Squalebear's Account Talk

[Guest2]

TEDDY BEAR PARK

Only cost me $4.7 M to have it established in the delightful town of Stillwater, MN.
Pocket change my friend :cheesy:

In honor of Kelly - who has been so gooood to you

She certainly deserves more then I can provide, thats for sure. I took
a look at the Stillwater site http://www.ci.stillwater.mn.us/ and imagined
retirement there. Peaceful, Inexpensive and Friendly comes to mind. On the
weekends, we'd go to Teddy Bear Park and hit the rollercoaster to stir up
the blood and enjoy alittle Cotton Candy on the way home. Heck, we'll just
sleep out under the stars and say all the things to each other, that we
should have said everyday we've been together.

Thanks for the Pocket Change my friend. It doesn't cost much to make a
person feel right at home and feel blessed to be able to tell you so.

 

[Guest2]

July's Results​

Month-To-Date: +4.38618%​

Quarter-To-Date:+6.46588%​

Year-To-Date: +2.66467%​

Ok, the results aren't stellar in comparison to the TSP
Fund returns. In July, I refused to stay at risk and bailed
on July 17th, 2009. I didn't want to lose a cent of my July
profits. In 12 trading days, I made more then a respectful
4% and I didn't want to get greedy. I really thought the
rally would see a reasonable 20% - 40% retracement of
its March lows. Obviously, it never happend and the rally
continued strong. I missed out on approximately 6.50%
in additional gains. Ouch !!!!!!!!! Spilt Milk !!!!!!!!!! I won't
look back. Still, in my gut, everyday of this rally has left
me frozen in the belief of a retracement. ​

Buk,Buk,Buk !! Chicken poop !! :nuts:​

Ok then, Monday is August 3rd and the keys will be handed
to those who have been locked in the (G)arage. What I
need now is for someone to convince me that this rally still
has legs. I want to be in to win, but maybe this isn't the best
time to jump in ? Come on people, convince me please ! ​

 

[WorkFE]

SB,
Obviously the first 68 people in the tracker are breathing a little easier, a small retracement <3% is not going to scare them into doing something they might otherwise not do. And I think any pullbacks from here will be that variety.
Those sitting between 5-10% you can pretty much cut that in half. They are not happy with it but they are comfortable with their current gains YTD. I know I am and I left alot on the table and I am not interested in 0% again.
Anything below 5% and 2008 is still fresh in the mind. It could easily be negative territory in a day.
Having said all that I do see 1000+ on the S&P. Alot of cautious optimism out there and I will continue to ride the wave for now. The longer the money continues to wait for a better entry the higher this thing will go. It needs to be fed.
Be wary my friend, You know who the trusted friends are on the MB.
GL and glad your back with us. even limited post are enjoyable.

 

[Guest2]

SB,
Obviously the first 68 people in the tracker are breathing a little easier, a small retracement <3% is not going to scare them into doing something they might otherwise not do. And I think any pullbacks from here will be that variety.

Those sitting between 5-10% you can pretty much cut that in half. They are not happy with it but they are comfortable with their current gains YTD. I know I am and I left alot on the table and I am not interested in 0% again.

Anything below 5% and 2008 is still fresh in the mind. It could easily be negative territory in a day. Having said all that I do see 1000+ on the S&P. Alot of cautious optimism out there and I will continue to ride the wave for now. The longer the money continues to wait for a better entry the higher this thing will go. It needs to be fed.

Be wary my friend, You know who the trusted friends are on the MB.
GL and glad your back with us. even limited post are enjoyable.

Thanks WorkFE, Its a pleasure to touch base with so many kind hearted friends such as yourself. I've heard on several occassions that should the market turn negative, 3%-5% will be the maximum. You've hit the nail right on the head when it comes to my tolerance level at +2% YTD. It certainly would be higher if my YTD percentages were higher. I'll have to chalk that up to mother nature.

We are < 2% away from hitting that 1000 mark in the S&P. The devil on my left shoulder says; "We hit that level intraday and resistance may be stronger then one thinks". The angel on my right shoulder says; "resistance is futile as the collective are about to beam aboard, from there, the sky's the limit".

Grrrrrrrrrr ! It's Animal House all over again ! What's more fun can be painful, what appears safe can be truly boring ! Your insight is consistant with some of the Pro's I've heard over the last few week. Although one actually said that 1300 in the S&P is his number for 2009. Gee, I want that guy to make all of us look like rookies and we see 1301 by years end. Great to here from you again and thanks for your insight.

 

[Guest2]

Tomorrow is the first day in August that the (G) Funders can legally move their money into risk. The fear of coming into the end of this rally has kept trillions of dollars on the sidelines. Thus, nothing carries more weight then the saying; "Wallstreet climbs on a wall of worry". My fear of missing out on more upward movement is beginning to override my fear of losses. If the big money starts to feel the same pressure, we may see a massive move out of Treasuries and Bonds, right back into equities before its all over. Wouldn't that be something special for our portfolio's !

All's I would have to do is grow a pair :nuts: and make sure I'm "IN" when it happens !

 

[XL-entLady]

Hey, Brother Bear! Are things going okay for you, my friend?

I've been about half in for two weeks, and I think I'm going to shove the rest into the market tomorrow ... and then break out into a cold sweat! :nuts:

Lady

 

[Birchtree]

Bulls are increasing in numbers but nowhere near anything that resembles a problem for the market. Party like it's 1995 all over again - now that was a ride to remember. And please keep feeding the bears, we need to keep them healthy and satiated. Right now the more happy bears the better.

 

[Guest2]

Hey, Brother Bear! Are things going okay for you, my friend? I've been about half in for two weeks, and I think I'm going to shove the rest into the market tomorrow ... and then break out into a cold sweat! Lady

I'm working hard at hardly working. Its my new "guido" in life.
(play on the word was intentional) Actually, I'm feeling very well
and only get an occassional reminder that I'm paying for Smith
Kline's retirement when I get dizzy from time to time due to the
amount of Meds I'm taking.

please keep feeding the bears, we need to keep
them healthy and satiated. Right now the happier the bears the better.

That cold sweat that Lady's experiencing is from the fever ! Kinda
like the Gold Rush of the 1800's. By the way, isn't that when you
first started to buy stocks. :nuts: Nobody told you that your Edsel and
Nash Rambler stock had a sell signal more then three decades ago.
Thats when the Seven Sentinels made the announcement. :nuts:
Gotta Love Ya ! Lets keep this train a move'n !

 

[Guest2]

Good Luck To Everyone During The Month Of August ! ​

 

[Guest2]

Something tells me we're going to see a strong early August, then a scarey
drop. Only to end with strength as retail shows growth as the kids return
to school. Just my gut feeling for now. However, I reserve the right to
change my mind. Even if it means that I must borrow that right from any
of my female friends here at TSPtalk.com

Remember, it is a Women's Right to change her mind ! (Controversial comment intended for hightend responses) :toung:

 

[GUCHI]

Sb

i like the way u talk... I take it that u don't believe in the term "don't start no sh-t and there won't b no sh-t" my man !!!!! lol lol !!!!!

 

[nnuut]

Something tells me we're going to see a strong early August, then a scarey
drop. Only to end with strength as retail shows growth as the kids return
to school. Just my gut feeling for now. However, I reserve the right to
change my mind. Even if it means that I must borrow that right from any
of my female friends here at TSPtalk.com

Remember, it is a Women's Right to change her mind ! (Controversial comment intended for hightend responses) :toung:

OK SB you better control that mouth!!!!:suspicious: View attachment 6630

 

[Guest2]

Sb

i like the way u talk... I take it that u don't believe in the term "don't start no sh-t and there won't b no sh-t" my man !!!!! lol lol !!!!!

Thanks Guchi ! I believe that quote actually came from the movie
"Men In Black" while Will Smith was yelling at a huge ugly bug while stomping
on it's uncles and nephews who were crawling around a dumpster.

Boy, I got too much time on my hands ! :nuts:

 

[alevin]

Something tells me we're going to see a strong early August, then a scarey
drop. Only to end with strength as retail shows growth as the kids return
to school. Just my gut feeling for now. However, I reserve the right to
change my mind. Even if it means that I must borrow that right from any
of my female friends here at TSPtalk.com

Remember, it is a Women's Right to change her mind ! (Controversial comment intended for hightend responses) :toung:

spoken like a true shebear, SB!

 

[Birchtree]

Even on a good plus day like today the VIX refuses to break - that means I'm safe awhile longer. I think it's creating a wonderful bearish head fake - let the bulltinky flow on their shoes.

 

[Guest2]

OK SB you better control that mouth!!!!
View attachment 6630

Are they bullet wholes I see ? Looks like somebody took a picture of me in drag ! :nuts: One thing, I quit smoking, so it must have been an old pic !

 

[Guest2]

spoken like a true shebear, SB!

One must release their feminine side from time to time.

 

[Guest2]

Even on a good plus day like today the VIX refuses to break - that means I'm safe awhile longer. I think it's creating a wonderful bearish head fake - let the bulltinky flow on their shoes.

So you think we have more room upwards aye !

I have one question !

If I'm a Bull, but I'm scared out of my mind, does that make me Good Bear or a Bad Bull ? :toung:

I think I'll join you today and try to ignore the impending head fake !

 

[Medic72]

being bullish without a little bit of fear is non existent IMO

 

[Birchtree]

My stomach is churning right now but I'm still a buyer of lovely wall flowers - buying on the upside is just a little easier than buying on the downside - but it has to be done. The problem is no one knows where the top is - but I think it's way much higher especially once the available liquidity starts to flow and today some of it will flow into the SPX. We are coiled and ready to spring to the upside. We could close up over 200 points on the Dow and I have no idea where that puts the SPX.