Thread: Market Talk / July 16 - 22

[QUOTE=Spaf]

The Kingdom of TSP
Sunday-Weekly
Early Edition
July 16, 2006

I'd like to know where can I get a mouse like this?

Pyriel,

That's not a mouse, it's a Gremlin. Watch the water!

Don't know how much more of this I can take- I'm down 12K in five days, and I thought we had hit bottom before then.

But there is so much gone I'd hate to pull out, just in time to miss a bounce up.......

If you're not sure James, let your allocation reflect that, and what you're comfortable with losing. Nibble in on the way up, nibble out on the way down. That way, you're never 100% wrong, of course never 100% right either. 100% right euphoria is fleeting, 100% wrong hurts for a little while longer

Originally Posted by James48843

Don't know how much more of this I can take- I'm down 12K in five days, and I thought we had hit bottom before then.

But there is so much gone I'd hate to pull out, just in time to miss a bounce up.......

Do I know which way to play this week? NO!!

07/14/2006 - Updated 6:55 PM ET
Escalating violence could keep U.S. stocks down Deadly fighting in the Middle East may overshadow flood of earnings reports</IMG>By Carla Mozee, MarketWatch
SAN FRANCISCO (MarketWatch) - U.S. equities are likely to extend losses next week if the violence in the Middle East escalates over the weekend, once again overshadowing corporate earnings reports for the second-quarter season.http://markets.usatoday.com/custom/u...D0302679CE5%7D

Originally Posted by James48843

Don't know how much more of this I can take- I'm down 12K in five days, and I thought we had hit bottom before then.

But there is so much gone I'd hate to pull out, just in time to miss a bounce up.......

Remember TSP are index funds, so they have a better chance of recovery, as apposed to sector funds. My experience has been if you sell, you are selling low to a permanent loss.
You buy socks at a lower price and sell them at a higher price.
We are in the worst months+the mideast+oil. My thinking is we are in a bad time frame, but it should pass, when: don't know.
Motto: Never jump out of perfectly good airplane!

Originally Posted by Spaf

Remember TSP are index funds, so they have a better chance of recovery, as apposed to sector funds. My experience has been if you sell, you are selling low to a permanent loss.
You buy socks at a lower price and sell them at a higher price.
We are in the worst months+the mideast+oil. My thinking is we are in a bad time frame, but it should pass, when: don't know.
Motto: Never jump out of perfectly good airplane!

Motto: Never jump out of perfectly good airplane! HEE, HEE! Yeah!! I like that!! YES SIR, I LIKE IT! It's good when it's good!

Hurry up - I can't wait until next week - got my buy list and ready to hurt myself. Put me in the Stinger scorpion leg lock - make me cry out cluck, cluck.

The Leading Economic Index, as compiled by the Conference Board. has now contracted over the past six months. There have been 7 times when the yield curve has inverted and the LEI also contracted for six months. The last 6 of those times have seen a recession an average 9.3 months later. Just trying to pre-empt the next Wizard scare tactic. I guess it could be fortuitous but fortitude will rule the investment day.

Companies are buying back so much stock that you don't even need a strong sales performance to get these double-digit EPS any more. Within the S&P 500, earnings per share at 108 companies increased by at least 4 percentage points thanks to buybacks. The cash laden companies in the S&P 500 spent 45 percent of their capital expenditures on stock buybacks last year, which was especially significant because capital expenditures were on the upswing.

What do these executives know that I don't. Companies have never bought back this much stock before. IMHO they are providing a market floor. And from remedial economics we know that removing shares from the earnings per share calculation can make the figure look much better than would have otherwise. So due diligence is encouraged.

Birch I saw the trac--- Oh, nevermind!

Everyone and their sister is so negative. Fed Chief Bernanke heads to Capitol Hill on Wednesday and Thursday. The last 3 big mover days since trend reversed were on 6/1, 6/15, 6/29, - all Thursdays. What a great time to be invested - it's like sliding down the rabbit hole. Exciting to say the least. My heart is pulsating with adrenalin - even giving money back to depreciation is better than coasting in the G fund. The move up from here could actually be down right explosive - no one will see it coming, no one is prepared to take the BULL ride. Well almost no one - Spaf and Robo are primed. I keep thinking about the Zweig volume thrust signals - mercy. Snort.

Pretty tough for the market to move up with what's happening in the middle east. Israel has blamed Iran for attacking its warship, and if they really believe that, I don't see how they can avoid declaring war on Iran.