Tsunami's Account Talk

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TS,

Safe travels on your trip tomorrow! Enjoy that new grand baby. That is awesome, congrats!!! Also, not marrying off a stepson. gaining a daughter-in-law...Enjoy!!!:D
 
Heading to the Bay Area tomorrow to meet my 1st grandchild, an adorable little girl born last week...also marrying off my stepson later this week...a two-for-one week![/QUOTE]
........................................................................................................................................................................
Congratulations, 1st grandchild quite a blessing and yes, she must be an adorable little princess. My youngest granddaughter will be a year old next week. She has been nothing but pure joy. Here's a nice song for you and your little one.

 
That is wonderful TS!

Never surprised to see the bulls rally but I agree with you that we are chop chop sideways and declining for the next 6 weeks. Seeing lots of bears lining up and the shorts are starting to show up on all the forums.

FS
 
Cougs 3-0 and still on a collision course with 3-0 USC in two weeks...

I noticed last week that my VLO and RDS.B in my dividends portfolio are breaking out to new highs, and per Gunner oil should be starting a new surge, so it should get better after a short-term pullback first.
17092017/

I might get crazy and buy some ERX for a trade for a few months, but since I see 5 waves up in this chart I'll wait for a pullback to 24 or so to buy, over the next week or two...
ERX - SharpCharts Workbench - StockCharts.com

The whole commodities market is poised to take off per Jim Puplava on his latest FinancialSense.com podcast...including gold and silver, and grains...the reason is that we're entering the final stages of the bull market overall, and commodities will be the last sector to peak after bonds and then stocks.

Wow, why isn't cereal and other wheat products super cheap right now?
http://stockcharts.com/h-sc/ui?s=WEAT&p=D&yr=5&mn=0&dy=0&id=p54897314138
 
It's very rare for permabull Jeffrey Saut to even hint that the market might dip a little...
https://www.raymondjames.com/wealth-management/market-commentary-and-insights/investment-strategy

That and other reasons including that the Elliott wave patterns are suggesting to me that the tax relief bill will be a seen as a disappointment led me to sidestep to the G fund today. Maybe only for a day or two though, I don't expect much of a drop.

Here's some spooky sounds from outer space for Halloween.... :eek:

https://www.nasa.gov/vision/universe/features/halloween_sounds.html
 
Didn't u just jumped back in a couple of days ago? The one thing I've learned since I started investing (1982) is that this business is kind of like customer service. U have to have a thick skin...and I took some serious beatings since then. At the end of the day I've been playing with their money for decades. In my lifetime I've been long for years as well as long for a couple of hours day trading. TSP makes it very difficult to time the market...which is a nearly impossible task as it is.

Sent from my Z981 using TSP Talk Forums mobile app
 
"[FONT=&quot]What do you think will happen with the Apple stock after 4Q earnings release? I suppose that the November 2 call triggers next massive strong bull market signal."

[/FONT]http://www.gunner24.com/newsletter/nl-102917/

FANG continues to lead the way higher.
 
Hmm, I don't like the looks of the chart...junk bonds are slowly rolling over and today saw a big drop...

JNK - SharpCharts Workbench - StockCharts.com

And secondly...this is huge for anyone in the TSP and it's good news for me since I'm looking at retiring December 2018... so now I can drop the idea of transferring my TSP to a traditional IRA since the lower fees and these new expanded withdrawal options make it much better to stay, in my opinion....reasons include the simplicity of the TSP and therefore you won't be tempted by the endless options in a self-directed IRA to destroy your account, plus of course the ultra-low fees of the TSP funds. Hopefully this will be implemented by January 2019. Thank you Congress, finally!
 
I'm several years from retirement, and have the same opinion about keeping my money in the TSP. Simplicity and lack of options. I can easily see myself frittering away my balance because of too many investment options.
Tsunami said:
Hmm, I don't like the looks of the chart...junk bonds are slowly rolling over and today saw a big drop...

JNK - SharpCharts Workbench - StockCharts.com

And secondly...this is huge for anyone in the TSP and it's good news for me since I'm looking at retiring December 2018... so now I can drop the idea of transferring my TSP to a traditional IRA since the lower fees and these new expanded withdrawal options make it much better to stay, in my opinion....reasons include the simplicity of the TSP and therefore you won't be tempted by the endless options in a self-directed IRA to destroy your account, plus of course the ultra-low fees of the TSP funds. Hopefully this will be implemented by January 2019. Thank you Congress, finally!
Click to expand...
 
I am incredibly glad to see they're ready to change withdrawal options finally, after all these years. Assuming the prez signs it. Will make it more doable to buy the retirement property with less mortgage than otherwise when the time comes, if it makes sense at that point to do a lump withdrawal for that purpose. Based on past FRTIB history on major changes, it will take them the entirety of the timeframe they are given to get it implemented and actually usable for us.
 
The low just before the close at 2577.62 was the EXACT, to the tick, 38.2% retrace of the Wednesday/Thursday rally from 2557.45 to 2990.09. It also looks corrective, overlapping and no panic selling. That suggests to me that we'll see a gap up Monday. I'll be watching closely for a top near 2610ish though.
 
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