Thread: Boghies Account Talk

Dude,

You are one of the calmest, coolest, and down right informative cats on this site.....Just saying! We need to do a SOCAL TSP Breakfast again.....

Originally Posted by Boghie

Does anyone else think da' Boyz are implementing a slow distribution of stocks and bonds... Just asking...

To me, it feels like da'Boyz are converting some assets to cash, taking profits, and demonstrating their confidence (or lack thereof) in our political system. They aren't yanking money out, just a nice slow distribution. The panic will ensue in October - like normal.

But, they have to move their assets somewhere and many of the funds and etfs cannot move large sums to cash. Thus, I like my current allocation.

Forgive me for this post has no political intension. This has been a puzzling market, I have not learned to understand it, but I have learned to accept it. This market does not want Romney, you'd think the Market would like what he has to offer, but it doesn't. Meanwhile the market appears to respond favorably to Pres. Obama, I don't know why, but these have been my observations over the past three years. The only conclusion I can demise is that the market likes government spending over free market enterprise.

Now how dows this relate to your post? I agree with you that your senerio is plausible, someone should be wanting to flush out the weak hands, then scoop up the low prices.

JTH, what you have been witnessing is the toasted Obama-Baloney goodbye rally - and it will continue into 2013 when we have new leadership.

Originally Posted by Birchtree

JTH, what you have been witnessing is the toasted Obama-Baloney goodbye rally - and it will continue into 2013 when we have new leadership.

Originally Posted by JTH

Forgive me for this post has no political intension. This has been a puzzling market, I have not learned to understand it, but I have learned to accept it. This market does not want Romney, you'd think the Market would like what he has to offer, but it doesn't. Meanwhile the market appears to respond favorably to Pres. Obama, I don't know why, but these have been my observations over the past three years. The only conclusion I can demise is that the market likes government spending over free market enterprise.

Now how dows this relate to your post? I agree with you that your senerio is plausible, someone should be wanting to flush out the weak hands, then scoop up the low prices.

JTH, I don't really see a strong political correlation. And, I don't see the politicians dancing to the same music regardless of the election. What a mess.

However, the weak correlation seems to point opposite of your Obama/Romney speculation. As this pans out and the polls demonstrate a breakout we shall see. In the end, I cannot imagine even dumb @$$ lawyer politicians allowing the renewal the entire President Clinton tax code concurrent with the increase in taxes due to the Affordable Health Care Act to take hold. If they do, our early 2013 take home income will look ugly - so prepare for it

In the end, this should be a great time to hold some cash for some sort of dumb money move. Yummy

Thanks for the compliment FRIXXXX, and a breakfast is in order. It was fun the last time...

It's called the bernanke effect...QE to infinite and beyond is falsely propping up the markets...give the junkie another fix and watch him soar...we are coming down soon and I don't know if Romney can save us

Originally Posted by rcknfrewld

It's called the bernanke effect...QE to infinite and beyond is falsely propping up the markets...give the junkie another fix and watch him soar...we are coming down soon and I don't know if Romney can save us

if he wins, his chances don't look very good

For the technical analysts out there, what does this Federal Revenue/Expenditure/Deficit chart point to:

20120930_FederalDeficitChart.JPG

I am reading it thus...

This entity is in deep trouble and the only thing keeping spending 'under control' ( yuk, yuk) is that this entity is funded via 'Continuing Resolution'. That type of funding precludes an increase in spending. Yowser.

It would be far better to adjust things now than have them adjusted later. However, that tax plan for the Top 2% doesn't really seem to make a dent. If I squint I can see it, but it seems to fall within the margin of error. That $70 Billion would have made a huge dent in FY2007 - now, not so much.

Originally Posted by sniper

if he wins, his chances don't look very good

I would much rather have a chance than no chance at all. Our problem is OBAMA!

Originally Posted by Boghie

For the technical analysts out there, what does this Federal Revenue/Expenditure/Deficit chart point to:

20120930_FederalDeficitChart.JPG

I am reading it thus...

This entity is in deep trouble and the only thing keeping spending 'under control' ( yuk, yuk) is that this entity is funded via 'Continuing Resolution'. That type of funding precludes an increase in spending. Yowser.

It would be far better to adjust things now than have them adjusted later. However, that tax plan for the Top 2% doesn't really seem to make a dent. If I squint I can see it, but it seems to fall within the margin of error. That $70 Billion would have made a huge dent in FY2007 - now, not so much.

ouch, that looks bad. but the deficit has been shrinking four years in a row, that's good right?

I wonder if Kalefornea's Limousine Liberals realized that Prop 30's income tax increase was retroactive to Jan 1, 2012. Schadenfreude...

Imagine paying a large increase for 12 months of taxes in less than 2 months.

I'll probably follow Frixxxx out of this dive soon enough...