NSurf9 Account Talk

[nsurf9]

I know the last few days pattern - its the immediate knock the snot out you until you wake up later and discovered is was, or wasn't, a nightmare pattern.

By the way, it give me the hebe-gibies.

Somebody, please remind The Bernake this is an election year and to "just say" the letters Q and E, roughtly in that order.

 

[nsurf9]

Right now the S herd stampeed up, and up its probably over and the market is likely headed for some significant sideways chop, or worse. Further, its early in the month and Friday afternoon you probably went thru the analysis of should I pick-up on the significant Friday drop, at the noon IFT deadline, or save the IFT because you don't want to have to dodge the potential falling knife Monday morning and loose your one round trip and be forced to sit in the no-return G fund; or even worse needlessly suck up the loss and hope for a pop when their may not be one before you suffer gut-wrenching losses before you recover.

I'm not sure if I'll get to use.....needlessly suffer the ridiculous fustriation of loosing 10 of thousands dollars because don't have any IFTs left, or are so chilled by that restriction, that they [am] afraid to move either in to equities, or out of them, or loose [my] their natual instincts by something that should cost -------$4.95!

I seem to have lost my asp. Could someone help me please find my asp - the last time I saw it, it was stuck in thost early in the month IFT restrictions.

 

[polarbear]

What is an asp? While I'm at it, I wish nordic well. Here are a few of my recent reads:

1) Today: Technical Market Report for May 19, 2012 | Mike Burk | Safehaven.com (I get it by e-mail)
Summary: rough sledding ahead. Like your idea of rough sideways chop.
2) haven't read it yet, but juicy title: Market Report: The Dam Has Broke | Nouf | Safehaven.com
SH has some good reads from time to time
3) For All The Shouting, This Is Still A Normal Correction - Seeking Alpha
Haven't read it yet either, yeah, you think. Maybe.
4) Why The EU Debt Crisis Will Continue To Punish The Markets - Seeking Alpha Let the sadism continue.
First sentence is juicy, even first paragraph: The mkts should soon find support on their currrent selloff, but it will only be temporary. Wait for that bounce to get out, nordic, then . . . GET OUT!!!
5) Europe, Facebook Could Cause Sell-Off Next Week - Seeking Alpha Is this a juicy title or what?
6) And now for Michael Gayed on MarketWatch (MW):
Forget Facebook; stocks are at serious risk - MarketWatch Juicy title, very juicy start-off quote from Jane Fonda. Watching Barbarella at the age of 20 permanently restructured my brain. Juicy article.

I've waited four years for the chance to be out when it's seriously good to be out. You get tired of getting beat up after a while. I am sitting back and enjoying not suffering while I train the servants (that's a joke).

 

[nsurf9]

Polarbear, an asp is a snake, in this case a floppy trendline that drops so low below the floorboards that you can find its head, or how much lower in the instant market correction, it will go. My guess is not 'til every index is at or below November 2011 marks - - unless the Q E 3+, or the double-twist.

 

[polarbear]

That would be an additional 12% drop.

 

[nsurf9]

Been in Fort Lauderdale helping my dad for the last two weeks - guess what I forgot ... that blasted long TSP log-on number. Oh, the pain!!! When I get back (Tues evening), I'm going to redo that alt long-on. I will never, ever,again be caught with no ability to change my allocation.

 

[Khotso]

Been in Fort Lauderdale helping my dad for the last two weeks - guess what I forgot ... that blasted long TSP log-on number. Oh, the pain!!! When I get back (Tues evening), I'm going to redo that alt long-on. I will never, ever,again be caught with no ability to change my allocation.

Sorry to hear that nsurf ... that's why I keep it and TSP phone number in my wallet. I didn't know there's an alt log-on though. Where can I find that on the TSP site?

 

[nsurf9]

Sorry to hear that nsurf ... that's why I keep it and TSP phone number in my wallet. I didn't know there's an alt log-on though. Where can I find that on the TSP site?

That lesson just cost me a bundle - I could have made a close to the end-of-the-month IFT with little worry - I would get new IFTs quickly in June.

You'll use the same password but with a User ID - you just don't need that 13 digit account number.

I entered a User ID a long time ago, but forgot it -- and kept using the account number from a note I kept in a safe, remote place. Now, I'll never need that note again.

>>>>>>>>>>>
Create a User ID, instead of TSP Account Number.

Go to TSP gov site. 1st Radio Button at the top "MY ACCOUNT"; then, bottom left column "PROFILE SETTING"; "Enter user ID of your choice:" and make a sensible ID to log-on instead of using that god-awful 13 digit number.

Ok, I've changed the User ID.

 

[Khotso]

Cool! Thanks for the info.

 

[nsurf9]

A very good read on the "big" picture to make sense of where we are - from Briefing.com

EFA (I fund) seems to be showing the beginnings of some a come-back.

ISM was dissapointing this morning.
ECB decision to cut rates Thursday.
US employment data Friday.

Looking to be out Thurday afternoon

The Bullish Alternative - A Mid-Year Update
The Bullish Alternative - A Mid-Year Update

 

[nsurf9]

I rechecked my IFT, just to make sure I was in fact in the G fund - I am! T h a n k - y o u!

Alcoa came out with the only bright spot, but now the rest of US (techs) are going to dish out a crap-load of bad earnings. China is slowing down (probably more than they say, judging by their electricity useage drop). And, now we're finding (w)holely details in the new Spanish end-of-the-month bailout with boot, as per usual with the boot and balance of the european rhetoric.

The last time (June) I got the hibigeebies, I lost something to the tune of 9%. Anyone else got hibigeebies?

 

[JamesE]

The last time (June) I got the hibigeebies, I lost something to the tune of 9%. Anyone else got hibigeebies?

This is still a correction within an IT advance, but it is hard to find reasons for this to push up right now. Don't listen to me tho, I was up 6% until April and after today I'll be -5%. Market pros can't even get a handle on this action, I'm just hanging in, it's got to go up sometime.

 

[nsurf9]

It looks like, at least at 10:45am 7/12/12, the DWCPF has put in a technical bottom on a intermediate downward trend, however it still seems to me there are a lotta icy, oily and broken steps back up to the sunshine- and heaven only knows what might come down beside sunshine, even before we get there.

And make no mistake, the "basket to 'heck'" doesn't care how technically your bottom is!

Still got the heebegeebies, but still considering a quick dash into C, S or I - we've got 30 mins to figure it out.

 

[uscfanhawaii]

This is still a correction within an IT advance, but it is hard to find reasons for this to push up right now. Don't listen to me tho, I was up 6% until April and after today I'll be -5%. Market pros can't even get a handle on this action, I'm just hanging in, it's got to go up sometime.

I am hanging in also....but concerned about the overall picture. I am looking for a good exit point cause it 'feels' like there will be a big drop late July or Aug.
But don't listen to me either, I was up +1.5% early in the year but am now 7 from the bottom at -8%.

 

[Handballer]

I am hanging in also....but concerned about the overall picture. I am looking for a good exit point cause it 'feels' like there will be a big drop late July or Aug.
But don't listen to me either, I was up +1.5% early in the year but am now 7 from the bottom at -8%.

You had a nice ride up today, better than most of us. Thursday I had a loss of 0.75%. With a gain of 1.53% today I have a gain of 0.76% for the year.
Whatever, I plan on reducting my %s in C and S funds Monday.

Good luck to all of us the rest of year.

 

[nsurf9]

Uscfanhawaii, those nice rides up will raise your return faster than you might think. I was down to about 4%, now, I climbing. Missed my Thursday move to the S fund - a phone call that couldn't wait at 11:56am. The Wizard (of Oz) I see picked up the 1.4% for 25% total for the year for a nice quick play. A QE3 play may still get clearer in the couple of weeks (I belief 4 voting feds are in favor) and I'll still have dry powder.

I'm still working on the IFT restriction relief - it make take getting a bill thru U.S. Congress (Stephen F. Lynch (D) Massachusetts) to get the current "window to a mutual fund" changed to something, instead, like a window to a mutual fund or other TSP Board accepted retirement fund, account, or vehicle. Luckily, Lynch, Long and Dialing already want the window thru option!

 

[nsurf9]

Yes, its been a while since my last post . . . and yes, its been lonely here at the pier. Though you whack-a-bears might want to read the following article from Briefing.com founders/contributor.

Bearish Data, Bullish Hopes

 

[Cactus]

Thanx for the article, NSurf9, I found it compeling.

 

[Khotso]

Thanx for the article, NSurf9, I found it compeling.

Ditto ... a good reminder!

 

[nsurf9]

How much longer - hopefully 'til after the election.