Thread: Whipsaw's Account Talk

Originally Posted by ravensfan

Well we either just bought in at the "sale" price, or we just jumped in the barrel right before it went over the falls...

Hope springs eternal, my friend! What I'm seeing this morning, everything is mixed. Futures are up, but mixed. From the Markets Scream:
China closes at lowest level... while.. China's central bank makes massive cash infusion; Facebook profits over 1 Billion. Weaker than expected order durable goods orders. Oil prices rising on discussion of production cuts... Futures just jumped 100 points on US crude!

I'm thinking we're in a good spot, at the moment. Even if you're on the right track, you'll get run over if you just sit there!

3 reasons the S&P 500 may revisit its all-time high - MarketWatch

Originally Posted by Whipsaw

Hope springs eternal, my friend! What I'm seeing this morning, everything is mixed. Futures are up, but mixed. From the Markets Scream:
China closes at lowest level... while.. China's central bank makes massive cash infusion; Facebook profits over 1 Billion. Weaker than expected order durable goods orders. Oil prices rising on discussion of production cuts... Futures just jumped 100 points on US crude!

I'm thinking we're in a good spot, at the moment. Even if you're on the right track, you'll get run over if you just sit there!

Agreed!!! Burro posted it being tricky to know when to step off. I've been reading up on how to invest during a bear market, trying to get a little smarter in that area. Although nobody is saying we're in a bear market, it sure is acting like one with the wild swings both up and down. With that said, my strategy has changed to shorting the market, so this will be a quick play at best. I'm keeping my eye on oil as it is what's currently driving the bus. So it's hammer down with one finger on the eject button.

Gotta feel for the folks who rode this thing all the way down. I played that game in November and December and it's no fun. Let's hope they get a little coin back the next few days.

Biotechs putting a drag on the markets... http://www.cnbc.com/2016/01/28/us-markets.html

More importantly... Delorean Motor Company is firing up a production line!
http://www.cnbc.com/2016/01/27/the-d...roduction.html

delorean-ev-main-1.jpg

I saw one recently selling for $24,000. Wish I could have picked it up. One of the great cars of our time.

FS

Originally Posted by FogSailing

I saw one recently selling for $24,000. Wish I could have picked it up. One of the great cars of our time.

FS

I have always wanted one, maybe someday...

Futures are UP!

U.S. stocks: Dow futures leap after surprise BOJ move, joining in global rally - MarketWatch

[QUOTE=Whipsaw;528798]Futures are UP!

U.S. stocks: Dow futures leap after surprise BOJ move, joining in global rally - MarketWatch[/QUOTE


It it is evident that January has been a very surprising, negative month, even if we end the last couple of days of the month on the upside. Many of us are in awe and shock, but we are staying in the stock funds; and we are taking reasonable but measured risks by doing so. The fact that the price of oil is rising is helping to make money for us. It seems that Japan's decision to work with negative rates is being helpful to U.S. Stocks for the time being. Anyone, please take these premises and make the best opinion as to what is the likelihood of remaining or adding to the stock funds from now through the first few days of February ... I want to thank in advance anyone who might shed some light on this uncertain situation. Good wishes to all!

Airlift, I've been looking for the same thing you so eloquently put forth. While oil is rising and the BOJ move to negative interest rates has led to a good day today, the folks at Briefing.com make the whole thing seem somewhat hollow:

https://www.briefing.com/investor/ou...gdp-report.htm

It seems that commentators are focused on the last month rather than the next. If oil can maintain and/or make further gains, we should see the early part of next week as positive. FS has some good comments on possibilities, the upshot of which, being optimistic, is up to SPX ~1950 next mo. Looks like a high base forming intraday. I though RF said there was investment options that run between now and next week which lend to the upward seasonality, but I can't find it.

My hope is that looking at the 2007 fall and then moving into 2008 January losses...then rolling forward into February...there was a first positive day in February following a positive last day of January before the patched up wheels continued to fall off. Ugh...looks like we have a chance of at least a good start to February...decisions descisions.

Someone could verify this. Past history is no guarentee of future results. However...we have had a terrible pullback in S Fund. So...maybe some relief early in February.

Some interesting comments in the 'IFT of the Day' on the AT. My original plan was a couple days to catch some upside. Maybe I should stick to the plan?