Cycle of Emotions

[Birchtree]

The beauty of retirement is that excess cash can be used to make more cash. All you have to do is be disciplined to save in your working years - it takes money to make money and TSP provides an excellent mechanism to help you do that. The money piles up quicker when you have the potential to move multi-thousand share positions around. Just learn before you churn is the golden rule and you can make substantial gains. You don't even need big percentage gains to acquire wealth.

 

[wavecoder]

From a long term perspective, this 10% drop presents a good buying opportunity. I saw a headline calling for panic selling in AAPL yesterday but I'm just not seeing it.

I had buy triggers on a few items at S&P 1350 which had been stagnant for a few weeks but finally hit yesterday.

Apple looks interesting right here. it's hammer time! (or i am in denial?)

 

[Bullitt]

It looks like AAPL's weekly trendline from 2010 held. AAPL is a tough one because it has such a cultish following but I'm sure it has one more burst higher before it collapses below 400.

So goes AAPL, so goes the market. If it's bouncing that hard then that could be one of those market tells we all try to look at for clues.

 

[wavecoder]

you're probably right. a run-up from here in the major markets would look like the right shoulder of a huge H&S pattern (on weekly charts) which could be bad news. I figure the market can't really sell off much more without buyers being lured into another trap.

 

[tsptalk]

Where are we now?

 

[Bullitt]

Where are now on the roller coaster ride?

 

[tsptalk]

I think the bears are in the despondency phase.

 

[Marjuno]

Hope we'll be always in a bullish phase

 

[James48843]

Tom asked “Where are we now?”


That’s a great question.


Sent from my iPhone using TSP Talk Forums

 

[Bullitt]

CNN says we're at 36 and have been pretty low the past month. Hard to believe. I actually thought we'd be in the 70+ range.

 

[DreamboatAnnie]

Maybe its because Congress was out.... But they are back! :worried:

 

[tsptalk]

CNN says we're at 36 and have been pretty low the past month. Hard to believe. I actually thought we'd be in the 70+ range.

It's been trending lower all year for some reason.

 

[Bullitt]

I think we're just past denial and very close to fear at this point.

 

[DreamboatAnnie]

Bullitt...You nailed it! But some are still in denial...fear creeping in. I am right there... seriously looking at bear strategy.

 

[pmaloney]

I saw the title "Cycle of Emotions" and thought DBA had come up with another great song. LOL! :smile:

Anyone have any thoughts on going 100% S instead of 50% S and 50% C for the rest of the month?

We all have Cycle of Emotions. Luckily we can share together! :smile:

 

[pmaloney]

Hi again. I just noticed noticed that my posts number was 666 so I thought I would add another. God Bless America and thank you GOD for your Love, Mercy, Grace and Sacrifice for us all! Love you all! :smile:

 

[Bullitt]

Relief / Optimism?

Noticed a few people talking TSP again in the office the past week.

CNN extreme greed at 82. One month ago neutral at 56.

 

[tsptalk]

We may be a long way from your cab driver or barista giving unsolicited A.I. stock picks, but that will be a sure sign that the end is nigh.