JTH's Account Talk

I have an IFT but only way I could use it is to get out or jump to I fund. I think I will stay where I am and hope for a nice rally.
 
I have one, I have one...
too bad you can't borrow it :(
and I am too chicken to use it :worried:

dude, you have many fruitful years of service left. You are way too young to hold back in the G (or the F) like you're going to retire next year.
Go for it!
 
Yeah, but he's out of IFTs till June.
t2307.gif
t2307.gif
t2307.gif
 
:laugh: Unless he wanted I fund being out of transfers didnt hurt JTH today.

Maybe I shoulda bought the I fund - and Ive been saying that one for a couple of months. Hmmm. :suspicious:
 
Remember that hourly S-Fund Head & Shoulders I drew. We went right back down to the price objective and held our ground. I have a second system that came close to triggering a buy. Had I an IFT, I would have made one today. If we hold our ground tomorrow, I'd make an IFT again.

It's either really dumb, or the best move this year, I'd gladly absorb a 3% loss for the potential of a 10% gain at these levels...

View attachment 11127


Except you would have had to forego the IFT to get out with a 0.4% gain as you did earlier this month - and since then - S-fund has ponied up more than a 3% loss, so what are we saying here? you'd risk a net 6% loss against a 10% potential gain? I wouldn't.

Besides, I see it as a head fake - and am guessing the economic data will come in OK but will be sold into - any miss on anything; GDP, whatever, will bring down the house of cards all at once - except for the tsunami - there hasn't been a large gap down (4-5% or more) in awhile. Today's action could be telling (up at the open, selling now, what at the close?).
 
Ok, I realize it's ugly out there, so I'll try to give an optimistic view for you. The second system I mentioned last night has not triggered a buy yet and it may not (by my definition), call me crazy but I believe the bottom is in at these levels. Yes I know the futures are down hard as I write this, but hey it is what it is. Many of the indexes did not put in a lower low and some closed in the green. The previous 18 April low I mentioned in my blog 2 weeks ago has not been violated. The trend channels I draw have not been violated, the MTV indicators have not gone downside embedded, nor put in lower lows. Sure it ain't great, but we are treading water, not drowning. We've lost roughly 6% but it's been over 17 days. I do need to see a close back over the September trendline at SPX 1332 tomorrow. If you're down on this position, keep your chin up and watch the reaction off the previous 18 April swing low.
 
That's all good, but after years of chasing indicators and daily trends I have come to the conclusion that looking at weekly price trends and economic indicators is more suited to only having 2 IFTs a month. I have changed my strategy because daily stuff isn't what I'm looking for, we are limited and must work within our limitations.:)
 
That's all good, but after years of chasing indicators and daily trends I have come to the conclusion that looking at weekly price trends and economic indicators is more suited to only having 2 IFTs a month. I have changed my strategy because daily stuff isn't what I'm looking for, we are limited and must work within our limitations.:)


So true! Helps prevent buying into the hype or getting scared out of the market with reactionary ITF's.
 
That's all good, but after years of chasing indicators and daily trends I have come to the conclusion that looking at weekly price trends and economic indicators is more suited to only having 2 IFTs a month. I have changed my strategy because daily stuff isn't what I'm looking for, we are limited and must work within our limitations.:)

So true! Helps prevent buying into the hype or getting scared out of the market with reactionary ITF's.

Points well taken and that's why I focus on the 6-month trend, and not the daily price action. :)
 
The FRTIB does not have our best interests in mind. They just want to protect the money handlers.
 
The FRTIB does not have our best interests in mind. They just want to protect the money handlers.

I would pay $20.00 for an IFT, $500.00 a year for 2 extra each month, and $1200 a year for unlimited IFT's. Any of these options could pay for itself by increasing your chances to catch short up trends and avoid the dips. But, as always this is just dreaming.:)
 
I would pay $20.00 for an IFT, $500.00 a year for 2 extra each month, and $1200 a year for unlimited IFT's. Any of these options could pay for itself by increasing your chances to catch short up trends and avoid the dips. But, as always this is just dreaming.:)

If I remember correctly the FRTIB was contacted and asked if we could be charged/billed for additional IFT's and we were told it would be to difficult to implement and manage.
 
I would pay $20.00 for an IFT, $500.00 a year for 2 extra each month, and $1200 a year for unlimited IFT's. Any of these options could pay for itself by increasing your chances to catch short up trends and avoid the dips. But, as always this is just dreaming.:)

If I remember correctly the FRTIB was contacted and asked if we could be charged/billed for additional IFT's and we were told it would be to difficult to implement and manage.

Of the millions who participate, we are the few that actively manage our accounts. So long as we are the minority our wishes will not be represented.
 
Of the millions who participate, we are the few that actively manage our accounts. So long as we are the minority our wishes will not be represented.

Thats a shame. Every TSP talk member should tell others at thier workplace about this message board and how to get involved in thier retirement.
 
Back
Top