James48843 Account Talk

I cancelled a tooth cleaning so I could enjoy the noon deadline with you guys..LOL (and give me time to make my decision).
 
Dipping my toe in with 50% in S - leaving 50% in G - maybe put the other 50% in if it looks like a drop at noon tomorrow - just don't trust going in 100% today
 
I bet we drop another 50 points in the S&P today. I hope not but there's too much fear in the market. Made me sell for today. Sadly I'm in with the herd sell low buy high..haha Do a lot of trade actions always start at noon because it should looks like another cliff at 12noon.
 
Talk about your "Flash crash"- the S&P 500 is now down OVER 4%.

Boom. Down she goes.

boom!.jpg


'Bout time. I've been wondering how long that climb could continue.
 
VIX hits 35, settles back to 32.

Heck of a ride.

vix-to-32.jpg
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[TR]
[TD]Trump Considering Firing Dow Jones Industrial Average (Borowitz)


WASHINGTON (The Borowitz Report)—After watching it suffer its worst losses since he became President, Donald Trump is “seriously considering” firing the Dow Jones industrial Average, aides have confirmed.
According to the aides, Trump is “furious” at the D.J.I.A. for going down so precipitously and believes that it has treated him “very unfairly.”

“Increasingly, the President has become convinced that the Dow Jones Industrial Average is not on his team,” one aide said. “Seeing the negative Dow numbers in the corner of the TV screen has been wrecking eleven hours of every day for him.”

Reportedly, Trump is mulling replacing the Dow with a new system, in which Sarah Huckabee Sanders would appear every day at 4 p.m. to announce how high stocks had skyrocketed.

En route to an appearance in Ohio, Trump stopped short of saying that he would ask for the stock market index’s resignation, but his contempt for the Dow was palpable. “The Dow Jones Industrial Average is a disgrace, and it should be very, very ashamed of itself,” he said.

Source:
https://www.newyorker.com/humor/bor...nsidering-firing-dow-jones-industrial-average
[/TD]
[/TR]
[/TABLE]
 
I won't get into this because it would be political and I can't and neither can you!
 
Anyone that bought the VIX a week ago has tripled their money. And I'm pretty sure there's a 3x VIX ETF, right? Good lord.
 
Note to Nutt: that Andy Borowitz piece- that was humor.

Note to the future: right now I am seeing wecare about 2/3rds the way through this loss blip. I am seeing perhaps down to 2547- to 2521 in the S&P as the bottom. We are going to hit that area and bottom out in the next 3 to 5 days. I think we’ll have one false bottom, maybe at 2570, before sliding down a wee bit more- but then I’m going to go full in at 2550 or so. That’s my prediction.

(Can I get my own psychic line?)

We shall see-


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Note: Volume!!!

Nobody is trading. No sellers and no buyers right now- looks like we did about a third of a normal days trading.

I expect two or three more days of havoc, settling in down about 4-5% more from here, and then the money will begin flowing back in.




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Just sitting here admiring one of my most precious treasures- a genuine solid .999 pure Silver TSPTalk official coin.

Days like this make me appreciate the wonderful friends I’ve made over the years here on TSPTalk. You all are really treasures too.

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IMG_3147.JPG

Enjoy!


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Note: Volume!!!

Nobody is trading. No sellers and no buyers right now- looks like we did about a third of a normal days trading.

I expect two or three more days of havoc, settling in down about 4-5% more from here, and then the money will begin flowing back in.




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Let's hope we don't see another 4-5% tacked onto what we have already suffered. I would hope we see a little up and down just to allow us to catch our breath.
 
Boldly going where no man has gone before......

I'm jumping BACK into the pool.

Silly me. I think that little dip was just what the doctor ordered to remind people it can be scary out here.


Moving to:

C=33%
S= 34%
I= 33%

as of COB today.
 
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