clester's Account Talk

[kave]

FROM LAKEBOUND'S POST BELOW:

"I guess that I am simply trying to determine the clean end of this turd with which to pick it up."

Frank


LIKE!

I guess I don't know what I'm doing anymore! My Like button for a post is gone! I tried to "reply with quote" and I only got "reply"

and lastly, when I pull up a thread I realize that I'm looking at the oldest posts first in a thread and I don't know how to change it.

"I'm a one row tractor in a twelve row tractor world"

A friend of mine whose dad was in his late 80s at the time said, " After a man gets a certain age you ought to just take him out behind the barn and shoot him cause he ain't no longer good for nothing"

Am I there yet? :wall:

 

[nnuut]

FROM LAKEBOUND'S POST BELOW:

"I guess that I am simply trying to determine the clean end of this turd with which to pick it up."

Frank


LIKE!

I guess I don't know what I'm doing anymore! My Like button for a post is gone! I tried to "reply with quote" and I only got "reply"

and lastly, when I pull up a thread I realize that I'm looking at the oldest posts first in a thread and I don't know how to change it.

"I'm a one row tractor in a twelve row tractor world"

A friend of mine whose dad was in his late 80s at the time said, " After a man gets a certain age you ought to just take him out behind the barn and shoot him cause he ain't no longer good for nothing"

Am I there yet? :wall:

I think I am there!

 

[Cactus]

A friend of mine whose dad was in his late 80s at the time said, " After a man gets a certain age you ought to just take him out behind the barn and shoot him cause he ain't no longer good for nothing"

Am I there yet? :wall:

You better watch out. The way congress has been going these last few years that will be our new retirement plan. No one is grandfathered into the old plan because Grandfather is the one who gets it.

 

[FogSailing]

You better watch out. The way congress has been going these last few years that will be our new retirement plan. No one is grandfathered into the old plan because Grandfather is the one who gets it.

Hmmmmm...taking the Congress behind the barn sounds like a good plan...:nuts::nuts:

 

[clester]

I love it when a plan comes together! That a new closing high on S fund I think.

 

[ravensfan]

I love it when a plan comes together! That a new closing high on S fund I think.

Confirmed...new high for 2015...congrats!

 

[Cactus]

I don't like that sell off at the close. I'm expecting profit taking tomorrow and a lower close. :suspicious:

 

[clester]

Coming up on the end of the month and I will not be going to I fund. It has been doing great but it is nearing overbought via RSI. Its at 68 ish and was higher before selling off a little late in the day. A 70 is overbought.

S and C funds still in good shape as far as my system goes. Bull market rules say I buy when we are above the 50 dma. So, looks like I'm staying in S fund for now. I could diversify and go 50% C fund. I still want to get into I fund but will wait for a better entry.

Longer term I think we will get a decent pullback this summer. Maybe July or August? But I will wait for my system to trigger a sell.

 

[clester]

Coming up on the end of the month and I will not be going to I fund. It has been doing great but it is nearing overbought via RSI. Its at 68 ish and was higher before selling off a little late in the day. A 70 is overbought.

S and C funds still in good shape as far as my system goes. Bull market rules say I buy when we are above the 50 dma. So, looks like I'm staying in S fund for now. I could diversify and go 50% C fund. I still want to get into I fund but will wait for a better entry.

Longer term I think we will get a decent pullback this summer. Maybe July or August? But I will wait for my system to trigger a sell.

Last day of the month. Last chance to use an IFT. I fund is now looking the best although it's coming off an overbought RSI and EUR is also overbought. So there is some risk there.

C fund is looking ok and is above its 50 dma but is having trouble getting to a new highs. S fund is at its 50 dma and has tested it the last 2 days. If it breaks it could be a problem.

"May is coming" ( a reference to Game of Thrones)

 

[maui21ice]

I tempted myself by jumping into I for a few days this week, but the May fear factor has me going G-fund for about 2 weeks or so. I just don't feel like timing the I-fund is one of my skills. :/

 

[clester]

I tempted myself by jumping into I for a few days this week, but the May fear factor has me going G-fund for about 2 weeks or so. I just don't feel like timing the I-fund is one of my skills. :/

The I fund is a little scary.

But the RSI has come off quite a bit and is in the neutral zone. But is trending down. I am seriously thinking about a partial move

 

[clester]

The I fund is a little scary.

But the RSI has come off quite a bit and is in the neutral zone. But is trending down. I am seriously thinking about a partial move

Decided on 50% I fund 50% G fund.

The first reason is that this is the end of the month and I would like to be in a neutral position for a bull market which is 50% in stocks. Neutral because S and C funds are looking weak and near or below their 50 dma. The S fund is the leader of the C fund usually and its below the 50 dma although that happens a lot when the 50 is broken and I usually give it a chance to rebound but the end of the month has me moving a little early.

I fund looks the best right now although the EUR is getting weaker it is close to overbought. The EFA chart looks good and is well above it'd 50 dma and the RSI has come off overbought and is now neutral. Because of the unknowns I am only going 50%. Remember I am retired and that makes me conservative. Also, my system has me in stocks at least 50% in a bull market.

 

[clester]

Of course, we will rebound today! I had a feeling but I felt I needed to use my IFT and I wanted to be in I fund. C and S funds need to regain their 50 dma to be back on the buy list. I will be looking to add to I fund probably.

 

[clester]

C fund rebounded nicely and is back above the 50 dma, so its back in buy status. S fund had a weak recovery and is still below its 50 dma Its in warning status. I fund well above its 50 dam, so its a buy too. Got screwed by the fair value thing. I think it was make up for the days before where it was less down than EFA. Anyway, its a buy too. You have to be careful with the I fund and scaling into and out of it may be better than making bigger move when figuring in "fair value".

So, I should be 100% in stocks, according to my system, and I fund is performing the best. So, I will probably increase there to 100% although I could go 50% C fund too.

 

[Cactus]

How do you scale into a Fund in the TSP when you only got 2 IFTs to play with? I never understood that.

If you are out of the market, you can partially enter with 2 moves and still bail to G if needed, but that is the best you can do. If you are closer to the end of the month you could time additional entries in the following month, but you are still using a lot of precious IFT's on a market that could turn on a dime.

 

[clester]

How do you scale into a Fund in the TSP when you only got 2 IFTs to play with? I never understood that.

If you are out of the market, you can partially enter with 2 moves and still bail to G if needed, but that is the best you can do. If you are closer to the end of the month you could time additional entries in the following month, but you are still using a lot of precious IFT's on a market that could turn on a dime.

That's about it. I guess the buy and hold method works too.

 

[clester]

Not sure why efa is down today.I know Japan is closed. Eu and UK are up. Maybe a good day to buy in the other 50%?

 

[clester]

My last trade is looking pretty bad right now. My system didn't have a clear signal so I shoulda stayed put.

I blame the limited monthly trades too.

The S fund has a warning flag until it regains the 50 dma. It tested it this morning and failed. C fund looks to fail at its all time high today too. So I'm cautious there.

The I fund is so frustrating! I can only focus on the EFA chart and trade on it. I have to ignore news about Greece, USD etc. I would like to see it test its 50 dma before I buy more but that may not happen. I have 2 trades so I could scale in 25% today and the other 25% tomorrow. If I buy 50% then I can only go to G fund the rest of the month.

 

[FogSailing]

I think you're logic is exactly right about the I Fund. The RSI is one of those indicators that I use as a litmus test. Still on the sidelines and it's tough. I just missed really good action in early May. best of Luck.

FS

 

[DreamboatAnnie]

Not sure why efa is down today.I know Japan is closed. Eu and UK are up. Maybe a good day to buy in the other 50%?

Yes....Not sure what's going on with I fund, but then again I don't know a lot about that fund. What I do not like is that it really seems to move in a much more scattered way as opposed to the more linear way the SPX or DWCPF indexes move. Really not sure why EFA moves that way, but I am still thinking it could go up more. HUMmm..on second thought maybe best to do the opposite.