even after tomorrow we may get a fakeout direction until the real trend emerges... this market is friggin' crazier and more two-headed than Sugarandspice :)
 
I think you're right on that one L2R, don't know about the 2014 date though?

Looks like stocks are setting up a Bear Trap today, Slap those shorts, I hope! I'm sticking with the "C", probably a mistake for tomorrow. As for today, Market has been comming back late in the day look at yesterday, I hope it continues?:worried:
Please remember not too follow me, I'm NNUUTS!!:D
yeah they sure like to make you squeeze your shorts in the morning hours:blink::laugh:
 
man that sounds great if i was not racing Friday i would try to find your party hey have you tried the BUD LIME might be a good time to check if you like fruit in your beer:D
Stop by we have plenty!!:D Just take the first right, our house is the one with all the cars in front..:laugh:I like Mexican Beer with a slice of lime!!:laugh:
 
By the way, I don't feel that the EU (ECB) will raise rates, maybe.:cool:
On Monday night, Sarkozy also took on the European Central Bank, which is widely expected to raise its interest rates this week amid record 4 percent inflation in euro nations. Sarkozy said raising interest rates would prevent people and companies from borrowing and investing.
http://www.signonsandiego.com/news/world/20080701-1333-france-eu.html
 
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