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Thread: BamaAF's Account Talk

  1. #25

    Default Re: BamaAF's Account Talk

    Yikes!! Can I buy a mulligan?

    Oh, well, maybe I will get some blind luck. Hoping the doom and gloom and possible over reaction on GE will soften the blow of more bad news and the fall will be slight. Then maybe get an acorn tossed this way with some less than expected bad news and get a mini run up.

    I have moved out of stocks and back in this month which equals two, if I understand the new rules I can move once more this month, but only to the saftey of the G fund.

    Will buckle up tight for next week and be prepared to puch out and take my lumps if need be.

    Tks for the info EW

    Quote Originally Posted by EW_ret View Post
    The support of 1340 on S&P500 was broken, and volume was light. Many expect more selling next week and we could go below 1300. The monthly/quarterly earnings reports will be in full swing next week. Some are saying since GE surprised all with a bad report, expect more bad earnings reports next week. Next week will be volatile since its options expiration week.

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  3. #26

    Default BamaAF's Account Talk

    Thinking about moving from CSI to G and/or F COB today. I believe Google set to announce after close today, what else is on tap today and tomorrow? Decisions Decisions....

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  5. #27

    Default BamaAF's Account Talk

    Dang -- what's up (or down) with the I Fund this morning? --


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  7. #28

    Default BamaAF's Account Talk

    Well -- at least my allocation will buy in lower

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  9. #29

    Default BamaAF's Account Talk

    100% G COB today

    Was 33 C, 33 S and 34 I

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  11. #30

    Default Re: BamaAF's Account Talk

    May has done a lot better than I expected; still sitting 100% G awaiting the "drop" to re-enter the fray. The "drop" may not be coming though.

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  13. #31

    Default Re: BamaAF's Account Talk

    Yeah, it's coming..today or tomorrow..But be ready when it hits bottom to jump on...

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  15. #32

    Join Date
    Apr 2005
    Location
    Gainesville, Florida, USA
    Posts
    24,244

    Default Re: BamaAF's Account Talk

    Waiting....this is a slow and sure process as the bulls continue to add to their strength, while at the same time, people continue to look for reasons for a top. The expectation of a rest period has so far not materialized. Rest periods might be an impossibility with all the liquidity hitting the markets simultaneously - with two rate cuts in less than a week in January. The bulk of this tsunami money still hasn't hit yet. I think there is incredible strength yet to come. If we get the faster EMAs back above the 1% trend, we're back in a bullish configuration. If we are able to take out the October highs on the MCSUM this will indeed clear the way to new highs in the NYA price pattern.

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  17. #33

    Default Re: BamaAF's Account Talk

    Quote Originally Posted by Birchtree View Post
    Waiting....this is a slow and sure process as the bulls continue to add to their strength, while at the same time, people continue to look for reasons for a top. The expectation of a rest period has so far not materialized. Rest periods might be an impossibility with all the liquidity hitting the markets simultaneously - with two rate cuts in less than a week in January. The bulk of this tsunami money still hasn't hit yet. I think there is incredible strength yet to come. If we get the faster EMAs back above the 1% trend, we're back in a bullish configuration. If we are able to take out the October highs on the MCSUM this will indeed clear the way to new highs in the NYA price pattern.

    I'm with ya Birch, but a couple of BIG IF's there to hope for..

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  19. #34

    Default Re: BamaAF's Account Talk

    Some kind of news come out or something? C & S taking a dive...

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  21. #35

    Join Date
    Apr 2005
    Location
    Gainesville, Florida, USA
    Posts
    24,244

    Default Re: BamaAF's Account Talk

    FMOC minutes - no more rate cuts even if we approach the fires of hell.

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  23. #36

    Unhappy Re: BamaAF's Account Talk

    Quote Originally Posted by Birchtree View Post
    FMOC minutes - no more rate cuts even if we approach the fires of hell.
    The red your seeing is not from the fires of hell, but the effects that this
    is having on the market right now,,,,,ouch !


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