Poolman's Account Talk

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O.K. So We have a Triple Top and A Triple Bottom.

It is Obvious that the Market's are waiting on the Job's Report Tomorrow Morning.

int-adv.chart
 
Somewhere our TSP Trades must go through the Tape between 12 Noon and 4 P.M. EST.

It looks like they are going through now. Lot's of Buying today.

I do not see a chance of an Up Day Today. The Job's News was Bad and the Unemployment Rate is now at 7.2%, Not Good.

I say we are down 155 today. I like to have fun.:)
 
poolman said:
Somewhere our TSP Trades must go through the Tape between 12 Noon and 4 P.M. EST.

It looks like they are going through now. Lot's of Buying today.

I do not see a chance of an Up Day Today. The Job's News was Bad and the Unemployment Rate is now at 7.2%, Not Good.

I say we are down 155 today. I like to have fun.:)
Click to expand...


judging from the revision to last month's reports, I can't believe this one, but I think our trades are executed near the close, or at closing prices; so with the big wade-in suggested by the recent IFT records, I expect a bounce in the next hour or so. S&P flat (+/- 5 pts or less) is my prediction; buying on the bad news. OTOH, a strong selloff will suggest widespread disbelief in the employment report (I don't buy it, for example, but I think I'm in the minority).
 
Last edited:
amoeba said:
judging from the revision to last month's reports, I can't believe this one, but I think our trades are executed near the close, or at closing prices; so with the big wade-in suggested by the recent IFT records, I expect a bounce in the next hour or so. S&P flat (+/- 5 pts or less) is my prediction; buying on the bad news. OTOH, a strong selloff will suggest widespread disbelief in the employment report (I don't buy it, for example, but I think I'm in the minority).
Click to expand...


It's fun to predict Amoeba. I do it all the time if I think that day is predictable. Yesterday I had no idea. Your reasoning is understandable. We will see. Last Hour Starts now. :nuts:
 
poolman said:
It's fun to predict Amoeba. I do it all the time if I think that day is predictable. Yesterday I had no idea. Your reasoning is understandable. We will see. Last Hour Starts now. :nuts:
Click to expand...

Well, five minutes left and there you have it - a selloff in the last 20 minutes (not a buy as I predicted) .....boy did I get that dead wrong or what?

Not as steep an oversell as I'm sure you woulda liked...but still significant for the week...I thought monday would be the big downer...now I'm not sure....perhaps good timing for you....this is why you were #1 last yr.
 
amoeba said:
Well, five minutes left and there you have it - a selloff in the last 20 minutes (not a buy as I predicted) .....boy did I get that dead wrong or what?

Not as steep an oversell as I'm sure you woulda liked...but still significant for the week...I thought monday would be the big downer...now I'm not sure.
Click to expand...

Your Good Amoeba,

I was being conservative with down 155 but I'll Take the win.

S - Fund will be in the 11' S... tonight.

We have homework to do this weekend about Monday.

It is Rare being able to predict the market but when you can It's all that

much Better that Money Is Going To Be Made.

I had fun. Thanks for Stepping Up.

:)
 
CountryBoy said:
I almost went in, but I thought, I'd wait one more day. Hopefully, I didn't wait to long.

Good Luck,
CB
Click to expand...

CB,

I was torn with getting in our staying on the lilly pad until early next week. But I jumped into pond and got wet. I think next week will still offer an entry point. I do not see a long sustained rally. Hoping for a quick hit and out. The noon trading time really makes it difficult. Good Luck.
 
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