Poolman's Account Talk

I'm not really worried yet. This market is tricky indeed. This market was ready for a dip. IMO consumer sentiment readings that come in like this usually don't tank the market's this much. I think you might be right and this market cuts it's losses by half eod. :)

I've got to run some errands this afternoon and fix a couple of things around the house. All in preparation for vacation. So I'll be in and out today.


Hey Check this out. The Market's did cut there losses in Half.
 
Well it appears that yesterday's gains along with part of Wednesday's gains are disappearing at this point in the day.

Consumer sentiment came in disappointing today.

I figure we probably won't see what losses we have today until next week the 18'Th with Building permits and Housing starts. These numbers will probably come in good.

I have made a IFT to 100% - S Fund today. I am trying to set myself up for a good exit. :)

Poolman,
Newbie alert here.... So going 100% S fund your thinking is we should see a good housing report next week which in turn should be good for Small caps? Just wondering. I went ahead and made the move into C-S-I fund this week (40 G, 20 I, 20 S, 20 C), probably shouldn't have, but I'm like a kid sitting on the sidelines wanting the coach to put me in!!! Reading the message board, it seemed like most of you guys thought we might see a little more upside in August before the selling starts. (Just a tid bit here)New housing contruction here in OK is staying very stable and actually doing well. Its hard for me not to think we will see a good housing report, but I'm limiting myself to OK as well. :confused:
 
Poolman,
Newbie alert here.... So going 100% S fund your thinking is we should see a good housing report next week which in turn should be good for Small caps? Just wondering. I went ahead and made the move into C-S-I fund this week (40 G, 20 I, 20 S, 20 C), probably shouldn't have, but I'm like a kid sitting on the sidelines wanting the coach to put me in!!! Reading the message board, it seemed like most of you guys thought we might see a little more upside in August before the selling starts. (Just a tid bit here)New housing contruction here in OK is staying very stable and actually doing well. Its hard for me not to think we will see a good housing report, but I'm limiting myself to OK as well. :confused:

Hello Blindman,

Every question is a good one.

Housing and Construction/New Housing starts has been on a roll for at least the last 2 months with the Economic Calender. That being said It is going Gang Busters in Northern Virginia, Maryland and D.C. I see it everywhere I go. But in General this Indicator has been on a rise for awhile. It has also had an Impact with the Market's every time the # is released.

The Reason I went to the S - Fund today was this

I was 20% - C, 40% - S, and 40% - I

Around the 11 o'clock am hour we where down pretty good. If I recall correctly around 150 down points. The I - Fund I knew was not going to take it on the chin that bad and the Russell 2K was down hard, Almost 15 points. So the reasoning for my change was to maximize lots more shares of the S - Fund and Exit the I - Fund with not that bad of a Hit.

You always have to look at where we are presently and where things where.

The S - Fund has been on a Tear since the lows in March. The Volatility in it is pretty extreme on big up or down days. I still think my move was a good one with the market close.

The I - Fund which trades on how the Dollar is doing is starting to stumble.

My overall feelings is that we are going to get a Pretty Decent Pullback Soon. Probably 7 to 10 percent. I don't think that it will be next week but it's coming. I am trying to Exit the Market's on a High Note. :D
 
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I'm getting ready to make the drive to NC. So I will check in this evening.

I am going to post these two recent vids. I was not going to but it would not be fair for others to see and think about.

I don't feel this way for next week but be careful.

Those videos help explain the increased volatility and fear we're seeing in the markets. I had not heard about his bank holiday rumor.
 
I arrived yesterday afternoon to my vacation Condo in emerald Isle NC.

I am very happy with my WI-FI connection. Man its great. They connected a router right in the condo. I guess they are using this router as a repeater but my connection has 5 bars and is almost as fast as the home connection.

It is a beautiful day outside. Sunny, a little breezy and the ocean is great. I will try to load my camera software on this laptop and get a couple of pictures out for you all.

I went to bed last night around 10 pm and didn't get up until noon today. I guess I needed the sleep. :)
 
I arrived yesterday afternoon to my vacation Condo in emerald Isle NC.

I am very happy with my WI-FI connection. Man its great. They connected a router right in the condo. I guess they are using this router as a repeater but my connection has 5 bars and is almost as fast as the home connection.

It is a beautiful day outside. Sunny, a little breezy and the ocean is great. I will try to load my camera software on this laptop and get a couple of pictures out for you all.

I went to bed last night around 10 pm and didn't get up until noon today. I guess I needed the sleep. :)

Poolman,

Who could ask for more. Have a great time.
 
You will have fun Kevin. Good Picture by the way. It look like you and Mrs. are having fun.

I finally got my Camera Software loaded. It did not want to load on the Vista Operating System on my laptop. That was a bunch of crap but I found the software out on the net that I needed.

Here is my first Picture from My Home Office. Can anyone tell me what the picture is to the right of the TV.. :)

http://rs493gc2.rapidshare.com/files/268163483/DSC02635.JPG
 
Is anybody able to get my last picture ?


It was my fault. I had to click the "free user" button and wait about 30 seconds. Then I had to click the download button and the pic came up. :o

You talking about the thing in the picture frame?
 
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