ATCJeff's Account Talk

[ATCJeff]

Back to 100% G for me. Staying with the plan. 1-2% will have to do. Now I just need the market to make a steady climb all day long. Maybe even get a +FV.

 

[ATCJeff]

Still sitting in the G. Waiting for September and 1225 on the S&P.

 

[ATCJeff]

My 1225 entry point is just around the corner. However, after today's action I may have to adjust my plan and only jump in with one foot. Tom's comments this morning http://www.tsptalk.com/comments.html spoke of a possible plan.

If one does decide to jump in at the 1200 area, he/she must be ready to exit at no more than a 2% loss. That exit point would be around 1175. The upside potential would be around 1300 or about 8.5% gain.

I have about 15 hours to decide.

 

[ATCJeff]

BTW, the F fund is kicking a$$. Today's price will be a all time high.

 

[Gumby]

BTW, the F fund is kicking a$$. Today's price will be a all time high.

Look at that yield drop. G fund will make a penny less frequently!

 

[ATCJeff]

Ike may keep me from jumping back into the market if we hit 1225 in the morning.

 

[Aviator_Guy]

I agree with ATC... IKE is the one you need to keep an eye on... It's not looking good...

 

[ATCJeff]

Here we go!

Ike should slow down and give me a few extra days. With that I'm going all in. These prices are too good to pass.

50% C 50% S

 

[DoughBoy]

Jeff,
I saw this and thought of you and CP. Good job you two, and all the rest that played this week well!
View attachment 4649

 

[ATCJeff]

Thanks Danny.

 

[ATCJeff]

BTW, get your IFT done way before the deadline. Tomorrow the TSP website may get overloaded!!!!!!!

 

[ATCJeff]

S&P futures still sitting @ 1211.

 

[ATCJeff]

AIG Downgraded!

http://money.cnn.com/2008/09/15/news/companies/AIG/?postversion=2008091519

 

[ATCJeff]

Futures are looking ugly.

http://finance.yahoo.com/indices?e=futures

 

[ATCJeff]

Wachovia (WB) is also in line for pain. They're right behind AIG and WM.

http://www.reuters.com/article/bondsNews/idUSN1531958920080915

 

[ATCJeff]

Goldman Sacks (GS) is taking a hit in premarket trading. Down 9.23% as of 8:57am.

http://finance.google.com/finance?q=NYSE:GS


Edit @ 9:11am

Now down 15%

 

[ATCJeff]

Wachovia (WB) is also in line for pain. They're right behind AIG and WM.

http://www.reuters.com/article/bondsNews/idUSN1531958920080915

WB down 11.58% in premarket trading.

http://finance.google.com/finance?q=NYSE:WB

 

[ATCJeff]

WM down 12% in premarket trading.

http://finance.google.com/finance?q=NYSE:WM
http://www.rttnews.com/ArticleView.aspx?Id=711662&SMap=1

 

[ATCJeff]

Futures...

S&P -23
NASDAQ -23.5
DOW -150

 

[fabijo]

damn. I just opened a Wachovia account. My other two choices are Commerce Bank and Bank of America. Where to go?