Playing the I fund

[350zCommTech]

Thanks s&s. And if my hunch of the I fund retreating to its 10 and 20 day MA is correct, the FV still wouldn't be enough to get me on the plus side.

S&S is right. As of right now, the I fund has a gain of 4 cents. A -FV of 10, which is unlikely IMO, will only cost you 6 cents. I would consider that a gift. If there's going to be a bounce, it will be bigger in the S fund.

On the hand, my suspicion of Friday's market was correct.

Your'e welcome Wheels,

I think we are getting a dead cat bounce in tech today. I see more selling come monday. I'm going for the penny.

The NDX has fallen passed the 50MA and I'm expecting more selling tomorrow.

 

[roguewave]

If you think the market will double losses this afternoon then then you might consider a -FV play. My opinion is that it would only lessen your loss tomorrow. If the market doesn't recover today then I think overseas tonight will be down hard. Personally I think tech is causing this and not oil. And people are getting gun-shy about it because of past history. To me it wouldn't be worth the risk in this case.

Oil in a different way might be causing the problems.

http://www.bloomberg.com/apps/news?pid=20601009&sid=aqnC4ssoiBFc&refer=bond

 

[350zCommTech]

Up .050% or 1 cent.

 

[recliner]

Mr

Up .050% or 1 cent.

Colts going to whip all over your Bears.

 

[sugarandspice]

Re: Mr

Colts going to whip all over your Bears.

Colts 7 point favorite right now with O/U 48.

 

[Wheels]

It's not like me at all to bail on stocks on big down days but that's exactly what I did today. Chalk it up to personal growth (thanks to Griffin and others on this board). My 50 S/50 I is now 50 G/ 50 F. I'm thinking that Asia is going to drop big tonight dragging down the I for tomorrow. Every talking head on my idiot box is now calling for the 5 -10% correction that Tom has been waiting for and I guess I am starting to buy into it. There is a lot of good earnings news and good interest rate news and good inflation news that is built into current prices. That house of cards might be starting to wiggle a bit.

 

[350zCommTech]

Chalk it up to personal growth (thanks to Griffin and others on this board). My 50 S/50 I is now 50 G/ 50 F. I'm thinking that Asia is going to drop big tonight dragging down the I for tomorrow. Every talking head on my idiot box is now calling for the 5 -10% correction that Tom has been waiting for and I guess I am starting to buy into it. There is a lot of good earnings news and good interest rate news and good inflation news that is built into current prices. That house of cards might be starting to wiggle a bit.

Did you see that Griffin went 100% S fund? I wonder what he saw...

 

[350zCommTech]

Colts going to whip all over your Bears.

Colts 7 point favorite right now with O/U 48.

The bears were under dogs against the Saints also...

 

[weatherweenie]

The bears were under dogs against the Saints also...

The Bears were a 2.5 to 3 pt favorite vs the Saints.

 

[Wheels]

The bears were under dogs against the Saints also...

The Bears were a 2.5 to 3 pt favorite vs the Saints.

Weenie is right. The Bears were favored. Be honest, as a Bear's fan, Rex just has to give you fits at times.

 

[Wheels]

Did you see that Griffin went 100% S fund? I wonder what he saw...

Didn't see it until after I made my move. I am looking forward to a few back and forths to flesh out each other's logic.

 

[350zCommTech]

The Bears were a 2.5 to 3 pt favorite vs the Saints.

I stand corrected. Although, with the way Rex had been playing prior to that game, the Saints should haven been favored.

 

[Wheels]

Now that I am out, I need a huge turn around bringing the S back to even for the day, and a huge +FV in the I. Not too much to ask for, is it?

 

[350zCommTech]

Weenie is right. The Bears were favored. Be honest, as a Bear's fan, Rex just has to give you fits at times.

Yes, one minute I want him dead, and the next minute, I want to kiss him....No, not really.

 

[350zCommTech]

Now that I am out, I need a huge turn around bringing the S back to even for the day, and a huge +FV in the I. Not too much to ask for, is it?

Yes!

Didn't see it until after I made my move. I am looking forward to a few back and forths to flesh out each other's logic.

I stayed out because of tech. I have a feeling some traders went long on tech after Friday's close. Also, TI reports after the bell and it might be more fuel for the fire. As I said early, the NDX and QQQQ have fallen past their 50MA and support might not come till ~1765. S&P and EMW are falling from the top of their channels and trending down. As for the I fund, the OSMs are also at the top of their channels. They will be following the USM. In economic news, today's leading indicator has been delayed and will be reported tomorrow. That has a chance to spike the dollar.

 

[tspgo_com]

Now that I am out, I need a huge turn around bringing the S back to even for the day, and a huge +FV in the I. Not too much to ask for, is it?

Wheels,

I think it is. I just posted this somewhere else.

"Today we may a quick (partial) move to the S-Fund. It seems we are at the end of a correction. This minor deep should be short lived. We should see a rebound to the top between tomorrow and Friday (Jan. 24-26). Then the big correction might come and last until the end of Februar. It might bring some good entry points for long term traders. TSPGO! High Risk should be back to a confortable position before the end of the week. If the S-Fund dops tomorrow (as it is customary after a big drop) we will buy a little bit more to cost average and move out at the dead cat bounce. Then we will wait until we get solid Buy Signal.

Good luck to all!"

 

[fedgolfer]

... does anyone have access to Super Bowl tickets? PM me if you do and for how much.

To keep this relevant, I'll just say da Bears are all over the I fund today.

 

[Wheels]

Now that I am out, I need a huge turn around bringing the S back to even for the day, and a huge +FV in the I. Not too much to ask for, is it?

Wheels,

I think it is. I just posted this somewhere else.

I thought it was pretty obvious that I was being facetious. It guess it loses something in print.

 

[Wheels]

Uh-oh. Maybe I wasn't asking for too much. Put your rally caps on!!

 

[tsptalk]

We may be in for a sell the rally mentality as folks who wished they had sold near the highs start selling the 2nd chance strength. Keep an eye on prior days' highs as that will be where the buying will hit some resistance if we are indeed in for a little correction. Use those rallies wisely. Smart money (insiders and top money managers) are selling the strength lately. I wish I had something to sell here, cause this dumb money sold in the fall.