Show-me Account Talk

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It's a small weak drink, I got a wild hair and sucked in by clever marketing............Dr. McGillicuddy's. Not high on my list and probably the last bottle I will ever buy, but I'm cheap and I will drink every drop. lol
 
Tom's comments hit very close to home today and I am taking them to heart.

Lets not be greedy if we are in the black. Lets make money but remember to reduce risk. Lets not worry about our standing on the tracker and make money then preserve capital. Lets not hold too long because we are out of IFT's and we want to raise our standing on the "tracker". Worry more about any coming risk.

IMO, leaving profits on the table is much more acceptable with our terrible IFT limits, we must preserve our TSP capital.

One thing I noticed is the EMW chart and broke above the 200 sma and that is good for us playing the S fund. The S fund does not always walk in lock step with the S&P and there could be more drive higher even if the S&P starts to falter.
 
Where Investor Money Is Going: 'Under the Mattress'

Where Investor Money Is Going: 'Under the Mattress'

Most recently, investors took $9.35 billion out of equity funds - including more than $7 billion of U.S.-based funds - for the week ended Jan. 4. Stock-based funds haven't had a winning month since April of 2011, and cash in mutual funds is just over $2.7 trillion, the highest level since June 22, according to the Investment Company Institute, which tracks fund flows for the government.

Biderman attributes the reluctance of retail investors to commit money to three factors: 1) an increase in baby-boomer retirees who are becoming more risk-averse in their later years; 2) an economy getting better but still struggling, and 3) worries that the Fed is running out of ammunition to stimulate the economy.


http://finance.yahoo.com/news/where-investor-money-going-under-191550285.html
 
Interesting day, strong open with a weak close. Not exactly a making me feel warm and fuzzy inside. The spx did pierce the 1300 but retreated. That is test and I hope it keeps testing it. The tran did not show any strength but it did not collapse in a heap.

So what is the plan?
 
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