Show-me Account Talk

[Show-me]

Mr. President is calling for a jobs bill tonight because his Party lost its ass in Massachusetts.

 

[Show-me]

We can not lead the world economy using clean energy if China and India are doing the same thing at a fraction of the cost with dirty energy. Get real.

 

[fedgolfer]

... Re st of the union address... I wonder what the prez meant by saying small business investment is free of cap gains taxes?

 

[Corepuncher]

we can not lead the world economy using clean energy if china and india are doing the same thing at a fraction of the cost with dirty energy. Get real.

precisely!

 

[Corepuncher]

It is at the bottom of the channel and the USD is right above the 200 day sma.

This is a pivotal moment in the markets and the dollar. Stand bye.

State of the Union in 9 minutes.

Do you think the dollar is about to breakout?

 

[Show-me]

Do you think the dollar is about to breakout?

I will go out on the limb, no.

Our Country has to much debt and incurring more every day. Our rates are artificially at zero and our bonds are being bought by the same Fed that bought billions of dollars of high risk, if not worthless mortgage backed securities. Other Nations are starting to raise rates and that makes us look even less attractive.

 

[Show-me]

He has a gift for saying all the right things. Good speech and he is a good orator. I wonder how much the Massachusetts election had to do with his subjects in the speech.

Leading the Global economy with the use of clean energy is not possible if China and India are making the same goods at a fraction of the price and using dirty energy. Drilling off shore, good. Cutting the budget, good. Increasing VA budget, good. Winding down the war, good. Securing the boarders, good. Cutting taxes, good. Making education better and affordable, good. Nuclear power expansion, good if done right. Opening credit to small banks and businesses, good. Charging a fee to the monster mega banks for using tax payer money to save their butts and then giving themselves record bonuses, good. Full discloser of lobbyist, very good. Full transparency of Congress and the White House, very good.

Many of the items he hit on are good. Universal health care and cap and trade, you have not convinced me that we can afford it. Not that it is not a good thing, but can we pay for it and can we be competitive on the Global economy.

I'm from Missouri, SHOW ME.

 

[Show-me]

It is Thursday and Fridays are sell days, but Friday is also the last trading day of the month. I will hold.

 

[Show-me]

Boy is my ass sore. :laugh:

 

[350zCommTech]

It is Thursday and Fridays are sell days, but Friday is also the last trading day of the month. I will hold.

Are you gonna hold for the Monday/first trading day of the month rally?

 

[Show-me]

That is the plan, I'm in deep at this point.

 

[WorkFE]

I hear ya Show. Have not decided to bail to the G or just move what I have in the I to CS. The dollar seems to be picking up to much steam to risk it much longer. Big down days do not normally bother me but they are becoming much more frequent.

Maybe monday is a better turn day. I hate sitting in the G at the beginning of a month.

 

[felixthecat]

I am off the autotracker right now, but expect to be back on shortly. It looks like I might get back on just in time to make it too last place.

I might as well stick it out until we reach 1043 S&P and then the market may turn the corner. I'm assuming it will bounce off the 200 day moving average. If not...oh well only imaginary money anyway.

Cheers.

 

[amoeba]

I am off the autotracker right now, but expect to be back on shortly. It looks like I might get back on just in time to make it too last place.

I might as well stick it out until we reach 1043 S&P and then the market may turn the corner. I'm assuming it will bounce off the 200 day moving average. If not...oh well only imaginary money anyway.

Cheers.

felix, the market isn't like a rubber band stretching off where you personally bought in. If you think it is going to 1043, then get out until it does and buy it then. Of course - I'm not saying it will bottom there (you did), or some higher, or lower number. But you aren't saving money or forcing the market higher by holding onto something you think will go down. Or that it will "have to" go up, after it goes down. That's called buy and hold. It hasn't made money in a decade plus.

 

[felixthecat]

Amoeba, I'm out. I was talking play money on the autotracker. I've been too busy and haven't moved my play money to safety. We should get a bounce soon. I may move my play money then.

 

[Show-me]

Early day at work. Maybe I am just looking for the positive because I am commited to hold over the weekend. Look at this EFA chart that mirrors the I fund. http://stockcharts.com/h-sc/ui?s=EFA&p=D&yr=0&mn=6&dy=0&id=p12628186821

I found some interesting points.

EFA would sell off at the end of the months of Sept. and Oct. to rally back in a new month. And, we are at the a support level that is the same as support for those months. This has created a wider and more flat channel.

Just something to look at. I was way to early to the dance, but maybe I can get it back.

Holding in fear.:worried:

 

[amoeba]

Amoeba, I'm out. I was talking play money on the autotracker. I've been too busy and haven't moved my play money to safety. We should get a bounce soon. I may move my play money then.

cats are smarter than dogs.

 

[Show-me]

My ass hurts again.

 

[350zCommTech]

My ass hurts again.

Perhaps this will cheer you up. Thanks to a -FV, the I fund is already up 14 cents for Monday.

The odd thing is that for once in a very long time, I'm actually on the right side of a FV.

Take a look at the chart in my thread. The dollar is due to fall.

 

[Birchtree]

I thought you'd still be holding out on the G fund - your position suggests you are ready to make some serious money. You know what they say - sore butt and all - no pain no gain.