Exnavyew's Account Talk

[exnavyew]

Stocks have further to correct, fear 'panda bear' market
http://www.cnbc.com/2015/07/27/stocks-have-further-to-correct-fear-panda-bear-market.html

 

[exnavyew]

Good read IMHO.

End the Suspense Already and Raise Rates

 

[exnavyew]

Good! IMHO this is a good sign. The economy is (slowly) getting better.

The Odds of a September Hike Surged in the Last Two Days
https://finance.yahoo.com/news/odds-september-hike-surged-last-162002369.html

 

[JamesE]

Good sign for the economy or for your TSP balance?

I still think there will be a major play in stocks yet this year. The market has basically been treading water all year. This wash, rinse, repeat will not go on forever. I also think the action will be tied to the anticipated rate hike, whether its Sep, Dec or next year. As I mentioned in FWM's thread, charts are seriously starting to look like rounded tops to me. My only wish is to be on the right side of trade, whatever it is.

 

[exnavyew]

Not sure I understand your point, but good luck in your trading!

 

[JamesE]

I guess it is kinda confusing looking back at it....

1. I think there will be a big down move yet this year.
2. I really hope I get it right and make a good trade.

 

[exnavyew]

With all the red ink today decided to jump back in. Hope I don't catch the proverbial falling knife Friday. Good luck to all!

 

[FogSailing]

View attachment 34746

Good luck in your investing EXN. I may go in tomorrow (F Fund). I still think August will have a decent rally in stocks. My original August scenario was rally in C and S mid week-next week but I'm now thinking the week of August 20. I've been holding my powder to see what was the better play: F or equities. I hope I'm getting closer to an answer. My problem is that I've never done well in F for more than a day or two..


FS

 

[exnavyew]

[Good luck in your investing EXN. I may go in tomorrow (F Fund). I still think August will have a decent rally in stocks. My original August scenario was rally in C and S mid week-next week but I'm now thinking the week of August 20. I've been holding my powder to see what was the better play: F or equities. I hope I'm getting closer to an answer. My problem is that I've never done well in F for more than a day or two..]


The F-fund has always baffled me. Does rising interest rates help or hurt the F-fund? I keep hearing conflicting things about it. Suze Orman is 100% against bond FUNDS, not bonds but bond FUNDS (I forget her reasoning though).
A while back I saw a couple of comments where people had monthly goals (1%,2%) and once they met their goal they went to the G-fund for the rest of the month locking in the gains and waiting for the next clear 'BUY' signal the next month. That's one strategy I guess. (It appeals to me in that more than once I've stayed too long at the party and ended up giving back my gains! )

Heck with it, time to shop for rental properties! LOL. :laugh:

 

[FogSailing]

You may be on to something there EXN!. I'm starting to think that being a slum lord would be easier than trying to make a buck in this market..

FS

 

[exnavyew]

[h=2]The Warren Buffett way to avoiding major bear markets[/h]

 

[Scout333]

Anything like the Birchtree method? Keep on buyin'!:smile:

 

[exnavyew]

Might be giving a lot of Monday's gains back on Tuesday? :worried:

http://www.cnbc.com/pre-markets/

[url]https://finance.yahoo.com/news/global-markets-asia-stocks-swing-002202608.html
[/URL]

 

[FogSailing]

The ONE thing I should know (maybe I've just learned it).....If there is time to make a considered judgement in the market DON'T; Because some 5th degree outlier is also making a considered judgement that will negate your actions. So much for the statement that the Chinese market doesn't have a direct impact on the US market. Standing by to take a bath today...

FS

 

[exnavyew]

Hi FS,

Yeah, I hear you. China couldn't wait til I was OUT of the market to devalue the Yuan? How inconsiderate!!
And the U.S. response is to wag a finger? Gimmee a break!
https://finance.yahoo.com/news/u-warns-china-against-backsliding-172929140.html

I own(paid off) 1 nice duplex rental property with great tenants (people ALWAYS need a place to live, passive income, you get the picture). Got to get a few more 'nice' properties going so I can generate enough 'passive income' to live on I guess. Another thing I like is I'm in total control. And now rents are going thru the roof simply cuz people can't afford to buy and some people prefer to rent and 'old' housing is scarce and new home construction is slow and will take at least a year or two to affect rents.
REITS are also an option but with the inevitable rate increases coming that will put pressure on REIT's. Am looking at TWO, 10.50% return and from what I can fathom from the flood of info they are positioned well to deal with 'gradual' Fed rate increases.
Thus endeth the rant.
Good luck on your invesments! :smile:

 

[exnavyew]

This is the market you've been wishing for

https://finance.yahoo.com/news/this-is-the-market-you-ve-been-wishing-for-114915124.html#

 

[exnavyew]

What time on Thursday?

Market timer Tom McClellan sees stocks set up for ‘ugly decline’ as early as Thursday

Market timer Tom McClellan sees stocks set up for

 

[exnavyew]

What time on Thursday?

Market timer Tom McClellan sees stocks set up for ‘ugly decline’ as early as Thursday

Market timer Tom McClellan sees stocks set up for

Wrong! It appears to have already started this week! And it IS ugly.
Ain't the stock market fun.

 

[exnavyew]

More of the same tomorrow? Argh!
http://www.cnbc.com/pre-markets/

 

[exnavyew]

I sure hope Greed overtakes Fear soon!