Whipsaw's Account Talk

[Whipsaw]

I may be on the lilly pad, but I'm on the right side today, for now... (hows that for a posative attitude!??) :cheesy: 5 trading days untill I get a couple of moves back in the hip pocket; what are the odds of a bottom hitting on 2 Sep? Labor day is 1 Sep, maybe a post holiday reversal... Hmmmmm....

 

[Whipsaw]

Booked 0.02% in the G-Fund!!! Yes!! :nuts:

 

[Whipsaw]

Planning to remove and replace the heater core in my Ford Explorer this weekend. @#%&$ car is build around the heater core! Have to pull out the dash, and dismantle much of the engine compartment to get to the thing.

 

[Whipsaw]

There is this...
[h=1]Two experts warn correction could total 60%[/h]
'Scary' correction is coming: Analyst

 

[Whipsaw]

Futures are down... maybe I'll get that entry point I was looking for.

 

[Whipsaw]

This from the "Wait... what?" Department. Saw this lead on Drudge for a few and then it dropped; Did this happen or am I not looking in the right places??

Stocks end near lows: Nasdaq wipes out 2.5%, Dow dives 150

 

[Whipsaw]

This from the "Wait... what?" Department. Saw this lead on Drudge for a few and then it dropped; Did this happen or am I not looking in the right places??

Stocks end near lows: Nasdaq wipes out 2.5%, Dow dives 150

Closer examination shows the date of the article is 04 April 2014; Someone at the drudge site must have had a SNAFU! :nuts:

 

[Whipsaw]

Closer examination shows the date of the article is 04 April 2014; Someone at the drudge site must have had a SNAFU! :nuts:

Check out Drudge (DRUDGE REPORT 2014® They're linking to this article again with the headline: STOCKS SPOOKED AFTER HITTING HIGHS

Stocks end near lows: Nasdaq wipes out 2.5%, Dow dives 150

What gives?

 

[Whipsaw]

From the 'Things that make you go Hmmmmmmm' Department (read all the way to the bottom! )

[h=1]Icahn, Soros, Druckenmiller, and Now Zell are All Quietly Preparing For The Plunge[/h] http://www.zerohedge.com/news/2014-...billionaires-are-all-quietly-preparing-market

 

[Whipsaw]

Futures are in the red, will this continue?

 

[Birchtree]

If Wall Street is thinking about the next ten months and you're thinking about the next ten years, case closed - that's your advantsage.

 

[Whipsaw]

If Wall Street is thinking about the next ten months and you're thinking about the next ten years, case closed - that's your advantsage.

I do need to look at the bigger picture and stay invested, jumping out last month was not a good move; still... looking for a good entry point in the short term!

 

[Whipsaw]

I do need to look at the bigger picture and stay invested, jumping out last month was not a good move; still... looking for a good entry point in the short term!

Futures are down, and then there is this claiming that the cyclically adjusted price-earnings (CAPE) ratio is at a level that preceded significant market crashes in the past: http://finance.yahoo.com/news/robert-shiller-stock-market-pre-123712585.html

There may be a really good entry point on the way :notrust: (*I do have to consider that often I am my own conrarian indicator; and that this could be a manipulation of market perception to get folks leaning the wrong way and helping out the insiders!)

 

[Whipsaw]

Ruh roh!

http://etfdailynews.com/2014/09/10/professional-investors-are-preparing-for-a-stock-market-crash/2/

 

[WorkFE]

Sounds good to me.

 

[Whipsaw]

Someone was calling a dead cat bounce for the other day (Burrocrat's thread?), looks like they were right. Going down... Political upheaval with Scotland and the UK a factor?

http://finance.yahoo.com/news/imf-s...scotland-votes-leave-143837845--business.html

We shall see what Monday brings; cooling my heels in G.

 

[OBXTrader]

IMO, the market never corrected for any movement up to be considered a DCB. The numbers may look big, but percentages are small within the indexes. I also believe his parameters have passed by as well where he considering buying. Predictions are tough because they are often reflective of one's desired outcome.

This market was head faking if anything by COB on Thursday. I posted in market outlook thread yesterday, I suffered from cognitive dissonance and therefore I remained in the G Fund to draw worry-free interest. Yesterday did not look like a good day to buy in because of my mixed signals.

Someone was calling a dead cat bounce for the other day (Burrocrat's thread?), looks like they were right. Going down... Political upheaval with Scotland and the UK a factor?

http://finance.yahoo.com/news/imf-s...scotland-votes-leave-143837845--business.html

We shall see what Monday brings; cooling my heels in G.

 

[Whipsaw]

No good way out of the low interest rate/asset buying stance by the Fed... Should be interesting.

http://finance.yahoo.com/news/the-fed-s-dilemma--there-may-not-be-a-good-way-out-174404663.html

 

[Whipsaw]

Yellen is done yellin' no change for 'considerable time'... I may jump in tomorrow.

Fed Keeps

 

[Birchtree]

Janet remains a dove - buy anything and everything.