-
Welcome to the TSP Talk Forums forums.
You are currently viewing our boards as a guest which gives you limited access to view most discussions and access our other features. By joining our free community you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content, join our AutoTracker, and access many other special features. Registration is simple and absolutely free so please, join our community today!
If you have any problems with the registration process or your account login, please contact us. -
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
-
20% Off Annual Premium Subscriptions!*
Ends Jan 18... Click Here For More Information
* For new or current subscribers -
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!
Epic's Account Talk
- Thread starter Epic
- Start date
Epic
Well-known member
1 Hour Boys & Girls ...... Don't miss it !! https://www.federalreserve.gov/newsevents.htm 
Epic
Well-known member
Wow, so all that hype for a whole lotta nuthin. It didn't Tank, and actually finished the day strong. Hmmm, so where does it go from here??
We're still in an overall downtrend according to the folks who know, and I'm bummed that I missed out on some upside, but I'm still not confident enough to go all in. :worried:
We're still in an overall downtrend according to the folks who know, and I'm bummed that I missed out on some upside, but I'm still not confident enough to go all in. :worried:
Its a barricida not a nova
Epic
Well-known member
Super busy all weekend. Really not sure what to think going forward, considering the crazy UP rally from last week. I need to catch up on my reading to see what the majority of the talking heads feel is the new direction.
Do we continue UP, or maybe one last leg DOWN ??? What happens in Ukraine? Is there another wave of Covid coming? I'm still in G-Fund, but I'm not happy about it and want to make some MONEY !!!!
Ever notice when things are going great, the "Pro's" just refer to the Daily charts, then when things start to go south they go "Lets take a look at the Weekly. See, that's not so bad". Then as things get worse, they say "Lets take a look at the Monthly. See, that's not so bad". LOL
Does that same logic apply now? Sure, last week was great, but if you pull back to the weekly and or monthly, it still looks "not great" (bad). Hmmmm
At the very least, I want to get myself "set-up" for next month. If we've made a "bottom", or will make one soon, I want to be IN the market 100% before the start of April. We'll see . . . . .
Do we continue UP, or maybe one last leg DOWN ??? What happens in Ukraine? Is there another wave of Covid coming? I'm still in G-Fund, but I'm not happy about it and want to make some MONEY !!!!
Ever notice when things are going great, the "Pro's" just refer to the Daily charts, then when things start to go south they go "Lets take a look at the Weekly. See, that's not so bad". Then as things get worse, they say "Lets take a look at the Monthly. See, that's not so bad". LOL
Does that same logic apply now? Sure, last week was great, but if you pull back to the weekly and or monthly, it still looks "not great" (bad). Hmmmm
At the very least, I want to get myself "set-up" for next month. If we've made a "bottom", or will make one soon, I want to be IN the market 100% before the start of April. We'll see . . . . .
Whipsaw
Well-known member
When I dialed into D-7 and the Grok trade vids, he generally said that the weekly chart will trump the daily, and the Monthly will trump the weekly when looking at trends. FWIW. DBA would know better than I.... they can give a better perspective on longer term trends - I think it was Ira Epstein that said the weekly only matters when the Friday close is printed.
Epic
Well-known member
Today finishes day 3 of being embedded in C-Fund (S&P) according to Ira, but I stayed put in G-Fund. Ira said he's sensing a trade TOP about to happen, plus I've never been comfortable going all in right before the weekend. Also, I think todays Up action was strictly NATO News driven. I have a few days next week to figure out how I want to position myself going into April. No rush.
Epic
Well-known member
I'm starting to think that the Talking Heads who were saying that a triple bottom had formed and how that was Bullish were correct, but I also strongly believe that all gaps get filled eventually. This market is completely news driven and is nothing like it was 5 years ago when it behaved in a totally different manner. Incredibly F-ing frustrating is all I can say. 
..
..
Epic
Well-known member
To Maryland residents:
(Sux they put a yearly limit on it. That wasn't in the plan originally :disappointed:)
Source: https://www.baltimoresun.com/politi...0220328-pdd3hss3ivgpjptdfvwqpt6m2e-story.html
Retirees age 65 or older in Maryland who bring in less than $100,000 in income — or $150,000 for couples — won’t have to pay state taxes on the money. The retiree tax cut is by far the costliest piece of the deal with an estimated price tag of $1.55 billion over the next five years. Hogan had originally pitched getting rid of state income taxes for retirees altogether.
In a joint news release announcing the tax cut deal, Hogan, Democratic House Speaker Adrienne A. Jones and Democratic Senate President Bill Ferguson said the retiree tax cuts will mean that “80% of Maryland’s retirees will receive substantial relief or pay no state income taxes at all.”
..
(Sux they put a yearly limit on it. That wasn't in the plan originally :disappointed:)
Source: https://www.baltimoresun.com/politi...0220328-pdd3hss3ivgpjptdfvwqpt6m2e-story.html
Retirees age 65 or older in Maryland who bring in less than $100,000 in income — or $150,000 for couples — won’t have to pay state taxes on the money. The retiree tax cut is by far the costliest piece of the deal with an estimated price tag of $1.55 billion over the next five years. Hogan had originally pitched getting rid of state income taxes for retirees altogether.
In a joint news release announcing the tax cut deal, Hogan, Democratic House Speaker Adrienne A. Jones and Democratic Senate President Bill Ferguson said the retiree tax cuts will mean that “80% of Maryland’s retirees will receive substantial relief or pay no state income taxes at all.”
..
Epic
Well-known member
Once again, it's 11:59 and things look a bit too sketchy to jump in the way I want to. 
I may not be able to get myself set-up for April the way I wanted to.
That may not be a "bad" thing because in all of my reading and research over the past week, I've noticed a number of the "smart" people have been indicating that they expect a correction from this rally that has been taking place, and that April may be the month for that correction. I know April is traditionally (normally) a good month for stocks, but nothing has been "normal" in the market for a while now. :blink:
I may not be able to get myself set-up for April the way I wanted to.
That may not be a "bad" thing because in all of my reading and research over the past week, I've noticed a number of the "smart" people have been indicating that they expect a correction from this rally that has been taking place, and that April may be the month for that correction. I know April is traditionally (normally) a good month for stocks, but nothing has been "normal" in the market for a while now. :blink:
Similar threads
