Cactus' Account Talk

[Cactus]

That's what I like to hear: The secret to a happier, healthier life: Just retire - MarketWatch

 

[Cactus]

FedSmith.com Users Strongly Oppose Adding Mutual Funds to TSP : FedSmith.com

 

[FogSailing]

Thanks Cactus. Sorry I missed that survey. I would have liked to make the case for more IFT's and more time to make an IFT decision. Oh well. But I rarely read FedSmith since I retired.

FS

 

[Cactus]

Ouch, if your still in this is starting to hurt. Anyone for catching a falling knife?

Why's it tanking today? VW again? Fed not raising interest rates? Just a continuation of the correction?

 

[PessOptimist]

Not to worry FS, it would't have made any difference. I really only want one thing-the ability to make an IFT at the end of the market day that will be effective that day.

Cactus. I am still in and it hurts. My goal is to get to 0% and go to G fund forever.

PO

 

[Cactus]

So is this what spooked the market today: Fed officials remain divided over timing of rate hike :suspicious:

 

[Tsunami]

So is this what spooked the market today: Fed officials remain divided over timing of rate hike :suspicious:

Nah, it was the man on the moon. He looked at his calendar and said, "ah, it's October 13th, time to send some fearful thoughts their way!"....

This could be the 3rd month in a row that Danny gets it right with his LT wave chart... we'll know in a few days... and an important low on 10/29 would be next I guess, though we can't see what November has in store yet...
https://lunatictrader.wordpress.com/2015/10/05/lt-wave-for-october-2/

 

[Cactus]

Hmmm, it looks like the C Fund (SPX) is encountering some resistance at the 200 DMA from underneath.

 

[Cactus]

Well that was short lived. It looks like the Grinch is back.

 

[DreamboatAnnie]

Well that was short lived. It looks like the Grinch is back.

The Grinch keeps loosing his footing on all that OIL!!! ;swear

 

[Cactus]

For those who haven't seen it yet, tsp.gov is hosting a survey when you exit your account there. Here is an opportunity to tell them what you think.

They ask three questions: 1) Did you find what you were looking for (yes/no)? 2) How can we improve your online experience? 3) Where are you logging in from (home/office/other)?

 

[Whipsaw]

For those who haven't seen it yet, tsp.gov is hosting a survey when you exit your account there. Here is an opportunity to tell them what you think.

They ask three questions: 1) Did you find what you were looking for (yes/no)? 2) How can we improve your online experience? 3) Where are you logging in from (home/office/other)?

I posted this as well! Our standard answer should be more IFTs to improve our online experience! Anyone? Who's game? :nuts:

 

[nnuut]

We would have to fire the entire TSP Administration and replace our current Emperor with a Conservative REAL President in order to even try that one.

 

[markmars]

We would have to fire the entire TSP Administration and replace our current Emperor with a Conservative REAL President in order to even try that one.

I concur with replace our current Emperor with a Conservative REAL President.

 

[burrocrat]

also tell them that we should have an ift trading deadline near market close time, not 4 hours prior and have to guess what the close will be. i can't think of a single modern transaction that requires you to pay up front then tells you how much your purchase cost and what you got 4 hours later, except maybe at the street bazaar in bangledesh. we are talking potentially 100's of thousands of dollars on a single transaction for a single member, multiplied by how many members? who does what with the 'float' in the 4 hour meanwhile? remember when you used to could write a check on friday afternoon and not have it hit your bank until Monday? and you got to use the goods for 'free' over the weekend before you actually 'paid' for it from your account? that is what the tsp board/blackrock is doing with millions and millions of dollars of our money every day. if you give me that kind of 4 hour headstart with that much money i would be filthy stinkin rich.

 

[Cactus]

If, you are getting out, or have already gotten out, when do you get back in? That is an important decision as well, as this article points out.

Went to cash? Here's the next mistake you'll make - Yahoo Finance

Sounds to me like FWM's strategy of staying in most of the time but avoiding periods of decline for a spell could pay off simply by buying in at lower price points routinely. You may still be negative in years like this one, but not as negative as the market. That assumes of course that you can pull this off.

 

[FogSailing]

Hi Cactus: I logged into TSP and took the survey last week. I said we need more IFT's, a later time in the day 3-4pm to make IFTs, and allow us have Stops in our trades. I know. I know...I told them too much...

I wish everyone on the site would let them know their concerns...as well as NARFE or the NTEU (?)....Wish we had someone that knows the unions to lead that charge.....hmmmm, what long time TSPer could that be?

BTW Cactus: I generally don't follow conspiracy theories but I saw this You Tube video posted and found it fascinating and quite frankly frightening. Probably just BS but it makes the X-Files seem a lot more real..

https://www.youtube.com/watch?v=j61dWtJrsgY

FS

 

[markmars]

As the article points out you can pull out and miss the bounce back up. No one can predict constantly what the market will do.
I buy and hold and keep buying.

"Be fearful when others are greedy. Be greedy when others are fearful."

Warren Buffett

If, you are getting out, or have already gotten out, when do you get back in? That is an important decision as well, as this article points out.

Went to cash? Here's the next mistake you'll make - Yahoo Finance

Sounds to me like FWM's strategy of staying in most of the time but avoiding periods of decline for a spell could pay off simply by buying in at lower price points routinely. You may still be negative in years like this one, but not as negative as the market. That assumes of course that you can pull this off.

 

[Cactus]

For those still wondering about my contrarian indicator, CRAP (Cactus' Reverse And Profit), here are the current and historical returns:

[TABLE="width: 300"]
[TR]
[TD][/TD]
[TD]Cactus
[/TD]
[TD]CRAP
[/TD]
[/TR]
[TR]
[TD]2014
[/TD]
[TD](7.39%)
[/TD]
[TD]24.76%
[/TD]
[/TR]
[TR]
[TD]2015
[/TD]
[TD]8.71%
[/TD]
[TD](5.87%)
[/TD]
[/TR]
[TR]
[TD]2016 Feb 12
[/TD]
[TD](10.78%)
[/TD]
[TD]1.05%
[/TD]
[/TR]
[/TABLE]

 

[jonfresno]

Alternate between the two - This year CRAP, next year Cactus, year after that CRAP, etc......

For those still wondering about my contrarian indicator, CRAP (Cactus' Reverse And Profit), here are the current and historical returns:

[TABLE="width: 300"]
[TR]
[TD][/TD]
[TD]Cactus[/TD]
[TD]CRAP[/TD]
[/TR]
[TR]
[TD]2014[/TD]
[TD](7.39%)[/TD]
[TD]24.76%[/TD]
[/TR]
[TR]
[TD]2015[/TD]
[TD]8.71%[/TD]
[TD](5.87%)[/TD]
[/TR]
[TR]
[TD]2016 Feb 12[/TD]
[TD](10.78%)[/TD]
[TD]1.05%[/TD]
[/TR]
[/TABLE]