Wheels' Account Talk

[Wheels]

And yet you're still kicking most of our butts for the year.

Not after this week I'm not. I'm sure I slipped right out of the top ten.

Dave
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[FundSurfer]

UR #5 right behind sugarandspice. Still very good and you are overdue for a break.

 

[Wheels]

Very difficult to make a decision today because today's action is not very definitive. S is surely becoming due for a pullback but I think I'll push my luck a little this time and stand pat. This slope is getting slippery though.

 

[Wheels]

Once again, the "just one more day" mentality bit me in the........... A whopping 1.68% loss today. Wipes out more than half of the gains of the last 6 consecutive up days.

I am now almost 2% behind the I fund, and more than 2% behind the leaders on the Tally board. But what's worse, much worse, is that my account has $9,000 less than did a day ago.

Brutal day. Very frustrating.

 

[Birchtree]

It's a small consolation, but you are still ahead of me on the tally.

 

[ebbnflow]

Wheels, the S fund is saying "Ssssssssssssss", and has mocked many in this sarcastic voice...

Once again, the "just one more day" mentality bit me in the........... A whopping 1.68% loss today. Wipes out more than half of the gains of the last 6 consecutive up days.

I am now almost 2% behind the I fund, and more than 2% behind the leaders on the Tally board. But what's worse, much worse, is that my account has $9,000 less than did a day ago.

Brutal day. Very frustrating.

That's what happens when you play with the Snake-fund -- you never know when it's gonna bite back. Time to go over to the Goodship-fund or the Friendly-fund.

 

[ocean]

Once again, the "just one more day" mentality bit me in the........... A whopping 1.68% loss today. Wipes out more than half of the gains of the last 6 consecutive up days.

I am now almost 2% behind the I fund, and more than 2% behind the leaders on the Tally board. But what's worse, much worse, is that my account has $9,000 less than did a day ago.

Brutal day. Very frustrating.

Wheels,

Hope tomorrow will be a better day for you. As Birch said, your standing is still ahead of many members here. From what I see, you only slipped one position as Griffin just past you. Don't feel bad.

As for the dollar amount, I feel your pain. You know, as the size of the portfolio goes up, we really can't avoid that. Each 1 to 2 % up or down in the funds, we will see $5K to $11K fluctuation in the balance (at this point). Don't worry, you will get it back pretty soon.

Ocean

 

[Wheels]

Another $5400 (and apparently increasing) right off the top. At least I'm not losing any ground on the I fund.

 

[Birchtree]

Yes but consider: you have pretty maple and birch tree leaves to look at out your back door. That's a reason not to be despondent. Enjoy the fall.

 

[Wheels]

Nice turnaround. Hope it holds (or continues)

 

[ocean]

Wheels,

-.05 on S fund today truned out not as bad as you thought. Nice rebound.

Ocean

 

[Wheels]

Wheels,

-.05 on S fund today truned out not as bad as you thought. Nice rebound.

Ocean

Yes. I survived the day O.K. The S is underperforming badly again though for several days now. I am ever so slightly ahead of the I. If that holds, I may jump 100% into the I just to stay ahead.

 

[Wheels]

This had been a very good week for me until today. In fact I think I had wiggled my way back into 3rd place on the tracker before today. But with all the other leaders in the I fund today, and me still in the S, I'm sure I took a hit in the polls. Still made a few bucks this week so it's all good.

 

[mlk_man]

Dave, what ever happens, please don't jump.................:blink:

 

[Wheels]

Dave, what ever happens, please don't jump.................:blink:

That's hardly ledge talk. If you wanna hear some ledge talk I'll go back through some of my posts in the last 6 months. I'll show you some ledge talk.

I find some of my bests periods come right after some of my strongest ledge talk. Guys I work with call it the whine, whine, win technique.

 

[Wheels]

I went 100% G for Monday. Unfortunately, the S is lagging pretty badly again today, but assuming is doesn't fall off a cliff, this will go down as a decent week. I don't normally put any stock into what Tom calls seasonality data, however the week after quad witching combined with the overbought conditions has me running for the hills. I probably missed the G penny as it should pay out tonight, but a little bonus would be if it holds off one more day.

Now my concern is that these overbought/oversold conditions can last for weeks while the market's momentum carries it in the same direction. I've been early on my last 3 or 4 moves. I tried to be patient this time. We'll see.

 

[Wheels]

I probably missed the G penny as it should pay out tonight, but a little bonus would be if it holds off one more day.

WooHoo

 

[The_Technician]

I went 100% G for Monday. Unfortunately, the S is lagging pretty badly again today, but assuming is doesn't fall off a cliff, this will go down as a decent week. I don't normally put any stock into what Tom calls seasonality data, however the week after quad witching combined with the overbought conditions has me running for the hills. I probably missed the G penny as it should pay out tonight, but a little bonus would be if it holds off one more day.

Now my concern is that these overbought/oversold conditions can last for weeks while the market's momentum carries it in the same direction. I've been early on my last 3 or 4 moves. I tried to be patient this time. We'll see.

I'm interested in why you think the G should have payed out tonight Dave....I would love to learn if I'm missing something.......

 

[mlk_man]

Someone with a crystal ball is asking if they are missing something? Hmmmm

 

[Wheels]

I've been early on my last 3 or 4 moves. I tried to be patient this time. We'll see.

What a difference a day makes. Yesterday at noon I thought I had timed this one perfectly. 24 hours later and the S fund was up almost 2 percent. Back to the drawing board.