nnuut's Account Talk

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They are good, I watch about 4 or 5 different videos weekly and take an average!!:laugh:
 
15% "G", 35% "F", 10% "C", 40% "S" COB today. Taking 50% profit COB today leaving the rest mostly in the "S" which seems to be ready to lead between it and the "C". Dolly could head more north and disrupt the Gulf. Markets keep bouncing off of resistance and it can go either way. This is my last IFT this Month but can zip off to the "G" if necessary.:cool:
 
[FONT=times new roman, times]WILL THE LATEST RALLY TAKE ROOT?[/FONT][FONT=times new roman, times]
[/FONT][FONT=times new roman, times]The Well-Timed Strategy for Week Ending July 25th
[/FONT][FONT=times new roman, times]by Peter Navarro, Ph.D.
[/FONT][FONT=verdana,tahoma,arial]July 21, 2008[/FONT]​
The Markets
Two weeks ago, I wrote in this column: “If you are a short seller, the oil market will undergo a cyclical downturn soon. “ Well, last week, we got that downturn, and it helped provide the U.S. markets with a nice rally. The question, of course, is whether this rally is just another dead cat bounce or one that is likely to have legs.
To answer that question, it is useful to review our history. For much of the year, I offered up three scenarios. One scenario described a world in which a U.S. recession dragged down the global economy (U.S. as locomotive). The second “decoupling” scenario had Asia and Latin America prospering and Europe ok as the U.S. fell into decline. The “stagflation” scenario is self-evident.
Eventually stagflation has won as decoupling has gone by the boards. The question is whether the stagflation will morph into a more benign global recession amenable to monetary and fiscal policies or whether it will be persistent. If the stagflation proves to be persistent, last week’s rally will be short-lived.
On the other hand, if the downshift in the global economy now taking place does moderate both food and fuel prices along with wage demands, that will set the world up for the standard, classic recovery. In such a world, financial markets will anticipate a Keynesian-type recovery driven by policy and off we will go again.
It is this, then, that macrotraders need to keep an eye on over the next six months. As this fundamental story unfolds, trading should be dominated by more technical considerations. At this point, all three major U.S. indices are technically shorts, not long. Thus, jumping back into the market on last week’s action would be an attempt to hit a bottom. So if you are so inclined, you may consider waiting another week to see how the technicals further develop.
In the meantime, if you must trade, consider my “dollar cost averaging” strategy for the financial sector. Several weeks ago, I suggested that buying small bites of Wachovia or Fifth Third and then adding to the position as it went down dollar cost averaging could be a relatively painless way to find the financial sector bottom. I like this strategy and would add Washington Mutual to the mix and be a little careful with Wachovia, as Fifth Third is behaving much better.
Bon chance!
Presidential Politics [more]
http://www.financialsense.com/editorials/navarro/2008/0721.html
 
nnuut said:
15% "G", 35% "F", 10% "C", 40% "S" COB today. Taking 50% profit COB today leaving the rest mostly in the "S" which seems to be ready to lead between it and the "C". Dolly could head more north and disrupt the Gulf. Markets keep bouncing off of resistance and it can go either way. This is my last IFT this Month but can zip off to the "G" if necessary.:cool:
Click to expand...

That's an excellent allocation - and I hope your right about "S" - it was just barely under 1% gain today.

For a 2 week investment - I'd give you an A+; Volitility remains and 35% F could help buffer any losses.
 
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Thank you Sir, I put a lot of thought into it before moving. I was hoping this thing would go sideways for a while and then continue up, and it may. Looks like Oil may head back up especially if Dolly turns a little more north and scrambles the Gulf Oil rigs a bit. I feel we are still in the claws of the BEAR and he could play his trick on us again and head back down. Any day we can get more bank failures and HEAD BACK DOWN. Most analyist are either positive or undecided. Everyone seems to think the bottom is in. The contarian in me knows this is not a positive sign. The VIX didn't quite hit the 35 level, turned around at 30, at 35 would have been perfect but 30, no no! The "C" seems to have fell out of preference over the last couple of days. The "S was strong as steel today. Lastly I made about 3% on this rally and would like to keep some of it. Still in 40% "S" and 10% "C" let it drop I have some "F" and an exit to the "G" if needed. A 300 point gain is a sure thing now!!!
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OH! and Oscar has reported a GREEN OMNI!!
 
Steadygain said:
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.
Click to expand...

As 12% would say: that was posted on 7/2/08

Oil has dropped considerably and the Markets have responded very well. So my friends - the ones in control are the ones with power and money galore and therefore it is likely the price of Oil will stablize about where it is over the near future. If this results in sustained Market growth - consumer confidence will boom and movies like the new Batman Film will all the more spark the right climate.

Keep your fingers crossed.
 
This was an over reaction to the news and a little rise in the price in Oil.!!! If you're still in you will get some back tomorrow. I was paying the drop and it dropped too far!! So stuck in the "G" until next Thursday. Only 50% in so hit hard but not too hard.View attachment 4336
 
Me too...

Just a note...I just saw this commercial for a new drug AMBILIFY..Now doesn't that sound like a drug tailor made for George W to pitch on TV..:D:D:D

Well I had to find something to smile about..

FS
 
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