Rod's Account Talk

[CheapShot]

Rod are you just expecting a bounce and getting out or are planning on staying in longer than a couple of days.

 

[Rod]

Rod are you just expecting a bounce and getting out or are planning on staying in longer than a couple of days.

Well, today I gained back 1.52% of my 3.61% loss from last week and yesterday. 2.09% deficit still to make up.

I'll probably be in longer than a couple days unless it tanks.

God Bless

 

[CheapShot]

I lost about 7% the last two weeks, but you gotta play to make some, I treat the TSP basically the same was as you it's not my nest egg, of course it could be if I make bundles, but hopefully I'll double my account by the time I retire in about 5 years. Good Luck.

 

[Rod]

I lost about 7% the last two weeks, but you gotta play to make some, I treat the TSP basically the same was as you it's not my nest egg, of course it could be if I make bundles, but hopefully I'll double my account by the time I retire in about 5 years. Good Luck.

Yeah, it definitely isn't my nest egg. But I do try to trade as if it were because being reckless with any amount of $$$ is pure stupidity. If you remember, before I jumped back in I was in (G) for about 2 months. I simply jumped back in prematurely. Bad move, we all make them. So, I don't let it get to me. I try to find that silver lining... and so far it has been buying (I) @ 19.10. If it falls below that, I may have to reconsider my strategy of holding out in (I).

 

[Rod]

Looks like today is going to be a good day all around. Japan should react positively and set us up for another good day tomorrow.

ATPIT, I have no plans of exiting (I) anytime soon.

If it falls below 19.10 (where I bought in), then I will consider it.

Until then, I'm in long.

God Bless

 

[Birchtree]

Rod,

Are you saying you don't have any G money available? I was going to ask you for a loan - $200,000 goes alot further than my dollar cost averaging purchase this week. Good luck on that I fund - hope you can handle the gravity forces on take off.

 

[Rod]

Rod,

Are you saying you don't have any G money available? I was going to ask you for a loan - $200,000 goes alot further than my dollar cost averaging purchase this week. Good luck on that I fund - hope you can handle the gravity forces on take off.

I've been 100 (I) since 23 May.

Trying to make up for that 3.61% loss. I should have 2.06% remaining to make up after today. I still have 33 years to make that up.

Perhaps I'll go long for 33 years... but what fun would that be??? Gotta get my kicks trading.

God Bless

 

[Rod]

I've had my ups and downs, but so far so good with fishing the bottom of the (I). I bought in @ 19.10.

If it falls below that, I will consider bailing.

God Bless

 

[Rod]

I said if the (I) fund were to fall below my target price that I would consider selling. It's now .07 below that price of 19.10.

I've considered it, and I'm staying.

 

[Birchtree]

If you want high returns, volatility is the price of the ticket.

 

[Rod]

If you want high returns, volatility is the price of the ticket.

I'm as risky as they come. Makes for great entertainment.

 

[Rod]

I said if the (I) fund were to fall below my target price that I would consider selling. It's now .07 below that price of 19.10.

I've considered it, and I'm staying.

Took the risk and it didn't pay off. For future reference, I believe I will pull out once the share price drops below my buy-in price. On a positive note, the Nikkei opened UP nearly 100 points for the 9th and is nearing +137.

God Bless

 

[ebbnflow]

Hang in there. The I Fund should be up tomorrow. I'm right more than 70% of the time using my tracking system. I was safely tucked in the F Fund the last couple of days. We should reap some benefits tomorrow.

 

[Rod]

Considering cutting my losses in (I) and going 100(S). ATPIT, it has more to gain.

 

[Rod]

Reluctantly running to (S). Effective Wednesday:

100 (S)

God Bless

 

[lacaprup]

Why the move to the S fund right now? I'm 100% G right now, and I'd imagine I'll stay this way until the end of June. Perhaps I'll buy back in right away if S goes as low as 15.50 and I as low as 17.00. Otherwise, I think G is the safe bet until until some stability returns.

 

[Rod]

Why the move to the S fund right now?

Because that's my risk tolerance. No desire to be in (G) when the bounce occurs. Hopefully we'll get that once the fed meet is over.

 

[lacaprup]

After seeing the nasty looses Japan and Europe took today, I'm expecting the I to drop sharply. I already put in the transfer as I expect the next two days to be a mini-rally. I hope the S has the rebound you expect as well.

 

[Rod]

After seeing the nasty looses Japan and Europe took today, I'm expecting the I to drop sharply. I already put in the transfer as I expect the next two days to be a mini-rally. I hope the S has the rebound you expect as well.

Yeah, it will rebound at some point. But the question remains, "When?".

I've been weathering (I) in anticipation. But unfortuantely I weathered it a bit too long. If you look through my posts, I stated I would consider pulling out of (I) if it were to drop below my initial buy-in price of 19.10. Well, I should've but I didn't. Next time I don't need to "consider". I just need to do it.

Expensive lesson learned, which makes us all better traders in the end.

God Bless

 

[Rod]

Going to be an absolute blood bath for us (I) holders today.

It's only $$$...

It's only $$$...

It's only $$$...

and ONE more time!

It's only $$$...



Gotta stay positive... thank goodness for POWERBALL!!!:nuts:


Exits the room singing, "The sun will come out, tomorrow... bet my bottom LOST (I) dollars..."