RealMoneyIssues' Account Talk

Hey John,

Since you are the only one here...

"Japan's June unemployment drops to 3.9% vs. 4.1%"

Nikkei futures start climbing

"Japan's industrial output falls 3.3% in June"

Nikkei futures climb even faster

USD gains strength on the JPY
(forgot to mention gold futures are getting a little spike in the USD strength - too bad they don't care about how devalued the USD is...)

Interesting, but it could be a fleeting fancy in their markets and then keep tumbling (down 10% in the last week)...

/NKD up 1% so far

Have a great night!!
 
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Anyone else see the last week's pattern somewhere else on this chart?

View attachment 24693

Makes me thing Japan will get a breather (up) day today, and then continue the plummet... now lets see if it's going to take out 12310

P.S. Sorry, forgot to crop the picture...
 
Well, looks like more bear slaughtering in the markets. All of this consolidation below the market closing high (1695.53) seems like the bulls are readying for a blast to new highs. Can anyone say 1700 today!

Sorry bears... especially you VIX bears... ouch!!
 
Hey John,

Since you are the only one here...

"Japan's June unemployment drops to 3.9% vs. 4.1%"

Nikkei futures start climbing

"Japan's industrial output falls 3.3% in June"

Nikkei futures climb even faster

USD gains strength on the JPY
(forgot to mention gold futures are getting a little spike in the USD strength - too bad they don't care about how devalued the USD is...)

Interesting, but it could be a fleeting fancy in their markets and then keep tumbling (down 10% in the last week)...

/NKD up 1% so far

Have a great night!!

The whole world is topsy turvy. Just dip your cup in the kool-aid bowl and smile. :nuts:
 
Good ADP job numbers and good GDP numbers => more fuel for the bulls


I feel for those bears who are holding on for a correction, TNA up nearly 28% (of course TZA down that much or more), and VIX toys XIV are up 40% (UVXY is nearing a 50% loss)...

When will you capitulate???


Anyway, I would assume my "system" will go on a buy signal today due to the strong economic signals and market strength over the last month or so... I won't take it, because I am still evaluating its worth... I still need decide how to tweak my "system" because it has just utterly failed this year... I am working with other signals to help enhance it, or possibly just replace it entirely... not sure yet
 
Listen, I've always used visual flight rules as my investment strategy - never used a system, never had a system and will never have a system - flying by the seat of my birches.
 
Good ADP job numbers and good GDP numbers => more fuel for the bulls


I feel for those bears who are holding on for a correction, TNA up nearly 28% (of course TZA down that much or more), and VIX toys XIV are up 40% (UVXY is nearing a 50% loss)...

When will you capitulate???


Anyway, I would assume my "system" will go on a buy signal today due to the strong economic signals and market strength over the last month or so... I won't take it, because I am still evaluating its worth... I still need decide how to tweak my "system" because it has just utterly failed this year... I am working with other signals to help enhance it, or possibly just replace it entirely... not sure yet

Replace it.
 
Listen, I've always used visual flight rules as my investment strategy - never used a system, never had a system and will never have a system - flying by the seat of my birches.
It sure seems like those with systems have been lagging to severely lagging the major indices this year.
 
RMI is a smart cookie, he just needs time to realize he's not on the golden path. He's floundering in the forest - step back and view the mountain for clarity.
 
Maybe I should have given my movie review for Pacific Rim a week or so back.

It landed in my reeks ass catagory.
 
Listen, I've always used visual flight rules as my investment strategy - never used a system, never had a system and will never have a system - flying by the seat of my birches.

Had I started 25 years ago, I would be in the same boat... I do not have the time to build a RMI-300 Mutual Fund...
 
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