JTH's Account Talk

[poolman]

Hello Gumby,

My thoughts are that tomorrow will be very similar to today.

My Gut was telling me yesterday that today was not going to be much better..

We will see

 

[JTH]

Hope everyone is enjoying their weekend. I've given a somewhat optimistic spin to the MARCON blog this week. My thoughts and prayers go out to those in the middle east and Japan.

 

[JTH]

IFT 100% S-Fund EOB Today

 

[JTH]

Mama said there'd be days like this, I'll be most interested in the last hour of trading, a finish to the upside could bode well for the remainder of the week.

View attachment 10749

 

[FAB1]

Looks like were getting my wish. Going UP.

 

[JTH]

2011 Personal Performance Report

1 Jan: Started out from 2010 with a 1G, 26C, 52S, 21I allocation. I had reservations about this allocation because I felt it was a mistake to split my resources across multiple funds. The reason behind my thinking? How certain can you be about a position if you're so inclined to spread your risk? If you take a position you should have proof this is the best position you can take, and by spreading your risk you're showing you have doubt about the position you're taking.

11 Jan: Entered G with 1.01% At the time I made this decision both C & S had been down 4 of 5 days, and the dollar have been down 5 of 6. I felt the I fund had taken a downturn and I didn't want to get dragged down into the red. Turns out my decision was 1 day too early, although I escaped with a .43% gain that day, I missed out on a 1.15% gain the next day. I ended up sitting in the G-Fund for the next 10 trading days.

26 Jan: Entered S-Fund. I didn't really want to enter the markets at this level, but I felt the pullback had already occurred and since the trend is up I felt perhaps we were ready for another breakout. This time I was 2 days early, as the Egypt crisis began to emerge. My first day in the S-fund I gained .41% and on the second day I lost -2.15%

31 Jan EOM: I managed to end the month with a slight profit at .15% not even enough to outpace the G-Fund or inflation Today's bounce gives me concerns going into February, the bounce was very weak on the transports and weak across the S&P 500 & Wilshire 4500. The good news (if you can call it that) is I managed to meet my goal of starting the month invested...

4 Feb: Entered G-Fund. Started the month out invested 100% S-Fund. After making a 4-day 2.13% gain I headed to the sidelines to rest out the oil-based news and wait for another buying opportunity.

24 Feb: Entered S-Fund. I had sat on the sidelines for 13 days, prices pulled back over 3% so I felt like I was jumping in at a slightly discounted price. Just managed to get in a lower price than my last exit.

28 Feb: Ended the month with a 4.71% gain, remaining 100% S-Fund. Bonds are tracking with stocks (who will blink first), I'll be looking to make a minimum level before making an exit. My personal belief is the downtrend has already began, only a double-top breakout will change my mind.

3 March: Entered G-Fund. The night before I had decided to make an exit, only if I thought I could escape with more than 1.37% This would (at a minimum) afford me the opportunity to outperform the G-Fund for the month should I decide to stay out of stocks for the remainder of March. It was a calculated risk that paid off and I'm happy with the outcome, having made .67% more than my lowest expectation. A 5 day investment in the S-Fund yielded a 3.04% gain.

15 Mar: Entered S-Fund. Earth Quake devastates Japan, but watching the news over the weekend I'm optimistic the people of Japan (more so than other peoples) can overcome these tragedies. The ability of the markets to hold ground under these strained Middle Eastern & Japan conditions is nothing short of amazing. As I write this, Futures are down hard, so be it, I can't be right on everything all the time, but I can avoid being wrong for too long. Off the last major wave shown in the chart, if we retrace more than 50% (1258.85) for more than 3 days, I will be forced to consider an exit.

YTD Stats: 38% Invested 62% sidelined, of days invested, 68% positive, 32% negative. Average daily gain .11%

View attachment 10756

 

[JTH]

Yummy, picked up some RAT and added to PNS for the ROTH IRA. I'm a buyer of pain...

 

[Boxholder]

I'm familiar with PRN, but what is RAT?

 

[Boxholder]

I meant to say I'm familiar with Pinnacle, but what is RAT?

 

[jpcavin]

I meant to say I'm familiar with Pinnacle, but what is RAT?

Probably d-CON stock:laugh:

 

[JTH]

I'm familiar with PRN, but what is RAT?

Oops sorry mean RAS Rait Financial Trust

 

[JTH]

So the world was ending today, but was it? Was the fear real? Gold was down today...

 

[Gumby]

Probably d-CON stock:laugh:

JP,

What happened to your kitty cat and keyboard?:nuts:

 

[jpcavin]

JP,

What happened to your kitty cat and keyboard?:nuts:

I'm far from being a kitten and a cougar would be far too scandalous so I went for a more dignified avatar

 

[FAB1]

Probably d-CON stock:laugh:

I'm familiar with PRN, but what is RAT?

I thought it was something that ran away from Wisconsin.

(I didnt say that here)

 

[nnuut]

It seems than we don't know who we are dealing with due to carefully planned deception?

 

[Gumby]

I'm far from being a kitten and a cougar would be far too scandalous so I went for a more dignified avatar

Your a logical thinker..... Is that a home raised orchid?

 

[jpcavin]

Your a logical thinker..... Is that a home raised orchid?

I have no idea, but it was beautiful. Too much ugliness in the world and I felt the need to surround myself with everything that is beautiful. However, I will not turn a blind eye to a diamond in the rough.

 

[Birchtree]

I think it's a day lily - I have yellow ones in my back yard.

 

[jpcavin]

I think it's a day lily - I have yellow ones in my back yard.

I think so too. I zero'd in on the homegrown part and missed the other part of the question altogether.