RealMoneyIssues' Account Talk

[TABLE="class: grid, width: 100%"]
[TR]
[TH="width: 19%"]
Operation Date
[/TH]
[TH="width: 20%"]
Settlement Date​
[/TH]
[TH="width: 18%"]
Operation Type​
[/TH]
[TH="width: 24%"]
Maturity Range​
[/TH]
[TH="width: 19%"]
Expected Purchase Size​
[/TH]
[/TR]
[TR]
[TD]Mon, Jul 01, 2013
[/TD]
[TD]Tue, Jul 02, 2013[/TD]
[TD]Outright Treasury Coupon Purchases[/TD]
[TD]08/15/2020 - 05/15/2023[/TD]
[TD]$2.75 - $3.50 billion[/TD]
[/TR]
[TR]
[TD]Tue, Jul 02, 2013[/TD]
[TD]Wed, Jul 03, 2013[/TD]
[TD]Outright Treasury Coupon Purchases[/TD]
[TD]02/15/2036 - 05/15/2043[/TD]
[TD]$1.25 - $1.75 billion[/TD]
[/TR]
[TR]
[TD]Wed, Jul 03, 2013[/TD]
[TD]Fri, Jul 05, 2013[/TD]
[TD]Outright Treasury Coupon Purchases[/TD]
[TD]04/30/2018 - 03/31/2019[/TD]
[TD]$4.75 - $5.75 billion[/TD]
[/TR]
[/TABLE]

Well, well, well...

$11 billion worth of POMO in 3 days... If this doesn't push the markets up, next week will be UGLY...
 
SPX Today:

Need a close below 1615.94

Want a close below 1613.99

A close below 1613.20 would be even better

Anything lower than that would just make my bear claws tingle...
 
Someone posted this and I just wonder how many truly believe this (ok, beside BT and JJ)...

not me, i like to trade. sometimes i'll wait 6 months doing nothing until i can smell mom and pop's tears right before they're ready to pee their pants out of bullish glee. then i try to jump in and catch the falling knife. but i prefer to pretend it's really a samuri sword. hiiiyaaaah!
 
Someone posted this and I just wonder how many truly believe this (ok, beside BT and JJ)...

please insert sarcasm font here......you RottenMoneyBitch...that was me...look at the stock market from it's infancy...then look at it now...if we all live to be 150 years old and invest for a 100 years of our life we will make moolah...in your face...that's what I thought
 
please insert sarcasm font here......you RottenMoneyBitch...that was me...look at the stock market from it's infancy...then look at it now...if we all live to be 150 years old and invest for a 100 years of our life we will make moolah...in your face...that's what I thought

except for the fact that over time the stock market dollar price is almost the inverse of inflation. you got to be in to tie. gov or corporate bonds go backwards over the same period. there is no way for the little guy to win. it takes preferential connections or a certain economy of scale to ride the waves. birchtree's mass barely scratches the underside of the iceburg. none of us will get there unless we hit the powerball.

that's not to say there isn't wealth for us out there. but it has more to do with adjusting one's expectations rather than allocations. also it helps to have almost died a few times. the first couple you just think you got lucky. after a while you realize you are lucky for every day you get on the verticle side of the grass. it's all bonus round after that.

learn it, live it, love it.
 
please insert sarcasm font here......you RottenMoneyBitch...that was me...look at the stock market from it's infancy...then look at it now...if we all live to be 150 years old and invest for a 100 years of our life we will make moolah...in your face...that's what I thought

Yes, oh one who lives under a rck...

Since we don't live to 150 years old, nor invest for 100 years (heck, most people don't invest)... I guess if you had family money that was invested and passed onto the children and grandchildren...

How did the folks that were planning to retire in 2001 feel? or 2009? or maybe 1987? or 1975?

You silly rabbit, your fantasy land of "the market can only go up" doesn't fit into the mold of the last 2 decades (commonly called the lost decades)...

I don't plan on losing half my money because of the stupidity of any more bubbles. Enjoy your next buy and hold loss, and I hope you are still making money to DCA back up to where the market was...

Probably didn't make sense, its too early and I haven't had my diet pepsi yet...

Off to the treadmill (no really, work is later).

:p
 
Yes, oh one who lives under a rck...

Since we don't live to 150 years old, nor invest for 100 years (heck, most people don't invest)... I guess if you had family money that was invested and passed onto the children and grandchildren...

How did the folks that were planning to retire in 2001 feel? or 2009? or maybe 1987? or 1975?

You silly rabbit, your fantasy land of "the market can only go up" doesn't fit into the mold of the last 2 decades (commonly called the lost decades)...

I don't plan on losing half my money because of the stupidity of any more bubbles. Enjoy your next buy and hold loss, and I hope you are still making money to DCA back up to where the market was...

Probably didn't make sense, its too early and I haven't had my diet pepsi yet...

Off to the treadmill (no really, work is later).

:p

This is getting interesting.
 
Wow ... great returns! Good for you Mapper. Maybe you should be selling a premium service!? :laugh:

I subscribe to a premium service, money well spent, but add in my own twist because I have a lotta years left and my risk tolerance is high. If we had a bearish year I'd be scraping bottom rather than flying high and I'm the first to admit it.
 
There is definitely some value in buy and hold provided you constantly plow money in regardless of bull-bear cycle and choose equities wisely. Also re-investing dividends is very useful in this approach as one BT so regularly reminds us. There is also a lot of value in swing trading providing you don't panic and buy high, sell low like so many tend to do. What I've learned is consistency, it seems, is ultimately the "key" to investing. Also I've always heard "diversify, diversify, diversify"...so I use both methods. I B&H in an IRA account where dividends are automatically reinvested, I don't buy small caps in this account. I do sell equities when they reach 52 week peaks and I find another equity that looks to be undervalued. I don't B&H TSP because we don't get dividends. I do always plow my contribution money into the equity funds. May be just a small amount each payday but every little bit helps. Worked well for me during this bull cycle anyway.
 
Someone posted this and I just wonder how many truly believe this (ok, beside BT and JJ)...
I know from personal experience, 2000 - 2007, that it is not true. That is why I'm here -- not that I do any better on my own, but at least I try.

Unfortunately the primary earning years for many of us falls smack in the middle of this Secular Bear Market and that will have a lasting impact on our earnings. It's just the luck of the draw on when we were born. The only soultion is to work longer and save more. That assumes you can do that. My wife has already given up on me and gone back to work after being out of the workforce for 20 years. Work and save while you still have your health. That's my words of wisdom. :worried:
 
It's below 16 right now, so let's see if it holds!

$VIX is holding above $16 for now

$INDU is holding above 15k for now

$SPX is holding above 1620 for now

If this is all the strength the bulls can muster...

Half day tomorrow:
ADP Employment Report (precursor to Friday)
ISM Non-Mfg Index
EIA Petrol Status (not THAT big of a deal without huge changes)

Holiday on Thursday

Full day on Friday: (btw, how is TSP going to do this?)
Employment Situation
Jobless Claims

Big picture is that the market is at a cusp. There is a huge battle (again I might add) at the 50 day MA on most charts (lets ignore the RUT for now, but it is putting in a sweet topping tail on the daily) and with the 20 (going down) below the 50 (going up), the market is in a weak position...

If the bulls want to win, they HAVE to close above the 50 MA and then confirm their move with another higher close... period

If the bears want to win, they HAVE to defend the 50 MA and then sell to close below 1560.33...

If not, then we are in a sideways channel until someone decides to get off the pot and sell or buy...

Ok, done with lunch. Have a great day folks!!
 
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