NSurf9 Account Talk

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Lets hear it for Tom (IRON MAN) Crowley!! JOB WELL DONE ! ! !

Still the best, unbiased, well rounded, general financial market and TSP specific commentary I ever seen. You go and take that well earned vacation . . . but, could ya just call-in a few notes to someone on the TSP Talk MB, maybe?
 
Lets hear it for Tom (IRON MAN) Crowley. JOB WELL DONE ! ! !

Still the best, unbiased, well rounded, general financial market and TSP specific market commentary I've ever seen.

Go take that well earned vacation - maybe you could just call a few notes in to the TSP MB.

nsurf9

As a matter of note, as of gutting my TSP fund via a loan, I am now at about 114%, or higher when I cash out of BP. I've learned its very helpful to have a trading account with following stops (limit), "margin" to avoid 3-days transaction settlement time, and before/after market trading ability.
 
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Thanx for moving to the lily pad today - that's an opportunity for me to slide into that #42 slot on the tracker. The tracker is really clearing of traffic which will make the bull charge that much easier.
 
P.S. considering the ~5% uptick and volumn yesterday afternoon, and continuation this morning, the number of TSP members moving to S - I'd say the rally is on. But, the market has an angry bear and its not quite into the season to hibernate and the bull is still dizzy from getting hit in the head and body.
 
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I'm getting a distinct chill on my tootsies and feet. I've got the feeling I should have used an IFT (got 3 left) today, and sat out for a while. This is not a technical or fundamental driven market, it a politically driven one. EU is just idling. At least the shorts are being covered. Really tempted to go to F or G today because we moving into the tops of some doward trend lines of the last few weeks - I'm in now - let's look at one more day.
 
Hopefully Friday is the only chill to my tootsies. I can hope. My thought is that for the rest of the year, the soverigns will kick out the stops and do all that can to catch the usually strongest of the year December winds. If I wanted the most wind to my back, that's what I'd do. Also, looking from a 10-year timeframe and a 2008 retracement, albeit alongated and full of holes, 1250 is certain possible. I have 3 IFTs for October, having remained (which I hated to do Thursday, I wanted to take the money and run) in S. Looking (hoping) for a 2-day pop, then perhaps a little wait and see - I'd like to pocket at least one of these bounces. Now, if Occupy Mainstreet adds the Whitehouse and Congress to their list, and make them get something, anything, done, business and the perhaps the American sole prietor and entreprenur can get this country moving again.
 
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Article set tone for my upcoming TSP strategy. Stay S for another +1.3%, or to ~1240 S&P level, hopefully early next week. Get a take on whos up and how much for the earnings report this week. S&P just broke some recent tops trendline into to some now new ground/resistence. I still have one more round-trip left for equities in Nov. affording the luxury side-step for a week, then back in to C/S or I for the Nov end with positive news on the EU bailout/shoreup.

EU moved the markets last week with (yet one more time): we will stand strong behind the EU banks and soverigns. IMF also setup up (Friday?) saying the same (and we really do have the money and don't need to heard 17 stray cats). Looks like they may understand they're effort will likely be easier with the Nov/Dec winds at the back. US will probably only do the Twist and ride EU's coat tails -like the EU did with the US bailout. If all goes well S&P breaks 1240, good earnings (20%), the wind and EU, and holiday US consumer sentiment all goes well - 1350 S&P is certainly possible before Christmas, or just after.

Stocks brace for earnings deluge (S&P forcasted +23%)
http://www.wfmz.com/business/Stocks-brace-for-earnings-deluge/-/121698/3824696/-/hdng6u/-/

ps anybody head for Steady?
 
Topped out at 1238 - that's close enough to 1240 for Gov work. EU may actually have to have one foot sliding over the ledge to get serious.

Although, I think I like to still be in equities, I know I am glad to be on solid G ground over the weekend. At least I got to sail/sell out of a little ralley - maybe back in Tues, or even Monday afternoon. EU's suppost to make a decision "at lastest" Wed? Wish I had my old once a day IFT.

Al Gadaffi all gone!

Anybody heard for SteadyGain?
 
nsurf9 said:
Topped out at 1238 - that's close enough to 1240 for Gov work. EU may actually have to have one foot sliding over the ledge to get serious.

Although, I think I like to still be in equities, I know I am glad to be on solid G ground over the weekend. At least I got to sail/sell out of a little ralley - maybe back in Tues, or even Monday afternoon. EU's suppost to make a decision "at lastest" Wed? Wish I had my old once a day IFT.

Al Gadaffi all gone!

Anybody heard for SteadyGain?
Click to expand...
It has been a while since Steady has posted. I hope he's doing well.
 
I was going to IFT back to S, maybe I. But stuff is looking pretty "iffy." EU can't really agree on if and how to kick the can with Wed looming; Super Committee might not be so super and auto $1.2T cuts kick-in; several soverigns, including France and US peeking up to downgrades; gold and silver hitting parabolic -- Climb the Matterhorn of Worry? What a wave to surf!
 
nsurf9 said:
I was going to IFT back to S, maybe I. But stuff is looking pretty "iffy." EU can't really agree on if and how to kick the can with Wed looming; Super Committee might not be so super and auto $1.2T cuts kick-in; several soverigns, including France and US peeking up to downgrades; gold and silver hitting parabolic -- Climb the Matterhorn of Worry? What a wave to surf!
Click to expand...

kick the can is about all they are doing...pathetic.
 
Oh yeah, Consumer Confidence came in at lows of the Great Recession of 2008 - just before 2011 Nov/Dec holidays. Nevertheless, do you buy another 2% down rhythm and sell into another 2% crest. What about all this mess? Can it become catapult to 1350 "and beyond;" or a nosedive into 1130 "and way below." Friends don't let friends buy and hold - unless they're the TSP board. They lock your steering wheel and run you into oak trees, snow banks, and finally straight off the cliff. Those lowsey rat ba$t@rd$.
 
nsurf9 said:
" Friends don't let friends buy and hold - unless they're the TSP board. They lock your steering wheel and run you into oak trees, snow banks, and finally straight off the cliff. Those lowsey rat ba$t@rd$.
Click to expand...

Right with you.
 
Darn it, darn it, darn it ! ! ! Yesterday, I deliberated moving to S or I. Poland statement as to the EU cancellation murked up the waters. Discerned the 17 member EU meeting was still on. Saw I is was making a move up on S - work delayed me until 11:57. 12:00 clocked in and it was too late to make the transfer. I had saved up my IFTs just for this occasion. I had the big wave right in my crosshairs. Darn, darn, darn, darn, darn.

Anyway, good surfing to those who caught it. Couldn't get myself to pull the trigger today. Although consumer spending, income is on the economic calendar tomorow (low movers), I believe dead cats bounce, and rockets get parabolic.
 
nsurf9 said:
Darn it, darn it, darn it ! ! ! Yesterday, I deliberated moving to S or I. Poland statement as to the EU cancellation murked up the waters. Discerned the 17 member EU meeting was still on. Saw I is was making a move up on S - work delayed me until 11:57. 12:00 clocked in and it was too late to make the transfer. I had saved up my IFTs just for this occasion. I had the big wave right in my crosshairs. Darn, darn, darn, darn, darn.

Anyway, good surfing to those who caught it. Couldn't get myself to pull the trigger today. Although consumer spending, income is on the economic calendar tomorow (low movers), I believe dead cats bounce, and rockets get parabolic.
Click to expand...
We all know how that is, BUMMER!
Fit.gif​
 
I can't remember any uglier looking, and potentially awful, spewing news from the world economies. The EU's "its a framework" is now "we promise its a framework." Greece the 17th stray ca, we knew was stray, after we all took eyes off it for just a spit-second, to get a breath that the EU might be finally, makes a run for it (whatever that is) like someone lite its tail on fire with blowtorch. China is cooling off and cooling to the EU "we can help" touch. And, the US Congressional (no so) super committee announced it wants test (something less than required) for potentially running aground. Oh yea, did I mention I burned an ITF without using it in Oct and I had to have root canal (true). Actually the markets are recovering better this morning than I expected. Thats not just a big wave out there. Got to love it ........................................... must be time to buy!
 
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