BigJohn's Account Talk

[BigJohn]

Moved 100% G...heading for the hills.

 

[Fireant]

Nicely done... smooth move there... DA FIREANT

 

[FAB1]

Good move BJ.

Now - check this...

Anyone who would have bought 100% I on 3/17 would have pocketed
9.17% as of yesterdays close. If it ends up nicely today add on another +1% for a possible 11% !!!

If I could have bought it myself, and with the +5% I had at the time have an easy 16% by tomorrow, bail and sit out for a long time... (note COULD). :notrust:- I didnt have an available IFT on 3/17

Now if I was to get in I fund now, I would probably lose my shorts. :suspicious:

 

[FAB1]

There are only 17 in the I fund 100% right now - out of 700.

jp - you will probably get your wish and pass me now.

 

[jpcavin]

There are only 17 in the I fund 100% right now - out of 700.

jp - you will probably get your wish and pass me now.

I'm 50S/50I. Not likely to pass you up just yet. Unless of course, "I" goes through the roof. I lost .41% yesterday. Gotta make that up and then some....

 

[JTH]

From a MTD perspective that is the best move I've seen this month, and in the top 10 moves YTD. Very well played, I'm so happy for you I could push you down a flight of stairs...

 

[jpcavin]

Just awesome!

 

[Birchtree]

With the best of April yet to start I'll have his lunch before the month completes. All I really need is several more good hammer days for the S fund.

 

[BigJohn]

With the best of April yet to start I'll have his lunch before the month completes. All I really need is several more good hammer days for the S fund.

BT,

My lunch today will include buffalo wings and a chef salad...Atkins Diet sucks; you can have it.

 

[BigJohn]

Having no IFT's left sucks. I am not complaining about my month, just that there is no real motivation to keep track of what is going on with the markets or on this site. I hate being in time out...always have.

 

[jpcavin]

BT,

My lunch today will include buffalo wings and a chef salad...Atkins Diet sucks; you can have it.

So what would you do with another IFT?

 

[BigJohn]

Wait for an early morning BIG UGLY...and get back in and ride it out.

 

[jpcavin]

Wait for an early morning BIG UGLY...and get back in and ride it out.

I was watching this morning with the intention to get a few more S shares, ditch it tomorrow, or next day and then jump back in to "I" Then I remember Birch saying "What if "S" continues to go down?" or words to that effect. So I just stayed put.
This market timing thing reminds me of the "Hokey Pokey"...You put your right foot in, you put your right foot out..

 

[BigJohn]

I'm just pitiful...I called in to TSP and did the whole "someone told me that I can only interfund transfer twice a month...can you check, cause I really want to move into stocks today..." Of course I was told I am stuck in the G for the rest of the month.

Easy to say from the sidelines, but had I the move...I would be all in the I and not looking back.

Buyer beware...

 

[jpcavin]

I'm just pitiful...I called in to TSP and did the whole "someone told me that I can only interfund transfer twice a month...can you check, cause I really want to move into stocks today..." Of course I was told I am stuck in the G for the rest of the month.

Easy to say from the sidelines, but had I the move...I would be all in the I and not looking back.

Buyer beware...

I've been looking at all this the wrong way. Giving all my attention to the market and not paying any attention to share prices. I bought my "S" shares at 21.89. I should have sold it last week when it was over $23 a share. I realized this before the deadline today.

 

[BigJohn]

Then pull a Birch and sit tight until it gets back above $23, which I think it will. What you missed out on was a short term play. Several weeks ago I moved into the I right before the earthquake/Tsunami/Nuclear issue...I had anticipated making 1% in a matter of days, but it ended up being a couple of weeks. No loss is a loss until you lock it in...

 

[jpcavin]

Then pull a Birch and sit tight until it gets back above $23, which I think it will. What you missed out on was a short term play. Several weeks ago I moved into the I right before the earthquake/Tsunami/Nuclear issue...I had anticipated making 1% in a matter of days, but it ended up being a couple of weeks. No loss is a loss until you lock it in...

I need more IFT's. That is the only thing that would make me totally happy right now. Well, that and my own private island.:laugh:

 

[LoDown]

Yea, dont worry about it JP. I missed that buy-in at ~21 last month, but I'm trying to make it up this month.

 

[jpcavin]

Yea, dont worry about it JP. I missed that buy-in at ~21 last month, but I'm trying to make it up this month.

Just need the ''I" and "S" to alternate values. Hard to do anything when both move in the same direction.

I feel your pain John. It really sucked last time I was sitting in G.

 

[BigJohn]

Congrats to those who went all in today, this may not be the best entry point we will see over the next week...but it is a darn good place to be. My coffee grounds tell me that we are going to move generally sideways over the next several days...if anything at all, a slight move down. Those on the sidelines may get good entry points later in the week...but I am still smarting from having been stuck on the sidelines on a day like today.

Best of Luck

BigJohn