WorkFE's Account Talk

[WIND_HUNTER]

Stalled, stopped, brokedown this market is waiting for something and when it comes it's going to be BIG up or down.


I am reminded daily that the markets ups and downs are universally only important in a fractional part of my life.
Stay safe my Brothers and Sisters.
http://www.msnbc.msn.com/id/31940536/ns/world_news-south_and_central_asia

I'd rather watch this action from the sidelines. Song of the day-

CLIFFS OF DOVER - My favorite Eric Johnson song...

 

[WorkFE]

Because I made a bonehead play last friday.
http://money.cnn.com/2009/07/16/markets/thebuzz/index.htm?postversion=2009071615

darndarndarndarndarn

 

[WorkFE]

Al least my wife & son will be happy. I never expose our accounts at the same time and they were next in the batters box.
Of course they will have to buy dinner this weekend.

 

[Birchtree]

James Deporre says he is not excited by this market - that will be his loss and perhaps my gain. Even Bob Brinker remains optimistic and suggests to stay fully invested based upon one's risk tolerance. When you see an 8 billion share day you will know Ferdinand has arrived on the scene.

 

[WorkFE]

I'll be watching.

 

[WorkFE]

Good news, more discount buying. But then again what do they know.
http://www.cnbc.com/id/31948775

The only thing that matters.
http://www.cnbc.com/id/31949840

 

[WorkFE]

RIP WC- Great Journalist

Monday Watch list:
http://www.marketwatch.com/story/stocks-in-focus-for-monday-200971720800

Be wary of wolves in sheeps clothing:
http://money.aol.com/article/bank-profits-arent-all-they-seem/577168

Things are looking brighter. I thought the volatility had subsided quite a bit but this week proved that on any given day you can be caught in the wrong position. The VIX is in a good stable spot right now, I believe any huge 1 day down turns without warning are unlikely but then again what do I know.
Good luck this coming week everybody, should be very interesting.

 

[Birchtree]

A lot of people have moved to and are waiting on the side lines for a better entry point. Despite the scepticism and bad news the market hasn't obliged. It is interesting to note that rather than correcting, stocks spent the last four weeks working off the overbought conditions by simply consolidating. Frankly friends, this bull will have years to roam. The damage done to the market by the credit crisis was so traumatic, there was a lot of room for a very strong rebound from the March lows with more to be resolved to the upside. Stock values are still on the low side and I'm buying like a fool. And we still have more upside gaps to fill which provides a potentially bullish technical picture. The problem is that most are aware that prolonged suckers' rallies tend to be especially vicious as they force everone back into the market before cruelly dashing them on the rocks of despair yet again - we need that fear to keep the bull happy.

 

[WorkFE]

I hate when the VIX and the market move in the same direction however it does confirm we are not alone in our different market direction opinions. Some will gain and some will not.
Unless I see Mountains move I'm on the sidelines another day.

Oils on the move. I need that to stay under $70. Serious implications on our upcoming cruise if it goes higher.

Very good reading from CH and BT last few days, Thanks.

GL today everybody.

 

[WorkFE]

C-33
S-33
I-34
COB Today

Mountains did not move but I believe this will be a positive week.

 

[Steadygain]

C-33
S-33
I-34
COB Today

Right on Bro !!

Splitting it up 3 ways is also an excellent move

Mountains did not move but I believe this will be a positive week.

I like this line - but I'm having a hard time putting it to music. :toung:

 

[WorkFE]

Although I'm a Country Fan, in Keeping with todays music how about:
Movin Mountains- USHER

 

[WorkFE]

I know I ask awhile back and I seen more recently some else ask: Does anyone know if the I fund was sold to BlackRock?

 

[WorkFE]

Found it.

Looks like an end of year completion possibly.

http://www2.blackrock.com/global/home/News/index.htm

 

[WorkFE]

Up or down I've etched my entry at these levels. (Again)

 

[Birchtree]

If CAT has a positive outlook for the future on their earnings tomorrow you can kiss your entry point gone.

 

[WorkFE]

It Did.
http://articles.moneycentral.msn.com/Investing/Dispatch/default.aspx?feat=1198004

For obvious reasons I am betting on a continuation. Either way I'm in now. The optimist and pesimist (Professionals and Amateurs alike) are split down the middle pretty much. I believe no matter what your current parking spot is it's a crap shoot.
I'm pretty far down the ladder (Tracker that is) but still holding on to slim gains.
Someone remind me tomorrow why I did this.:nuts:

 

[WorkFE]

That's my bet Birch however I've thrown caution to the wind and for the forseable future I'm flying blind.

 

[WorkFE]

I'm looking towards this thing continuing until September/October timeframe. If there is good data pushing me to safety I'll jump on it but If we retest the lows before then, OH Well.

http://www.cnbc.com/id/32006947

http://www.cnbc.com/id/32005946

I am officially drinking the coolaid.:cheesy:

 

[Birchtree]

The price you paid today will appear cheap in a matter of days - I bet. When we get that SPX up over 956 the coins will roll. It won't be long and the Dow Theory will issue a buy signal and the rush will be in motion.