rangerray's Account Talk

Sort by newest Sort by date
rangerray said:
Yes, it sure would! I don't think I've got the nerve to stick with it on this run, though. I'm banking some coin today and cutting back to 25% C and 25% S. My gut tells me to move to 100% G today, but I hate to be completely out for the rest of the month in case I'm wrong. This early morning stall is really raising an alarm for me (it doesn't take much).

I know just enough about investing to be dangerous, so it's mostly between me and God.
Click to expand...


Pivot Boss is calling a down day tomorrow and then up. happened before in chart he has for S&P.
I'll be waiting until tomorrow to go 100S praying for God's wisdom on this.
 
It's not looking good thus far today, but I'm only "in" at 25% S and 25% C. I'm going to hold what I've got today because I think this weakness today will be bought tomorrow and I want to try really hard to still be in the market for the first of the month. If I move now I will not have any more IFT's to get back in until August.

As always, planning for the worst and hoping for the best.
 
rangerray said:
A reliable crystal ball would have helped a lot of folks today.
Click to expand...

Or you ride the highs and lows wearing depends and sticky pants.

The crystal ball would have been nice to tell me to try the "C" fund this month instead of hanging in "S". :banghead:
 
Agree. Expect Friday to dip back down to the $DWCPF 50 day moving average....perhaps hold there. That would equate to 1.5 percent lower. Glad I exited today with a gain. C fund will probably fair better but I think it will be down at the end of the day. Odds are pretty good with the quick move up. You can just sense a quick move down coming.
 
I will change my plan if I need to. Nothing is set in stone when it comes to my TSP account. I’m easily startled, so if today turns into a loss and looks to have wings, I will run to safety.

It wouldn’t be the first time I’ve been a day late (or worse). And it won’t be the last. But, like last year, if I can reap SOME of the rewards I’ll be happy.


Sent from my iPhone using TSP Talk Forums
 
Since I'm holding with 25% S and 25% C, I'm just going to let it ride until next week. This is an unusual time we're in and the first week of August is historically bad, but who's to say something weird won't happen? Their is certainly enough weird and unusual stuff to go around. :D
 
Earnings reports look good to me, employers are still trying to add workers and momentum seems to be on the rise today, so I'm moving my other half in. If it turns out to be a bad move, then I can cut where need later. I'm spreading it all out between the S and C Funds at 50% each.
 
I'm inclined to hang tough until the S Fund faces a serious chance of dropping out of this channel (in blue). If it were to happen, I wouldn't be surprised if it retreated all the way down to the longer term channel (in green), which appears to be a rising wedge. Anywhere near the bottom of that rising wedge would be a good place to buy again, you know, considering news at the time, politics, COVID, etc.

Capture.jpg
 
I'm with you Rangerray. politics will play with the infrastructure bill. once it is finally passed we will get a short term bump - till the delayed effect on the dollar, the banks and supply settles in once they start spending from this bill. i say supply because all that money will be buying up (and pushing the price up) on construction materials, vehicles and tools and other equipment which will further impact the economy. I'm hoping the market will only drop to that longer term channel. we shall see. I'm staying out till all that happens and the trends become clearer.
 
Which channel(s) are you watching? I have been using DBA charts as a reference and the C channel still seems pretty steep and consistently up (how long can it last?). The Slow Stochastic remains embedded above 80 and NAAIM is still bullish (we will see what tomorrow brings). S on the other hand seems to keep bumping along the top of the DBA rectangle and appears to have become unembedded in slo stochastic? More sideways action than C. I am all in C but used my first IFT to get there so I am going to try to hang on for a while. Best of luck to all!
 
You must log in or register to reply here.

Similar threads

TommyIV
  • Locked
  • Sticky
Guess the Dow Contest For 2025
2 3
Replies
45
Views
544
tsptalk
tsptalk
P
Negative Adjustment Earnings
Replies
3
Views
189
nasa1974
nasa1974
TommyIV
October Contest In Progress
Replies
1
Views
190
TommyIV
TommyIV
tsptalk
  • Article Article
TSP Talk - Santa came to town on Tuesday
Replies
2
Views
152
TommyIV
TommyIV
TommyIV
  • Article Article
TSP Talk AutoTracker Insights: The Week of the FOMC Sell-Off
Replies
0
Views
248
TommyIV
TommyIV
Back
Top