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RealMoneyIssues' Account Talk
- Thread starter RealMoneyIssues
- Start date
RealMoneyIssues
TSP Legend
- Reaction score
- 101
burrocrat
TSP Talk Royalty
- Reaction score
- 162
Booga booga boo!
Chillax pal, it's all just funny money, ones and zeros in the ether, no real value (just the promise of some - maybe) until you actually spend it. You weren't planning on spending it today were you?
A poem to cheer you up:
markets tumble, people cry
happens sometimes, who knows why
hold your line, you'll get it back
turn off the news, go have a snack
jkenjohnson
Market Veteran
- Reaction score
- 24
It's beyond ugly, it's downright hideous.
RealMoneyIssues
TSP Legend
- Reaction score
- 101
So am I but it is getting more difficult. Volume is surging and the selling continues. RUT just passed below 751 again... heading down!
jkenjohnson
Market Veteran
- Reaction score
- 24
I'm staying positive as long we don't have more days like this, then I will capitulate. Every 1% drop in the S fund is 15K for me. So on paper, I am down 37.5K just today.
PEP
Rising Member
- Reaction score
- 1
Oh man. And here I'm crying about losing a few hundred a day. I guess thank you for making me feel somewhat better.
FAB1
Market Veteran
- Reaction score
- 34
Sheet! That a lot o pocket lettuce. Are you 100% invested. In a way im glad I don't have that much to lose.
RealMoneyIssues
TSP Legend
- Reaction score
- 101
You have got to be kidding me Dow down 410 points...
And when are we supposed to bail to save what little we have left???
And when are we supposed to bail to save what little we have left???
RealMoneyIssues
TSP Legend
- Reaction score
- 101
So do we wait until the market is down 20% to confirm a bear market, or do we throw in the towel now. BT, you have been very bullish this entire time. Your losses have GOT to be huge. I know I don't need the money for a few more years, but now if I make a 10% a year gain it is going to be based on 70% of the money it could have been based on... I wish I would have sold last Friday like I should have... I am now a buy and holder...
Birchtree
TSP Talk Royalty
- Reaction score
- 143
Has your life changed yet - there will be no recession. Bernanke will not allow it this time around. I believe the best policy is to ride this cycle and wait for better days. This is only emotional selling by some raising cash getting out of risk assets. Patience is a virtue and acceptance of pain means discipline.
RealMoneyIssues
TSP Legend
- Reaction score
- 101
Well TSPTalk, we have now filled the gap on the $RUT from Dec 1st 2010. Sounds as good a support of any of the other crap people are talking about...
I think I remember you were the gap fill guy... right?
I think I remember you were the gap fill guy... right?
RealMoneyIssues
TSP Legend
- Reaction score
- 101
S&P BLEW through support at 1180 and DJIA is down over 200, so there doesn't seem to be an end. I will be broke in about 6 more trading days.
Going to go look at the VIX, it has GOT to be way up there... 38.7 another 20% jump.
Going to go look at the VIX, it has GOT to be way up there... 38.7 another 20% jump.
crws
TSP Pro
- Reaction score
- 20
because you are OWNED, beyatch! LoL
RealMoneyIssues
TSP Legend
- Reaction score
- 101
:nuts:
Last edited:
RealMoneyIssues
TSP Legend
- Reaction score
- 101
Well, now that there is some upswing, I am thinking about taking some of my money out of longs and going short since I really think the news this afternoon will cause another drop...
