Whipsaw's Account Talk

[Whipsaw]

Holding, what looked like sideways action, Bquat is pointing to a Bear Flag... we are still at the recent highs, I think I would be capitulating if I jump in here; being my own contrarian indicator I'm going to hold out another day... :suspicious:

 

[Whipsaw]

And now for something completely different...

We lost Lou Reed yesterday, a tremendous loss to the world of Rock. I found this while rediscovering him after many years of being caught up with life (work, wife, kids, dogs, family, car repairs, home improvements, etc, etc... This has an interesting lead in an allot of energy. Enjoy!

 

[Whipsaw]

BTW... one more day...

 

[Whipsaw]

A few sell signals on the board, do want to be in for 1 Nov... 50%? Hmmmmmmm.......

 

[Whipsaw]

Went in with a 50% S position; there is potentially more down side, if so I'll increase my exposure. Otherwise, will add more down the road. -.- Thank you for everyones charts, analysis, gut feelings, and associated comments!

 

[Whipsaw]

... more downside alright. Holding to see where this goes before moving more in. :blink:

 

[Cactus]

You are 50% S Fund, right? Your sig line still has you 100% G.

 

[Whipsaw]

Fixed it, thanks Cactus! :cheesy:

 

[craigerv]

Are you loving imposing your username on the market?

 

[Whipsaw]

Are you loving imposing your username on the market?

If I could, I'd have much better returns than I've had. In sticky pants mode at the moment with the 50% I have in S, hope not to sell at a loss... Not being an insider like the Fed types, we're at the mercy of reading the tea leaves...

[video]http://video.foxbusiness.com/v/2812214997001/stockman-brace-for-the-mother-of-all-bubbles/?intcmp=obnetwork[/video]

 

[Whipsaw]

Futures were down, now S fund is headed north... Cue Birchtree and Jimmy Joe... where is this going? :nuts:

 

[JimmyJoe]

Futures were down, now S fund is headed north... Cue Birchtree and Jimmy Joe... where is this going? :nuts:

Up of course. November, middle of November on, she'll be climbing. I tend to think that the S fund is still the best bet because I think it is somehow connected to the government and our politicians. These two entities are not going allow themselves to fall from their perch. When the economy is jumping as it does for these final months of the year, the politicos will be right there showing off during the holidays with this economic up move. And when the politicos want, they can pull some strings to send a charge into the economy. Nov and Dec, and Jan are usually good months for stocks so look for another 5% gain through the end of the year. S&P will reach 1800 and more likely 1850 by Dec 30th. Next year will be a good year for stocks too.

 

[Birchtree]

And if and when the S&P 500 hits 2,000 that would mean a total market gain of 195.6% from its March 2009 closing low of 676.53, putting this bull market among the very best of the last 50 years. What a ride and it ain't over yet.

 

[James48843]

And if and when the S&P 500 hits 2,000 that would mean a total market gain of 195.6% from its March 2009 closing low of 676.53, putting this bull market among the very best of the last 50 years. What a ride and it ain't over yet.

Market climbing to new highs? Why Yes.

YES WE CAN.

Obama's Socialist Plot To Ruin America Sends Stocks Soaring

Thank you Mr. President !

(Snicker- sorry- I had too! I saw that Birch statement and it reminded me f that linked story!)

 

[JimmyJoe]

Market climbing to new highs? Why Yes.

YES WE CAN.

Obama's Socialist Plot To Ruin America Sends Stocks Soaring

Thank you Mr. President !

(Snicker- sorry- I had too! I saw that Birch statement and it reminded me f that linked story!)

I'm not going to read the article/link because I know the jist of it. Really, I don't like or trust the pres either. It is however, undeniable that he is hands off the market and allows only the experienced money people to work the finances in his cabinet. It's rough out there for the general public but they are savy. All of us have learned to stay healthy without high end medical. Just stay away from doctors. Just eat veggies, fruits and some meat. Stretch and exercise. Stay away from sugars and a lot of processed food and fast food. Try stevia from health food stores like "Vitamin Cottage." Doing this by most of us ought to finish Obama care. Our health is as much our own business as our money. Both are vital. Keep your eyes peeled for others that have the brains to stay out of trouble, and copy some of their traits. I'll never forget how one older supervisor said to me at the telephone co where I worked before embarking on my military/govt career. He said people think the govt is one big huge power overlording us when all they are is a group of 5 or 10 people that you deal with at one time. They can be swayed, talked to, coerced into thinking your way. Don't fall victim to becoming a victim. Two steps forward, maybe one back, until you glide like Clyde.

 

[Robo5555]

And if and when the S&P 500 hits 2,000 that would mean a total market gain of 195.6% from its March 2009 closing low of 676.53, putting this bull market among the very best of the last 50 years. What a ride and it ain't over yet.

When do you predict the S&P will hit 2000 Birch? Do not want to put you on a spot.

 

[Birchtree]

I have no idea when the SPX will tip 2000 - all I know is that the longer it takes the more money I'll make. I'm remaining fully invested for this wooly beast ride.

 

[Whipsaw]

Birch, Tom's 30 year SPX trend line supports your contention that this rocket ship is about to reach escape velocity. Weakness over the next few days, if any, I will increase my stock postition.

A friend of mine had a sign on the dash of his Camaro: "Sit down, shut up and hold on!" :nuts:

 

[Whipsaw]

Looks like I'll have that opportunity to buy! :cheesy: Now to call the bottom... :worried:

 

[Whipsaw]

Ok, missed the bottom, still 50% S... spooked again, this time the rising wedge... :suspicious:

Anyone get the impression that this QE taper on again off again thing is now being used to manipulate returns? I think they caught on to this a few months ago... They buy then announce 'QE will continue...' Then they sell and announce 'we may begin to taper...' :notrust: