12%ayear's Account Talk

[12%ayear]

Although, I took this hit in the I Fund, the last 3 days,I am still feeling postive about the World Markets. This was a shakeout and there will many who duck for cover. Japan needs to be the one who recovers before the US and the others make any strong moves. Will post my update once a week on Fridays for now on ,for my mission to 12% The Yen is way overbought and the dollar is way oversold. I would not be surprised to see the I Fund pop 2-4 % in one day. Stay tuned and have ice in your veins.

 

[clester]

Although, I took this hit in the I Fund, the last 3 days,I am still feeling postive about the World Markets. This was a shakeout and there will many who duck for cover. Japan needs to be the one who recovers before the US and the others make any strong moves. Will post my update once a week on Fridays for now on ,for my mission to 12% The Yen is way overbought and the dollar is way oversold. I would not be surprised to see the I Fund pop 2-4 % in one day. Stay tuned and have ice in your veins.

Be careful, been there done that. Don't let pride get in the way.

 

[nnuut]

12%ayear you are deep into it by now and it's very hard to get out even if you want to. I hope it doesn't last much longer because it takes a pretty long time to recover, ie. lose 6% it takes 12% to get even. Mister Market can be a really bad boy, look at 1998 when almost the same thing happened. Guess it's best to hang-in-there now, but I really don't know how much longer this rout will go on? Best of luck!:worried:
Norman

 

[Birchtree]

A good DCA program can be the redeemer of many a portfolio - every two weeks comes around pretty quickly and you get excellent buy ins while on autopilot.

 

[nnuut]

Oh yeah, buy low, good idea but just how low will she go, I've got a bank in the "G" just waiting for that day!

 

[GGal]

A good DCA program can be the redeemer of many a portfolio - every two weeks comes around pretty quickly and you get excellent buy ins while on autopilot.

But we're already doing that! So that doesn't make me feel any better!

GA

 

[Birchtree]

A DCA program will buy as low as it goes - picking up more shares the cheaper the price. Then you get to buy it all the way back up and the longer it takes the more shares purchased again - just not as many shares as on the downside. TSP is a retirement plan designed to accumulate shares over many years. It takes shares and not percentages to make money. IMHO. Look at a graph of the SPX over the last 4 years - good things take time. I still plan to make $125K in my plan this year without doing an over abundance of IFTs.

 

[nnuut]

A DCA program will buy as low as it goes - picking up more shares the cheaper the price. Then you get to buy it all the way back up and the longer it takes the more shares purchased again - just not as many shares as on the downside. TSP is a retirement plan designed to accumulate shares over many years. It takes shares and not percentages to make money. IMHO. Look at a graph of the SPX over the last 4 years - good things take time. I still plan to make $125K in my plan this year without doing an over abundance of IFTs.

You could say 1 IFT sense you've been on the board for 2%. Go, Go Birchtree!

 

[Birchtree]

Thanks, I really needed that circumspect recognition - I prefer to remain nonconspicuous. It's hard work mantaining an image.

 

[nnuut]

Thanks, I really needed that circumspect recognition - I prefer to remain nonconspicuous. It's hard work mantaining an image.

NONCONSPICUOUS? ha, ha

 

[GGal]

Pointman bailed on me. There are lots of hold-outs still, including me. I couldn't check everyone, but some are:

Gilligan
Remo
Showme
2Easy
VirginiaBob
Knot Guilty
Wizard of oz
12%
S and S
ATCJeff
Russell
JayHawker
LowKi
Post
GGAL


You know, I didn't bail last May (I was oblivious) and turned out okay. Is this worse than last May?

GA

 

[12%ayear]

Based on my numbers, I am +1.37% for the year. Its a bad week, no doubt. The US Dollar is very oversold to the YEN. However; I have been in postions like this, not worried at all. I have 19 years in the TSP with 23-25 more to go. I put in every raise and COLA I get into the TSP. No COLA this month. LOL...At any rate, I been trading since 1987 worked at Fidelity before I was laid off while going for my series 7 . My point, well I thank you for the works of wisdom, but I know trading is all about emotions. This is not new to me.

 

[nnuut]

I know it's not new to you. I forgot who I was talking to. You know what you're doing, I just worry about some the new members that are taking this big hit now. Best of luck.
Norman

 

[ATCJeff]

I know it's not new to you. I forgot who I was talking to. You know what you're doing, I just worry about some the new members that are taking this big hit now. Best of luck.
Norman

Remember it's their decision....

 

[nnuut]

Exactly ATCJ, but -----------------------------------

 

[Birchtree]

Trust me the hits are not that awesome in retrospect compared to some previous dumps. It's better to learn the ropes now rather than wait until they have serious money on the line. Personally, I wouldn't change a thing about my strategy until I see if volatility is here to stay. Be right is the important fact and then sit tight on your position. If you are wrong on the facts then you'll pay dearly. It's not necessary to run everytime a bear drops one in the woods.

 

[nnuut]

Please~!

 

[nnuut]

We are talking about our Members money here, they are NOT long like you, not one of them!:nuts:

 

[12%ayear]

NIKKEI up and Yen down

 

[ATCJeff]

We are talking about our Members money here, they are NOT long like you, not one of them!:nuts:

You know one thing that is hard to judge by what people write or do with their accounts is what is their risk tolerance. Luckily mine is high and that is why it looks like I'll be reward tomorrow.