pointman72 Account Talk

[pointman72]

IFT for COB today to 100% G Fund.

Move is not based on the market.

Going to Idaho tomorrow for two weeks to hunt trophy mule deer. Will not be taking a laptop nor will there be computer access, so its capital preservation for me.

Have done real well in the S Fund in the last couple of weeks and see a cup and handle pattern forming. This combined with Tom's prediction of a market decline is perfect timing for a R&R (Rest & Relaxation).

Plan to be back on the 4th, so my next IFT will be on 5 Nov.

Good luck everyone and hope you all make a lot a of money while I'm gone. You all sure are a bunch of fine Americans and true patriots!

The Pointman

 

[pointman72]

IFT for COB today for 100% S Fund.

Glad to see a lot of you made 2% in the last 2 weeks while I was gone. Expect you to make another 1% today.

My move is predicated on the belief that it's time for the S Fund to play catchup this week with the C Fund and then catchup within 2% of the I Fund before year end.

FYI, no luck on the hunting trip. Good luck everyone.

 

[pointman72]

IFT for COB today to 100% C Fund.

Dollar is rising so the I fund is out.

Believe everyone thinks small stocks are overbought, so S Fund is out.

Bonds are to iffy, so F Fund is out.

Refuse to hide in the G Fund.

So what is left, Birchtree's home for the holidays!

 

[Birchtree]

A second helping of figgy pudding for you. Snort.

 

[pointman72]

IFT for 100% F Fund.

Tried to spend the holidays which Birchtree but the rent was getting to high!

Firmly believe a correction is going to happen soon its just a matter of when, so might as well join the party with Tom and company to wait it out.

Time for capital preservation, its been a good year for my TSP. Hopefully, next year will be just as good.

Have a happy holiday, good health and a prosperous new year investing! Best wishes to everyone, your opinions are always welcome here!

The Pointman

 

[pointman72]

IFT for COB today for 100% C Fund.

Sorry all, work had priority.

January is a caution month and everyone needs to beware. January normally contains a 3 to 4% drop and it happens in a matter of days not weeks. Understand everyone wants to start the year on an aggressive note, but be sure you evaluate the associated risk before you act.

With the dollar rising and countering any gains in the I Fund, combined with seasonality ending, the I fund IMHO is not the place to be for the next week.

As far as the USM goes, the market is tired and ready for some kind on downturn. But I think it has another couple of marginal gain days left before the downturn. I picked the C Fund because on good days it pays just about as good as the S Fund and is not as skiddish concerning the fear factor.

Good luck all!

 

[pointman72]

Paladin,

Sounds like a safe play until a new trend immerges. Good luck!

 

[pointman72]

IFT for COB today to 100% S Fund.

Look out pilgrim! Got my gorilla glue, saddle and got one week of MREs. Gonna saddle this beast and ride it straight up. Time for a new trend and don't want to fight the dollar in the interim.

Looking to ride the S fund through at least next wednesday.

Good luck everyone

 

[pointman72]

IFT for COB today to 100% I Fund.

USM has made up its mind that its time for a correction ad everyone is lined up waiting on the start. Really is a shame, was hoping for one more pop and it cost me 1.25% this week sitting in the S Fund.

Reason for moving to the I Fund is:
- dollar is not conducting a verticle climb
- good chance OSM might pop sunday night/monday morning
- things go bad for USM this afternoon, I fund might get a -FV today that would pay on Monday.
- Risk is acceptable.

Have a great weekend all and good luck.

Pointman

 

[pointman72]

IFT for COB today to 100% G Fund.

Dollar is starting to rise again. USM is in the panic mode. Haven't seen the normal January 2-3% drop yet. No use giving away my earnings. Maybe get back in later this week depending on the USM.

Good luck all!

 

[pointman72]

IFT for COB today to 100% S Fund.

- Dollar is rising, not good (.37 now, could sky rocket tomorrow).
- Europe is posting good figures today, but tomorrow is an unknown.
- Yen rising against dollar, but Nikke only posted .57 last night.
- I fund could be ugly quick.

Will roll the dice for the S Fund for the next two days unless the board turns red.

Good luck all!

 

[Fivetears]

I think my work PC time is running on Zulu or something; I thought you got todays S performance. Didn't you go in on Tuesday? If so, very nice move.

 

[pointman72]

Unfortunitely no such luck! However, I did catch the I Fund yesterday.

January and February always seem to be my worst months. I always gain a couple of per cent each month but just can not get my timing together. Seams like the market reacts to certain information immediately and the response is instanteous and short lived. Trends are non-existant and good news is impossible to forecast.

Good luck!

 

[Fivetears]

Good job man.
I guess it's my turn to be on the wrong end of the January whipsaw. :nuts:

 

[pointman72]

IFT for COB today to 100% I Fund.

I'm not proud do not mind sweeping up the crumbs. Gets me a little closer to the lead position. By the way I sublet my lillypad this week!

 

[pointman72]

IFT for COB today to 100% S Fund.

Not a lot of logic behind this move.

BLUF: Think I need to remain invested right now.
The dollar is rising, so its hard to make any money in I Fund.
Think with the lack of Economic news tomorrow the USM will go green.
No luck with the F fund in a bull market.
Only use the G fund when I'm certain everything will be red.

Think the S fund will out shine the C Fund tomorrow, so there it is. Any day you make money is a good day. But you have be invested to make money.

I still have 12 years before retirement, kids have graduated college, so maybe I can accept more risk than others. Personnal goal is 30% this year, the same as last year.

Good luck trading!

 

[Birchtree]

Now he knows how to cut a trail. Keep goin.

 

[pointman72]

Still 100% S Fund.

Wanted to put some back into I Fund but just don't trust the dollar to cooperate.

Hopefully these use car salesman we got runnin the Fed will talk the market into doing something good this afternoon and tomorrow.

Good luck trading!

 

[pointman72]

Birchtree,

You gotta howler before you start a stampede, a feller could get hurt out here!

 

[James48843]

Pointman-

I've been following your moves for the last six months or so, and believe you are doing well, and that we are thinking along the same lines sometimes. I say sometimes, but not other times. But a lot of the time I think we are thinking alike, and your results have been better than mine, as I seem to miss things by a day or two that you seem to hit right on target better.

Just today, for example, I am seriously considering jumping back out to "G", because we ]'ve had so long a run, and I'm seeing the "C" fund a bit stronger today than the "S". That is for me a kind of a signal that we are about to get the reversal, and that is why I think it may be time to bail.

But I am very interested in your perspective, and what you see in the days ahead. What are you thinking about and seeing right now?

Thanks in advance for your response.