James48843 Account Talk

Santa, is that you I hear? (*jingle bells ringing*)

Your 1 day play may work out after all......we'll see if the looming shutdown plays any part at all in trying to bring this back down
 
In 2008 I was down almost 13%. As of today I'm down almost 15%. Worst year ever.

Ouch! That hurts. Here's hoping that 2019 treats you far better NASA. ... (On the bright side, sounds like you did far better in 2008 than many of us -- certainly me. I rode it to the bottom almost. That's when I realized "Buy and Hold" was a Wall Street brokers/investment banks scam to make money off us little people and ultimately searched and found TSPTalk!)
 
Spent the night in Avalon Bay, Catalina Island, California. Woke up this morning to a sea lion hanging out on the aft platform.

Life is short.

Life is good.

Merry Christmas.

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Been to Avalon many times....Wish we could have met...my schedule takes me there in February!
 
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After watching today's action, I am a whole lot more comfortable with where we are at.

I think the major bloodletting is over, although I think we will have another opportunity in the next few days to buy at slightly lower levels= like 1 to 1.5% lower than here. but then I think we start climbing back out of this again soon.

just my 2 cents- i am looking to find a good point to come back into stocks.
 
After watching today's action, I am a whole lot more comfortable with where we are at.

I think the major bloodletting is over, although I think we will have another opportunity in the next few days to buy at slightly lower levels= like 1 to 1.5% lower than here. but then I think we start climbing back out of this again soon.

just my 2 cents- i am looking to find a good point to come back into stocks.

You may not have to wait long for that 1% plus drop. See the futures.
 
Ouch. Futures were showing down 1.63% when I looked at them in the middle of the night. Now they are down, but not quite so much.

I’ll just sit over here and watch for a while. Carry on.


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Ok- I’m looking at the technical on the S&P500 P&F chart and it is telling me we are at a critical point right here.

EITHER we break higher today (Friday), in which case we’ve broken the bear’s back,

-OR-
We head downward here for a quick dip on the cycle.

I’m positioned for the upside breakout. Not sure if this is the right choice today.

I WISH I had three moves in a month, instead of just two. If I had one more, I’d move to the side today to reduce technical risk. But I don’t have that freedom any more.

Damn you Thrift Board of 2008-
 
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