Poolman's Account Talk

I may make a quick move tomorrow. We will see what where looking at before High Noon.

Pretty decent Volume on an up day today.
 
This channel is declining at a rapid rate. Daily Time Frame. I'm worried about the Vix rising and this descending channel. Tomorrow could very well be an up day. I'm making my decision in a couple of minutes. QQQQ's broke down and so did rut. Could be a fast slide to 1020 - 1030 level. Also the Garage is filling up fast.

http://i50.tinypic.com/2uzulpf.png
 
This channel is declining at a rapid rate. Daily Time Frame. I'm worried about the Vix rising and this descending channel. Tomorrow could very well be an up day. I'm making my decision in a couple of minutes. QQQQ's broke down and so did rut. Could be a fast slide to 1020 - 1030 level. Also the Garage is filling up fast.

http://i50.tinypic.com/2uzulpf.png

Staying 110% - G Fund Today Folks. I cannot risk any money.

Reasons stated.
 
Yeah, good call.

What's really scary is that today's move in the NDX is not making any impact on my extreme signals.:worried:

My New Year's Resolution was to jack my Wifes account $80,000.00

It's not going to happen on High Risk Entry.

Big Bust Today.

Welcome Back Home. Come sit a spell. Market's are on Crack....

:nuts:
 
My New Year's Resolution was to jack my Wifes account $80,000.00

It's not going to happen on High Risk Entry.

Big Bust Today.

Welcome Back Home. Come sit a spell. Market's are on Crack....

:nuts:

Thanks.

And I agree on the high risk. We might be trying to catch an up day in a downtrend. There were lots of hammers yesterday. Today is a failure.
 
I almost bought it, I do believe we are in danger of moving toward deflation. However, I don't think that this is inevitible due to the whims of human emotion and the market runs completely on the overall mood of the nation. The mood of the nation was really at a high point when the bank crash that led to the Depression took place. Part of the reason wasn't just account holder panic - part was the reality the banks had very little money in their coffers in comparison to deposits. Saying that if the country is happy, the country is prosperous makes it sound like if we all got happy pills we'd never have a downturn - just because we'd never get any work done doesn't matter, right? The market doesn't just run on emotions, or else there would be a lot of companies that would have perfectly horrible stock returns that have good ones - a lot of people don't like microsoft but do go out and buy their software and stock.
 
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