Thread: 350zCommtech's Account Talk

Originally Posted by Silverbird

Japan is not having a good night...well if the news I'm getting on their tech companies is any sign, they are hurting big time. Layoffs in Japan!!! Check NEC and Sony and a couple other of the big players in the financial or tech news.

You must be looking at last night's numbers, since it's Saturday in Japan right now.

Originally Posted by Silverbird

Japan is not having a good night...well if the news I'm getting on their tech companies is any sign, they are hurting big time. Layoffs in Japan!!! Check NEC and Sony and a couple other of the big players in the financial or tech news.

Originally Posted by 350zCommTech

You must be looking at last night's numbers, since it's Saturday in Japan right now.

Dang nothing gets by you!

Originally Posted by 350zCommTech

Looks like a bearish close to me. NDX closed below the 50 but still in the triangle is the only caution for bears.

Lets see what sticksave they can pull out of their ass Sunday night/monday morning.

I really think the only way they can is if Geithner looks under a rock and finds 2 trillion dollars in the White House lawn.

Barring that->Down,,Down,,Down

F fund is looking interesting.

tyx.jpg

tnx.jpg

SPX 860 is the first test. If that is not taken out they may rush back into bonds for the weekend.

Also RSI +70 can last for weeks. It is when RSI gets closer to 90 when you are pretty safe to say it is time to get out of dodge or short it.

Originally Posted by Prozium

SPX 860 is the first test. If that is not taken out they may rush back into bonds for the weekend.

Also RSI +70 can last for weeks. It is when RSI gets closer to 90 when you are pretty safe to say it is time to get out of dodge or short it.

TNX RSI hasn't been near 90 since July 07. I'm just looking for a short term pop in the F fund.

Originally Posted by 350zCommTech

I'm just looking for a short term pop in the F fund.

It's been bleeding down and trying my patience. Bonds don't seem to have snap back rallies like stocks. The AGG reached strong support today so I'd say it needs to bounce here and now or I will have to stop the bleeding. (Would that be a great overly bearish buy signal or what? )

Originally Posted by tsptalk

It's been bleeding down and trying my patience. Bonds don't seem to have snap back rallies like stocks. The AGG reached strong support today so I'd say it needs to bounce here and now or I will have to stop the bleeding. (Would that be a great overly bearish buy signal or what? )

Capitulation out of the F fund? Yeah, I've done that.

But seriously, bond yields are due to drop back and at least test the 20dma before moving higher again.

I'm also in the same boat. Hoping for a quick rally in bond prices. Though the prefect storm would be to have bond yields move down to the 20dma and the S&P fall to 800 level. I do not want to waste a move into the G. I need to move from the F into stocks. However, right now I just don't see a move from F into stocks. This month may become a bad month for me.

I would think F fund will have good gains when the next stock down leg forms. Not sure if bonds selling off is just a "fad" (short bonds as seen on TV) or if it will accelerate. Looking at a chart of AGG...I would beware of a possible red waterfall forming! If I had to guess, I would say we bounce in F but it would be pure guesswork.

Originally Posted by ATCJeff

I'm also in the same boat. Hoping for a quick rally in bond prices. Though the prefect storm would be to have bond yields move down to the 20dma and the S&P fall to 800 level. I do not want to waste a move into the G. I need to move from the F into stocks. However, right now I just don't see a move from F into stocks. This month may become a bad month for me.

Yeah, I'm willing to sit in the F for the whole month. Monday should be fun.