ballnoutacontrol account talk

[Bullitt]

The big money is in the big moves. Playing the daily in/out game is a quick way to burnout.

 

[Birchtree]

Next Tuesday should prove very interesting - will there be more volume or not. I can hardly contain myself.

 

[ballnoutacontrol]

thanks for the input guys.

Still new and learning the best way to get to the desired result.

 

[ballnoutacontrol]

Hey guys, still here been watchin and reading. Alot of my trading goes on sentiment, mainly mine own.

I was one of those guys who never really paid too much attention to my tsp. I just didn't know anything and figured I would always leave it in the G fund. The main reason I got involved was because of National Public Radio. I would listen to it on my way too work for 30 minutes in the morning and 30 minutes in the evening. So I was partially tuned into what the economy was doing. I remember all the talk of banks, credit markets, bernie madoff and the stock markets. After hearing about the markets loosing more and more points I thought there is probably going to be a buying opportunity coming up that would have a good chance of not loosing me money.

I did some research, found this website read up on stuff scoured the actual TSP sight and then made my move at the end of May 09 after seeing some consistent uptranding. From then till now I have bounced around between the funds and have gotten up to 30% on my PIP. Alot of that was just getting in at a low and once you see some gains you tend to stay. At first I thought "just don't loose any money" and that is still something I am going with. Right now, I am in C 100% in my real account and am entering into the tracker with 100% I. Figured I would take the long shot and see if I can catch a possible dollar decline. At the 1st of the year my tracker will reflect my actual account.

Don't really know what the market will do. I like to think birch is right, but my gut says there is still a bunch of problems out there that need to be resolved and that the funds are overvalued and have moved ahead of the economy. That being said we are still holding pretty well.

Alright well that's about it for now, I will keep watchin and

 

[Birchtree]

See if this will help.
"Despite the incredible 60% rally and chatter of a new secular bull market many investors remain highly skeptical of the equity markets. Russell continues to believe we are in a secular bear market and currently believes we could be in a topping process preceding a 'vicious' downturn."

http://pragcap.com/richard-russell-expects-the-next-downturn-to-be-vivious

 

[grandma]

See if this will help.

http://pragcap.com/richard-russell-expects-the-next-downturn-to-be-vivious

Not there, Birch -