Geaux4it's Account Talk

Wow-
Memo to myself.

Don't let the morning futures brighten the drive to work.

las time I sold on the news I got burned. This time I stayed in and feel pain coming.

This is a prelude to what I anticipate to be ~8% correction.

JMHO

Geaux
 
Wow-
Memo to myself.

Don't let the morning futures brighten the drive to work.

las time I sold on the news I got burned. This time I stayed in and feel pain coming.

This is a prelude to what I anticipate to be ~8% correction.

JMHO

Geaux

Well, I stand by my statement yesterday that we have more pain coming. Problem is I thought it was coming tomorrow and not today so I took the hit with everyone else today. But I'm on the beach in the 'F' fund and realizing I'm lucky to still be up a little over11% for the year.
 
It's obvious the Bears are on the dance floor. There has been a ton of good news out this week that in most cases would have pushed us up nicely. But what has happened is the market is ignoring the good and focusing on whatever 'bad' news comes in for the day. For instance todays railroad excuse to tank. :confused:

To far, to fast equates to tanking on the slightest negative news.

Geaux
 
Investors have to get over the feelings of trauma they faced during the financial crisis - this is what happened during the 2002-03 beginning bull - and that run lasted 5 years. They are making a classic mistake staying on the sidelines - but hey, it's not my money is it.
 
Investors have to get over the feelings of trauma they faced during the financial crisis - this is what happened during the 2002-03 beginning bull - and that run lasted 5 years. They are making a classic mistake staying on the sidelines - but hey, it's not my money is it.

Mine either, well, except 20% of it..:)
 
Well crap- I just got the snot beat out of me the last 7 days to the tune of 10K. I know that's not much to some but it's all in your perspective.
 
As the elevator operator used to say, 'Going down'?

Should of let AIG fall to the depths of hell the first time. eh?

Geaux
 
Geaux4it, I like your avatar. Do you actually fly something like that or did you just like the picture?
 
Made a command decision a week or so ago. With 5 years and 10 months to MRA, I have come more conservative. I was moving funds around and holding my own.

With that said, I took ~65K and put it in S and C and have turned away. If it goes to zero I'm done. That's the level of risk I can accept (based on MRA) with 20% of my balance.

I went long w/20% and can't look back. Need all the help I can get with the crappy FERS system and the less than desirable health care coming our (Fed workers) way.
 
Still hanging tough with 20% in. To say this market is in a 'funk' is an understatement.

For those of us with 5 years to go until MRA should be taking a hard look here.

If the bears blast through 1050 we are hosed.
 
Almost sold Friday's news which would have led to the inevitable outcome.


noose.jpg


-Geaux
 
The VIX has been going down nicely with it down 6.66% today.

Looking for stocks to beak upward.

Geaux
 
Just listened to John Mauldin of Millenium Wave Advisors on Bloomberg and he thinks we are one trigger away from a double dip. Traditionally, a 40% drop in stocks results.
 
For those of us with 5 or less years to go until retirement, this wet blanket is weighing down our TSp growth in what is essentially the 11th hour.

What a drag....
 
Today I used my 1st IFT for August and went 50/G - 50/S. My exit will be if I suffer a 2% loss.

Rolling the dice on the bottom after manipulated jobs report. :suspicious:
 
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