Rod's Account Talk

[Rod]

Alright... That "kneejerk" reaction in Tokyo should be over by now.

It's hard to remove our emotions from the mix. We have to learn not to react so quickly when we see big drops. Personally, I don't like selling on a loss. So, I try and stick it out. That's why I kept 20% in the (I). Now I plan on placing another 20% in b/c it has 7% more to make up for its losses the past few days.

As of now, the Nikkei is up over 2% for the 19th. There's 7% more somewhere in the near future to be gained.

Effective Friday:

20 (G)

20 (S)

20 (C)

40 (I)

God Bless

 

[Rod]

Take your emotions out of the mix folks, and HANG TOUGH! Yeah... I'm talking to myself too!

I guess whoever gave me that negative rating did not.

God Bless

 

[Spaf]

Ratings

Take your emotions out of the mix folks, and HANG TOUGH! Yeah... I'm talking to myself too!

I guess whoever gave me that negative rating did not.

God Bless

Rod, Take care my friend! You rate high with me! Spaf

 

[Rod]

Remember folks, in any market environment patience is a must. If you are impatient you will find yourself kicking yourself in the buttocks when you suddenly see the market taking off w/o you b/c you were "on the sidelines" b/c of impatience & FEAR.

According to MLK_Man, the S&P is now at its support level of 1270. Now JUST MAY be that time to "buy in" if you are not already in.

I have a feeling that after Friday's action A LOT of folks will be buying in to include Tom. This was probably that pull-back he was waiting for and he knows that the "money train" is about ready to board!

BTW, I'll be flying back to the states TOMORROW from my deployment. It'll be NICE to be back with my wonderful Wife!!!

It will also be nice to finally have the TIME to track this market and make my moves according to EST instead of a day ahead of time. That has been rather difficult these past 5 months. BUT, there's PLENTY of time left in 2006!
I finished the first week of 2005 almost -3% (we all remember THAT week!) and ended 2005 almost +8%. So, there is plenty of room for optimism. So, hang in there and let's make some $$$!!!

God Bless

 

[Rod]

Rod, Take care my friend! You rate high with me! Spaf

Thanx Brother!!!

Yeah, ALL of us "old timers" on this site rate rather high with one another b/c we've all seen the valleys and mountaintops at one time or the other.

God Bless

 

[Rod]

Choo Choo!!!

Alright... That "kneejerk" reaction in Tokyo should be over by now.

It's hard to remove our emotions from the mix. We have to learn not to react so quickly when we see big drops. Personally, I don't like selling on a loss. So, I try and stick it out. That's why I kept 20% in the (I). Now I plan on placing another 20% in b/c it has 7% more to make up for its losses the past few days.

As of now, the Nikkei is up over 2% for the 19th. There's 7% more somewhere in the near future to be gained.

Effective Friday:

20 (G)

20 (S)

20 (C)

40 (I)

God Bless

Alright folks, I'm back in the states and I'm FEELING GOOD!!!

Well, the Nikkei is up nearly 3.5% for today! We've about made up that 7% I spoke of above.

The Nikkei is nearing a yearly high of 16,479.55, which was set on 5 Jan.

Will it hold and push through??? Do I stay in???

Those are the ??? I am asking myself. I just may make a move to (G) for Monday.

Looks like Microsoft is setting the US markets up for YET another GREEN day for The Street.


God Bless

 

[Rod]

This isn't the time to get greedy. I got from the (I) what I had intended. It's going to be at an all-time high. So, it's time for those gains to be digested. The US Markets are currently at or above their levels prior to the huge sell-off on 20 Jan, but I'm still going to "bank" the C&S along with (I) and perhaps catch that penny in (G) on Monday. It's been fun.

Effective Opening Bell on Monday:

100 (G)

God Bless

 

[Rod]

I believe Google's numbers coming out after the closing bell today will boost futures for tomorrow, thus possibly adding to a GREEN day. Perhaps The State of The Union Address and The Fed's meeting today will add a boost as well. Therefore...

Effective opening bell, 1 Feb:

40 G

60 S

God Bless

 

[Rod]

Looks like GOOG will not have a positive impact on the market for 1 Feb, although its 4Q sales did meet WS expectations. It just didn't exceed them:

http://money.cnn.com/2006/01/31/technology/google_analysis/index.htm?cnn=yes

God Bless

 

[Rod]

Well, NAZ futures are down 18.5. Not something us folks in (S) like to see. Perhaps that will turn around, perhaps it will not. I must admit, I was heavily "banking" on GOOG's 4Q earnings report. I like what one news commentator said, Google is now "on sale". Hopefully investors will look at it from that perspective and buy in. I know some of the regulars on here own GOOG. I'm sure they are hanging onto it in hopes of it reaching its "targeted" price of $500.

Since I'm now 60% (S), I simply need to remain patient if a sell-off follows today. Again, I hate selling on a loss UNLESS things are really tanking around us.

I'll just have to wait and see what today brings.

God Bless

 

[Rod]

The NAZ has broke through the clouds...

WILL IT CONTINUE???

 

[Rod]

(S) lost a penny. Whoop-dee-doo. Looks like investors shrugged off GOOG's 4Q report.

So far, the Nikkei is up over 1% for 2 Feb. If it holds, that may translate into a GREEN day for The Street.

Also, the DJIA is once again closing in on 11,000. I think everyone wants to see it surpass 11,000... and soon. It's simply "positive reinforcement" to the psychology of the market, which is good.

Just think, the lowest close on the DJIA was 28.48 on Aug 8, 1898.

The largest % drop of the DJIA occurred on Oct 19, 1987. It plunged a record 507.99 to 1,738.74. A drop of 22.6%. It took 15 months to recup.

The first time the DJIA closed above 11,000 was 11,014.69 on May 3,1999.

Its all-time high of 11,372.92 occurred on May 21,2001.

Jan 9, 2006- Rises 52.59 to close at 11,011.90, first close above 11,000 since June 7, 2001.

It's TIME... and I'm ready to see 11,000 and another all-time high!

God Bless

 

[Rod]

I've become simply amazed with The Street's kneejerk reaction's lately.

No kneejerk reaction here.

Hang'n tough.

 

[Rod]

Jobs report came in short...

The drop in unemployment was the latest sign of a tightening labor market, which could put upward pressure on wages and prices in the months ahead.

We will probably not only be looking at yet another interest rate hike in March but one in May too in which hopefully The Fed will pause for a while after that. 2006 was looking impressive in the beginning, but we still have a long way to go to turn that around.

It's still early in the year and I don't have to withdraw my TSP for another 34 years... contemplating 100 (S) effective Monday...

Stay positive...

http://money.cnn.com/2006/02/03/markets/markets_january/index.htm?cnn=yes

God Bless

 

[Rod]

Time to SPECULATE!

In every investor's life comes a time to speculate. What a week it has been! Perhaps we will rebound next week???

Effective Opening Bell Monday, 6 Feb:

100 (S)

God Bless!

 

[Show-me]

Speculate we are right on.

I'm with ya Rod. Let's go get'em.

 

[mlk_man]

Come one in guys, the water's warm!! Oopsie...........

 

[Rod]

BOOYAH BOYS!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

 

[Show-me]

Enthusiasm! You bet.

Gee, Rod ya could of said it with a little enthusiasm. LOL

 

[Rod]

Gee, Rod ya could of said it with a little enthusiasm. LOL

LOL!!!

Yeah, I've been a rather happy camper since returning from my 5 month TDY and catching up on all the cool programs like "Mad Money" on CNBC.

I'm also learning NOT to get excited over losses... but BECOME excited for those future gains!