Frorule's Account Talk

[J-Trader]

Hey all! Well, I am joining the Autotracking party. Better late than never. I am starting 2010 in the G fund. The smart $ says a dip is coming...sooner than later. We'll see.

 

[J-Trader]

Buying on weakness. Going 100% C today. The strength in the dollar concerns me, but my 2 techniques are both on buy signals today. Will probably sell next Monday...because aren't all Mondays huge up days?

 

[nasa1974]

Buying on weakness. Going 100% C today. The strength in the dollar concerns me, but my 2 techniques are both on buy signals today. Will probably sell next Monday...because aren't all Mondays huge up days?

Actually Mondays on average lost money. There where more down days than up. It will take me awhile but I will put the numbers together.

 

[J-Trader]

I'm not following ya. Perhaps if you go all the way back to March it may be a different story, but since the beginning of November, 11 out of 12 Mondays have been positive!

(5 out of 5 in Nov)
(3 out of 4 in Dec)
(3 out of 3 in Jan.. although I'm counting this past Tuesday as a Monday)

I would love to see the numbers to back up your claim.

 

[nasa1974]

I'm not following ya. Perhaps if you go all the way back to March it may be a different story, but since the beginning of November, 11 out of 12 Mondays have been positive!

(5 out of 5 in Nov)
(3 out of 4 in Dec)
(3 out of 3 in Jan.. although I'm counting this past Tuesday as a Monday)

I would love to see the numbers to back up your claim.

Did a quick eyeball survey. I must have had my eyes crossed. I was going to E-mail my info home for posting this evening and forgot to attach the info. DUH!! Anyway you are correct. I will post the information tomorrow. As I recall Mondays where not very profitable but did end up on the positive side.

 

[Steadygain]

Buying on weakness. Going 100% C today. The strength in the dollar concerns me, but my 2 techniques are both on buy signals today. Will probably sell next Monday...because aren't all Mondays huge up days?

Your insights are greatly appreciated !!

I'm looking for 'fresh blood' -- 'fresh ideas'

Weakness is always good to go in on and will likely hang on a little longer.

Going 100% is a very confident move -- shows actions are every bit as loud as the words !! So far you're doing Great !

Going with the S&P 500 -- is showing you are investing (not in some trivial shoot in the dark company that can fly or fail) -- but you are going with the most Solid of the SOLID -- the Stable Companies that are entitled to be in the S&P.

Dollar will wax and wane -- it's cool :cheesy:

Well thank you for sharing the 2 Techiques ... You got me on board.

 

[Steadygain]

11 out of 12 Mondays have been positive!

As I recall Mondays where not very profitable.

There are only 2 Solid things that make 'Monday' Special.

First -- The Mamas and the Papas -- Monday Monday
Second -- 'Just another Manic Monday'


Anything related to the Markets is just Hype -- :laugh:

Probably be better to come up with ... did you know every full moon that occurs on a Friday .... still is probably coincidental


Later man -- keep your stuff coming -- so far so good

 

[J-Trader]

@ nasa: Look forward to your data.

@ Steadygain: Thanks for the warm welcome. 1 of my 2 techniques is showing a sell on Friday, and the other one I won't know until the day it happens. The reason for the C fund is to hedge my bets against a possibly rallying dollar, which would kill the I. And I usually love the S, but I feel the January effect is waning. So, 100% C it is. This will be a nimble move, I hope. I am generally bearish right now, so the less risk the better right now. I will keep ya posted!

Tomorrow should be a big up day. But what do i know...

 

[Steadygain]

Steadygain: Thanks for the warm welcome. 1 of my 2 techniques is showing a sell on Friday, and the other one I won't know until the day it happens. The reason for the C fund is to hedge my bets against a possibly rallying dollar, which would kill the I. And I usually love the S, but I feel the January effect is waning. So, 100% C it is. This will be a nimble move, I hope. I am generally bearish right now, so the less risk the better right now. I will keep ya posted!

Tomorrow should be a big up day. But what do i know...

Thanks !!! It all sounds very solid.

Since the PLAN at this point is to 'buy' on a weak day like today...

...and make a quick 'sell' after a day or two of big gains...


I would suggest openly making the comment:
'And that's the way to do it Suckers'

That would add a lot of style to your game plan and as your investments just keep building on one another -- will all the more make you stand out as a Mega King

None of us will be offended by those kind of comments either; instead we will all be in awe at how easy you make it look.

I honestly hope tommow it one of the Biggest Days we've had in the past month or more.

GL - and thanks

 

[nasa1974]

OK! After retiving my data and admitting that I erred on Monday's being a good trading day. If you where in the market only on Monday's here is the yearly return:
G fund 15 cents
F fund 41 cents
C fund 48 cents
S fund 34 cents
I fund 22 cents

Atached is all the Monday's of 2009. It is in an Excel spreadsheet.

 

[J-Trader]

Cool, thanks a lot for the data. I wonder how it's been since March 9. I'll check it out.

As for today, well, today just sucks. I see SPY almost nailed the 50 day moving average by .05 of a point. Hopefully, it's up from here.

Good luck longs.

 

[J-Trader]

Going to 50 C & 50 F from 100% C. Mercy rule.... Probably indicates capitulation on my part which means we'll rally from here. Hence, the 50% C.

 

[J-Trader]

This isn't necessarily TSP related, but more for my personal trading account...

As an FYI to anyone that's listening, I'm getting a "buy" signal today, effective at the close. The signal will hold as long as the $SPX remains below about 1176 today. Any higher and the previous signal prevails... which was to short at the close yesterday.

I've started a blog to post my system's signals if anyone cares. Thanks!

 

[Birchtree]

Cool - I'll check in on occasion.

 

[Handballer]

Thanks. I'll check out your blog. Hope its an award winner.

 

[J-Trader]

I am getting a "sell" signal today. And thanks to godaddy, I have a new link to access my signals... woo hooo. www.buysellmodel.com

 

[J-Trader]

I am getting a "sell" signal today. And thanks to godaddy, I have a new link to access my signals... woo hooo. www.buysellmodel.com

Sell signal is trying to morph into a "buy" as the day unfolds. I swear. If the 2 IFT's per month doesn't get ya, the noon deadline will. Down with these silly TSP rules.

 

[J-Trader]

The POMO (QE2) train is leaving the station. I'm getting in while the getting is cheap. 100% S. Anyone reading this should probably consider staying in the G fund as a contrarian play. Finally, here's another plug for my swing trading signals. www.buysellmodel.com

Have a good weekend all!

 

[J-Trader]

Well, that worked out well, wouldn't you say? Told you all to stay in G.

Any rally attempt this week and I'm outta here! 1195ish should be strong resistance. That's my target.

 

[Intrepid_Timer]

You did try to tell us..................