Wiff007's Account Talk

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nnuut said:
Yep I've been there more than once, the 911 crash killed me, back then we only could move one time a month and I got out at the bottom and had to wait a Month to get back in, I lost over $10,000 dollars. A learning experience, if you are down that much just hold it will come back slowly and sometimes rather quickly.
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Oh gosh that is a lot I'm sure that hurt. I didn't lose that much thankfully.

Let's hope we rebound Monday.
 
Well another fun day ahead :) .

"Hello G Fund, nice to see you it's been a long timeeeee, your just as lovely" lol.

Time to kick my wounds, going G today. Pretty sure even if we rebound I doubt we recoup all of it back in three days.

What's funny is the market will more than likely go up tomorrow and I will miss out on the gains :) :) :)

Still how much lower could this go?
 
Wiff007 said:
Well another fun day ahead :) .

"Hello G Fund, nice to see you it's been a long timeeeee, your just as lovely" lol.

Time to kick my wounds, going G today. Pretty sure even if we rebound I doubt we recoup all of it back in three days.

What's funny is the market will more than likely go up tomorrow and I will miss out on the gains :) :) :)

Still how much lower could this go?
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Good question, if you figure it out first let us all know. We could easily see another 10% IMHO.
 
Darn it. Didn't get that IFT in. Didn't go to G fund just stayed the same. Like how the market has fought back and hoping tomorrow is the bounce back day. Soon as we get that good day though then I will sell high lol. Was hoping to IFT to put more to capitalize tomorrow (if the market) goes up. Hopefully the other markets go up after seeing the fight we made today come back from being down 1,000 points.
 
Wiff007 said:
Darn it. Didn't get that IFT in. Didn't go to G fund just stayed the same. Like how the market has fought back and hoping tomorrow is the bounce back day. Soon as we get that good day though then I will sell high lol. Was hoping to IFT to put more to capitalize tomorrow (if the market) goes up. Hopefully the other markets go up after seeing the fight we made today come back from being down 1,000 points.
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Hang in there Wiff. I'm thinking that's a good omen that you weren't able to get that IFT in today. With this comeback, I'm betting we end the day flatish and then resume the uptrend beginning tomorrow. Something tells me this mornings low was the bottom. Get ready for the slow crawl back. We probably won't get back to where we were before all this started, but at least you didn't sell low...Remember, faith is believing in things unseen.
 
So say we end flat and go up tomorrow very high with a rebound. How many days does this rally go? Can we get at least two or three days? Or others thinking a one and then done back down.
 
I can't see a 2 or 3 day rally from here. We are way below the 200 DMA and that won't be breached on the 1st try. People are spooked which means they will sell into whatever rally they see. That doesn't speak well for us and our noon deadline.

All I can say is being below the 200 DMA, treat this with your bear market rules. As for me, I am fully invested so I will hold steady for now since I've already incurred the loss. Be aware that I have a tendency to buy all the corrections and miss most of the recovery.
 
Wiff007 said:
So say we end flat and go up tomorrow very high with a rebound. How many days does this rally go? Can we get at least two or three days? Or others thinking a one and then done back down.
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.
If you go back and look at a chart of the S&P500, we have been in a trend the last few months of setting lower highs. With that said, I'm thinking that trend will continue until it doesn't. And with that said, my gut tells me that we will recover most of the losses of the past few days, but not all of the losses. We may have already seen the high for 2015. I tend to agree with FireWeatherMet in that we should recoup as much of the loss as possible and then move to the F Fund until this thing is finished. Check out his recent posts for more info.
 
Well let's hope we don't go down anymore today, see the market going back down again. Such a weird day and weird last week. I was expecting this in Sept with the rate changes. I hope tomorrow is a better day, this is what day 6 of being in the red?
 
Possibly margin calls going on now. People got to cover them. Not a smiley face day if that is true.

Wiff007 said:
Well let's hope we don't go down anymore today, see the market going back down again. Such a weird day and weird last week. I was expecting this in Sept with the rate changes. I hope tomorrow is a better day, this is what day 6 of being in the red?
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Wiff007 said:
Well let's hope we rebound tomorrow and hope over night we don't have more yucky news.
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A rebound tomorrow would be nice. Over the past 5 business days, the S&P is down 10.33% or 209.23 points. 10% is considered correction territory, which we are now in. Another 10% puts us in a bear market. One or two more days of this and we will be there. I think it's time to give serious consideration to stopping the bleeding. At least I'll be able to sleep at night...:o
 
Looks like a good day so far, futures pointing up almost 600 points in pre market data. So questions for the day is this a one day rally and we go back down tomorrow or is this a day or two extended. Decision time today to go G or stay in. Hope to get that in by 11:00ish to note risk getting locked out today. Wish I got in yesterday darn it, be nice to get more of the gains today.
 
Wiff007 said:
Looks like a good day so far, futures pointing up almost 600 points in pre market data. So questions for the day is this a one day rally and we go back down tomorrow or is this a day or two extended. Decision time today to go G or stay in. Hope to get that in by 11:00ish to note risk getting locked out today. Wish I got in yesterday darn it, be nice to get more of the gains today.
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I took what relief I could get today and bailed to the G Fund. Thought hard about moving to F, but with F Fund bouncing along upper bollenger band, I'm not sure if that is a safe play. Perhaps a good move for September. So we're going to sit on the lilly pad for awhile and wait this thing out.
 
Well was gonna go in today, but hit the wrong button and has to redo the request, by then it was after noon so I missed the cut off. So staying as is again. Lot of people seem to think this is a day or two rally at most. Hopefully tomorrow we rally again. Hopefully the full effect of the lowering the rates in China will show tonight and the markets can rally again tomorrow. I don't know what time it was over there when they did that lowering.
 
Concerned about this afternoon, market seems to be failing back some giving back those gains. Still hoping this rally goes into tomorrow. Think if we have another good overnight tonight we could have another good day tomorrow and maybe even better.
 
That is the selling the rally I was referring to. Expect more of that on up days. These are turbulent times.
 
Too funny Dow back over 300 points now, like its trying to rally. Would be good to push back up during this last hour.

Rally to the close!
 
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