Whipsaw's Account Talk

[Whipsaw]

RF! I saw you in the top 10, bravo! I was there for one or two days at the end of March. Very cool...

Expecting an up day today, now to watch closely if more buyers flood in and take us up. Friday may be a day to take some profits if today is strong. Of course, that could be premature if the next target is the previous high. Hmmmmmmm....

OBTW, futures are UP!

 

[ravensfan]

Expecting an up day today, now to watch closely if more buyers flood in and take us up. Friday may be a day to take some profits if today is strong. Of course, that could be premature if the next target is the previous high. Hmmmmmmm....

Yeah been thinking to reduce exposure as well. Especially if the S&P gets near 2700. Tomorrow the unemployment numbers come out and if they hit the sweet spot it could be a good day to lock in profits. But as you say, an exit could be premature with earnings season beginning anew next week. I only have one IFT left for April so if I exit completely I'm done until May. So I am leaning to take profits and leave a little on the table for next week.

 

[Whipsaw]

We're up almost 1% in the C fund before noon, looks like its hitting some resistance at the 20 day - assuming the elephants don't start dancing again, we could shoot to the March high. I like your plan.

 

[ravensfan]

Wow March high. That's aggressive and over 100 points higher (2786.57 on 9 Mar) and nearly a 4% gain. If it happens, that would be schweeeeeeetttttttt!!!:nuts:

After the last two months, we're certainly due.

 

[Whipsaw]

Well, the Elephant dance continues with the President hitting the dance floor again for another spin. Thankfully he dropped the tariff intents after the market close allowing time to digest. Looks like we're fighting out of the low open, low jobs report doing the bad news is good news for the market likely staving off interest rate hikes. Holding position, for now...

 

[Whipsaw]

Do payday buy's go in at Thursday's close, or Friday's open?

 

[Whipsaw]

OK, discretion being the better part of valor; we may close up, or flat today, but apparently the tariff dance off isn't over yet, and hopefully things remain quiet today. Taking profits, 3% and #48 on the tracker and 15% for the past 12 mo. in TSP.

IFT 100% G COB

 

[Tsunami]

Do payday buy's go in at Thursday's close, or Friday's open?

You need to check your TSP account for that answer, look under recent transactions.
For me my payday is the 2nd Thursday of each pay period but my TSP deposit is the 2nd Monday, 3 days before payday.
No matter what day the deposit is you'll get that day's closing price. You can see both the dollars and number of shares under each "recent transaction".

I see your luck was as bad as mine on my recent exit. The morning I exited the market was up, but by the close the market had tanked. Man I hate that stupid noon eastern IFT deadline.

 

[Whipsaw]

Well, that move to the sidelines didn't go as planned. :suspicious: And now futures are up (but falling)... :notrust: Now to see if the sidelines is the place to be. What are the odds of another leg down? Charting types are saying odds are good, now that I'm on the lily pad, probably not so much. We shall see. :1244:

 

[Whipsaw]

Well, that move to the sidelines didn't go as planned. :suspicious: And now futures are up (but falling)... :notrust: Now to see if the sidelines is the place to be. What are the odds of another leg down? Charting types are saying odds are good, now that I'm on the lily pad, probably not so much. We shall see. :1244:

 

[Whipsaw]

Man, Friday's exit with a 2% skid doesn't look so bad now... I was pretty torqued at noon time today! :-/

 

[ravensfan]

 

[nnuut]

Too much crap going on to get back in!

 

[Whipsaw]

Was looking hard at a move in, could see a run to the highs from here... then the phone rang... then the clock said 11:59... then, a minute past, then another minute.. and another... past... Most AT moves are to G, maybe I was saved by the bell?

 

[Whipsaw]

And then, a minute which seemed like an hour... past.

 

[Whipsaw]

Futures are down on the geopolitical things going on. Maybe a dip buy opportunity?

 

[Whipsaw]

IFT 70% C, 30% S COB =:-o

 

[Valkyrie]

IFT 70% C, 30% S COB =:-o

Throttle Up!

 

[Whipsaw]

Throttle Up!

Futures are up!

 

[nasa1974]