Nearly Naked (Simple Trades)

I guess you could say that, on the side. I've been doing some research and there isnt an organic vegetable farm supplier within 100 miles of me.

So if I merely had 1000 customers that spend $50 a month on vegetables that around 50k a month, not bad considering the overhead and expansion possibilities.

On top of that its going to allow me to incorporate the family more

Hope it turns out well

hi hope everyone's doing fine and greenish

been a while, how are you doing saxon and marc
good job on higher and higher probabilities trades!

The markets really moving nicely. Anyone catch any g/u?

No. It didn't line up for my signal.

I've been trying to post my charts all morning but either FF has a server problem or it's my internet service provider. Hmmm, my trade feed is coming through just fine.

Finally the markets are moving

Hey OvT,
Where you been? How has the trading been going?

Interesting article, I don't like Buffett, but interesting anyway. Anyone else feel the same way he does?
http://www.reuters.com/article/idUSTRE6513F920100602

I will have my charts/targets up in about 10 min. We might see my UCHF target sometime this year, woohoo

This would be ideal for me, but we know that ideal never happens. I am directionless on all pairs and just watching S/Rs. Each bounce would be on significant S/Rs. But hey, UJ could go higher too, this is just based on any downward move

Directionless is a good way to put it. I'm in the same slow boat.

From OptionMonster.com

What money flows are telling us
June 2, 2010 Wed 12:19 PM CT

The recent market peak in April and the trough in May are not based on simple reassessments of company prospects or macro economic conditions. The flow of funds is generally the better determinant of price.

As we begin June, it is not unusual for new money flows, which typically come in at the start of each month, to influence prices. That may be part of what we are seeing today in the moderate snap-back.

Against that backdrop, it is worth examining the cumulative estimated flows based on weekly domestic equity long-term mutual fund data from ICI, the Investment Company Institute. This data is preliminary and subject to revision, by the way, and therefore not something one should trade on.

http://www.optionmonster.com/cms/com...flows602-1.pngThe data will later be revised and replaced to show monthly flows, which are actual, not estimated. The numbers here are not the individual weekly flows themselves, but rather the cumulative flows over the period from April through May 19.
The graph at left shows the story quite well of the marginal new highs made in mid-April, right at the peak of recent positive flows, and the quite sharp decline in flows that followed, corresponding to recent market lows. Against flow, our opinions on the relative worth of a stock or other asset aren't going to mean much.

If negative flow trends continue, it is probable that prices will decline. If flows moderate or turn positive, the price trend is likely to follow. In either case, there can be lags between flows and price, so we must be cautious about using this as any kind of a signal.

What we can draw from this information is that investors turned highly risk averse in late-April, slowing inflows and then sold funds aggressively through the bulk of the headline European debt crisis in May. According to the ICI website, estimated domestic outflows in May, again cumulative, was at least -$16 billion according to estimates up to May 19. In anyone's book, that is a significant amount of negative flow.

Check this out too, break soon? I don't think we will get wedged though fib 61

I saw that on another thread as well. Someone had a TP of 91 if it broke the LTL.

I went long UC at 50fib. No target, stop at 1.0350.

This is aligned with the weekly and daily ...so lets see if it moves higher.

What price was that

1.0388 ... i will post charts if possible. (as usual they are lying at home)

This is the 50fib from 0.9927 to 1.0851

It broke, just not as hard as I was hoping