Jkenjohnson's Account Talk

[PEP]

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?

 

[RealMoneyIssues]

Re: Sell Alert

My name is Ken, not Mr. Johnson (please).

Got your attention

No problem Ken. Thanks for the update. Look forward to tracking your system and it's results.

Good Luck !

 

[jkenjohnson]

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.

 

[Bquat]

Re: Sell Alert

My name is Ken, not Mr. Johnson (please).

Ok, Ken he wants you to put "System switched to buy on 12/05/2011."
Thanks for you info also. You may get me back to a four tier system for my decisions.

 

[Bquat]

Re: Sell Alert

Ok, Ken he wants you to put "System switched to buy on 12/05/2011."
Thanks for you info also. You may get me back to a four tier system for my decisions.

You type sooo fast.

 

[Cactus]

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?

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.

 

[wvango]

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?

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.

 

[PEP]

Re: Sell Alert

Thanks for making me a wee bit more knowledgeable!

 

[Cactus]

Re: Sell Alert

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.

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.

 

[jkenjohnson]

Re: Sell Alert

System is still on a buy. Lost .23% today. System is still up 11.9% since October 7, 2011.

 

[MaStA]

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

 

[jkenjohnson]

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

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.

 

[RealMoneyIssues]

Re: Sell Alert

(This is for you Real Money)

But thanks for the easy to find updates

 

[jkenjohnson]

Re: Sell Alert

But thanks for the easy to find updates

You're welcome. Hope everyone is making money.

 

[RealMoneyIssues]

Re: Sell Alert

You're welcome. Hope everyone is making money.

Nope, always on the wrong side of the trade hoping for a reversal...

 

[jkenjohnson]

Re: Sell Alert

Nope, always on the wrong side of the trade hoping for a reversal...

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.

 

[Cactus]

Re: Sell Alert

I love your sig line, Ken.

 

[jkenjohnson]

Re: Sell Alert

Thanks

 

[jkenjohnson]

Re: Sell Alert

Looks like my system may have gave a buy signal a little too soon. However, the day is not over.

 

[RealMoneyIssues]

Re: Sell Alert

Looks like my system may have gave a buy signal a little too soon. However, the day is not over.

Maybe mom and pop will see this recovery as positive and start moving into the market and voila', Bulls win... however, since I am short, I hope NOT...