nasa1974's Account Talk

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dannyboy said:
:) A quick update. I'm sorry for not remembering the IFT change process exactly. Every time that I made the " Well after changing that once, twice, three, four times, before noon ", I would cancel that IFT request then make another IFT change. I'm wondering,
"Do I have 1 IFT left for April (100% G)" or 2
"my other regularly allotted IFT of the 2 IFT's per month and the default (100% G)",
Is it PARTY TIME :cool: or
time to crash at SATAN's crib again,
Click to expand...


I am guessing that if your last move was to cancel all previous moves and stay in G then you still have 2 IFT's left for the month.
 
This a public service announcement brought to you by:

TSP.GOV http://www.tsp.gov/account/index.html

Special Notice for April 10: Because some of the stock and bond markets will be closed Friday, April 10, we will not be updating share prices in any of the TSP funds for that day. Consequently, transactions will not be processed until the following business day (that is Monday, April 13).


 
Nasa - Over in Birchtree's thread you said...

nasa1974 said:
Let's hope April finishes like March.
-3.75% in two days.:sick:
Click to expand...

I know you've been down before and clawed your way back up so heres my question.

Do you have a limit? Wheres your "stop loss?" 5%? 6%? 7%?

I'm just trying to figure out when enough is enough.

TIA! :)
 
KevinD said:
Nasa - Over in Birchtree's thread you said...



I know you've been down before and clawed your way back up so heres my question.

Do you have a limit? Wheres your "stop loss?" 5%? 6%? 7%?

I'm just trying to figure out when enough is enough.

TIA! :)
Click to expand...


Kevin I sort of have a limit. I have a dollar figure in my fund that I do not want to go below. Example, currently you have $100,000.00 and with the current market and limited IFT's you may have a do not go below of $80,000.00. So you have to adjust your thinking to that limit. Just before we lost our daily IFT my limit was 5% of my total. But you could jump in and out of the market more often. :)

Good Luck!!!
 
Interesting reading. Go to the link for the charts.

http://www.stocktiming.com/Thursday-DailyMarketUpdate.htm




Can Wells Fargo light a fire that can stay lit?
​
This morning, some pit traders were saying, "Not so fast, slow down ... I don't quite trust this yet".
Trust what?
Wells Fargo's big announcement this morning, where it said that they expect record first-quarter earnings of $3 billion. Obviously, investors were optimistic, because Wells Fargo stock was up 35% at 8:58 AM this morning in pre-market trading. Hordes of other bank stocks were moving up at the same time.
The XLF (Financial Sector ETF), was up 10.98% at 9:00 AM which shows the enthusiasm for banking stocks this morning.
Pit traders were quick to point out that Wells Fargo is only the first bank to provide a forecast for first-quarter results.
One pit trader commented (about Wells Fargo) ... "Up over 30%? Did everyone just forget that they just took 25 billion in bailout money? Do the math ... the 3 billion they just made is only 12% of what they have to pay back. At 3 billion per quarter, it would take them just over 2 years to pay it back."
I checked, and Wells Fargo earned 2 billion in the first quarter last year, versus 3 billion this year after taking 25 billion in gov. bailout money. So they made 1 billion more than last year for the first quarter, but only after the government's 25 billion injection ... and the stock was up 35% before the market open????
I'm guessing, but it is probably WHY one pit trader said, "They're putting the cart before the horse" this morning.
The chart below shows what the XLF (Financial ETF) looked like before 9 AM this morning. That's a lot of enthusiasm for the entire sector when only 1 bank has reported. This morning, there was also speculation talk about one large bank that is expected to report a loss of over 1 billion next week. Will that erase this morning's Well Fargo enthusiasm, or will investors say its terrific because they could have lost a lot more?
Have a very Happy Easter and weekend ... the market's are closed tomorrow.
 
nasa1974 said:
Interesting reading. Go to the link for the charts.

http://www.stocktiming.com/Thursday-DailyMarketUpdate.htm




Can Wells Fargo light a fire that can stay lit?​

This morning, some pit traders were saying, "Not so fast, slow down ... I don't quite trust this yet".
Trust what?
Wells Fargo's big announcement this morning, where it said that they expect record first-quarter earnings of $3 billion. Obviously, investors were optimistic, because Wells Fargo stock was up 35% at 8:58 AM this morning in pre-market trading. Hordes of other bank stocks were moving up at the same time.
The XLF (Financial Sector ETF), was up 10.98% at 9:00 AM which shows the enthusiasm for banking stocks this morning.
Pit traders were quick to point out that Wells Fargo is only the first bank to provide a forecast for first-quarter results.
One pit trader commented (about Wells Fargo) ... "Up over 30%? Did everyone just forget that they just took 25 billion in bailout money? Do the math ... the 3 billion they just made is only 12% of what they have to pay back. At 3 billion per quarter, it would take them just over 2 years to pay it back."
I checked, and Wells Fargo earned 2 billion in the first quarter last year, versus 3 billion this year after taking 25 billion in gov. bailout money. So they made 1 billion more than last year for the first quarter, but only after the government's 25 billion injection ... and the stock was up 35% before the market open????
I'm guessing, but it is probably WHY one pit trader said, "They're putting the cart before the horse" this morning.
The chart below shows what the XLF (Financial ETF) looked like before 9 AM this morning. That's a lot of enthusiasm for the entire sector when only 1 bank has reported. This morning, there was also speculation talk about one large bank that is expected to report a loss of over 1 billion next week. Will that erase this morning's Well Fargo enthusiasm, or will investors say its terrific because they could have lost a lot more?
Have a very Happy Easter and weekend ... the market's are closed tomorrow.
Click to expand...
I agree 1000%.
We all know the truth, but we all refuse to believe it.
why? :confused:
 
Boy, I really hate using my second IFT to start pulling back to G but I have to realize that it is not about the tracker but my TSP account. But today looks to be a good day to save some profit.
G...45%
F.....5%
C...15%
S...20%
I....15%

Getting myself lined up for <1% options. :D

Good Luck everybody.
 
Wanted to repost this message.

Pay attention to the "Special Notice" in blue.

Everybody have a nice weekend.




Special Notice for April 10: Because some of the stock and bond markets will be closed Friday, April 10, we will not be updating share prices in any of the TSP funds for that day. Consequently, transactions will not be processed until the following business day (that is, Monday, April 13). In addition, because of system maintenance, the TSP call centers will be closed Friday. They will reopen Monday morning at 7:00 a.m., Eastern time.


Special Notice: Due to system maintenance, Account Access will be unavailable from 5:00 a.m. Eastern time, Friday, April 10th till 6:00 a.m. Eastern time, Monday, April 13th. ​
 
Well the S&P not only pierced the 850 resistance but closed above it by 6 points. :nuts: Monday will be very interesting. :notrust:
 
nasa1974 said:
Boy, I really hate using my second IFT to start pulling back to G but I have to realize that it is not about the tracker but my TSP account. But today looks to be a good day to save some profit.
G...45%
F.....5%
C...15%
S...20%
I....15%

Getting myself lined up for <1% options. :D

Good Luck everybody.
Click to expand...

Looks like you made a good move, and good profit today. You may be able to use those <1% options for the rest of April.
 
Last edited:
Re: Nice Balance...

Boghie said:
And, that with 45% in G, and 5% in F.

Amazing bump.

Not too much downside risk either :)
Click to expand...


Boghie, I was 30C, 35S & 35I when I earned the 3.88% increase. At COB yesterday I was recalculated to 45G, 5F, 15C, 20S & 15I.
 
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