Poolman's Account Talk

So tomorrow would be a bad day to head for the woods ...if there is a big drop, Friday would have been the day to vacate, had avoiding any loss been in the plans ?TYIA - grandma

It's hard to say Grandma,

I personally have been in G - Fund since the end of October. There have been some pretty good gains since then. I am waiting for a pretty decent correction and more clarity before I get in again. I really never know when this will happen. That is why I keep watch Daily. I wrote about a week ago that I thought the Risk/Reward was to High to be in Stocks -vs- Safety.

http://www.businessinsider.com/meredith-whitney-whacks-shares-of-goldman-sachs-2009-10
 
It's hard to say Grandma,
..... That is why I keep watch Daily. I wrote about a week ago that I thought the Risk/Reward was to High to be in Stocks -vs- Safety.

Yes, I read that, & I watch the videos. I have to laugh at my question, cuz of the small diff any change would make on the Big Guys'/Gals' accounts based on my %-ages.
However, I am trying to keep into the 6 figures, and when my allotment comes out, I drop back down below that line. I'm hoping I get to feeling more comfortable `being in,' so that when I get back into my nml routine I won't be wondering what the market is doing while I should be concentrating on the subject at hand - Thanx. :)
 
Good vid Poolman,
I wrote a rant not long ago about this very subject. They all have egg on their face and are looking to divert attention.

Bottom line trust your system and stick to it. The pain is much worse when you bounce around from one investment stratedgy to another.
 
FINALLY ! :nuts:

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Just wait for it. Listen. Listen. Wait for it. Wait for it. The other shoe should be dropping any minute now. :D
 
As of right now we are pointing to a lower open. Coolhand discussed this in his thread. We are at a very important time with the markets. I am hoping this will be turn around Tuesday. We will see. I have one finger on the sell button but I won't know what to do if anything until later today. We need a Breakout Bad.

Turn around Tuesday was yesterday. Don't you mean Whipsaw Wednesday? :D

This is the point where the SS has been giving short term sell signals, which is not what I want to follow with our limited trading. I'm cautiously optimistic that we will turn back up.
 
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