Blindman's Account Talk

[Blindman]

Well that hurt a bit today! (Ouch!!) I made a mistake the first of December Taking one of my IFT's that I shouldn't of and took profit after the rally I was wanting around Thanksgiving before the end of November. Hated to do it and use up one of my IFTs for December, but didn't want to get greedy!! (TomTom's advice) Well been on the sidelines watching the bull train pass me by the last week or so, but told myself to wait for a pull back before Santa came to town....got a little ahead of myself this week and burned my 2nd IFT on the little tuesday pull back. Well, I think I just found the pull back I was waiting for !!!! Oh how I needed a few more IFT's this month!! Currently 40C, 40S, 10 I, 10 G.....
Anyone think we could ask Santa for "Roll Over IFT's", kind of like AT&T Cellular!!! :laugh:

Blindman out!

 

[coolhand]

Re: Blindman

Anyone think we could ask Santa for "Roll Over IFT's", kind of like AT&T Cellular!!! :laugh:

Blindman out!

We could try. But he's up against some real heavy duty grinches. :laugh:

 

[Blindman]

Re: Blindman

Thats what it sounds like.
So Coolhand, did the SS put in a sell signal today? I have been watching your system as well and enjoy your posts.
I also have to ask everyone this question. Not a real smart man here but I tend to use logic way to much, which works for everyday life, but not so much in the markets. My subject is the "I fund"
We hear and talk alot about pull backs in the market, but with the way this administration is throwing around money, like we have it, I just see this fund being strong for a long period. I cannot see how the dollar will ever get any better in the short term. Here I say that and I am only 10% in it. I just heard this morning on talk radio that Ms. hilliary briefed the Copenhagon summit that the US will donate money to the countries that cannot afford to fund their own Green Movement. Holy cow woman..."We're broke!!! How about they help us....I'm telling you makes me laugh everytime any of them come on the TV. But one last thing before I get off my soap Box,,,,,Anybody here of one of my Senators?? Tom Coburn. This guy made the senate read the 700 page amendment to the Obamacare bill yesterday and I believe they took it back. I'm sure he has his washington ties as well, but this guy has impressed me over and over. So far his voting record has been for family values and against pork barrel politics!!! At least that is what I have seen. I think we need plenty more just like him. Whooo I better stop with all the mummbling......
Well, I'm like everyone else...Come Santa Claus Rally!!!!!

Blindman out!

 

[coolhand]

Re: Blindman

Thats what it sounds like.
So Coolhand, did the SS put in a sell signal today? I have been watching your system as well and enjoy your posts.
I also have to ask everyone this question. Not a real smart man here but I tend to use logic way to much, which works for everyday life, but not so much in the markets. My subject is the "I fund"
We hear and talk alot about pull backs in the market, but with the way this administration is throwing around money, like we have it, I just see this fund being strong for a long period. I cannot see how the dollar will ever get any better in the short term. Here I say that and I am only 10% in it. I just heard this morning on talk radio that Ms. hilliary briefed the Copenhagon summit that the US will donate money to the countries that cannot afford to fund their own Green Movement. Holy cow woman..."We're broke!!! How about they help us....I'm telling you makes me laugh everytime any of them come on the TV. But one last thing before I get off my soap Box,,,,,Anybody here of one of my Senators?? Tom Coburn. This guy made the senate read the 700 page amendment to the Obamacare bill yesterday and I believe they took it back. I'm sure he has his washington ties as well, but this guy has impressed me over and over. So far his voting record has been for family values and against pork barrel politics!!! At least that is what I have seen. I think we need plenty more just like him. Whooo I better stop with all the mummbling......
Well, I'm like everyone else...Come Santa Claus Rally!!!!!

Blindman out!

The Seven Sentinels went to a sell yesterday. As for the dollar, it's bigger than our domestic problems. Currency is a global trade. There are sovereign countries (Greece, Ireland, to start) that are in danger of default. These kinds of events or expectations will have an impact on the dollar. I personally see no clear path for where it's headed other than higher at the moment.

 

[nnuut]

Blindman, about inserting your avatar:
1. Go to User CP, top left of the screen
2. Click on Edit Avatar
3. This Screen opens
View attachment 7812
4. click Use Custom Avatar
5. Brouse your computer and select your Avatar
Note: The maximum size of your custom image is 80 by 80 pixels or 19.5 KB (whichever is smaller).
6. Save changes and you should be set!!
Have a good one, I will!!:laugh:

 

[Blindman]

Nutt - Thanks for the info!. I think I have one! This probably represents me best. As I always tell one of my fellow TSP'ers here at work, "Do exactly the opposite" and it will be the correct trade..:laugh:..Its been a joke between us the past couple of years.....Well hopefully the light is coming on.... As always everyone - Enjoy all the posts!
Currently 40C,40S,10I,10G - awaiting Friday's JR

Blindman out!

 

[Blindman]

Oh my, I have 10 posts!! I'm not a Newbie anymore!!! I like Rookie much better!!! Sorry, just saw that and had to post to make it 11!! :nuts:

Blindman out

 

[grandma]

Oh my, I have 10 posts!! I'm not a Newbie anymore!!! I like Rookie much better!!! Sorry, just saw that and had to post to make it 11!! :nuts:

Blindman out

way to go, Blindman! Nice avatar - do I gather that is how you choose your funds?

 

[Blindman]

It sure seems like it sometimes!! Have you ever heard the term "Know just enough to get yourself in trouble"... Thats what it seems like alot of times. Once you think you have it figured out, Wall Street calls your bluff!!! But as "Birchtree" says that is what makes it Wall Street......
GL today everyone!

Blindman out

 

[Blindman]

The market keeps making this man nervous. Market has been up 11 of the last 13 days. It just seems like a pull back is in the works. This market just cannot keep going in one direction, but maybe it can. (Top earners on the tracker are still 100% invested)
Anyone have any comments on oil prices?? These prices keep going up, with a country facing over 10% unemployeement rate cannot be good. I'm just thinking back at $140 a barrel oil and how the market reacted to its run up.....as oil went up, markets reacted by heading down..
My brother owns a oil related service business and he has been contacted by customers saying he better get ready, that its getting ready to take off by the end of the month......(just thinking outloud and how this may affect the market)..:worried:..
Currently as of tomorrow morning.......75G, 25F

Blindman Out!

 

[Show-me]

The run has been strong and the taxpayer intervention expensive. At some point the chickens come home.

 

[Blindman]

As far as the overall long term market trend I do feel we're heading higher, just thought I would step back and take a breather. You can't help but think that when reading Birchtree's account talk....we're heading for the moon...I like that!!! But This chicken is going to sit on his egg for a bit......hopefully it won't be for more than a few days...but we will have to see....... So far this morning it looks like I should have stayed......premarket trading up.......we shall see.... GL everyone!!!

Blindman out.

 

[Birchtree]

I'm continuing to follow my strategy of pyramiding up my long exposure as profits increase. The current rally is one of the strongest the Dow has ever experienced in such a short time - that is saying something I'm sure. Snort.

 

[Blindman]

I'm continuing to follow my strategy of pyramiding up my long exposure as profits increase. The current rally is one of the strongest the Dow has ever experienced in such a short time - that is saying something I'm sure. Snort.

I hit another mile stone today everyone!! The famous Birchtree hit my blog...Hee..Hee.. :nuts: Thanks Birch!! I have more to learn thats for sure.....One thing I need to figure out is how to figure out when all of these Fed and Earnings reports hit the airwaves. Looking at CNNMoney, I may regret my sideline approach after earnings report form a few of these companys. I didn't have a clue these were coming..
Keep on Snort'n Birch....you make it interesting........:laugh:..Enjoy all your insight......

http://money.cnn.com/2010/01/11/markets/markets_newyork/index.htm

Blindman Out!

 

[Blindman]

Wow, Can I take a breath now!!! Boy these 11:00 deadlines are a killer on us!!! I have to agree with Poolman and CH. Thanks for your inside fellows! I'm going to have to see what the next few days are going to bring. These wild swing days are to hard to figure out, at least for me they are. Very tempting none the less, but also can but a dent in the ole TSP account.:blink:

Goodluck everyone!
Currently 75G, 25F (and holding)

Blindman out!

 

[Birchtree]

I would almost think that time has come today....take the shot and let'er rip.

 

[Blindman]

Well, its been a while since I posted (been lurking), so I thought I would drop a line. I had been playing cautious this month only being in stocks 50% (S) and 25% (G) and 25% (F) - well turned out I made a few bucks, but I bailed on Friday to the Garage (100%) I was thinking I had 1 more IFT before the end of the month, well I guess I cannot even count to 2!!! Now I am stuck in the Garage until April. Oh well, win some lose some. Good Luck to everyone in the market this last week of April!

For all you RUNNERS out there. Ran my first Half Marathon this past Sunday!:laugh: It was a great experience, but definitely could have used some more training. Died toward the end, but at least hit my goal of under 2 hrs. (1:57). If anyone is around the OKC area in the month of April and you like to run, Awesome event to be apart of!! Has grown from just 4000 runners in 2001 to over 22,000 this year. Great tribute to the lives lost in the OKC Bombing.

Well, Good Luck to everyone on the MB!!!

Blindman Out!

 

[sdouglas3]

Well, its been a while since I posted (been lurking), so I thought I would drop a line. I had been playing cautious this month only being in stocks 50% (S) and 25% (G) and 25% (F) - well turned out I made a few bucks, but I bailed on Friday to the Garage (100%) I was thinking I had 1 more IFT before the end of the month, well I guess I cannot even count to 2!!! Now I am stuck in the Garage until April. Oh well, win some lose some. Good Luck to everyone in the market this last week of April!

For all you RUNNERS out there. Ran my first Half Marathon this past Sunday!:laugh: It was a great experience, but definitely could have used some more training. Died toward the end, but at least hit my goal of under 2 hrs. (1:57). If anyone is around the OKC area in the month of April and you like to run, Awesome event to be apart of!! Has grown from just 4000 runners in 2001 to over 22,000 this year. Great tribute to the lives lost in the OKC Bombing.

Well, Good Luck to everyone on the MB!!!

Blindman Out!

Congrats to you on your run. Nice running time for sure. I watched on TV yesterday morning. Channel 4 does a pretty good job of hosting it.

Steve

 

[Blindman]

Thanks Steve!
Can you loan me a IFT?? :laugh:
My strategy for this week was to take my small gains made the past 2 weeks, park in the (G)arage for a few days, looking for that dip Tom has been talking about and being back in stocks before the end of the month.(Pointers taken in from my MB Friends) I'm telling you, once things role my way, I still can screw it up!!! I'm going to get there one day my MB freinds,,,,I'm a slow learner.

I don't think this upward movement is over though looking at what the market has overcome the past few weeks, but I'm still playing with caution. My basic strategy is not to get to greedy, take a gain when I have it.(But thats just me)......and what I have learned with personal experience....1-2% here and there will add up....Hopefully!
GL Everyone!

Blindman Out!

 

[Blindman]

Well, now where do we go from here? Wish we had a crystal ball!:cheesy: But one thing lurking in my head is "Oil Slick in the Gulf" ?? They are saying it will hit land today and now even hitting the florida coasts (I even heard soemthing about N Carolina). Now I know we are suppose to pay attention to the technicals of this market, but I am still a huge believer in the "Sell the news" moves and I still cannot believe oil has not been heading up faster than it has. We all know its going to creep up on us the closer to summer we get, but when will the Crazy News Stations start blowing this oil slick out of probortion (Don't get me wrong I know this is not good), but as soon as this happens, The speculators on the Future boards will start running these oil prices up, and with our current state of economy that we all have been talking about, can this market move forward from here???...... The million dollar question, I know, but I keep having flash backs of the run up of the $140 barrell and how the markets reacted.....oil up....market down... and that went on for months as we all know... NUTT - you have any comments on that or anyone else,,, or am I way out in left field with my thinking..
I'll be keeping an eye on that 50 EMA Today!!

GL to everyone today!:nuts:

Blindman