Intrepid_Timer's PUBLIC Account Talk

Off with his head! :twak:

I actually had some time today to read more about the premium service, and although I would like to become a member as it would be valuable to me, I just don't understand some of the things mentioned in the "frequently asked questions" section; such as "EFT", etc. I wished there were more clearer explanations of how it all works. I understand that it would require me to make more time to perform certain moves as well as check emails, etc.
 
It's really not all that difficult. Investopedia dot com is a good place to start to learn the terminology. The ETF and mutual fund trades are all for trading outside of TSP, where we can make more money obviously. When my system says "buy", we buy. When it says "sell" we sell. I actually give my signals an hour earlier now than I use to, so it gives TSP traders an hour and half to get their trades in that day now. All my trades are given from the same system, we just have more trades outside of TSP, where we have to be selective because of the IFT rules. My service isn't for everyone, but there are others out there that might be.

I actually had some time today to read more about the premium service, and although I would like to become a member as it would be valuable to me, I just don't understand some of the things mentioned in the "frequently asked questions" section; such as "EFT", etc. I wished there were more clearer explanations of how it all works. I understand that it would require me to make more time to perform certain moves as well as check emails, etc.
 
It's really not all that difficult. Investopedia dot com is a good place to start to learn the terminology. The ETF and mutual fund trades are all for trading outside of TSP, where we can make more money obviously. When my system says "buy", we buy. When it says "sell" we sell. I actually give my signals an hour earlier now than I use to, so it gives TSP traders an hour and half to get their trades in that day now. All my trades are given from the same system, we just have more trades outside of TSP, where we have to be selective because of the IFT rules. My service isn't for everyone, but there are others out there that might be.

Intrepid ... do you think your system might apply to individual stocks ... or is it only applicable to funds?
 
Intrepid ... do you think your system might apply to individual stocks ... or is it only applicable to funds?

It can be use with individual stocks. If one pulls up a longer term chart of a stock and compares it to the S&P 500, as long as long as they follow the same general direction (which most do), it will work with my system. The about individual stocks though is that one little piece of bad news about the company and the stock can plummet, or one piece of good news and it can spike higher, which would hurt if you are short. Those things can't be evaluated by my system, which functions more on a global scale.
 
That's class, Intrepid ... you didn't have to do that!

What a lot of people don't realize (or have forgotten), is that I actually lowered my annual subscription fee by another 25% for awhile in 2012 after a disappointing return in 2011, which happened because of some adjustments that I made that didn't pan out. I still made 8.44% while the S fund was in the red though. I didn't lower the monthly fee because let's face it, monthly subscribers can quit anytime they want to if they don't think the service is worth it. Last year was disappointing as well, but it wasn't because of my system or anything I did. It was because of the IMF, which I talk about in my end of year report. With well over a year of new data under my belt, it appears as though I've gotten it figured out again. My system might even be better than before. Only time can determine that though...................
 
Keep reading articles from the gloom and doom side, so just trying to be a bit more optimistic here. :) Last year I lost over 50% in my trading account outside of TSP. Was it the end of the world? Nope. You fix what's broke and move on. Already up close to 50% this year, which is more in line with year's past. Let's get past this virus crap and move on. Won't be easy, but there is NO ALTERNATIVE. Come together and live, or keep picking sides and die....


https://pjmedia-com.cdn.ampproject.org/c/s/pjmedia.com/trending/what-the-media-isnt-telling-you-about-the-united-states-coronavirus-case-numbers/amp/?fbclid=IwAR1C143Ub8kUxzM0XiRc2nG941g1riNBWAMwVeUqzwa8GE2Uiw0-LK8WEHw
 
There is some really great analysis being done by reporter (former NYT) Alex Berenson on the Wuhan Virus (oh, did I just call it that? Well, yes, yes I did) on his Twitter account (https://twitter.com/AlexBerenson). His focus has been mainly on hospitalizations and the number of available beds in various places across the country.

For example, he referenced the CA COVID-19 public dashboard to point out that to date, there have been ~2,400 COVID-positive hospitalizations out of 73,000 available hospital beds. Another 3,200 hospitalizations are test pending. Approximately 1600 ICU patients. Meanwhile, hospitals across the country are furloughing or laying off employees, cutting doctor/nurse salaries, and are reducing capacity due to reduced revenue, in part because of the ban on elective procedures due in part to the expected surge in COVID-19 cases that hasn't yet come. I know, I know, the surge is coming, so what happens when hospitals cannot operate at full capacity due to staffing shortages?

I used to live in Upstate NY (Syracuse, REAL Upstate NY, not Westchester County). We Upstaters hated being lumped in with NYC. I wonder if the whole country now knows what it feels like to be considered synonymous with NYC, even in CA. However, even in NY, at least some model projections are way too high (https://twitter.com/AlexBerenson/status/1246825831864963073)

For many, this has been a serious virus with serious consequences. I continue to pray for them, as we all should. But, I wonder if our "serious" response will result in consequences just as devastating, for more people. But, no I am not a doctor, a hospital administrator, or an economist, so I'm just speculating of course. Nevertheless, I will also pray for the millions of people impacted by the world's response who do not contract the virus or are asymptomatic.

Happy Palm Sunday everyone, stay healthy during your house arrest.
SC
 
Last edited:
Back
Top