Jkenjohnson's Account Talk

Sort by newest Sort by date
Re: Sell Alert

Let me see if I'm clear on this. Even though you would have used your last IFT of the month today; you will still be able to move your $ back into the G?
 
Re: Sell Alert

I used one when I sold yesterday. I will use one to buy back in today. That is my two IFT's. When I get the next sell, I will go 100% G until January.
 
Re: Sell Alert

PEP said:
Let me see if I'm clear on this. Even though you would have used your last IFT of the month today; you will still be able to move your $ back into the G?
Click to expand...
The 2 IFT limit only keeps you from moving $ out of G. You can always move money back into G after the 2 IFT limit in, for example, 5% increments every trading day. I understand you can also redistribute fractional distributions back to integer values, but I don't see much point in that.
 
Re: Sell Alert

PEP said:
Let me see if I'm clear on this. Even though you would have used your last IFT of the month today; you will still be able to move your $ back into the G?
Click to expand...
You get 2 IFTs per month to move money whatever you want. After that, the only IFTs that you can make for the month are back into the 'G' fund.
 
Re: Sell Alert

jkenjohnson said:
This will be my second and last IFT for the month (I can always go back to G at anytime). I have made a plan to go with the first buy signal of the month as I may only get one buy in a month. Sometimes, looking at past data, there would have been up to 4 buys, but that did not happen very often. Hope this answers your question.
Click to expand...
Going with the 1st buy signals sounds like a good move. I think Intrepid Timer does the same. I know I wasted too many chances these past few months not wanting to use IFTs early in the month and then ended up not using them at all. These limits do constrain us unfavorably, but I won't get started on that here. :)
 
Re: Sell Alert

So with you being out of IFT's for the month do you plan to ride out the rest of the month in hopes for the Christmas rally or are you going to get back out at the next sell signal?

Jared
 
Re: Sell Alert

MaStA said:
So with you being out of IFT's for the month do you plan to ride out the rest of the month in hopes for the Christmas rally or are you going to get back out at the next sell signal?

Jared
Click to expand...

If I get a sell signal I will sell. Unless the European CRAP gets settled, I personally don't think there will be a Christmas rally. Even if Europe does come to some kind of agreement, I think any rally will be short lived - just my opinion. I am usually wrong, so that is why I now have my own system that I follow.
 
Re: Sell Alert

RealMoneyIssues said:
Nope, always on the wrong side of the trade hoping for a reversal...
Click to expand...

Even though I got a buy signal, I am a little worried that I may end up on the wrong side. I just wish I would have been following the system since October. Oh well, like they say, hindsight is 20/20.
 
You must log in or register to reply here.

Similar threads

TommyIV
  • Article Article
TSP Talk Weekly Wrap Up - Opportunistic Investors
Replies
0
Views
128
TommyIV
TommyIV
TommyIV
September Contest in Progress
Replies
3
Views
4K
TommyIV
TommyIV
tsptalk
  • Article Article
TSP Talk - Big Tech keeps the rally going while small caps stall
Replies
0
Views
157
tsptalk
tsptalk
tsptalk
  • Article Article
TSP Talk - Dip, pullback, or correction? What's on deck?
Replies
0
Views
139
tsptalk
tsptalk
tsptalk
  • Article Article
TSP Talk - Stocks bounce back, but was it a turnaround Tuesday?
Replies
0
Views
136
tsptalk
tsptalk
Back
Top