nnuut's Account Talk

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Looking for that rat tail to turn into a Kangaroo tail before the close. I also hope my tomato plants survive this cool spell.
 
Quote Poolman "FedEx just delivered my two king size cans of Kroil.. Yea :D"

I still have a few squirts in my old can, used it yesterday!! Lubed up an air tool (needle gun) I used to clean glue off of the concrete floor in my Florida room. Mine should be on the way. Great deal and Great stuff!:D
 
poolman said:
FedEx just delivered my two king size cans of Kroil.. Yea :D
Click to expand...

nnuut said:
I still have a few squirts in my old can, used it yesterday!! Lubed up an air tool (needle gun) I used to clean glue off of the concrete floor in my Florida room. Mine should be on the way. Great deal and Great stuff!:D
Click to expand...
After I saw poolman's post, I checked outside my door and found mine on the porch too. (sneaky UPS driver didn't even honk):rolleyes: So if you need anything lubed up, nnuut, just yolla!:laugh:
​
 
I think what's so confusing to me personally is that folks are expecting a return to the 740-750 range in the S&P, and then the suggestion that we begin to rebound. The variables that continue to confound me are (1) our debt is too large (2) we've lost so much capital (but where did it go???) (3) housing is not projected to make a comeback until 2010.

Obviously, infusing 825B into the economy will do something, but all that money still needs to be paid back. Maybe the government is going to buy one of those 5 year variable rate loans with a balloon payment from China.:nuts:

I'm getting ready to sit on the sidelines for a while again.

GL To All In Your Investing

FS
 
COB today 25% "G", 25% "C" 50% "S", sweetened the pot a little. Hoping for a comeback this afternoon you never know about Options Expirations week. If we get an up day the 20th (Obama DAY) I will probably jump back to the "G" depending on the news and Market reaction.:cool:
 
Might be kind of difficult to get back that 29% loss from last year?:mad:

Wall Street's inauguration rally

Investor euphoria could propel stocks this week, but the longer-term outlook is less upbeat.

By Alexandra Twin, CNNMoney.com senior writer
Last Updated: January 19, 2009: 3:13 PM ET

Hey Fed, turn off the extinguisher


NEW YORK (CNNMoney.com) -- Optimism about Barack Obama's first 100 days as president is running high, but Wall Street's post-inaugural celebration may well be short-lived.
"I think there's going to be something of an Obama honeymoon for a few weeks," said Terry L. Morris, senior equity manager at National Penn Investor Trust. "But I think there's still a lot of pessimism out there about the economy."
Since 1932, stocks, as measured by the S&P 500, have gained an average of 1.6% in the first 100 days of a new president's term regardless of the party. The S&P 500 has gained 0.9% on average under a Republican president and 2.2% under a Democrat like Obama, according to research by Standard & Poor's chief investment strategist Sam Stovall.
While a gain is a gain, a 2.2% rise following a year in which the S&P 500 lost 38% - and saw its worst year since the 1930s - does not suggest the rallying cry of a new bull market.
In fact, Wall Street could very well see the same market reaction that briefly followed both the November election and the start to 2009, said Joe Arnold, wealth manager at Dawson Wealth Management.
"Both times, the optimism had an emotional effect on the stock market for a few days or weeks," said Dawson. "But then the happiness wore off and people returned to the reality that we are still in this crisis and we don't know when it's going to end."
History favors the Democrats: [more]
 
Hang on tight my friend - and guard your losses as much as possible.


That was a very interesting Post.

Well I'm going to go out on a limb here. If the Markets drop 20 - 30% by the summer and you pretty much stay in G. Then I'd say you'll make your 29% back.

It's posts like yours that help all of us realize what to expect and that's the kind of info we need for now.

Cutting Interest Rates and pouring Trillions into the Global Economy have not worked - in fact it simply delayed the outcome. What we really need are the Markets to TANK - and TANK BIG - then this mess will finally be a thing of the past.
 
That's RIGHT Steady, get it over with, quit beating around the BUSH! Seems the Market isn't too excited about OBAMA DAY? The Market is STILL NNUUTS!!:cool:
 
nnuut said:
Down at open BIG TIME looks like it's a headfake to me? I hope!!!:D
Click to expand...

It'll have to be one heck of a head fake for us to finsh positive at this point in the day. Perhaps this is Mr. Markets way of letting President Obama know he can't part the waters or raise the market? :blink:
 
Another down day...Major Bummer...BUT I HAVE THE AUDACITY TO HOPE that the markets will turn around as American's regain confidence in our systems for government and the economy..

All the Best,

FS
 
He has a Hard Row To Hoe!!! I wish him success, if he fails we Fail.
Surely didn't want to sell low today, but it looks like the freakin' Banks have done it to us again? Sooner or later we will Capitulate, but not today. But, But, but ITS NOT OVER UNTIL IT'S OVER! Watch at about 14:30!!:cool: Always the dreamer.:rolleyes:
 
If it quacks like a duck, and walks like a duck, then it is a duck. No doubt even with a paltry or anemic rebound at the end of the day, technicals are getting ugly at an alarming rate. Even with Obama suprises which I would expect through the rest of January, it will only partially plug the hole that is sinking this Titanic.

When the smoke clears, I suspect this market will have tanked in January somewhere between 10-13 percent :eek: before climbing out. If there is a rally towards the end of the month, I estimate double digits loses will become only high end single digit loses. However...there will be much fear my young Jetti. :sick:

However...there is a good chance if your in early next month, it will probably bring less risky rewards. The remainder of January will sure be scary and depressing as we come to realize that the markets are in a freefall. Kind of reminds me of a W formation. Probably medium and longer term like an L shaped recovery.

What a pickle we are in globally. I sure heck don't want a market meltdown since I'm about 10 years from retirement. An L shaped recovery will just about seal my prospects for a better retirement. :mad:

I'm even worried more about what my retirement will be worth anyway if inflation is rampant 10 years from now.

Looking into my crystal ball, I see an overall flat line (Troughs and Ridges cancelling out). Buy and hold strategy appears in jeporady. I was a buy and hold investor from 1989 through 1999...and got a little of the late 2004-2007 rally. I definitely was all risk. I don't see that buy and hold working well over the next decade. Then again, maybe I'm just getting older and not willing to take as much risk.

I'm feeling quite queasy as we go into the last 45 minutes. Someone throw me a Tums. :embarrest:
 
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