Thread: 12%ayear's Account Talk

fwiw went to the I Fund for tomorrow based on NIKKEI and dollar.

nice comeback in the markets..Small caps were down heavy and fought there way back for a .10% return. I think Asia will rally and along with Europe.This will hold well for the I Fund, Wednesday... GL

OSMs looking great. US DOLLAR stronger today, but report can make it drop. GL

locking profits today and going into the f fund.

Originally Posted by 12%ayear

After tomorrow IMO be very careful. The markets are acting like there are no inflation problems. This last 2 weeks has been nothing but a suckers rally. Earnings have been running the show,however;that will soon end. That is why i put up my new avatar, to remind myself and others. I see the DJIA 's top around 13200.

I posted above last Wednesday. I see today we reached that 13200s level. The DJIA has has a huge run-up and to me it feels frothy/toppy right now. IMO...protect the profits and wait for the next move before being stuck in a downfall. When the DJIA falls, it will fall hard. I went to the bonds just for sidelining.

nice little profit today to add to our collection. Time to be careful!!

Here comes the tricky part for people. Do I chase the run-up? Is it for real? I missed the rally and I am mad some will say, so they throw in the towel. The pros will say...sideline and wait!! The DJIA hit my target of 13200. IMO I think you will see the 12000s so enough. The DJIA has not be down 2 days straight since early March. Earnings are coming to the end and oil is climbing. Guess what? Inflationary pressure resumes. Also I strongly feel that the later part of this year...you will see a huge sell-off. However; I still will be will a market-timer hobo and jump on a moving train here and there.

False rally, IMO. Market desperate for any good news, but the Job Numbers could be spun any way they want. If #'s come in high........"see the economy is great more new jobs." If #'s come in low........."see business are cutting cost and make'n money."

Market expects 100k new jobs. I thought the economy needed 150+ just to keep up with the inflow of new kids coming into the labor market.

Flip of a coin on Friday.

Originally Posted by Show-me

False rally, IMO. Market desperate for any good news, but the Job Numbers could be spun any way they want. If #'s come in high........"see the economy is great more new jobs." If #'s come in low........."see business are cutting cost and make'n money."

Market expects 100k new jobs. I thought the economy needed 150+ just to keep up with the inflow of new kids coming into the labor market.

Flip of a coin on Friday.

here is a great avatar for you....http://www.scholastic.ca/education/s...ow-me_logo.jpg

Cool!

lol, now CNBC is talking about the S&P hitting record highs. Give me a break!!!