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Or you can now use TapaTalk again!ExtremeWx Account Talk
- Thread starter ExtremeWX
- Start date
Hey ExtremeWX, You're getting in during a really volatile time. Out of the market is a good place to be right now. HOwever, if your out, and the President and congress come up with a bailout, stocks will sky rocket and you will be out of the money and the F fund will tank. But if you're in and the market doesn't like the result, the market will tank and you will be in and lose big. IF you're in the F fund, it may go up and you will be out of the money. Welcome to the game "betting on your future and retirement. Then, again, if you buy and hold, you may lose tens of thousands and not do anything about it like in 2001, 2002. Pay attention and you may come out even when you retire....maybe even make a few bucks. Good luck!!!
southbeachrat
TSP Strategist
- Reaction score
- 1
Welcome ExtremeWx, There are a lot of smart people here. Read and learn and enjoy. Good luck in your investing.Thanks for the congrats.
I think of myself of knowing very little about investing, but I read this board daily to try to get smarter. I'm very suprised by my rating. So far my best reason for success is that I've been mostly out of the market and occasionally jump in after a big sell off.
Good luck.
Bryan
Corepuncher
TSP Pro
- Reaction score
- 40
So I'm curious, did you bail today, or, are you gonna hope for a higher close next few days?
TerpTrader
Market Tracker
- Reaction score
- 4
EWX...
For your sake, I certainly hope you get your pop early next week.
But you would use up your 2 transactions for the month for this short-term in/out.
I'm thinking we may have a better opportunity to get in late next week prior to the likely stock accumulation in anticipation of the Fed meeting on the 16th to probably lower interest rates.
That might be a more sustainable rally into the new year, based on the 'seasonality' chart.
Just a thought.TerpTrader,
Thanks for your suggestion...
I wish I would have waited, but I had a meeting that was going to last through the IFT cutoff. I pulled the trigger and went 50C and 50S thinking that the market would dive significantly in the afternoon due to the morning unemployment report....therefore looking for a bounce on Monday... as of now, it looks like my plan is not working out.
My next decision is whether to stay in for the rest of the month and catch a seasonal rally, or bail...
Thanks again,
Bryan
EWX...
For your sake, I certainly hope you get your pop early next week.
But you would use up your 2 transactions for the month for this short-term in/out.
I'm thinking we may have a better opportunity to get in late next week prior to the likely stock accumulation in anticipation of the Fed meeting on the 16th to probably lower interest rates.
That might be a more sustainable rally into the new year, based on the 'seasonality' chart.
Just a thought.IFT today:
85% G
15% F
Thinking today will be up based on Intel's earning...
Possible slight down day tomorrow if/when we close above 1200 (quick profit taking)
We'll be choppy sideways action for a week or so, then a correction.
I'm taking profits and waiting on the correction.
Best of luck.
BryanSimilar threads
