BigJohn's Account Talk

[BigJohn]

Moving back into the I-fund, "playing a little with the casino's money" as my dad used to say.

I couldn't boot up the site for several minutes this morning, looks like things are ironing out.

Best of Luck to ALL...

BigJohn

 

[BigJohn]

Made a timely move to the G fund on 2/18, felt like there was enough political upheaval (looming federal budget battle and geo-political intrigue) to warrant a jump to the lily pad. I plan on staying out of stocks until things truly settle down: i.e. the budget battle resolves itself and the Egypt/Libya/Bahrain/Saudi situation, including its impact on oil cools.

I don't think this is necessarily the second dip, in the double dip camp...I think it is a temporary setback and the trend longterm is still up.

Just my thoughts.

 

[Guest2]

Made a timely move to the G fund on 2/18, felt like there was enough political upheaval (looming federal budget battle and geo-political intrigue) to warrant a jump to the lily pad. I plan on staying out of stocks until things truly settle down: i.e. the budget battle resolves itself and the Egypt/Libya/Bahrain/Saudi situation, including its impact on oil cools.

I don't think this is necessarily the second dip, in the double dip camp...I think it is a temporary setback and the trend longterm is still up.

Just my thoughts.

I agree with you whole heartedly ! It's always good to keep what you've
gained, then capitalize on any dip (Politically driven or not). Well Done !

 

[FAB1]

Made a timely move to the G fund on 2/18, felt like there was enough political upheaval (looming federal budget battle and geo-political intrigue) to warrant a jump to the lily pad. I plan on staying out of stocks until things truly settle down: i.e. the budget battle resolves itself and the Egypt/Libya/Bahrain/Saudi situation, including its impact on oil cools.

I don't think this is necessarily the second dip, in the double dip camp...I think it is a temporary setback and the trend longterm is still up.

Just my thoughts.

Good Call...but
Did Birch extend his gratitude followed by a bawk, bawk, bawk?
Of course he IS a bit under you on the tracker, hmmm.

 

[BigJohn]

No random poultry sounds as of yet...will keep you posted.

 

[Sign_Stealer]

Nice going, BigJohn. Congrats on moving into the top spot. You've earned it.

 

[BigJohn]

Thanks! It's all about the coffee mugs...:nuts:

 

[BigJohn]

An interesting article, makes sitting on the lily pad (at least for now) more tolerable.

http://www.cnbc.com/id/41743484

 

[BigJohn]

I don't like what I am seeing in my tea-leaves (Starbuck grounds??). My earlier thought that the overall trend is still up, with a possibility of short term loses, is now not sitting so well with me.

I am out, and I am going to stay out longer than I initially thought. As someone said on the board, it is just as important to side step a big loss than it is to miss out on a big gain.

I will comfortably accept the harassment for sitting on the lily pad.

I hope I am wrong, best of luck to all.

BigJohn

 

[JTH]

I have to remind myself many folks including me called for a 1400 SPX top this year. The closer to the edge we get, the more folks will bail for fear absorbing a pullback. Oil could kill everything, but if it doesn't and we chop through this trading range, some good money can be made here.

Of course, you're already at the top so you sitting this out is sort of a no-brainer to me.

 

[JHauer]

I've got 25% of tsp in each of the C, S, and I and am wondering whether to move 10% of each to the G or F fund today or tomorrow.

My TSP did 17% last year because I left and re-entered the year prior at the right time.

Advice please.

JJ

 

[tsptalk]

I don't like what I am seeing in my tea-leaves (Starbuck grounds??). My earlier thought that the overall trend is still up, with a possibility of short term loses, is now not sitting so well with me.

I am out, and I am going to stay out longer than I initially thought. As someone said on the board, it is just as important to side step a big loss than it is to miss out on a big gain.

I will comfortably accept the harassment for sitting on the lily pad.

I hope I am wrong, best of luck to all.

BigJohn

When BigJohn talks, we should listen. I think you have as many, or more, AutoTracker prizes as anyone.

 

[FAB1]

I don't like what I am seeing in my tea-leaves (Starbuck grounds??). My earlier thought that the overall trend is still up, with a possibility of short term loses, is now not sitting so well with me.

I am out, and I am going to stay out longer than I initially thought. As someone said on the board, it is just as important to side step a big loss than it is to miss out on a big gain.

I will comfortably accept the harassment for sitting on the lily pad.

I hope I am wrong, best of luck to all.

BigJohn

Lets see, Wed, Thursday, Friday Jobs Report

If I can make good on those three days I will be joining you Big John.

Looks like today is going to be okay after a nice stomach wrenching ride

 

[BigJohn]

I've got 25% of tsp in each of the C, S, and I and am wondering whether to move 10% of each to the G or F fund today or tomorrow.

My TSP did 17% last year because I left and re-entered the year prior at the right time.

Advice please.

JJ

For years I didn't post out of fear of the very question you asked; I have no financial training at all...my moves are based on my general sense of things. Being raised Catholic, I shy away from the guilt I would feel if I held myself out to be more knowledgeable than I am, and thereby lead someone the wrong direction.

I am out because my general sense of things is more negative than positive, nothing more...nothing less.

When BigJohn talks, we should listen. I think you have as many, or more, AutoTracker prizes as anyone.

Blind hogs and acorns...

Lets see, Wed, Thursday, Friday Jobs Report

If I can make good on those three days I will be joining you Big John.

My fingers are crossed for all of us...

Looks like today is going to be okay after a nice stomach wrenching ride

A definite day for dramamine...

I have to remind myself many folks including me called for a 1400 SPX top this year. The closer to the edge we get, the more folks will bail for fear absorbing a pullback. Oil could kill everything, but if it doesn't and we chop through this trading range, some good money can be made here.

Of course, you're already at the top so you sitting this out is sort of a no-brainer to me.

No question having a good return so far this year makes a trip to the lily pad easier; but I think your comment brings up an even more interesting topic. I have often found myself contemplating moves (in and out) based not only on my current return, but due to a competitve desire to end up higher on the board. Competition is a great thing, but hindsight being 20/20, I have noticed the real beat downs I have taken over the years had an element of wanting to be on top of the board.

I think I would have the stones to step out of the market regardless of my returns so far this year...but you are correct, it is much easier to do so with having banked a good return.

BigJohn

 

[BigJohn]

I've had my toes over the end of the diving board since last week; with a big drop this morning I thought I would jump to the I and make a short term stab at some profits.

 

[Birchtree]

Well why not - grab the value of gusto.

 

[BigJohn]

I think tomorrow will be choppy throughout the day and end +/- .25%

If the weekend is uneventful, I think we make up today's drop up by COB Wednesday. Early in the week I will be looking for a good start of the trading day (1+ %) before the trade deadline, then it will be off to the G fund.

Looks like a fairly dramatic shift in the tracker due tonight; best of luck to all.

BigJohn

 

[JTH]

That was monsterious gap down on EFA, with a nice nitro-boost from the dollar. Did you get the entry you wanted and do you feel the same way about the entry you got?

View attachment 10739

 

[BigJohn]

"Did you get the entry you wanted and do you feel the same way about the entry you got?"

(siting in front of monitor...confused, not sure how to respond....)

 

[Birchtree]

He wants to know if you bought the I fund for under $20.50 or lower. You won't know until you see pricing.