MrJohnRoss' Account Talk

[RealMoneyIssues]

Mom and pop will get their feet wet - it will just take time. Days like today will discourage them and that's what contrarians like me like. I'd be plum happy if I were the only one buying equities. As a matter of fact, I have 7 dividends to be reinvested tomorrow and if the market slides a little that's fine with me - any time I can get wall flowers on the cheap I'm happy. And that means I'm happy more often than not.

If you were the only one buying equities, the price wouldn't go up very much...

 

[MrJohnRoss]

So.... the market surprised to the upside today. There will be no rush to head for the exits.

Two of my three timing systems are on a sell. Probably just another whipsaw trade.

I'll continue to hold my S Fund for now.

 

[Handballer]

All's Well That Ends Well (for the S fund)

 

[MrJohnRoss]

So.... the market surprised to the upside today. There will be no rush to head for the exits.

Two of my three timing systems are on a sell. Probably just another whipsaw trade.

I'll continue to hold my S Fund for now.

Glad I didn't sell. Nothing but whipsaw trades all year.

Buy & hold is the name of the game this year.

That is... until it breaks, and something new takes it's place. Nothing lasts forever, so enjoy it while you can.

 

[MrJohnRoss]

Interesting difference in the performance of the C Fund vs the I Fund. Notice the formation of the dome top. Not a good sign for the big caps:





Now take a look at the performance of the S Fund vs the I Fund. Notice the small caps are continuing to outperform.
This is a good sign for those of us in the S Fund... at least for now.

 

[RealMoneyIssues]

"Remember the Fed"


Kinda like "Remember the Alamo"...

 

[MrJohnRoss]

Do you have "Screen Apnea"?

Sitting in front of your computer screen all day could be seriously damaging your health.

 

[RealMoneyIssues]

Do you have "Screen Apnea"?

Sitting in front of your computer screen all day could be seriously damaging your health.

Especially with a bag of chocolate sitting next to you while you watch your hard earned $$ going down the drain...

 

[MrJohnRoss]

Especially with a bag of chocolate sitting next to you while you watch your hard earned $$ going down the drain...

Hahaha!

Chocolate = good.

$$ going down the drain = bad.

Pretty soon you'll be eating chocolate and watching money pour into your coffers = good ^2.

 

[RealMoneyIssues]

Hahaha!

Chocolate = good.

$$ going down the drain = bad.

Pretty soon you'll be eating chocolate and watching money pour into your coffers = good ^2.

Nope, I am fasting... nothing but water until my accounts turn my way...

 

[jkenjohnson]

Nope, I am fasting... nothing but water until my accounts turn my way...

You might starve to death.

 

[jkenjohnson]

JR,

You are always talking about precious metals. Have you considered buying NEM? Gold has to go back up. Thoughts?

 

[RealMoneyIssues]

You might starve to death.

Hmmm...

 

[jkenjohnson]

Hmmm...

Just kidding you know.

 

[RealMoneyIssues]

Just kidding you know.

I'm not...

 

[jkenjohnson]

I'm not...

Well, good luck.

 

[jkenjohnson]

Nope, I am fasting... nothing but water until my accounts turn my way...

Looks like it may be turning your way????

 

[MrJohnRoss]

Had a nice run since 7/8. Going to cash. Moving to 100% G today.

Good luck!

 

[MrJohnRoss]

JR,

You are always talking about precious metals. Have you considered buying NEM? Gold has to go back up. Thoughts?

Funny you should ask. I was just testing out a simple timing system with PM's, specifically NUGT vs DUST.

My tests went back only three months, so take it for what it's worth. There's a lot more back testing to do, but it looks pretty good so far:

Had 7 trades, 5 winners, 2 losers.

Average trade = +19%
Largest winner = +59.2%
Largest loser = -16.8%
Total gain = +191.7%
$100 invested = $291.66

BTW, the system is currently holding DUST, so I would probably not want to be holding any gold miners at this time.

 

[jkenjohnson]

Will you let us know when it flips to NUGT?