Dr Faustus's Account Talk

Thanks for the chart Dan.
I know that all those colored lines mean something....like the S fund for Thursday results, some kind of moving average...daily, monthly 200 daily maybe. Wish I had gotten in five months ago, and gotten out five weeks ago!!!....But when you live by the sword, you die by the sword!!! Still in the G fund!!!

Good luck!!
 
Thanks for the chart Dan.
I know that all those colored lines mean something....like the S fund for Thursday results, some kind of moving average...daily, monthly 200 daily maybe. Wish I had gotten in five months ago, and gotten out five weeks ago!!!....But when you live by the sword, you die by the sword!!! Still in the G fund!!!

Good luck!!

Craig,

I *knew* I should have stated what those colored lines were ... I was focused more on the price (green line).

The light blue line is a 4 period MA.
The yellow line is an 8 period MA.
The red line is a 15 period MA.

I say period because each point of the chart is the market price at COB on Thursday.

Hope this helps

I am back in G myself. Next week is going to be problematical because I am going to be out of town. Of course, I'm sure the market will choose to skyrocket during that time. lol
 
I'm considering going 50 C / 50 S cob today to get the pop on Monday should agreement on a bailout be reached. What do you all think? Looks like the markets are trying to come back off of their lows today ....
 
High risk with a potential of a large gain or loss, leaning slightly to gains. I'm in but trying to be objective to a point.
 
I'm considering going 50 C / 50 S cob today to get the pop on Monday should agreement on a bailout be reached. What do you all think? Looks like the markets are trying to come back off of their lows today ....

You may be sorely dissipointed. The more they talk about the bailout, the more congress realizes the American public is not for this deal. This deal won't fix squat and momentum is mounting on the side of common sense. I myself don't think this is an IFT worth timing, but then again what do I know?
 
You may be sorely dissipointed. The more they talk about the bailout, the more congress realizes the American public is not for this deal. This deal won't fix squat and momentum is mounting on the side of common sense.

The more I think of it, the more I think you're right.

Here is my reasoning: The more Congress jawbones this, the probability rises that any kind of bailout reached is going to be different from what Paulson and company has proposed. Hence, the less chance that Wall Street will like it.

I'm sure that Wall Street will applaud if some kind of agreement is reached - but it will be a guarded one.

So I guess I'll continue to sit in G. At least I know my money is relatively safe there. lol
 
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I had the same thoughts and went for it. I'm thinking sell off based on uncertainty on Friday and a Monday bounce. I guess we'll see on Monday.
 
Congrats to everyone who was in the market today! I missed out ... could have made my target goal for the year had I been in!
 
Except for a very few exceptionally brilliant members, you might end up like most of us still trying to get to the 0 line. Be happy you are still way ahead of the market, and most of us ;)


Congrats to everyone who was in the market today! I missed out ... could have made my target goal for the year had I been in!
 
Hey Gang... still lurking as I haven't much to do or say TSPwise. I've been sitting in the G Fund since early July just contributing and avoiding the nonsensical volatility.

Regarding the auto industry bailout... what I'm afraid of is, if the feds give them 25 or 34 billion... we're stuck with them when they come back in a year and ask for another 25 billion. Don't give them another chunk of change and we lose the original 25-34 billion. And the big 3 execs know that game. Though I'd hate to see what losing the American auto industry would do to our economy, I don't think it would be all the gloom and doom they predict. Too many of "American" cars and parts are produced in Canada and Mexico. JMTC


FYI, my BMW X5 is 65% German parts, 35% American parts and assembled in South Carolina.... go figure <shrug>
 
Looks like I'm going to end up with a return of +3.18 for the year.

My subscription to the EbbChart expired so I won't be posting anything more in there for a while
 
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