James48843 Account Talk

[bmneveu]

I bailed out December 31st- but will be jumping back in today.

Congrats on skipping that dip! Great timing.

 

[James48843]

Dang- now I am looking at the numbers and thinking that maybe today is a DEAD CAT BOUNCE.


Should I cancel the move back into stocks?

Or should I go with the gut and make it all back in???



Come on baby- daddy needs a new pair of shoes....

 

[OBGibby]

Dang- now I am looking at the numbers and thinking that maybe today is a DEAD CAT BOUNCE.


Should I cancel the move back into stocks?

Or should I go with the gut and make it all back in???



Come on baby- daddy needs a new pair of shoes....

Looks like they're on the rebound at the moment. You may be vindicated yet!

 

[James48843]

Now I am in trouble.

I just got bold- moving to 100% "I" fund today- just for the heck of it.

Either I will do well..or I am about to lose big time.

Wish me luck.

 

[pmaloney]

Good luck! Looking good so far. :smile:

 

[kave]

Now I am in trouble.

I just got bold- moving to 100% "I" fund today- just for the heck of it.

Either I will do well..or I am about to lose big time.


Wish me luck.

James, Good Luck to you! I thought of doing the same thing, but decided to play it safe.

 

[James48843]

OK_ Here I am, sitting in "G", and looking at the world markets.

GE delivered worse than expected earnings on Friday- and the market tanked pretty good.

I kind of expected that. It has been doing very well for a long time, and now we're getting mixed messages.



So- here we are. Futures are showing higher today. I was expecting a slightly lower day, not a higher day. So that confuses me a bit.

Dollar is stronger by almost 1/2 %. Leads me to believe the "I fund" is not the place I want to move into, even though it has been very good lately.


"S" fund, traditionally the pillar of strength, is lagging the S&P and the Dow this morning. Making me wonder if this is actually a late-stage skid that would make the "C" fund a better investment short term than the "S" fund is.

We've been here before. I am sure that we are in the late stages of an up move that is going to have to take a rest shortly. But there may still be some strength left in the markets - seems to be lots of folks who move to the sidelines on Friday.



So I am debating whether to jump back in today, or wait another. Let's see how the morning breaks.

Good luck.

 

[James48843]

Moving 100% to "C" fund today.

Good luck.

 

[pmaloney]

Good luck! Agreed that C and Dollar seem strongest right now.

 

[James48843]

Changed my mind at the last second and cancelled the transfer.

What changed is that I looked carefully at a 10X scale P&F chart for the S&P-500, and it told me that today's high was lower than the previous one, which is an inidicator (to me at least) that the next couple of days will be a downward movement, not an upward one.

SO I bailed at the last second and cancelled my interfund transfer.


I hope I did the right thing- I had less than a minute to spare when I cancelled it.

Crossing fingers, and hoping for a better place to buy in in two or three days.

 

[Whipsaw]

Changed my mind at the last second and cancelled the transfer.

What changed is that I looked carefully at a 10X scale P&F chart for the S&P-500, and it told me that today's high was lower than the previous one, which is an inidicator (to me at least) that the next couple of days will be a downward movement, not an upward one.

SO I bailed at the last second and cancelled my interfund transfer.


I hope I did the right thing- I had less than a minute to spare when I cancelled it.

Crossing fingers, and hoping for a better place to buy in in two or three days.

Much better than jumping in and then bailing the next day, burning two IFTs in the process!

 

[WorkFE]

Much better than jumping in and then bailing the next day, burning two IFTs in the process!

Unless that jump in and out is a 2% swing, not bad for a 1 month gain.

 

[James48843]

Jumping out.

Hair itching badly.

 

[James48843]

Going ALL IN.

100% "I FUND" today.


Yee Hah!

 

[James48843]

i will note that as of today, I am now a little over 75K down since my brilliant move into "I" back on July 7.

UNCLE!


To those who follow the "Do opposite of James and make big $" system- here is your sign.

I am bailing out 100% to "G" before noon tomorrow.

Ouch.

 

[nnuut]

I did that in 2008 at the bottom, it didn't work out well.

 

[tsptalk]

Sorry to hear that, James.

 

[RealMoneyIssues]

Sorry James, I think we have all been there at some point.


Sent from my (Daughter forcing me to use an) iPhone using Tapatalk...

 

[Cactus]

Yeah, I can't seam to make any head way either. I think this year the trick is just trying to keep your head above water. I'm just managing to do that while still looking up at the G Fund. On the bright side at least we are beating all the LMBF systems.

 

[nnuut]

Hey James you were sick, you will recover.