tsptalk's Market Talk

Sort by newest Sort by date
Skorcher said:
Puerto Rico is run more like Greece than any of the 50 U.S. states. So in the near term the rest of the U.S. is ok. However the day of reckoning will come sooner or later on the U.S. federal debt. Can you imagine how the U.S. will be able to pay a $ trillion interest bill per year or more if interest rates rise to a normal 5%?
Click to expand...

More debt... or complete gutting of the DOD since you can't do anything with the social programs... but that is for a * thread :sick:
 
Based on the auto-tracker some felt today was a one-day event or an opportunity for a one day scalp on a DCB. Anyone here ready to call bottom?

I guess I was pretty close when I mentioned a -2% on the S&P last Friday at least as of 1500 EST.


OBXTrader said:
Yes, surprising to me the indifference, but then again we are Euro-centric....except when it comes to flu epidemics. One would have to remember 2008 to remember a -7.4% day......and people on this forum (me included) panic when we give up 2% in one day. When was the last time that even -2% in one day happened in the S&P?
Click to expand...
 
Jeff I was close to pulling the trigger. I got scared :sick: you know 2008 was not that long ago.
I decided to stay away from the F as well, just in case I was wrong.
 
OBXTrader said:
Based on the auto-tracker some felt today was a one-day event or an opportunity for a one day scalp on a DCB. Anyone here ready to call bottom?

I guess I was pretty close when I mentioned a -2% on the S&P last Friday at least as of 1500 EST.
Click to expand...

It's a short holiday week so it could be unpredictable. I know it's often unpredictable, but now we have to consider pre-holiday reversals.
 
Tom - What gives me pause is how the Euro is way up against the dollar. Who's pulling those levers?

tsptalk said:
It's a short holiday week so it could be unpredictable. I know it's often unpredictable, but now we have to consider pre-holiday reversals.
Click to expand...
 
I'm sitting on the lily pad until tomorrow. Then we'll see whether how much I dare risk and whether the S,I, or F Fund is the place to be (or get a small piece of each one) for the next week or two. I don't want to miss out on a positive bounce but I remember 2008 and it took a while for the turmoil to subside through the meltdown. I jumped in several times thinking we were through the quagmire only to get hit with another 2% loss. Those can add up quickly. All the best in your investing.

FS
 
I assumed the ECB as a show of strength. People in the I fund are dodging an even bigger bullet, but there may be payback tomorrow.

tsptalk said:
Funny you should say that. I took a stab at a euro short today and got stopped out. Not sure why it's bouncing back like this.
Click to expand...
 
We tole ya. I don't bring up things on this forum to hear my keyboard tap. :)

Besides -2% was a pretty good SWAG on my part of all the numbers out there to chose from and I did tee up that answer. Back pat, back pat.

burrocrat said:
i tole ya.

but i can't take credit for it, it was already in the cards before i answered. if you know what to look for, the writing was already sprayed on the wall.
Click to expand...
 
So far the rebound looks a little pathetic at the moment. I know the market likes to do the opposite of what would seem obvious, but with the FBI director saying he expects to be talking on Monday about weekend terror attacks, I think it would be hard for folks to do a lot of buying heading into the long weekend.

If there's no significant event, the rally could come after the holiday. But then again, what will Greece be up to then?

Those who take the biggest risks will either get the biggest reward, or take one in the shorts.
 
tsptalk said:
So far the rebound looks a little pathetic at the moment. I know the market likes to do the opposite of what would seem obvious, but with the FBI director saying he expects to be talking on Monday about weekend terror attacks, I think it would be hard for folks to do a lot of buying heading into the long weekend.

If there's no significant event, the rally could come after the holiday. But then again, what will Greece be up to then?

Those who take the biggest risks will either get the biggest reward, or take one in the shorts.
Click to expand...
Agree. Had not thought about scare if a terrorist hits. Let's hope not.
 
I found it very interesting that China's Premier has thrown a deal on Climate Change into the mix as a negotiation item. Also their concern about Greece staying in the EU just goes to show that Russia is a concern to China, US, and the Europeans. Where this goes is really interesting. Will China offer funding through the IMF to strike a deal. I think Burro was right on with his perspective today. Stayed Tuned!!!

FS
 
FogSailing said:
I found it very interesting that China's Premier has thrown a deal on Climate Change into the mix as a negotiation item. Also their concern about Greece staying in the EU just goes to show that Russia is a concern to China, US, and the Europeans. Where this goes is really interesting. Will China offer funding through the IMF to strike a deal. I think Burro was right on with his perspective today. Stayed Tuned!!!

FS
Click to expand...

Just FYI:
China's premier offers Europe investment, wants Greece in euro zone

https://finance.yahoo.com/news/europe-china-premier-pledges-hold-130341971.html
 
You must log in or register to reply here.

Similar threads

tsptalk
Are the Transports a tell? UPS meltdown
Replies
3
Views
136
evilanne
evilanne
TommyIV
  • Article Article
TSP Talk AutoTracker Insights: TSP Investors Lock in Gains
Replies
1
Views
389
tsptalk
tsptalk
TommyIV
  • Article Article
TSP Talk Weekly Wrap Up - A 2025 Outlook
Replies
0
Views
583
TommyIV
TommyIV
tsptalk
  • Article Article
TSP Talk - Was Friday's big gains the start of the Santa rally, or just a fake out?
Replies
0
Views
166
tsptalk
tsptalk
tsptalk
  • Article Article
TSP Talk - A rally, tariffs, and Apple earnings
Replies
0
Views
175
tsptalk
tsptalk
Back
Top