James48843 Account Talk

[James48843]

Well, it looks like the move on Friday into a great deal of "G" seems to have been well timed. I am currently sitting at: 50% "G"; 40 % "F"; an d 5 % each in "S" and "I" for good measure.


I noticed today the "S" fund P&F Chart broke down for the first time in two months. That tells me I made the right mnove to bail out to G on friday, and now I'll sit out on the sidelines for at least the next few days and take in what is going to happen next. I am thinking we're in for about a 3 to 5% downside, but there was a lot of strength this afternoon, so it might not make it that far. I am 80% comnvinced we're about to have a little dip here. Just temporary, I think.


Anyway - here is today's "S" Fund data:



WIth that break, I expect it to move downwards from here a bit- maybe 665- or even 660 on this chart. If it did, that would be a half-retracement. I think we're going to do that.

We'll have to wait a couple days and see what shakes out before making a firmer guess and looking for a re-entry point.

 

[nasa1974]

Hindsight being what it is I wish I was in the G fund. Of course it may happen soon anyway if things don't pick up.

 

[tsptalk]

Well, it looks like the move on Friday into a great deal of "G" seems to have been well timed. I am currently sitting at: 50% "G"; 40 % "F"; an d 5 % each in "S" and "I" for good measure.

Good call, Jim!

 

[James48843]

the "F" fund kicker strategy appears to be working.

Yes!

Chi-ching.

 

[MaStA]

Are you heading over here to Michigan? I'm an Air Force recruiter in ghetto Flint...gotta love it. In July I'm done with recruiting and I'm moving to New Mexico. What a change that will be...

 

[RealMoneyIssues]

Are you heading over here to Michigan? I'm an Air Force recruiter in ghetto Flint...gotta love it. In July I'm done with recruiting and I'm moving to New Mexico. What a change that will be...

From the freezer to the frying pan... sounds like a lot of food that I cook

 

[James48843]

Nice- moved up eight spots today--AUTOTRACKER UP from number 19 to number 11! YES! I'll take it.

No bottom in sight yet.
Sitting nicely off to the sidelines while things shake out for a bit.

have a great day.

 

[James48843]

Are you heading over here to Michigan?

This weekend. Just struggling in DC Today. Will be back in MI on Friday, if all goes well.

 

[MaStA]

This weekend. Just struggling in DC Today. Will be back in MI on Friday, if all goes well.

Do you live in Michigan as well or are you traveling here for business?

 

[James48843]

Sitting 50% "G", 40% "F", and 5 % each in S and I.

 

[James48843]

My allocation is as neutral as you can get. Again today everything balanced out to a net zero.

 

[James48843]

Happy Friday the 13th.

It hit me today.

Locked my carkeys in the car today.

Saw them hanging in the ignition just as I let the door go to slam it shut.



Arrggh.

I hate when that happens.

Luckily I was able to get Chevrolet Roadside Assistance send help to open it up. Lost about an hour, but at least I didn't have to have my wife drive 90 miles to bring me a spare key.

first time I locked my keys in my car in probably 30 years.


I chalk it up to Friday the 13th.

 

[Birchtree]

That's enough to walk a mile for a camel.

 

[Handballer]

That's enough to walk a mile for a camel.

So this is how you got Post count so high. So I add another one to my count.

 

[James48843]

Seriously looking at maybe moving back into stocks today. The P&F charts are forming nicely filling in the gaps and working within the ranges of the up and down waves we've recently been experiencing.

I'm thinking at this point that I am about 75% sure I want to move back in and catch a short term wave, with a buy in to the "S" fund likely today.

Then I would ride a wave back upwards next week, and bail back out again. That would be the plan, anyway, based on all the stuff I am seeing in the P&F charts and the regular charts.


I won't decide for sure what to do until noon today, but I am very, very close to that decision right now. I like the nice fall this morning. It was what I was expecting, and I think it will be a little more red yet. My hesitation is only, in part, that the down cycle may be a little more bit down on Monday, and I might be able to buy better then. But this is a pretty darn good opportunity right here, right now, in my thinking.

Good luck.

 

[James48843]

I pulled the trigger and am moving to buy into this fear.

Went 100% "S" fund COB today.

Thinking it will be a short term turnaround- maybe a week to catch the swing north next week.

Wish me luck.

 

[James48843]

Yes!

After the bloodshed on Friday, and the lower futures numbers last night, I'll gladly take a small postive today, which sets up a great spot from which to bounce higher over the next few days. Counting on the next several days being to the good. Good luck!

 

[ILoveTDs]

Yes!

After the bloodshed on Friday, and the lower futures numbers last night, I'll gladly take a small postive today, which sets up a great spot from which to bounce higher over the next few days. Counting on the next several days being to the good. Good luck!

Seasonality over the past 8 years for late this week are on your side for a positive upswing. If I only had two more IFT's I'd get back in their with you COB tomorrow.

Good Luck

 

[James48843]

My IFT timing sucked. Lost big bucks. Oh well.


I finally got Roth option showing up this pay period over in Employee Express.

I had been doing 14% into TSP regular.

Couldn't decide what to do about Roth, so I ended up doing this today:

Changed to conventional TSP 10%, and 4% into ROTH.

Reason: ROTH requires five years contribution before you can take it out. So I figured I would start putting SOMETHING into Roth to make the clock being ticking officially. OK, good, that's done.


Not sure what the tax rates will be in the future- so Roth 's future cannot be strictly calculated. This way, at least I will end up with SOMETHING away from the taxes then.

That's all. Roth will start next pay period with a 4% of salary after taxes contribution next pay period.

And the five year clock on Roth rules starts to tick.

Enjoy.

 

[nasa1974]

Good Luck James. At least it is a plan.