Thread: coolhand's Account Talk

That's certainly a lot of information in one place but I thank you so much - it's a delight to read. More ideas and more opportunities.

Okay, after today's action I'm starting to get nervous. I'm up about 18% in very short order. Seasonality and light volume may continue to push us higher, but tickersense and the $weighted SPX are saying we may see a correction, although not necessarily right away. This is also options expiration week, so all of this has to be looked at in that light.

I'm thinking it may be time to start a cash position.

I'll know a little more after I digest today's events, but what does the board think?

kind of watching you , i need all the help i can get ,and hope you keep kicking A$$

well you and C P , but with my loss it is hard to tell what i am doing , just paying the man

At this point in time I wouldn't fight the Fed - the bears are about to get crushed. Snort!

Originally Posted by Birchtree

At this point in time I wouldn't fight the Fed - the bears are about to get crushed. Snort!

I agree longer term. I'm more concerned about the next 2 weeks.

Remember, you're talking to a timer.

Originally Posted by kar crazy

kind of watching you , i need all the help i can get ,and hope you keep kicking A$$

Hope you've made some money off my moves.

sure been trying ,just dont bail when i should i guess i know its a (GREED) thing this is what wind hunter keeps telling me G L C H

Originally Posted by kar crazy

sure been trying ,just dont bail when i should i guess i know its a (GREED) thing this is what wind hunter keeps telling me G L C H

If I change my allocation I will post here first.

I took a look at Ira Epstein's mid-day review and based on the close and his charts would have to say that today's action was certainly bullish. Not only do we have a higher high, but we closed at it, and that suggests the trend has indeed changed. There's a very good chance we have some more room to the upside yet.

More fallout from the Madoff scandal:

http://business.theglobeandmail.com/...PStory/?query=

http://www.dailymail.co.uk/money/art....html?ITO=1490

http://www.nypost.com/seven/12162008...mad_144455.htm

http://dealbook.blogs.nytimes.com/20...-investements/

Originally Posted by coolhand

If I change my allocation I will post here first.

I got my eye on you...