Poolman's Account Talk

Sort by newest Sort by date
poolman said:
I can now see that wall street is giving the ppt or government the chance

show it's hand. We do not have a clue as to how much or little will Obama

give us. I can still see the light at the end of the tunnel. I think I can still

get out of this mess by the end of next week with a gain. Unbelievable

Market's right now... :)
Click to expand...

For the last three months, the markets have rallied from oversold conditions in the last week of the month. Perhaps January will be the same. Good luck next week my friend.:)
 
Thank you futurestrader and 350z,

I truly think next week is going to be a nice week. The market's are waiting on news from the Government.

It would seem that Obama at this point has seen the books and deliberating with his team and is going to make a move next week.

I feel a nice Bounce coming. :nuts:
 
Anything news other than layoffs, bankruptcy, 0 dividends, insolvency, would certainly be helpful.
Might be able to keep our socks afterall.
 
A freed Gitmo detainee is now an Al Qaeda Chief. Perhaps we should initiate a policy of no prisoners - that would certainly be a lot easier.
 
Brian and Nick seem to be getting bullish. But the economic news next week and the earnings due outs would seem to make the opposite likely. Plus, I wonder if the rumored IBM 16,000 layoff is significant if it actually materializes. The layoff notifications have been going out, said to be hastened by the NY 90 day notification law 1 Feb, but no confirmation of the total yet. The tension among the 40 somethings has been significant.
 
poolman said:
Thank you futurestrader and 350z,

I truly think next week is going to be a nice week. The market's are waiting on news from the Government.

It would seem that Obama at this point has seen the books and deliberating with his team and is going to make a move next week.

I feel a nice Bounce coming. :nuts:
Click to expand...

Poolman, do you have a particular exit price in mind? I must say that looking at Tom's last commentary pulled the wind out of my sails when he pointed out the small bounce the market gave each time Fed money was injected. :cool:
 
JTH said:
Poolman, do you have a particular exit price in mind? I must say that looking at Tom's last commentary pulled the wind out of my sails when he pointed out the small bounce the market gave each time Fed money was injected. :cool:
Click to expand...


I really don't have an exit point in mind. As we know the market's have been very tough. I thought we would have already had a rally by now and I would have been out. We are so close to the lows right now that I fear by getting out that I would end up getting in at a higher price point. We could be getting close to some serious turmoil this coming week. From what I can see futures are already pointing toward a gap down in the dow of 100 points. We have 5 trading day's left this month. I have used both my ift's and it is a real hindrance on how we can trade. I feel that if we are going to test the lows it is going to be a really crazy day. We could go down 5, 6, 7, or 800 points and then bounce back the same amount in a single day.

On any what I perceive up day's next week I think I will try and preserve some Capital seeing that we will be getting our ift's back again.

The real question should be. Do you think we will break the lows ?

If I thought so I wouldn't be in right now. :)
 
Poolman,
There are a few of us 100% invested in the stock funds. I am considering your ideas in earnest. Tia and Good Luck to all!
 
Does anyone know where to get real time trading software ? That is what I have been searching for.

I would imagine you would have to pay for it (probably Big Dollars) and also pay for the use of it.

Anybody know.

Alpha trends and Inthemoney and Oscar all have it. We are limited by not having it. I wonder if I joined inthemoney whether I would get it ?
 
poolman said:
Alpha trends and Inthemoney and Oscar all have it. We are limited by not having it. I wonder if I joined inthemoney whether I would get it ?
Click to expand...

That's a good question. At the very least I wish I had a Blackberry with trading software installed.

My USAA ROTH IRA has 5-min chart ect snap shots, but I'd think you'd have to refresh the page to get it updated.
 
poolman said:
The real question should be. Do you think we will break the lows ?
Click to expand...

That my friend is the trillion dollar question. By my caveman calculations, November’s peak to trough was a 25.45% drop while this month has been a 14.78% drop.

While studying the $SPX technical charts last night, I couldn’t find anything promising. The predominant direction has always been down, but every now and then it tries to fool me with a hint of rise. Early January suckered me in because I didn’t do my homework and thought I’d get in early to catch the derailed Obama train. :suspicious:
The only good news I can find is that December & January have stayed within the trading range of 800-930. :confused:

As for the stimulus news? I really should just ignore the news because it seems that every time I don’t, I get burned… :cool:
 
poolman said:
Does anyone know where to get real time trading software ? That is what I have been searching for.

I would imagine you would have to pay for it (probably Big Dollars) and also pay for the use of it.

Anybody know.

Alpha trends and Inthemoney and Oscar all have it. We are limited by not having it. I wonder if I joined inthemoney whether I would get it ?
Click to expand...

I don't know anywhere you can get real-time streaming data, which you need for realtime charts, without opening an account with that providing broker or paying a fee. WWW.Prophet.net and E-trade.com offer 5 minute delayed streaming quotes/charts for free, just register. Think or swim might do the same, I think.

For TSP, with our 2 IFT/month, 5 min. delayed is really more than adequate. :)
 
You must log in or register to reply here.

Similar threads

UNIX84
UNIX84 Account Talk
Replies
14
Views
3K
tsptalk
tsptalk
tsptalk
  • Article Article
TSP Talk - Now what?
Replies
2
Views
249
Cactus
Cactus
tsptalk
  • Article Article
TSP Talk - The first few days may be a tell for 2025
Replies
0
Views
181
tsptalk
tsptalk
tsptalk
  • Article Article
TSP Talk - Fed cuts 50 basis points
Replies
0
Views
2K
tsptalk
tsptalk
tsptalk
  • Article Article
TSP Talk - FOMC Day
Replies
0
Views
2K
tsptalk
tsptalk
Back
Top