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Thread: tekno's account talk

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    teknobucks's Avatar
    teknobucks is offline Club TSP
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    here'smy talk thread at last!



    go easy on me now folks....


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    teknobucks's Avatar
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    like to buy support and sell resistance. feel trend line is in a "melt-up" phase for a while.

    markets will grind up from here to a point in 2007 where a major correction sets us back to where we are now. the us and world markets both since 2000 have followed trend lines similar to the 1929 - 1934 dow chart. do believe history repeats itselfover time.....cycles complete themselves. (any major event of course could blow this model :shock

    by selling into rallies and buying the dips over the next year or so one should be able to outperform the overall market.

    the markets are always right, it's the investor who makes the mistakes.

    tekno
    good luck 2 all!

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    The_Technician's Avatar
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    Tekx$, sorry ole boy, I think you're two years off......I feel the correction is this fall, and I trust my data.......there will be a improved market starting in 2007, just in time for the election.....2008.......

    You may want to take a look around and see if the majority ofconsumers are spending money for they have little.....and that affects the bottom line with high energy costs affecting the most, high everyday services costs....high commodity costs.....it doesn't take two years for that to affect the market....
    :dude:

    The Technician (escapades at times as Carnac)

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    teknobucks's Avatar
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    well as they say the rich r gettin richer and the poor r gettin poorer.

    have you been in a walmart lately? they are selling nothing but junk to clientele posing as third world folks. perhaps the south is a bit worst off than the rest of the country...the other day we witnessed folks changing oil in parking lot, pushing a car to start it, local sheriff had a woman in custody (handcuffed) at the customer service desk, and they had an announcement saying something like " scan ailses 13,14,and 21 with security cameras " felt as if we had gone on a trip to a foreign country!

    right now i'm just trying to run like hell from that poor camp bro...LOL

    seriously these stock prices are and always have been indicators of fluff. if i was completely convinced that the next several months were to the upside i would not be half in and half out.

    bush is grabbing fistfulls of air with most of his agenda items nowadaze. the last part of a second prez term is the time to payback your friends while driving thru politically risky ideas.( most of his friends and ideas for that matter are associated with the big caps.) that is why i have favored the c fund.

    jmho

    tekno

    * still believe in that 1929-1940 dow chart replaying it's self

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    grandma's Avatar
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    teknobucks wrote:
    after further review..... http://www.ny.frb.org/markets/permanent.html

    tekno
    What is this saying? The amt there increased from 400 million to 1. billlion, or that the sell off went to 1.1 billion, or what? I don't know what the informaion is telling me.

    Thanx - I really appreciate your sharing with us.

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    Welcome back tekno, the bonds are getting alittle more attractive. Good luck. http://www.bloomberg.com/news/markets/bonds.html

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    frenchee is offline Newbie
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    Hello Tek,

    My first post just to say hello to you and all of your fans!



    Frenchee, I've moved your post to the proper thread. Please post comments in a person's "account talk" thread and not their "account" thread.

    Thanks and welcome to the board!

    M_M

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