bmneveu's Account Talk

[bmneveu]

I think we'll have lower prices sometime early tomorrow that I'll try to sell my TZA at.

 

[MaStA]

I think we'll have lower prices sometime early tomorrow that I'll try to sell my TZA at.

I'm with you man!

 

[bmneveu]

I think we'll have lower prices sometime early tomorrow that I'll try to sell my TZA at.

Well so far I'm wrong, but mornings can whip around pretty good sometimes. I'd like to sell around yesterday's close if we get back to it.

 

[bmneveu]

Well so far I'm wrong, but mornings can whip around pretty good sometimes. I'd like to sell around yesterday's close if we get back to it.

Well the major markets are holding up well but small caps are steadily declining from the opening pop, which works for my TZA.

 

[bmneveu]

Well the major markets are holding up well but small caps are steadily declining from the opening pop, which works for my TZA.

Smalls just fell off a cliff around 2:28pm. Not sure what happened there.

 

[bmneveu]

I think I'll keep my shorts on for at least one more day. If the 9-day back-and-forth pattern continues, tomorrow should be a down day. And with small caps under performing it could be quite profitable to be in TZA. Maybe then I'll snap to it and get on board with the Fed!

 

[MaStA]

Smalls just fell off a cliff around 2:28pm. Not sure what happened there.

Yeah I'm back in the money on my TZA. My DCA now with the share price changing is 37.728. I'm going to set up a stop again to make sure I don't lose it in ten seconds lol. I'm curious to see what J's system does today.

 

[WhoDey]

I've been following J-Trader's blog and appreciate the posts here ... as I'm still trying to figure it out!

Funny how the mind works ... I had some long trades that I closed out this morning for a decent gain, but am itching to go short. Reading these posts I see that those who are currently short are tempted to get out. Hmmmm. Maybe I should not try to time things perfectly and sit in cash until the trend resolves itself.

 

[bmneveu]

I've been following J-Trader's blog and appreciate the posts here ... as I'm still trying to figure it out!

Funny how the mind works ... I had some long trades that I closed out this morning for a decent gain, but am itching to go short. Reading these posts I see that those who are currently short are tempted to get out. Hmmmm. Maybe I should not try to time things perfectly and sit in cash until the trend resolves itself.

I've been short for a month now. Let me tell you this... Don't Fight The Fed!!!

 

[MaStA]

I've been short for a month now. Let me tell you this... Don't Fight The Fed!!!

I'm almost to the month mark as well, but am a bit tempted to get out while I'm in the green. I purchased my first batch of shares on 3/11 and the second batch on 3/14.

 

[WhoDey]

LOL ... I'm figuring out that lesson myself. Don't fight the trend. Don't fight the Fed. Anything else to add to the list?

 

[RealMoneyIssues]

LOL ... I'm figuring out that lesson myself. Don't fight the trend. Don't fight the Fed. Anything else to add to the list?

View Profile: RealMoneyIssues - TSP Talk Forums

 

[MaStA]

So are you going to continue holding your TZA or are you selling it?

 

[bmneveu]

So are you going to continue holding your TZA or are you selling it?

I'm staying at least until after-hours. The afternoon sell-off looked good but there's some buying near the close that worries me. I'll look at the price action after the closing bell.

 

[MaStA]

I'm staying at least until after-hours. The afternoon sell-off looked good but there's some buying near the close that worries me. I'll look at the price action after the closing bell.

Gotcha...I'm just watching my gains dwindle down dollar by dollar. I think I'm going to lock my gain in today...this market has been up, down, up, down...I'm sick of watching it lol.

 

[MaStA]

Locked in my gains and sold at 38.90 in after hours. I didn't make a killing, but I made a little bit. Better than nothing I suppose.

 

[bmneveu]

Locked in my gains and sold at 38.90 in after hours. I didn't make a killing, but I made a little bit. Better than nothing I suppose.

I think it was a smart move. Don't fight the Fed!

 

[MaStA]

It looks like holding onto TZA may have turned out to be a good option. If you're still holding I hope you get back in the green before selling man.

 

[bmneveu]

It looks like holding onto TZA may have turned out to be a good option. If you're still holding I hope you get back in the green before selling man.

Thanks, I'm still holding strong! I'm right at break even right now. Working though and I won't be able to touch it till 3:30pm at the earliest. I'm so tempted to get out at the break even but I'll be kicking myself if the market keeps heading down..

 

[bmneveu]

Sold shorts near the close for a 5% gain to get me back to just over break even. Market will probably tank now. I'm just glad to be out of that position finally. Back to bullish thoughts? Still 50I 50F though so we'll see how that turns out. Hopefully North Korea doesn't destroy my I Fund holdings...