Thread: 350zCommtech's Account Talk

USM up 4% and Euro and Pound are starting to roll over. With Europe up so much, I don't see much chance of a +FV tonight. Japan's bounce last night was modest.

Anybody thinking that the I fund could be a no-brainer play for tomorrow? If the Euro rolls over, there might be a -FV?

Originally Posted by 350zCommTech

USM up 4% and Euro and Pound are starting to roll over. With Europe up so much, I don't see much chance of a +FV tonight. Japan's bounce last night was modest.

Anybody thinking that the I fund could be a no-brainer play for tomorrow? If the Euro rolls over, there might be a -FV?

You asking that question, is like Spartacus asking his troops how to handle a sword

If todays action had been predictable I would be heavy in stocks today. But it seems this buying frenzy isnt just based on the price being lower, no its b/c the news of the IMF Bailing out EU and our Fed joining in has caused it. Seems its then we can control the market with the news cycles. Barnum would be proud of the hokum this market is based on suckers born every nanosecond. ugh.

Originally Posted by fedgolfer

You asking that question, is like Spartacus asking his troops how to handle a sword

I'm looking for opinions but trying not to influence them.

Todays news coul have been unfavorable and would there be a buying surge. thats my point is case it wasnt clear.

Originally Posted by FAB1

If todays action had been predictable I would be heavy in stocks today. But it seems this buying frenzy isnt just based on the price being lower, no its b/c the news of the IMF Bailing out EU and our Fed joining in has caused it. Seems its then we can control the market with the news cycles. Barnum would be proud of the hokum this market is based on suckers born every nanosecond. ugh.

Know that this is basically a transfers of money(or promise of) to the bankers, not a bailout of Greece or any country. The bankers control the .govs. The only way to stop this is for people to riot and overthrow governments. Perhaps this will happen in Greece first as they don't want anything to do with the EU/IMF austerity measures(debt slavery).

Originally Posted by 350zCommTech

I'm looking for opinions but trying not to influence them.

when TARP and ARRA went through, there was volatility and it wasn't straight up until march '09. BUT, EU & ECB didn't just give the market a number to stew on, they're supposedly acting immediately with swaps.

UDN is putting in the V in an inverted H&S, it could double bottom though, but i doubt it:

http://stockcharts.com/h-sc/ui?s=UDN...d=p79474558676

i see it going up to $26.91, then pulling back to test the upper part of the red cloud in early June. JMHO

Originally Posted by 350zCommTech

Know that this is basically a transfers of money(or promise of) to the bankers, not a bailout of Greece or any country. The bankers control the .govs. The only way to stop this is for people to riot and overthrow governments. Perhaps this will happen in Greece first as they don't want anything to do with the EU/IMF austerity measures(debt slavery).

aye laddie. greeks are putting up a good scrap. doubt if it s going to change the world arena tho.

Originally Posted by FAB1

aye laddie. greeks are putting up a good scrap. doubt if it s going to change the world arena tho.

True. Bankers will buy any new government.

How about we just kill all bankers?

Originally Posted by 350zCommTech

True. Bankers will buy any new government.

How about we just kill all bankers?

We already tried that one, though it was kill all the banks. 1930's. No guaranteed deposits = bank runs.

F fund taking a pounding today, down 7 cents. I don't feel like chasing. I would like to see a little pullback first. I think all the good news is out.