Steadygain's Account Talk

[whitemingo]

I agree. We are in for the ride, lets get what we can and also see if the strength is enough to push us through overhead resistance. I am so glad you came back to the MB.

 

[Steadygain]

i am hurting sooo bad i think i will stay of course this might be why i am bottem feeding

I seriously doubt we hit a BOTTOM - my friend. Look at the desperate activity by all the MAJOR PLAYERS in a HIGH ALERT attempt to avoid a REAL RECESSION.


WE WILL GO A LOT LOWER IN THE NEAR FUTURE WHEN REALITY SETS IN

 

[WIND_HUNTER]

Thanks Steady for your insight. And may the spirit of Hendrix live forever...

 

[mamikin]

Steadygain,

I echo the thanks expressed by others. I also made an interfund transfer for COB yesterday to the stock funds, but I decided to jump out COB today. I'll take any gains I make and run, get out before another drop. Plus I have to watch how many interfund transfers I make per month - no more than two. I received the warning letter from TSP and I heeded their warning. I'm glad I did now that I hear about others having to snail mail their future transfer requests. Be glad you didn't get one!

 

[Steadygain]

Steadygain,

I echo the thanks expressed by others. I also made an interfund transfer for COB yesterday to the stock funds, but I decided to jump out COB today. I'll take any gains I make and run, get out before another drop. Plus I have to watch how many interfund transfers I make per month - no more than two. I received the warning letter from TSP and I heeded their warning. I'm glad I did now that I hear about others having to snail mail their future transfer requests. Be glad you didn't get one!

Mamikin, it is you and the others that make this such a special place for me.

I'm thrilled you went in yesterday - and today is a good day to get out. Markets are already starting downward; but I HOPE tomorrow will pay off.

Thanks for being so sweet and precious to me!

 

[Steadygain]

WHAT A BEAUTIFUL DAY

ABSOLUTELY BEAUTIFUL!!


Does this remind you of Friday's Post
when the Markets were Tanking and I went in.



​

 

[whitemingo]

Lets hope that the third try at the 1320 goes through and closes above.

 

[kar_crazy]

its been along time coming

 

[Steadygain]

Lets hope that the third try at the 1320 goes through and closes above.

Usually the day after "the CUT" is a good day

I will be happy with any gain - as I believe the worst is yet to come


Again EVERYONE this is wholly based on a huge CUT​

 

[Steadygain]

Steady my friend..the last time we actually seen a green day, the day the feds cut was back in September or August IIRC...But not since then.​

​

Hi Dennis, good to have ya back my friend.

This situation was a whole lot easier to see. 1)We knew the BAD NEWS was comming and the Markets were going to TANK. 2) This time EMERGENCY ACTIONS were brought in from every direction - and thus everyone who didn't know it already - REALIZED A HUGE RATE CUT was in store - so today was meant to be BIG. George and Ben are toasting as I write this.

Unfortunately when the Markets rise too fast (like the recent 4% day gain) the next day doesn't do as well. With today's CUT however - the odds are still in our favor. ​

 

[Steadygain]

Right now - 4:30 - things are looking good. Euopean Markets are slightly down - as are the US Markets - but not enough to cause alarm. This is a good time to reflect on the previous week when the Markets had close to a 4% Gain - and I bought F Fund that day and make a decent Gain the following day. In comparison TODAY IS MUCH BETTER - The Markets have settled a little but not the wide swing of SELL OFFS.


Therefore I see the next few days as a solid potiential for further gains and may stay in a little longer. I don't see how the Dollar can be gaining strength with the BILLIONS AND BILLIONS of BAIL OUTS and RATE CUTS, but with news of the Dollar getting stronger (confirmed with Gold going down) and Oil going down as well - THIS IS EXACTLY THE KIND OF NEWS THAT WILL KEEP A RALLY GOING.

 

[Steadygain]

Been up since 1:00 this morning and found this funny
I don't have any sympathy at all for this guy ​

Bear Stearns chairman of the board and former CEO

Estimated losses: $477.8 million

Jimmy Cayne stepped down as Bear Stearns' CEO several months after it was revealed that he was playing bridge and allegedly smoking pot as two of the firm's hedge funds imploded last summer, touching off a crisis in confidence from which Bear Stearns never recovered. Cayne stayed on as the firm's non-executive chairman and is its second-largest shareholder.



http://money.cnn.com/galleries/2008/fortune/0803/gallery.bear_big_losers.fortune/3.html

 

[Steadygain]

The overall sentiment seems pretty BULLISH from the MB

I just researched the 5 Key Sectors - things look shakey to me.

I know the FED has done everything possible by grabbing JPMorgan Chase BANK and forcing them to get involved with Bear Stearns; guaranteed them against loss and letting the stocks go from $30 to $2 dollars for purchase a few days later. Most of the sectors are still solidly pointing to RECESSION - so some exposure to F Fund should pay off.

FOR NOW MY PRIMARY OBJECTIVE IS CAPITAL PRESERVATION - WHILE WATCHING OTHERS TAKE A LOSS.

60% G/40% F @ COB Today​

 

[Steadygain]

Does anyone know if it's possible to:

Add Hong Kong or Asian Markets to the TSP FUNDs

 

[Steadygain]

Here's the BIG NEWS everyone​

Towards the last hour - US Markets are going to spike up ​

and will end the day GREEN


Tomorrow Morning - deep in RED​

 

[nnuut]

Steady is that a DEFINATE or a DEFINATE MAYBE?:worried:
There's a lot of competition in the prediction business you know.

 

[Steadygain]

Steady is that a DEFINATE or a DEFINATE MAYBE?:worried:
There's a lot of competition in the prediction business you know.

To be honest - my intention was meant to spread HIGH OPTIMISM
to such a degree
OUR POSITIVE VIBRATIONS WOULD SEND SIGNALS TO THE MARKETS


Sometimes it's better not to ask.​

 

[Steadygain]

Market Analysis​

Dear Friends, I understand the "numbers" game and it is very hard to avoid that mentality - BUT THESE MEAN NOTHING TO ME. I do not see a certain number as HAVING SUPREME STRENGTH - and that it will be able to SUSTAIN the dynamics which affect our economy. ​

Here all of us need to appreciate that "MONEY" is largely the bottom line. When the Financial Structures - THE VERY PILLARS THAT ARE BEHIND THE MONEY CRUMBLE - the economy will suffer. Bear Stearns represents A HUGE SECTOR - VERY HUGE - and when the FED got JPMorganChase Bank (my personal bank) in on the situation it SHOWS A VERY MAJOR CONDITION WAS URGENTLY NEEDING ADDRESSED. JPMorgan told the FED - "no way in hell are we taking this loss" - the FED responded by saying "We are not asking you to take it" - We (the FED) will take the loss and you can buy at $2 a share (valued at $30). All this to SHOW THE PUBLIC that everything is OK. ​

SO RIGHT NOW - IT DOES NOT MAKE ANY DIFFERENCE IF THE MARKETS GO UP FOR A DAY OR TWO. IF YOU DO NOT HAVE YOUR MONEY IN G FUND or F FUND - YOU WILL MOST CERTAINLY TAKE A LOSS THROUGHOUT THE NEAR FUTURE. ​

The BULL is like the SUN - it will always be there and for awhile we will have to go through a rainy season. But the BULL remains in place - just like the SUN remains in place - and once we go down the sliding board HE WILL EMERGE AND DOMINATE FUTURE MARKETS. ​

 

[CorMaGa34]

Market Analysis​

Dear Friends, I understand the "numbers" game and it is very hard to avoid that mentality - BUT THESE MEAN NOTHING TO ME. I do not see a certain number as HAVING SUPREME STRENGTH - and that it will be able to SUSTAIN the dynamics which affect our economy. ​

Here all of us need to appreciate that "MONEY" is largely the bottom line. When the Financial Structures - THE VERY PILLARS THAT ARE BEHIND THE MONEY CRUMBLE - the economy will suffer. Bear Stearns represents A HUGE SECTOR - VERY HUGE - and when the FED got JPMorganChase Bank (my personal bank) in on the situation it SHOWS A VERY MAJOR CONDITION WAS URGENTLY NEEDING ADDRESSED. JPMorgan told the FED - "no way in hell are we taking this loss" - the FED responded by saying "We are not asking you to take it" - We (the FED) will take the loss and you can buy at $2 a share (valued at $30). All this to SHOW THE PUBLIC that everything is OK. ​

SO RIGHT NOW - IT DOES NOT MAKE ANY DIFFERENCE IF THE MARKETS GO UP FOR A DAY OR TWO. IF YOU DO NOT HAVE YOUR MONEY IN G FUND or F FUND - YOU WILL MOST CERTAINLY TAKE A LOSS THROUGHOUT THE NEAR FUTURE. ​

The BULL is like the SUN - it will always be there and for awhile we will have to go through a rainy season. But the BULL remains in place - just like the SUN remains in place - and once we go down the sliding board HE WILL EMERGE AND DOMINATE FUTURE MARKETS. ​

Hi Steady,

This month certainly honors THE IDES OF MARCH (remember the soothsayer's warning to Julius Caesar: BEWARE JULIUS OF THE IDES OF MARCH! That same day Julius Caesar was stabbed to death).

I fell yesterday and hurt my wrist and my back but nothing serious, everything is now very sore and turning blue and purple. So, if anything can go wrong it will, i.e., accidents, misunderstandings, negative stuff & bad luck in general, SO I'M STAYING IN G & F UNTIL APRIL (to get the IDES OF MARCH OUT OF THE WAY).

 

[Steadygain]

Hi Steady,

This month certainly honors THE IDES OF MARCH. So, if anything can go wrong it will, i.e., accidents, misunderstandings, negative stuff & bad luck in general, SO I'M STAYING IN G & F UNTIL APRIL (to get the IDES OF MARCH OUT OF THE WAY).

Cornelia, My Dear ONE - I hope your recovery is very fast and the pain is minimal.

I found your post somewhat amusing - and here I am not laughing at you at all (in fact your thoughts honestly warm my heart). Darling please know that what we are seeing now "MARCH" - has been in play for MONTHS and MONTHS. The FED has done everything possible to avoid "this situation" and turn it around ever since last summer and all the more aggressively over the past 6 months.

APRIL is only another week away - do not think of ARPIL as a safe month - as the "real show" is only getting started. The FED does not have any "tricks left" - The BAIL OUTS and THE CUTS - are over.