RealMoneyIssues' Account Talk

So, since I decided to do another bone-headed move, to I this time, I have to figure out how to get out without losing my shirt AGAIN... oh well... :(

I guess I will take a look at things and see when would be a good time to go from I to S and keep riding the market up (I hope) :) :nuts:
 
I've been thinking... I know, dangerous :D

Do I take a small loss on 'I' to jump into 'S' while it is down or do I just ride 'I' back to my buy-in price and hope 'S' doesn't shoot to the moon while I am waiting??? :(

Selling 'I' to buy 'S' at a loss while 'S' is low might be as stupid as buying 'I' vice 'S' last Thursday... Only 1 IFT left and I guess I want to use it smartly (vice all the others I have used) :blink:

hmmm... there I go, thinking again... :notrust:
 
I've been thinking... I know, dangerous :D

Do I take a small loss on 'I' to jump into 'S' while it is down or do I just ride 'I' back to my buy-in price and hope 'S' doesn't shoot to the moon while I am waiting??? :(

Why do you think "S" will shoot through the moon?

Selling 'I' to buy 'S' at a loss while 'S' is low might be as stupid as buying 'I' vice 'S' last Thursday... Only 1 IFT left and I guess I want to use it smartly (vice all the others I have used) :blink:

Why do you think it's not a good idea to hold "I"?

hmmm... there I go, thinking again... :notrust:

Where do you think the value of the USD is headed?

Think about that and let me know what you come up with.
 
Why do you think "S" will shoot through the moon?
Birchtree told me... :D

Why do you think it's not a good idea to hold "I"?
First, FV comes to mind. Second, there are way too many factors to keep up with that have an effect on it's value...

Where do you think the value of the USD is headed?
Right now, down; but I also think that if we can start reducing the deficit spending and debt (possibly preventing QE3) then maybe there is a hope of staving off the devaluation of the dollar.
hmmm, maybe I should be looking into FOREX... :D

Think about that and let me know what you come up with.

I come up with... nothing :blink::nuts:
 
Birchtree told me... :D


First, FV comes to mind. Second, there are way too many factors to keep up with that have an effect on it's value...


Right now, down; but I also think that if we can start reducing the deficit spending and debt (possibly preventing QE3) then maybe there is a hope of staving off the devaluation of the dollar.
hmmm, maybe I should be looking into FOREX...



I come up with... nothing :blink::nuts:

So basically, you have no good reason. Glad you came to that conclusion all on your own. :toung:
 
I wouldn't know a good reason if it came by my desk and smacking me with a yard stick... :D:p

You want to get out of "I" at a loss and jump into "S" because you think "S" will make more money. You have to factor in the loss from "I" and subtract it from the gains in "S". All this with no guarantee that "S" will even "jump to the moon".:suspicious:

I guess what I am getting at is that you should have a good reason for what you do. Or at a minimum, stick with your decision long enough to let it run its course.
 
I've been thinking... I know, dangerous :D

Do I take a small loss on 'I' to jump into 'S' while it is down or do I just ride 'I' back to my buy-in price and hope 'S' doesn't shoot to the moon while I am waiting??? :(

Selling 'I' to buy 'S' at a loss while 'S' is low might be as stupid as buying 'I' vice 'S' last Thursday... Only 1 IFT left and I guess I want to use it smartly (vice all the others I have used) :blink:

hmmm... there I go, thinking again... :notrust:

Share price went down over 1% on 4/12, looks to be getting about half that back today (so far). Move to S and you lock in a loss, and then you are gambling on (1) that S will go higher than I; (2) that either will go up. Not necessarily stupid...(1) and (2) could happen; what you know will happen if you move out of the I at a lower price than you bought in...is you will lock in a loss.

Just my thoughts
 
Share price went down over 1% on 4/12, looks to be getting about half that back today (so far). Move to S and you lock in a loss, and then you are gambling on (1) that S will go higher than I; (2) that either will go up. Not necessarily stupid...(1) and (2) could happen; what you know will happen if you move out of the I at a lower price than you bought in...is you will lock in a loss.

Just my thoughts

And good thoughts they are! :D
 
Share price went down over 1% on 4/12, looks to be getting about half that back today (so far). Move to S and you lock in a loss, and then you are gambling on (1) that S will go higher than I; (2) that either will go up. Not necessarily stupid...(1) and (2) could happen; what you know will happen if you move out of the I at a lower price than you bought in...is you will lock in a loss.

Just my thoughts

But if I am able to make more gains in S than I in the longer run then the short term loss is more palitable... Or, I can continue to buy high and sell low :D:confused:
 
RMI

I'm going to give you the best advice ever. I've never been this generous with anyone else, so sit down because you wil be overwhelmed by my generosity. My advice is...

Have a beer! If you are still confused, have another. And another. In time, you will find enlightment. :D

I also watched a movie called "Running with Scissors." Theree is a scene where the doctor is in the bathroom, busy interpreting divine direction that God has cleverly hidden in the toilet bowl based on the direction in which the "drop off" is pointing. :toung:
 
1. Nguyen increased his holdings in "I".
2. If BigJohn had an IFT, he would go all in "I"
3. You will pass up a few people on the tracker today.
4. You did better than me today. :toung:
5. Pat yourself on the back for staying put!
 
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