WorkFE's Account Talk

Re: ift

Congrats to the top of the 2016 leader board. You folks rock.

I'm still trying to figure out how I did 6 and quarter % on my TSP but managed 11% on my wife's WALMART 401K. :D. Obviously I need to put a bit more emphasis on my stuff.

At the moment sitting in the G with memories of the beginning of 2016 haunting me.

Is it all risk, dang the torpedoes full speed ahead? Or cautious optimism?
 
Re: ift

I considered wading in today but decided against it.

Rhetoric is making things a bit volatile right now. I may tread lightly all year.
 
I feel like a new person. Many changes, business wise, made over the past 2 years.

The walkabout was great but next time I'm driving.
 
Think about how far you've come.
10, 20, 30 years ago, you contributed and let it ride (C, S, I,) all year long.
When the money is real there is so much more thought going into moves.
I can sit here in the G and pull in 1K in a month, hey that's paid bills.
But a well timed IFT in this volatile market can net/lose >5K in 24 hours.

The early years were carefree but no way I would trade it for this excitement.
I may stay in the garage until the new year but I got a few more years chasing the excitement.
 
If I knew for certain we were gonna settle on a 400 point sell off I might be inclined to buy it, however I suspect today will end much like yesterday (nibble back in the afternoon) and I don't like that going into the weekend.
Might just be a bit more room to the downside anyway, say 24,300ish when its all said and done.
Shoulda, Coulda, Woulda......Maybe
 
No capitulation. Volume has not been consistent with exhaustive sell. Expecting China to retaliate for jailed corporate head. China going to bring the hammer next week. Margin selling should bring final selloff next week. At least that is what I'm sensing at the moment. :D
 
If allegations can be proven then that corporate head just became a pawn. I like what you're sensing.

Bring the Hammer
You can't touch this
You can't touch this
You can't touch this
Break it down!
 
While there is a lot of news that can move this market today (Politics, Small Business Optimism Index, American Eagle Outfitters and Dave & Buster's numbers etc.) nothing is more focused than global trade developments. China/US trade relations is >than half a trillion dollars. That moves markets.
Other than political infighting, that is where my focus is. Volatile markets create buying opportunities but they are also full of deep potholes. Stay nimble my friends.
 
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