Show-me Account Talk

[Show-me]

Hessian,

That IS the exact pattern I have been seeing and following. On a candlestick chart it is almost a exact mirror image with only two exceptions in 12 day.

Cayman,

I read that too about the wrestler.

 

[hessian]

"...it was said that "The Financials" got it started going up, and by my conspiracy theory, these same institutional crooks will sell it off/take all the "little-guys" money as profits tomorrow/Friday."
VR

Posted the above a couple days ago, Wed., 02/20/08 (post #949).
I think today we were ripped-off, again - [big-time ]!! - (today, just in-reverse)

I sure hope, that maybe with the weekend to think about it, folks seriously begin to question:
[just how bad are us "little-guys" (individuals, retirees, etc.), really being "played"].:suspicious:
VR

 

[tsptalk]

I sure hope, that maybe with the weekend to think about it, folks seriously begin to question:
[just how bad are us "little-guys" (individuals, retirees, etc.), really being "played"].:suspicious:
VR

I must agree, but I blame myself for not taking more advantage outside of the TSP where we can act on these intraday swings. I don't know how long it will last, but fading the SPY / VXF / EFA when the Dow is up or down triple digits intraday, is the play dejour.

We are the "little guys" but we (us on the board) see what's happening. The buy and hold guy doesn't even know what's going on and isn't really affected. It's the small traders that are getting hit, particularly the TSP'er who who trade on emotion and get whipsawed as you descibe in your original post.

 

[Show-me]

"Significant progress", "say there is a likelihood", this sounds like maybe, could be, might happen. What ever!!! It is a rumor not news. News is something that is happening, not something that might happen. We know no detail and it might "blow up".

CNBC should be sued over reporting a rumor and not fact. Bastards!

 

[Show-me]

http://www.cnbc.com/id/15840232?video=660956682

Here is the vid.

 

[Show-me]

 

[Show-me]

Stupid, stupid, stupid. Sound like I'm to slow and need to get with it. I missed to many opportunities convinced the market is going to retest the lows.

Need to listen to Robo and take the profit then wait for the next one.

Next week will be better.

 

[Bullitt]

Need to listen to Robo

... instead of CNBC.

 

[Show-me]

... instead of CNBC.

I never take anything they say as solid unless it is from Rick Santelli. I really like it when he puts the screws to Steve Liesman. Funny thing, Liesman ............. Lies man. Coincidence? I think not.

 

[Corepuncher]

I never take anything they say as solid unless it is from Rick Santelli. I really like it when he puts the screws to Steve Liesman. Funny thing, Liesman ............. Lies man. Coincidence? I think not.

I don't know if it is correct to think this way but I tend to see the bond people as more reflecting the fundamentals since most "amateurs" tend to go for stocks. Is this a correct assessment?

 

[robo]

... instead of CNBC.

Robo listens to Henry, and Bob......

 

[Birchtree]

Bob Brinker said recently: "As has been the case with every correction since August 2007, several stock market pundits are claiming that a bear market is underway. We do not believe this is the case. We are with Birchtree. We expect the S&P 500 Index to work its way into record new high ground by late this year or in 2009."

 

[robo]

Bob Brinker said recently: "As has been the case with every correction since August 2007, several stock market pundits are claiming that a bear market is underway. We do not believe this is the case. We are with Birchtree. We expect the S&P 500 Index to work its way into record new high ground by late this year or in 2009."

Birchtree,

He also thinks we will have only a brief and mild recession during the first two quarters of 2008. He could be wrong, but we will not know for sure until July when the numbers come in.

The Doom and Gloom folks are showing up everyday on CNBC and screaming the end is near!

Maybe it is, but you can bet most of those guys are shorting and they sure don't want buyers coming into this market like they did Friday.... Talk about some ticked off Bears....

I'm all for the test of lows again, but first just give me one more sweet rally Monday and Tuesday so I can ring the bell. A nice gap up Monday and I will probably take it.

Heck, then maybe I will get to buy-em back on the cheap... However, at some point the sale will be over and you will have to pay up to own-em. When is the big question? Days, weeks or months or never! I think we are getting closer and it could be as early as March...

Only the shadow really knows for sure.... You need to be nice and not spread around too much manure my friend and tick off the local's. The Board is very Bearish now and many Bears are looking to kick some Bull Butt and have some Angus Burgers. Hey, you are a very smart guy, and I was also wondering, what part of the Bull does the Angus really come from?

Anyway, take care during these Bearish times here at TSPtalk Big Bull. Someday 12% will be Bullish again, but for now he is calling for DOW 10,000 and he could be correct, but that’s not your opinion that’s for sure. Be careful grazing in these Bearish threads and please don’t spread around to much manure while you are there.

Take care!

 

[Birchtree]

Here is a little dried manure - just add water to activate.

"However, where I differ in my assessment from the dire forecasts of the bears is that I expect the latest bout of monetary and fiscal easing to work (like it always has) thereby inflating stock-markets worldwide. Over the past several months, central banks and various Sovereign Wealth Funds have pumped billions of Dollars into the financial system and I expect this infusion of "money" to ultimately support the stock market in the US and elsewhere."

http://[[[financialsense.com/editorials/saxena/2008/0220.html

 

[Show-me]

Hi everyone! Ah, back from a day of stimulating the economy. Live'n the dream. Got two new toys in honor of Hillary.

Sad note my 1997 Grand Voyager with 200,000 miles is on its dieing breath. Will be forced to go USED car shopping in the next week. Good note, is repo's are at a all time high and there are a ton of almost new bargains out there. More economy stimulating to come. LOL :laugh:

Corepuncher,

I tend to like Rick for that reason, he seems to see the fundamentals in a different light that makes some sense to me. And he is very adamant and passionate about it and bit%$ slaps Liesman all the time. They have quite a little rivalry going on. Plus Rick seems to be the underdog against all of the "cheerleaders".

 

[Show-me]

Bring on the manure! I can take it. First I need a nap. ta ta

 

[Birchtree]

Because the 19 and 39 EMAs on the NYAD look pinched, we could have a big move coming.

 

[Show-me]

The Week Ahead

Last Update: 22-Feb-08 08:17 ET



Home Depot (HD), Target(TGT), American International(AIG), Sears Holdings (SHLD), Dell (DELL), and Sprint Nextel (S) are among the more widely held companies due to report their latest results next week. Briefing.com's Earnings Calendar shows a more thorough list of companies currently scheduled to announce earnings.

As for economic data, our Economic Calendar provides a preview of the week's upcoming announcements. Some of the week's highlights include January's Durable Goods Orders and Preliminary Fourth Quarter GDP data. Market participants keeping a watchful eye on inflationary data await January's PPI and Personal Consumption Expenditure (PCE) data.

Fed Chairman Bernanke, meanwhile, delivers what will be some closely watched testimony on monetary policy to a House panel midweek.
________________________________________________________________
Monday, February 25:

• Earnings: American Tower (AMT), Lowe's (LOW), Nordstrom (JWN)
• Economic Data: January Existing Home Sales
• Events: None
• Conferences: Credit Suisse Global Services Conference
• Fed Speakers: None

Tuesday, February 26:

• Earnings: AutoZone (AZO), CBS Corp. (CBS), DISH Network (DISH), Domino's Pizza (DPZ), El Paso (EP), Foster Wheeler (FWLT), Home Depot (HD), Macy's (M), Office Depot (ODP), Radio Shack (RSH), Target (TGT), US Cellular (USM), Autodesk (ADSK)
• Economic Data: January PPI; February Consumer Confidence Survey
• Events: None
• Conferences: Credit Suisse Global Services Conference
• Fed Speakers: Fed Governor Kohn speaks on monetary policy and economy in NC (12:15 PM ET)

Wednesday, February 27:

• Earnings: Dollar Tree(DLTR), Toll Brothers (TOL), Limited (LTD), McDermott (MDR)
• Economic Data: January Durable Goods Orders; January New Home Sales; Weekly Crude Inventories (week ending Feb. 23)
• Events: None
• Conferences: Credit Suisse Global Services Conference, Wachovia Homebuilding & Building Products Conference, Credit Suisse Transportation & Logistics Conference, Credit Suisse AES & Equity Derivatives Forum
• Fed Speakers: Fed Chairman Bernanke testifies on monetary policy before House panel (10:00 AM ET)

Thursday, February 28:

• Earnings: Cablevision (CVC), Fluor (FLR), Freddie Mac (FRE), Sears Holding (SHLD), Sprint Nextel (S), American International (AIG), Dell (DELL), Gap (GPS), Kohl's (KSS), Viacom (VIA.B)
• Economic Data: Fourth Quarter Preliminary GDP and Chain Deflator; Weekly Initial Jobless Claims (week ending Feb. 23)
• Events: None
• Conferences: Wachovia Homebuilding & Building Products Conference, Credit Suisse Transportation & Logistics Conference, Credit Suisse AES & Equity Derivatives Forum
• Fed Speakers: None

Friday, February 29:

• Earnings: Brown Forman(BF.B), Pepco Holdings (POM)
• Economic Data: January Personal Income, Spending, and PCE Inflation; Chicago Purchasing Managers February Index; Revised February University of Michigan Consumer Sentiment Survey
• Events: None
• Conferences: Wachovia Homebuilding & Building Products Conference, Credit Suisse AES & Equity Derivatives Forum
• Fed Speakers: Fed Governor Mishkin and Boston Fed President Rosengren speak at monetary policy forum (10:15 AM ET); Atlanta Fed President Lockhart speaks on subprime mortgage crisis (12:15 PM ET); Chicago Fed President Evans and St. Louis Fed President Poole speak at monetary policy forum (1:30 PM ET)

--Jeffrey Ham, Briefing.com

 

[Show-me]

 

[Show-me]

AP
Oil Prices Again Near $100 a Barrel
Monday February 25, 6:10 am ET

By Pablo Gorondi, Associated Press Writer Oil Prices Rise to Near $100 a Barrel on Concerns Over Turkish Incursions Into Iraq

Oil prices rose to near US$100 a barrel Monday as the Turkish incursion into northern Iraq and warnings by Iran against further sanctions heightened concerns over potential crude supply disruptions.

Turkish troops fired more than 40 salvos of artillery shells Monday across the Iraqi border against Kurdish rebels, a day after the military confirmed a Turkish helicopter crashed in Iraq and eight soldiers were killed.

http://biz.yahoo.com/ap/080225/oil_prices.html