BigJohn's Account Talk

[BigJohn]

If at 8:45 the S fund is above .75% for the day, I am heading to G land. This breaks to a small degree from my normal strategy of waiting for a +1% pre-deadlilne start of the day, but I am feeling a need for more caution. As usual, I have no particular theory at to why...just watching the share prices and picking my spots.

 

[BigJohn]

If at 8:45 the S fund is above .75% for the day, I am heading to G land. This breaks to a small degree from my normal strategy of waiting for a +1% pre-deadlilne start of the day, but I am feeling a need for more caution. As usual, I have no particular theory at to why...just watching the share prices and picking my spots.

Moved to the G...will wait it out for a bit.

 

[JTH]

Congrats Big John, your previous ill-timed IFT was a tough pill to swallow, but your and patience has rewarded you with yet another YTD high, as usual you set a fine example for the forum

 

[BigJohn]

Congrats Big John, your previous ill-timed IFT was a tough pill to swallow, but your and patience has rewarded you with yet another YTD high, as usual you set a fine example for the forum

Thanks JTH...it is nice to have the flexibility of being back in the game.

Great work over the last few months...

 

[BigJohn]

Karma? I wasn't able to log on this morning and missed any opportunity to make a move. Normally I would have gone all in on such a down early start; I am anxious to see if not being able to move in was a blessing. Maybe a make up for my much complained about tsp.gov server access in May ??

 

[JTH]

Big John, I'll see you at slot #3 very soon. Staying out of the way IMHO is the better choice.

 

[jpcavin]

Karma? I wasn't able to log on this morning and missed any opportunity to make a move. Normally I would have gone all in on such a down early start; I am anxious to see if not being able to move in was a blessing. Maybe a make up for my much complained about tsp.gov server access in May ??

Glad you couldn't jump in today. I was hoping for another down day first.

 

[BigJohn]

If at 8:45 tomorrow the S fund is down more than .5 %, I am going all in.

 

[jpcavin]

If at 8:45 tomorrow the S fund is down more than .5 %, I am going all in.

LOL. Good one! You go first.

 

[Birchtree]

We may rebound faster than we came down not giving any free rides here.

 

[FAB1]

Wow going to see seismic changes on the tracker tonight. Kaboom!!

 

[FAB1]

Big John, I'll see you at slot #3 very soon. Staying out of the way IMHO is the better choice.

Yeah you will number 3 tonite now will you stick on 3rd base charlie brown or try to steal home. I don't have to ask jp she is big johns shadow....; p

 

[BigJohn]

We may rebound faster than we came down not giving any free rides here.

How about this for a thought to chew on: I don't think today's close will be the highest high over the next couple of weeks. That is why I will go in tomorrow if the market starts out lower...

 

[JTH]

How about this for a thought to chew on: I don't think today's close will be the highest high over the next couple of weeks. That is why I will go in tomorrow if the market starts out lower...

I'm a little bit confused can you dumb it down? Did you mean you don't expect higher prices yet your going in?

 

[BigJohn]

I'm a little bit confused can you dumb it down? Did you mean you don't expect higher prices yet your going in?

I think I confused myself...what I was trying to say was whatever the S fund closes at today, that the fund will bounce off of that at some point in the next couple of weeks. Hence, todays close will not be the high two weeks from now. Now, did I muck it up even more?

 

[FAB1]

I'm a little bit confused can you dumb it down? Did you mean you don't expect higher prices yet your going in?

Guess were talking about the Dow? Looks like BJ feels there's room to go further up before the months end. Let it be!

 

[jpcavin]

And ALL of you just managed to confuse me!

 

[jpcavin]

Yeah you will number 3 tonite now will you stick on 3rd base charlie brown or try to steal home. I don't have to ask jp she is big johns shadow....; p

FYI
I bailed before BJ did. :toung:

 

[JTH]

I think I confused myself...what I was trying to say was whatever the S fund closes at today, that the fund will bounce off of that at some point in the next couple of weeks. Hence, todays close will not be the high two weeks from now. Now, did I muck it up even more?

Let's just hope the bounce is from the top and not the bottom...

 

[BigJohn]

My guess for the day is a lot of sideways action with the funds eeking out a minor gain for the day. I do think the Debt Ceiling/4 million dollar budget battle has already been factored in and don't expect much of a bounce when it finally gets resolved. I may hedge on my earlier plan of waiting for the first negative .5% open to get back in...

Best of Luck to all.