goforit's Account Talk

[Frixxxx]

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!!

Happy New Year to you as well...I hope we can hold on to the growth and make some money next year!

 

[goforit]

thanks Frixxxx well i did not move yesterday because i figured if the loss wasn't real bad(which it kind of was) i would just stay and get it back these last two days. so far at least half right now. i also figured that people on this board were saying that the market is in a overbought situation which made me think that we could have a one day consilidation thing going on here for the end of year tax stuff. this to me would set up a nice last two day gain everything back and maybe more to go into the new year with some positive out look for the first three days or so. i am holding my position and will until about the 5th or 6th and see where the S fund share prices are for my target of 21.00-21.25. everyone have a great news years party and dont drink and drive just have fun.

 

[goforit]

nice rapid start to the new year. i am looking for tomorrow to be up also. i am also looking at getting out before the deadline because of the decline for a few days after. for me it was nice to finish in the positive about 2% for the year but back in OCT i was down alomost 12% so made a good showing for the last two months. finished in the top 30 on the NOV and DEC tracker so that was cool. my goal is what i have done the last two months HIT AND RUN try to finish the year above 10% gains. only have about five years left and would like to at least double what i have on the books now. good luck to all this year and only you can be in charge of your TSP get involved with it if nothing at else just know where your money is.

 

[goforit]

well i was pleasantly surprised with a PIP of 6.39% to the good. made my year to finish that high. anyway i am going to wait today and stay in the seasonality seems to be not performing up to its normal. so... staying put until tomorrow and see what it looks like. i think this is just a minor consildation and people jockying for cash right now to pay credit bills but this is just my thoughts with NO facts behind it.

 

[goforit]

stayed put in S fund 100%. liked the finish for the day. what i dont like is hearing words from the experts on this board like: consolidation--extreme overbought--short term pull back--signals are saying buy but-- any way i am looking at pulling out today before the deadline. as one person here on the board likes to say "capital preservation" is a good thing. i believe there will be a pullback and do not want to get caught up in it. so i will just keep playing hit and run so i can live to fight another day. the S fund share price is getting close to my target of 21.00$ and this is been pushed a couple of times in the last few days only to see it go down a little so i will jump and wait for a place to jump in maybe around the 19.50$ mark if it drops that low. also i think the seasonality is going to play its part now that we are into this year and the next five or so days are red. take the money and run baby!!!

 

[goforit]

may have to look at my low point of entery number and put it a little higher. it seems we made it through the rough part of this month according to seasonality. i also add a new goal for the year of 2% per month which should give me a return of 24% by years end. i moved 100% G fund on the sixth before the deadline so i didn't get this last days of ups. thats ok there is more month left. i see the futures on Bloomberg are down right now.

 

[goforit]

just sitting here watching the wheels go by.... wait thats a song. (john Lennon)i think. still in G missed this slow climb up. making me rethink when to jump in. S fund shares just want to keep going up. the last part of the month according to seasonality looks good. maybe i will use my last IFT and put some in. would like to get my target of 2% a month. only have .35% to go. if there is a sell off soon i will jump all in but if not i may just go 30% or so. just waffling on the pad.

 

[goforit]

well just watching as this thing muddles higher is not easy. i will remember next time if i think i should get back in and everything is moving flat to small ups to at least put some in to get some plus earnings. the last part of this month is pretty green on the seasonality so here is hoping for a pullback of some kind today so i can get in to finish the month off. good luck.

 

[goforit]

nothing to report just sitting in G with an IFT and well not going to make my 2% a month unless i put in something today before the deadline. all funds except F are down and last week the dow finished in negative territory overall for the week. what does this mean. consolidation? profit taking? with facebook looking to go public it might stir some more rise is it worth one day to get some in just to use up the IFT? do not know but...

 

[goforit]

i decided at the last minute to use up the last IFT for this month. went 75G10C10S5I. i will bail out at any sign of MAJOR trouble but really going to look for a pull back in febuary to go 100% into one of the funds. i have not had good timing so if i am going in it will most likely pull back the next day too! but here's hoping for a little gain.

 

[goforit]

hello all did you miss me. most likely not. everything is still the same for my allocations of funds. i do however like this little pullback and the futures are indicating a down day today too. maybe today is the day i put all in. the last part of FEB according to seasonality shows it may be a small up and down until the last day or so. What is something of interest is the Geece bailout having an issue and the down grade of several countries(again). also it sounds as though a few banks will get a punch in the nose by this MOODY thing.

 

[goforit]

i was trying to move yesterday before the deadline but i could not get to the TSP site to do so? i think it was a local problem, anyone else have this problem? i was not able to get there to move so i am still at the 75G10C10S5I. i would have liked to be in today and tomorrow because according to the seasonality these next two days spend most of their time in the positive and the last trading day is a whopper of a return. looking back at last years charts we had close to the same actions as far as the numbers are last year was around the 1325+/- and this year is around the 1350+/-(S&P 500). one difference i see is that in 2011 we had a little dip for a day or two and then it started higher and this year that dip is not there(yet). it seems that even though most of us thought FEB was suppose to be the pull back month and we kept waiting for it to materialize. i think that it was a consolidation month and the leaders recognize that and stayed fully invested(nice job). with the oil prices rising lately and people are saying it could go as high as 130$+ a barrel tells me the dollar is getting weaker again which to me is evident by the I fund rising. the euro has come from roughly1.25$ up to 1.32$ in the last month or more(not sure how long it actually took) and that tells me the I fund could be a place to go again because i remember the euro hitting as high as 1.43$ not to long ago. so long story short i will jump in 100% divided between the S/I today before the deadline and be ready to jump back out if needed. currently i am .88% off my goal of 2% a month. happy investing.

 

[goforit]

so i see the afternoon is a different story for the markets accept the I fund. went in 100% to I fund before the deadline. i did it because well i think its time i explained why earlier plus well its really just a gut feeling and i know you shouldn't trade on feeling but... anyway the I fund will prevail and its been behind for awhile plus i believe that for the month of Feb it is the fund that earned more then the others. it also seems that the euro market has always lagged behind the US market. it took about 9mos to a year for the eruo market to start to recess after the US and the same for when it SEEMs to be trying to come back like the US has and the US has somewhat maintained for about six mos or more. its worth the chance. cant be one of the 208 millionaires in TSP without taking some high risk high rewards shots once in awhile.

 

[Birchtree]

I've been dipping into STO on a regular basis acquiring a nice block. They pay a good dividend for a long term reinvestment plan.

 

[goforit]

thanks for the info, Birchtree

 

[goforit]

so i see bernanke spoke again and well the market reacted. went 100% I fund yesterday so i may take a hit today but the I fund train looks ready to take off from the station full speed ahead. oil prices usually go up because the strength of dollar weakens which strengthens the euro which sends the I fund up. Heres to those that believe in the I fund and hopefully it will make a believer of me again its been awhile

 

[goforit]

well it didnt take off YET but i will hold I fund 100% for awhile. nothing really to say but i may have jumped in a little late this time because so many people on this board are expecting a good pull back, even some of the seasoned vets on these boards . i will jump to safety if needed. goal is 2% a month not to far off that goal but have some to make up. maybe the first two weeks of march which is historically positive will get me back.

 

[goforit]

come on I fund make a believer out of me. i will hold 100% I fund. i lost a little so i am sitting at - 1.5% off my goal for the year so far BUT.. lots of year left and we haven't hit the good trading months yet. this may be the little pull back i had mentioned below that happened in 2011 and then it went up from there. only time will tell. the best thing about TSP is i can jump in or out at anytime provided i di not use all my (2) IFT's for the mont and am in G fund. Looking at going F fund in mid APR because i believe that May and beyond is pretty much junk for earnings we will see....

 

[goforit]

no change to my status but i most likely will jumpf from I 100% and play the capital preservation game for the rest of the month. it seems the seasonality may have come back into play in a "normal" fashion and well the rest of the month doesnt look to profitable.

 

[Birchtree]

I'll pick up what you leave on the table providing my pockets are deep enough.