goforit's Account Talk

[goforit]

looks like someone pulled back the horses on this market. again it is not normal investing it is newsvesting and it faked us out again. i did however pull and protected my gains last week now i sit in 95G and 5S. i still believe this is going to go down alittle more and maybe friday i will grab some S fund share at a target price of 18.75- 19.25 that would be good. the seasonality does always looks good in NOV/DEC but this year is different so its going to be a hit and run attack for me. good luck to all.

 

[goforit]

i see the market is still see sawing away. i was gone out in the woods for the annual whitetail deer hunt here so i did not here news or work related things what a life i could get use to that. all in all i seemed to have faired ok while gone. still 95G 5 S my tarket price is still the same for the share price and i see i am getting close with todays drop. may have to buy ibnto the S more before the deadline tomorrow because well the black frdiday santa rush is coming and that may be a Quick buck for the the end of month short rally that the seasonality shows. HAPPY THANKSGIVING TO ALL!!

 

[goforit]

reading alot of "fear"(newsvesting) out there today and the market is responding down as usual. i am thinking of using my last NOV IFT to get all in the SFund because the share prices are falling below the 20$ mark and will fall further after todays action. the eruo fears and the US super committe fears are generating alot of this right now but... if you remember when the S&P 500 got down graded awhile ago many top investors and others bailed on fear that we could not get back what we lost. well it seems that only for a few days it affected the S&P500 and it came back and moved above some of the old resistance back then. can the same be happening now? is the smart money just baiting the dumb money to run away and drive the share prices down only to jump in themselves while the prices are down to profit off this time of years THANKSGIVING/SANTA "black friday" rally that usually happens for a week every year right about now. our government has always waited until the eleventh hour to agree on any kind of budget comprimise just look back a few months ago with the fear of government shut down. didnt happen because they figured it out because they want the money too. look at this thursday past they agreed on a budget to get them throught the weekend. i not saying i am just saying.. i now have about 30 minutes to get in at a bargain and profit for the next three days. i will let you know what ido if anything. currently 95G 5S. HAPPY THANKSGIVING TO ALL

 

[goforit]

did not move. to many people on this board seem to be moving out instead of in and some of them interpret charts well. i will wait for tomorrow and any kind of negative down turn will make me use my last IFT for this month but i will jump out as wuick as i jump in. staying 95G 5 S

 

[goforit]

bloomberg futures are up a little this morning. some indications of oversold but not extreme. i am going all in this morning to S fund. should have did it yesterday. going to look for a three day rally and maybe get lucky and nail two of them(wed & fri) will see what monday brings but will pull back to G. if i remember last Dec right, it started real slow but picked up steam about the middle of the month. my thought on that is that people do not have that "disposable income" like in the past so they are crunching budget numbers and waiting until last minute to get Christmas shopping done looking for the stores to offer steals. the consumers were reported yesterday on Nightly Business News that they expect to spend about 10% less on Christmas this year compared to last year. this may make the Santa Rally a bit non-eventful.

 

[cak165]

Why should there be a Santa Rally? Serious question!

 

[goforit]

good question. for a serious question i will attempt a seriuos answer. i believe what your asking is if all the big corps are making a record profit and unemployment is above 9% leaving many with out jobs, and the GDP was only 2% at latest look, the government cant agree on anything and the euro nations and it seems the asia nations have even worst economic crisis, then, why should there be a "SANTA RALLY"? in my beliefs Christmas is about giving love and fellowship to family and friends. a "packaged gift" is nice but giving of oneself is better and last longer so why not a "SANTA RALLY" if not for anything but to show love and friendship as is the true meaning of Christmas in my beliefs. hope that this was serious enough of an answer and by no means is meant to offend anyone.

 

[goforit]

hopefully everyone had a great THANSKGIVING. about the market, this day should erase the hit i took for wed and fri. maybe this is a start of the stronger end of month and begining DEC. OR maybe its is just what i think is called a "deadcat bounce". either way if a person were to jump out on nov 30th before the deadline would that go as a IFT towards DEC? i will see how this plays out for a couple of days but will wait with finger on the trigger. like said before i am doing a hit and run type for the rest of the year. i will be looking to get out about a week into dec if seasonality holds true wait for the share prices to fall again and jump in for the usually good finish dec has the last two weeks. we will see!!

 

[goforit]

well i timed that one lucky. went from -12% to -3% for the year. according to the tracker. i say this because i forgot to change the tracker once and missed getting a calculation added so by my numbers i am at 0.00% +/- 1% for the year from my figures. was going to pull out this morning got busy with work so i will have to wait for tomorrow. just a few things coming out tomorrow that could swing the market either way. i am only concerned with what appears to be moderate over bought thing going on and with the slow day today this may not play into action until next week. still 100% S

 

[goforit]

according to bloomberg the futures are up 145pts on the dow. may need to keep an eye on the open to see if the reports they are predicting will have a good impact. i have been playing hit and run so today i may take the money and run. seasonality is showing we have a couple of good days ahead after today but seasonality has been off most of the year. the share prices in the S fund have not hit 21.00$ yet so there may be a chance for a dip down. europe is having a meeting over the weekend about the financial stuff there so... well anyway you spin it, it is still a shakey economy any bad news will knock this market down. in my opinion this 7% gain this week in the market is great but there usually follows a couple of days of give backs. we will see. not sure if i will pull the trigfger today.

 

[Birchtree]

Roy would not like you pulling on Trigger's tail.

 

[goforit]

yeah poor roy. but poor trigger can't spell his name with these fat fingers. i am out before the deadline into 90G 10F. see some down side consolidation for about a week so when the share prices drop to 19.00 or more +/- .25(s fund) i am back in to ride the bull up and out of this year.

 

[goforit]

just waiting for another place to jump in.(hit and run). waiting for a consolidation to take place. the next four to eight days are normally negative with the exception of today(4th trading day) and thursday(6th trading day) according to seasonality. the share prices in S fund are pushing the 21.00$ mark. all this tells me a down hill move is coming and the share prices will fall to a point where i can get back in 100% to S and catch the last half of the month which is usually all positive. just my theory and since i have reverted back to this type of strategy (OCT time frame) i have climbed back from -15% to -3.25% on the tracker but one day of positive action did not get recorded because i forgot to change it so my own caculations show me at or near even for the year +/- .5%. currently 90G 10F

 

[goforit]

S fund share prices lost .07$ and are now at 20.72. need them to drop below 20$ during this week of seasonality down days and when (if) that happens i will be going 100% S to ride the Santa rally out for the year.

 

[goforit]

just found the monthly results of the tracker. i know it has been there all along but i never looked at it before. made me feel good i place 22nd for the month. now if only i can apply what got me there for the rest of this year i should be good. sorry about thebrag it just feels good for once to be able to say it as i have heard somany others do.

anyway keep falling down market i am just waiting for the shares of the Sfund to drop and jump in. it is setting up to look like next week because this ECB thing is having eveeryone scared and well they just have to "newsvest" or should i say not "newsvest" and that is ok with me because it should drive the prices down to below 20$.

 

[goforit]

friday was a good day for those that were in. today it looks like the market wants to give it back. oh...to jump in or not... seasonality says no but to be honest with you i really do not want to miss out on the end of year positive action. waffling today maybe wait for tomorrow.

 

[goforit]

nothing to really say except that after yesterdays down the S fund shares went down to 20.20+/- and the seasonality is suppose to be weak through the mid week. would like to see the prices get below the 20$ mark but futures were up this morning. today was one of two days i was looking at to jump in but i may wait now until the 15th to see if the share prices can fall below 20$. not going to wait to long because the end of the month is historically good and if i remember Jan the first week is also good. hate to miss it.

 

[goforit]

S fund did hit into the mid $19 per share i jumped in and so far have climbed 2% putting me at -1.27% for the year. i think that somewhere a long long time ago i had said that i went from -15% to - 3% using my hit and run tactic well i mis spoke it has actually been around -12.5% to today at -1.27% since about the begining of NOV that the hit and run tactic has worked. this Quarter i am 10.5% +/- .25 to the good. i use the share prices and seasonality and try to time a good jump in and dont be greety and jump out after a few % (3-5) is a good number for me. it is the buy low sell high. i have a $21.50 per share at the high end and a $19.25 at the low end of the Sfund shares as targets. YES i get lucky and time it right most of the time and NO i have not done any kind of how well it has worked except what i can remember and what the results on the tracker show me.

 

[goforit]

nothing new to say except bring on the run higher for this seasonality strong point. still in S 100% and still making money back. it feels good to be in the positive for the year. would like to get to a higher percent for the year so we wait and see what it brings us. looking at 29 DEC to bail out. i have not seen it yet but i believe that the first week of Jan is usually good due to all the credit bills being paid from CHRISTMAS shopping.

 

[goforit]

the S fund price is pushing towards 21.00 a share i have a target price somewhere near there(no more then 21.25). some people are saying we are now entering overbought territory in the market BUT... we cannot deny the seasonality. this week is the strongest week of the year and is never in a negative. we will see what the 29th morning of this week starts out like and maybe just maybe i will wait for Jan 3 to show what the new year will bring. if the first week is up the year is suppose to be good. pbs nightly business news reported that economic growth should be higher then this year but only by a fraction. but none the less it is still growth. HAPPY NEW YEAR!!