clester
Well-known member
I think we could run up to 1400 on this move. That is my target anyway. I'm getting a good feeling for today!
-
-
-
Please read our AutoTracker policy on the IFT deadline and remaining active. Thanks!
-
$ - Premium Service Content (Info) | AutoTracker Monthly Winners | Is Gmail et al, Blocking Our emails?
Find us on: Facebook & X | Posting Copyrighted Material
-
Join the TSP Talk AutoTracker: How to Get Started | Login | Main AutoTracker Page
-
The Forum works well on MOBILE devices without an app: Just go to: https://forum.tsptalk.com ...
Or you can now use TapaTalk again!
clester's Account Talk
- Thread starter clester
- Start date
ATCHUNTman
Member
Nice job Clester! Impressive.
jkenjohnson
Active member
#$%$$#% I should have bought TNA yesterday at $49.90 when I had the chance. Stupid, Stupid, Stupid.
clester
Well-known member
Don't second guess yourself. It will drive you crazy and cause you to make bad calls. This is from mynown experience.
Just look at it now and decide where to go.
jkenjohnson
Active member
It's not driving me crazy. It would have been a nice quick profit.
clester
Well-known member
I understand. I just know I used o beat myself up a lot.
WhoDey
Member
Good move. I almost moved to 100% C/S yesterday, but, with finger poised on the submit button, I declined. Reasons being ...
1. I'm going on vacation next week and don't want to be worrying about my risk exposure as I think this up leg will be limited.
2. I'm thinking there might be a better play later in the month. The 2 unlimited IFT limit came into play. Stinks, but you know that.
3. I felt like the market could have gone either way and didn't want to take the coin-flip.
Still, a good calculated risk. Good job.
1. I'm going on vacation next week and don't want to be worrying about my risk exposure as I think this up leg will be limited.
2. I'm thinking there might be a better play later in the month. The 2 unlimited IFT limit came into play. Stinks, but you know that.
3. I felt like the market could have gone either way and didn't want to take the coin-flip.
Still, a good calculated risk. Good job.
clester
Well-known member
A word of advice. Don't worry or plan around the 2 trade limit. If its a good move just take it. If you run out, well you run out. It has caused me to make many a bad trade or not trade.
Being on vacation is a good reason to be out as well as you thinking its a coin toss. IMO, it needs to be really good odds to get in. My calculations said it was.
WhoDey
Member
Agreed. If you think it's a good move, you should just go for it. Knowing I would be away from "technology" for awhile, I was worried about being able to "get out" if need be.
Thanks for sharing your thoughts, etc. regarding your TSP moves. A lot of your thinking resonated with mine. I hope you have a great week!
Thanks for sharing your thoughts, etc. regarding your TSP moves. A lot of your thinking resonated with mine. I hope you have a great week!
clester
Well-known member
Thanks, have a great vacation too!
jkenjohnson
Active member
Unless we open with a significant gap down, I am going short today in my Roth IRA with TZA.
clester
Well-known member
Good luck. Looks like we will open down a little.
clester
Well-known member
With Europe quiet this morning we may have a lower open and then slowly climb back to even. I expect a quiet day. Agg's RSI is still over 70, which can stay up there a while but I expect it to come down soon. That should translate into stocks being bought. The big pop Friday has given me some room to wait out a small pullback.
jkenjohnson
Active member
From the minutes of the last meeting, most memebers were opposed to any QE3 actions within the near future. I could be wrong though. I am hoping for a quick in and out profit. Won't stay short very long, unless the market really tanks.
nnuut
Moderator | TSP Legend
You never know what the FED will do, although they ARE running out of bullets.
jkenjohnson
Active member
I agree.
clester
Well-known member
That's why I don't play the headlines. It's too hard to figure out what the market will. It's not very logical.
jkenjohnson
Active member
Stock futures are headed back up so I just cancelled my order.
clester
Well-known member
Agg gapped up this morning and looks like a blow off top to me. It will come down soon. Maybe not today but soon.
Im looking at the 50 dma on s&p now for support on the down side and stop loss moved up to 1325. Today just doesn't feel like a sell off day for some reason. Hopefully, it will claw its way back up.
Im looking at the 50 dma on s&p now for support on the down side and stop loss moved up to 1325. Today just doesn't feel like a sell off day for some reason. Hopefully, it will claw its way back up.
Similar threads
