The Technicians Account Talk

[ATCMickey]

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The Technician wrote:

I won't be so preemptive next time around...

Technician,

From a quiet lurker, please DO continue to be so preemptive! I looked closely at your predictions and agreed...following your warnings has prevented me from losing over 5% in the C fund by redirecting funds.I look at and consider everyone's information, but I have sure appreciated your posts. Don't go changin' and thanks a million (or I figure about $15,000) for offering your input.

ATCMickey

 

[The_Technician]

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It was my pleasure, glad to be of service.....I'm humbled....

:dude:

 

[The_Technician]

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I've been playing around with some of my data and found that the I fund may have some daylight ahead for a short time or more....

Then I went to the Allocation thread and MM and some others had already gone that'a way.....

figured I'd try it for a short term jump.....

We need a smiley with fingers crossed....

:^

 

[mlk_man]

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The Technician wrote:

I've been playing around with some of my data and found that the I fund may have some daylight ahead for a short time or more....

Then I went to the Allocation thread and MM and some others had already gone that'a way.....

figured I'd try it for a short term jump.....

We need a smiley with fingers crossed....

:^

:shock::shock::shock::shock:"This is the big one, I'm coming Elizabeth!!!" Redd Foxx from "Sanford and Son".

Welcome aboard Tech, now don't you be jinxing us!! You know I have a hard enough time with that "I" fund as it is. Now I have to worry about you being in the back seat saying "watch out for therising dollar, the foreign markets are collapsing, let me out now!!! As my Jewish friend says "Oy Vay!"............

How short of a stay are you looking at?

M_M

 

[The_Technician]

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Maybe 3-5 days if it looks good...read some $/EURO and $/JPY info and they are kinda mixed....but, the dollar overall will have to lose value in the long run.....the situation dictates it....with the economy coming to a standstill, the Fed will be contemplating on whether or not to raise interest rates....but M3 will dictate it must, economy will dictate otherwise....sort of a Mexican standoff...

JPY is sort of hooked by the yuan revaluation criteria....the dollar will get hurt somemore for a while I fear because of the mix between the trio....again M3 plays into this and we are paying for it ...its sort of like forced taxation.....

I had some data crunching going on and decided to insert the I fund and take a looksee and like it for the moment....there is a good possibility we could like it for 2 months....heck its almost a6% climb back up to just the average....

I was pleased to see someone else started to move that way of course so I looked harder at it and decided to try it .....

Good luck with it I say!!!

:dude:

 

[robo]

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Technician,

I hope your correct on your play for the I Fund.... I also jumped in the I todaywith both feet...I was thinkingthe USD at 90.10is ready for a pull-back and maybe I could make some money on a short term play.... Good luck, I'm with on this one! Still looking fora market bottom andthen heading to the C Fund. We have the start of a W forming,but still to early to tell ifwe get another short term rally or the selling continues.

 

[Greg]

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robo wrote:

I was thinkingthe USD at 90.10is ready for a pull-back

 

[robo]

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Greg,

I'm not starting out very well. The dollaralready opened up around .17%....I always seem to miss trying to figure out the dollar and it costs me in the I Fund!

 

[Greg]

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robo wrote:

Greg,

I'm not starting out very well. The dollaralready opened up around .17%....I always seem to miss trying to figure out the dollar and it costs me in the I Fund!

Same here. I've lost 2.2% this month; playing the I-fund. I'm still 85%-I. I posted the chart because I thinking the Dollar may be going up long-term.

 

[Greg]

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robo wrote:

The dollaralready opened up around .17%

Japanese Stocks Lower in Early Trading

Tuesday October 18, 9:25 PM EDT

TOKYO (AP) — Japanese stocks slid in early trading Wednesday, extending losses after five straight sessions of declines. The dollar was higher against the yen and euro.

The Nikkei 225 index fell 54.59 points, or 0.4 percent, to 13,297.65 points at the open on the Tokyo Stock Exchange. The broader TOPIX index, which includes all issues on the exchange's first section, slipped 2.39 points, or 0.2 percent, to 1,390.30.

Stocks have fallen in recent sessions, dragged down by retailers and concerns about possible repercussions of Prime Minister Junichiro Koizumi's visit to a controversial Tokyo war shrine.

Koizumi visited Yasukuni Shrine on Monday, which major trading partners China and South Korea say glorifies Japan's past militarism. On Tuesday, nearly 200 Japanese lawmakers and their representatives also prayed at the Tokyo shrine.

Both neighbors have lodged protests, while China has canceled scheduled diplomatic meetings with Japan.

Investors have also been locking in gains racked up earlier this month when Japanese stocks hit four-year highs.

Shares got little support from Wall Street, where shares skidded Tuesday as inflation fears spurred by a sharp jump in wholesale prices overshadowed strong profit reports from several Dow Jones industrials. The Dow fell 62.84, or 0.61 percent, to 10,285.26, while the Nasdaq composite index dropped 14.30, or 0.69 percent, to 2,056.00.

In currency markets, the dollar bought 115.84 yen on the Tokyo foreign exchange market at 9 a.m. Wednesday, up 0.18 yen from late Tuesday and above the 115.65 yen it bought earlier in New York.

 

[Show-me]

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The Technician wrote:

I've been playing around with some of my data and found that the I fund may have some daylight ahead for a short time or more....

Then I went to the Allocation thread and MM and some others had already gone that'a way.....

figured I'd try it for a short term jump.....

We need a smiley with fingers crossed....

:^

WOW!!!:shock: Good luck all!

 

[Spaf]

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Show-me wrote:

WOW!!!:shock: Good luck all!

Yea! Good luck!

 

[JOVARN]

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Stocks have fallen in recent sessions, dragged down by retailers and concerns about possible repercussions of Prime Minister Junichiro Koizumi's visit to a controversial Tokyo war shrine.

Koizumi visited Yasukuni Shrine on Monday, which major trading partners China and South Korea say glorifies Japan's past militarism. On Tuesday, nearly 200 Japanese lawmakers and their representatives also prayed at the Tokyo shrine.



Its tough enough trying to bet the I fund based on the Dollar’s rise and fall without having to worry about whether or no not the prime minister is visiting a shrine.

I have played 100% I before but wont do that again until I see some solid direction of the US dollar



Wilma CAT 5 .Looks like the Gulf coast got lucky on this one.

Good luck too all

 

[JOVARN]

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Love the mouse PIX

 

[Greg]

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Spaf wrote:

Yea! Good luck!

Remember, the early bird may get the worm but it's the second mouse that gets the cheese.

 

[The_Technician]

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Gonna hang on this for a little bit....mice and all!!!

Go Euro Go!!!

:^

 

[The_Technician]

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Think we're going to make a drop in the I for a bit.....could return to postive territory in a couple of days.....we'll have to wait and see..

:^

 

[The_Technician]

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On my last trade I went up over0.4%....up to 5.74% for the year....

I should be making more trades, but I held back until I get a handle on this bronco!!!o

Look forward to more trades from here....even though we should be going in the minus direction overall....

:dude:The Technician,aka Dancing With Wolves and Carnac the Magnificient (thanks againNNut for the Knighting!!!)

 

[The_Technician]

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Decided to take a look at the consensus on economic reports for the remainder of the week...everything is expecting to be fair to good news.....looks like we will have at least a week to get good results....

:dude:

 

[The_Technician]

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Coulda, shoulda, woulda.....but I finally moved in.....going 100% S fund....looking for a further run on for at least 90 days or so out.....

If we get that pull back I was talking of in early Nov.....I'll be cussing all the way home!!!!!:x:x:x:x:x:x

:dude: