Whipsaw's Account Talk

[ravensfan]

Ditto!!! :suspect:

 

[Cactus]

I would really appreciate it if the S-fund would get in line with the other funds. :notrust:

It would like to but the gods have dictated that whatever fund Cactus is invested in SHALL underperform. Sorry about that folks; it's part of the Sisyphus curse. :embarrest:

 

[Whipsaw]

Ok, so I updated my signature (I was several weeks out of date), my diversified allocation is helping somewhat; Cactus, try the I or F funds, I rarely go there...

 

[Whipsaw]

If all goes well, looking for the S-fund to move to the top of the channel, then I'll step aside for the seasonal weakness coming up, and re-enter at a lower level. The best laid plans of mice and men!

 

[Whipsaw]

OK, now what??

 

[weatherweenie]

[h=1]Dow falls 100 points after release of Trump Jr. emails[/h]

 

[FireWeatherMet]

Dow falls 100 points after release of Trump Jr. emails

And we were worried about Clinton's e-mails (lol)

 

[Whipsaw]

Another nothing-burger... Rally to the close!

 

[Whipsaw]

Futures are UUUUUP!!!

 

[Cactus]

Looks like a news driven response to Janet's Yellen.

 

[Whipsaw]

BOOOM!!! :arms: :biggthumpup: arty:

Ok, now does this thing have legs?

 

[Khotso]

Summer half over, thank goodness. I'm a cold weather type... Futures are UP! NASDAQ was down, but just spiked for some reason... Broke into high 700s on the AT!

Haha. "Summer half over"! Reminds me of my father in law -- he used to say "July 4th! Summer's almost over!" And he was serious! Used to drive me crazy. God bless him.

 

[Valkyrie]

And we were worried about Clinton's e-mails (lol)

and this was/is never worried about Democrats spread false Russian information on Trump, campaign aides - Washington Times

 

[ravensfan]

BOOOM!!! :arms: :biggthumpup: arty:

Ok, now does this thing have legs?

Well if you went with the trend on autotracker, more than half of the folks moved to the G fund today and that tells me there is not much confidence among the rank and file. But there is a lot of optimism the health care bill and tax reform gets done soon, especially with the Senate's announcement that they would delay their August recess until the middle of the month. If either of those get done, cha ching...

 

[Whipsaw]

I saw that, was tempted... seasonality supports strong through Tuesday, if we're up from here to Friday I'm thinking I'll take profits on Friday. Some of today's pop may be due to the CNX of the August recess. So, yes, if our illustrious representatives can get their collective $#!+ together... :nuts:

 

[ravensfan]

Yeah I've got an exit decision to make as well. I will be out of pocket from the 14th through the 23rd of July. Taking a trip to the Blue Ridge Parkway in NC with my HOG Chapter, and yes I'll be riding the entire trip...no trailer queen here.

I don't like being invested while I'm away and not able to track of the markets or process an IFT if needed. So I'll either exit in the morning or wait until after the noon cut off to make the IFT effective COB Friday.

Funny thing though, as of yesterday I was exactly in the same spot I was in when I entered this trade. 0% gain/loss since I entered on 29 June...Go figure:thinking:

 

[Whipsaw]

Those dates coincide with the weakness on the seasonality chart, good to go. Sounds like a fun ride, did P'cola to Talladega speedway on a Sportster for the HD rally in '88, that was a great time.

 

[ravensfan]

Those dates coincide with the weakness on the seasonality chart, good to go. Sounds like a fun ride, did P'cola to Talladega speedway on a Sportster for the HD rally in '88, that was a great time.

So the question has to be, do you still ride, and if not, why not?

 

[Whipsaw]

Going long and riding through the weakness may be a consideration, with Janet's latest words the seasonal weakness may be muted. Briefing.com says the market has just shifted into 'Drive.' https://www.briefing.com/investor/our-view/page-one/shifting-into-drive.htm

Oh, wait, you mean RIDE... not anymore, I sold the Sportster in 1990 as I was about to get hitched, I almost got killed 3 times trying to ride in Virginia Beach, seemed like a good idea at the time. Of course, the Harley-Davidson craze hit the next week; in hindsight it was a stupid move. A city dweller now, so not likely in the future, but if so I'd get an Indian. A '93 Bronco, 351W, is my current distraction.

 

[ravensfan]

I can certainly relate. You've got to have your head on a swivel with all the distractions these days. But your story is very similar to mine. I sold my Honda back in 76 to get hitched. Then it wasn't until 2005 before I bought another bike, an Electra glide Classic that I proudly call "Big Red" after Peg Bundy from Married with Children. :nuts:

As for the markets, as much as it pains me, I will exit to the G fund today. No sense in getting greedy, but I still have an IFT left to re-enter when I get back from my trip. Hold the fort down and don't let anything crazy happen while I am gone...