JTH's Account Talk

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year 2 of the garden and still expanding and learning, holding some goldminer jrs but may lighten up some shortly, still thinkin on the 3d item.
 
jkenjohnson said:
I've got guns and can garden, but no gold :mad:
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That's ok there are other universally accepting items that carry intrinsic value, like ammo, alcohol, tobacco ect.

alevin said:
year 2 of the garden and still expanding and learning, holding some goldminer jrs but may lighten up some shortly, still thinkin on the 3d item.
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Glad to see you're working on your garden, I've got plans to start on mine early next year. The previous owner had nothing but ornamental plants throughout the property. It looks nice, but nothing's functional so I have some serious overhauling to do. For now, I'm frequenting the local farmer's markets in an effort to spend my money in the local economy and avoid the rising food prices associated with higher energy/transportation cost.
 
I'm almost double my 2007 peak and quadroupled since 04!

And I'm havin' so much fun with this; It's like gravy to the loving of my job.
 
Rube said:
I'm almost double my 2007 peak and quadroupled since 04!

And I'm havin' so much fun with this; It's like gravy to the loving of my job.
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Lol ok, well I don't love my job so you definitely got me there. :D I should also add I took out a (now paid) 2 year loan for half my account, and stopped contributing when the IFT limitations took effect.
 
I may perform an IFT tomorrow, but I'll wait to see what my 29 Dec allocation balance is before I do so. If oil pulls back it may give us just the release of tension we need to break out of this high base.

Do flat tops produce market drops? Anything is possible I suppose, but I'm more inclined to believe a flat top drop is more credible in a bear market.
 
JTH said:
I may perform an IFT tomorrow, but I'll wait to see what my 29 Dec allocation balance is before I do so. If oil pulls back it may give us just the release of tension we need to break out of this high base.

Do flat tops produce market drops? Anything is possible I suppose, but I'm more inclined to believe a flat top drop is more credible in a bear market.
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Was thinkin' myself... looks like AGG is trying to figure out what to do, like the youngsters left to watch the farm are gettin' nervous.
 
This is one of those occasions where I'm having a difficult time deciding how to end the old year and start the new. While the charts are bullish in price, volume is misleading and my fear is when volume comes back we could lose the previous 6 days of flat-rising action. Hedge funds are most likely on the sidelines and mutual funds are already fully invested so there's nobody currently pushing this market around. Looking to the past to predict the future should tell me there's eminent profit taking to be had, so do I pull out now or wait for a confirmed sell signal?
 
You could follow #473 prometheus and join our newest premium service. There's no pride left in being an independent investor - simply follow the herd for success.
 
Birchtree said:
You could follow #473 prometheus and join our newest premium service. There's no pride left in being an independent investor - simply follow the herd for success.
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Thanks BT, I've decided not to do anything. We could get a sell signal tomorrow, next week, or next month. Point being I shouldn't treat the start of the year like it's some special event; it's really just the start of a new month with new IFTs.

As for subscribing to a system, if you can't show me the back-tested data with the criteria used, then I want nothing to do with it. You and I are beating every trading system on the tracker and I've already paid my subscription service fees to the school of hard-knocks, having invested hundreds of hours into educating myself.

It was a great year for many folks, yet only 2 are beating the S-Fund. This goes to the heart of the matter, it is extremely difficult to beat a bull market, and the best long-term success is measured by NOT being invested in bear markets. All these trading systems that claim awesome stats are really getting those numbers from when they weren’t invested during the bear markets. This is something every investor should know and have embedded in their core!

The sentiment survey is hot right now, but will it be so popular when the craps table gets cold? You've been a popular person this year, but I do remember how much flack you took when the bear market hit. Back then Buy & Hold was about as well liked as the black plague, and now folks are talking about it like it's the coolest thing ever? How quickly we forget when the shiny crayon losses its luster...
 
Ah, those were indeed the days. 2008 was not the first bear to ever claw me - we go all the way back to 1973. Throw in some October massacres along the way and one begins to have no fear. 1987 was the worst when it came to fear. So in 2008 I was resolute to hold my ground and dump every dollar I had in on the bottom and build an addition to the base for the next bull and keep the income stream growing. I started growing income on the triple bottoms of July'02, October'02 and March'03 - and never looked back. For the next several years I am going to bury myself in debt and buy everything that moves and I can do that because of my intact base. Who knows, my TSP tugboat may end up delivering me from evil if I get crushed - but the lamb chop account will go first. From this point forward I'm living on the edge. I still have a working wife for the next couple of years to provide a little extra security - otherwise I'm rolling on this train straight out. Snort.
 
As for subscribing to a system, if you can't show me the back-tested data with the criteria used, then I want nothing to do with it.

Why would someone "give" their system that they have worked hard on for years to someone else? So they could start their own website and sell the information for a higher price? :confused:

You and I are beating every trading system on the tracker

Really? Guess I'm missing something.....................

and I've already paid my subscription service fees to the school of hard-knocks, having invested hundreds of hours into educating myself.

Some people don't have the time to invest hundreds of hours into educating themselves. Trust me, the time I spend, and have spent, on my investment strategies is worth a lot more than $20 a month.......

Following someone else's system is not for everyone. Some people's egos are too big for this. You don't have to join up, it's an option. Just please post accurate information.

Thanks!

I_T
 
Intrepid,

Your time has arrived to walk the talk - it'll be fun to watch and see how you measure up under the pressure when the children start asking are we there yet. No one is critical of your efforts - we wish you success. Be sure to file that extra income. I hide mine.
 
Is Intrepid the same as the old Milkman that posted on here several years ago? It's the same or similar avatar?
 
Birchtree said:
Intrepid,

Your time has arrived to walk the talk - it'll be fun to watch and see how you measure up under the pressure when the children start asking are we there yet. No one is critical of your efforts - we wish you success. Be sure to file that extra income. I hide mine.
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Should be interesting, but I"m really not worried about it. Rather the market goes up or down, I'll make money. Just like you apparently...........;)

I'm not worried about the income, it's the dang taxes that are killing me.........Technically, my income last year was about $9000........all my money is in my retirement accounts............
 
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