Mapper's Account Talk

[Mapper]

TSP:
As of today my TSP went from about 30% in to about 80% in (mostly C and S with a sprinkling of I) and 20% G.

IRA:
My IRAs are approximately 90% in, mostly dividend stocks that I plan to hold indefinitely. I'm keeping some powder dry in each account to deploy if we drop some and I see some "golden" prices.

I'm playing these accounts in this manner to keep a good amount of skin in the game as I'm mid-term (multiple months/year) and long-term (years/decades) bullish.

Taxable brokerage:
I'm still laddering into and holding a large short position in my taxable brokerage account. Call this a hedge or short-term bearish lean. I feel the markets have gotten overextended and are ready for a breather/small correction. I see the shorter term MAs starting to level off and feel we've been moving into a flattop type pattern on the bigger Issues/Indexes. If that happens I'll raise some capitol to deploy for the next leg up. Alternatively call it foolish (more likely the case).

Good luck all!

 

[Mapper]

Head's up TWTR and FB have lost a lot of ground in the last month. I know a lot of folks think there is little to be seen in those two but my opinion, for the long term, is different. Not so sure on TWTR but FB has tremendous marketing power and information. I'm waiting to see things settle out a bit and plan add more to my FB positions and begin laddering into TWTR.

 

[Mapper]

I think the the slow fade today is good for news for those "in" for the next couple of days. Beyond that I'm more skeptical. It feels like we are moving into some patterns that, over the course of a month or so, could be considered flat top-ish. I'm staying in a holding pattern for the time being but considering a few more "sells" than "buys". I'm still looking for the right way to add some FB though.

 

[Mapper]

Changing things up. Moving TSP to 50G 50F.

As mentioned in my last post I personally "feel" as if things are flattening out which could increase the likelihood of a change in character for this bull market...it's long overdue, in my opinion. Couple that with fact that I made off with a solid 1+% on this last trade, the Transports are really struggling, all the folks that have been recently commenting on entering (last week/early this week) and JTH's comment on the bullish sentiment from the SS....and I'm reigning in risk, for the moment.

Concerned I'm being too feeble but my other accounts are all about 75% in (IRAs at 90% equities/10% cash), so I've got good exposure to risk, mostly dividend paying large caps and a couple small caps I like. I'm looking for good entry on TWTR and plan to add to my FB position once I feel these have settled a bit.

I continue to hold my sizable loser TZA position in my taxable account. I have not added to it recently but am patiently waiting for a "correction" so that I can sell it and buy some "wall flowers"

 

[Mapper]

If we had more moves available I'd move a small percentage back in today, it would be like wading back in. We don't...so I'll wait and try to see if we will drop further before I jump in with my eyes closed.

 

[Mapper]

sorry for the late note. I offloaded 15% of my TZA at $16.90 today. 14% gain on that particular lot so I decided to "book it". I still have plenty of TZA that is DEEP in the red and I'm waiting to see if we drop any more. I'm thinking there is still pain ahead. Not saying that for the short term (coming days) but I do believe we'll see lower lows in the coming months.

 

[Mapper]

Trendy tech stocks observations:

As you know the Nasdaq has been suffering. Lots of potential opportunities depending on your time horizon.
FB popped big the last 2 days and recovered a lot of ground, wish I had snagged some in the 55-57 range. maybe another shot at that soon.
TWTR is still slowly bleeding. Keeping an eye on it and getting much closer to initiating a position.
GOOGL has been bleeding too since the split. If you've been wanting to own a piece of that giant this may be a time to start looking.

Edit: I will add that the beat-downs many of the tech stocks are taking is making me a trifle nervous :worried:

 

[Mapper]

In case anyone is paying attention to my ramblings...

Take a look at TWTR today if you think you may be interested.

Edit:
I just initiated my TWTR position. A definite gamble but I see longer term potential and this sell-off smacks of over-reaction to me.

 

[Mapper]

Bought more TWTR today.

Looking at purchases in KO, BAC, F and GOOGL

 

[Mapper]

bought more TWTR, FB and F today. Looking long term.

 

[Mapper]

Added some T, and KO to my Roth today.

Current positions update...I think I failed to note a early May defensive move in TSP:

IRAs: 25% cash 75% equities
Taxable Brokerage:75% short, 16% cash, 9% equities, all contributions going to cash.
TSP: 24%G, 48%F, 11.5%C, 9.5%S, 7%I. All contributions going to equities.

Overall: roughly 50% equities, 50% cash/short

I'm getting sick of the cash, and moreover, short positions but not yet ready to unload them...still waiting/hoping for a larger "dip" to buy into. Meanwhile, I'm probably playing 2014 too "safe" as well...I paid dearly for that in the 2nd half of 2013.

 

[Mapper]

Also decided to add to my DGI position in my Roth.

After typing that last message I was bothered by overall positions. Today seemed like a good day to shift some of my TSP holdings out of the F-fund and into C,S,I Funds. So, at close of business today I'll be:

25G, 15F, 30C, 25S, 5I.

 

[Mapper]

Added some TZA, keeping TSP as is.

edt: This is for "short" term work. I'm currently managing TSP more for the "mid/long" term.

 

[Mapper]

XOM taking a small beating recently. Might be a looking at a good opportunity to add some to the long term/income account.

 

[Mapper]

Time to start looking for "wallflowers"

A Day, or many, like this have been a long time coming. Even Birch recently commented about the looming correction. Will know in the coming days if the time has come, but seems to be a perfect storm of small news crises to take the "blame". Been holding my TZA positions for way tooo long, maybe soon I can start unloading them and look for some nice bargain prices.

 

[Mapper]

TSP:
taking some off the table, going 50G 20F 10C 10S 10I

Keep hearing that yesterday was a 1-off news driven event. That may well be true, but also seems like a ripe opportunity to "pull the rug" from under folks. Moreover, I'm on vacation with very limited computer access until the 29th...so I figured I'd protect my assets a bit while off grid. Mainly anticipating the probability of a lower price for buying back in when I return. Still plenty of exposure in other accounts and I'll let those ride.

Good Luck!

 

[nasa1974]

Good luck mapper. I know the feeling when you don't have good computer access and the market is squirrelly.

 

[Mapper]

Good luck mapper. I know the feeling when you don't have good computer access and the market is squirrelly.

Sometimes it is a beautiful feeling!

 

[Mapper]

Fyi:
TWTR jumped up 22% this morning. I may be selling my shares to lock in that jump. IF I do...still to be determined...I'll be buying back on any coming dip.

 

[Mapper]

Sold TWTR

Adding more shares to my BDE position.

TSP is staying put for now.

Good luck out there!