Show-me Account Talk

[malyla]

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

The last gap at this level took three months to fill. Why wish for an IFT unless you think the market has climbed out of this Euro mess. I think there is more pain before we gain.

Now this is a pretty picture, dropped down to the 200 sma and has a nice gap to fill. Wish I had some EXTRA IFT.

View attachment 17590

 

[Show-me]

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

#824 02/10/12 Oscar Carboni Shows a possible Warning shot fired by Dow Transports - YouTube

 

[Show-me]

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

Don't Be Fooled, The Obama Unemployment Rate Is 11%

Don't Be Fooled, The Obama Unemployment Rate Is 11% - Forbes

When Barack Obama entered office in January, 2009, the labor force participation rate was 65.7%, meaning nearly two-thirds of working age Americans were working or looking for work.

When the recession supposedly officially ended in June, 2009, the labor force participation rate was still 65.7%.

In the latest, much celebrated, unemployment report, the labor force participation rate had plummeted to 63.7%, the most rapid decline in U.S. history. That means that under President Obama nearly 5 million Americans have fled the workforce in hopeless despair.

 

[Show-me]

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

The trend is your friend, my re-entry was not picture perfect but at least I did not bail at the first sign of weakness. No can we get some follow through and we need the TRAN to kick it up a bit. If I could have nailed the Friday low I would be considering laddering out already to lower risk.

 

[Show-me]

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

#825 Oscar Carboni talks about Chavez and Natural Gas - YouTube

 

[Show-me]

Well, now I'm getting nervous. Flat top mean market drops...................

 

[Show-me]

Re: The trend is your friend!

I'm feeling a reduction of risk in my future. The more times you bounce off and create a flat top the more chance you have of dipping, possibly very hard.

 

[nnuut]

Re: The trend is your friend!

It can go either way, which way is the question.

 

[Show-me]

IMO, going much higher is less probable than going much lower. The Greek thing is coming to a head and it is very obvious that the Germans want to force Greece to default and leave the EU. Will they default and leave????? I seems like they are doing everything in their power to comply, but the people can not live like that for decades. They will leave Greece or Greece will throw up their hand, default and start over from scratch. Every cut they make decreases GDP and negatively impacts the economy which in turn reduces tax revenue and increases the debt to GDP ratio. It is in fact a death spiral.

The other geopolitical blip Israel and Iran......................

The charts are looking toppy is my main reason, we are just not making a clean break to a higher closing high. This is worrisome and a problem chart wise.

I'm not getting completely out, but I will reduce my risk and preserve my capital by 45%.

 

[Show-me]

[h=1]Euro countries voice doubts over Greek bailout[/h][h=2]Doubts in some euro countries over whether Greek bailout will work[/h]

BRUSSELS (AP) -- Some eurozone countries have strong doubts over whether a second massive bailout can actually save Greece, officials said Wednesday, even as Athens rushed to meet tough conditions to qualify for the euro130 billion ($170 billion) rescue.

Euro countries voice doubts over Greek bailout - Yahoo! Finance

 

[MrJohnRoss]

I agree with you that the flat top is not a good sign for the market, and caution is warranted. Your move to reduce exposure to risk is a prudent move.

 

[Bquat]

IMO, going much higher is less probable than going much lower. The Greek thing is coming to a head and it is very obvious that the Germans want to force Greece to default and leave the EU. Will they default and leave????? I seems like they are doing everything in their power to comply, but the people can not live like that for decades. They will leave Greece or Greece will throw up their hand, default and start over from scratch. Every cut they make decreases GDP and negatively impacts the economy which in turn reduces tax revenue and increases the debt to GDP ratio. It is in fact a death spiral.

The other geopolitical blip Israel and Iran......................

The charts are looking toppy is my main reason, we are just not making a clean break to a higher closing high. This is worrisome and a problem chart wise.

I'm not getting completely out, but I will reduce my risk and preserve my capital by 45%.

Change your mind yet? We may continue up. Someone's buying.

 

[Show-me]

Nope, transfer locked in.

 

[Bquat]

Nope, transfer locked in.

Well maybe you'll save more on the down side later.

 

[Bquat]

Well maybe you'll save more on the down side later.

support didn't hold. Maybe you'll save more soon.:worried:

 

[Show-me]

Today was the peak on Tom's President Day seasonality chart. Thursday is 30 year TIPS auction and Friday is sell off because I don't want to hold over the three day weekend day.

 

[Birchtree]

This market is following AAPL to the upside and is branching out to all boats including my tugboat. The NASDAQ +24 is carried by a 90% position in AAPL.

 

[Show-me]

This market is following AAPL to the upside and is branching out to all boats including my tugboat. The NASDAQ +24 is carried by a 90% position in AAPL.

Hard to believe the markets hinge entirely on AAPL.

 

[Show-me]

Core position..........................

This is why you keep the core position.......................yea.

 

[Show-me]

Re: UN warns world lacks food

6.93% YTD is not shabby but we are looking to play defense. The TRAN closed below the 50 dma and that is a big one. Seeing some of the open systems cashing out on the message board so go with what works. I'm thinking the exit is tomorrow.