Whipsaw's Account Talk

[nasa1974]

I was thinking only a short stay in the market. The transportation market (in the dumps since second half of 2021) appears to be setting the tone for the latter half of 2022 and first half of 2023. It is probably saying a consumer pullback will happen across the board including housing, auto sales, consumer products, and discretionary spending like RV and travel vacations. Consumers likely to be more picky on supermarket goods as well (I have already started). In any case…if we don’t get a handle on inflation or get some resolution on the Russua/Ukraine conflict…likely will see deeper negative returns this year. Which is why I went Carpe Diem yesterday. Get in and out like a bandit until we get some resolution on these global problems. I still have the silver TSPTalk coin as a reminder this year…”Friends don’t let friends Buy and Hold”. 藍藍 That phrase has been dormant for years but I expect it to be in vogue the remainder of this year and possibly early into next year.

I am so far down the rabbit hole I have to try and stay the course. Right now I need 15% just to get back to January 1st. I just have to be careful because I can't go from rabbit hole to black hole.:banghead:

 

[mmk119]

I took a big hit too jumping in when I shouldn't have and not getting out when I should have. I've since made up most of that loss - still in the hole, but not so bad. I'm going to look forward to a gaining strategy instead of chasing to make up that loss. I tried that before in '08 and took an even bigger beating.

 

[Whipsaw]

Dang, didn't see further downward movement today; Dennis Gartman was on the local am station this morning, he said we're in a bear market and wouldn't put any additional monies into equites; to look for high dividend stocks; he who loses the least wins... FWIW.

 

[Whipsaw]

Wishing everyone a blessed Good Friday and a Happy Easter! :grouphug:

 

[Whipsaw]

The C fund chart was looking like an entry point, but with the decidedly south turn just now, that idea is out the window for the time being. - from the lily pad... WS

 

[Whipsaw]

Of course, the downturn reversed post noon... yesterday was the day to get in apparently... no entry today due to work related focuses! :notrust:

 

[rangerray]

I just basically said the same thing. No trust. We’re in a huge lake right now and it’s white capping. In the the distance though, while at the top of a crest, we see the potential that might be rewarded with patience.

Happy 4/20 a day early.


Scott Harrison
Senatobia, MS

 

[Whipsaw]

Today's action, and likely tomorrow's, will take me down a few slots on the AT. :suspicious: I'm so glad TSP will have 'A fresh look and feel. Convenience. Easy navigation' rather than greater control over asset allocation./SARC/

 

[Whipsaw]

35 S, 35 C, 30 G COB

 

[Whipsaw]

Hopefully a good couple of days... :notrust:

 

[Whipsaw]

RSI is still rising, as is the MACD divergence heading to positive, don't like the topping tail at the moment, but its early and seeing a small bounce.

S&P 500 Index, SPX Advanced Chart - (S&P US) SPX, S&P 500 Index Stock Price - BigCharts.com (marketwatch.com)

 

[Whipsaw]

;damnit:twak::yuck::blackeye::17::grumble::rant::rippedhand:

 

[Boghie]

Unhappy Times: When the G-Fund is the leading fund...

No Bueno

 

[Whipsaw]

Sell in May came early! Didn't get to bail today either... hope (not a strategy) for next week... Then I'll lock my funds in the G fund till, well, who knows. :dunno:

 

[Whipsaw]

"And you may say to yourself 'My GOD! What have I DONE?' " at:

 

[rangerray]

The big rebound could be right around the corner. That gap being filled today makes the S Fund look a little better to me, but Powell, inflation, Ukraine, etc.


Scott Harrison
Senatobia, MS

 

[DreamboatAnnie]

"And you may say to yourself 'My GOD! What have I DONE?' " at:

Just love that song Whipsaw! .... And you may find yourself living in a shot gun shack.... Same as it ever was....:smile:

Hold tight wait till the party's over
Hold tight We're in for nasty weather
There has got to be a way
Hummm... Name that song....lol

 

[DreamboatAnnie]

Okay ...lol....times up! Plus...it's time for me to hear it again! :cheesy: Cheers me up...jump up and dance!

 

[Whipsaw]

Sorry, DBA, I was distracted! I'm considering a stop-loss exit, though it looks as though support is near. Need that DCB or better to get out, or just get out. $%&*#@$%#!

 

[DreamboatAnnie]

I thought the same...thought support was near and waiting for the next dead cat bounce, but it's not bouncing for a few days. Just keep getting these one-day bounces (if you can even call them that) since the drop leading in is so severe. They are more like a little tidbit of hope, spoon feeding you to keep you in while you get fully cooked! :blink:

Of course now that I exited, it will go up with a real dead cat bounce. okay...time to forget this and listen to some music....yyyeeessssss !