Steadygain's Account Talk

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It is illegal to lick the frog as well as even own the frog - hallucinogen. Reminds me when I was a baby sitter at the University of New Hampshire in 1970 when kids were taking "blue cheer".
 
Well ladies and gentlemen - brothers and sisters - and all my dear friends TODAY WAS WONDERFUL

TOMMOROW'S FORECAST IS SUNNY - SO ENJOY IT WHILE IT LASTS.
 
Careful my friends - you keep talking like that and I'll probably start moon walking down the halls and all kinds of far out stuff. The receptionists would get a kick out of it, but it may make the patients a bit uncomfortable. :)


Well - let's return to the poker game - and everyone of us is in. WV Girl called and now we're laying down our hands.

Results are as follows: One card remains unseen in each hand.

All hands holding the S Fund - A pair of Aces
All hands holding the C Fund - A pair of Kings
All hands holding the I Fund - A pair of Threes

If your holding both S and C - You have 2 Pair (Aces and Kings)

The last card in S and C are trivial.
The last card in I is another Three.

OK Nnuut RELAX!! We all know 3 of a kind beats 2 pair. It's cool man - be cool.

Article 1740b mandates we caution the audience that any form of gambling can result in loss and yesterday's hand is no guarantee that today's game will have the same results.

Value of yesterday's hands:
Pair of Aces = 1.45%
Pair of Kings = 1.23%
2 Pair = 1.34%
3 of a kind = 1.47%
 
Sweet indeed - welcome aboard - but I sense something beyond sweet.
Well you know you're a sweet little heart breaker .... hummm FOXY
and you know you're a sweet little love maker .....hummmmmmm FOXY

I want to take you to Atlanta's Hyett Regency Whaaa uuu whaaa uu ahhh
I WON'T DO YOU NO WRONG --- NO
YOU GOT TO BE ALL MINE ALL MINE
Ummmmmmmm Foxxxxxxxy Lady

Carefull everyone - we're about to crash. Oh darn it's back to reality.

OK - here's my little take on the Markets. C and S are losing BIG TIME - too big - so it will probably turn around a bit by the end of the day. The I Fund - hasn't lost as much - but still should gain a bit back. I STILL THINK WE ARE ENTERING HUNTING SEASON - BASED ON TOM'S SEASONAL CHART AND THE GENERAL MODE CONTINUES TO SHOW MANY ARE ANXIOUS TO PUSH THE MARKETS HIGHER. So I will remain in I Fund at least through Tuesday. I think the Fed's little cut had nothing to do with yesterday's gain - if anything the message was loud and clear DON'T EXPECT ANY MORE. The rising cost of oil along with progressive worsening conditions will undoubtedly lead to a major setback in the relatively near future - BUT FOR A LITTLE WHILE WE ARE SOLIDLY IN A SEASON THAT SHOULD BRING US TO THE MAGIC CASTLE - AND THEN WE CAN SPRINKLE THE MAGIC DUST ON EACH OTHER AND FLOAT AROUND - IN THE ULTRA STATE OF TRANQUILITY.
 
Once the FED goes into lower mode, they don't stop for a long time. They may skip a move, but they always continue the trend for an extended period of time. I think they were simply asserting their independence and attempting to stop the market from pricing in another rate cut in December. We have to stop this congruence between the FED and the markets, it's not supposed to work this way and I think it's dangerous.
 
Wow REACTIVE1 - Nice to hear from someone who thinks like me. Good to have you on board. Either the world is becomming UNGLUED - and you and me, along with Griffin and many others are simply INSANE - or we are very in touch with THE TRUE REALITY and THE DANGERS INVOLVED.

I commend you on your insightfulness. The FED can only do so much and lowering the rate by another 3 basis points will have no effect on most of the factors leading to THE RECESSION. Indeed a very real danger is represented - in your equation.

Anyway, it's great to hear some REAL INSIGHTFUL STATEMENTS - and I deeply appreciate you making them known on this thread. In your honor I will turn on my lava lamps.
 
LOL, well thanks, enjoy the lava lamps. The things is, every time the FED goes in this mode, there is a major letdown, if not a soft or hard recession. A full blown recession can take as much as 40% of the value off of the stock market. They cut the rates for A REASON, it speaks to a weakness, and in this particular cycle, their rate cuts do not provide the solution. The problem is more complex than I have the ability to write, but it has to do with transparency, credit, and housing. A FED rate cut does not help the typical homeowner with a problem because their loans are not owned by BANKS as home loans were in the days of yore. The loans are now sold into secondary markets, who in turn are doing all sorts of fancy money moves that make understanding true value difficult if not impossible. This problem needs to be corrected ASAP. Housing makes up something 5% of the economy, so there is plenty of room for other sectors to hold the line and keep us above water, but the stock market can be fiercly skiddish and it doesn't take much at all to send the whole market and the whole economy into a tailspin, even on nothing but perception alone. 7 out of 10 people think the economy is "bad." Whether the chicken or the egg comes first isn't relevant once that happens. I'm just saying we have to be VERY careful. It's possible the unbelievable growth of the world economy provides enough of a buffer against US housing issues that we get through this without serious harm. I actually think thats a strong possibility, but I just reiterate that you have to be careful and position yourself well on any given day.
 
Help, I'm falling and I can't get up.
SING ALONG NOW.
Help, I'm falling and I can't get up...

Well today the F Fund has a royal flush - and the rest of us got royally screwed.

And so the game continues ... tune in tomorrow for the next round.
 
Gotta have money in the F fund when the Fed is in down mode. I'm jumping out ONE day tommorrow because I'm hoping we will get a pop in stocks. But the F fund makes money when the prime is falling.
 
Hey it's cool man. You definately had the winning hand today, where as I had it yesterday. Thoughout the year I've usually been in either G or F when the markets are taking a loss (and honestly that gives the same feeling as making big gains).

Anyway, I really hope you do great tomorrow - as that will help the rest of us recover. If you take in a good reward tomorrow then that would likely make you the Poker Champion this Week. Basically everyone currently in safety is staying there and today's losses for the rest will give you a substantial gain.

Birch - give this man a cigar - I think he's the weekly winner. :toung:
 
Wow man .... this is really far out ... very strange.



I was on this great path a few days ago ... and somehow I must have stepped off. It was unbelievable man ... the next thing I'm in this demension where basically everybody's getting majorly burned - VERY UNCOOL MAN - I MEAN IT WAS REALLY A BUMMER and I'm wondering WOW WHERE IS THAT PATH????

Was this all just a dream??? or is it reality??? and can we ever really know which is which??

Well - for anyone sharing this dream - today looks a lot better and we appear to be getting close to the path that leads us to the MAGIC CASTLE.


Things are pretty busy - so if I don't get a chance to get back Everyone have a wonderful weekend - BE COOL and ENJOY!
 
I know it seems hard to believe that F and I can both be gaining together but I just checked and that's the case.

I remain in I Fund 100% - except the money that went in G today.

LOVE, PEACE, AND HAPPINESS TO ALL

I really enjoy this site - thanks to all.
 
The best of the best for this week is 12%'s account talk

Posts #2259 - 2270

Here we see how the past few days are trivial and meaningless compared to the real important things in life. I am really impressed with the quality of love, respect, and care we have for one another.

A giant - wonderful - surprise for me was #2250
THANK YOU! THANK YOU! THANK YOU!
 
Some of you may be wondering what was my favorite meal. Well to answer that I have to take you to the setting...

It was the first college I attended. I went to this school largely to dry out and find the greater truth. I'd been with my friends too long and the never ending party finally got to me - maybe I was burning out - who knows. Anyway, I'd determined this school was what I needed - and it had a lot of strict rules to keep your focus in the right direction. The rule to know in this story is: You are not allowed allowed to kiss unless you are either engaged or married.

Niki was a grade above me, and I'd heard the rumors of her traumatic past (but no one knew the details) and everyone warns: give her space. Well I would never push myself on anyone, but there is no way in hell I would not offer my friendship to anyone seeking it. In time Niki and I became friends and one day she asked if I'd like to go out with Tim and Terry (who were engaged) and get some ice cream. By this time Niki had learned anytime she came to me - I was never too busy to leave what I'm doing and spend time with her. So we drive out to the ice cream place.

Here you need to realize I'm wired like a man - to a fault. So when we order our sizeable glasses of tastey treats I'm thinkin' I obviously made the best choice at this table and you guys are stuck with the so so. Perhaps that a competitive spirit?? That part of me was also thinkin' when you eat your stuff - "don't be lookin' at mine".

Well Tim and Terry are sitting across from each other (as are Niki and I) and like right off the bat talk about how good their ice cream is and ask each other if they want to try some. Well I'm thinkin' hey that's cool - I mean they're engaged - so they scoop up a big bite and feed each other with their spoons. So Niki takes a bite of her's and looks at me with this delightful look says ummm this is good and asks if I'd like to try some. I'm like sure and start to reach my spoon over and she say's: "I'll get it - with this beautiful smile and scoops up a bite with her spoon and puts it in my mouth". Now the whole time I'm kinda thinkin' whoo doesn't this kinda border on kissing and Niki gives me this look that absolutely made me melt. Kind of like hey rules are rules - but we can still have fun. So of course I take a bite of mine and play up how super fantastic it is and ask Niki if she'd like some. Of course she gives this unbelievable look of anticipation and that's how we ate the whole thing. That was a zizzle moment - I mean that was by far the best meal ever.

I'm sharing this because the news over the past few weeks has been discouraging and so I recently has this fond memory and was hoping to spread a little joy - a break from the Markets - in the event this week contiunes in a negative trend.
 
Steady,

Thanks for this glimpe into your personal life. There is significant meaning in your experience. A gift to all of us.

Peace, :)
 
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