12%ayear's Account Talk

[wht00ss]

Are you talking about the week of Aug 13th?

If so, sp500 closed Friday the 10th at 1,453.64. Closed today at 1406.70for about a 3.2% drop.

6.1% down in 5 business days - final correction


white

refer to fast money tonight

 

[12%ayear]

Oh well, another red start for sure. Global markets tanked and the USMs are starting off in deep red zone. This is good for a flush. I tend to stay fully invested in this stage of the game. I am sticking to my plan of making at least .23% a week . Still early to count out the I FUND today. We have a little cushion of 30 cents. The worst case is down over 1%..not bad. However; if something postive happens today, we will be the best fund to be in with that+.30 cents. Also time to be in the I Fund. The markets will come back, this is a correction for sure.

 

[12%ayear]

I will eat crow today if the market does not close green. Have a good feeling today the markets will do a 360. Heavily shorted with overnight postions are in trouble. Techs are going to lead the way

 

[fabijo]

If they do a 360, then they'll end up in the same direction they started!

 

[dieselscout80]

If they do a 360, then they'll end up in the same direction they started!

They've done 360° all this week.

I hope they pull a 180° today :worried:

 

[12%ayear]

relax folks, today will be a good day...trust me

 

[12%ayear]

Looking For Triple Digits Gain On The Djia.

 

[WIND_HUNTER]

Looking For Triple Digits Gain On The Djia.

I hope your right. Please be right...

 

[vectorman]

Looking For Triple Digits Gain On The Djia.

If you get back up to 12% by Dec 31 you deserve the title.

 

[poolman]

I hope your right. Please be right...

Go with your gut. Wind Hunter!

 

[tsptalk]

I think there is pressure to keep the market down because of the massive open put option positions. The release may come late Friday or Monday when those options are no longer an issue.

 

[jayhawker]

I think there is pressure to keep the market down because of the massive open put option positions. The release may come late Friday or Monday.

If this should happen and we get a rebound, would the S Fund be the best bet? Seems to me it would but I would like your opinion.

 

[budnipper1]

Looking For Triple Digits Gain On The Djia.

Wish I could find your optimism

 

[WIND_HUNTER]

Go with your gut. Wind Hunter!

I plan on it. I think we're close to heading back up but, what do I know...

 

[12%ayear]

This is where its interesting. The afternoon. Plenty of time for anything to happen. GL

 

[tsptalk]

If this should happen and we get a rebound, would the S Fund be the best bet? Seems to me it would but I would like your opinion.

The S is more interest rate sensitive so I don't know how that would work. The thinking we have of course is that the S has suffered the more damage and should rebound more. What sometimes happens is the initial buying is in the more liquid large stocks, then the small caps lag by a day or so. Whatever, if the market starts ramping up you want to be aggressive with some S and I.

 

[James48843]

relax folks, today will be a good day...trust me

Well?

 

[12%ayear]

Well?

market is still not closed.

 

[kar_crazy]

market is still not closed.

i heard that hang in there

 

[12%ayear]

i heard that hang in there

I am not worried at the very least. So I gave up about 10% in one month. However;I have 22 years before I turn 62 year old. Plenty of time and I will have well over a million dollars in my account.This is part of going business, take a hit once in a while and move forward. I will regroup all my loses and then some. BTW, the market is still opened and plenty oif time to push ahead. THINK POSTIVE!!!!!!!!!!!!!!!!!!!!