Steadygain's Account Talk

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Steady,

Didn't mean to whine that I've been "overlooked"...heck, you have enough on your plate ! It was my attempt at humor :)

BUT....thanks for the invite ! I don't want to miss the jams, or the seminars !

....and James...thanks, too, for the perspective ! I'm still searching for my "Higher Power" but I have no doubt you are correct !

Okay....last non-TSP post in Steady's thread....I'm off to check the lava lamps in his new pad :D

GL to all !

Stoplight...
 
Stoplight - everything's cool man. Thanks

Looks like a very disappointing day for the Markets and although none of us like to hear this stuff "The talk of economic concerns and RECESSION remains very strong from Treasury, Fed, and almost every Major Financial Stronghold" so once again it makes me leary and I certainly expect another loss today.

In retrospect I would have remained in safety throughout this entire year and trade my -10% for a +1%; but we are all geared towards greater endeavors and staying in Safety is not "our cup of tea". So at this point I feel I'm better staying at the bottom and riding the next wave up - then get out at -7% until I finally break even.
 
I still think you are fine.

I-fund started off low, but has been climbing. Might even gain today. Impossible to say of course. The S&P 500 will not be down much by the end of the day, and I'm still thinking it will be up a bit.
 
Dagon said:
I still think you are fine.

I-fund started off low, but has been climbing. Might even gain today. Impossible to say of course. The S&P 500 will not be down much by the end of the day, and I'm still thinking it will be up a bit.
Click to expand...

Thank you my friend, we can only hope for the best. It may be unfortunate for me (or in reality it may be a blessing) but I have developed the "Birchtree Disease" - which essentially ignores the day to day ups and downs. So it really doesn't make any difference to me what the Markets are doing at this point in time, as overwhelmingly I trust in the long run things will pay off. But yesterday it appeared the Markets were solidly taking off and so "for that moment" I abandoned my emotions to the charts.

http://www.tsptalk.com/mb/showthread.php?t=5535
 
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Same here. I won't be getting into 'predict the closing price in 1 1/2' days, that is required of trying to guess a single day of gain. At least not yet.

Everything is now going down except for the F fund. But one day is not an indication of where we'll be at come 2-3 months down the line. If I wanted steady gains I'd be in the G-fund. But part of accepting long term high gains, is accepting short term high losses. Some guys can't handle it in their savings, just as some can't handle it at the poker table.

As I say in my new thread, I'm basing myself on the L2040. So long as I beat that, I'm doing well ;)
 
Dagon said:
This should be good news for you SteadyGain.

Kind of wish I was for monday.

I think this will drop the US dollar, thus most likely a big increase for the I fund. A good day to be out of F as well.
Click to expand...


My friend, most of us on this site have rapidly jumped in and out of the Markets. Over the past 5 years this was a fairly easy thing to do. Even last year Ebbnflow - who designed the Ebb Chart - was able to acquire a 30% Gain by 10/07.

Since 10/07 everything has fundamentally changed - it is a whole new climate and the volitility is too great to simply jump in and out. SHOW-ME (despite this bizarre and impossible condition) was able to achieve a 13% gain during this chaotic event in history. But he is probably the only one that "lucked out".

But now we are in a new and different ballgame altogether. I believe the best way to proceed is making a decision (such as 50/50 C/I) and staying with it. Several weeks prior we had the best week in a 5 year peroid - SO WE KNOW THAT OCCASIONALLY A WEEK WILL BE GOOD. As the months have passed since 10/07 I personally believe things will continue to get worse (instead of better) and leaving your money put - will result in increasing losses. So my plan is to keep things in place - WAIT FOR A FAIRLY DECENT WEEK WHERE THE RANDOM MOMENTUM RESULTS IN GAINS THEN FLEE TO SAFETY and patiently wait for a huge sell off.

http://www.tsptalk.com/mb/showthread.php?t=5535
 
Well I'm willing to stick my neck out and look like an idiot but:

IMHO - today is meaningless and I could care less where the Markets go at the moment. Undoubtedly we would be better off IF WE KNEW FOR SURE WHAT DAYS TO BE OUT AND WHAT DAYS TO BE IN - but no one can possibly know that with 100% certainty and many have already been notified their ITFs will be greatly limited. I left mine 50/50 in C/I - not because it is the best decision (as in retrospect I can see other choices would have been better) - but I'm leaving it this way because for all practical purposes it appears there is more than enough evidence to support short term upward gains; so for me the winning strategy is BE RIGHT, SIT TIGHT (thank you Birchtree) and avoid the temptation of frequent ITFs as the probability of missing a BIG GAIN is just as great.

http://www.tsptalk.com/mb/showthread.php?t=5535
 
This week provided more profit than loss - and I still have a lot of ground to cover. I'm playing this on a WEEK to WEEK Basis.


Right or Wrong - I'm going G today to prepare for next week. Typically BONDS are seen as "the safety place" and when that "shelter" falls apart I suspect many will flee the markets out of fear. We have known since last August that the housing situation would get progressively worse - and that in itself does not concern me - what concerns me is THE WAY THE MEDIA USES THIS TO PROJECT THE NEGATIVE SENTIMENT in regards to our economy. Taking all this together - I suspect some fairly BIG FALLS next week.
 
I'm precariously perched in C today. My "hope" is that if we can manage not to tank it today, that maybe Tuesday will be an up day, since there is no economic data slated. It would be an opportunity to sell again.

I've been lucky lately. Sold 100% 1386, buy 50% 1331, buy 50% 1348, sold 50% 1367, buy 50% 1348.

Wed is housing and inflation data, which is somewhat scary. You know housing will be bad! Looking to sell 50% if Tue is up over my 1348 level. If it tanks, oh well, I gained shares and have a LONG time until I retire.

Optimally, I would like to retest 1380-1395 level to get 100 out of stocks. Also, if 1320 breaks, I'm gonna take some off the table.
 
Corepuncher said:
I'm precariously perched in C today. My "hope" is that if we can manage not to tank it today, that maybe Tuesday will be an up day, since there is no economic data slated. It would be an opportunity to sell again.

I've been lucky lately. Sold 100% 1386, buy 50% 1331, buy 50% 1348, sold 50% 1367, buy 50% 1348.

Wed is housing and inflation data, which is somewhat scary. You know housing will be bad! Looking to sell 50% if Tue is up over my 1348 level. If it tanks, oh well, I gained shares and have a LONG time until I retire.

Optimally, I would like to retest 1380-1395 level to get 100 out of stocks. Also, if 1320 breaks, I'm gonna take some off the table.
Click to expand...

Sounds like a good plan my friend. The main thing is having a good sense for what you're doing.

I'd say the best thing you could do is: FOLLOW YOUR HEART

http://www.tsptalk.com/mb/showthread.php?t=5535
 
Hi again,

Just heard that Trader Joe's will no longer sell "main ingredient" items from China. Trader Joe's is expanding around the country now. But (in case you don't know), they're sort of cultist, eclectic, funky, organic and wonderful. Home of two-buck chuck, finest $2 bottle of wine in the world. I never worked for them, but obviously, I love em.

No doubt, any poor shrimp down-stream from Atlanta has suffered greatly, but I'd rather take my chances with shrimp from the gulf than China.

Gail
 
Today turned out better than I thought it would, so I sould still end the week in the BLACK - which is always nice.


Everyone have a great weekend (especially since it's a 3 day one).

On Monday our family is going to St. Louis, MO to something called "Body Works". It's some process where by they were able to turn human tissue into a plastic like material and so you have these bodies displayed in very unusual and colorful ways. I know it sounds weird - but we've heard it's a fancinating exhibit.

http://www.tsptalk.com/mb/showthread.php?t=5535


Anyway... PEACE, LOVE, AND HAPPINESS TO ALL. :cool: (and especially to you Gail)
 
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