JTH's Account Talk

[Birchtree]

It looks like the SPX has achieved escape veolcity - targeting 1126 or better for the close.

 

[JTH]

Making an exit to the F-Fund. At this moment I'm spending more time managing my ROTH IRA & Brokerage accounts. With an exit to the F-Fund I can put things in auto-pilot, and I'll still have 1 IFT left, should I feel a need to get back into stocks.

 

[Birchtree]

Hey Barbarosa I'd like to know what you are doing in your outside accounts just for fun.

 

[JTH]

Hey Barbarosa I'd like to know what you are doing in your outside accounts just for fun.

Sorry I didn't see this. I'm doing much better in the ROTH. Recently I took some money from the house sale and has able to add it to both the ROTH & Brokerage account. Right now I'm buying Metals on the way down, and looking for other future opprotunities with dividend paying stocks and USAA mutal funds.

Mostly what I've been doing is using daily stops and raising them just below the channels. I did take a 5% hit on Sirus this week, but that was my fault, because I didn't do the proper homework on that position.


Check out AGG, it hasn't been confirming the price action in stocks and appears to be working on an outside day.
View attachment 9829

 

[JTH]

Although AGG had not been able to break though the previous highs, it is still on target within the price channel and in an uptrend.

View attachment 9836

 

[amoeba]

Is JTH feeling froggy yet?

I read your blog:

So what's up? Are you getting ready to jump back in? Gonna follow your Cardinal Rule (no IFTs on morning of trading day)?

Still, the fund indices are starting to resume the pattern of a late day selloff, particularly on fridays. That's what typified most of the trade since late April, though not July. And that's where F-fund has come in handy. But I suspect you want more. Right?

So, feeling froggy?

 

[Birchtree]

With the Hindenburg Omen now out of the closet - I would'nt expect any moves from JTH for several months.

 

[amoeba]

With the Hindenburg Omen now out of the closet - I would'nt expect any moves from JTH for several months.

JTH hasn't let a month go by with an unused IFT this year, and neither have I. He's going to do something. Enquiring minds want to know.

 

[JTH]

Re: Is JTH feeling froggy yet?

I read your blog:

So what's up? Are you getting ready to jump back in? Gonna follow your Cardinal Rule (no IFTs on morning of trading day)?

Still, the fund indices are starting to resume the pattern of a late day selloff, particularly on fridays. That's what typified most of the trade since late April, though not July. And that's where F-fund has come in handy. But I suspect you want more. Right?

So, feeling froggy?

I can never truly predict what I'm going to do. My preference is to wait for the markets to pick a direction, then jump in if the uptrend resumes. Otherwise I'm happy with the slow gains to be made in the F-Fund. I defintily want to see what Monday's price action looks like, if it's good, then Tuesday may be a good buying opportunity. If I miss the beginning rally, so be it...

 

[JTH]

2nd IFT today 25FCSI

 

[Birchtree]

Perhaps you'll be forced to pay up for such a reckless move - good strategy though.

 

[JTH]

Perhaps you'll be forced to pay up for such a reckless move - good strategy though.

Sometimes it takes accepting risk to make money.

 

[JTH]

The Transports have broken back above the 50 & 200 SMA, a close above would be welcomed news for the Bulls.

View attachment 9867


The S&P 500 has pierced through the 50SMA, today I'm looking for a close above 1084.
View attachment 9868

 

[nasa1974]

Thanks JTH

 

[JTH]

We've hit 2 key levels today and one of them I wasn't expecting. I really should bail, but I won't.

 

[Birchtree]

Save your gains - capital preservation. You can run but there is no place aside from the lily pad to hide. Look over your shoulder....

 

[FAB1]

JTH - WILL you be eating Birch's shorts or not? Will there be a utube video? If so send me the link please!!

Yes people DO read the IFT board - yuk yuk.

 

[JTH]

Save your gains - capital preservation. You can run but there is no place aside from the lily pad to hide. Look over your shoulder....

the question is will your 100% allocation out pace my 75% before we reach the next top or reload on ifts?

 

[amoeba]

We've hit 2 key levels today and one of them I wasn't expecting. I really should bail, but I won't.

What key levels? (BTW - I am not bailing; I'm underweighting F, tripling down on CSI at COB today, we will see if this results in a 3%+ market drop for the third time in a row - i.e., day following my IFT; I should get a medal for being in pository for the year for that incompetence).

 

[Birchtree]

I had a few medals but they were stolen many years ago by a crack addict - but I can give you a pair of sticky pants. I think you'd probably look good in a pair of sticky jeggings.