Whipsaw's Account Talk

All I know is: My cost of living is higher, health ins cost are higher, taxes are higher and my wages have for all intense and purposes has been flat for roughly 5 years. We have cut expenses everywhere we can and budget discretionary spending $$ like a broke college student at the end of the semester(been there, done that too). I'll hush my rant too. As Forrest Gump said, "and that's all I got to say about that"
 
100% G COB today. Taking profits and looking for a new set up, though I think it may be up again tomorrow, maybe even next week. Rumblings of a downturn or correction this summer sometime. Greece... At any rate, taking a breather, along with many others! :D
 
# 14 on the Tracker!! :banana: :1244: :D :laugh: :cool: That has to be my all time high! OK, now that I'm on the lilly pad, let the correction begin! :nuts:
 
# 14 on the Tracker!! :banana: :1244: :D :laugh: :cool: That has to be my all time high! OK, now that I'm on the lilly pad, let the correction begin! :nuts:

Congrats.

I've worked my way back up to 70. Still 100% "S" fund so no correction at this time. :D
 
You might be moving up today after the close, as others might slide below you. Definitely next week if Monday is a down day.


Congrats. :D
 
You might be moving up today after the close, as others might slide below you. Definitely next week if Monday is a down day.


Congrats. :D

FWM, you nailed it, just like the exit call, moved up one. Thanks! Interesting article from the UK, put some cash away under the mattress. Wondering how safe the G fund is should things get that bad, folks have talked about the possibility of the feds raiding the fund in the past... The optimist in me says the G fund would be left alone. :notrust:

'It's time to hold physical cash,' says one of Britain's most senior fund managers - Telegraph
 
Wondering how safe the G fund is should things get that bad, folks have talked about the possibility of the feds raiding the fund in the past... The optimist in me says the G fund would be left alone.

You never know. You can never know. They can change the rules at any time. The only real protection, imo, is to never have all of your eggs in one basket.

I suspect prepper Greeks with (hidden?) offshore accounts would be better off right now than those who've kept all of their funds within the country.
 
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FWM, you nailed it, just like the exit call, moved up one. Thanks! Interesting article from the UK, put some cash away under the mattress. Wondering how safe the G fund is should things get that bad, folks have talked about the possibility of the feds raiding the fund in the past... The optimist in me says the G fund would be left alone. :notrust:

'It's time to hold physical cash,' says one of Britain's most senior fund managers - Telegraph

be careful what you wish for. the g fund might get left alone, but it in that scenario it would only be because it no longer has value.
 
I lost about 1.5% from jumping out a week too soon but I have to say I'll be glad when this "situation" is past us. Let's just hope China doesn't do a meltdown any time soon.

FS
 
I lost about 1.5% from jumping out a week too soon but I have to say I'll be glad when this "situation" is past us. Let's just hope China doesn't do a meltdown any time soon.

FS

Heck, let's hope we don't get a meltdown anytime soon.
 
I lost about 1.5% from jumping out a week too soon but I have to say I'll be glad when this "situation" is past us. Let's just hope China doesn't do a meltdown any time soon.

FS

I always enjoy looking at perspectives... did you 'lose' 1.5% or 'miss out on' 1.5%? Unless I already had it, I generally don't consider it a loss, missed gains yes. Kind of like reducing the increase in funding for a gov't program, funding is still going up, its not a 'cut.'
 
Departing the pattern early today, going to partake in some steamed blue crabs (gotta be specific for Burro; and no, no guinea pigs!) and frosty beverages! Have a great weekend everyone! From the Lily Pad... Whipsaw out! :cool:
 
I lost about 1.5% from jumping out a week too soon but I have to say I'll be glad when this "situation" is past us. Let's just hope China doesn't do a meltdown any time soon.

FS

The China meltdown is happening now.
The Shanghai composite plunged 7.4% today, extending its losses since its June 12 high of 5166.35 to 18.8%. China’s Shenzhen composite index, a smaller stock gauge often compared to the tech-packed Nasdaq composite in the U.S., did officially enter bear market territory today. It’s down 20.3% from its high.

China stock swoon could signal end of bull run | America's Markets
 
Departing the pattern early today, going to partake in some steamed blue crabs (gotta be specific for Burro; and no, no guinea pigs!) and frosty beverages! Have a great weekend everyone! From the Lily Pad... Whipsaw out! :cool:

Yummy!!! Did a little partaking of the tasty crustaceans yesterday at my favorite crab house. That and a bucket of Coronita's and limes. Mercy!!! Now that's what retirements supposed to be all about!!!

Enjoy and have a good time. :beerchug:
 
I "lost" (I. had missed gains) 1.5% by jumping out too early. On the other hand, I still did well missing the negative swings that occurred after I got out. June market action was the kind that just makes you uneasy. Lots of volatility. Something tells me this ride isn't over. And that is a shame because the US economy is trying real hard to make it.

FS
 
Yummy!!! Did a little partaking of the tasty crustaceans yesterday at my favorite crab house. That and a bucket of Coronita's and limes. Mercy!!! Now that's what retirements supposed to be all about!!!

Enjoy and have a good time. :beerchug:

They were good alright, put away a couple dozen!
Crabs-at-wickers.jpg
 
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