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Re: Don't fall in love with the downside and keep emotions out of it.

Or are you upset that you are on the sidelines and not riding the choo choo train? :)

Just saying... ;)

Nope, this rally is unrealistic considering the fundamentals and has been since the August 2011 drop... The US corporate or government is not in a condition for the markets to be at 3 year highs, it just isn't realistic.\

If it wasn't for the Fed pumping nearly free money, thereby debasing our already fiat USD, the markets wouldn't be were they are at... can you say "bubbles eventually pop"?

And, yes, being on the sidelines is kinda frustrating ;)
 
Re: Don't fall in love with the downside and keep emotions out of it.

Nope, this rally is unrealistic considering the fundamentals and has been since the August 2011 drop... The US corporate or government is not in a condition for the markets to be at 3 year highs, it just isn't realistic.\

If it wasn't for the Fed pumping nearly free money, thereby debasing our already fiat USD, the markets wouldn't be were they are at... can you say "bubbles eventually pop"?

And, yes, being on the sidelines is kinda frustrating ;)

I agree with him and I have been on the train. Nothing has really changed that much to create a surge in the market like we have seen. That being said, I still want my profits.
 
Re: Don't fall in love with the downside and keep emotions out of it.

Every one loves free money going into their accounts......lol
 
Re: Don't fall in love with the downside and keep emotions out of it.

I agree with him and I have been on the train. Nothing has really changed that much to create a surge in the market like we have seen. That being said, I still want my profits.
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Every one loves free money going into their accounts......lol

There's risk still, so it isn't necessarily free... unless you borrow from the Fed ;)
 
Re: Don't fall in love with the downside and keep emotions out of it.

If the reward is greater then the risk........ buy, I do agree it is crazier then hell. I' m just glad to take advandage of it
 
Repeat after me.
The trend is your friend.
Risk equals reward.
The markets are not the economy.
Pigs get slaughtered
LOL
 
Repeat after me.
The trend is your friend.
Risk equals reward.
The markets are not the economy.
Pigs get slaughtered
LOL

If your risk equals your reward, then you are not trading safely... just saying...

And yes, the markets are not the economy... and when the markets reflect the reality of the economy, many bulls will scream like pigs...
 
Risk = reward is a double edged sword. The market is not the economy, because companies are the market and they can increase overseas sales while cutting labor cost and stream lining operations. That and zero interest or low interest money makes for good market action while our economy still sucks for the little guy. Most companies will always make money unless they are mismanaged.
 
There is always risk, just to what degree. I lowered mine by decreasing my share in the market and having my finger on the eject button. Just paying attention to the trend helps reduce risk.
 
Higher the risk, the bigger the reward. It depends on how much you are willing to tolerate. A run like we are on right now?, lets see what tomorrow brings.
should be fun and possibly rewarding.
 
Greece is a pain in the a$$.

(Reuters) - Euro zone finance ministers told Greece it could not go ahead with an agreed deal to restructure privately held debt until it guaranteed to implement reforms to secure a second financing package from the euro zone and the IMF.

http://www.reuters.com/article/2012/02/05/us-eurozone-greece-teleconference-idUSTRE8140CQ20120205


• Greek PM asks finmin to prepare eurozone exit report
• Merkel, Sarkozy insist no Greek reforms, no €130bn bailout

• EU commissioner: plans being made for Greece's euro exit

http://www.telegraph.co.uk/finance/...ebt-talks-as-it-happened-February-6-2012.html
 
Re: The trend is your friend!

The trend is your friend, and the TRAN is following the trend to a tee. The candlestick broke down and almost touched the 20 dma and recovered making a perfect bottoming tail just like in past weeks. The charts don't lie. The EMW is building a base again, just like in past weeks. If the pattern continues we should se a pop in one to three days.

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And, we have the I fund chart. Nice break above the 200 sma and confirmation with a higher high.

efa.png
 
Three days of basing and the chart is coiled up like a spring ready for the next move up. The TRANS retested the 20 dma is is ready to GO.


tran.png

emw.png

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As the Greek tragedy unfolds I did some research to familiarize myself with the situation in Greece. From a May 2011 article that interviewed a Greek cop with five years service. His monthly salary was $1,000 US. By law they get 14 months of salary, one each month, one month extra on Christmas, a half month on Easter and another half month in August for vacation season. One month $1000 USD and $600 per month goes to rent and utilities.

This morning I watched a report that in Greece the suicide rate is up 40%, homicide is up 100%, pay cut 40%, sales taxes up 21%.

Their misery is just beginning.
 
As the Greek tragedy unfolds I did some research to familiarize myself with the situation in Greece. From a May 2011 article that interviewed a Greek cop with five years service. His monthly salary was $1,000 US. By law they get 14 months of salary, one each month, one month extra on Christmas, a half month on Easter and another half month in August for vacation season. One month $1000 USD and $600 per month goes to rent and utilities.

This morning I watched a report that in Greece the suicide rate is up 40%, homicide is up 100%, pay cut 40%, sales taxes up 21%.

Their misery is just beginning.

... and so begins the future of all nations who have spent beyond their means, and can never possibly pay it all back. The misery and suffering will be felt by all of us here in the U.S. as well. Greece is just an omen to our own future.

As I posted previously...

“There is no means of avoiding a final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of voluntary abandonment of further credit expansion, or later as the final and total catastrophe of the currency involved.” ~ Ludwig von Mises

 
All due respect John, but this strikes me as a bit hyperbolic ... unless of course we don't as a nation make wise "austerity" choices. The future is in our hands, it just depends on how wise we are.
 
Re: UN warns world lacks food

Democracies never make the right austerity choices because the people that the leaders serve are voters too. No one is willing to make great sacrifice, not the politician looking to get another term, not the company that lobbies Congress, not the taxpayer and not the citizen who whats to continue their lifestyle. Let's put it off until the next election cycle.............................oh what we are always in a election cycle.

Sound grim but our history keeps repeating, repeating, repeating, repeating.................................

Common sense is not that common.
 
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