SB - go with your heart my friend. Nothing wrong with waiting until things are more certain and secure.
Thanks Steady, It was only a few weeks ago that I was posting my new
goals and my attempts to be more patient. You might recall me saying
Hit&Run Baby. But instead of taking a 1% gain and missing out on the
additional 4.40% gain (like in July) I've been slowly DCAing out of stocks
during the upward move. I'm risking less each day and locking in some
much needed gains. My patience is paying off. Not as much as I would
like, because I'm a "greedy cuss". But hey, I'll take a +1.62% MTD result
(currently) every month. Heck, I'd have to go premium if I could do that
each month ! :nuts:
Thank you SB..that's the nicest thing said to me in a long time...a marginal gain today, leaves us more room for better gains
tomorrow..
Mom told me I had to be nice and share ! More room for gains is why I feel
pretty good that I haven't bailed out of the Stock Funds like I did in June
and July. Each day up brings us closer to A drop. In Correctional Services,
we call that "Confrontational Avoidance Technique". I don't want to be faced
with a drop back down to negative YTD results. With the 2 IFT limits, I'm
taking a bigger chance at missing some nice days at 100%. But I'll take
the +0.27% I had today with confidence that I risked less and did better
then sitting in the (G) Fund Hell Hole.
If we continue up tomorrow it is definitely conformation of a breakout and the bottom MAY be in?
Norm, you have a real gift ( a few .gifs too)
I love the technicals that
I'm seeing. And as you know, oil was in Bear Territory today. As much as
I want a bottom confirmation, I want to go back into stock funds when I
decide to and not have to wait until September. But alas, My moves can
only go one way and the tropics will get some attention before the end
of this week. Georgia/Russia will weigh eventually and some analyst are
surprised it didn't happen during last weeks attack on the pipeline. In the
middle of the day, I heard it would take a cattle prod to boost volume to
a billion shares. The pull back during the afternoon was expected. But the
market climbs on a wall of worry. Especially when its me worrying ! :nuts:
SB, we all appreciate your work. My take is that the market is at the bottom of a great big whole. When I was closing in on loosing >16% in a month-and-half, I almost pull the rip-cord to the G-Fund w/o IFTs. I'm glad I didn't. Sir, you are not one of those 3.9 million. Nsurf9
Nsurf9, you're comments have always motivated me to continue with what
I do here on Tsptalk. When I sit back and dwell on how hard it is, its my
friends on this MB that soon remind me of whats important. Thank you for
that ! The rip-cord can have a "hair trigger" when faced with a YTD loss and
you should be proud of yourself for having the cahonies to see it thru. I'm
proud of myself for having the intelligence to join this great website. When
Ebb went premium, I thought of leaving. Now that would've been a move
to regret. I'm in better shape, retirement wise, as a result.