Thread: Uptrend's Account Talk

Can U say F Fund?

"A reduction in inflation risks also expands the Federal Reserve’s leeway to launch a major asset-purchase program to further support the economy. Several analysts, including those at Miller Tabak, had already expected the Fed to implement such a program toward the end of this year or early 2011, said Dan Greenhaus, chief economic strategist at Miller Tabak “A flat reading on core inflation only increases those odds,” Greenhaus said. “The bond market is rallying in response.” "

http://www.marketwatch.com/story/tre...ata-2010-09-17

Originally Posted by Uptrend

Can U say F Fund?

"A reduction in inflation risks also expands the Federal Reserve’s leeway to launch a major asset-purchase program to further support the economy. Several analysts, including those at Miller Tabak, had already expected the Fed to implement such a program toward the end of this year or early 2011, said Dan Greenhaus, chief economic strategist at Miller Tabak “A flat reading on core inflation only increases those odds,” Greenhaus said. “The bond market is rallying in response.” "

http://www.marketwatch.com/story/tre...ata-2010-09-17

fyi-
More for the growing list!

Originally Posted by Uptrend

Can U say F Fund?

"A reduction in inflation risks also expands the Federal Reserve’s leeway to launch a major asset-purchase program to further support the economy. Several analysts, including those at Miller Tabak, had already expected the Fed to implement such a program toward the end of this year or early 2011, said Dan Greenhaus, chief economic strategist at Miller Tabak “A flat reading on core inflation only increases those odds,” Greenhaus said. “The bond market is rallying in response.” "

http://www.marketwatch.com/story/tre...ata-2010-09-17

Yes I can! As luck would have it, I went all in F fund back on September 9th...near the lows. Plan on staying the course as the macro backdrop sure looks good to me. Also, what's good for Santelli is good for me as well!

Glad I am holding FAZ with the mortgage mess that keeps leaking out

Originally Posted by Uptrend

Glad I am holding FAZ with the mortgage mess that keeps leaking out

I'm grateful gas isn't over $5 a gallon and whatever other benefits all this has offered and I hope it all works out.

For now I'm good in 'safety' and I don't expect any huge changes in the short run - unless it's more of a substantial drop.

I guess I don't think about 'double dips' and whatever anymore - but am just waiting .... which may be another year ... who knows.

Anyway -- glad you're back Uptrend.

Originally Posted by Uptrend

Glad I am holding FAZ with the mortgage mess that keeps leaking out

WOW, you've been gone for a month and you come back holding FAZ? Great timing!!

Call me crazy but I see: USD made a higher low and should go up; Bonds ie AGG above 50 ema and looks like a bull flag; SPX hit 1187 resistane point and we see long topping tail; Sentiment is very bullish. All this looks like a top is being put in. It will break out or SPX 1187 to 1150 before long

I think you are correct - let's have the smack down next week.

Originally Posted by Birchtree

I think you are correct - let's have the smack down next week.

Birch, are you saying that we should be on the lily pad next week?

I'll have 20% in G starting Monday to hedge myself incase the hammer falls - otherwise I'm in to take the body punches which will be temporary. I'm trying to plan a purchase of the S fund at much lower prices. It may not work but it's only a 20% sacrifice while I'm looking for an opportunity to move up the tracker.

Originally Posted by Birchtree

I'll have 20% in G starting Monday to hedge myself incase the hammer falls - otherwise I'm in to take the body punches which will be temporary. I'm trying to plan a purchase of the S fund at much lower prices. It may not work but it's only a 20% sacrifice while I'm looking for an opportunity to move up the tracker.

I've endured body punches for awhile, that's not what worries me. It's the head shot I'm worried about.