Show-me Account Talk

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The irony is we could have all just sat tight in I or S all year and been mucho fino. So how smart are we really?????
 
That's what I just got slam dunked with over at *****'s group.
 
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I'm having a tuff year. Watch the leaders, use Trader Fred and the sentiment survey. Watch the old guy that have been around awhile. Buy and hold is not a bad thing. Max out your contributions and use the L fund if your not monitoring the markets day to day.

Good luck and good trading.

Show,
You and I have been cellar mets in the 10th decile since Jan. It's been very frustrating to say the least. Nice jump this week. How'd ya do it? I'm anchoring the bottom now because I stayed in the market one day too long, Just 3 times in the last 6 months. I don't care about my ranking on the tally list but I do care about my CAPITALIST PIG bottom line. Which, is doing okay thanks to government matching!:cheesy: I'm ready to jump back in with ya....just would like to get a good jumping in point. Did we miss it?
Remo
 
Hey Remo,

Here is what sent me into the market. First thing I did was ignore my emotion about all of the ED that week. I'll write more tonight. My wife requests I take her to dinner and of course I obey. :blink:

A ton of ED this week. :worried: FTSE is at the 20 dma and the Nikkie is as well. The USD has had a good rebound but looks like it needs a rest.

Definitely high risk at this point. I may pull half out.

Well the dip buyers messed with me yesterday afternoon. Was hoping to buy some C fund cheaper, but I was not very committed with only 25%.

I am thinking of rolling over to the I fund even though the China drop happened. I wonder if this is a over reaction to the increase in fees and we will get a bounce in the OSM. Japan did not take it as hard and recovered toward the end. Also if the USM rallies on the FOMC minutes the OSM may pop.

Looking at the FTSE chart almost every time the FTSE had a major down day the next day was generally up. Over course the exception was the correction triggered by...........................China.

It is all speculation on my part and I have not done that well this year.

If I'm willing to risk half why not all. What a recovery UK and EZ made. Blew my theory out of the water. Looks like China is not as big a concern as the FOMC minutes.
 
Show-me-

This year has been weird on me too.

Just when you think you've got the patterns down, and you think you are in harmony with the markets- something goes bonkers and knocks around in a direction you weren't expecting.

Me too. I'm down to 68th place this year.

Well, at least we keep trying.

And there is always next year.

With a clean start, and a chance to make the big time.
 
Thanks Show. Enjoy Dinner. I've been slammed everytime I make a move...I'm gun shy.:worried:

Preach'n to the choir brother! Every time I made a move POW.

Show-me-

This year has been weird on me too.

Just when you think you've got the patterns down, and you think you are in harmony with the markets- something goes bonkers and knocks around in a direction you weren't expecting.

Me too. I'm down to 68th place this year.

Well, at least we keep trying.

And there is always next year.

With a clean start, and a chance to make the big time.

Just when you think you understand a little bit a rolled up newspaper across the bridge of the nose. Whack! O it hurts.

Dinner was fantastic only because of the good company. Dinner, shopping, shopping, shopping, shopping, ice cream, some trashy reading material, and her comfy pj's. Life is good in North East MO. :D
 
87 place i for some reason get slammed jump out and then miss gains next day:confused: but i am glad to find this board alot of people doing real well alot to follow and learn from ,good luck to all out here:cool: i wish the best to all
 
FTSE just fell off the table. Seems like the UK and EZ get very weak prior to our open a lot. Some one leaking ED early to the Brits or just nerves.
 
OK now! This is the flushing sound I was waiting for. FTSE is at or slightly below the 20 sma and this looks like a opportunity.

Going 100% I fund.

Don't forget the risk is very high.

From a "no emotion" stand the FTSE chart looks good. The USD chart also looks like the dollar is ready to fall back. It the ECB looks like it is going to raise rates that should make the Euro stronger against the USD.

Good luck everyone! :D
 
A gap down in the Nikkei with was expected. Afternoon session will be the real deal. I hope they do not flush like the EZ did today. Japan makes up 22.6% of the I fund. Followed by Australia 5.6%, Hong Kong 18%, Singapore 1.0%, and New Zealand 0.2%. Come on dip buyers!

If the Asian markets hold at this level at the close and Shanghai doesn't flush or the dollar rally, I would feel pretty good in the morning. So far Shanghai is holding to the green. China hang in there BABY! I'm not greedy, but a nice solid 2% leaning toward 3% would help our cause out tremendously.

UK, France, and Germany make up 41.2% of the I fund. The other 27.7% of EZ participants will follow the leaders. They took a pretty good whack from the ECB. The UK will announce its rate decision today. Pray we have no surprise rate hike. If they raise rates..............HOUSE OF PAIN!

I have no plan in staying in the I fund for more than two days. I don't like the risk with equities and currency. One geopolitical foul up and everyone will flock to the dollar and the equities would far to risky. Another perfect storm.

I will be looking at the C & S funds very hard. I still think they have what foreign consumers and investors want.................name brand globally recognized goods. As much as the world hates us they love our goods. Just ask Coke, Cat, IBM, GE, etc.

FTSE is my anchor. It has flushed out nicely for three days. It is due a freak'n rally. Even if it takes another day in the shorts I will hold. Next support is the 50 sma. If it blows through that and closes below it, then all bets are off.

Good night, good luck, sleep well, dive safe.:D
 
UK, France, and Germany make up 41.2% of the I fund. The other 27.7% of EZ participants will follow the leaders. They took a pretty good whack from the ECB. The UK will announce its rate decision today. Pray we have no surprise rate hike. If they raise rates..............HOUSE OF PAIN!

Wednesday, around Noon Mountain Time, CNBC said that the DAX had dropped over 3% in the last two days, for what it's worth.
 
News Release
Bank of England Maintains Bank Rate at 5.5%


7 June 2007​
The Bank of England’s Monetary Policy Committee today voted to maintain the official Bank Rate paid on commercial bank reserves at 5.5%.
The minutes of the meeting will be published at 9.30am on Wednesday 20 June.
Note to Editors
The previous change in Bank Rate was an increase of 0.25 percentage points to 5.5% on 10 May 2007.
 
So far so good! FTSE is holding rates. Nikkei clawed it way back to a flat close. Shanghai closed up nicely, 3%.

U.S. ED today is Initial Claims, Wholesale Inventories, and Consumer Credit.
 
So far so good! FTSE is holding rates. Nikkei clawed it way back to a flat close. Shanghai closed up nicely, 3%.

U.S. ED today is Initial Claims, Wholesale Inventories, and Consumer Credit.

Looks like the EU just choked on a bone over the jobless report - which wasn't that bad. Yesterday definitely rattled their cages, I don't think the US will skip a beat over it.:cheesy: (FXstreet had the consensus at 305K and is showing 309K in the red, yahoo has the consensus at 312K). By the way, the ECB kept their rate at 5.5%.
 
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