-
The Forum works well on MOBILE devices without an app: Just go to: https://forum.tsptalk.com
-
Please read our AutoTracker policy on the IFT deadline and remaining active. Thanks!
div>
$ - Premium Service Content (Info) | AutoTracker Monthly Winners | Is Gmail et al, Blocking Our emails?
Find us on: Facebook & X | Posting Copyrighted Material
Join the TSP Talk AutoTracker: How to Get Started | Login | Main AutoTracker Page
The Forum works well on MOBILE devices without an app: Just go to: https://forum.tsptalk.com ...
Or you can now use TapaTalk again!JTH's Account Talk
- Thread starter JTH
- Start date
JTH
Well-known member
Thanks, we should also point out that IT's service did excellent during a difficult month, protecting the previous gains.
Intrepid_Timer
Well-known member
It was more of a struggle for my ETFs outside of TSP and it's always difficult to take a loss with TSP, but I remember 2008 vividly so I'm not afraid to lock it in and move on to the next month, just like you did. There where a lot of "holders and hopers" in 2008 that were probably close to jumping off a roof somewhere. Most investors have short memories though so they'll just keep buying the dips and that has been the best strategy for the last year and a half. One day, that dip will become a valley though. Maybe that time is now, maybe it's not.................:suspicious:
alevin
Well-known member
Me have long memory-all the way back to 2000-2003 when I wasn't paying attention and got hurt-a lot. dodged the 08-09 bullet thanks to that long memory of earlier pain and a lot of paying attention the second time around. I won't be a hold and hoper, even if I take a dip and end up in shallow bathwater. how's that for mixed metaphors?
Like asking to pass the mayo before eating your sh!t sandwich.
JTH
Well-known member
The good news is I don't really care what any one of us thinks about these market conditions. The bad news is I do care about making money. In my estimation there is enough technical damage to warrant a consideration of the 1875-1900 levels, conversely, a close above 1954 followed by a higher low above the previous 1916 should be enough to bring buyers back.
View attachment 29826
JTH
Well-known member
Sounds like an opportunity.
Every major trendline on EFA is broken, today put in a bearish engulfing candle with 5 concurrent closes below the lower bollinger band, bring on the pain...
JTH
Well-known member
Not much to report, the markets did precisely what they typically do, sellers fell short of capturing a 50% bounce off the previous up/down wave. Last week I contemplated taking an entry today, but the entry materialized on Thursday, thus I missed the window. For the moment, this is nothing more than an oversold bounce and has yet to to erase the previous technical damage. The parallel price channels have formed, and if they are any indicator as to future price action, then we should pull back within the next few days. If I see signs this rally has more upside, then I'll entertain an entry.
JTH
Well-known member
Rspring
For now, I've exited the F-Fund and reaped its gains, from this point on, I'll use my last IFT to look for the next window of opportunity. I missed the last window and chose not to chase it, my patience in this matter is infinite, I'm not going to force a square peg into a round hole. When I look at the charts, I see the patterns, but nothing within those patterns stirs within me a desire to jump in. It wouldn't be fair to give you an answer to something which has yet to materialize because my answer is not tangible. Simply put, I'll know it when I see it, or I'll be wrong.
JTH
Well-known member
OOBXTrader
Guest
WorkFE
Well-known member
Blind squirrel and acorn at the moment :laugh:Similar threads
:blink:
