Poolman's Account Talk

Remember, the market is nothing more than a way to buy into the earnings stream of companies, usually on a "best guess" basis months to even years out in the future.

A sound case can be built that earnings streams going forward are seriously impaired, and historic valuations placed on those prospects given the current and projected economic environment give us a S&P value of 500's to 600's.

Not ridiculous at all.

The ride down is simply a tug of war between various future scenarios, mixed with some big players (Da Boyz) gaming it for short term profits.

Good luck, and realize that if your are going to stay in the casino........ you will need to put your winnings back on the table, and the house WILL take some of it back.

You're doing great so far.

You have very good points here Traffic_dog.

This downdraft has been very Swift. Hindsight is Foresight. I wish I would have not gone 40% on my last IFT. Maybe 20% in Retrospect. At this point I will continue the Ride.

At this point 11 of the last 12 trading day's have been Down. I think we will have a nice bounce soon. We are definitely creating History with this Crash.
 
Not ridiculous at all.

The ride down is simply a tug of war between various future scenarios, mixed with some big players (Da Boyz) gaming it for short term profits.

Good luck, and realize that if your are going to stay in the casino........ you will need to put your winnings back on the table, and the house WILL take some of it back.

You're doing great so far.



I took this from another site that I lurk on.
This guy trades options daily and I believe does pretty well at it.

I agree with this assessment.


".........as I've written soooo many times, da-Boyz "HOLD" prices at any given level to either accumulate or distribute shares!

This morning there was massive amounts of selling, BUT, da-Boyz put a damper on the selling by "SUPPORTING" the bid as they "Accumulate" shares!

And why do they accumulate shares, simple, they NEED that inventory of shares to "SELL" to da-FOOLS dat'll be BUY-ing as prices go down! This allows da-Boyz to "MOOT" the selling pressure and keep walking dis-puppy DOWN with minimal resistance!!

This is NOTHING short of manipulation as they delay the selling until a "TIME" of "THIER" choosing, how freakin sweeet is dat!

Yep, they can make ANY level appear as support or resistance until "THEY" decide to move price above or below, "Manipulation" at it's finest!!!
"

I also believe there are several competing groups of big players (i.e.the trading desks at the various old investment banks. These are rows of traders simply "playing" the markets daily...... winning and losing billions for their firms) trying to wrench money out of the markets every single day that cause the markets to behave strangely when they battle each other.

This is what you are up against...... again, you're doing great.
 
You are Welcome Steady.... I'm also getting used to your demeanor of life

and I like it..:D

Thanks man !

I'm comfortable with where I am - and would love to end at the bottom - because I already won. So the more others get above me the more WE KILL THE BEAR.

Unfortunately I'm more of a 'gut man' - but RIGHT NOW the MB needs something more SOLID and you are VERY SOLID.

I can't help but believe you're BULLISH about the short term and see the next few weeks (month) as a RALLY to be seized. I also realize that you - like me - are so use to the day to day that you locked in the gains 'a little to soon'.

Would you share the specifics - on why we should be BULLISH?
 
PM, haven't seen you post in a few weeks. Hope everything is going good. Just decided to drive by and move you up from page 5 to back up front. Keep in touch my friend, JB45
 
"Hey" to the message Board.... I'm sorry but have been very busy over the last couple of weeks.

I have been doing some trading with ETF'S but have been locked into my position with the TSP until this month (APRIL).

I don't have a whole lot to say other than I have been watching some of my favorites and just absorbing everything in "Per Se".

I will try to be around a little more in the future. If I make a change with the TSP, Obviously I will post Accordingly...


:D
 
We got allot of capiitulation today.
Don't be surprised if we go straitght up agian.


This is what I see at current times.....
 
Now that you've made your return I never did offer my apology for providing directions to the "Cooler" to find his way to Manassas, Virginia. He is now in Kingsport, Tennessee. So you can now work on regaining your previous lead on the tracker.
 
We got allot of capiitulation today.
Don't be surprised if we go straitght up agian.


This is what I see at current times.....
I don't know, we might see some more drops on the bank data.....more capitulation to follow......

Welcome back, I hope the job market is picking up in your neck of the woods!!!!!:cool:
 
Now that you've made your return I never did offer my apology for providing directions to the "Cooler" to find his way to Manassas, Virginia. He is now in Kingsport, Tennessee. So you can now work on regaining your previous lead on the tracker.

Thanks Birchtree,

I have gotten stuck with my economical analysis with a bunch of other things that are going on in my life.

I have decided to back off and see what happen's.

I pop in from time to time and see what is going on.

Nothing against the MB or anyone In the MB. I'll be back full time in time.....
 
I don't know, we might see some more drops on the bank data.....more capitulation to follow......

Welcome back, I hope the job market is picking up in your neck of the woods!!!!!:cool:

It's kinda funny. I will probably get a job offer for 7 to 8 hundred a week soon. Problem is.... I'm making and taking approx $600.00 a week for the last 6 weeks trading at home..... hmmmmmmmmmmmmmmm...
 
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