Whipsaw's Account Talk

Thanks Birtchtree, I've seen that sentiment in a few places and will probably stay long... S fund has been strong, recovering down gaps and essentially trading flat this past week. Still 100% S, was tempted to take 50% off (ala DBA) but couldn't get logged in the TSP site in time. Hopefully whatever happens in DC, any losses will recover in short order. I would image if o-care is delayed, that would be bullish for stocks. If the house blinks... then what? More of the same?
 
Thanks Birtchtree, I've seen that sentiment in a few places and will probably stay long... S fund has been strong, recovering down gaps and essentially trading flat this past week. Still 100% S, was tempted to take 50% off (ala DBA) but couldn't get logged in the TSP site in time. Hopefully whatever happens in DC, any losses will recover in short order. I would image if o-care is delayed, that would be bullish for stocks. If the house blinks... then what? More of the same?

hi..glad you didn't pullout...I did not pull out today...I jumped in ..went from 100% in g to 50 % into market (25% s plus 25% c)... Somehow the tracker did not record. That happened last time too.. Tom is fixing. All this political stuff shouldn't cause a long term drop. All last week prices were dropping so I saw it as a good buying opportunity and good use of my last IFT. Might be even better tomorrow. Week before that, I got out one day before Bernanke talked to lock in gains to that point. So I didn't experience any of the drop last week but I lost out on that huge one- day gain when mr. B talked ...wish I had bailed a day later. Yes I am trying to time market. Not easy! Still experimenting to see how I do...been doing that since May...conclusion so far is that I need to invest more of my piggy as gains would be better but I have not lost anything yet. Each transaction has been a gain. I refuse to get out until I can get out with a gain....otherwise I let it ride...best thing to do in this huge bull market!!
 
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hi..glad you didn't pullout...I did not pull out today...I jumped in ..went from 100% in g to 50 % into market (25% s plus 25% c)... Somehow the tracker did not record. That happened last time too.. Tom is fixing. All this political stuff shouldn't cause a long term drop. All last week prices were dropping so I saw it as a good buying opportunity and good use of my last IFT. Might be even better tomorrow. Week before that, I got out one day before Bernanke talked to lock in gains to that point. So I didn't experience any of the drop last week but I lost out on that huge one- day gain when mr. B talked ...wish I had bailed a day later. Yes I am trying to time market. Not easy! Still experimenting to see how I do...been doing that since May...conclusion so far is that I need to invest more of my piggy as gains would be better but I have not lost anything yet. Each transaction has been a gain. I refuse to get out until I can get out with a gain....otherwise I let it ride...best thing to do in this huge bull market!!

DBA! I'm very glad I didn't take any off the table at this point. FWM posted Cramer saying 'It's time to take money off the table.' Holy counter-intuitive Batman! But what does this say? The shutdown is baked in? QE(infinity) is pushing beyond negatives? Will this continue? In this environment I'm taking BT's 'sitting still to run fast' to heart, but still trying to manage/time trades better. I said in a previous post that I can be my own contrarian indicator, trying to use that to my advantage :cool: Mostly though, I read the sage advice of the folks on this forum to inform choices. Thank you for your thoughts and the time put into them. We need to do well here beat inflation/devaluation! :)
 
Futures are down this morning... lets hope the S fund keeps its recent resiliency and climbs out :) Will have to keep an eye on the shutdown/credit default/debt cieling mess. :notrust:


... and now for something compeltely different... :nuts:


Finding myself unequivocally in the 'non-essential' column, I now have some time to address some of the back burnered projects on the homestead. :D
- Rehabbing the Troy-Bilt mower that stopped running many moons ago [ replaced fuel lines, cleaned the gook out of the fuel system, flushed the sludge out of the crank case, put in a new coil(sparking again!), installed new drive belt (bought just before it quit). Next, painting the cover and part of the pan... ]
- Oil, filter change & chassis lube for the Jeep
- Install exhaust cross-over pipe on the 450SL, paint the air cleaner, clean and grease the front wheel bearings
- Paint the patio overhead
- regrout the shower (maybe...)

Will check back in around 1130... ;)
 
Dip buyers helping the climb up, positive by the close I hope. Jeep lube job complete! :cheesy: Starting the paint work... Have a good day everyone!
 
Guess you can't call them Honeydews? :D I'm refinishing our kitchen Cabinets, now that's a HD!:toung:
 
Guess you can't call them Honeydews? :D I'm refinishing our kitchen Cabinets, now that's a HD!:toung:

Those are all mine... Paint work is done, BTW. Now I really have to think about our kitchen cabinets! I forgot about them! :blink:
 
Probably not the best move, certainly reactionary, I bailed to G. I expect the 'pubs to hold out through next week with continued bleeding (this I'm convinced is a result of yesterdays HW meeting w/WS heavies), through to the debt ceiling fight... ugh. :suspicious:

MB on ramps, extracation of old pipe follows attic squirrel nest removal... :-|
 
Here I go again... living up to my chosen monicker, now looking for a lower low (that makes me bearish; which means the market will continue up). :embarrest:
 
A few more days like this as we approach the debt limit date and I may get to buy in lower yet... :notrust:
 
Now well below my sell price... I'm thinking the bleeding will continue until a deal is brokered. Will have to watch the news pretty closely. Unless able to anticpate when they will work this out, you know it will happend after noon.
 
Blindsided by the 'meetings'; gooned the play, dropped track on forum/news w/Reserve duty... waiting on Thursday... still on the lillypad :-/
 
Looking at Tom's SP500 chart, approaching the top of the channel, gap below... expecting a decline for a better entry point; assuming I don't miss it again... :-/
 
Job creation is down, yet so is reported joblessness... futures climing on this data. :sick: On the lillypad, looking for some weakness, wan't to be fully invested for 1 Nov.
 
Some weakness today, I don't expect this to last long; likely some sideways movement during the historically down week. Will probably jump in tomorrow... -.- ... maybe Friday?
 
Job creation is down, yet so is reported joblessness... futures climing on this data. :sick: On the lillypad, looking for some weakness, wan't to be fully invested for 1 Nov.
Might be a good day to jump in. Although it may go back up tomorrow
looks like a lot of people jumped back to safety with their second IFT... I'd rather take a bit of a loss to be fully in on the 1st.I'm staying fully invested!

side note... Bought some gold and silver a little over a week ago. Profit already from both (at least prior to today...). Lucked out and got a 5 ounces of silver below spot price and mark-up at a dealer (all because they were not carded and in plastic). That deal alone is already put me up $7 an ounce from what is available online. Love it!
 
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