Thread: Market Talk/March 12-18, 2006

being drawn.....is the market selling off and end of month going to the dogs????

Frankly I haven't had a chance to really look it over, maybe I will get a chance and comment later this week....

Vacation is very occupying.....

Have a good week all...

Originally Posted by The_Technician

being drawn.....is the market selling off and end of month going to the dogs????

Tech,
I think the market is kind of stuck in the mud! On the up side, about 1300 [$SPX] the market runs into resistance. On the down side about 1250 is the support level. However, higher lows may place that number around 1260. Someone needs to call for a tow truck (a catalyst) to break free of the trading range. Otherwise, all I see is being range bound. Accordingly, it's not a good rule to play range bound stocks. Put the $ in something thats advancing. In some respects that could be the G-Fund or your trader cash account (that gets a small %) or find a better fund.
Kind of like fishing! We are over a bunch of turtles; they are just going to eat your minnows, and all you will get is a sunburn.
Rgds, and be careful!............. ..............Spaf

The Kingdom of TSP
Daily Edition
March 13, 2006 Closing

Yak, Doodles, Tea Leaves & The Tin Box

Kingdom Yak:
Market Yak.............................Socks take low ground as lube rises.
Other Yak...............................Lube jumps 3% on Iran heat.

Doodles:
Socks [$SPX] Closed at.............1284.12, up +2.55
Volume (CMF) (money flow)........+0.150, decreasing.
Averages (MACD) (trend)...........+1.44, increasing.
Momentum (S-STO) (signal)........37.37, increasing.
Strength (RSI) Overbought/sold...[70] 52.90 [30]

Lube (NYM) Closed at................63.67, up +1.83
Oil Markers..............................<64= ok, 64-69= worry, >69= panic.

Tea Leaves:
Charts & Stuff..........................Yellow.

Tin Box:
Position..................................100%G
Stops [$SPX]...........................Alert: NA, Trail: NA

but coveting thy neighbors lawn is not my style - his car is a different matter however. That I fund surely looks tempting but I prefer to munch on my dull dry hay - be careful of the $.58 blind side that may be around the corner gentleman. That's the max damage potential that can happen in one day. Otherwise I am envious of my wife - she owns international. Got to keep my greed factor in control.

Dennis

Originally Posted by Birchtree

but coveting thy neighbors lawn is not my style. Got to keep my greed factor in control.

Dennis

Dennis, your right! But....U got a good strategy going.

Just as sure as you find a hole in the fence, here comes the dang-burn bush-hog..........Spaf

I keep waiting for the -5% correction to start, but it's not happening. :/

Originally Posted by bkrownd

I keep waiting for the -5% correction to start, but it's not happening. :/

We need a catalyst! Good or bad to get us out of this trading range! Then we can play.................Patience.......... patience!

Rgds, and be careful............. ...........Spaf

bkrownd. I keep waiting for the -5% correction to start, but it's not happening.

I found this quote this am anyone care to comment on it.
"The dollar was also pressured by concerns over a possible -$200 Billion Current Account deficit due out later today at 13:30 GMT and overnight dovish comments by SF Fed President Janet Yellen who noted that the Fed should be careful to not overshoot by raising short term interest rate too high. At 8:13 GMT USD/JPY was trading at 118.54 lower than the 118.75 Monday’s close in New York.

I believe the feds hold their finger on the Market catalyst. We have weathered Oil at 65$, Hurricanes, Japan Scandal, Our own scandals, Rising bond rates, Rising gold rates.

There are only two items left to correct before boarding starts on the newly formed Birchtree airline, destination BULL ORBIT. Until then we all need to take the rollercoaster ride, if you like rollercoaster’s.
Iran and the Feds have both feet firmly planted on the brakes of the space craft.

While we are chasing nickels and dimes take a look at this site.
Hit the (show more) tab and see more results.
http://www.morningstar.co.uk/markets...ry=GB&univ=UK1

I wonder if it would be prudent to draw some cash out of the TSP and invest in some of the emerging markets listed.
I am figuring it would future diversify my retirement portfolio. Other then paying back the interest to the while paying back the loan, and the mutual taking a Hugh hit; what are some of the other down sides??

Originally Posted by JOVARN

bkrownd. I keep waiting for the -5% correction to start, but it's not happening.

I found this quote this am anyone care to comment on it.
"The dollar was also pressured by concerns over a possible -$200 Billion Current Account deficit due out later today at 13:30 GMT and overnight dovish comments by SF Fed President Janet Yellen who noted that the Fed should be careful to not overshoot by raising short term interest rate too high. At 8:13 GMT USD/JPY was trading at 118.54 lower than the 118.75 Monday’s close in New York.

I believe the feds hold their finger on the Market catalyst. We have weathered Oil at 65$, Hurricanes, Japan Scandal, Our own scandals, Rising bond rates, Rising gold rates.

There are only two items left to correct before boarding starts on the newly formed Birchtree airline, destination BULL ORBIT. Until then we all need to take the rollercoaster ride, if you like rollercoaster’s.
Iran and the Feds have both feet firmly planted on the brakes of the space craft.

It is like they have the stock market on a string first they pull the oil string then the interest rate string, makes me sick!

I thought that there was something wrong!

How can the fundamentals be strong and the technicals so weak. If the economy is growing then why is the stock market stuck in a trading range?

Is it interest rates? Energy? Whats keeping the socks from rising?...

Iran and the Fed (Cartel)?.........