Show-me Account Talk

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Show me,
Here is a little love for you.
mygn
buy if 60.33 with 1400000 volume
set stop at 54.50
1st target 66. 2nd target 76
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AP
UAW to renegotiate labor terms, suspend jobs bank
Wednesday December 3, 4:21 pm ET
By Kimberly S. Johnson, AP Auto Writer UAW says it will suspend jobs bank, delay automakers' trust payments, renegotiate labor terms

DETROIT (AP) -- The United Auto Workers said Wednesday it is willing to change its contracts with U.S. automakers and accept delayed payments of billions of dollars to a union-run health care trust to do its part to help the struggling companies secure $34 billion in government loans.

United Auto Workers President Ron Gettelfinger said the union will suspend the jobs bank, in which laid-off workers are paid up to 95 percent of their salaries while not working, but he did not give specifics or a timetable of when the program will end.

http://biz.yahoo.com/ap/081203/autos_uaw.html
 
Show me,
Here is a little love for you.
mygn
buy if 60.33 with 1400000 volume
set stop at 54.50
1st target 66. 2nd target 76
Skip
well we didn't get the volume today 1.1 million
but it did well open 58.19 close 59.79 high 60.50
I think it will hit the volume for a nice move..
wait for it...
Skip
 
Morning Skip,

Look'd at your pick and I think it might have some legs if the market tide as a whole does not go out. Looks like it found support at the 200 dma and your second target price looks very possible.

Thanks for the love and good luck!
 
Morning,

Made my decision to go G fund due to Oscar and my own very basic chart analysis. Here it goes.

http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p51972347693

Take a look at C fund, 20 dma is the resistance. It pierced it at the beginning of Nov. but failed and it is doing it again.

http://stockcharts.com/h-sc/ui?s=$EMW&p=D&yr=0&mn=6&dy=0&id=p51972347693

S fund, very broad market fund and it is following the 20 dma also.

http://stockcharts.com/h-sc/ui?s=EFA&p=D&yr=0&mn=6&dy=0&id=p51972347693

I fund, following 20 dma to the letter.

http://stockcharts.com/h-sc/ui?s=$FTSE&p=D&yr=0&mn=6&dy=0&id=p51972347693

http://stockcharts.com/h-sc/ui?s=$NIKK&p=D&yr=0&mn=6&dy=0&id=p51972347693

FTSE and NIKKEI are both in the same boat, 20 dma is king resistance.

To me that trend is pretty strong at the 20 dma and to pierce it would not impress me that much. This and with Oscar's analysis will have me wait a bit for the jobs report. I will hope that the doom and gloom media will focus on the revision of last months numbers. I figure they under estimated or flat out lied about them.

There is some news in the works that could effect the market either way. The Big Three, the UAW job bank concession, more Fed and Treasury programs, and the government lowering mortgage rates.

I still struggle with the massive bailing out of everyone. How can we pay for it? Our leaders are betting the farm on the bail outs but what about the workers that made this the biggest consumer driven economy in the world? What about paying for Social Security and Medicare? Where will the money come from? I can not see foreign countries continue to buy our Treasuries blindly because we are no longer the king of the hill.

Basically sell any rally is my new motto.
 
Show-me;Where will the money come from? I can not see foreign countries continue to buy our Treasuries blindly because we are no longer the king of the hill.[/COLOR said:
[/SIZE]

Now we just print money and buy our own Treasuries. We don't need other countries to buy them anymore.... Go Ben! Crazy times..... How long can they continue to do this still remains to be seen.
 
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