Whipsaw's Account Talk

[Whipsaw]

Article in the IBD calling a top with an upcoming correction, "sell in May and go away," its interesting though that most of the comments on the article pan and refute it.

Why Stock Market Strategists Expect To "Sell In May And Go Away" - Investors.com

 

[Birchtree]

I found that reading IBD was about as difficult as reading The Wall Street Transcript - just way too much information.

 

[Whipsaw]

There's some chatter out there about a 20% correction/crash... anyone putting any credence in that?

http://finance.yahoo.com/blogs/talk...-we-re-in-for-a-20--correction-145953185.html :blink:

 

[WorkFE]

yep, when is a better thought. between now and the next 20 years. Whataya do.

 

[Whipsaw]

Futures rook mahvalus!

 

[OBXTrader]

I hope you are right, good news can become bad news for stocks.

Futures rook mahvalus!

 

[Whipsaw]

I hope you are right, good news can become bad news for stocks.

S fund up ~ .4 % , keep it coming...

 

[Whipsaw]

100% F COB

 

[Whipsaw]

Wish i'd jumped yesterday... ouch! Alright, now let the bottom fall out! :nuts:

 

[ravensfan]

Wish i'd jumped yesterday... ouch! Alright, now let the bottom fall out! :nuts:

Whipsaw...haven't you learned by now to always trust JTH? I thought you knew better. I feel your pain though. I wanted to get out yesterday myself but unfortunately was in training and could not complete the IFT in time. So I ending up enduring todays carnage as well.

 

[DreamboatAnnie]

There's some chatter out there about a 20% correction/crash... anyone putting any credence in that?

http://finance.yahoo.com/blogs/talk...-we-re-in-for-a-20--correction-145953185.html :blink:

Hi Whipsaw! Yes...been thinking that for quite sometime. Unfortunately, I kept thinking that all last year! Yikes! Last year was not a good year to stay out of market or to learn how to play market--- I did both! Ugghhh.

So now what happens?? Still think market set to take a deep cut...but when? ..again no crystal ball here! Best Wishes! DBAnnie

 

[Whipsaw]

Hi Whipsaw! Yes...been thinking that for quite sometime. Unfortunately, I kept thinking that all last year! Yikes! Last year was not a good year to stay out of market or to learn how to play market--- I did both! Ugghhh.

So now what happens?? Still think market set to take a deep cut...but when? ..again no crystal ball here! Best Wishes! DBAnnie

I did the same thing this past year, waiting on the Hindenburg crash... at any rate, now looking for weakness and a better entry point.

 

[Whipsaw]

Hmmmm.... stocks are up, but then so are bonds, just not as much. :blink:

 

[OBXTrader]

Noted earlier on my account talk. I don't get the traffic on my street though.

Hmmmm.... stocks are up, but then so are bonds, just not as much. :blink:

 

[Whipsaw]

Hmmmmm... stocks are down, and bonds are still up!

 

[Birchtree]

Obviously Draghi thinks the EU needs more QE - bonds cherish anything negative. I would never own the F fund personally - but that's just me.

 

[Whipsaw]

Will the F Fund climb into posative territory by the close? Inquiring minds want to know! :cheesy:

 

[Whipsaw]

Futures are headed south... :-|

 

[Birchtree]

I could use another day of small cap weakness to build more of my income base, sorry.

 

[Whipsaw]

The article at the link speaks to the stock 'rotation' that has been discussed in various places around the forum, from momentum / growth stocks to value stocks, or just dumping momentum stocks until more 'realistic values' are reached. Also, mentions the likelihood of a correction potential to the 1500 area.

http://finance.yahoo.com/blogs/talk...-nowhere-to-hide-in-the-market-222206107.html