Poolman's Account Talk

This is why you're the tournament leader..........

Not aiming at the flag, but at the middle of the green.

An almost inaudible, breathy voice comes across the air.....

"Beautiful timing on that swing and a crisp strike."

Well played.

Thanks Traffic_dog,

Awfully nice words. As you know the market's are so unpredictable right now. The swings are Wild. I'm taking a Swing...:D
 
Lately when he talk's, market drops. Economic new's monday is light. G20 will want to say somthing positive monday I feel. Only problem is I know we have not put in a bottom. I wish we had more IFT's.

paulson seemed to give a nice boost to the market, saying he thinks no more institutions will fail
 
paulson seemed to give a nice boost to the market, saying he thinks no more institutions will fail

Hi Futurestrader,

Yes it would seem what is happening now is not strictly about the Paulson effect. This is the first time that he spoke that the market didn't sell off quickly.

Seems like playing the Markets now is like Jump Rope.

Getting In and Getting Out.

I jumped in and the Waves are Big.... I'm in the Boat at Today's closing prices.

Could this be confirmation to the upside or downside ?

The Ticker is going crazy with wild swings right now. I am happy with 25% to the S-fund. :)
 
IM HAPPY!!!
vodka.gif
 
IM HAPPY!!!


SWEET late day selloff! Glad I was able to join in the fun :):):)

Be careful Poolman...everyone who used to be in the top 10 who "dipped" their toes into stocks got sucked under with lightning speed!!! I'm just trying to claw my way back to zero ytd!
 
SWEET late day selloff! Glad I was able to join in the fun :):)

Be careful Poolman...everyone who used to be in the top 10 who "dipped" their toes into stocks got sucked under with lightning speed!!! I'm just trying to claw my way back to zero ytd!


Thank You Corepuncher,

I have noticed this myself. I will get off this train at the first stop. I just hope I don't have to ride it long. When I made my move today I was hoping for a DJIA down 275 today. So I got some gravy on my plate. :)

The Waves will be Big, and the Under-toe significant. I'm a pretty good Swimmer and I hope we can go Higher next week.

I feel in my Heart this was a good move and I feel calm. Yesterday I was very upset.

Remember I have another 50% to DCA my way out. This is How I do it. :cool:
 
This is an elliot wave chart projection that I found on the Web today. I don't like it. Not that I didn't think this market was going lower but it could get ugly fast. I only say this from some of the other things I have seen and read today. :sick: I hope I can exit without a loss. It won't be easy with the wild swings we are seeing. That 3:00 p.m. Hour can be a real doosy.

http://2.bp.blogspot.com/_nSTO-vZpSgc/SO7nM3Z2rLI/AAAAAAAADfU/1Jd6XUvAcB0/s1600-h/$spx-target.png

http://uk.youtube.com/watch?v=iYuuP.../11/stock-market-video-trend-analysis_14.html
 
Do you think the apparent unlikelyhood of a GM, Ford, Chrysler bailout as evident by their testimony today to congress will spook the market in the next couple days to the downside or do you think it is already priced in or not that big of a market mover? Any opinion anyone has would be appreciated as I make a decision whether or not to enter the market tomorrow COB.
 
Do you think the apparent unlikelyhood of a GM, Ford, Chrysler bailout as evident by their testimony today to congress will spook the market in the next couple days to the downside or do you think it is already priced in or not that big of a market mover? Any opinion anyone has would be appreciated as I make a decision whether or not to enter the market tomorrow COB.

I think they will get the Bailout. Without a Bailout the Economy would be Devastated.

I think Congress will do anything to avert a Depression, or what was said In the Secret meeting that leaked out.:)

I'm sure Paulson has already had discussion with Bernanke on this issue before the question even came up today. :nuts:

I'm not saying I'm immediately going to commit my other 50%. I have to keep that in case we do break the Lows.
 
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