Steel_Magnolia's Account Talk

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Another paragraph of analysis from ETF Prophet under the title "Santa is Coming":

The slightest weakness was bought, and an amazing number of stocks just ran away completely to the upside. Fund managers that are lagging their benchmarks will likely be desperate to play catch up. Also, with some sort of tax deal likely in Washington, there is much less pressure to lock in capital gains before rates rise next year. Seasonality favors the bulls, and we should make a run at the 1250 level soon. Some analysts’ are already targeting for the S&P 500 to move into the 1400s next year.
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Read more: http://etfprophet.com/#ixzz17pEQekJd​



Maggie
 
The SPX is currently only 20.7% below the nominal all-time high of October 2007 (1565.15). We could be there is six months with a nice liquidity push. I would enjoy a C fund price of $20.00.
 
Birchtree said:
The SPX is currently only 20.7% below the nominal all-time high of October 2007 (1565.15). We could be there is six months with a nice liquidity push. I would enjoy a C fund price of $20.00.
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Now that's what I call being a positive thinker. Here's to C Fund at $20 a share!
 
ETF Prophet publishes a Market Rewind chart once a week. The chart contains numerous pieces of information regarding about 30 different markets and sectors. It is difficult to reproduce in a clipping but I'm going to try, because of what this week's chart says about our S Fund analog.

View attachment 10312View attachment 10313

Note, if you can see it, that the Russell 2000 is 5th place in the 10-Month average among all listed markets and sectors! And its projected risk/Reward is 191%.

If you can't read the clips or if you want to look at the whole chart (highly recommended) go to http://etfprophet.com/wp-content/uploads/2010/12/2010_49a.png

Maggie
 
Volatile action in the markets today making me seasick. Seems like Da Boyz are trying to knock out all stops both short and long. Maybe getting ready for a big step?

Maggie
 
The December 18, 2010 "Profit from the Pros" video from Zacks:
[FONT=&quot]Economic news in US has been so solid and so improving for so long that the wall of worry isn’t as tall as it used to be….Money markets and CD funds are flowing back into stocks …Double dip fears are completely unfounded….….Stock market is poised for double-digit gains in 2011.

Nice!

Maggie
[/FONT]
 
Birchtree said:
Now a double percentage gain should be worth a $1M at a minimum - I'll be buying all year.
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I have to say you are going to need arm surgery patting yourself on the back so much. LOL Just kidding. You have to admit it's all relative. You are the only person I even hint at net worth. It just doesn't seem the thing to do but what ever floats your boat.

Speaking of boats, I hope your tugboat and "aircraft carrier" are floating on money. Who really needs water anyway with all that cash.

In all seriousness the best thing I did was get out of law. Since 08 I almost had a 50% bump from our previous discussions.

Being able to buy (within reason) pretty much anything you want is very rewarding but at times boring.

The best thing if you can believe it is giving it away to some very worthy causes myself the self proclaimed dog lover that I am.

Hopefully you will increase your holding significantly but only your"crystal ball" will tell.

cayman

Below, Leeann Liebenberg of SA has been a very instrumental spokesperson for many of mine and other worthy causes.

Best of luck to all on this site.

Sorry i posted on your account - it was meant for Birchtree

moz-screenshot-3.png
lee_anne1.jpg
 
Last edited:
caymanbrac12 said:
...

Sorry i posted on your account - it was meant for Birchtree...
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caymanbrac, you're always welcome here, thanks for the visit!

Changing topics, I thought this article held interesting information for our overall investing strategy in 2011:

"In a few short weeks the presidential cycle will enter its third year and the market has been kind to investors at this point in the presidential cycle. As the below chart details, since 1945, the third year of a president's term has seen the S&P 500 Index rise an average of 17.1% and up years have occurred in 94% of those years...."

http://seekingalpha.com/article/242...l-cycle-and-bull-market?source=hp_wc&wc_num=2
 
I'm almost convinced, Maggie! I have a couple toes in the water in real account, tracker doesn't reflect yet. But watch out for the confirmed Hindenburg Omen-its good for 4 months from last week. :worried:
 
alevin said:
I'm almost convinced, Maggie! I have a couple toes in the water in real account, tracker doesn't reflect yet. But watch out for the confirmed Hindenburg Omen-its good for 4 months from last week. :worried:
Click to expand...
Thanks, Allie, for the concern. I'm watching the markets very closely. 2010 has been very good to me in both my TSP and Roth IRA accounts. And I'd hate to screw that up!

I wish that a person could set trailing stops in the TSP accounts. It really eases my mind to have them in my IRA. Although they are set very loosely. Most of the year I've been in just three stocks: CEF (closed end fund holding gold and silver bullion), FDO and of course my old favorite ROVI.

If everything did as good as ROVI I don't know what I'd do with myself. I bought it at $15 and today it's trading at $57!

Maggie
 
I like it when members mention what they buy in their outside accounts - it offers an opportunity tp personalize. I have no quams about putting my purchases out there - who knows someone may benefit from the previous research. It's all about information.
 
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