The numbers above are also the closing numbers for the month of July. So this makes 2 months in a row that the markets have closed down and I’m pretty sure that July is the worst for the year. A lot of Julys’ poor results stemmed directly from what is going on with the Debt…
Month: July 2011
Busted !!
Ok, Last update for the day. This is the last update for the day until after the close. The markets have made a very nice move to recover everything we lost this morning and I will stay in until at least Monday. No telling what the rest of the day will bring because yesterday it…
I will stand still today.
We are steady at this moment in time but I would totally understand anyone that would want out of this market. I will however, stand my ground in hopes that a decision will be made on the debt ceiling by this time next week. It is a total gamble and I’ll either be right or…
This is looking bad
Apparently the politicians in this country do not mind screwing with the American public, markets, and doing everything that is possible to embarrass us Worldwide. I could go on and on about as each day passes, it sometimes shames me to call myself an American. Is this how the greatest power in the world is…
S-Fund update
I did not like the fact that the S-fund created a lower pivot high today, but with all the news out there it does not surprise me. What we really need to see it that price does not fall through or close below $693.75. This week and next is likely to be very volatile…
TSP weekly update, July 22, 2011
What a difference a week makes!! Scroll down and look at the S&P500 chart from July 8th and look at what I said was likely to happen and then look at this weeks chart and you will see we are on course. Does this mean I can read every situation and get it right every…
Going as we want so far…..
Today we bounced off $1295 and started back up hill and created a third higher pivot low and it was exactly what we were looking for. So we now have a new uptrend line that has accelerated from the second pivot and what we need to happen now is to climb through $1356 to create…
TSP weekly update, July 15, 2011
Overall last 5 days pretty much sucked if you were looking for the markets to go up, but since I was expecting a pull back, I was not surprised. I also know that the politicians in the country are playing games with the America public and I hope someone pays. Do you really think they…
Weekly TSP update, July 8, 2011
Sometimes in the market there is just not a lot to say and this is one of those weeks. I was really looking for a pull back this week because of the huge move the week prior. Tuesday and Wednesday we just treaded water and then Thursday we got another big move up, followed Friday…
Weekly TSP update, July 1, 2011
Wow, what a week the market had this week. I hope that most of you all got the opportunity to take part in the run but if you didn’t just remember this saying and never worry about missing another move like this. “I would rather wish I would have gotten in, is much better that…
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