coolhand's Account Talk

[tsptalk]

It seems a little jumpy. Not that that is a bad thing - I actually like the action. But I thought the SS was supposed to be an intermediate-term signal?

 

[coolhand]

It seems a little jumpy. Not that that is a bad thing - I actually like the action. But I thought the SS was supposed to be an intermediate-term signal?

It went on a buy on 3/10. Aside from one false sell signal that lasted 3 days about a month ago, it's remained on a buy. That false sell was an uncommon event too.

I will say that the system has been close to a sell a couple times in the past couple of weeks, and I've mentioned it when it was close, but it has yet to confirm a sell.

I'm not sure the system itself is jumpy, or if it's the tug of war between the bulls and bears in a market environment rife with bad news events.

Still, if one had bought on 3/10 when it went on a buy and stayed the course, even with the false sell, one would have realized significant gains in that time.

My mistake was trying to get cute and dodge some anticipated weakness at the end of March that never really materialized. Haven't had a decent dip to buy since (aside from one day sell-offs) and I don't have the guts to buy those in this market.

 

[tsptalk]

My mistake was trying to get cute and dodge some anticipated weakness at the end of March that never really materialized. Haven't had a decent dip to buy since (aside from one day sell-offs) and I don't have the guts to buy those in this market.

I know the feeling. We always think we are smarter than a proven system. It's rarely the case.

 

[Bullitt]

Copy that. Marty Chenard's system, aka: Stocktiming.com, gave a buy signal in Mid March but he failed to follow it because he believes the market is being manipulated. He missed out on some 50 points of S&P upside because emotions got in the way.

Everyone who's invested is looking to 'not lose a penny' of this rally. Those who are on the sidelines just want their turn to have a summer fling with the 3x bear ETF's and continue to call the top.

Too many inexperienced traders are going to try timing this pullback perfectly and then buy back in at around 780 or so. Now, that's just one scenario, but at the end of the day, it all depends on whether or not one believes this is 'it'.

Like we said before though, there are a great deal of common folk like us out there who are never, never going to venture into stocks ever again. I think that goes to include many professional fund managers out in the arena as well. This is the first time some people have struck out in their entire career and they don't know what to do.

 

[Birchtree]

I think that in order to be a successful investor one has to have strong masochistic tendencies - as a lover of pain on occasion. Because the markets sure know how to deliver the goods. I'm used to it over the years absorbing loads of pain but always surfacing stronger from the experience because I always try and buy the bottoms and when you do that you simply increase your own pain levels. Let's have a cheer for pain. Right now it hurts so good - and it will probably hurt a little today.

 

[coolhand]

I think that in order to be a successful investor one has to have strong masochistic tendencies - as a lover of pain on occasion. Because the markets sure know how to deliver the goods. I'm used to it over the years absorbing loads of pain but always surfacing stronger from the experience because I always try and buy the bottoms and when you do that you simply increase your own pain levels. Let's have a cheer for pain. Right now it hurts so good - and it will probably hurt a little today.

Okay, I'll respect your masochistic ways, but I'd like to point out for the benefit of those who may otherwise think there's no alternative to the whip that I'm still ahead of the S&P by about 4.5% in spite of missing the majority of the current upside action. Put that in your pipe and smoke it. :laugh:

 

[Birchtree]

You are (supposedly) ahead of the SPX but you are not on the auto-tracker. The proof may be in the pudding as usual.

 

[coolhand]

You are (supposedly) ahead of the SPX but you are not on the auto-tracker. The proof may be in the pudding as usual.

Perhaps. But I've made it a point to post losses too. I was down about 18% last year and posted that as well. No outlandish claims here. I'm only up a little over 1% for the year, well below the leaders on the tracker. If those kind of assertions make me untrustworthy, than so be it. I have nothing to prove to anyone.

 

[Birchtree]

Well those are exactly my sentiments - but for comparison sake it's easier to compare apples to apples. But bottom line I could care less - I've never doubted anything you have said because I keep it all in perspective. You are upset with me because I've shown no mercy toward those that cut and run on the market lows - that is not my strategy. They are comfortable now on the sidelines licking their wounds but missing the last 30% of this rally - that's their deserved punishment. Hey, I took a $1M haircut from this bear market but I'm still not bald yet and my asset base is still intact and that includes my TSP account. So if we continue to rally I'll collect the green and fully expect to give some back on occasion. It's all in the game.

 

[robo]

You are (supposedly) ahead of the SPX but you are not on the auto-tracker. The proof may be in the pudding as usual.

Birchtree,

Please do me a favor and stay out of Coolhand's thread. The Bullshit cheerleading is just as bad as the Bearshit cheerleading. Coolhand is neither! You only need a 90% rally to get even and you talked earlier about buying the bottom, when did you sell?

You are just as annoying as the TSP Bear Cheerleaders. A PermaBull and a Buy and Hold to boot has NO Place in this thread talking about the autotracker. For all I know you have been in the G Fund the last 10 years . A buy and hold guy talking about the auto-tracker…..shhhh

Please spread the Manure in the Bear Cave and keep this thread free of the Bullshit! I read very few threads at TSPtalk anymore and it’s nice to read one without all the crappy cheerleading from Both sides… BULLS and BEARS!

I'm not sure who is worse you or Kudlow.

Thanks,

Robo


Coolhand,

I always enjoy reading your comments and getting your thoughts on the market and IYB’s Seven Sentinels. I have NO patience for PermaBulls or PermaBears - in the end they will both lose money by holding a position to long.

And yes, the proof is in the numbers not the pudding Birchtree….

Some might not care for my opinion, but this cheerleading crap by Bears and Bulls is why I think many are not posting here anymore.

Robo

 

[XL-entLady]

... Hey, I took a $1M haircut from this bear market but I'm still not bald yet ....

Dang! It wasn't my money, but that sentence still made my stomach churn. You're much stronger than I am!

Lady

 

[robo]

Well those are exactly my sentiments - but for comparison sake it's easier to compare apples to apples. But bottom line I could care less - I've never doubted anything you have said because I keep it all in perspective. You are upset with me because I've shown no mercy toward those that cut and run on the market lows - that is not my strategy. They are comfortable now on the sidelines licking their wounds but missing the last 30% of this rally - that's their deserved punishment. Hey, I took a $1M haircut from this bear market but I'm still not bald yet and my asset base is still intact and that includes my TSP account. So if we continue to rally I'll collect the green and fully expect to give some back on occasion. It's all in the game.

Well, you made my point again with the above comment! Another useless Bullshit statement in one of the few good thread left at TSPtalk.....

Amazing.....

 

[Birchtree]

Well Robo my still friend may the bull tinkey land on your shoes. I guess people just like to get nasty when they miss out on an opportunity. Is that my fault?

 

[Birchtree]

Did somebody ask a question about selling - yes I sold $172K worth of stock in July'08 dumping my commodity stocks at the top of the CRB charts - and then began reinvesting those monies into 45 different toxic waste financial stocks via dollar cost averaging. And no I don't like to sell - I could have used your help this year with my capital gains taxes. That $172K was the profit - that does not include the principal. I also put in another $500K during our bottoms last fall and purchased 432 individual stock positions via DCA. Now I'm rewarded with a $363K gain in seven weeks.

Now as far as a reduction in postings on the MB - the chaff is off playing the ETF game and I surmise they'll return when the newness wears off.

 

[XL-entLady]

Now as far as a reduction in postings on the MB - the chaff is off playing the ETF game and I surmise they'll return when the newness wears off.

Chaff?? Ouch, that hurts! :laugh:

Lady

 

[robo]

Well Robo my still friend may the bull tinkey land on your shoes. I guess people just like to get nasty when they miss out on an opportunity. Is that my fault?

Another one of your useless posts in Coolhand's thread. Your comments deserve my reply and it has nothing to do with being nasty or missed opportunities. You missed the opportunity of a lifetime not shorting and going to cash in TSP during one of the Nastiest Bear Markets of all time. It's not my fault you rode the whole Bear Market down and you now need a 90% rally to get even the second time in the last ten years. You are the one that puts out comments too agitate and inflame after months of getting your butt kicked in the stock market.

I'm just asking you to keep your Bullshit out of this thread so you don't tick off Coolhand and drive anther good trader/market timer away. We all know you are staying!!!! Why is it that most conflicts on this board have you involved?

The Bottom line is you are just a PermaBull cheerleader so why post here in Coolhand's thread….

So now you direct that Bullshit at me and my return huh….. My YTD is just fine and I'm nicely positive since the start of the Bear in 2007. You just don't quite and you are so full of it. I'm not sure how many folks you have driven away from TSPtalk, but I'm sure it's plenty.

If you want to continue your Bullshit and your comments to agitate and inflame take them to the Bear Cave and out of Coolhands thread....

Take Care and you really are full of it.


Coolhand,

Sorry - and last post here, but Birchtree has NO reason to post this Bullshit in this thread.

It has NO value and it is meant to inflame only...

 

[coolhand]

Well, for the record, I do think BT posts some good general info at times. I can do without the cheerleading though.

I'm just trying to collaborate and compare notes with others here on the MB, that's my agenda. Simply trying to improve my skills while helping others do the same. No one's going to chase me away.

 

[robo]

Well, for the record, I do think BT posts some good general info at times. I can do without the cheerleading though.

I'm just trying to collaborate and compare notes with others here on the MB, that's my agenda. Simply trying to improve my skills while helping others do the same. No one's going to chase me away.

Coolhand,

Thanks, and I do appreciate your comments....


Robo

 

[Birchtree]

Robo, among friends I have three letters for you: KMA. If I had the pleasure of driving any member off this MB then good riddance to them - the world already has enough mollusks. Your centipede must be driving you crazy. Let's go to the bear cave - see you later Coolhand.

 

[post]

Well, for the record, I do think BT posts some good general info at times. I can do without the cheerleading though.

I'm just trying to collaborate and compare notes with others here on the MB, that's my agenda. Simply trying to improve my skills while helping others do the same. No one's going to chase me away.

Coolhand

very cool response!