sell! sell! sell!

[CHOPTALK]

does anyone have any suggestion on how to make money with a somewhat limited 401K in a down market?
I have a short position in all my controlled accounts, but in my 401K all I have been able to do all these times I have been shorting is putting my money in a CD that pays less then inflation.

Is there anything I can put this money in that can at least earn a little bit more then im getting now?

I feel like im not fully taking advantage of this situation to its max potential.

All my other accounts is making MUCH more returns then my 401K although I have by far and away the highest return rate of anyone in my company and its not even close with my 401K because as far as I know im the only one in my company that times my 401k. Everyone else is pretty lazy with there plan. They basically stick it in whatever they stuck it in the day they get hired on and never look or touch it for years at a time. I still feel like I could do better with my 401K but the weapons at my disposal are limited.

 

[tiznow]

I was being sarcastic chop ... Regarding deflation

Ive been beating the deflation drum for a long time now ...

Can try your hand at a treasury fund in the 401k but I'm not a fan of that really as you never know when/if that is going to blow up too ... I assume there are no gold options available...

Cash as we deflating/risk offing is an okay position IMO

 

[tiznow]

Also not a good thing in general to be "all in" regarding your investments since you already a good amount short better to just have some ammo laying still in case u are wrong ... Ben and company come out firing hard and it "works" as far as making the markets levitate ... Granted we are talking about u who nails every top and bottom lol

 

[snoop]

Portugal got $8b bailout, future is rallying off low <><>

 

[PatsFan1283]

does anyone have any suggestion on how to make money with a somewhat limited 401K in a down market?
I have a short position in all my controlled accounts, but in my 401K all I have been able to do all these times I have been shorting is putting my money in a CD that pays less then inflation.

Is there anything I can put this money in that can at least earn a little bit more then im getting now?

I feel like im not fully taking advantage of this situation to its max potential.

All my other accounts is making MUCH more returns then my 401K although I have by far and away the highest return rate of anyone in my company and its not even close with my 401K because as far as I know im the only one in my company that times my 401k. Everyone else is pretty lazy with there plan. They basically stick it in whatever they stuck it in the day they get hired on and never look or touch it for years at a time. I still feel like I could do better with my 401K but the weapons at my disposal are limited.

Does it allow you to setup a SDA (Self-Directed Account with a broker like say TD ameritrade) Mine does and then you can invest in mutual funds. Obviously which mutual funds fit that thought process is another discussion but that is 1 way. Tiz hypes up that Hussman dude a lot...

 

[tiznow]

Emergency g7 meeting tomorrow

Let the fun begin

 

[snoop]

Bullish!!

 

[snoop]

CEPR Co-Directors Call on Federal Reserve to Intervene in Spanish Bond Market


June 4, 2012

European Central Bank’s Inaction Could be Costly to U.S. and World Economy Contact: Dan Beeton, 202-239-1460
Washington, DC– Center for Economic and Policy Research (CEPR) Co-Directors Dean Baker and Mark Weisbrot issued the following statement today, calling for action by the U.S. Federal Reserve to contain the eurozone crisis. Weisbrot just returned from Spain, where he observed the impact of the crisis firsthand.

The statement reads:

“The financial crisis in the eurozone, now centered on Spain, is contributing to the slowdown in the U.S. economy and opens the possibility of a worse financial meltdown, of the type that followed the collapse of Lehman Brothers in 2008. This could tip the U.S. economy into recession.

“The European Central Bank (ECB) could put an end to the acute crisis by intervening in the Spanish bond market, as it has done in the past year, thereby stopping financial markets from driving these bond yields to levels at which Spain’s debt is seen as unsustainable. But it has so far refused to do so.

“The Financial Times reported yesterday that ‘A widespread view within the [ECB’s governing] council’ is that prior interventions ‘simply reduced the incentive for governments to act;’ and that ‘the ECB also has to judge whether to take pre-emptive steps to prevent the situation spinning out of control at the risk of lowering the pressure for political reform or wait to see how events pan out before responding.’

“The ECB’s refusal to act, for political reasons, is reckless and inexcusable. Since the eurozone crisis is affecting unemployment in the United States, and threatens to raise it further, it is within the Fed’s mandate to act in this situation.

“Past interventions by the ECB indicate that the amount of intervention would be relatively little. According to press reports, the Fed is currently considering an additional $700 billion of quantitative easing in the United States; the amount necessary for intervention in the Spanish bond market would be a small fraction of this, and possibly have more impact on the U.S. economy. Past actions indicate that private investors would move quickly to buy Spanish bonds on the heels of a central bank intervention. Furthermore, the intervention would come at no cost to the U.S. taxpayer, and the Fed would accumulate foreign assets in its reserve holdings.

“U.S. Treasury rates fell to all-time record lows last week, as fear seized financial markets worldwide. More than $100 billion left Spain in the first quarter of this year – nearly 10 percent of Spain’s GDP – and it is likely that capital flight accelerated in April and May. This capital flight worsens the situation of the Spanish banks, as does the fall in the price of Spanish bonds, which are held mostly in Spain. All of this makes the banking and financial crisis worse. The eurozone recession is deepening, and the financial crisis there is affecting many parts of the world economy.

“It is possible that action by the Fed would also cause the ECB to intervene. But in any case, it is within the Fed’s mandate and ability to contain this crisis. It should act quickly before there is further damage to the U.S. economy.

“Other central banks with large reserve holdings may also want to consider intervening as well, if the Fed does not act, or in conjunction with the Fed if it does.”

********************************

Shorters! You have been warned!!

​

 

[tiznow]

Somebody has a vested interest in a dead cat bounce I see

Thought about covering some midday to play a bounce to reshort into ... But I didn't ...

We'll see if they find a good bounce off this 1275 resistance or just churning around a bit before more blood ...

 

[snoop]

puff_>>

 

[tiznow]

You should be good snoop ... When I have thoughts like I had today and don't pull the trigger on top of me posting I was gonna cover some at 1275 a week or two ago .... We know how it ends

My ability to muck up short term calls is unreal

 

[tiznow]

Sometimes I wonder if I reside an entirely different plane of existence

 

[eek.]

My ability to muck up short term calls is unreal

The market isn't logical except over the long term
Short term stuff is manipulated bigtime by the insider brigade, and nowadays it's worse than ever

:grandmais

 

[snoop]

Today spin....

Germany Is Open to Pooling Debt, With Conditions

Pressed by a banking crisis and turmoil in the markets, Germany has indicated that it is prepared to accept a grand bargain that would provide greater support for its most indebted euro zone partners in exchange for more centralized control over government spending in Europe.

​

German Chancellor Angela Merkel

http://www.cnbc.com/id/47684988

The German chancellor, Angela Merkel, said that finding the way to “more Europe, not less” was the next task for Europe’s leaders. “The world wants to know how we expect the political union to complement the currency union,” Ms. Merkel said at a news conference here Monday with José Manuel Barroso, the president of the European Commission. “We have to find an answer in the foreseeable future.”

 

[tiznow]

Well I covered some looking to re enter at higher ... Look out below!! Lol

 

[tiznow]

Bouncing around between 1275 and 1285 (200 dma) ... Undecided which way to break next ... Chances are it will be down since I'm trying to play a bounce ...

 

[tiznow]

Damn fascbook nosedive won't quit ... 25.80 now ...

We'll see what happens tomorrow when London flips the bots back on ... Painted 200 dma at close... Hoping we can muster a bounce back to 50 dma (1362 and falling quickly) to short into

 

[snoop]

$25 is a near term bottom for FB, expect a brief short squeeze...

When IPO lockup period expires in 6 months, FuckBook employees will flood the market with tons of shares. Long-term: heading South.

 

[CHOPTALK]

My ability to muck up short term calls is unreal

The market isn't logical except over the long term
Short term stuff is manipulated bigtime by the insider brigade, and nowadays it's worse than ever

:grandmais

So why do people make long term decisions based on short term situations?

I agree with all of you bears long term.
But that does not mean there are not tremendous money making opportunities going long during the process.
I have a feeling I will be going long again several more times before the ultimate doomsday.

 

[tiznow]