OBXTrader's Account Talk

[OBXTrader]

FYI - Selling last tiny remaining mutual fund positions today (they would have been gone already, but were in a 30 day lock or I got a 2% penalty). Hoping the market hangs in there to the close so I can go 100% cash on an up note. Up over 3% for the year combined in all our retirement/investment accounts. Considering I was barely in the market this year, I am satisfied.

Conservatism and my research dictates it is more prudent to slowly reinvest again perhaps next week. (as posted in WorkFE's account previously)

Worst case scenario, I draw interest and miss some big up days, there are always more days ahead and I have to be able to sleep at night with my portfolio. My Auto-tracker moves are my real moves not plays to get to the top. Can't swing for the fences at my age.

Safe trading.

 

[OBXTrader]

Morning highs set, failed late rally and finished at session lows and bonds did not move in response. Some bears might consider that more confirmation of an intermediate downturn. Guess I won't squeeze too much out those last funds, they were 65/35 stock/bond.

Will get to look at tomorrow with a clean slate.

FYI - Selling last tiny remaining mutual fund positions today (they would have been gone already, but were in a 30 day lock or I got a 2% penalty). Hoping the market hangs in there to the close so I can go 100% cash on an up note. Up over 3% for the year combined in all our retirement/investment accounts. Considering I was barely in the market this year, I am satisfied.

Conservatism and my research dictates it is more prudent to slowly reinvest again perhaps next week. (as posted in WorkFE's account previously)

Worst case scenario, I draw interest and miss some big up days, there are always more days ahead and I have to be able to sleep at night with my portfolio. My Auto-tracker moves are my real moves not plays to get to the top. Can't swing for the fences at my age.

Safe trading.

 

[OBXTrader]

Who would have thought a one day round-trip in the L Income Fund would be fraught with such peril? Well, that was my one shot in September. The fund will probably finish not too far off since the I Fund helped. Yuck! I had a bad vibe this AM, fully intended to go across into October in this fund or step it up in risk. I got a bad case of risk aversion.

The good news is this a guarantee the market will be way up on Monday.

 

[FogSailing]

That could happen OBX. I think you made a prudent decision in L given the crazy markets, and you are correct that we have some major downside left in the near future: BUT: we should also have some gaps to fill and a short rally should occur either carried on from today or in response to a downward move on Monday. In either case, best of luck and hope you get everyback with interest!!:smile:

FS

 

[OBXTrader]

Hard to believe the L Funds went up today. I have money for a dinner out tomorrow.

That could happen OBX. I think you made a prudent decision in L given the crazy markets, and you are correct that we have some major downside left in the near future: BUT: we should also have some gaps to fill and a short rally should occur either carried on from today or in response to a downward move on Monday. In either case, best of luck and hope you get everyback with interest!!:smile:

FS

 

[OBXTrader]

Merry Christmas! Thought I would do a year-end close out post on my account. My goals were met for the year and I managed to catch both December rally days right before they jumped. Now, I will rest in G Fund until January effective COB today.

The OBX system and allocation method are likely too conservative for most, but days in/out of market worked better this year than ever. Last year was pretty good too, but only got a partial year on Auto Tracker and made a few refinements that took the emotion out of it. If someone had made my exact moves but done them 100% in and out of the C Fund, their 2015 performance would have doubled mine according to my abacus and the Auto Tracker.

Good luck and Happy Trading to all.

 

[OBXTrader]

Crude Oil just fell off a cliff, I am surprised pre-market S&P futures are up as high as they are right now. Suppose because Europe is having a relief rally. The market loves to deceive.

 

[OBXTrader]

Just sayin' the market loves to deceive. The PPT's were hard at work on this one in China last night to bolster market, probably elsewhere. Oil is still falling, either oil sellers are right or stock buyers are right today.

Crude Oil just fell off a cliff, I am surprised pre-market S&P futures are up as high as they are right now. Suppose because Europe is having a relief rally. The market loves to deceive.