Poolman's Account Talk

[poolman]

MOT

http://uk.youtube.com/watch?v=zrdS7A8YeCs

 

[JTH]

But, most of us like to live dangerously and go in and out. I cannot resist the temptation.

It's too bad we don't have roll over IFTs

 

[CountryBoy]

I think that the news on CNBC for the most part this week was all geared toward keeping the stilts in place. The market totally ignored all the bad economic news this week.:blink:

I am still in the camp that thinks, Ignoring the Economic Data is going to come back and Haunt us.

Don't forget that not to long ago we dropped almost 2,000 points in 1 week. I got caught up in that and it was not fun.

My plan is not to do that again. We have allot of December left and I want a 5% gain.

You've expressed my thoughts on the market exactly. We're going to pay for this in January. Like you, I think there will be a Christmas bump. Of course the trick is picking your spot and you've done very well this year.

Good Luck,
CB

 

[ATCJeff]

You've expressed my thoughts on the market exactly. We're going to pay for this in January. Like you, I think there will be a Christmas bump. Of course the trick is picking your spot and you've done very well this year.

Good Luck,
CB

I agree also. I'm planning on being on the lilly pad by the 30th!

 

[poolman]

You've expressed my thoughts on the market exactly. We're going to pay for this in January. Like you, I think there will be a Christmas bump. Of course the trick is picking your spot and you've done very well this year.

Good Luck,
CB

Thanks CountryBoy and AtcJeff

 

[poolman]

http://www.reuters.com/article/hotStocksNews/idUSN02ELLSNA20081206

 

[poolman]

http://www.reuters.com/article/businessNews/idUSTRE4B506O20081206

 

[poolman]

Video from Yesterday on CNBC. A very good video IMO.

http://www.cnbc.com/id/15840232?video=952312806

 

[poolman]

CNN Censors Federal Reserve Rant?


http://www.infowars.com/?p=6338

 

[poolman]

http://www.cnbc.com/id/15840232?video=950838437

 

[350zCommTech]

http://www.cnbc.com/id/15840232?video=950838437

I like the way this guy talks, but keep in mine that he's talking his book. With bond yields so low, the potential of a snap back, rocket shot in yields is real. You don't want to be caught in the F fund when that happens. The stock market is where you want to be.

It was funny how he said "We got a depression", with his mouth covered.:laugh:

 

[Warrenlm]

And just when I was feeling calmed by the in-command announcements from the newly created Office of the President-Elect, the incredible magnitude of the funds our government has and can bring to bear, and expectations of Birchtree imminently posting that everyone is "trying to get in at any price".

 

[amoeba]

I think that the news on CNBC for the most part this week was all geared toward keeping the stilts in place. The market totally ignored all the bad economic news this week.:blink:

I am still in the camp that thinks, Ignoring the Economic Data is going to come back and Haunt us.

Don't forget that not to long ago we dropped almost 2,000 points in 1 week. I got caught up in that and it was not fun.

My plan is not to do that again. We have allot of December left and I want a 5% gain.

yahhh - they do that alot; but this was a real big miss on the jobs number (and wasn't there another 80,000 loss due to revision of the prior month?) I know there have been times, even prolonged ones (dot-com), when the market bounces on air; but this is mystifying.

In fact, we just came off one such sucker's rally of ~6-8 wks in June-July of this year.....put your hand over august-november - and it really looks like we were about to turn the corner towards 1,300 plus, doesn't it?

If it isn't sheer stupidity - it has to be some mob belief that the government will save us from any economic decline beyond what we have now; not that there is any plan that is on the table that would work, rather, there are plans being repeated that have failed. It's almost akin to the fanatical belief in creationism in the face of scientific fact.

Belief systems do not, however, translate into consumption and earnings.

 

[poolman]

The Fact that the market has been ignoring all the bad news we have had in the last week would suggest that all this Bad news was priced in.

What really got me though was the 533,000 jobs lost which was at least 150,000 job's more than any of the Analyst's predicted and the market rallied 500 points from its intra day low. That Tell's me there is something I don't know and I need to open my eyes. I think we will be Higher than we are by the end of December.

I plan on buying +/- 35% on any weakness this week (Barring any Horrific News) and ride it out for a gain. I can still Hedge with 1 more IFT if I have to.

We have Christmas just around the corner and I don't think Bernanke, Paulson or Congress will let this market drop like a rock. The Printing presses are on, making money 24/7 for anyone with a recognizable name and needing a Bailout. I think Risk/Reward scenario is that if you have the stomach for allot of Volatility and Swings, The market we will be Higher by the end of this month. But also bear in mind I think we will go to test the Lowe's and that could also happen before the end of this month.

This is my Tentative Thinking.

 

[justbizness45]

Poolman, thanks for sharing your thoughts. Have a great weekend!!

 

[poolman]

Poolman, thanks for sharing your thoughts. Have a great weekend!!

Your welcome justbizness45

 

[poolman]

TheRealNews 3 part interrview

http://uk.youtube.com/watch?v=iCQayW7Zh6c&feature=channel

http://uk.youtube.com/watch?v=IAWeEprMpcY&feature=channel

http://uk.youtube.com/watch?v=BEyMVpN48yQ

______________________________________________________

http://uk.youtube.com/watch?v=BfBFzg5WMHw

http://uk.youtube.com/watch?v=zrdS7A8YeCs

 

[poolman]

http://uk.youtube.com/watch?v=40HNxjD2DAQ&eurl=http://livewithoscar.com/

 

[poolman]

One month/Daily chart of the Dow.

One month/Daily chart of the S&P 500

 

[poolman]

http://www.iepstein.com/ExternalApps/Full/FuturesTV/IndexReviewVideo.aspx