Thread: Market Talk

http://www.netcastdaily.com/broadcas...005-0430-2.asx

My guess is as good or bad as any other, but a few things stick in my craw.

Talk about oil prices and etc. may become a self-fulfilling prophecy. Brinker says the price of oil, adjusted for inflation, is below where it was 15 years ago. Way below.

So are we being prepared to pay see $3 a gallon gasoline coast to coast? Thatisthe cost of it in San Francisco now.

So even more dollars will fly overseas to pay for it. And even more dollars flying overseas regarding trade deficits, i.e. China.

I suppose many of those dollars and being used to purchase bonds. No wonder 20 year bond rates have remained steady.

The relative strength indicator for R2K peaked in early mid-July and is about to go negative indicating the secondaries are no longer outperforming the blue chips.

I seen gas jump 13+% in just over a week...its 66% higher than a little over a year ago....:shock:

Gotta have something for it.....lets see...oh yeah , it now takes me $15 to go to work every day.....whewww thought I was getting something for that fill up!:*

Attendant at the gas station said she had people coming in to buy $3-$5 worth of gas today.....guess them little japanese machines getGREAT BIG mileage......

under current gas costs, I could buy one of them there high mileage jobs for $400/month and get ahead right???? Uhhhhh.......maybe not........Guess I would have to give up that safety factor I get with my GREAT BIG SUV too....

Gotta have another game in town other than gas and oil.....guess it will be a couple of years before we see some investment worth investing in......

Gotta go.....

:dude:

The Kingdom of TSP

Daily Edition

Market News, Doodles, Tea Leaves & Yak Date August 15, Closing


Market News.

Kingdom Talk: Market sales up! Vestors watched Krude fall off his horse. One vestor commented that Krude's horse Fillerup was so fat that he looked like a giant pig with a saddle!


Doodles and Tea Leaves - Daily.

Doodles:
S&P 500 (Index)
Closed at 1233.87, up +3.48
CMF (money flow) at 0.075, up
RSI (strength) at 54.1, up in midrange of OB/OS.
MACD (trend) bearish
S-STO (signal) bullish
ROC (change) at -0.79 midrange negative bearish.

Light Crude (NYM)
Closed at 66.27, dn -0.59

Tea Leaves: Yellow (caution)


Yak.

Remarks: Holding 50/50
S&P Stops: Alert= 1233 [restored], Trail= 1221.

I was watching Bloomberg this morning while getting ready for work. Jeff Weis was the guest TA guy from Jeffords and Lehman. He put up some five year charts showing the nice valleys that have formed and drew in some lines indicating support and resistance points. He stated that the NYSE composite has been making new all-time highs along with some other indexes. The point he was making is that there has been a very strong base that has formed and this base is prepared to support a market move upward in a bullish phase. He mentioned that the move coming was more than a bull rally in a secular bear market, but was rather the start of a new prolonged bull market - a secular bull market. There are now at least two of us that have a similar opinion - and that's all I need. Take it higher Rochester.

Dennis

Used to be that TSP provided the composite information concerning those in the plan, i.e. how much as a percentage was being invested in each of the funds by everybody in the plan. The information was given in dollar amounts too.

I haven't seen that for some time; it is an obvious gauge of sentiment for those in the plan.

As far a a new secular bull, I'll believe it when Brinker says it. He was right in 2000 and 2003; and that's what finally got me to subscribe.

Quips wrote:

Used to be that TSP provided the composite information concerning those in the plan, i.e. how much as a percentage was being invested in each of the funds by everybody in the plan. The information was given in dollar amounts too.

I haven't seen that for some time; it is an obvious gauge of sentiment for those in the plan.

As far a a new secular bull, I'll believe it when Brinker says it. He was right in 2000 and 2003; and that's what finally got me to subscribe.

hey Quips

can u give us a hint when brinker gives u the green light without compromising your paid subscription?

just a "bob sez load up da truck" will do....LOL

TIA!!!

tekno

lol.......100% accurate my ###

http://stockcharts.com/def/servlet/F...t?obj=ID648573

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wheredid everyone go on this tsp talk board????:x???

not even a peep from the bears anymore?:shock:whatz up?

Well, I'm still trying to organize the golden praise party for DMA - he'll surface on the first down day - me thinks mostly talk and little walk. I need to locate some protective sheeting so we don't ruin the furniture - if you know what I mean.

teknobucks wrote:

wheredid everyone go on this tsp talk board????:x???

not even a peep from the bears anymore?:shock:whatz up?

Kind of what I thought would happen when DMA left. His delivery wasn't very good but at least he stimulated market discussions.

He asked to have his account deleted after I put him in read only mode. All those folks who wanted him out of here have to make up for void.

Talk amoungst yourselves. Here's a topic... With several companies in the S&P 500 being oil related, will the index rise or fall if oil starts to drop? ...