6-Handle

[tsptalk]

Wow, we may see a 6 handle on the S&P in a few minutes. :blink:

It hasn't happened since Oct '96.

 

[Gumby]

Wow, we may see a 6 handle on the S&P in a few minutes. :blink:

I am cinching down my seat belt

 

[tsptalk]

Thar she blows....
6-Handle

 

[Steadygain]

Tom,
This would be a really GOOD TIME to add an instant view of the TOP 10


If you could Add that - everyone checking 'us out' would see how high a lot of us are doing...


I bet anything most of us maintain those GAINS

 

[tsptalk]

I'm not sure I follow - instant view? There's a list of the top 10 on the home page, if that's what you mean??

 

[Steadygain]

WOW !! Thanks for the fast response.

I mean like in place of 'Lastest Forum News'


Something that REALLY STANDS OUT to everyone

Sure makes us look like pros..

 

[Steadygain]

If you did that the TOP 7 would SHOW UP


It's just an idea - but anyone with a TSP Account checking this place out and they see those returns.... may be a good drawing card.


Anyway - just a thought - OH I MEAN THE TSP TALK FORUMS PAGE

 

[Steadygain]

OMG !!

I'm sorry Tom - please disregard

and please delete these posts - here today


My Favorites - takes me to Fund Quotes and Your Commentary - and from there I go here.

When others ask where I get my info I refer to the Home Page - and that's the perfect spot for it.

I never go there (or very rarely do) so didn't even know it was there.

So you're ahead of the game

 

[nnuut]

no comment:suspicious: I take that back; PROs? if we were professionals we would be doing a lot better in my opinion. We don't take our own advise, out of the 190 people on the tracker 37 are even or better, you can figure out the percentages. This Depression has fooled us all and continues to be a tremendous challenge to make any money. One of the big reasons or the BIGGEST reason is the limits on the number of IFTs we now have. If you combine that with the 12:00 EST deadline it makes it almost impossible to play the Market. The only way to succeed is to stick it all into the "G" and wait until it's over. I know here comes the DCA thing, the only one here that may make out with DCA here is Old Man Birchtree, but he has the leverage to do so. Small time folks can't play that game and win. As you can tell I missed this 7% rally!!
Anyone for lunch>

 

[tsptalk]

My Favorites - takes me to Fund Quotes and Your Commentary - and from there I go here.

When others ask where I get my info I refer to the Home Page - and that's the perfect spot for it.

Also, in case you missed it, there is a link to the "tracker" page in the top horizontal menu. It also shows the top 10.

I hope that helps.

 

[tsptalk]

no comment:suspicious: I take that back; PROs? if we were professionals we would be doing a lot better in my opinion. We don't take our own advise, out of the 190 people on the tracker 37 are even or better, you can figure out the percentages.

Actually, there are about 140 that are beating all of the stock funds, so that's not too bad.

 

[Steadygain]

no comment:suspicious: I take that back; PROs? if we were professionals we would be doing a lot better in my opinion.

Norm, I feel like we're good friends and know each other pretty well.

SO let me start by saying when I woke up at 3 am - I was wide awake and came in with an urgency to SOUND THE ALARMS. My goal and most supreme Mission is to distroy THE BEAR.

I realized 'too late' this was NOT a bounce - BUT A RALLY so I wanted everyone to know 'Grab what you can'

We don't take our own advise,

LOOK AT WHO I WENT TO YESTERDAY - Coolhand, ContraianJeff, Poolman, 350z, Uptrend, Corepuncher, Birch - and all that stand out as THE MOST SOLID PLAYERS WHO NOT ONLY HAVE THE RIGHT INFO but KNOW HOW TO READ IT. XL-entLady made me realize there is very solid advise for all of us to utilize.

Let me say briefly that I view all of us as PROFESSIONALS - including MistaMagee - because everyone of us is here to make the most out of our TSP. Dr. F and Coolhand (and all the others NOT on the AT) do themselves a dis-service by not being on the AT.

out of the 190 people on the tracker 37 are even or better, you can figure out the percentages.

SO maybe it's time to change - I can not tell others to follow 'my gut' - but I can seek out the BEST (as I did yesterday) and have them bring us all to the light. Our biggest problem has been that often the advise is sporatic and conflicting - and then the individual is often going to do what they 'feel best' so you've got a variety of clumps. My HOPE is that the BEST will share what they can with everyone so all of us ARE WINNERS.

This Depression has fooled us all and continues to be a tremendous challenge to make any money.

Fool me once - shame on you. Fool me twice shame on me. I got majorly screwed by this BEAR last year. This year is pay back time.

One of the big reasons or the BIGGEST reason is the limits on the number of IFTs we now have. If you combine that with the 12:00 EST deadline it makes it almost impossible to play the Market.

These 'limitations' make it very challenging. All the more SAFETY has to be the underlying KEY in a BEAR MARKET - and High Risk must be done with a well planned move.

The only way to succeed is to stick it all into the "G" and wait until it's over.

That is a Buy and Hold strategy that only guarantees immunity against LOSS - but it also largely prevents the best of gains.

My point about making the TOP 10 List more visible yesterday and the TRUE MOTIVATION behind my entire message on this thread is to show everyone THERE IS A BETTER WAY - WAY BETTER THAN "G".

I know here comes the DCA thing, the only one here that may make out with DCA here is Old Man Birchtree, but he has the leverage to do so.

Most importantly Birch is not your standard B&Her who years back decided to allocate his money a certain way and never look back.

LOOK at the ADVISE he gave yesterday - and the wealth of details that he follows on a regular basis. I believe the B&H strategy is a BIG MISTAKE (whether G or High Risk) BUT BIRCH stays in touch with the cycles - the TED Spread - and the many other components that are VITAL to SOLID INVESTING - that's why I love him so much and respect him the way I do.

Small time folks can't play that game and win.
You're right Norm - B&H is a losing plan and a serious mistake. That's why we all come to this site - we want a better plan.

As you can tell I missed this 7% rally!!
Norm - I'm an even bigger idiot. I KNEW the reward was comming and went in about a week early and by the time that 7% came was already under 4%.

LOCKED IN THE GAINS - only to find that night 'THIS IS NOT A BOUNCE - IT'S A RALLY' and I'm in f*@#)@* JAIL.

Armed with that knowledge decided it's time to bring the whole Board in on the game. The more others WIN - the more the BEAR loses and I'm out to distroy the BEAR. I may be in JAIL - but that won't in anyway keep me from letting others in on a good thing.

 

[dannyboy]

I am a complete rookie to a lot of the terminology for the markets?
I have no idea of what 6-handle means?
I am a government worker, aka, I bust my ass to do the things that require me to get my job done and anything my supervisor asks me to take care of; make databases, write code, etc.
After that I go back to chill mode until the next brushfire rolls in.
Please clarify; for me and any other people who may have an interest?
What is a 6-Handle,
What are the details of all spec.'s associated with this "6-" ?
How does that affect the markets?
Does this have any specific bearing on TSP Funds or accounts?
D

 

[nnuut]

Actually, there are about 140 that are beating all of the stock funds, so that's not too bad.

Yes that is true and over the last 4 days it has changed BIG TIME!! Beating the "C" fund is OK but it's still down 16.28% for the year. That's not pretty, but about +10% is the last few days helped a lot.

 

[tsptalk]

I am a complete rookie to a lot of the terminology for the markets?
I have no idea of what 6-handle means?
I am a government worker, aka, I bust my ass to do the things that require me to get my job done and anything my supervisor asks me to take care of; make databases, write code, etc.
After that I go back to chill mode until the next brushfire rolls in.
Please clarify; for me and any other people who may have an interest?
What is a 6-Handle,
What are the details of all spec.'s associated with this "6-" ?
How does that affect the markets?
Does this have any specific bearing on TSP Funds or accounts?
D

Hi Danny -

A "6-handle" is just referring to the first digit of the S&P 500, in this case, when it dropped from 700 to 699. It went from a 7 handle to a 6 handle.

Traders will do the same for anything... If Apple is trading at $92 for example, a trader might say, "I'll be a buyer if we see an 8-handle on Apple." (meaning it moves down into the 80's).

Hope that helps.

 

[nnuut]

Armed with that knowledge decided it's time to bring the whole Board in on the game. The more others WIN - the more the BEAR loses and I'm out to distroy the BEAR. I may be in JAIL - but that won't in anyway keep me from letting others in on a good thing.

Sorry Guys I'm just dissapointed in my performance, just can't seem to figure out this CRAZY Market and it's getting to me. The Market just isn't reacting the way it normally does and it's frustrating. Guess we all have felt that feeling?:suspicious: It's OK I'm just NNUUTS!!:laugh: