WorkFE's Account Talk

[WorkFE]

So if CAT comes in around .22 or Higher we could be rolling. Plate is full today:
http://www.marketwatch.com/story/stocks-in-focus-for-tuesday-2009720191500

I can only hope
http://www.cnbc.com/id/15840232/?video=1189652315&play=1

 

[WorkFE]

79% of those in the Tracker are in positive territory, amazing.
Futures are on the move upward this morning and my Phillies won for the 9th straight time.

 

[WorkFE]

This would be an Extremely High Risk, Extremely High REWARD gamble. I currently own some that I purchased a few months back and considering doubling down at these prices. Will have to lock it away for a few years but could be a huge money maker or money shredder. Question is can they handle their current debt crisis and 10% interest.
http://money.cnn.com/2009/07/20/news/cit.rescue.fortune/index.htm?postversion=2009072103

 

[Birchtree]

I'm with you on CIT with a hefty position. Jeffrey Peek is an ex-Merrill guy and I think he will prevail. CAT eranings were $0.72 vs $0.22 - stock price will be strong today.

 

[WorkFE]

Well fill it up, gas is only 2.35 a gallon here in KY
http://www.marketwatch.com/story/us-stock-futures-lower-before-bank-earnings-wave

Today and tomorrow will prove to be pivotal days for market direction. Most expect a small pull back today. If that replaces caution with fear then the run is over and the gig is up. If it is just investors locking in gains to get out of what could be considered the top of a range bound market all those staying in should be fine.

GL the rest of this week everybody.

 

[Birchtree]

Thanx for the sound words of encouragement - the SPX VIX should tumble today.

 

[WorkFE]

http://money.cnn.com/video/luxury/2009/07/09/real_wheels_ford_taurus_sho.cnnmoney

I'm a truck guy myself but that looks like a nice ride.

 

[Birchtree]

SHO - Super High Output. Strip out the EGR system and add a double set of headers and a free flow exhaust will boost that 365 up even more. We aren't all greenies you know.

 

[WorkFE]

I must say I'm impressed.
And Ford seems to have a few nice pieces out, good to see.

 

[WorkFE]

Now I don't feel so stupid buying this at 1.89:cheesy:
http://money.cnn.com/2009/07/23/news/companies/ford_results/index.htm?postversion=2009072308

Futures up slightly this morning. Is the market resting, poising, or clinging. I suspect we are clinging but I would be surprised if we got a huge consolidation to the down side although I must say after the past 12 months I now consider HUGE anything under 900 S&P from todays price.

I'm not sure Graceful is within the Feds abilities:laugh:
http://money.cnn.com/2009/07/22/new...ming.fortune/index.htm?postversion=2009072211

Goodluck today everybody

 

[nasa1974]

Futures up slightly this morning. Is the market resting, poising, or clinging. I suspect we are clinging but I would be surprised if we got a huge consolidation to the down side although I must say after the past 12 months I now consider HUGE anything under 900 S&P from todays price.

Goodluck today everybody

Sure would like to see a couple of down days. 100% G and I would like to jump back in the game.

 

[WorkFE]

I was in the same boat last week but I bit the bullitt and jumped in. I was only nervous for about 24 hours.
Of course the day is still young but noon comes quick.

 

[Birchtree]

If volume picks up that will be some confirmation of the new bull leg inside the infamous mega trend secular bull market. I'm working on my next buy list.

 

[WorkFE]

Ladies and Gentlemen please keep your arms and legs inside the ride at all times.
This is going to hurt at some point but short term gratification feels good for the moment.
I have written on here as many of you have that for the past few months the market has been and will continue to be a house of cards and will not strengthen until the Economy does. However fragile it is it will react to market news like today. The market is going up due to that news, strength is irrelavent.
Risk vs. Reward, you either believe it is worth it or you don't. I do not believe the market has strengthened significantly but I think enough investors believe the risk is worth it.

 

[Birchtree]

This market is operating at least nine months ahead of the economy - there is no looking back at this point. The bull is omnipotent.

 

[WorkFE]

Of course I can think of a phrase that involves an Egg and Face and something about being without a chair if there is a big selloff today

 

[WorkFE]

You did not think they would give you the money and not meddle did you. Dumb AR$@S
http://money.cnn.com/2009/07/22/autos/chrysler_testimony/index.htm?postversion=2009072217

 

[WorkFE]

Looking for a nice quiet flat day. But you never know when the match will be lit.

I don't know about you all but I could handle that:
http://www.cnbc.com/id/32121733

Jump on people, plenty of room: (For Now)
http://www.cnbc.com/id/32006738

Nothing like a little Pandemic news to bring in the dividends:
http://www.bloomberg.com/apps/news?pid=20601205&sid=aEsr77OFtXEY

GL today everybody.

 

[WorkFE]

Shaking the Non-Believers this morning or hancuffing the faithful.
Either way you can bet the noon deadline will make someone make a decision they otherwise would not make.
NICE FLAT DAY.

 

[Birchtree]

A couple of good bullish articles - thanx, you make my life easier. I've got 16 stocks to buy if I can only get a rally today - if not they'll wait. Wall flowers are always patient types.