Show-me Account Talk

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End of the month coming up so you might see some window shopping. Hang in there! We didn't start the year too great either remember. :o

I don't think you will see uptick from end of month. Maybe beginning of month. Do you window dress on a big down month? I'd think you'd want to be seen as in cash.
 
Yep, boy it's hard to hold when your take'n a beating. Nice moves by the way, looks like you miss almost all of the down draft. Kudos!
 
Thanks! Wasn't very happy about that premature buy signal I got on Thursday, but hey, it happens......................:o
 
I have decided to go to the G fund.

I considered the F fund, but am concerned that a afternoon sell off will elevate the F fund price. From a chart stand point the F would be a good play with 3 consecutive red candlesticks, but the a lot can happen after the noon dead line. :(

The S is running hard and fast. Looking back a year on the chart I don't see a run any harder and usually there is a step back before it goes any farther. What news is propelling the market other that the possibility of a future rate cut? In other word this "rally" is a bit of exuberance over a distant possibility, IMO.

GL everyone. :D

100% G
 
Shaping up to be a interesting day. Is this time to do some buying? Retest of the 200dma? I fund is looking tasty with the OSM flushing and the dollar rally.

More Armageddon on the way Cramer.
 
Lately, IMHO the mood for Fri. has been" Get Out For the Week-end". Way to scary for me. :notrust:
Dough Boy

Yes I hate spending the weekend in any fund, but a IFT today and one out tomorrow would be sweet if we get a Friday rally.
 
STA has Monday a Bear, but it is Expiration week and the DOW was up 9 of the last 11. Then bullish the rest of the week.

I'm not sure I will hold over the weekend, but it is a possibility because:

The closeness of the S&P to the 200dma.

The fact that the Fed is pumping money into the markets.

The rumor of a "possible" rate cut.

Anything can happen in this environment to take the wind out of the markets sails. If the fed is pumping a ton of money into the market to prop it up, then I would think the dollar should get weaker.

The uncertain part of playing the I fund is a late afternoon rally of the USM or a drop in the USD. I'm going to give it a shot.

100% I fund

Good luck.
 
I may be a day early..............................or ten. :worried: This subprime nightmare is spreading around the world. Will the Fed lower rates? I don't think so, but it is a election year. I do not have wisdom or experience in this area to look back on.:embarrest:

I will be off line helping my neighbor clean up the almost tornado from two nights ago. My wife watch it rotate right over our house while it tried several time to form a funnel. We feel very blessed and fortunate that it did not develop any further.

GL and have that bottle of Mylanta ready.
 
Show-me,

How blessed you are to have that almost tornado not hit your home. :) Let's count our blessings! It sort of makes you forget all that's happening at that place called Wall Street when it comes to the safety of your loved ones! :blink:
 
Show-me,

How blessed you are to have that almost tornado not hit your home. :) Let's count our blessings! It sort of makes you forget all that's happening at that place called Wall Street when it comes to the safety of your loved ones! :blink:


Thanks, I am back already. Damage is very minor and my son is helping him check fences.
 
Show-me,
How are you playing the I-fund today?

Poorly...................... ROFLMAO!!!:D


My hope was that the massive injection of cash the Fed has pumped in would beat the USD down. That and the FOMC meeting would be much more dovish in its statement. That and support for the USM at the 200 dma. And, I am holding out for good PPI and CPI numbers. Well it never happens like you hope.

This is a historically strong week with Friday Expiration, but the subprime and now the Alt-A loans are overshadowing any good news out there.

The more I think about this the more I think it is not over. AIG release their statement and do not have sub-primes but do have a ton of Alt-A. I think they are getting worried and that is why they made the statement. Kind of a gentle way of saying even though we are the "best of breed" and we did not participate in the sub-prime "grafting of weak lenders" we are starting to see it spread into other type loans. This is very bad IMO.

Jim Cramer, who I lost any respect for, is telling folks to walk away from their mortgages and acting very unprofessional. :worried: All that does is put pressure on folks that do pay their bills and is a shell game, IMO, to force the Fed to artificially lower rates to save his hedge fund buddies ............... for the short term. And to be honest I would walk away from a house that I was upside down in also, but I would not buy it in the first place. I'm cheap.

It doesn't look to good for the home gamers, but it is a buying op for long termer's like birch. I plan to liquidate some of my laggard in my personal port so that I have more cash to buy cheaper stocks. We still have not had the "10%" correction and are way over due and this is a perfect opportunity for it to happen. Since the Fed "injections" the market has not rallied at all and the is worrisome. All that cash, at best, just delayed the further decline.


I'm 100% I fund, hoping for a "relief rally" before we go lower and that is all.

GL everyone and stay calm. :sick: :D
 
When oil dropped to $10 back in the '80's - whole blocks of home owners turned over their house keys to the banks, primarily in Houston and places like that. We've been here before and this is all over done and exaggerated.
 
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