Today

[tsptalk]

imported post

tsptalk wrote:

As long as the market stays down this morning, I think I will wait before getting out. The way the market has been playing the up one day, down the next,Monday may be a better time to be out. So unless the market rallies in the next hour, I'll stay put.

Today started down but as I mentioned in today's comments, I thought we would see some gains before the day was over. As you probably saw, I did end up making a move. The market has been clawing it's way back to even so I decided to get 30% into the G fund for Friday.

I have mixed feeling about this move since the market is in a very uncertain situation. It could breakout to the upside or the downside. My indicators are very wishy washy right now (see glossary for that technical term ). So I'm reallymaking the moveout of uncertainty, with a littlehistorical data thrown in there, rather than because of any good technical or fundamental analysis.

 

[Rolo]

imported post

ack....one of my oils slipped...blood all over my Scottrade today. VLCCF is still the renegade, still strong. I think I'll buy some more of that tomorrow. I'm keeping my 50/50 C/S right where it is for now before I do more damage, hehe.

 

[tsptalk]

imported post

Very encouraging day today (6/23/04). Volume picked up quite a bit and some of the overhead resistance has been taken out. This bodes well for the intermediate and long term. The fact that we closed near the highs may bode well for tomorrow as well, at least early on.

Now I will have to pick my spots to get my 30% G fund money back in stocks. I was sort of hoping this type of action would hold off until early next week.

Great day :^
Tom

 

[Rod]

imported post

I'm very happy my hunch told me to stay 100% S for today. That may sound crazy to some, but hey, it paid off.

It's part of my beta 2-3 personality.

But, can we go 3 days in a row???

We'll see.

 

[tsptalk]

imported post

Rod wrote:

I'm very happy my hunch told me to stay 100% S for today. That may sound crazy to some, but hey, it paid off.

Nicecall and good timing Rod!

 

[GS083]

imported post

I also stayed in S 70, C 20 ,I 10

 

[Mr. Duke]

imported post

Go E-bay!

Currently G since June 9th ...got my better than 2 % and out for the month.. will be looking to get back in next month unless we get hammer for a couple of days then I will be in sooner...

Rate Hike at end of money 1/4 or 1/2 point???? Hoping to get the 1/2 point and be done with it for awhile...

Been busy with stuff