just throw in the towel PLEASE!!

[HarryPotter]

Administrator,
Please put some money in C or S or I fund. Just only 10%. Unless you do that this market is going to keep higher and higher, without you or us.
Just give the market some satisfaction that it sucked you in.
Look at the chart, You have been out( 100 % in G fund) during the greatest advance of the year.
Please Sir. Let the market gods be happy.
Harry

 

[FundSurfer]

I sense a lecture coming....

 

[350zCommTech]

How many Desperados do we have now? This makes three right?:nuts:

 

[Show-me]

How many Desperados do we have now? This makes three right?:nuts:

He is a long way from that.

 

[ebbnflow]

HarryPotter, you just don't get it, do ya! The only reason you're able to enjoy this bull run is 'cause Tom and his posse haven't thrown in the towel yet. But seriously, watch out for the trapdoor, it can sneak up on you at any time whatever. :notrust:

 

[Birchtree]

I'm sure that is the same one I've stepped into at least once per year. Can be a long way down till you hit water - I've found that when I'm at the bottom of the well is when I do my best work. You just gotta want the stuff that gets thrown away.

Tom has a strong tendency to be a tuff contrarian. We are kindred in that respect - he might enjoy pain as much as I do. What, you don't think it's painful watching the rockets go - man it's the worst kind of pain because you don't know how high up the top is going to be. The pain of the downside is much easier to tolerate because you know exactly how much you can lose - all of it. It's always better to know than not to know. He might be on the sidelines for another 4 months.

 

[weatherweenie]

HarryPotter, you just don't get it, do ya! The only reason you're able to enjoy this bull run is 'cause Tom and his posse haven't thrown in the towel yet. But seriously, watch out for the trapdoor, it can sneak up on you at any time whatever. :notrust:

Where in the world do this clips/pics come from? :laugh:

 

[ebbnflow]

Where in the world do this clips/pics come from? :laugh:

From Google: http://video.google.com/videoplay?docid=1396285579709879697&q=trapdoor&hl=en

From YouTube: http://www.youtube.com/watch?v=VteLeQ6HdYE&search=nintendo

 

[HarryPotter]

I like to be contrarian as well, but do not see major reason to bailout or short this market. TSP talk keeps waiting for the right level but that is never going to come. Market will keep going sideways and then will climb. Specially if this season is just decent, not necessaryly spectacular.
I have been adding to long on dips and it works fine. Time is value as well and to stay out in favorable season because of indicators is futile.
Harry

 

[LA_Guy]

With full respect for Tom and his decision to stay conservative but sometimes you need to take a chance in order to become success.

I'm with Harry Potter. No guts, no glory

 

[HarryPotter]

There is the good video of the lady faaling in the trap door. But honestly how many have actually seen that happen?
1929 was one and 9/11 was next, may be 1987 in between but those occasions are so rare that fearing them all the time is paranoid. just as value of everything keeps going up in time so does the value of stocks. Your total time IN must substantially exceed total time OUT of the market to be rewarding.
Harry

 

[tsptalk]

I'm waiting for Wheels to be our sacrifice.

 

[ATCJeff]

I like to be contrarian as well, but do not see major reason to bailout or short this market. TSP talk keeps waiting for the right level but that is never going to come. Market will keep going sideways and then will climb. Specially if this season is just decent, not necessaryly spectacular.
I have been adding to long on dips and it works fine. Time is value as well and to stay out in favorable season because of indicators is futile.
Harry

Respectfully I disagree. Tom will get his chance to buy into the market. At what price is the question he would like to know. It could be anywhere from 5-10% below current levels or it could happen at a higher price. That would be a worst case scenario for him.

The market does not move sideways all the time. Look back to 2000-2002 time frame. What Tom and others are waiting/hoping will happen is for a period of downward movement in the indexes. I would guess they are looking for something more than 5%.

Mr. Bear will once again show his face. When and how much is the million dollar question.

 

[Spaf]

Trap door 2000-2003!

View attachment 1257
Chart courtesy of http://bigcharts.marketwatch.com

 

[Birchtree]

IMHO there is too much fear and that is classic for a bull market - it's necessary for a healthy market. You are not alone and there is nothing to say that I won't flame 30 days from now. But most market timers who have vision beyond 24 hours become hesitant and cautious, trying to avoid mistakes. You have more on the line than most new members. So I say stand your ground.

 

[Wheels]

I'm waiting for Wheels to be our sacrifice.

Wheels no longer posts his moves, but for a couple of bucks I'll PM you my moves so you can predict the collapse and look like a hero.

 

[HarryPotter]

wheels, you can tell us your present position not the changes made today.

For the record, I am as aprehensive as Tom. But I am 40% in S fund, having made most of my money if I fund so far this year.
Remaining 60 % in G fund. 5 % decline from here would be 1355 on SnP. Will we get there before the first quarter is over? I do not know.
Meanwhile SnP may go up to 1450 and we may miss the rally. If I was in from 1250 I would have taken profits now.
Incidently I am in S fund from NDX 2340 and I am looking for 2500 before the first quarter of 2007 is over. I do not see 5 % correction but market has always managed to surprise everyone. Market is and remains overbought but that is no guarantee of 5 % sell of or even 2 % sell off!?
Harry.

 

[Birchtree]

You'll really like him, he is a used to be S fund guru - if he wants to he can be very informational.