Geaux4it's Account Talk

[Geaux4it]

After sitting out in the 'G' fund for a tad, I inched back in COB this past Friday at 25/S and 5/C.

It is hard to believe Europe would not get something done.

 

[Geaux4it]

Well the W4500 looks like a hot rock down an elevator shaft here with 30 minutes before close.

 

[Geaux4it]

Futures flat at the moment.

Looking for a break to the upside. Santa wants $$ not milk and cookies.

 

[Geaux4it]

Still hanging on w/ S-25% and C-5%.

Let's have that conference call out of EU move this thing higher.

 

[Geaux4it]

Finally making some hay. At least bailing what was cut down the past few days.

 

[Geaux4it]

I have an explanation why the markets are up today.

It was a group effort.

 

[Geaux4it]

I like to keep an eye on the VIX as so it goes for the most part, so goes the market. The below chart from the last 3 months of the year appears to support that train of thought.

 

[Geaux4it]

Today is good on 2 fronts.

Claims report hopefully continues the trend to Obama's defeat in November. Plus the market may be thinking QE3 again. /\ /\ /\

-Geaux

 

[Geaux4it]

It's The Fundamentals, Stupid! | Zero Hedge

[h=1]It's The Fundamentals, Stupid![/h]

 

[GrandeBabbo]

I think you are right on the money. Fed says it might taper to take the air out of the equities but realizes it has no other option but to continue QE.

 

[Frixxxx]

Nice chart, good to see you Geaux4it......been awhile!

 

[Geaux4it]

I think you are right on the money. Fed says it might taper to take the air out of the equities but realizes it has no other option but to continue QE.

Follow the money

-Geaux

 

[Geaux4it]

Nice chart, good to see you Geaux4it......been awhile!

Thanks- More of a lurker than a poster

-Geaux

 

[Geaux4it]

Headlines today, 'Market down as concerns over Taper prevails'.

Goes to show just how dysfunctional this market is. Last Friday's job report also brought 'concern' of taper yet the market spiked ~1%. Today, taper concerns causes a sell-off.

Check

-Geaux

 

[Geaux4it]

Sitting on the fence today in 25/25 C&S. Before my 0830 meeting I will have to make a decision. If the market is chopping along then its sale central. If we can't rally with CATS good numbers, and taking into consideration last weeks chaos, then I think we could see a more broad move to the downside through the end of the month.

-Geaux

 

[Geaux4it]

Well I decided to hold my 25C/25S/50G position as we have been chopping along here. With the positive GDP report this morning, I am leaning toward increasing my positions in the C&S (1 IFT left for the month) because I feel they are way over sold. But my question is when does the 10 year start to awaken. It's recent opposite direction is puzzleing. The whole house of cards is in flux...

-Geaux

 

[Geaux4it]

Starting to feel like I'm hitting the home stretch of my career. Unless things change dramatically at work, I will indeed pull the ejection handle June 2016 at MRA of 56. In government terms, 22 months is actually like tomorrow. What an awesome feeling to be working on budgets and participating in TEWG's for programs coming after my retirement date which leads to my comments for young TSPer's.

Start now. Yes, retirement seems like many moons from now for you but it's not. Whoever coined the phrase, 'Life is short' actually knew what they're talking about. I remember the old timers who sat me down on my first day of work in 1984 telling me to invest in an IRA or other accounts. The TSP was coming on board and they told me to pile on. Albeit my salary (WG at that time) was peanuts, 10% was still 10% of my salary. I guess the point I'm trying to make here is.... Max out your contributions, invest 100% and get on with your career. If I was still in my first decade of employment I would still do the same thing. Invest 100% and go long. You have the time to ride out a steep valley that all the pundits are predicting, and still recoup any dip that you encounter.

It's better days ahead for Civil Servants come 2016. I truly believe the government will be a boom town again much like we saw in the 90's. There will be a significant pullback in stocks at some point and the young TSPer will be in the catbird seat. There will be some gains to be had soon and the younger demographic at TSP will be adding to their account base for some years to come.

With that said, I'm more conservative these days using just 70% of my balance to invest in the markets. Like the FED, I'm starting to taper.

-Geaux

 

[Geaux4it]

Just cruising by..

Hard to believe I have been retired 7 years already. Having my best year relative to returns.

I invest 40% in stocks and so far a return of 14.7% YTD. My auto tracker is hosed up but yea, its been a good year so far.

And yes, every day is Saturday :smile:

EDIT- Sorry, I see I should of replied to one of my old threads instead of creating a new title? fAiL

 

[Whipsaw]

Glad to hear you're doing well. Don't be a stranger! Stop by anytime...

 

[tsptalk]

Good to see you again Geaux4it! Glad retirement is treating you well.