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Old 03-23-2009, 06:56 PM   #21
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Geithner's piss on the taxpayer plan has the wall street crowd salivating over easy money. As soon as the new money piling in starts to wane, someone will change the plan, wall street will get nervous and a whole new down leg will result. I give it a month.
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Old 03-23-2009, 07:04 PM   #22
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Whee, what a great day for the market! The increase in my portfolio since yesterday could pay for a whole year of ER. Let's keep our fingers crossed and hope it isn't over. I just love it when the roller coaster is headed up, up, up....
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Old 03-23-2009, 07:59 PM   #23
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Whee, what a great day for the market! The increase in my portfolio since yesterday could pay for a whole year of ER. Let's keep our fingers crossed and hope it isn't over. I just love it when the roller coaster is headed up, up, up....
Oh-oh. Your enthusiasm has not had a good record.

ha
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Old 03-23-2009, 08:08 PM   #24
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Oh-oh. Your enthusiasm has not had a good record.

ha
OK, I will try to restrain my exclamations just a little bit, anyway. Here you go:

Wheee!!!
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Old 03-23-2009, 08:54 PM   #25
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For someone who actually sold two weeks ago during this discussion, How far will you ride the market down ? what would you do now?

The market is up ~20% since you sold. Do you stay on the sideline, or jump in here?
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Old 03-23-2009, 09:02 PM   #26
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I suggest one maintains their target asset allocation. Jumping in and out is a market timing and you will ultimately lose. Could be a bear market rally and we will be back down to DJIA 6500. Or it could be the beginning of a 50% uptick. Who knows? The answer is blowin in the wind.

The problem with people (like me) who overstimated their tolerance for equities and have adjusted their target stock asset allocation downward (by the market itself or by selling) will have to maintain discipline and keep their target asset allocation. You can't have it both ways.
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Old 03-23-2009, 09:23 PM   #27
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Dueling bottom callers! Too much of a good thing? I think not!

Dual signs of a bottom.? How ‘bout this.
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Old 03-23-2009, 09:26 PM   #28
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Dual signs of a bottom.? How ‘bout this.
Do you have one where her sweet bottom is not fuzzed out?

ha
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Old 03-23-2009, 09:31 PM   #29
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OK you got some credit. Were you also smart enough to get out at the top?
Out, in, out, in ... kinda like sex that ended badly.

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OK, so you coud have, or might have, called the bottom. OTOH ... OK, you da man.... maybe
Alright, so it was a fluke. My past is littered with the consequences of bad market timing. If a broken clock gets it right twice a day, this is my first.

So tell us. What’s next? How much, when. Like the man said ... “just the facts ma’am. “ Or all you just a bitstream of anonymous keystrokes?
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Old 03-23-2009, 10:37 PM   #30
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If this continues much longer we will no longer be suitable objects of derision from the cash crowd. And gallows humor will seem quaint. But perhaps I should wait a while...

Ha
Ha - Between 1929 and 1932, when the dow lost almost 90% of it's value, there were rallies (from trough to peak) of 52%, 19%, 28%, 31%, 39%, and 29%. Unfortunately, there were losses (from peak to trough) of -49%, -30%, -38%, -39%, -45%, -41%, and -55%.

Me? I'm not all cash or all-in, about 55% equities as of the end of the day. (Kiss of death for the rally statement: This rally is beginning to look like a bunch of big money sitting there on the sidelines with lots of cash and maybe starting to realize that they have "too much" cash come March 31st fess-up time.)
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Old 03-23-2009, 10:48 PM   #31
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Me? I'm not all cash or all-in, about 55% equities as of the end of the day.
Our AA is only 50% equity.
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Old 03-23-2009, 11:14 PM   #32
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Dual signs of a bottom.? How ‘bout this.

A place to visit the next time im in St Pete! thanks
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Old 03-24-2009, 09:57 AM   #33
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Old 03-24-2009, 02:56 PM   #34
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T-Al, I can't imagine what they're lining up for...
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Old 03-24-2009, 03:08 PM   #35
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T-Al, I can't imagine what they're lining up for...
Free examinations? "If you have a 'going' problem, it might be a growing problem!"
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Old 03-24-2009, 03:11 PM   #36
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T-Al, I can't imagine what they're lining up for...
"Hello? I heard you have an opening for a proctologist..."
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Old 03-24-2009, 03:12 PM   #37
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T-Al, I can't imagine what they're lining up for...

Their daily "ration"
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Old 03-24-2009, 07:35 PM   #38
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Today, I gave back 28% of the gain yesterday.





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Ten more days like this is all I ask for! Well, that and maintaining at or above that level for the infinite future.
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Whee, what a great day for the market! The increase in my portfolio since yesterday could pay for a whole year of ER. Let's keep our fingers crossed and hope it isn't over. I just love it when the roller coaster is headed up, up, up....
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For gosh sakes! Don't jinx it!!!!
Audrey
Someone already did.

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Well for your sake as well as the rest of us, I hope we are seeing the start of a good long rally. I did an appeasement dance when I typed this, so don't worry about annoying the market gods.
ha
Ha, the market god was not pleased by your suave tango steps!











Just kidding... Buy buy buy...
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Old 03-24-2009, 08:09 PM   #39
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T-Al, many things went through my innocent mind when I saw your post. But I controlled myself from responding all day.

However...the one thought that has remained until tonight is "Thank God he shaved today".
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Old 03-25-2009, 10:13 AM   #40
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On Monday March 23, my asset allocation got back to where I rebalanced it on Jan 16!

Audrey

P.S. - TromboneAls picture is a job fair! I guess the sign out front said something like - "Brownnosers apply here!".
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