Whipsaw's Account Talk

I hate it when this happens... miss the obvious move listening to the 'consensus' of divergence, pull back, post holiday reversal, yadda yadda yadda. Here I am yet again on the wrong side and not wanting to buy high again... So I wait. Do I get into equities on Friday? That was the plan a week ago, of course at that point the move south will hit in earnest. :notrust:
 
I hate it when this happens... miss the obvious move listening to the 'consensus' of divergence, pull back, post holiday reversal, yadda yadda yadda. Here I am yet again on the wrong side and not wanting to buy high again... So I wait. Do I get into equities on Friday? That was the plan a week ago, of course at that point the move south will hit in earnest. :notrust:

Tough call, I can relate to your pain. Going in now is risky, but going in now is better than going in early next month because at least you can punch back in later in the month if you go in now. If you haven't, you may want to read my thread (the last one with a chart posted)
 
I hate it when this happens... miss the obvious move listening to the 'consensus' of divergence, pull back, post holiday reversal, yadda yadda yadda. Here I am yet again on the wrong side and not wanting to buy high again... So I wait. Do I get into equities on Friday? That was the plan a week ago, of course at that point the move south will hit in earnest. :notrust:

So...you're asking for another consensus?:)



emphasis added
 
I hate it when this happens... miss the obvious move listening to the 'consensus' of divergence, pull back, post holiday reversal, yadda yadda yadda. Here I am yet again on the wrong side and not wanting to buy high again... So I wait. Do I get into equities on Friday? That was the plan a week ago, of course at that point the move south will hit in earnest. :notrust:

S&P (C Fund) and EFA (I Fund) hit new highs for 2014 today. Sit tight and bide your time. Remember the market is cyclical. It will come back around and you can jump on the train bound for glory...woohoo
 
I hear ya, Whipsaw. But we are both in the F Fund which is overbought right now. That adds another dimension to the end-of-month IFT question. Do you jump into equities, even for a day or two, hoping to catch the tail of the rally? Do you stay put in F waiting for a better entry in June? Do you jump to G while waiting for a better entry because you expect F to tank as well?

I'm leaning towards the 1st option (equities) myself, but check out my standing at the bottom of the AT before considering that. :sick:
 
I hear ya, Whipsaw. But we are both in the F Fund which is overbought right now. That adds another dimension to the end-of-month IFT question. Do you jump into equities, even for a day or two, hoping to catch the tail of the rally? Do you stay put in F waiting for a better entry in June? Do you jump to G while waiting for a better entry because you expect F to tank as well?

I'm leaning towards the 1st option (equities) myself, but check out my standing at the bottom of the AT before considering that. :sick:

Option 1 is looking like the way to go, based on JTH's comments (rational trader considerations aside), and the fact the Nnuut is increasing his position! :D
 
Good advise, my take is to not let your F-fund allocation force another IFT, it's not worth the risk, meaning the F-Fund is not that risky
 
Good advise, my take is to not let your F-fund allocation force another IFT, it's not worth the risk, meaning the F-Fund is not that risky

Staying in F has almost the same result of jumping into equities and having to jump right out again, still only one move left to get back in. I agree there isn't much risk in F, it doesn't moved to any large degree.

JTH, are you saying to hold fast in F?
 
Staying in F has almost the same result of jumping into equities and having to jump right out again, still only one move left to get back in. I agree there isn't much risk in F, it doesn't moved to any large degree.

JTH, are you saying to hold fast in F?

Nope, just that while holding F, I personally wouldn't let it effect my decision to enter stocks. The decision to enter stocks should be based mostly on stocks, not on the F-fund
 
Nope, just that while holding F, I personally wouldn't let it effect my decision to enter stocks. The decision to enter stocks should be based mostly on stocks, not on the F-fund

That's good, I came close to the wire, had to find my new password, figured I'd have to jump out on Mon-Tue and decided just to let it ride :rolleyes:

Have a great weekend everyone! :cool:
 
Too quiet around here today. The F-Train isn't cutting it... need to re-think this whole thing. Maybe a 50% play? Hmmmm....
 
I'm back... Spent a week with my Dad after his hip replacement, getting out of rehab after 5 weeks and back into his house. Challenging times at best.

Looking to get back into the swing of the market, I see it has continued to climb after all the talk of a correction (media manipulation? Can't trust anyone, corruption is rampant!). Hopefully a short term top, some weakness and an entry late in the week. Goodness, from the high thirties to the high 400s on the tracker :blink:
 
The market continues to head south, at least until the deadline to keep us off balance. It appears I'm back in JTH alignment, for a good week now ;) Much on yahoo finance re. market tops, corrections, pullbacks, levels of bullishness that preceeded major corrections, overvaluation in the market, yadda yadda yadda... Majority of the folks at the top of the tracker are in the G fund. Missed the last run up, don't want to miss the next one... :~/
 
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