Transfer 6/8 for 6/9/04

[Guest]

imported post

Well ladies and gents, I have initiated a move to take my limited exposure (and gains) 10% C, 10% S, and 15% I, and move into the G until further notice. I don't know how far and wide Greenspan remarks will go...plus with the government day off and Market s closed Friday....I WILL REST until next week.

 

[Guest]

imported post

Sorry to hear you weren't more loaded in stocks, I actually got lucky because I tought I was all G Monday. I forgot I went all C on Friday though. <) All G today but I think I may go back intoC for Thursday and then back out for Monday. Little leary of the S fund at this point. According to Tom's chart the 8th is a typically a fairly good stock day, which is Thursday. After that, I'll ride the pine for awhile till coach tells me to go back in. :^I

 

[SIERRAVEGAS]

imported post

My 50 - 50 C and S are going to G today. I'll wait out the long weekend and

Greenspan's comments. I'm taking profit and hiding.

 

[Rolo]

imported post

Welcome, SIERRAVEGAS!

Perhaps you could find Tom and make a contribution to the "T fund". hehe

 

[tsptalk]

imported post

Welcome SierraVegas! Thanks for joining us.

 

[Guest]

imported post

Oh, I 'm not too sorry, because the thing worse then a missed opportunity is getting caught in equitiies at the wrong time. So I played the "safe' game and was able to take back some gains to the G Ponderosa. But I will be back bigger/better/badder?! then ever in the EQUITIES. Until then just waiting and watching.

 

[Frizz B.]

imported post

My FRO indicator was at 315 for yesterday, with all the scuddle going around, I decided it had gone high enough for now so I moved it into the G fund as of this morning. I have been burned the last 2 times trying the F fund. Tom, how do you feel about the F fund, I know we are down for the year, so far. After the 1 penny we get in the G, I might be looking towards the F fund.

 

[$hunter]

imported post

If I retreat to G this morning when will it take effect since the Government offices are closed Friday.

 

[Rolo]

imported post

I am staring doom:s right in the face .

Seventy in S
And thirty percent in C;
Rain, rain, go away!





[align=center]

[/align]


lol!...yes, that is a haiku. This is a Japanese "Dark Cloud Cover" formation. Kinda resembles $SPX, but not really.

 

[oneyoungbuck]

imported post

Well I was 100%G for today, thanx to all the tsptalk info, tomorrow I am going 50%G and 50%S. I have a feeling based on the differentials and that the market is closed Friday, that the S Fund will have some gain.

 

[oneyoungbuck]

imported post

If you make the change before 12 noon EST it will be in effect for tomorrow. Hope that helps.

 

[Rolo]

imported post

Rising Three Methods is what I have been thinking since the breakout Monday. So far, so good for day 3, and I am optimistic for next Monday.


[align=center]

[/align]
[align=left]This pattern starts out with what is called a "long white day." Then, on the second, third, and fourth trading sessions small real bodies appear--these small real bodies form from a fall off in price, but they still stay within the price range of the long white day (day one in the pattern). The fifth and last day of the pattern shows another long white day. This pattern is, in the world of Japanese candlestick charting, a very bullish chart. It shows an upward trend on day one with investors taking a few trading sessions to relax to prepare for the next rise in price that occurs on the fifth day. Even though the pattern shows us that the prices are falling for three straight days, a new low is not seen and the bulls prepare for the next leg up.[/align]

 

[tsptalk]

imported post

Frizz B. wrote:

My FRO indicator was at 315 for yesterday, with all the scuddle going around, I decided it had gone high enough for now so I moved it into the G fund as of this morning. I have been burned the last 2 times trying the F fund. Tom, how do you feel about the F fund, I know we are down for the year, so far. After the 1 penny we get in the G, I might be looking towards the F fund.

The F fund doesn't look too bad from a technical standpoint. The bond market seems to have reacted to the rates being increased but it could always be spooked again. It's still a risk but I think the worst is over. It could work out but I don't know if the risk/reward is worth playingjust yet.

 

[Guest]

imported post

Rolo wrote:

Rising Three Methods is what I have been thinking since the breakout Monday. So far, so good for day 3, and I am optimistic for next Monday.





[align=center]

[/align]



[align=left]This pattern starts out with what is called a "long white day." Then, on the second, third, and fourth trading sessions small real bodies appear--these small real bodies form from a fall off in price, but they still stay within the price range of the long white day (day one in the pattern). The fifth and last day of the pattern shows another long white day. This pattern is, in the world of Japanese candlestick charting, a very bullish chart. It shows an upward trend on day one with investors taking a few trading sessions to relax to prepare for the next rise in price that occurs on the fifth day. Even though the pattern shows us that the prices are falling for three straight days, a new low is not seen and the bulls prepare for the next leg up.[/align]

Why even stay in on days 2, 3, and 4? Why not get out then back in on the 5th day? Would save some losses no? Putting the house on the C fund for Thursday!

 

[Rolo]

imported post

mlk_man wrote:

Why even stay in on days 2, 3, and 4? Why not get out then back in on the 5th day? Would save some losses no? Putting the house on the C fund for Thursday!

Low return for the very high risk in speculating with this voodoo.

There were a few other potential patterns as the market developed. If today were a long white day, which was a possibility, I would have missed it. Long white day/short black day, flip a coin; there ismore to gain, little to lose by my staying in.I believe in the overall uptrend, so I shall default to that in the absence of hard facts--the same concept as Tom's staying at a minimum of 60% stocks in a bull market.

Also, I've screwed myself in the past by trading stocks and funds too quickly, missing out on gains; I do not want impatience to get the better of me.

 

[Rolo]

imported post

Actually, in this case, it is pretty much impossible with the TSP due to the lag. I would have had to anticipate Monday's close early Friday to sell, anticipate the next four days completely, and anticipate Thursday's close (which hasn't happened yet) this morning to buy back.

But, my last post does still hold true, too.

 

[Guest]

imported post

Wow, it looks like I might be back in sooner then later...can you believe the10 point nose dive of the S&P...given the rather tame loses for the Nas and Dow. May be looking for a buying opportunity tomorrow if things are still in a retreat mode.



WHOA, my numbers were not refreshed...retreat not so large.

Still may be looking for a buying opp.

 

[Rolo]

imported post

retire rich wrote:

WHOA, my numbers were not refreshed...retreat not so large.

Still may be looking for a buying opp.

Haha, I did the same thing!...saw this HUGE black candlestick, then later a long shadow.

As far as patterns go, I like the long black day better...it's like a pullback-in-a-day, then resumes its uptrend. I really don't know what to make of it now, but I'm not quite as short-term bull-headedly bullish as I was this morning.

"Ow...didn't hurt!"

hehe

One big selling day is to be expected after two days of buying pressure like we just had, so I'm still thinking, "Resistance is futile."

 

[smine]

imported post

Buy low, sell high. That's why I retreated 100% to G in time to hold on to my meager dollars! Will consider getting C and S if it gets low enough. I believe I'll get the hang of this yet!

 

[reg]

imported post

Has anyone looked at a 50%G and 50%C strategy to balance out the curve. I have heard the 50%cash and 50% equities strategy returns about 80% of the market upside and certainlymoderates the downside with less loss?