Thread: Market Talk / Feb. 19 - 25

Whew, I'm ready to play catch up - got to get off the tracks because the train is on the way. Futures also look good this AM. Please Mr Custer, can I have a 200 point Dow day?

Dennis

turning point in the making....I'm going to start looking for a downdraft of sorts till when......April....

Hey Birch,
Your drawing sabers!
Tech,
Your drawing shovels!

Interesting! Got to interview the Indians and get their take!

Originally Posted by Birchtree

Whew, I'm ready to play catch up - got to get off the tracks because the train is on the way. Futures also look good this AM. Please Mr Custer, can I have a 200 point Dow day?

Dennis

Yes we are playing catch up. Japan is coming out of a recession and we are going into one.

FOMC minutes are hawkish you could have your DOW 200 point day.

Originally Posted by Spaf

Hey Birch,
Your drawing sabers!
Tech,
Your drawing shovels!

Interesting! Got to interview the Indians and get their take!

Birchy Spaf, but if things happened the way he says they will, we will fall into hyperinflation and then interest rates would escalate.. ....therefore, there is a damper on his foresight....my way includes a new buying opportunity after no inflationary pressures, but if we sit still for a while and go nowhere we can hold status quo until time comes for a new move... .which as we stand, could be a long time.....year or two.....and this may very well happen....

G fund should pay the .01 today .

Whats up with the G fund pay out I thought that would have occured a few days ago. I thought the delay was from the Treasury Dept, as they are suspending investments in the G-fund?


Looks like a short term buying opportunity if the NASDAQ can hold the support level of 2260.
AP
Stocks Fall on Fears of Future Rate Hikes
Tuesday February 21, 3:06 pm ET

Overseas, Japan's Nikkei stock average rose 2.96 percent. Britain's FTSE 100 was down 0.09 percent, Germany's DAX index was up 0.12 percent, and France's CAC-40 was up 0.24 percent.
If the Dollars stays under wraps we may have a nice day tomorrow.

The Kingdom of TSP
Daily Edition
Feb. 21, 2006

Yak, Doodles, Tea Leaves, and The Tin Box.

Kingdom Yak:
Market Yak........... Socks slip on growing gas, tighter techs, and rumbling rates.
Other Yak............. Kind of like the half pipe!

Doodles:
Socks.................. S&P 500 ($SPX)
Closed at............. 1283.03, dn -4.21
Money flow........... +0.134, increasing.
Stops.................. NA.
Averages............. +2.86, increasing.
Slow STO............. +90.18, flat.
Overbought/sold.... [70] 56.1 [30]

Lube.................... Light Crude (NYM)
Closed at.............. 62.74, up +1.45
Markers:............... <60 = ok, 60-65 = worry, >65 = critical.

Tea leaves:
Charts and Stuff..... Yellow.

The Tin Box:
Position................. 100%G.

The Indians (odd lot shorts) are at all time record levels.
Six of the LEI 10 components strengthed in January.
There are so many indexes sitting just under the radar ready to pop to the upside - I simply have to be BULLISH.
Dow transports, Dow utilities, NYSE composite are all just treading water waiting for the breakout move. My energy stocks kept me afloat today. But boy this thing really feels good for much more upside - may blow right past Dow 11,722.98 with ease - you choir folks just don't over strain your tender necks from looking up too long. This could be sweet. We may be ready to pre-empt the interest rate pause that is in the making - such a long ways to go before March 28th. Take care.

Dennis - got to be bullish.

6 month - 4.49%
30 year - 4.48%

overnight rate - 4.5%

PREDATOR.
Cool Wizard.

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