Intrepid_Timer's PUBLIC Account Talk

Don't know, just doing what the numbers tell me to do. I'd expect a buy back in signal late next week or early the following week.,,,,,,,,,,,,,,


Interesting, IT. You're one of the few traders I've read who sees this surge as a fake-out. Just curious, how low do you think this thing will go, before the Santa Claus Rally kicks in?
 
Not Santa Claus - it's prez caving in to rich repubs.

Interesting, IT. You're one of the few traders I've read who sees this surge as a fake-out. Just curious, how low do you think this thing will go, before the Santa Claus Rally kicks in?

This is no santa claus rally; this is Obama changing parties and hinting he is going to support extending the bush tax cuts. Without that extension on the horizon, you're looking at 10% cliff-drop the instant the bush cuts expire.

The other indication of Obama's senility is the idea of cutting government employees because average salaries are higher than comparable state/county workers. And why is that? Overpaid SES/appointees, and some other top-heaviness. More giving to the rich and taking from the poor.

Wonder what his deficit commission thinks of this nonsense?
 
You've got quite a few watching and waiting....don't forget us and maybe give a heads up.

'Own due dillegence' comes to mind here. IT may have some very good systems, however, he & others (incl. myself) still fell into the recent bond market trap.
 
Don't know, just doing what the numbers tell me to do. I'd expect a buy back in signal late next week or early the following week.,,,,,,,,,,,,,,

I somewhat feel like I might be missing the early train, but I have confidence in your system. I can't but help feeling that the bottom might fall out soon though. But what do i know. ;)
 
'Own due dillegence' comes to mind here. IT may have some very good systems, however, he & others (incl. myself) still fell into the recent bond market trap.

Others includes me....but not close to my most boneheaded moves.....my worst three IFT's this year.....total over 8% lost within 2 days of making them. The multiplicity of death and golden crosses nailed me and then some. I'm lucky to be only a fraction negative for the year.

So....how do I get on I_T's mailing list?
 
Bond bulls are getting slaughtered and it's about time - put the hurt down heavy.

Remembering recent phone calls I received from "advisors", I'm wondering how many of the "bond bulls" are the run of the mill "investors"/savers who just follow some advisor's words. And if many, what effect that will have on their habits after the next quarterly statement.
 
If you haven't noticed yet - they blew the doors off the I fund today. A real rocket blast. I took a 10% bite on it today but I had to pay up for it.
 
Euphoria is reigning on CNBC Squawk Box this morning. Is that one of those "contrarian indicators"? :)
 
Bond bulls are getting slaughtered and it's about time - put the hurt down heavy.

I had a bunch of bond mutual fund investments. Watched them really, really tightly and sold when I saw the dangers. I would have sold a week or two earlier than I had, but I didn't want to pay transaction fees. Still made a decent profit.
 
IT - was in meetings yesterday & couldn't make a move so I had to wait a day to follow your system. Sold FAS @ $23.90 & bought FAZ @ $11.20. Now I know why I need to sit in meetings!

BTW - love you system, thanks for this!!
 
agogley,

I'd be interested to know where you plan to reinvest that money and when. Just curious.
 
Congratulations to abrimm, number 100 on the email list!! Your new car is the mail!! :p

We are currently sitting at 109..................
 
I see a whole lot of TSPers are jumping into equities today. This tells me a pull back may be imminent.............:blink:

Good luck everyone!
 
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