FAB1 Account Talk

Im going catch up with you Tom.

Im only 8000 some odd posts behind ya!

Now whats the questions on everyones mind, I dont know about everyone but the question on my mind and maybe concerning other around here is whats going to happen next? Is the market just gliding along catching a breather or is it running out of breath and a big dip or correction is eminent?

I remember the times it looked like nothing could hold the momentum down and buy, buy, buy was in the air and then a falter here and there, a saggy lackluster day, a small rally and then - BOOM!!

And it always catches you off guard and you say well Im in might as well ride it out - let me say here, DO ride it out if you get caught in the correction because when the recovery comes you dont want to be out of the market. Nothing is worse than losing 5-6% (or more) then panicking and moving all to G and missing the 5-6% recovery.

I dont have a bunch of charts to show you, sorry but I just felt like sharing this not because I have a gut feeling a dip is coming, just because we all know a dip/correction will come sooner or later. Dont get caught in the roller coaster ride if your strategy is buy Low and Sell High - but only you can decide when its time to play it safe!
 
Im going catch up with you Tom.

Im only 8000 some odd posts behind ya!

Now whats the questions on everyones mind, I dont know about everyone but the question on my mind and maybe concerning other around here is whats going to happen next? Is the market just gliding along catching a breather or is it running out of breath and a big dip or correction is eminent?

I remember the times it looked like nothing could hold the momentum down and buy, buy, buy was in the air and then a falter here and there, a saggy lackluster day, a small rally and then - BOOM!!

And it always catches you off guard and you say well Im in might as well ride it out - let me say here, DO ride it out if you get caught in the correction because when the recovery comes you dont want to be out of the market. Nothing is worse than losing 5-6% (or more) then panicking and moving all to G and missing the 5-6% recovery.

I dont have a bunch of charts to show you, sorry but I just felt like sharing this not because I have a gut feeling a dip is coming, just because we all know a dip/correction will come sooner or later. Dont get caught in the roller coaster ride if your strategy is buy Low and Sell High - but only you can decide when its time to play it safe!
 
Kind of interesting the U$ Dollar is moving up today and not holding the stocks back. kinda interesting.
 
About half the board is holding G in some amount - half of those are 100% G. Of the other 50% in stocks/bonds we have most traders 100% S fund, and a just a handful are staunch 100% believers in the I, C & F funds.
 
Its important for the market to hold its gains today when you figure that the S fund has lost -3.44 in the last 5 trading days it has a bit more to recover its losses.
 
I need to stop posting positive material - maybe more of our leaders would cluck like #19 dhstdog. I now own more I fund than wwwtractor which makes him vulnerable to my creep.
 
Your influence is really felt far and wide on this board. Although I cant see you posting Bearish news...

You'll just have to quit posting I guess, BT :rolleyes:
 
Thanx for the compliment. I'm really just a simple individual investor trying to demonstrate the discipline I favor to make myself some money. I'm always trying to buy happiness. All I have on my side are years of experience in the college of hard knocks and right now I have the bull by the horns. As a hoofhearted member my greed is driving out fear of the bull. I see several more million dollars in my future.
 
Weakness overseas today

6:29 am : [BRIEFING.COM] S&P futures vs fair value: -0.60. Nasdaq futures vs fair value: -6.50.
.
06:28 am : Nikkei...10360.34...-118.30...-1.10%. Hang Seng...23617.02...-162.60...-0.70%.

6:28 am : FTSE...5920.37...-44.70...-0.80%. DAX...7164.56...+9.00...+0.10

Bad for the I fund.
 
For the last two trading days the C, S, I funds have shown a total gain of 3.26

But the Dow has only gone up 0.11

Dont know if thats is weird or not, but there it is.
 
Wealth of TSPTalker$ has been going up this week nicely.

Lately, I have been logging the "Zero" position on the tracker - the higher the number the less traders we have in negative territory.
These are the readings:

1/24/11 402
1/25/11 518
1/26/11 532
1/27/11 587
1/28/11 612
 
nice job holdin' your ground, spreadin' it around, movin' on up.

i like your signature line, just wish i knew what it meant.

anyways, i clicked that thingy you said, and then it said something like you gotta give me rep before i can give you rep again and something about spreading it around.
 
nice job holdin' your ground, spreadin' it around, movin' on up.

i like your signature line, just wish i knew what it meant.

anyways, i clicked that thingy you said, and then it said something like you gotta give me rep before i can give you rep again and something about spreading it around.

Thanks Burro

I see you just changed your avatar :D

Think this bounce is going to hold till the market closes?
The general consenus seems to be the bottom is close to falling out...

As BT would say people on the tracker are clucking out. :laugh:
 
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Today could break big...

07:28 am : S&P futures vs fair value: +6.30. Nasdaq futures vs fair value: +13.30.

07:27 am : Nikkei...10274.50...+36.60...+0.40%.
Hang Seng...23482.95...+35.60...+0.20%.
FTSE...5922.06...+59.10...+1.00%. DAX...7147.18...+69.80...+1.00%.

Of course its the first of the month. :D
 
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