Squalebear's Account Talk

I have ONE question that keeps circling through my mind....

.... I believe you would be 'uniquely qualified' to answer





What do you call a Bear that Squales in delight ??? :):nuts:
 
I have ONE question that keeps circling through my mind........ I believe you would be 'uniquely qualified' to answer

What do you call a Bear that Squales in delight ??? :nuts:

A Delighted Squalebear ! (LoL)

The Seven Sentinals have a "BUY SIGNAL" which may take a day or so
to fully develope. Being that I'm 100% in stocks at this point in October,
I think I'll stay in awhile longer to see what developes from this long awaited
Buy Signal.;) The market didn't respond to Earnings as I hoped it would
on Thursday. Today I'm hoping for the market to rise over the smallest bit
of good news. The S&P at 1100 has been just around the corner while my
patience has been wearing thin. Good things come to those who wait. Can
I get an Amen ! Uncle Ben speaks today (:worried:) Could this be the catalyst that
I'm looking for ? Hope so ! Hope is eternal ! Pie in the sky hopes ! ;)
Good Luck To Us All !
 
Great to see you..

High hopes indeed. Have a great weekend and make sure that your blessings are counted and appreciated!:cool:
 
The week ahead: The week ahead is equally busy for quarterly reports and also brings key readings on housing, jobs, income and - most notably - the first reading on whether third-quarter gross domestic product grew. GDP is expected to have risen at a 3.1% annualized rate, after sliding in the previous quarter.

On the earnings front, 137 of the S&P 500 are due to report this week. While it's the biggest number yet in terms of sheer volume, it's lighter in terms of the kinds of companies that drive the market. Standouts include Dow components Verizon (VZ, Fortune 500), Procter & Gamble (PG, Fortune 500), Exxon Mobil (XOM, Fortune 500) and Chevron (CVX, Fortune 500).

So far, 199 companies, or 40% of the S&P 500, have reported results. Profits are currently on track to have fallen 18.2% versus a year earlier, according to the latest from Thomson Reuters. Revenue is expected to have dropped more than 10% from a year ago. Of the companies that have reported, 81% have beat expectations, 7% have met and 12% have missed.

Economy Here's what else is on tap:

Monday: No market-moving economic news is due Monday.

Tuesday: Durable goods orders, from the Commerce Department report, are expected to have risen 0.7% in September, after falling 2.4% in the previous month, according to a consensus of economists surveyed by Briefing.com. Durable goods excluding transportation are expected to have risen 0.8% in September, versus no change in August. The Case Shiller Home Price index, which tracks 20 of the largest housing markets, is expected to show prices fell 11.45% in August after falling 13.3% in July. The October Consumer Confidence index, from the Conference Board, is expected to have risen to 54.0 in October from 53.1 in September.

Wednesday: Sales of newly constructed homes are expected to have risen to a 440,000 unit annualized rate in September from a 429,000 unit annualized rate in August. The Commerce Department report is due out shortly after the start of trading.
The government's weekly crude oil inventories report is also due in the morning.

Thursday: The first reading on third-quarter Gross Domestic Product (GDP) growth is the dominant economic report of the week.
Due for release in the morning, the government is expected to report that GDP grew 3.1% in the quarter after shrinking 0.7% in the previous quarter, with the economy emerging from a recession that began in December 2007. Also on tap: The weekly jobless claims report from the Department of Labor is due out in the morning. The House Oversight Committee holds a hearing on executive compensation that is likely to be widely watched on Wall Street. White House "pay czar" Kenneth Feinberg is set to testify. Last week, Feinberg called for the seven biggest recipients of federal bailout money to cut in half what they pay their top executives. Also last week, the Federal Reserve proposed a broad overhaul of pay policies at 28 of the largest U.S. banks. Thursday is also the 80-year anniversary of the 1929 market crash.

Friday: September personal income and personal spending reports are due in the morning and are likely to draw considerable attention, amid worries about the hard-hit consumer. Income is expected to hold steady after rising 0.2% in the previous month. Spending is expected to have fallen 0.4% after rising 1.3% in August. Also slated: the Employment Cost Index, the revised reading on consumer sentiment from the University of Michigan and the Chicago PMI, a regional reading on manufacturing.

http://money.cnn.com/2009/10/23/markets/sunday_lookahead/index.htm
 
AT 4:50AM THE US MARKET (FUTURES) LOOK PROMISING !

clock-premkt.gif
Dow+39.00 +0.39% 9,970.00
clock-premkt.gif
NASDAQ+9.00 +0.51% 1,761.00
clock-premkt.gif
S&P+3.80 +0.35% 1,080.70
 
I took my high risk portfolio and diversified just a bit.

(G)20%-(F)20%-(C)20%-(S)20%-(I)20%

Tomorrow's Employment Figures will give the market a great reason to move.
But the Buy Signals I see came just a bit pre-maturely. So I lean on tomorrow
being a disapointment. This was my first actual IFT for the month. I made a Boo-Boo
early on and we're back on track now. With all that said, Las Vegas odds are
in favor of me being totally wrong (yet again) and the rally will continue. Which
ever direction we see, I hope it's profitable for the masses.


Missing You All !
SB :)
 
Tomorrow's Employment Figures will give the market a great reason to move.
But the Buy Signals I see came just a bit pre-maturely. So I lean on tomorrow
being a disapointment. This was my first actual IFT for the month. I made a Boo-Boo
early on and we're back on track now. With all that said, Las Vegas odds are
in favor of me being totally wrong (yet again) and the rally will continue. Which
ever direction we see, I hope it's profitable for the masses.

yeah the retail traders' reaction to the employment figures is puzzling because if its much better than expected than it may spook people that the Fed may raise rates sooner than expected, and if its a crappy number that will spook the retail trader. But if its just right showing a slowing then the markets hopefully won't be too whippy. I think any weakness in the markets will be bought up again though in the short term considering where we are in the channels. If we had more IFTs I'd be right with ya!
 
Art Cashion (spelling?) wondered if the market could get by the bad
employment figures and fight back to some kind of reasonable loss.
Maybe something less then a percentage. I'm thinking "not" and a
loss of half of yesterdays gains could be the start of a steep fall.

I know, "might",,,,,,"could",,,,,,shoulda,coulda !

Hope not ! I'm holding my 20% spread alittle longer ! ;)
 
Today I made my 2nd IFT and took my diversified allocation 20-20-20-20-20
to a high risk, short term 0-1-33-33-33 allocation. I'm hoping for a bounce
off our intraday lows today and a positive Wednesday to make me look like
a genius. There's more room for upward movement, but not alot ! Good Luck !
 
Today I made my 2nd IFT and took my diversified allocation 20-20-20-20-20
to a high risk, short term 0-1-33-33-33 allocation. I'm hoping for a bounce
off our intraday lows today and a positive Wednesday to make me look like
a genius. There's more room for upward movement, but not alot ! Good Luck !

Squale --- don't bail after a quick gain of 5 to 8%

Hang on my friend -- from the Big Picture -- this is the time to be IN
 
Squale --- don't bail after a quick gain of 5 to 8% Hang on my friend -- from the Big Picture -- this is the time to be IN
Hoping for the best, but expecting the worst. All in order to keep my emotions in check. I've been staying "IN" at different levels and actually made it through October without bailing to the (G)arage. Keep me on track Steady, there's money in them - thare hills ! Together, we'll make a killing in the market while being emmerced in the glorious sounds of music from the heavens and poetry from your heart.

A run to SPX 1300 would be an exciting move to close out the year.
Your going from "worst to first" is a testiment to your knowledge and the Buy and Hold philosophy. Further, you've killed the effect that the Thrift Savings Board Limits have imposed on you. You say 1300 in the S&P by years end is possible ! I say; LETS DO IT TOGETHER !

You too, brother!:cool:
I love my TSPTalk Family ! Frixxxx, your the best and it's always a pleasure to hear from you ! I'm keeping it together and try to stay in touch as much as possible. That will continue and can only improve over time !

You did?? Me too, Thanks! Maybe...Great minds DO think alike! :rolleyes: - (heres hoping)
Thanks for saying so FAB1, I've never thought of myself as having a great mind. Given enough time, we'll all look like geniuses as the Dow and S&P will eventually top their old records ! I can only pray to be around when it does. Good Luck !

Thanks for the update SB, good to hear from ya.
The pleasure is all mine ! I'm hoping to participate more often then I have. But that's gonna take alittle more time. In the meantime, I'll stay in touch and follow the Market as best that I can. Great to hear from you too !
 
After checking my current Balance Percentages, I found that the (S) and
(I) Funds dropped below my original 33% allocation, while the (C) fund was
above 34%. I wanted more in the (S) and (I.) Funds so I did a <1%IFT.

Todays <1%IFT simply corrected the minor percentage differences in my allocations.

So I still stand at;

(G)00.00%
(F)01.00%
(C)33.00%
(S)33.00%
(I.)33.00%

Good Luck Everyone ! :)
 
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