rangerray's Account Talk

I feel like I could bust the rally by moving into the S or C fund today, so I'll wait and make a decision tomorrow and spare all of you that are enjoying this little bounce. I only have one IFT left.
 
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Moving to a 50% S position at COB. Taking a chance on S because there was no gap up this morning and it looks like S has some room to run in its current channel, which looks like a bear flag to me also, so I'm cautious. Hoping for some follow through tomorrow in the northerly direction.
 
Looks like it hit the 38% retracement and bounced back down.


I'm hoping it's headed back to that 38% level. That was part of my decision making process. More good news on the Russian front might be the catalyst. I've suspected all along Putin is toying with us.
 
Moved to 100% G at COB today. I feel that there is further downside. I'm really disappointed in my last couple of moves. I've lost.

I'm just thankful that right now looks better than this mornings open.
 
its looking real good right now. S fund up 3.08%. C fund up 1.56%. Had to look at S fund twice. Wow...so maybe not such a bad exit.
 
Yea, I think we’d all like to know. I don’t trust this surge today. I still ‘think’ the market moves lower.


Scott Harrison
Senatobia, MS
 
Doesn’t look like buying the dip is working out this afternoon. I’m glad I didn’t move any funds in today.


Scott Harrison
Senatobia, MS
 
I'm trying something. I'm going to try and catch a rally, which hopefully starts today. New allocation: 40% G, 20% S, 20% C, 20% I
 
I moved into stocks partially yesterday, but this rally might have legs, so I'm going to 50% S & 50% C. This is my last move for the month, so with this IFT I went with a 100% allocation because it looks ripe to me at the moment and I can reduce accordingly if this rally turns south. Of course, if this turns out to be a 1-day spike, then it'll bite me, but I'm gambling there will be some follow through tomorrow.

I do think the market is primed for a rally, all things considered, but I am skeptical that a rally lasts more than a day in this current environment. Two or three days of GREEN would be a welcomed relief!
 
I found this chart interesting while going through some email sent to me from E*Trade:

“The following chart highlights the S&P 500’s performance during the last two tightening cycles, 2004-2006 and 2015-2018 (rectangles):”

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Scott Harrison
Senatobia, MS
 
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