Whipsaw's Account Talk

[Whipsaw]

Moving the rest of my dry powder into the mix, mostly into the S fund. I can relate with DBA, some worry over rocket man and weak republicans, but I think the tax plan will go through and we'll be rising up off this consolidation. Looks like a hammer formation on the S fund, which is bullish. Looking at the S fund weekly, the index was out of the top of the BB, the sideways action has moved it back in, which is good.

50% S, 30% C, 20% I COB!

OBTW - Personal Investment Performance (PIP) for the past 12 months ending 09/30/2017 is 11.39% :biggthumpup:[TABLE="class: tspStandardCivilian"]
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[ravensfan]

Glad to see you get back in the game WS. Unfortunately I am out of IFT's until next month, but I feel good about my current investment of 40% G fund, 25% C fund and 35% S fund. Now let's make some cha ching...:dance:

 

[Whipsaw]

Looking at the S-Fund daily, bollinger bands are contracting, a couple spinning tops, potential hammer formation today if we climb out of the low open. Hoping this manafort thing keeps its nose out of the market and tax reform. We could break either way at this point. Sticky pants at the ready.

 

[Whipsaw]

Futures are UP! :dance:
:theyareontome: :684: :bigeyes2:
:aargh4: :sgrin:
:scared1: :shock: Boo! Happy Halloween!

 

[DreamboatAnnie]

Happy Halloween Whipsaw!!!! Hoping the market gives us a little treat!!!!


Best wishes to you and everyone!!!!!!! :smile:

 

[Whipsaw]

Thanks DBA! Check me out, I'm Austin Powers, Man of Mystery! Groovy, baby, yeahhhh! Oh behave!

 

[Whipsaw]

Futures are UP! Looking to stay invested through Dec, though tempted to catch a swing off this 'megaphone' thing; although in the words of Birchtree, its riskier to be out of this market than in. Will re-balance if rates go up, or the C fund continues to lag. Hopefully the tax plan roll out will be a positive.

 

[Whipsaw]

Nice open!

 

[Whipsaw]

Nice open!

OK, what happened?

 

[DreamboatAnnie]

Varney reporting tax bill to create a 4th individual tax rate of 39.6%. That plus something about House Ways and Means committee having early morning report tomorrow. Also meeting with Trump tomorrow. However, noticed that the price started dropping quickly after it was reported that tax plan details are being delayed until tomorrow. Not sure why this is.... maybe something bad????

 

[tsptalk]

Now that the political forum has been closed, our political members are taking over whipsaw's thread at the first sign of blood in the water. I can't let this become the new political thread, particularly without Whipsaw present. I'll wait to hear from him.

Anymore political posts here before we hear from Whipsaw, will get you a few days off from the forum. Thanks.

For now... PoliticalForum.com - Forum for US and Intl Politics

 

[Cactus]

Looks more like it has moved into FireWeatherMet's thread.

Sorry that you had to close the political thread, Tom. Being a non-participant I was happy it was locked away there.

 

[Whipsaw]

:hijacked: Arrrgghhhh!... the sharks be circling I see! :swordfightartisan political swordplay and fisticuffs are discouraged on these decks or ye shall be thrown to the sharks! Hoist some grog and friends we shall be. :alcoholic: Should one of our crew spot a governing body policy action or statement that could or will bring heavy seas to the market, sing out in a loud voice :aargh4: so our crew may batten down the hatches, secure for rolls and prepare the ship to ride the tempest! Arrrgghhhh!

 

[Whipsaw]

Futures are UP! I was looking at my TSP Talk tracker spreadsheet and noticed no periods with negative returns since Feb! Incremental gains to 9.75% per the spreadsheet (not sure where the discrepancy with the AT lies).

For those tracking jobs: https://www.cnbc.com/2017/11/02/big...ed-after-hurricanes-hit-september-hiring.html

Happy Friday everyone! We made it! :beerchug:

 

[Whipsaw]

The US Dollar has been improving since September ( https://www.bloomberg.com/quote/DXY:CUR ), is it time to move out of the I fund?

3 Factors That Drive The U.S. Dollar

 

[ravensfan]

Futures are UP! I was looking at my TSP Talk tracker spreadsheet and noticed no periods with negative returns since Feb! Incremental gains to 9.75% per the spreadsheet (not sure where the discrepancy with the AT lies).

For those tracking jobs: https://www.cnbc.com/2017/11/02/big...ed-after-hurricanes-hit-september-hiring.html

Happy Friday everyone! We made it! :beerchug:

That's awesome WS, no negative returns...woohoo!!! Of course that prompted me take a look a my own tracker spreadsheet and with the 22 trades I have made this year, 4 have been negative.; a trade in March -0.10%, April - 0.88%, August -0.38% and September -0.06%. That has always been one of my goals, to minimize the number of negative trades. So congrats to you and I will take an ata boy out of petty cash as it seems both our strategies are working. Also, you mention leaving the I fund. Just wondering where you were thinking of putting it. I still have 40% in the G fund and 2 IFT's for November in my bag of tricks.

Have a great weekend!!!

 

[Whipsaw]

Thanks! If my suspicions are correct and the dollar continues to strengthen and the I fund does otherwise, I may go with a 50/50 split C and S... we shall see...

 

[evilanne]

The US Dollar has been improving since September ( https://www.bloomberg.com/quote/DXY:CUR ), is it time to move out of the I fund?

3 Factors That Drive The U.S. Dollar

I'm keeping my 18% in the I Fund as I think with EU QE there is more upside still. It seems like the dollar trend is pretty much sideways (2015 to present) vs basket of different currencies per https://fred.stlouisfed.org/series/DTWEXM

 

[Whipsaw]

Ouch! That's gonna leave a mark... :grumble:

 

[Cactus]

Tell me about it. Any idea why the S Fund is tanking so hard today? I mean besides me getting in last week.