WorkFE's Account Talk

[WorkFE]

We are still trading more on sentiment than fundamentals, and the sentiment is that fiscal stimulus will eventually allow the economy to recover. The market is cheap, and I expect the beginning of a recovery in the global economy in the late second half of 09 to the beginning of 10, an average time after reading what most economist believe. I will jump in (feet first) occasionally to pick at the dead bones to make alittle but return to safety shortly after. Most importantly conserve what I have left to be ready when the recovery begins. I am still a majority I but that will change soon as most believe we will be formulating a new bottom. And remember the portion of your portfolio that is in equities depends on two things - your willingness to take risk, and your need to take risk.
Thanks to all of you who have offered me tidbits here and there. I would still be wondering in the dark without you.

Let's Roll (Cautiously) and We need Change (No more bail outs)

 

[Frixxxx]

We are still trading more on sentiment than fundamentals, and the sentiment is that fiscal stimulus will eventually allow the economy to recover. The market is cheap, and I expect the beginning of a recovery in the global economy in the late second half of 09 to the beginning of 10, an average time after reading what most economist believe. I will jump in (feet first) occasionally to pick at the dead bones to make alittle but return to safety shortly after. Most importantly conserve what I have left to be ready when the recovery begins. I am still a majority I but that will change soon as most believe we will be formulating a new bottom. And remember the portion of your portfolio that is in equities depends on two things - your willingness to take risk, and your need to take risk.
Thanks to all of you who have offered me tidbits here and there. I would still be wondering in the dark without you.

Let's Roll (Cautiously) and We need Change (No more bail outs)

Nice sentiments.

Is that your bike in your avatar?

 

[tsptalk]

Welcome WorkFE! Nice start on the autotracker today.

 

[KevinD]

Welcome WorkFE! Nice start on the autotracker today.

+1 Good job!

 

[WorkFE]

Was the bike 4 years ago. New house, no garage. Wife would not let me put it in the Kitchen.:embarrest:

Oh well, I was not riding enough anyway.

 

[WorkFE]

Absolute luck. Thinking I might catch an Inaugeration day bounce. I was fortunate to buy in because of the cliff dive tuesday.

 

[Frixxxx]

Was the bike 4 years ago. New house, no garage. Wife would not let me put it in the Kitchen.:embarrest:

Oh well, I was not riding enough anyway.

I think you made the wrong choice. You got rid of the wrong toy!!!!!:laugh:

 

[WorkFE]

Your right, my bike was great, my wife is the best. Should have gotten rid of the TSP years ago.

 

[WorkFE]

Monday​

Tuesday​

Wednesday​

Thursday​

Friday​

22
Weekly Jobless Claims

Dec Building Permits

Dec Housing Starts

NICE QUIET DAY​

​

Dec Leading Indicators

Dec Existing Home Sales

20-Year TIPS auction
27
Nov Case Shiller Index

Consumer
Confidence

2-Yr Note Auction
28
MBA Mortgage Apps

Crude Inventories

FOMC Policy Statement
29
Weekly Jobless Claims

Dec Durable Orders

Dec New Home Sales

5-Yr Note Auction
30
Q4 Emp Cost Index

Q4 GDP (advance)

Chicago PMI

Consumer Sentiment


At Least we have tomorrow.:worried:

 

[WorkFE]

Boy I jacked that up

 

[WorkFE]

A lot of companies nixing pay raises this year. Better than the alternative I suppose. Pushed alittle out of the I today into the G. The only good news for tomorrow is there is no news. Maybe get a small upswing and move alittle more to G. Plan to be 80/5/5/5/5 by the end of month. Might do it quicker if it looks like we are headed to 600. A lot of the things you all post points that direction. Would hurt, good buying opportunity, but still painful.
How many people (% not already doing so) do you suppose were really listening a few years ago when there was a lot of talk about creating your own retirement plan?

With 4.6 million less people driving to work, I guess we would use less fuel.

http://money.cnn.com/2009/01/22/news/economy/gas_use/index.htm?postversion=2009012216

 

[WorkFE]

The weeks coming up could really tell us a lot as we receive tons of earnings reports. I think most are in agreement that it will turn out to be the toughest quarter for corporate profits in a long time. I don’t know about you all but I was mentally tested last week and it is probably going to be more of the same this week. If the markets continue to lose big and bounce back by COB everyday over the next few weeks, to me that’s a sign that potentially a bottom has been set. I am not predicting that will happen, however if it did I would be inclined to have a bit more confidence going forward.

 

[tsptalk]

Boy I jacked that up

Yeah, unfortunately, most tables don't translate well into this editor.

 

[WorkFE]

Fasten your seatbelts ladies and gentlemen, it's almost 3:30

 

[WorkFE]

Senate OKs Geithner for Treasury

President Obama's pick survives failure to pay some taxes in 2001


So I guess it is OK if the next ATF director has a DUI, concealed weapons charge and is growing weed out at the farm.
I used to be afraid of audits. Not now that I know it could mean a promotion.:nuts:

 

[wv-girl]

Senate OKs Geithner for Treasury

President Obama's pick survives failure to pay some taxes in 2001


So I guess it is OK if the next ATF director has a DUI, concealed weapons charge and is growing weed out at the farm.
I used to be afraid of audits. Not now that I know it could mean a promotion.:nuts:

At least if audits do come around, one could say....oh, I am so SORRY, I should have known to double check behind my illegal housekeepers math. WHAT WAS I THINKING.

 

[WorkFE]

To funny, I can't believe I continue to contibute to all this crookedness

 

[WorkFE]

I don't no if the Sky is falling or financials are crashing but it is snowing.

http://video.msn.com/video.aspx?vid=2dd904a6-cb34-44a6-9324-707fe93449d7

 

[mojo]

This shouldn't surprise anyone. Look at the explanations Obama used during the campaign. Here is one example of many.

http://www.youtube.com/watch?v=Ne_sVIpv6io

 

[WorkFE]

Wew, for a minute there I thought you had a video that showed him a different kind of politician.