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Whipsaw's Account Talk
- Thread starter Whipsaw
- Start date
Whipsaw
Well-known member
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!
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!
Hmmmmmmm.......
... more downside alright. Holding to see where this goes before moving more in. :blink:
Whipsaw
Well-known member
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]
JimmyJoe
Member
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.
James48843
Well-known member
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
Member
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
Member
When do you predict the S&P will hit 2000 Birch? Do not want to put you on a spot.
Whipsaw
Well-known member
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:
A friend of mine had a sign on the dash of his Camaro: "Sit down, shut up and hold on!" :nuts:
Whipsaw
Well-known member
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:
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:
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