Squalebear's Account Talk

I'm seeing a small extention of the current Red line position. I also see a
Blue position forming soon after. De Ja Vue ? It doesn't look to good for
the 30% rebound, so many have talked about. You know, the one that
was right around the corner. :blink: I won't sell my position in the (S) as I've
done so in the past and absorbed the loss. But how long can I take this
is anyones guess.
 
Hold on there Ol Squalebear.

We've got support at 560, and I see it held there, so I suspect it will hold again. If not, 555 has support as well.

I'm in to win, IFT 75 S ;)
 
Hold on there Ol Squalebear.

We've got support at 560, and I see it held there, so I suspect it will hold again. If not, 555 has support as well.

I'm in to win, IFT 75 S

Thanks for keeping me honest my friend. I'm in to win as well.
Its good to see that your not using your emotions in the decision
process. No, I may spout out my feeling alot, but I'm more tech
based as part of my reevaluated goals I posted a while back. I'm
questioning whether the (C) Fund should be part of my porfolio
instead of 100% (S) Fund. That might be my second IFT, but I'm
uncertain above touching anything at this point in time. ;)

Late Friday and After Hours trading gave (Macky) of Fast
Money reason to say;

I wouldn't be surprised if Monday had a huge move upward in
a 3 or 4 day rally within this Bear Market. But it won't last that
long before it starts moving downward again. :)

I don't know if its his stiff jaw or the way he speaks, but there's
something I like when that guy talks about Good and Bad news.
Lets hope right. :)

Next week we'll be shouting;
We Don't Like Ike, as it shreds its way into the Gulf Coast as a
Cat 3-4 Hurricane (just my gut). :worried:

By the way, was that a (Yogi Bear reference) when you wrote;
"Hooooold On Thar, Ol Squalebear"
 
Within the O/D Tracker, a firm trend has been estiblished. The weekly
addition and subtraction of the Overpayment has been consistantly a
Plus, Minus, Plus, Minus, beyond what you see in this post. I haven't
looked into this fact just yet and may mean nothing at all. But its still
there non the less. The swings in the O/D Tracker this week is a stark
reminder of how hard the (I) Fund is to fugure out. The Tracker is of
no help when fluxuations occur as they have. Its volitility thats clear.
Risk is high ! Even while in the "Low" area of the tracker. The Fund Mgrs.
have utilized this area to offset losses as of late, then, compound more
losses with paybacks. The INO.com site continues to send me daily eval's
of the EFA. Not much has changed since I last mentioned this. They say
the EFA is in a serious and strong downtrend (duuuh) and give it a rating
of Negative -95 (the worst being -100). Its one thing being wrong about
going into the (F) or (C) Funds, but being wrong in the (I) Fund can & has
been proven to be as painful as it was profitable, over the last few years.
I get a little tired of the doom & gloom conclusions I keep writing within
this summary, but until things change, you'll get the truth as I see it.
No Smoke and Mirrors, No Feathers or Fluff.
(go ahead L2R, I opened the door) LoL.

YTD O/D FOR ALL TSP FUNDS

(C) Fund vs. the SPX = 0.2150 TSP Cent Overpayment or +1.51%
(S) Fund vs.. DWCPF = 0.2932 TSP Cent Overpayment or +1.64%
(I) .Fund vs. the EFA = 0.2717 TSP Cent Overpayment or +1.43%:)
(F) Fund vs. the AGG = 0.3899 TSP Cent Overpayment or +3.18%

DAILY (I) FUND VS. EFA O/D TRACKING RESULTS:

......DATE.....DLY % DIFF.....YTD TSP CENTS.....
(8/11/08) +0.5724% -0.4440 tsp cents
(8/12/08) -0.0567% -0.4287 tsp cents
(8/13/08) -0.7199% -0.2719 tsp cents
(8/14/08) +0.6715% -0.4104 tsp cents
(8/15/08) -0.1735% -0.3715 tsp cents
WEEKLY..+0.0393%+0.0496 tsp cents

......DATE.....DLY % DIFF.....YTD TSP CENTS.....
(8/18/08) +0.0903% -0.3882 tsp cents
(8/19/08) -0.4733% -0.2878 tsp cents
(8/20/08) -0.1002% -0.2692 tsp cents
(8/21/08) -0.1488% -0.2401 tsp cents
(8/22/08) +0.0729% -0.2561 tsp cents
WEEKLY..-0.5591% -0.1154 tsp cents

......DATE.....DLY % DIFF.....YTD TSP CENTS.....
(8/25/08) +0.7622% -0.4063 tsp cents
(8/26/08) -0.4230% -0.3220 tsp cents
(8/27/08) -0.5610% -0.2106 tsp cents
(8/28/08) +0.3609% -0.2877 tsp cents
(8/29/08) +0.2044% -0.3291 tsp cents
WEEKLY +0.3435% +0.0730 tsp cents

......DATE.....DLY % DIFF.....YTD TSP CENTS.....
(9/01/08) FEDERAL HOLIDAY
(9/02/08) +0.6546% -0.4584 tsp cents
(9/03/08) -0.8790% -0.2772 tsp cents
(9/04/08) +0.6018% -0.3826 tsp cents
(9/05/08) -0.5642% -0.2717 tsp cents :)
WEEKLY -0.1868% -0.0574 tsp cents

THE KEY:
------------------------------------------------- WE OWE THEM ----
- .6000 thru -.4000 High Overpayment (Rarely Goes Higher
- .4000 thru -.3000 Meduim Overpayment, (Flip A Coin)
- .3000 thru -.2000 Low Overpayment (Goal is Met):)
- .2000 thru -.1000 (Not Seen Too Often)
- .1000 thru -.0000 (Not Seen For Over 2 Months)
-------------------------------------------------- THEY OWE US ----
+.0000 thru+.1000 Low Deficit (Goal is Met)
+.1000 thru+.1500 Medium Deficit (Flip A Coin)
+.1500 thru+.2500 High Deficit (Rarely Goes Lower)
+.2500 thru+.3000 Windfall Coming !
---------------------------------------------------------------------
 
YTD IDX returns: YTD TSP returns: YTD SB current returns:
SPX= -15.39%.....C=... -14.08%....-01.93% (my figures):(
DW.= -11.03%.....S=... -09.62%....
EFA= -24.28%.....I=.... -23.15%...
AGG= -00.43%.....F=... +02.81%...
...........................G=... +02.60%...

MTD IDX returns: MTD TSP returns: MTD SB current returns:
SPX= -03.16%.....C=... -03.10%....-02.70% (my figures):(
DW.= -03.54%.....S=... -03.44%....
EFA= -06.61%.....I=.....-06.80%...
AGG= -00.01%.....F=... +00.62%...
...........................G=....+00.05%...

IF I SOCKED MY MONEY IN THE (I) FUND, INSTEAD OF THE (S) FUND,
I'D BE WISHING FOR THE OLD (I) FUND TO REAPPEAR MYSELF. BUT
THATS NOTHING MORE THEN EMOTION AND THE MARKET FEELS NO
LOVE OR HATE. IT IS WHAT IT IS ! ALL THINGS CHANGE, I JUST DON'T
WANT TO SIT IN DENIAL WAITING FOR IT TO HAPPEN. ESPECIALLY IF
IT MEANS A HIGH PROBABILTY OF GREATER LOSSES. :notrust:
 
Thanks for keeping me honest my friend. I'm in to win as well. Its good to see that your not using your emotions in the decision process.

Thanks buddy, if June taught me anything, its to stick to the plan, but before you do that you have to have a plan. You've been there for me when I've wigged out and I won't forget it. I know your hanging in there and I'm just here to provide emotionless support for those who IFT'd before me.

As for the C & S thing, I'm trying not to mix up my funds too much. I find that when I do, it muddies up my rational thinking and leads to my freaking out. :cheesy:

Late Friday and After Hours trading gave (Macky) of Fast Money reason to say;

I like Jeff the most too, not because he's right the most, but because when he hates something he lets you know in no uncertain terms. And when he gets burned he openly admits it.

CNBC has an EFT show coming on tonight. It's probably basic dumbed down EFT investing, but that means I can get my wife to watch it with me :D
 
EUROPE MARKETS
Europe shares surge on U.S. mortgage rescue plan HBOS up 15.8%, Barclays up 13.2%, UBS up 10%
By Sarah Turner, MarketWatch
Last update: 3:20 a.m. EDT Sept. 8, 2008

LONDON (MarketWatch) - European shares surged at the start on Monday, with financials and commodity stocks shooting higher, after the U.S. government bailed out home mortgage giants Fannie Mae and Freddie Mac.
The gains followed news that, in the biggest government bailout in U.S. history, regulators are seizing control of home mortgage giants Fannie Mae and Freddie Mac. Under a sweeping plan, the two companies will be run by the government indefinitely, with the two current chief executives to be replaced and the government investing up to $100 billion in each firm to keep them solvent.

The Treasury said that stock in the company will continue to trade, although powers of stockholders will be suspended until government control ends.
 
Treasurys tumble as traders unwind safe-haven trades
By William L. Watts
Last update: 3:40 a.m. EDT Sept. 8, 2008

LONDON (MarketWatch) -- U.S. Treasury prices tumbled Monday as traders showed renewed risk appetite in the wake of the U.S. government's decision Sunday to take over troubled mortgage lenders Fannie Mae.

The benchmark 10-year note was down a full point at 101 12/32, boosting the yield by 13 basis points to 3.83%. The yield on the two-year note rose 15 basis points to 2.46%. Prices and yields move in an inverse relationship. Treasury prices had rallied sharply last week as risk appetite waned and global equities tumbled amid worries about the economic outlook and the financial sector. Stock markets soared in Asia and Europe Monday in the wake of the Fannie and Freddie announcement.
 
Hurricane Ike made landfall: 9:45 p.m. EDT, near Punto De Sama in the Cuban province of Hoguin with winds estimated near 125 miles per hour.

As of 2 a.m. EDT, Ike was located about just just inland near the north coast of Cuba in the province of Las Tunas, or about 85 miles east of Camaguey, Cuba, still as a category 3 hurricane with winds now near 120 miles per hour. Ike is moving west at 13 mph.

View attachment 4617

View attachment 4616
 
Last edited:
I don't know if we got confirmation today, but we're off our Highs and
I'm not going to bail from the (S) Fund just yet. Even if it lags the (C)
Fund today. We're showing all Funds in the green. That occured two
weeks ago with some very nice gains. Tomorrow I'm guessing the (S)
will take the lead over the (C) and my patience will pay off. The EFA
is up over 2% and looks so inviting, especially with the Overpayment
being in the "Low" area of the O/D Tracker. However, we got a rising
dollar and we might payback some overpayment which would allow for
another underperformance in the (I). Remember, we could go down to
the "Not seen too often" area of the tracker.

SO I'M STICKING TO MY GUNS AND STICKING TO THE (S) AND YOU
GUYS,,,,, STICK WITH YOUR GOALS,,,,, WHAT EVER THEY ARE ! ;)
 
I'll tell you what...I've waffled back and forth about 20 times this morning between selling 100%, keeping it in, 50/50, 75/25, etc etc.

Sure, I'd like a nice gain today, maybe it will happen. If it doesn't, then it confirms the chart is absolutely broken...so I don't want to be in when that happens. And sure, we could rally for two more days...but probably only financials. Nasdaq being negative right now as I type is a bad, bad sign.

Really, I want to get through Q3 earnings and see what happens.
 
Back
Top