Wiff007's Account Talk

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Saw on CNBC Jim Cramer said it would be bad to raise rates now and that we probably will hear another word for patience tomorrow, still thinking of buying in.
 
Deciding to stay with what I have 70-G and 15-s and 15-i . Hope I don't miss big gains tomorrow, to nervous to risk to much right now. Might jump in tomorrow if the market has a good day then maybe I can catch some hold over gains on Thursday.
 
Evening all. Hope tomorrow we see some gains, was interesting to see the market rebound. Maybe I sure hold off throwing in the towel 15 min into a trading day lol. I'm feeling 50-G, 20-S, 20-I, and 10-C maybe tomorrow and ride that for a week with out touching it too see what the market does.

Id love to see one day maybe putting 100-S fund, I'd love to know what it feels like to see like 1,2k made on one day. I bet that is an awesome feeling.
 
Wiff007 said:
Evening all. Hope tomorrow we see some gains, was interesting to see the market rebound. Maybe I sure hold off throwing in the towel 15 min into a trading day lol. I'm feeling 50-G, 20-S, 20-I, and 10-C maybe tomorrow and ride that for a week with out touching it too see what the market does.

Id love to see one day maybe putting 100-S fund, I'd love to know what it feels like to see like 1,2k made on one day. I bet that is an awesome feeling.
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You will get there, and then some. But as good as making 3 or even 6 or more thou a day, my best feeling days are when the markets are down, others are losing that much and I'm in the g:embarrest: I'm not trying to be mean...for me it is like the perfect snow day where all i have to do is relax, watch it happen, and drink my coffee:cool:
 
Question?

i know an IFT needs to be done by noon to go in effect the next day. If I do the iFT and after 2pm if they say rates will change and the market goes flat can I cancel that IFT? Or do cancelation IFT have to be done by noon too?
 
Wiff007 said:
Okay they drop patient and stocks rise, I though dropping it was what scared people? I'm confused now lol
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Sometimes, the expected (by smart money) news is priced in 'long' ago. Uncertainty (whatever the likelihood) as to whether the expectation is misguided or simply wrong, is also priced in. So, If the predicted event (in this case, no hike and a new stance being: no more patience) 'comes true.' The uncertainty factor can be 'removed' from price: hence, the surge.

(There is another side to this coin whereby market makers push prices in contrary directions in anticipation of a strong market move--to help soften the blow to their positions.)

(The above is just my lazy opinion. Been awhile since I was an active level 2 day trader.)
 
Yellen is talking now. She can change everything in an instant. You can't trade this stuff because it's too hard to predict and it's quick and irrational.

I bailed to the G because I think we're at a good level and I think there is a bigger chance that the next few weeks may trend downward.
 
Glad stocks did well, hope tomorrow morning I can tell in morning how stocks might. Hope we can ride a day or two in the green, habe one IFT left and might do 50-G then 30-S 20-I or split some c in there.
 
Well got my 2nd IFT in for the month. Not as big spending as most of you. G-55, C-20, S-15, and I-10. Let's finish the day strong and get em tomorrow whoo hoo.

Glad I have a week and a few days to sit down and see what happens with this new IFT. Question is s really the one to throw all into? I know they say its best to mix, but that fund makes almost 40 a share. Wouldn't I make more there?

got mine in at 11:59 states pending inter fund so guess o got it lol

happy stock Thursday wishes lol
 
Happy Friday Everyone:


Hoping we get that bounce back today, question for you all. If I have had my IFT done for month and I want to move the out of I fund am I allowed to move that all to G fund? Or does everything have to go to G fund for IFT to occur? Also can I lower the amount in the I fund a few percentages and take say 5% into the g but leave the rest? Or again is it move it all or nothing?

hoping we get an I bounce back today.
 
After your 2nd IFT for the month you do not have to move everything to the G fund on your 3rd IFT. The subsequent IFTs must merely increase the percentage in the G Fund. The idea is to never lock you out of the safety of the G Fund no matter what your allocation is or how many IFTs you make. :)

Actually, there is a loophole called >1% (or was it <1%) that lets your round up the percentage in any fund but that's another story.
 
Cactus said:
After your 2nd IFT for the month you do not have to move everything to the G fund on your 3rd IFT. The subsequent IFTs must merely increase the percentage in the G Fund. The idea is to never lock you out of the safety of the G Fund no matter what your allocation is or how many IFTs you make. :)

Actually, there is a loophole called >1% (or was it <1%) that lets your round up the percentage in any fund but that's another story.
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Awesome thanks! Was going to move everything into G due to being afraid that was the rules. Thanks for the new info :)
 
Now with Being back over 5k should we expect pull pack Monday? Or do we think we can get are first back to back green days? Wondering about it dropping again :/
 
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