12%ayear's Account Talk

DOW JONES INDUSTRIAL AVERAGE IN

(DJI: ^DJI)
Index Value:12,484.76Trade Time:3:57PM ETChange:
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140.86 (1.12)
Source: Yahoo Finance, Today, May 23.

Impressive, 12%:D
 
look for some more down side this week 12200s range is very possible. Today's gains will not hold. Shorts will erase gains. Also for next month, I am staying away from small caps and looking at the SP500.
 
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Amazing.... Like the old commercial used to say... When 12% speaks, everybody listens... Looks like a pretty steep slope erasing earlier gains.

John
 
Hi 12%,
I'm trying to calibrate an entry point for the stock funds. Tom posted the SPX seasonality chart the other day. It has indicated as positive the last 2 trading days in May, as well as the 1st 5 trading days in June. On the other hand, you mentioned yesterday that you'll probably IFT on June 1, perhaps going into the C fund and avoiding the small caps. Today, the durable goods numbers came out at -.5, better than the -1.5% consensus. I am aware that as you just noted, today we will probably get a buy and drop later.

I have not done any IFTs in May. If I consider Tom's possible entry in the last days of May, I would enter the C fund in May, wait for positive June seasonality to kick-in and I would still have 2 unused IFTs available for June. If we were to get a drop today, I would be buying C fund shares at a lower price. What do you think? Others' opinions are equally welcome. Tia.
P.S. Crude oil prices appear to be dropping. This should be good at least for a short-term trade ....
Shorting away at the open. Pop and drop
 
Shorting away at the open. Pop and drop
Here is the drop. I am waiting until June to make my new transfer. It might get ugly this week. Looking at the first week of June to make a move then I will lock any profit, go to the F Fund and then G Fund.Protect those profits. Oil has been down the last few days;however we are not out of the woods.
 
Well L2R..maybe tomorrow after all, or even better, maybe Friday before it dives...All Green today

Congrats to all that hung on today:)
 
First transaction of the month..went 100% C FUND for 6-4. So far +.08% for the month. Although,the futures are red, I see a rally today. The C FUND is lagging and will be the front runner for the month. I see the DJIA close in the 12500s today and 12600s-12700s for the week.
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