tag:blogger.com,1999:blog-5888907630242568925.post3589960778363182090..comments2023-06-05T04:15:43.212-04:00Comments on Money Money Money: 7 days in a row !!!chaugnerhttp://www.blogger.com/profile/16378543210029732358noreply@blogger.comBlogger12125tag:blogger.com,1999:blog-5888907630242568925.post-46590063946087743882009-06-05T00:57:30.219-04:002009-06-05T00:57:30.219-04:00Went to the bank to refinance my house. To my sur...Went to the bank to refinance my house. To my surprise, 30 years fixed jumbo loan is now 6.7%. <br /><br />It is up 150 bps from just two weeks ago. <br /><br />Time will tell, but I think we're near a top. Expect worse economic numbers by Fall this year.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5888907630242568925.post-18212528486622712632009-06-04T16:31:54.172-04:002009-06-04T16:31:54.172-04:00Adam - How about looking at the right time to ente...Adam - How about looking at the right time to enter a trade...whether it be long or short. You perma-bears are getting crushed. Need to have an open mind when trading (unless you enjoy losing money).samalamadingdongnoreply@blogger.comtag:blogger.com,1999:blog-5888907630242568925.post-87642178707146393552009-06-04T15:22:35.582-04:002009-06-04T15:22:35.582-04:00Thanks Chris.
As always will be watching your co...Thanks Chris. <br /><br />As always will be watching your comments for when you feel its right time to go short.<br /><br />Continue the good work!<br /><br />Adamadamnoreply@blogger.comtag:blogger.com,1999:blog-5888907630242568925.post-47175483499149227322009-06-04T14:50:02.393-04:002009-06-04T14:50:02.393-04:00adam, yeap difficult market. Retest of previous hi...adam, yeap difficult market. Retest of previous high is to be expected here and most likly a marginal new high followed shortly thereafter.<br /><br />samalamadingdong, been mostly watching waiting for my short entry. Not going to participate on the long side until I see the first real play after the 200dma break.chaugnerhttps://www.blogger.com/profile/16378543210029732358noreply@blogger.comtag:blogger.com,1999:blog-5888907630242568925.post-4307467168821459452009-06-04T13:48:43.305-04:002009-06-04T13:48:43.305-04:00chausgy...whats the game plan? you still scared o...chausgy...whats the game plan? you still scared or are you ready to take a crack? <br /><br />sama m - sidelines for you. you need to clear your mind. meditate.samalamadingdongnoreply@blogger.comtag:blogger.com,1999:blog-5888907630242568925.post-23900573856531593162009-06-04T13:48:35.329-04:002009-06-04T13:48:35.329-04:00Chris, Sam, thanks for all your comments. Ive bee...Chris, Sam, thanks for all your comments. Ive been following the blog in 'silent mode'...or should that be in ..'beaten up by the market so badly mode'...<br /><br />i get the feeling the market wants to retest the highs from monday before going down?<br /><br />thanks again<br />adamadamnoreply@blogger.comtag:blogger.com,1999:blog-5888907630242568925.post-88055541969695805672009-06-04T12:19:59.115-04:002009-06-04T12:19:59.115-04:00take a look at financials and real estate. Quite a...take a look at financials and real estate. Quite a bit of strength today and maybe just what the bulls need here as we had discussed yesterday.<br /><br />If we can get S&P to follow on the upside we should have the chance for more upside here tomorrow.chaugnerhttps://www.blogger.com/profile/16378543210029732358noreply@blogger.comtag:blogger.com,1999:blog-5888907630242568925.post-23385286983226622422009-06-04T11:53:19.081-04:002009-06-04T11:53:19.081-04:00I suspect not much activity today. we close negati...I suspect not much activity today. we close negative. tomorrow we may see 909- 914 or so. like samala.... suggested.samamehtahttps://www.blogger.com/profile/17905476190756761913noreply@blogger.comtag:blogger.com,1999:blog-5888907630242568925.post-57418474243580767632009-06-04T08:45:40.617-04:002009-06-04T08:45:40.617-04:00also keep in mind I had mentioned earlier in the w...also keep in mind I had mentioned earlier in the week that this is a "discovery" week for me.<br /><br />We have a huge amount of variables to consider at the moment. Commodities, energy, USD, US equities, Europe equities (FTSE not playing nice for the bulls). Plus fiscal policy, money printing machine not just in US but also elsewhere.<br /><br />All of those will screw with every variable we need to consider for a longer term trade. It is so difficult to navigate through this at the moment - more then ever before I feel.<br /><br />While you know I am as bearish as they can be - part of this may require me to turn bullish on sectors even though the overall view is bearish. Its quite a mind game at the moment ...chaugnerhttps://www.blogger.com/profile/16378543210029732358noreply@blogger.comtag:blogger.com,1999:blog-5888907630242568925.post-39332318733231213772009-06-04T08:34:12.327-04:002009-06-04T08:34:12.327-04:00The other direction =) .. take a look at UUP on th...The other direction =) .. take a look at UUP on the daily. Turn will come soon. Coupled with the noob index making its last moves we are very well positions to time our short entries here.<br /><br />I am still 100% cash and staying out most of the time. I did some tries yesterday but "walked" away again. Rather wait until everything lines up the way I want it to.chaugnerhttps://www.blogger.com/profile/16378543210029732358noreply@blogger.comtag:blogger.com,1999:blog-5888907630242568925.post-39899099287049753072009-06-04T08:31:38.935-04:002009-06-04T08:31:38.935-04:00In addition, where do you think the dollar is head...In addition, where do you think the dollar is headed? I know you don't have a crystal ball... but an educated guess?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5888907630242568925.post-25619620697088656872009-06-04T08:29:35.118-04:002009-06-04T08:29:35.118-04:00Thanks a lot for the Dollar explanation Chris. Mak...Thanks a lot for the Dollar explanation Chris. Makes total sense. Sounds even elementary when I read it, but I never made that connection until now. I'm a noob :) Learn something new everyday.Anonymousnoreply@blogger.com