MarkC's Account Talk

MarkC

Member
My basic strategy is to buy low and sell high. I try to time the natrual peaks and valleys of the stock market. I expect May and June to be negative months for the market. During months of strong growth, I try to stay in the market and make IFTs when I feel a dip coming and stay in the f or g until the dip is losing momentum. During weak months, I stay out most of the time and get in the S or I for the rebound. I read the financial news every morning and use that to make educated IFTs. My current 12 month rate of return is 45.28%. I just recently made my first bad IFT since several months ago.
 
Re: MarkC

Welcome to the Board MarkC, that's one heck of a return.:D
Best of luck
Norman
 
Get him on the tracker where payroll contributions don't count and we can then all share in the humility. Welcome to the 'Game of Thrones'.
 
Welcome to the Forum MarkC,

That is a very impressive return. It will be interesting watching your strategy play out on the tracker.

Good Luck and All the Best,

Poolman
 
I read the financial news on my phone with Google Finance. I don't pay very much attention to the experts or indicators. The market will consistently provide opportunities through overbought and oversold conditions. The trick is to weigh the short term impact of the financial news and the long term impact. Some news drives the market down but will not have a long term impact, therefore the market may drop for a few days, but will rebound quickly, so I will return to the S or I accordingly. News with a long term impact will drive the markets down for a week or two, which causes me to wait longer before returning to the S or I funds. Good news works with the same principal. I have been following the markets daily for ten years, so my instincts have improved and allow me to more accurately judge the duration of upswings and downswings. I also try to avoid being greedy when deciding when to make IFTs. I used to try to make the best possible move every time and that often caused me to wait too long. Now I simply have a goal of exceeding the returns of the best performing fund of any given year. I try to exceed the market by 1-2% per month, which gives me 12-24% above just leaving my money in one fund all year. I'm currently more than 20% above the S-fund in the last twelve months. I hope this helps. It's hard to describe how I make the IFT decisions that I make.
 
Moved to f-fund today. I expect June to finish in the red. I will look for a short return to the s or I in June.
 
I will DEFINATELY be watching your moves... dang, that is a sweet annual return !!! :nuts:
Thank you. I will try to post each time I make an IFT. I move my money first, then I move my wife's, then I send a text to my co-workers, then I post my move on the Auto-Tracker, then I will try to post a comment, then I will catch my breath.:nuts:
 
I used to try to make the best possible move every time and that often caused me to wait too long.

It's hard to describe how I make the IFT decisions that I make.

Who hasnt gone that route, recently even. lol.

It wont be hard for others to follow you on the Tracker (hint hint)
 
I'd wish you luck, but I don't believe in that 4-letter word. If you do something a certian way and continue to get good results, that isn't luck, that's you making the trade happen.
 
I am extremely frustrated with the recent stock market freefall. I almost never sell on a down market, but I'm worried about the jobs report that will come out on Friday. I lost almost $15,000 in the last week+ and I refuse to realize the loss. I'm sure that many here have lost more than that. It never feels good to lose money, no matter how much. Many people panic and miss the rebound. The only risk is the possibility of a double dip recession, which I believe is unlikely. I will be patient and expect to get some of my money back over the next two weeks and all of it back over the next 2-3 months. My optimism has given me great gains most of the time, yet deep pains during recessions.
 
You don't have a loss yet - only a devaluation. If you were to move to the G fund then you would lock your loss. Be right and sit tight. Our present crisis is government precipitated - 2012 can't come soon enough for me.
 
I now believe (75%) that we are heading for another recession. I moved to 50% F-fund, and 50% G-fund COB today. I was unable to asscees this website from my phone, so I was late entering the move in the AT. I will accept my losses like man. I am still up about 8-10% YTD and that would look good if the S-fund finishes down -25% for 2011. I could really use a crystal ball right now!
 
Back
Top