WorkFE's Account Talk

[WorkFE]

This market sure is a wanderer. Tough to make any decision when if there is going to be an indication to make a move it won't happen until later in the day. I am where I want to be on the I Fund and only about .20 off the C Fund.
Holding at least another day.

 

[WorkFE]

Unbearably annoying, frustrating, hard to read and unnerving. I suppose on the bright side that can be said for Bulls and Bears and the idea of a recession fueled crash looks less likely. The trading range is fairly significant and from what I see we are nearer the top than the bottom. Pick your spots until it breaks one way or the other.

Stay vigilant and maintain some dry powder.

 

[Epic]

Here ya go man, have one (or six) of these for what Bquat was calling Whipsaw Wednesday. :nuts:

 

[Whipsaw]

Whipsaw!

 

[WorkFE]

Wish I had my own beer.

 

[WorkFE]

I am in the black for the I Fund and finally the C Fund. Long way to go for the S Fund.

The G Fund did get a bit of a bump for June.

 

[WorkFE]

More meat and potatoes please.

 

[WorkFE]

Moving my C & I Fund to the G Fund, Mission Accomplished. Hoping for a quiet green day.

Not so much with the S Fund, still a bit short of profitability. Remedy- double down on contribution mix. 60 G and 40 S and pray. :laugh:

 

[WorkFE]

So much for quiet or green, never ask for both.

 

[WorkFE]

Looks like I may have left a bit of meat on the bone. No issues, I'm satisfied with my move.

One correction- contribution mix is not 60 G and 40 S.
It is 40 G and 60 S.
But praying is still on the table.

 

[DreamboatAnnie]

Yep, praying is always on the table! Best wishes! :smile:

 

[WorkFE]

Tough to get a read on market direction. Bonds indicate that the market is risky. The VIX has hit a low not seen in a few years and by the numbers the BEAR has ended in the S&P. Maybe get a better read after next weeks FED Meeting.
Very possible we could see a low volatility Melt-Up throughout the summer.

There is some room for cautious optimism here. The DOW & NASDAQ are still roughly 3000 pts off their highs while the S&P still has >400 pts to go.

 

[WorkFE]

Flip a coin whether to be in the market tomorrow or not.
It is anyone's guess what the Fed is going to do/say although I am certain there are folks on the Hill that know exactly what they are going to do/say.

Experts are expecting a pause in rate hikes but there is still a chance of a 25 BPS rise.

 

[WorkFE]

Going to be one of those days. Best bet might be to turn off the radio, TV and computers all while leaving your phone at home.
Gone Fishing

 

[WorkFE]

Yesterday was a bit of Bad news / Good news. Tried to stay away, I failed.

The C and I Funds gained a bit while the S fund lost just short of half a Gwop.

Folks seem to be taking yesterday's verbiage in stride today, digesting the news of halting with a sprinkling of hinting.

WMT been on a tear the last handful of days. Getting ready to take some F and GM profits.

 

[WorkFE]

Awfully quiet in here

 

[tsptalk]

:fest30: .. :fest30:.. :fest30:
:fest30: .. :fest30:.. :fest30:

:haha:

 

[WorkFE]

Mucho Mejor

 

[WorkFE]

So we had a nice week last week, so far this week not so good.
Short term pull back from a bit of overheating or the beginning of a 10-15% drop.
Reduced most of my exposure last week so, other than what's in the S fund, I'll sit this one out for now.

 

[dannyboy]

I'm out- til sometime in the fall, unless things change in Ukraine?