Poolman's Account Talk

Sort by newest Sort by date
Lobo said:
It's so hard to know how to trade with the IFT rules now. The problem is we now look at it on a monthly basis.....and that makes us think we must trade something every month.....and must make a profit every month. But, then we can get ourselves in a fix by feeling we must trade.

It's looking like we will test the lows of Nov.....I don't know that....but, just about everyone else seems to be forecasting that. That's why I decided to wait it out, reach that low, and then take a "chance" that we won't penetrate that low....'cause we might. I wish you luck PM. I know you wish you were buying in today, or later, but, we can't call them all right, that's for sure. And you are certainly doing the right thing, I think, and hope, by staying in right now and not selling low. It will surely be back up eventually, but, may be after that low, or lower, is reached.

Where's that crystal ball when it need it?!?!?

Lobo :)
Click to expand...

crystal ball is right here :laugh:

http://www.tsptalk.com/mb/showthread.php?p=203655#post203655
 
Well, I've tried to play the market every time a major event has occured in the last 9 months which includes the bailout bill votes (both), and now this. I've gotten burned bad every time. I get talked into all the hype about a "sure rally" leading upto and after these events and have lost a large chunk of my TSP holdings every time.

I think I need to stop listening to all the hype and just focus on the technicals of the market. If I had done that I would have been sitting in G every time and looked forward to buying in at such low prices when the trend changed (and that decision would have been based on the ultra simple 10dma being below the 40ema technical indicator). I need to keep thinking "ignore the hype, ignore the news, just focus on the technicals.........". I feel like an idiot.

I've got 20 years to make it up so I guess for now I'll stay in the S fund like I am now and hopefully get some back in the next week then pull out until the trend changes based on the moving averages. Thanks for listening, I needed to get that off my chest.......
 
akpackfan said:
I think I need to stop listening to all the hype and just focus on the technicals of the market. If I had done that I would have been sitting in G every time and looked forward to buying in at such low prices when the trend changed (and that decision would have been based on the ultra simple 10dma being below the 40ema technical indicator). I need to keep thinking "ignore the hype, ignore the news, just focus on the technicals.........". I feel like an idiot.
Click to expand...

This is exactly how I felt last September when I decided ENOUGH is ENOUGH - I'm going G Fund - I don't care what anyone says and I'm playing my own game from here on AND IGNORING THE HYPE.

Since then I have NOT LOST A PENNY and made nothing but GAINS.

Personally I would not put much faith in the 10dma being below the 40ema techinical indicator. I would more focus on the technicals of the economy which shape the Markets. I knew we were in a Recession and responded accordingly. Many seemed convinced the 11/08 LOW was it - THAT IT WAS OVER AND DONE WITH. All the data said totally the opposite - the worst is just starting and it will get way worse in the months to come.

Your expression is very heart felt - and I can pretty well guarantee that ALL OF US HAVE FELT THAT WAY. Don't be afraid of doing your own game plan - it's the best way to get ahead. GL my friend.
 
akpackfan said:
Well, I've tried to play the market every time a major event has occured in the last 9 months which includes the bailout bill votes (both), and now this. I've gotten burned bad every time. I get talked into all the hype about a "sure rally" leading upto and after these events and have lost a large chunk of my TSP holdings every time.

I think I need to stop listening to all the hype and just focus on the technicals of the market. If I had done that I would have been sitting in G every time and looked forward to buying in at such low prices when the trend changed (and that decision would have been based on the ultra simple 10dma being below the 40ema technical indicator). I need to keep thinking "ignore the hype, ignore the news, just focus on the technicals.........". I feel like an idiot.

I've got 20 years to make it up so I guess for now I'll stay in the S fund like I am now and hopefully get some back in the next week then pull out until the trend changes based on the moving averages. Thanks for listening, I needed to get that off my chest.......
Click to expand...
Don't feel alone akpackfan, many of us in the same situation. I just wish I had 20 years to make it up!:o
 
poolman said:
I won't be here for IFT Cutoff time. I'm staying

100 - S.

Let's hope things go better today. :)
Click to expand...
I'm also not going to give up (100% - G) before the miracle happens. I feel that with the massive downturn in a bear market has got to have a nice turnaround soon. Heck I lost too much and I know a short run is in the works, so I'm staying around with POOLMAN. :)
Dannyboy :cool:
 
Hi guys I am really happy to have found your account talk. The technical info you use and the sites you refer us to are awesome. Keep up the good work. I will be reading your posts from now on.

I have done well over the years. Years ago we noticed sort of a cyclical pattern in the S fund sort of a rectifier action or a saw tooth wave. Each month the S fund would go up and then drop. this pattern repeated itself fairly consistently and we did very well. We finally found the stochastic and the MACD and the DMI curves. This is where we are now.
I know your info will be a great help to our office.

I would like to say that one rule I follow is never play too long with the MACD going in the negative direction and also we keep an eye on the far east like the CHU and the HNP they seem to be a good indicator as to what will happen. Thanks again for sharing your knowledge.
 
divgolfish said:
Hi guys I am really happy to have found your account talk. The technical info you use and the sites you refer us to are awesome. Keep up the good work. I will be reading your posts from now on.

I have done well over the years. Years ago we noticed sort of a cyclical pattern in the S fund sort of a rectifier action or a saw tooth wave. Each month the S fund would go up and then drop. this pattern repeated itself fairly consistently and we did very well. We finally found the stochastic and the MACD and the DMI curves. This is where we are now.
I know your info will be a great help to our office.

I would like to say that one rule I follow is never play too long with the MACD going in the negative direction and also we keep an eye on the far east like the CHU and the HNP they seem to be a good indicator as to what will happen. Thanks again for sharing your knowledge.
Click to expand...


Wow!! This was a great post and just what I needed. :)

I'd say we'll all benefit from your input everybit as much - so it's a two way street - WELCOME TO THE MB

The 2 most important things for good solid investing are:
1. Coffee
2. More Coffee :D:D:cool:
 
Frixxxx said:
Poolman,

You packing meat yet?:laugh:

Seriously, I've been concerned for you! How's the job hunt going?
Click to expand...

Thanks Frixxxx,

Nothing as of yet. My Neighbor told me this last weekend that the job is not going to come through for awhile. Same old story with all the companies. It's an easy out for any company at this point. We have to let you go or we are not hiring.

On the upside. I went and saw my old Boss today. He was Happy to see me, We talked a little but neither one of us would give in to our Hatred against each other last year. I would be willing to give him another year with me if he would just be a nicer guy. He is very nice when your not on the clock but a bastard when you are. Anyway my mind is open to another year with him. :)
 
FUTURESTRADER said:
what's the play today P-man? Ron Paul on C-SPAN tellin it like it is
Click to expand...


I think the market's want to test the lows which are only 500 points away. I will stay where I am 100% - S. I will sell if we break the lows but I doubt that will happen.

The PPT will have something to say soon. Before the end of the month.

It would be stupid for me to sell relative to where we are at market wise. :)
 
You must log in or register to reply here.

Similar threads

UNIX84
UNIX84 Account Talk
Replies
14
Views
3K
tsptalk
tsptalk
tsptalk
  • Article Article
TSP Talk - Now what?
Replies
2
Views
249
Cactus
Cactus
tsptalk
  • Article Article
TSP Talk - The first few days may be a tell for 2025
Replies
0
Views
181
tsptalk
tsptalk
tsptalk
  • Article Article
TSP Talk - Fed cuts 50 basis points
Replies
0
Views
2K
tsptalk
tsptalk
tsptalk
  • Article Article
TSP Talk - FOMC Day
Replies
0
Views
2K
tsptalk
tsptalk
Back
Top