sugarandspice's Account Talk

Well, there is someone and the minions all sing "Follow you Down," by the Gin Blossoms to gain the strength to withstand this bull market.

As for me today I have gone to the I fund to catch a little MO. Seems to be a good spot. But I aint saying "it".
 
Well my dear that move demonstrates the creative approach - good to have you posting again on a more regular basis.
 
Well, I was going to study my Elliot 4 out of 5 waves and my breadth indicators and then my Fibonacci pasta special to further my position that this bull is still running and that if you get out it is very dangerous. People, if you get out now and we start to rally, you will never be able to recognize it. Hold, hold , hold. And remember.....


Anywhere you go, I'll follow you down
Anyplace but those I know by heart
Anywhere you go, I'll follow you down
I'll follow you down, but not that far
I know we're headed somewhere, I can see how far we've come
But still I can't remember anything
Let's not do the wrong thing and I'll swear it might be fun
It's a long way down when all the knots we've tied have come undone
Anywhere you go, I'll follow you down
Anyplace but those I know by heart
Anywhere you go, I'll follow you down
I'll follow you down, but not that far
How you gonna ever find your place
Running in an artificial pace
Are they gonna find us lying face down in the sand
So what the hell now, we've already been forever damned
Anywhere you go I'll follow you down...
RAWWWW! Polly wanna a cracker! RAWWWW!


This is what you wanted right Birch? Attention.
 
I know I'm going to pay a price for seeking your undaunting support but your response is worth the sacrifice - no pain no gain.
 
Anywhere you go, I'll follow you down
Anyplace but those I know by heart
Anywhere you go, I'll follow you down
I'll follow you down, but not that far
I know we're headed somewhere, I can see how far we've come
But still I can't remember anything
Let's not do the wrong thing and I'll swear it might be fun
It's a long way down when all the knots we've tied have come undone
Anywhere you go, I'll follow you down
Anyplace but those I know by heart
Anywhere you go, I'll follow you down
I'll follow you down, but not that far
How you gonna ever find your place
Running in an artificial pace
Are they gonna find us lying face down in the sand
So what the hell now, we've already been forever damned
Anywhere you go I'll follow you down...
Gotta love the Gin Blossoms
 
BlueMax,

As you approach this grumpy bear use discretion and caution. I have an unrequited affectation for sweet brown sugar and all I get is my finger (hooves) slammed in the barn door.
 
BlueMax,

As you approach this grumpy bear use discretion and caution. I have an unrequited affectation for sweet brown sugar and all I get is my finger (hooves) slammed in the barn door.

Grumpy bear? If anything that description of me just reinforces the reputation you have to poorly assess the current situation.

"CODGERS OF THE WORLD, UNITE!!!!!......and don't forget to sing "follow you down....."
 
Bailing on the I fund to the F Fund today. Probably have to give back some of that nice FV we got yesterday but it was well worth the stay. Dont really like that idea of burning one of my IFT's though.
 
Bailing on the I fund to the F Fund today. Probably have to give back some of that nice FV we got yesterday but it was well worth the stay. Dont really like that idea of burning one of my IFT's though.


Explain give back some FV --

I just moved from I to G, but maybe I don't want to based on your FV answer.
 
Explain give back some FV --

I just moved from I to G, but maybe I don't want to based on your FV answer.

I will try but if anyone can shed a little better light on it ....feel free.

When the US markets rally or decline a certain % after the overseas markets close then an estimate is applied by Barclays as to what they think the next day outcome will be for the I fund. Yesterday they predicted that the I fund will go up by .42 cents. If that doesn't happen then the difference between the actual price and the applied FV will be what is taken back.
In my opinion yesterday would not have been a good day to move into the I fund because of the potential large FV, although the idea that OSM's would rally on the US action would have been tempting to do so. It seems to be working out today so far. If the actual price today is .50 cents then we would subtract the FV from yesterday of 42 cents and gain 08 cents. If it is under 42 cents then we would lose or "give back" the diff.

Predicting FV's was something I tried to do a few years back but have given up(not completely)on for the time being.

If I confused you with this then put me on your ignore list because I am useless to you.
 
I will try but if anyone can shed a little better light on it ....feel free.

When the US markets rally or decline a certain % after the overseas markets close then an estimate is applied by Barclays as to what they think the next day outcome will be for the I fund. Yesterday they predicted that the I fund will go up by .42 cents. If that doesn't happen then the difference between the actual price and the applied FV will be what is taken back.
In my opinion yesterday would not have been a good day to move into the I fund because of the potential large FV, although the idea that OSM's would rally on the US action would have been tempting to do so. It seems to be working out today so far. If the actual price today is .50 cents then we would subtract the FV from yesterday of 42 cents and gain 08 cents. If it is under 42 cents then we would lose or "give back" the diff.

Predicting FV's was something I tried to do a few years back but have given up(not completely)on for the time being.

If I confused you with this then put me on your ignore list because I am useless to you.

Ok got you -- so basically whether we stayed in or got out, we are vulnerable for the difference. I was afraid there was some kind of extra penalty for getting out -- moot now anyway as I canx my IFT and stayed in I fund. It looked like it was dropping fast and I lost my nerve and left it in for another day.
 
I will try but if anyone can shed a little better light on it ....feel free.

When the US markets rally or decline a certain % after the overseas markets close then an estimate is applied by Barclays as to what they think the next day outcome will be for the I fund. Yesterday they predicted that the I fund will go up by .42 cents. If that doesn't happen then the difference between the actual price and the applied FV will be what is taken back.
In my opinion yesterday would not have been a good day to move into the I fund because of the potential large FV, although the idea that OSM's would rally on the US action would have been tempting to do so. It seems to be working out today so far. If the actual price today is .50 cents then we would subtract the FV from yesterday of 42 cents and gain 08 cents. If it is under 42 cents then we would lose or "give back" the diff.

quote]


I am a newbie here so if I can ask a couple of questions? Everyone talks about FV is that short for Fund Volume? If I understand what you are saying above, Barclay's makes a calculated guess on what the I fund will do tomorrow based on how much traffic will be traded in and around the Asia/Europe markets that day. So for yesterday they guessed wrong. That is why we lost 27 cents??? It almost sounds to me that Barclay's complained to the board about the large volume of trading the TSPer's did in and out of the "I" and it messed up their guessing. So that may be a reason why we are going to be limited to only 2 IFT's a month. Captain Obvious right? "Force field up"
 
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