Nordic's Account Talk

**Nordic** · 10-24-2009, 10:24 PM

Might be a good time to lighten up in the I Fund with both a probable correction and increasing dollar, at least short term.

http://www.decisionpoint.com/ChartSp...091023_tp.html

**burrocrat** · 10-24-2009, 10:44 PM

welcome nordic.

where are you considering going with a move out of the I fund?

**Nordic** · 10-24-2009, 11:09 PM

Thanks burrocrat, glad to be onboard. I'm conflicted as to where I'd shift to, we seem to be approaching the big cahuna correction we've been talking about for awhile....but I still think there may be 2-3 weeks left of upside action, which I'd hate to miss out on. When I do shift, I'd like to be closer to the end of this leg up, and then move mostly to G probably. Normally I'd try to stay invested during all of November and December, but this might be a challenging year to do that.

**Nordic** · 10-25-2009, 02:51 PM

Birchtree's move-the-tugboat-to-the-lillypad VIX reading of 20 is rapidly approaching, oil recently breached the $80 level, and economic fundamentals continue to deteriorate (unemployment, banks, etc). I would love nothing more than to see BT's bull market extend into 2010 and beyond, but at some point the bull manure is going to hit the fan again (I'm hoping my "dumb money" comments prove me wrong).

**Nordic** · 10-26-2009, 06:27 PM

Originally Posted by Nordic

Might be a good time to lighten up in the I Fund with both a probable correction and increasing dollar, at least short term.

http://www.decisionpoint.com/ChartSp...091023_tp.html

Will be interesting to see how much the dollar rises in the near term.

http://articles.moneycentral.msn.com...x?feat=1336452

**Nordic** · 10-27-2009, 02:11 AM

I'm seeing more of the "...we've seen these stair-step moves in this bull run in the recent past..." comment now. What's that old addage about...once you think you have the market figured out?

Interesting times. Coolhand's TimingPointProjector is anticipating a few weeks left in this upswing before the manure flies, and perhaps the rising channel in the SPX will allow for more "stair-stepping".

Let's see..."anticipating", "perhaps", SSSS, rising dollar, rising oil...the "G"ject button looms. I'm sure Birch likes to hear that.

**Birchtree** · 10-27-2009, 02:47 AM

The bullish tonality is still prevalent. If the late to the party hedge funds decide to buy tomorrow - we could easily take the last two trading days back and then some. Send the market up on a parabolic move and then you'll see some dire panic - the VIX will drop hard reversing it's latest big up move on fear.

**Nordic** · 10-27-2009, 01:22 PM

Another bank related article. I still find it surprising that some call this market overvalued after last year's decline. Overbought possibly, but overvalued?

http://articles.moneycentral.msn.com...x?post=1336776

**Nordic** · 10-28-2009, 01:58 PM

Smart money heading for the exits?

http://articles.moneycentral.msn.com...x?feat=1339061

**Nordic** · 10-29-2009, 01:40 PM

Here's to a better day.

http://www.msnbc.msn.com/id/33529806...ks_and_economy

**Nordic** · 10-29-2009, 04:59 PM

Coolhand's SSSS seems to be making the correct call at this point, so I moved 40G/30F/10CSI today COB. I normally don't play the F fund, but if we do have further downward pressure, I'm hoping to be in on any AGG gains. I have to admit the TPP is tugging at my peepers, making it difficult to lighten up at this point in the projection.

**coolhand** · 10-29-2009, 05:04 PM

Originally Posted by Nordic

I have to admit the TPP is tugging at my peepers, making it difficult to lighten up at this point in the projection.

That's why I'm still worried about whipsaws. That and the propensity of this market to shoot in either direction. Our TSP accounts are like driving models T's on the autobahn.