RealMoneyIssues' Account Talk

Is this your Ricky Ricardo impersonation?
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No, but that was a good one!!
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Sidelined money is really feeling the pressure today - and tomorrow could really up the anxiety. Then May 1st we rocket blast.
 
U.S. to pay off debt for first time in six years
April 29, 2013, 3:00 p.m. EDT

By Greg Robb

WASHINGTON (MarketWatch) - The U.S. Treasury expects to pay off $35 billion of debt in the third fiscal quarter, compared to an earlier projection, given in February, that it would have to borrow $103 billion, the government said Monday. This will be the first quarter that Treasury has paid off debt since April - June 2007. In a statement, Treasury said the changed projection related to higher receipts and lower outlays. For the fourth fiscal quarter, which begins in July, the government expects to borrow $223 billion. This assumes quarter-end cash balances of $75 billion on June 30 and $80 billion on September 30.

U.S. to pay off debt for first time in six years - MarketWatch



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But why bother, since you are going to borrow $223 billion in a few months...
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Big Ben pushing the dollar down with his bond sales, pushing the markets up...

Double top is about to be punched and new highs to be had...

Going to S-Fund tomorrow as soon as I get a new batch of IFTs...
 
Your number is 688 - if the market continues to rally this afternoon you may tumble into the 700 club. Never short the Fed or Ferdinand.
 
C'mon perk up now - you got the rest of the year to pull up your boot straps - it's time to capitulate and run with the bulls. You'll feel much happier.
 
Have I said recently that shorting this market is no longer possible? :mad:

Now that I have some new IFTs, I am considering buying in at these high prices... lets see how the market reacts this morning

Selling pressure, I wait...

Buying strength, I am in...
 
The Next 72 Hours Are Going To Be Insane - Business Insider

Comments from the page:

What difference does it make? Seriously, markets aren't reacting to data and I don't see anyone changing their mind about the state of the world economy based on a new set of numbers. Therefore, economic numbers no longer matter.
So True

Matthew, save yourself the trouble and go have a beer. Tell Weisenthal to get a shave a haircut, and make sure Henry doesn't give any hot stock tips to any unsuspecting *cough* investors. The only story you guys need to write about are the central banks. As long as their (ha ha ours) money is in the game we could be on a collision course with the Moon and the markets would still climb higher.

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Sad, but true...
 
Have I said recently that shorting this market is no longer possible? :mad:

Now that I have some new IFTs, I am considering buying in at these high prices... lets see how the market reacts this morning

Selling pressure, I wait...

Buying strength, I am in...

Selling pressure, so I will wait a little to see if the dip gets bought or we see some more downside... risk is on right now, but with only 2 IFTs I have to be selective...
 
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