my feeling about next week

After  I was scared out of my 40% shares on oct 19, 2010,  I really think the market is very stable in this week.
but almost every data shows the economic is growing slow, BUT it continue growing.  it’s the key factor before the election.
I think next week will keep same if there is not surprise.
between 1160 and 1180 is another solid bottom. 
but also 1120(1200*) is hard to break it through with current data.

So I will still keep my “hard-earning” money out of stock market. keep them with money market rate. it’s also not bad.

We are in between, let market decide their direction.

all best!


Sorry typo again. it should be 1200, not 1120

Right Now, I have no comment

 

Market is in the place which can go to both way, up or down. so I just shut my big mouth up. let market choose the direction.

 

Although, as you know I sold some my position.  I am 60.5 : 59.5, just 1 percent more bearish.  I am afraid I have bias, so I sold my position days before.

I really so busy right now, it’s the reason I can not post on the blog.  I am not afraid to share my sometime “wrong” predictions.

good luck, friends. good luck on your trade. 

today’s data, 10-19-2010

Stocks took a dive early and remained lower at midday following mixed earnings and an interest-rate increase in China.
Housing starts in the United States increased 0.3% in September to a seasonally adjusted annual rate of 610,000, countering economists' expectations of a 4.2% decline. Single-family housing starts also rose by 4.4%. The South and Northeast saw a rise in housing starts, but the Midwest and West saw a decline. Building permits also dropped by 5.6%, compared with an expected 1.2% increase.

 

data is ok. but the market break down.  I sold almost 40% of my share today, since the fact is not matching my expectation.  Maybe I was wrong on somewhere. 

today is almost a turning point. need tomorrow to confirm. 

 

today’s data 2010-10-18

The National Association of Home Builders/Wells Fargo housing market index increased three points in October to 16, which is the same level as it was in June and higher than the predicted reading of 13. The index's components, which are current sales conditions, sales expectations, and traffic of prospective buyers, all increased.
U.S. industrial production, however, fell 0.2% in September after showing a 0.2% increase in August. Economists had also predicted an increase of 0.2%. Capacity utilization fell, as well, t o 74.7% in September compared with August's figure of 74.8%, which also is what economists predicted for September. Year-over-year industrial production, however, was up by 5.4%.
At midday, the Dow was up 0.4%, while the S&P 500 was up 0.3%. The Nasdaq was 0.1% higher.
Stocks on the Move
Citigroup C reported a third-quar ter profit of $2.2 billion, compared with a $101 million profit the same time last year. Year-over-year revenue also increased 2% to $21 billion but declined 6% compared with second-quarter revenue. The bank's total credit-loss provisions were $5.92 billion, down from $9.1 billion a year earlier and $6.67 billion in the prior quarter. Shares were 4.3% higher at midday.


not bad at all. uptrend hold well. let’s check 1190

today’s data, 2010-10-15

Bernanke believes that the current state of high unemployment and low inflation will persist into 2011. The Fed looks set to further ease the money supply and keep low rates for an extended period of time.
September inflation numbers showed almost no change in the price level of core products and only a 0.1% increase when volatile food and energy prices are included. The tame level of inflation will likely give the Fed further ammunition to embark on a quantitative easing program.
Retail sales headed upward in September gaining 0.6%. Autos, electronics, appliances and Internet sales powered the increase.

today’s new is better than yesterday’s. 
the news right now is not a major factor.
since we already know the economic is growing very very slow. It’s the real factor. 
if we don’t have any new economic stimulus package, 1120(1200*) can be a start point to short.
if we have, 1120(1200*) will be hold well
2010-10-18 -- very sorry, big typo. 1120 is a bull**** to us. sorry for misleading. 
too busy right now. sorry again 

today’s data, 2010-10-14

Weekly jobless claims unexpectedly rose by 13,000 last week indicating that the tough job market is showing no signs of letting up. Economists had estimated that claims would rise by only 1,000.
A record trade deficit with China sent the total U.S. trade gap 8.8% higher to $46.35 billion in August. Imports from China grew by 6.1% while exports to the country fell slightly from July.
Producer prices rose 0.4% in September -- the third monthly increase in a row. Higher food and energy prices were primarily responsible as core inflation remained very low. Investors are eyeing inflation numbers to gauge how willing the Federal Reserve will be engage in another round of quantitative easing.

 

so bad,  news are all bad, if you don’t want take the risk, sold some to take the profit is the real good idea.

I will wait for the tomorrow, or the sign told me the uptrend is broken.

it mean uptrend is still fine

first time touch 1180, we will have a rest here, and also here is a battle point again.

1180 is touched

 

nice job, well done!.

http://ttnotes.blogspot.com/2010/09/blog-post.html

http://ttnotes.blogspot.com/2010/09/1180.html

http://ttnotes.blogspot.com/2010/08/1180-s-2010-08-25.html

 

发信人: afang2009 (miggie miggie o i ni), 信区: Stock
标  题: 年内你可以看到1180
发信站: BBS 未名空间站 (Wed Aug 25 16:08:07 2010, 美东)
sp at least 1160. 
--
大势所趋 股市纵横 个股争鸣 －－股市打出一片天
http://ttnotes.blogspot.com/search/label/stocks%20conference
http://ttnotes.blogspot.com/search/label/(MQP)Stock%20Prediction
http://ttnotes.blogspot.com/search/label/Picks
我承认我是有私心的， 但我不骗人骗婚。－－我只骗感情！！！

today’s data 2010-10-13

Import prices appeared to have little affect on market movement, as they fell 0.3% in September after increasing 0.6% in August. Economists predicted the prices to decrease by only 0.1%. Import prices still posted a year-over-year gain of 3.5%, but this was the smallest annual increase in almost a year. Export prices rose for the second straight month in September, though the 0.6% increase last moth was lower than the 0.8% increase in August. However, the year-over-year increase of 5.0% was the largest since May.

 

Don’t know why, every time we got lottery!

it’s big green. tomorrow it will be holding well

At least the uptrend will be kept very well, no matter what!