Nordic's Account Talk

IFT

All in COB today, 30C/70S. Hopefully our 3:30 buying friends chill out today and leave prices lower.
 
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I'm surely going to do my best to push prices up - looking for a nice slap on Friday that knocks the S and I funders back a little.
 
I'm surely going to do my best to push prices up - looking for a nice slap on Friday that knocks the S and I funders back a little.

Betula papyrifera, that was the biggest reason I was hesitant to jump off the 'pad this week, the potential for whipsaw action. I normally put some in the I fund also, but was curious to see what the dollar is going to do in the near future, so held off until I have a better feeling on the dollar. That dang VIX going lower made me hesitant also about jumping in at this point. We'll see what happens.
 
The day we find an energy solution to Oil is the day OPEC nations will adhere to complaints about human rights/religous freedom etc. Until then they have everybody over a Barrel (of oil).
 
An excellent read on the bond folks - I'm staying with equities for life. For every one-point rise in the federal funds and other interest rates, the price of a 10-year Treasury decreases by 8.5%; a rise of two percentage points would chop a 10-year Treasury bond's value by 17%, using figures from Barclays Capital.
 
An excellent read on the bond folks - I'm staying with equities for life. For every one-point rise in the federal funds and other interest rates, the price of a 10-year Treasury decreases by 8.5%; a rise of two percentage points would chop a 10-year Treasury bond's value by 17%, using figures from Barclays Capital.

Give us equities, or give us death.
 
VIX watch

"So, one would logically expect the same reaction. That's possible, but it is also possible that the VIX moves below the support and trends sideways to lower with no pull back in the market. That is why it is currently at a "juncture", and because both scenarios are real possibilities."

http://www.stocktiming.com/Tuesday-DailyMarketUpdate.htm


I'll take some sideways trending please.
 
VIX watch...continued

"So now, you have more to watch for than just the bottom of the expanding wedge ... also watch for what happens around the 18.64 resistance level, and the red resistance line. If the red resistance line is penetrated, then pay particular attention to our resistance line #2, because it would be very bearish if that were broken to the upside."

http://www.stocktiming.com/Wednesday-DailyMarketUpdate.htm
 
I think we'll take out a new resistance line sometime in June - and I plan to be 30G when that happens. I just want my equity bubble.
 
I think we'll take out a new resistance line sometime in June - and I plan to be 30G when that happens. I just want my equity bubble.

Well my friend, it'll make news when you move that much over to G. So far, I haven't read much in the way of bullish predictions for Q3-Q4, so it looks like you'll be right on track. I'm trying to break my recent tendency of over-managing my account and stay in equities longer during these upswings despite the possibility of 2-4% pullbacks. I end up costing myself more by being out for too long, than what I would've saved by being on the lilypad during a minor gyration.
 
It will take me six months to get to 30G - but I'll remain 70C and just take the hits when they come. Futures are already looking fine this evening. We could have an excellent day tomorrow with the VIX going back into the 16 level. I'm trying to buy myself into happiness.
 
From the article; "...people hate to be responsible for their own pain." I've always welcomed my pain levels because I knew opportunity was just around the corner. Sometimes no pain means no gains. I've on occasion driven some on this board crazy becasue of my comments about accepting and enduring pain - never let them see you cut and run is what I say you'll create panic.
 
Negative Divergences

"Bottom Line: The abundance of negative divergences keeps waving the caution flag for a correction; however, the complete lack of new lows indicates that we are only witnessing cyclical weakness during an ongoing bull market, not a major top."

http://www.decisionpoint.com/ChartSpotliteFiles/100115_cspot.html


Again, a tough market to call right now. I'm trying to be patient and not pull the plug too early this month, still two weeks to go with only 1 IFT remaining. Thanks TSP board, really didn't need those additional IFTs anyway :mad:
 
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