Squalebear's Account Talk

[Guest2]

Here's hoping that the fed statement does little
to infuence the market downward and gives
Weason for a glorious Wednesday too.​

 

[nnuut]

Here's hoping that the fed statement does little​

to infuence the market downward and gives
Weason for a glorious Wednesday too.​

Is that Weason Oil for a smooth slide upward?:laugh:

 

[luv2read]

bump, bump, bump. Hitting that ceiling.:nuts:

 

[JTH]

bump, bump, bump. Hitting that ceiling.:nuts:

Waiting for the sell off...

 

[Guest2]

inflation of greater concern !
wording is great for todays market !
don't look for a sell-off today !​

 

[Guest2]

Is that Weason Oil for a smooth slide upward?

waskely wabbitt ! :nuts:

 

[Guest2]

Of coarse, we have a long time before the Market Closes.
As always, anything can happen by 4:00pm. The debate
on whether the statement was Hawkish or Not has begun.

 

[Guest2]

If the market closed now, I'd be in the Positive YTD for the first time since
July 10th, 2008. I'm looking for the S&P to close around 1271 and the Dow
to stay above 11500. The (DWCPF) is still lagging behind by about 1%.
I'm also looking forward to seeing the (DWCPF) leading the way tomarrow
in a follow up 0.50% rally. Should that occur, I'll be forced to take some
off the table. Its all about patience and realistic expectations.

 

[JTH]

I'd like to see it close above 1277 for some future support.

 

[Guest2]

I'd like to see it close above 1277 for some future support.

1279.32 right now, 1280 or bust !

 

[luv2read]

Look at F Fund spike into the green too!:nuts:

 

[Guest2]

Look at F Fund spike into the green too!:nuts:

Back and forth to unchanged in the (F)
Hoping for +300 in the Dow
and +30 in the S&P

Lets do a Samba together in hopes to motivate those on the sidelines
to come join the party. If not today, then a continuation for tomarrow.

 

[Guest2]

Well now, there seems to be resistance at the Dow 11556 area.
The S&P may not make the 1280's today either. But strange things
happen at 3:40-3:45pm. We can only hope !

 

[Guest2]

Maybe I spoke too soon, WHAT A DAY !

 

[nnuut]

1281.08 @ 15:41 :d

 

[Guest2]

Congratulations
one and all
on one heck of a
great day !​

 

[JTH]

Yes indeed is was a great day

Although I'm sad to have missed out on some great gains, I'm glad I didn't buy in today. For those of you who were already invested, congrats!!!

For those of you who pulled out of stocks today, your my hero!!!

 

[nnuut]

Congratulations​

one and all
on one heck of a​

great day !​

Tomorrow is another day, I expect that such a big gain today will result in a loss tomorrow, usually it does. I IFTed to 100% stocks because I think Oil inventories will be above expectations, (before the deadline) this may not be enough to stop the normal drop that is expected after such a gain (which I didn't think would be so large on a move by the FED today everyone expected), but it will be in play and Should force the price of Oil down further into its rightful price. We're are close to the S&P 200 Day SMA, It may take multiple hits to break through this resistance level, if it can't it's down we go. Nice day, have a good one!!

 

[nasa1974]

SB, Nice day. Good money. Congrats. Jumped ahead of the newbie.

May the force be with us.

 

[Guest2]

Tomorrow is another day, I expect that such a big gain today will result in a loss tomorrow, usually it does. I IFTed to 100% stocks because I think Oil inventories will be above expectations, (before the deadline) this may not be enough to stop the normal drop that is expected after such a gain (which I didn't think would be so large on a move by the FED today everyone expected), but it will be in play and Should force the price of Oil down further into its rightful price. We're are close to the S&P 200 Day SMA, It may take multiple hits to break through this resistance level, if it can't it's down we go. Nice day, have a good one!!

I found Tom's Commentary quite informative;
http://www.tsptalk.com/comments.html
In short, there are exceptions to the rule (rare as it may be). Technical
Indicators aren't looking so good and a pull back might wait for the ECB
to disappoint the US Market. I also think that Oil Inventories will be above
expectations and could offset a possible pull back today. I don't expect
triple digit gains in the Dow, but even a small gain would be acceptable.
Everything said to stay out of the market yesterday. Look what happend.
I can only go back to the (G) from here. I'm not thinking long term just
yet. With Head&Shoulders, Bermuda Triangles and the Loch Ness Monster
lurking about, I'm still in a Hit&Run pattern with goals of Capital Preservation.