Weather_n_Leather's Account Talk

[Weather_n_Leather]

Before I write and tell everyone what my thoughts and feeling are on what is occurring in the market (maybe next post), I have a comment about the tax rebate checks that everyone is talking about.

I understand the premise that the government gives money back and that money is put back into the economy when the public makes purchases. But from what I have heard via the media (TV, internet and newspapers) , only a small percentage (~33 percent) was actually injected back into the economy the last time the government sent out tax rebate checks. It sounds like roughly a third was used to pay down debts while the remaining third was put into savings.

With a current number of foreclosures and record credit card debt, it seems to me the percentage of this tax rebate that will actually injected back into the economy in the short-term this time would actually be smaller than the last time.

I am sure most of the money eventually made it back into the economy last time and will this time as well. But if this is a short-term "fix", it does not seem very efficient.

Does anyone else feel this way...or am I out in left field?

 

[Weather_n_Leather]

Hi all,

I just signed up for the Automatic Tracker. What a wild time to get in.

My current allocation is as follows:

90 G
10 F

It looks like we may have a few days of a down market before there could be a few rays of hope.

Anyone have any ideas if and when the I fund looks like a good play?

 

[Weather_n_Leather]

65 G
0 F
10 C
10 S
15 I

Do not usually do this. But looks like it may be a good time to make a little money.

 

[Weather_n_Leather]

I thought about my initial move to spread a little money across the stock funds. Was looking at the world markets and got a little caught up in what looked like a good day. But the US stock market is not the world market. So I cancelled the initial IFTscheduled for close of business 1/23.

Still:

90 G
10 F

 

[Weather_n_Leather]

I am still not sure when and where we will reach the bottom. Is the recent two day rally a bump on the way to the bottom? So I do not want to get back into the market too heavily. However, there is some money to be made in the short-term.

I would like to be able to conduct large IFTs more often. Because of the lack of time for extensive market research, I do not like to make large moves. I do realize I have a better chance of making a higher return if I made larger moves more often (and also a better chance of a lower return).

However, my preference is to make small moves less often which will be able to capture the highest return I can. Hope this makes sense.

As of COB 1/25, I will be

83 G
0 F
5 C
5 S
7 I

Depending on what occurs next week (closer to the FED meeting), I may move a little deeper into the market. We will see.

 

[Weather_n_Leather]

Still not sure when and where to get back into the markets. But I think the best thing to do is to get a little farther in.


71 G
0 F
9 C
9 S
11 I

COB 1/30

Any thoughts?

 

[Weather_n_Leather]

I have not been online in awhile as there seems to have been too many things to do and not enough time. The sad thing was I was learning about the market and what makes it tick (up or down).

I am hoping things will quiet down soon so I will be able to get back on here. There are many people in here which are knowledgeable about how to make money in TSP and stocks, in general. I want to learn more.

 

[Weather_n_Leather]

All,

I am ready to get back into the swing of things and learn from all of the knowledgeable people on here. I am not doing too bad in the automated tracker for not spending any time reading the market. However, I can do better and that is what my goal is.

Bring it on!!