OBGibby's Account Talk

[OBGibby]

Bove: Stock Market Set to Soar

 

[OBGibby]

Bear Market Fever Is Breaking - Michael Gayed, MarketWatch

".....the crowd, whether rightly or wrongly, appears to be getting more comfortable with risk-taking again.....thee only thing that matters is what the crowd thinks because it is the crowd that sets price. If the crowd is beginning to reprice
reflation and realizes it may have overreacted to an event which actually has not occurred, the conditions are setting stocks up for a meaningful move higher."

 

[OBGibby]

Food Stamp Spending Up 100%

“The legislation will spend $82 billion on food stamps next year, $82 billion and an estimated $770 billion over the next ten years. So, to put these figures in perspective, and they’re so large it’s difficult to comprehend, we will spend next year $40 billion on the federal highway program,” said Sessions, the ranking member of the Senate Budget Committee.

 

[OBGibby]

The Wall of Market Worry Remains Strong - Mark Hulbert, MarketWatch

 

[OBGibby]

Victor Davis Hanson: America's college grads are finding debt and indentured servitude, not jobs and careers at the end of
long, promising college experiences. "The New American Helots" 6/18/12

 

[Birchtree]

These kids are experiencing the Obama talk that consists of no walk - elections have consequences.

 

[OBGibby]

IFT COB today. Moving from 70C/15S/15I to 100G.

 

[Birchtree]

We could be experiencing the rally that will rip the fur off many bears - when the Dow approaches +300 points then it becomes a rip your face off rally. The shorts will have to cover in a big way. Let'em eat cake.

 

[jkenjohnson]

BT, you are funny.

 

[OBGibby]

Finally broke through $200K. Long time coming and a lot of knocking on the door and then stepping back. Figured yesterday was a good day to get out of the market and rest for a bit. I'm not convinced Europe is "fixed" with their latest agreement, and how that will affect the U.S. concerns me. Either way, the back and forth has me worn out. I'm sitting out a for a little bit for now.

 

[nasa1974]

Finally broke through $200K. Long time coming and a lot of knocking on the door and then stepping back. Figured yesterday was a good day to get out of the market and rest for a bit. I'm not convinced Europe is "fixed" with their latest agreement, and how that will affect the U.S. concerns me. Either way, the back and forth has me worn out. I'm sitting out a for a little bit for now.

Congrats on the $200K. Good luck on the next 200.

 

[OBGibby]

Thanks, Nasa.

 

[OBGibby]

According to my tsp.gov online account, my 'Personal Rate of Return' for the twelve months ending June 30, 2012, was up 3.83%.

Personal Rate of Return
2009 +29.86%
2010 +13.31%
2011 -0.74%

January 31, 2012 +3.19%
February 29, 2012 +4.54%
March 31, 2012 +4.81%
April 30, 2012 +0.83%
May 31, 2012 -2.50%
Jun 30, 2012 +3.83

CURRENT AUTOTRACKER THROUGH June 30, 2012: +9.15%

 

[OBGibby]

Went back in today. IFT at COB from 100%G to 50/G, 30/S, 20/C.

 

[OBGibby]

It's Time to Buy Everything In Sight - Anthony Mirhaydari, MSN Money

 

[OBGibby]

Enough With The Negativity - Joe Fahmy, The Next Big Move

 

[OBGibby]

Fearful Investors Day Trade Retirement Accounts - Walter Hamilton, LAT

 

[OBGibby]

Until The Market Rallies... - Joshua Brown, The Reformed Broker

 

[OBGibby]

Got a twofer - rain today and a positive day after five down days. I'll take it.

 

[OBGibby]

Be Greedy When Others Fearful