Poolman's Account Talk

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KevinD said:
Forgive me but how do you read that chart? I don't quite have "futures" down yet... :confused:
Click to expand...

Example. We closed the S&P at 890.35. Bloomburg Futures showing S&P at

885.50.

The difference does not always add up, but just as individual stocks gap almost every day from Bid to Ask so does the S&P which includes all these stocks.
 
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:
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understandable but wrong.....selling at open and close; not sure Y - maybe sell orders placed early/executed late, redemptions, options, hedge funds, traders waking up in asia - who knows? :blink:

I feel a big short term move is due.....I just wish I knew what fund and in which direction - pretty confused right now.
 
amoeba said:
understandable but wrong.....selling at open and close; not sure Y - maybe sell orders placed early/executed late, redemptions, options, hedge funds, traders waking up in asia - who knows? :blink:

I feel a big short term move is due.....I just wish I knew what fund and in which direction - pretty confused right now.
Click to expand...

That is how the market's want you to feel.

That is why you go in with Gun's half loaded.

My Method can also fail if I place my next IFT wrong.

If we continue Down the question is when do I get in.

I'm in for the Ride either way. It would have to be Super Bad for me to

pull out all the way without at least Breaking Even.

:)
 
eeek.gif


http://uk.youtube.com/watch?v=EohFpw81cag


http://uk.youtube.com/watch?v=4GNe19ru0F0
 
Greg said:
One of the comments:

If you think government printing money can save this economy, then you can go to Zimbabwe to enjoy world's best printing service. Actually you can wait here for Obama to convert this nation into Zimbabwe 2.0 with his spending spree
Click to expand...


I don't see good times ahead. We are only setting ourselves up for a Giant fall IMO.

I'm hoping for a pop next week. Gotta try to make some money Now. :)
 
Schiff has taken on the appearance of a broken record at this point with little if any new things to say. Even if one agrees with him, he should find new comments/analysis.

When he argues for government to cut spending now instead of increase spending, why doesn't he offer thoughts on where? We feds have a better handle on the federal pie than most and can see the difficulty. States and municipalities have similar problems.

Besides, no one would want to be a politician if one cannot have SOME discretionary pork dollars, whether it be a local park, art grant, or bridge to nowhere.
 
Thanks for posting. That is the first "rap" thingie I've understood the words to. The subtitles did the trick for me.
 
I think we will break lower this week but the market's will be saved by the

printing of money and Congress doing everything they can to make

everyone feel "Comfortably Numb".

I think all the Bad News that will get thrown at will be countered by

Breaking News such as Congress, Obama, etc....

I'm in 40% and will be looking for my next trade very closely.

Good Luck to Everyone. :)
 
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