Lakebound's Account Talk

[Lakebound]

I've been a member here for a little while and failed to heed Rule #2 about starting my own account talk thread so, here goes!

As my signature currently states, I am close to retirement and have been contributing as much as possible to my TSP account for the last 21 years that I have been with DOJ. I admit to be a complete novice at trading and understanding 50 DMA's and the like. But, I am a premium member and enjoy reading the commentary and advice given here.

Currently, I was one of those who "bailed" out to G fund earlier last week. With 2 IFT's for March 2015, I'm pleased with where I am at the moment.

Regards,

 

[tsptalk]

Now you're official!! Thanks for joining us and thanks for being a member!

 

[Lakebound]

Now you're official!! Thanks for joining us and thanks for being a member!

Thank you Tom.

Frank

 

[nnuut]

Welcome Lakebound, we bailed out the same day. Even a blind squirrel finds a nut sometimes.
Best of lick
Norman

 

[Lakebound]

Welcome Lakebound, we bailed out the same day. Even a blind squirrel finds a nut sometimes.
Best of lick
Norman

Agreed! My decision was more luck than anything. Of course, next week could prove to make us very sorry to be sitting on the curb in G fund too.

Frank

 

[nnuut]

Agreed! My decision was more luck than anything. Of course, next week could prove to make us very sorry to be sitting on the curb in G fund too.

Frank

My finger is on the button, but I have to see a real confirmed turn around before I jump back in, this drop may have legs and have small jumps trying to sucker Dumb Money back into the Market. I usually am late getting back in on a turn around and they usually go up to fast to catch, for me.

 

[Lakebound]

My finger is on the button, but I have to see a real confirmed turn around before I jump back in, this drop may have legs and have small jumps trying to sucker Dumb Money back into the Market. I usually am late getting back in on a turn around and they usually go up to fast to catch, for me.

I believe that it is also important to factor in where a person is in life or career. Some of us are close to retirement, others are retired while others are just starting out.

So with that said, what's prudent for me may not work for you or the other way round.

Frank

Sent from my XT907 using Tapatalk

 

[nnuut]

That's very true, I am retired and tend to be more frugal than those just starting and those close to retirement.

 

[Lakebound]

As crazy as it sounds, I am back with the bulls today and am taking a chance on tomorrow for a bounce! 1 IFT to go for March for a return trip to G if and when we need to. Man, I hope I don't regret joining back with bulls again! I was feeling soooooo smart this last week.

And I am the dumber money,

Frank

 

[tsptalk]

Good luck! You made a good call to get out. If your timing is right this time, you will probably be in the top 3 on the autotracker by the end of the week!

 

[Lakebound]

Good luck! You made a good call to get out. If your timing is right this time, you will probably be in the top 3 on the autotracker by the end of the week!

Let's all hope that the W4500 goes way up for all of our sake. I did get lucky getting out but, I am a complete novice. I really felt cold and lonely sitting on the curb with the bears because as you know, bears don't share and bulls run together.
Besides, "retirement be damned" I want a coffee cup!

Frank

 

[soon2retire]

Here's a good read...
What Now for Stocks? Deutsche Bank Answers 10 Key Questions About the Market - Focus on Funds - Barrons.com

 

[Mcqlives]

Here's a good read...
What Now for Stocks? Deutsche Bank Answers 10 Key Questions About the Market - Focus on Funds - Barrons.com

Bianco is a good read...I wish he (maybe he does and I don't know it) had a blog or published more. I have read his stuff on Barrons off and on and he has a good grip on things, IMO.

 

[tsptalk]

Good luck! You made a good call to get out. If your timing is right this time, you will probably be in the top 3 on the autotracker by the end of the week!

#2

 

[Lakebound]

#2

WOW! What an honor. I only hope that I can hold out until the end of the Month.

Thanks for updating the Tracker before my bed time Tom! :smile:

Frank

 

[nnuut]

Good Move!:cheesy:

 

[Lakebound]

Good Move!:cheesy:

Thank you. Even a blind squirrel finds an acorn now and again.

Frank

 

[Mcqlives]

Thank you. Even a blind squirrel finds an acorn now and again.

Frank

In light of who you were responding to...thanks for using the word 'acorn'

 

[Lakebound]

In light of who you were responding to...thanks for using the word 'acorn'

:laugh:

 

[Lakebound]

Okay, top of the AutoTracker heap after the close today and just as surprised as anyone to be honest. I still call beginner's luck when I moved back to G fund for a few days last week. I have been trying to learn how to read and understand Candlestick charts today but remain confident in the Premium Service that I am a part of. I am very grateful for everything that I have been learning here.

All I can say is "Wow". I'm almost afraid to hear the opening bell tomorrow.

Frank