Sloop8186's Account Talk

[Sloop8186]

Good morning folks! I am new to posting on these forums but have been following this site for a little under 2 years now. I was one of the unfortunate people that happened to be in the S Fund in the middle of last year when the market dropped quite a bit. Fortunately I didnt lock in any losses and gutted it out for the rest of the year up until this last monday when I jumped back into the G with a 6% gain on the month.....unfortunately I shoulda waited til next monday to do this. Oh well, Ill take a 6% gain for the month!

Anywho, I am torn between jumping back in the market tonight but am unsure if that is a good idea or not due to the recent bull rush the market has been going through. A pullback has to be coming, right? The way the market is going it could jump 10% more before pulling back, although that is unlikely. What is everyones opinion on jumping back on the train tonight?

I look forward to chatting with everyone in the future. BOL to everyone on this ride, hopefully it will continue throughout the year.

 

[RealMoneyIssues]

Welcome and good luck. Sounds like your doing pretty well already.

If I were in your spot, I would stay out and wait for a small pullback to get pack in...

 

[ILoveTDs]

There are a lot of contraians that keep talking that we MUST have a "pullback", but I don't really understand why. Sure I think we a due for a down day or two, but I personnally don't see why we need a "pullback" per say. I think without any major news this thing will continue up through mid Febraury at least with some resistence of the DOW at 13000. If I were in your position I would wait out the weekend, there might be a slight sell off going into the weekend, and buy back in Monday - rolling into February in equities and 2 new IFT.

Ultimatly you should go with your gut though.

 

[nasa1974]

Sloop8186, welcome aboard. good luck.

 

[silversurfer]

Welcome, and here's to a good year for us all.

 

[nnuut]

Welcome Sloop8186, the Market is showing off right now hopefully it will continue but things change easily.
Best of luck
Norman

 

[Scout333]

There are a lot of contraians that keep talking that we MUST have a "pullback", but I don't really understand why. Sure I think we a due for a down day or two, but I personnally don't see why we need a "pullback" per say. I think without any major news this thing will continue up through mid Febraury at least with some resistence of the DOW at 13000. If I were in your position I would wait out the weekend, there might be a slight sell off going into the weekend, and buy back in Monday - rolling into February in equities and 2 new IFT.

Ultimatly you should go with your gut though.

IL TD, Thats so those of us who missed the 2012 boat the first time around will have a second chance to climb on board!

 

[Sloop8186]

Well, I decided to stay out of the market for the rest of this week. Depending on how tomorrow morning looks I may wait the weekend out and jump back aboard Tuesday if it looks favorable, mainly to burn my IFT so I dont have to burn one to get back in in Feb.

 

[Sloop8186]

Well got my IFT set for tomorrow night, jumping 100% into the I fund. Hoping tomorrows debt talks go well, only time will tell. It's a but risky, but i feel if it turns out positive it could be quite a jump up. BOL this week to everyone this week.

 

[MrJohnRoss]

Good luck Sloop. The I Fund is a volatile bad boy, and will give you rapid up and down days. I hope you can use some of the info here on this forum to help you make good investment decisions.

John

 

[Sloop8186]

I'll be 100% I starting tomorrow morning, here's to hoping today was the dip and the rest of the week is in the green

 

[Sloop8186]

So far so good today, hopefully the momentum starts to build and continue through the week. If I can get 3% from the I fund I will jump ship and look for an entry point back into the C/S. Up 6.5% in January, if only I woulda stayed in the S for an extra week =/ Oh well.....

 

[Sloop8186]

Well, my jump back into the I fund today pushed me over the 7% mark for January! If only I could do that for the next 11 months! Lol, hopefully the I keeps improving throughout the week, I'm ready to make my jump to the S if I can pull 3% out of it. Hopefully Greece can get their deal, then it's up up and away!

 

[Sloop8186]

Considering jumping out tomorrow if this big day keeps up, hopefully I can get my 3% before a pullback. BOL today everyone, looks like a promising start.

 

[Sloop8186]

I dont like sitting very long in the I fund, im getting kind of antsy debating whether to jump out with my 2 days worth of gains or hang out for another day....decisions decisions....

 

[Sloop8186]

Jumping out of the market COB today, I should reach my 3% goal for the month if the market holds its gains today. Since February is normally a bad month for the market, im gonna look for a drop mid month to make another entry. BOL to everyone today, hopefully these gains hold steady.

 

[Birchtree]

Protect your neck from strain next week as the angle of ascent continues.