Thread: coolhand's Account Talk

http://market-ticker.org/archives/14...t-Gets-It.html

Coolhand,

Preach it!!! More trials and HUUUUUUGe Jail time for the thieves!

Originally Posted by coolhand

http://market-ticker.org/archives/14...t-Gets-It.html

Originally Posted by coolhand

For those of you moving to G fund today (like me) the negative durable goods data this morning may very well create a short covering rally. Futures are down, so if we can a gap down at the open that could easily translate into a bearish sentiment spike, and we know what generally happens when sentiment moves too fast in one direction.

Thanks Coolhand and welcome to the (G)arage !

http://www.usdebtclock.org/

Originally Posted by coolhand

http://www.usdebtclock.org/

CH,

Interesting website. Thanks.

This is the rally I was looking for Friday.

Bearishness rose quick again so strength follows. We'll have to see if it sticks throughout the day, and if it has any legs after that. We could still see more weakness during the course of the week.

Originally Posted by coolhand

This is the rally I was looking for Friday.

Bearishness rose quick again so strength follows. We'll have to see if it sticks throughout the day, and if it has any legs after that. We could still see more weakness during the course of the week.

Do you think this rally (if it continues) will signal a SSBS?

Originally Posted by malyla

Do you think this rally (if it continues) will signal a SSBS?

I hope not, but it's possible. I've said I didn't expect the sell signal to last too long, but two days is not something I'd plan on. This is a tricky week too as it's the end of the quarter. There are other factors at play as well.

http://www.briefing.com/Investor/Pub...ot/PageOne.htm

This isn't the first time we've had a quick switch. You can't fault the system, but with the IFT limits how do you follow the system when you're out of IFTs?

That's the beauty of it. If you look at a long term chart of the S&P or the Dow and throw in the 200 DMA, an initial observation is to buy when it's over the SMA and sell when it goes below. Upon closer inspection, you'd see that there were many, many whipsaws along the way.

with all the murders and executions... I mean mergers and acquisitions, evidently the CEO/CFO bidders still think these are bargain prices in the big picture. Do you really think we're smarter than them?

BTW, I borrowed that line from "American Psycho", I'm not that clever.