MrJohnRoss' Account Talk

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jkenjohnson said:
Are ya'll sure you want to get out today? Some good news on unemployment and housing is out. Might fuel a rally.
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Yes, I'll follow my system. There are always "self doubts", and "what if it doesn't work" thoughts. But I'm trying to take emotions out of my trading decisions. I also realize that not every trading decision is going to be profitable. Even if it turns out I'm wrong, my system will self correct when appropriate. I'd actually like to see an up day today, since I'll be selling at today's closing price.
 
I told myself last night if today was an up day at noon I would exit and if it was another down day I would stay. I'm exiting as well. If things stay the way they are now I will be up over 8% for the year and I'm pretty darn happy with that.

Good luck to all.
 
MaStA said:
I told myself last night if today was an up day at noon I would exit and if it was another down day I would stay. I'm exiting as well. If things stay the way they are now I will be up over 8% for the year and I'm pretty darn happy with that.

Good luck to all.
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Even if we didn't make anything more, 8% isn't too bad for the entire year.

I have a feeling we're gonna get a lot more out of this market, tho. We may have to watch out for the "June swoon", but I think there's some "invisible forces" making sure the market looks good this year. After all, it is an election year.
 
MrJohnRoss said:
Even if we didn't make anything more, 8% isn't too bad for the entire year.

I have a feeling we're gonna get a lot more out of this market, tho. We may have to watch out for the "June swoon", but I think there's some "invisible forces" making sure the market looks good this year. After all, it is an election year.
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Yeah I hope so. As I said before, I am still diggin myself out of the 11.XX% hole I had from last year. What is awesome is that both you and I still have another IFT to move back in before the end of the month if there is a good buying opportunity. I liked being in the market at the start of this month...gives you another opportunity with out limited IFT's.

Is there a way that anyone knows to see how much you have contributed to TSP all together since you opened your account? I am curious to see if I am even positive overall.

Thank you.
 
Mindylou told me this morning she is working hard on building my next buy list - she knows her stocks that's for sure. I always follow her suggestions.
 
Interesting, MaStA, as I came to the same decision based on a similar line of reasoning. I only joined the AutoTracker this month, but for the year I'm sitting right at 8%. I've been driving myself a little batty lately trying to decide whether to stay partially in the S fund or get out. I think for right now, as I'm trying to gain an understanding of how things work, I'll shoot for a gain of 1-2% a month. Eventually, I can see myself becoming more aggressive, but for right now I think I'd be wise to exercise a little patience. I understand that I'll miss some gains this way, but it's an approach that's comfortable for me.

Honestly, I could park my account in G for the remainder of the year and end up with an annual return that if you had offered to me two months ago I would have taken without regrets.
 
One of my favorite shots of the Atlas 5 during liftoff. This shot was taken November 26th, when the Mars Science Laboratory was launched from the Cape.

Atlas 5 Launch.jpg
 
MrJohnRoss said:
Boy, you got that right. Moody's threatens to downgrade more than 100 global financial institutions, and the market goes wild!

Party on Garth!
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To me (and maybe others) it looks like Moody's is just bringing everyone back to pairity. So why panic.
 
JTH said:
I'm glad you sold today, it gives me a chance to catch up (or not) :cheesy:
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It was quite a surprise to the upside today! I'm very glad for it. We will soon know if my IFT was the correct call (or not).

Good luck to you JTH!
 
Big Picture: From SHTFplan.com...

A written document giving firm dates and detailed actions for a planned Greek default has been in the possession of two top Wall Street bank currency trading bosses since the second week in January.

The plan gives a firm date of March 23rd for default to be announced after the close of business.

Senior bankers on Wall Street have been given detailed documentation setting out a timetable to Greek default, including firm dates and technical ‘orders’ about last use of the euro as a currency there.

The document asserts that Greece will officially be declared in default by all the ratings agencies after the close of business on Friday march 23rd. At the weekend all Greek bank accounts will be frozen, with emergency measures detailed to prevent the flight of capital.

This certainly seems plausible. Marking March 23 on my calendar for potential Greek Default Date. More details here.
 
MrJohnRoss said:
It was quite a surprise to the upside today! I'm very glad for it. We will soon know if my IFT was the correct call (or not).

Good luck to you JTH!
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I stayed in as my system is still on a buy. If your signal flips to a buy, will you post a buy or 100%G until you make another trade? It's nice to compare systems. It makes me feel better when both systems (mine and yours) are both on buys or sells.
 
Big Picture:

Dow closes at best level since March 2008.

Nasdaq at best level since December 2000.

The S&P 500 is now less than 0.50% from a 44-month closing high.
 
jkenjohnson said:
I stayed in as my system is still on a buy. If your signal flips to a buy, will you post a buy or 100%G until you make another trade? It's nice to compare systems. It makes me feel better when both systems (mine and yours) are both on buys or sells.
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Yes, it would be comforting (for both of us) if our signals coincided, but it's just not meant to be (yet).

I will of course update my signal if a change occurs.

Good luck jken!
 
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