Whipsaw's Account Talk

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Interesting though, considered that on Monday, last chance for Yellen's yellin. Is it possible the interest rate hikes could be priced in at this point with the recent pullback? Gotta love the post noon swoon! :cheesy:
 
I guess it took a minute or two to sink in. :notrust: Today was shaping up as a good day too! ;swear
 
Well it looks like we got the :smashfreakB:kicked out of us again...:(

No wait...think positive...buying opportunity...patience laddie, patience.
 
ravensfan said:
Well it looks like we got the :smashfreakB:kicked out of us again...:(

No wait...think positive...buying opportunity...patience laddie, patience.
Click to expand...

Hey! That's right! Its payday week, I'll get to buy low again! RF, you're the best! :blink:
 
Futures are up! Maybe we'll have a good day today. The Technical Analysis video is indicating that we may see new highs in the next weeks/months, and then a 20% drop =:-o So... keep that in mind. Same guy put a sell on a couple days before the last big drop, as did D7 the Grok Trade guy.
 
Whipsaw said:
Futures are up! Maybe we'll have a good day today. The Technical Analysis video is indicating that we may see new highs in the next weeks/months, and then a 20% drop =:-o So... keep that in mind. Same guy put a sell on a couple days before the last big drop, as did D7 the Grok Trade guy.
Click to expand...

Still in my sticky pants. Yesterday started out good and took us for a ride late in the afternoon. Don't expect to have a positive finish for the month but hope I can have a positive finish YTD at the end of February.
 
Whipsaw said:
Hey! That's right! Its payday week, I'll get to buy low again! RF, you're the best! :blink:
Click to expand...

Yeah that's one thing I miss, no more bi-weekly contributions. As a retiree, all I get to do is move money from fund to fund in hopes of catching an upswing to increase my bottom line. After this last pullback I'm beginning to think I need to take a more conservative approach to investing as the time to begin drawing down my account draws near.:thinking:
 
Same boat as you my friend....I really need to get about 6% and sadly that means putting some money at risk. I made 30K since and over christmas investing about half of my nest egg then lost it all...LOL easy come easy go I guess. I dont plan to start pulling money for about 3 more years but I'm still pretty risk averse. I suppose having no growth for the last 8 years made the market stable and profitable. Now it's still profitable but back to normal volatility..or at least once we get past this correction convincingly.

ravensfan said:
Yeah that's one thing I miss, no more bi-weekly contributions. As a retiree, all I get to do is move money from fund to fund in hopes of catching an upswing to increase my bottom line. After this last pullback I'm beginning to think I need to take a more conservative approach to investing as the time to begin drawing down my account draws near.:thinking:
Click to expand...
 
I'm becoming more intent at taking in the market analysis videos, we could have side stepped the drop as two were recommending exits. Will certainly keep an eye open for the a subsequent high as there could be that 20% drop lurking out there. The Covaccio Capital videos are good from pig picture perspective and indicate the potential for a significant, long term, bull market following 17 years of consolidation and trading in a 'box.'
 
I hear you WS. I recently began watching the Grok Trading Videos. I find them to be both informative and easy to understand. Anything we can add to our toolbox that helps us to reach our retirement goals is a plus.

Thanks nnuut for posting these.:D
 
Yep, that grok trade D7 guy was flipping about what he though was likely going to be a nightmare drop after a couple of false rallies up. The other guy on there put a buy on the s&P at the head of the last rally and like an idiot I put some money back in and subsequently lost another 1000 bucks. At this point I'm out of trades for Feb and I'm glad. I'm waiting for the other shoe to drop. I think everyone is so bullish they keep wishing the market up higher and higher and I think we owe the market back money...(this all based on nothing but emotion, fear and living through the last few bubbles).
 
If we don't do this afternoon swoon again, we may get above the 50 day with a little distance, and the 61.8 fib retracement for that matter, which are pretty much collocated.
 
We're finally away from the 50 day and the 61.8 fib, at least on the S&P, I may reallocate to the C fund (ala James...); next target should be the previous high, then run for the exits. On travel in Oahu this week, get the early look if I don't oversleep (meaning get up at 4 am!!).
 
Whipsaw said:
We're finally away from the 50 day and the 61.8 fib, at least on the S&P, I may reallocate to the C fund (ala James...); next target should be the previous high, then run for the exits. On travel in Oahu this week, get the early look if I don't oversleep (meaning get up at 4 am!!).
Click to expand...

Hope you can enjoy the area.
 
Okay Whipsaw, you are finally ahead of me on the Autotracker. Congratulations!!! Now let's see if you can hold it!:banana:

Aloha!
 
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