RealMoneyIssues' Account Talk

Well, I went back and reversed all my IFTs but my first move this year and guess what... If I had used myself as a contrarian indicator, I would be up 8.19% in my TSP (didn't calculate what my IRA would be at because I didn't want to cry) instead of less than the G-Fund...
Yeah, I did that with my 2011 trades last year. In my case the reversed trades would have lost over 4% instead of the 3% I actually did lose. That's basically 50:50 which doesn't buy you anything. Your contrarian trades are much better due to the bigger loss, but I'm afraid it would fail you if you tried to make a system out of it. There would be too much double/triple/quadrupal guessing yourself like the smartest man in the word in "The Princess Bride." :cool:
 
I am right there with you. I could kick my own arse for missing out on this rally. Looks like there is no end to it.

Yup, good jobs report and markets heading more up. Looks like more upside. I may go S today, too late, but better than missing even more upside...

No pull backs in sight :nuts:
 
Looks like we'll enjoy kicking ourselves even more today. :'(
Well, I went back and reversed all my IFTs but my first move this year and guess what... If I had used myself as a contrarian indicator, I would be up 8.19% in my TSP (didn't calculate what my IRA would be at because I didn't want to cry) instead of less than the G-Fund...

I guess I thought the market would not have kept going up and up... once again, trying to fight the fed...

Of course, if I had used myself as a contrarian indicator, I would be in S right now enjoying more gains...

This is the reason why I am taking time to reflect on what I need to do for the future, because what I am doing now isn't working.
 
Yeah, I kept holding off chasing the market last year but finally gave up in March only to buy high and sell low. :(
March hurt me as well. I think this year we may last untill July to crack. Whenever we do it will be a doozy. We will eventually pay for the big rally. Something along the lines of last march.
 
March hurt me as well. I think this year we may last untill July to crack. Whenever we do it will be a doozy. We will eventually pay for the big rally. Something along the lines of last march.
That's what I'm afraid of. I don't have the sticky pants to last until July. I got burned in May the last 3 years so I'm definitely leaning toward a Sell-In-May approach this year.
 
Here's the hard part. When it's time to buy it will feel terrible with lots of anxiety and you'll say. no way am I buying here. Just do it. Take a 100% C position and don't look back for the next several years. What is perhaps more encouraging is the fact that 5% declines do not usually result in a further 10% decline especially in bull markets. Ride the wooley beast and hang on tight.
 
Here's the hard part. When it's time to buy it will feel terrible with lots of anxiety and you'll say. no way am I buying here. Just do it. Take a 100% C position and don't look back for the next several years. What is perhaps more encouraging is the fact that 5% declines do not usually result in a further 10% decline especially in bull markets. Ride the wooley beast and hang on tight.

 
Our current cyclical bull has thus far been a more supercharged version of 2003 onwards. I posted a 500 chart yesterday - check it out.
 
Showing some signs of selling the news. Still VERY early though.

Sounds good, means I will get a lower buy in price and when they pop the market up and go higher on Monday I will finally be participating
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