WorkFE's Account Talk

[TommyIV]

An understandable move, lock in those gains. But you are going against the current. The trend this week in the AutoTracker has been to decrease the G-fund to increase C-fund exposure.

 

[WorkFE]

But you are going against the current.

Thats the way I roll.
If today holds I will have made $6+ a share on the C, broke even on the S and made $1.50 on the I.

 

[JTH]

Thats the way I roll.
If today holds I will have made $6+ a share on the C, broke even on the S and made $1.50 on the I.

Making money in 1 fund can be hard enough, let alone 3. On the fun side, if the markets continue going up, you might feel bad, but is they tank, you will feel like a hero. :usa2:

 

[WorkFE]

I generally don't get to upset unless I'm in the wrong fund on a huge down day/s.
Making $24K a year in the G ain't shabby, I can live with it.

 

[WorkFE]

If today holds

I completely forgot the markets closed early today.

 

[WorkFE]

Been on the road since 12 July, got some great fishing in down in the Florida Keys. Left there on the 18th and headed to Lake Livingston in TX. Been raining since I got here, shoulda stayed in the Keys.
Heading back to KY in the morning, back to work on the 29th.

And I'm still hanging out in the Garage

 

[nasa1974]

Been on the road since 12 July, got some great fishing in down in the Florida Keys. Left there on the 18th and headed to Lake Livingston in TX. Been raining since I got here, shoulda stayed in the Keys.
Heading back to KY in the morning, back to work on the 29th.

And I'm still hanging out in the Garage

Safe travels.

 

[bmneveu]

Been on the road since 12 July, got some great fishing in down in the Florida Keys. Left there on the 18th and headed to Lake Livingston in TX. Been raining since I got here, shoulda stayed in the Keys.
Heading back to KY in the morning, back to work on the 29th.

And I'm still hanging out in the Garage

That's a lot of driving! Which Key(s) did you go to?

 

[WorkFE]

I fish them all but I tend to hang out around Duck Key. Sister has a home there and my Mother is in a home in Tavernier.
Convenient

 

[nasa1974]

Sorry wrong thread.

 

[WorkFE]

Vacay is over, back to the salt mines.
At the moment I am still hanging with the G Fund (4.5%), not anticipating any move unless an opportunity presents itself that I can't refuse. I will be watching that G Fund rate come Thursday, could force my hand. I do believe there is some room to run but there have been some painful days recently. On a good note, it generally recovers it fairly quickly.

 

[WorkFE]

Lots of speculation going on at the moment. Unfortunately, the interest rate decision and Powells presser aren't until after 2PM.
Thursday and Friday's market calendar is pretty full as well.

 

[WorkFE]

G Fund retreats to 4.125%, any more of that and it will force my hand.

 

[WorkFE]

Looking at INTC if the futures come anywhere near those projections. Been almost a year since I've held that in my portfolio.

 

[WorkFE]

Doing a bit of reflection, bouncing between optimism and pessimism.
Since:
* 17 July the DOW is down about 2%
* 10 July the HASDAQ is down about 8%
* 16 July the S&P is down about 4%

What goes around comes around.

 

[WorkFE]

If the market ended right now the NASDAQ would be solidly in correction territory. But the DOW and S&P would only be about halfway there.
Two things:
1. I don't expect it to end the day down this hard, I think some dip buyers will pull it back off the ledge a touch.
2. Corrections are as normal as apple pie and ice cream and there is some space below for that to occur in the future.

Looking at a price buy in target of about 17-19 for INTC.

 

[WorkFE]

On Friday the NASDAQ hit the correction mark, pretty much right on the money. The S&P could be next, currently down about 6%. Lastly the DOW is down about 3.5% from its all-time high.
I expected a bit of dip buying last Friday, didn't happen.
Futures are straight ugly at the moment. For those gambling folks, today could be a buy with turn around Tuesday a sell. I'm not doing that, just a thought.

 

[WorkFE]

Starting to have Flashbacks.
I have not changed any current money within my account, but I did change my future contributions. We shall see how this plays out.
FWIW, the S&P is on the cusp of joining the NASDAQ in correction territory.

 

[WorkFE]

For those gambling folks, today could be a buy with turn around Tuesday a sell. I'm not doing that, just a thought.

Maybe I should listen to myself sometimes.

 

[JTH]

Maybe I should listen to myself sometimes.

Those were the times with unlimited IFTs, where that'd be the perfect play.