Thread: Rod's Account Talk

Well, NAZ futures are down 18.5. Not something us folks in (S) like to see. Perhaps that will turn around, perhaps it will not. I must admit, I was heavily "banking" on GOOG's 4Q earnings report. I like what one news commentator said, Google is now "on sale". Hopefully investors will look at it from that perspective and buy in. I know some of the regulars on here own GOOG. I'm sure they are hanging onto it in hopes of it reaching its "targeted" price of $500.

Since I'm now 60% (S), I simply need to remain patient if a sell-off follows today. Again, I hate selling on a loss UNLESS things are really tanking around us.

I'll just have to wait and see what today brings.

God Bless

The NAZ has broke through the clouds...

WILL IT CONTINUE???

(S) lost a penny. Whoop-dee-doo. Looks like investors shrugged off GOOG's 4Q report.

So far, the Nikkei is up over 1% for 2 Feb. If it holds, that may translate into a GREEN day for The Street.

Also, the DJIA is once again closing in on 11,000. I think everyone wants to see it surpass 11,000... and soon. It's simply "positive reinforcement" to the psychology of the market, which is good.

Just think, the lowest close on the DJIA was 28.48 on Aug 8, 1898.

The largest % drop of the DJIA occurred on Oct 19, 1987. It plunged a record 507.99 to 1,738.74. A drop of 22.6%. It took 15 months to recup.

The first time the DJIA closed above 11,000 was 11,014.69 on May 3,1999.

Its all-time high of 11,372.92 occurred on May 21,2001.

Jan 9, 2006- Rises 52.59 to close at 11,011.90, first close above 11,000 since June 7, 2001.

It's TIME... and I'm ready to see 11,000 and another all-time high!

God Bless

I've become simply amazed with The Street's kneejerk reaction's lately.

No kneejerk reaction here.

Hang'n tough.

Jobs report came in short...

The drop in unemployment was the latest sign of a tightening labor market, which could put upward pressure on wages and prices in the months ahead.

We will probably not only be looking at yet another interest rate hike in March but one in May too in which hopefully The Fed will pause for a while after that. 2006 was looking impressive in the beginning, but we still have a long way to go to turn that around.

It's still early in the year and I don't have to withdraw my TSP for another 34 years... contemplating 100 (S) effective Monday...

Stay positive...

http://money.cnn.com/2006/02/03/mark...ex.htm?cnn=yes

God Bless

In every investor's life comes a time to speculate. What a week it has been! Perhaps we will rebound next week???

Effective Opening Bell Monday, 6 Feb:

100 (S)

God Bless!

I'm with ya Rod. Let's go get'em.

Come one in guys, the water's warm!! Oopsie...........

BOOYAH BOYS!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Gee, Rod ya could of said it with a little enthusiasm. LOL

Originally Posted by Show-me

Gee, Rod ya could of said it with a little enthusiasm. LOL

LOL!!!

Yeah, I've been a rather happy camper since returning from my 5 month TDY and catching up on all the cool programs like "Mad Money" on CNBC.

I'm also learning NOT to get excited over losses... but BECOME excited for those future gains!