James48843 Account Talk

[tsptalk]

I'm bailing out today. We've had a nice run upwards- but I think it's time for a rest. So I am parking on the sidelines- my second move of the month. good luck.

Nice job keeping your gains. Sure, there may be more ahead, but why not wait for a pullback and a higher odds set up? Nice! I'm jealous.

 

[James48843]

I'm going all in.

40% "S"
40% "I"
20% "C"

I'm a sucker for punishment.

Wish me luck.

 

[Birchtree]

Nows that's what I like to hear - nothing like a little pain to keep you on the right side of justice. I can't believe the fun really starts after 1500 hours.

 

[DCguy]

I still think this is just the pump and dump action before the fall. I've been out of the market for over a week. I waited too long and I missed the rally. but I think I will just wait 3 more days to hear what the govt says about the bank stress test. 100%G till thursday..

 

[airlift]

I'm going all in.

40% "S"
40% "I"
20% "C"

I'm a sucker for punishment.

Wish me luck.

I do wish you luck. I am holding G a little longer.

 

[turbo23dog]

Who would guess that SP at 900 would be a good entry point????

 

[KevinD]

In an uptrend, any entry point is a good entry point, right?

 

[Boghie]

Just think positive...

Until November 2008 you never had the opportunity to purchase shares in the 'C Fund' for less than $10 bucks. When the 'C Fund' initiated it started at $10.

You are now purchasing S&P 500 shares at a pricepoint we haven't seen since maybe weeks after inception of the 'C Fund' using inflated dollars.

The joy of DCA:toung:

 

[DCguy]

I still think this is just the pump and dump action before the fall. I've been out of the market for over a week. I waited too long and I missed the rally. but I think I will just wait 3 more days to hear what the govt says about the bank stress test. 100%G till thursday..

I fund is looking good today because of -FV. I fund will probably drop below $14. But the foreign markets are closed for the holidays and I will just wait till bank stress test result is announced. I think everyone kinda knows what to expect from the govt about the stress test. This market will probably drop on Thursday. I'll just wait. I'm hoping for the big drop. This market will probably drop today and then bounce up tomorrow and then drop again on Thursday and Friday. I'll jump in on either Thursday or Friday.

 

[James48843]

Thinking we're due for a pause. Bailing out to "G", maybe only for a few days. We'll see how it works out.

 

[James48843]

The hair on my neck is starting to itch again.

Looking for a possible exit point soon.

This market is not acting rational right now. I've had a great run up, but I feel a pause in the air due any day now.

 

[fabijo]

This market is not acting rational right now.

Is it ever rational?

 

[James48843]

I am REALLY having a hard time today deciding whether to bail today or not. It's been a great run, but I am thinking we're going to get a nice pause here someplace. I am thinking a one, two or possibly three day clip out -and then back in at lower- might be possible here.




To bail, or not to bail.

That is the question.

 

[James48843]

I bailed.

70% over into "G" for safety today.

Looking, hoping, for a small break lower, to be able to buy back in very soon.

 

[Birchtree]

If we can do 1053.00 on the SPX this week decisively then the next upside target would be 1153.00 before any mild correction arrives.

 

[WorkFE]

Come on 1053.:cheesy:

 

[KevinD]

1052.63

 

[phil]

I bailed big time too. I might regret it, but went 100% G yesterday. I'm disturbed by market volatility in Sept/Oct.:worried:

Sometimes you play, sometimes you walk away from the flop. I'm walking.

I bailed.

70% over into "G" for safety today.

Looking, hoping, for a small break lower, to be able to buy back in very soon.

 

[James48843]

I had jumped back in- but now I am thinking it's time to call it a month. We've had positive months for seven months now. That hasn't happened since 1998. And there is nothing showing yet that really says we justify continued northward pressure.

In the morning, I will be reassessing, and thinking about jumping out here. It's been a nice ride up, but those hairs on the back of my neck are starting to say it's time to go once again.

 

[James48843]

I call a short term top yesterday. Thinking we're going down this time. Yesterday's top was not as high as the previous one, so I am thinking we're about to get hit prettyhard.

off to the safety of "G" today.

bye