WorkFE's Account Talk

[WorkFE]

Overseas looking better this morning.
Futures look good. VIX just under 17.

Would like to see the transports propel us today.

GL today everybody

 

[WorkFE]

When this happens I will feel better.

http://www.marketwatch.com/story/small-businesses-may-be-growing-again-2011-01-12

 

[WorkFE]

VIX is negative.
Lets see if it helps in the last 2 hours

 

[WorkFE]

I fund covered my limited losses in C&S and left me some change left over. I'll take it after Wed gains.

Friday before a long weekend. Been burnt on this crossroad before.

 

[WorkFE]

Futures not looking good and I suspect some will not want to hold risk through the extended weekend but I would think they would have disconnected yesterday.
After my miserable showing last year my realistic goal for 2011 is 1% per month so considering I'm closing in on 2% half way through Jan I'm happy to say the least.
Note to self, greed is what burried you last year.
For all those holding through the weekend in equities, good luck. Have not decided what I'm doing yet. Sentiment is hold. 7-S's is Buy. (Special thanks to those who dilligently managed those signals)

http://www.marketwatch.com/story/consumer-prices-up-05-in-december-2011-01-14
CPI #'s are in. Futures reversing a bit.

 

[WorkFE]

Decided to stay in. What ever happens, good or bad would have been locked in COB. With no IFT's I chose to sit tight.
The VIX is falling upper 15's. :suspicious:

 

[Birchtree]

The VIX currently trading at 15.48 down 0.91. It now becomes propitious to be aware of history. It could be that this time is different with so much liquidity heading for the equity markets. Just another brick in the wall of worry to help keep the weak hands out of the market - that would please the bull.

 

[WorkFE]

- that would please the bull.

Easy Birch, I can see you smiling through my computer screen.:laugh:

 

[WorkFE]

With the current trend looking strong and no hint of the bears wrestling control anytime soon, the best thing to do might be to place your bets and hide your keyboard for a few months. Better yet unplug it and check back End of March.

Crazy:laugh:

 

[WorkFE]

My wifes allocation goes in tomorrow COB. Two down days would be welcome. Every penny helps.
Glass is half Full.

 

[WorkFE]

Ouch.

 

[nasa1974]

Ouch.

I couldn't have said it any better.

 

[WorkFE]

With bad weather enroute I've been out doing the EM thing.
Looks like another "OUCH"

 

[nasa1974]

With bad weather enroute I've been out doing the EM thing.
Looks like another "OUCH"

Yeah, the markets are doing the same as last year. First two weeks the market sucked you in and by the time January 2010 ended I was a negative 2%. Dang it!!!

 

[WorkFE]

I'm superglued to the fence and can't get off. :laugh:

 

[WorkFE]

Humbled but not surprised.

No one has the perfect combination. You will be up and you will be down but unless you are buying high and selling low you will never be out. Giving back value is easy, my stubborness refuses to give up shares. Being that I'm out of IFT's and don't want to be stuck in the G, I'll take my chance that this is not a 10% correction and stay put for now. I reserve the right to change my mind right around 11:45 AM today.:nuts:

I am heading to the economic boomtown of Michigan after lunch today. Taking a couple hundred dollars just in case I see a house I want to buy.

In any event, good luck today everybody and have a good weekend.

 

[WorkFE]

One more thing (For those with time on their side) Staying in equities is not losing it is just a missed potetial opportunity unless you think our economy is collapsing. If that's the case why are you putting your money in TSP.
Food for thought.

 

[WorkFE]

Lots of moving around today.

GL

 

[WorkFE]

I remember buying CAT back in 09, a lot of folks saying that ship had sailed. It sure did and I'm lovin it. Not to search out its replacement, I hope it's a dog.
Might be time to jump back in the AA camp.

The market may look moody but it is feeling energetic. When is there going to be a correction or significant pullback, no idea. Maybe February as a traditional stagnant to negative month, maybe not for several months.

So this is what it looks like on the positive side of 0%:laugh:

 

[FAB1]

So this is what it looks like on the positive side of 0%:laugh:

Its the ONLY side of Zero I want to be on!