WorkFE's Account Talk

[Guest2]

SB,
I feel that way also, but I can still see the dim light of the locamotive and I'm frozen on the tracks.
The safe thing would be to get off the tracks but my gut says "Don't do it".
Mixed signals muddy the water. I have gained enormous shares selling high and buying low so they are forever mine as long as I remain disciplined. The train is coming but which track is he on.

We're gonna see some hurt in the short term. Just by how much, is the
million dollar question. A bounce could come as early as tomorrow. Then
again, the bounce may not happen until May as the Bull hates to carry
too many investors. Thus, the dilemma we face on a daily basis. Being
at my <1%IFT Levels since 4/14/09, I find the loss easier to take and
gives me more room for lower results. Heck, I risk 100% in a day and
take the chance of losing 5-6k. My risk is low and being at these levels
might allow me to still beat the (G) in the time we have left in April.
Hind sight is 20/20 and if I bailed Friday, I could claim that I beat the
(G) by (1) additional week worth of returns. SaeLaVee. The closer I come
to the end of the month, the lower my chances of achieving my goal.
Ultimately, I could just carry this small risk right into May and look for my
next 100% entry. If timed corrected, the losses since 4/14 could look
insignificant next to the gains.

Boy, talk about mixed signals ! Now I'm Confused ! :embarrest:

 

[WorkFE]

Thanks SB, clear as mud
Any path taken is an uphill climb that we all will be fighting for awhile. Victory is earned through blood, sweat and here lately a bunch of tears.
Good luck the rest of the week.

 

[Medic72]

I'm here for ya Work!, I had to patch my sucking chest would up before i could crawl over to you

but guess what, we still have the same shares of stock as we did friday when it goes up again we are fine!

i thought we would take a bigger hit on the tracker, there is still time for us to top 10 it

 

[WorkFE]

The roller coaster market continues.
There are some excellant gainers on the tracker. If they can keep that kind of momentum and discipline for a whole year it would be amazing. Still a long road ahead.
I noticed a few moved to safety. Not a bad move after gaining back some of yesterdays losses today.
Short of a signal of a total colapse I believe I am in it for the long haul. I might tweak my CSI allocation (My % in the I is holding me down some) to better reflect the stronger funds but I'll have to wait until the 1st.

Yahoo news will hurt. Carol Bartz, CEO, is a potty mouth as she drops the F bomb on a conference call. I like it. Break a boot off in their @$$ Carol. She knows where the monies being wasted.

 

[WorkFE]

I see the market had the same kind of day I had (Sat in class all day with nothing to show for). Would not be surprised if we had a couple flat days to finish out the week.
G funders are waiting for an entry point (This could be it, maybe not)
Risk takers want to get the ball rolling (Patience is a virtue, we need the sideline)
The ones down the tracker are on the gas and not letting up. What do they know or is it wishfull thinking.
The ones at the top, most have stepped to the side. What do they know or are they taking a breather.

1 May will tell the tale.

 

[WorkFE]

From what I've read, today did not look to good early but we had a late day rally. I was away from the computer today. I'll take the 1.3% gain. Sounds like today was nerve racking.
I have been hearing the 2 steps forward 1 step back phrase alot lately and in this market I can live with that.
I will probably make a move after the 1st week of May unless something occurs to push that time frame up. I will be reading alot on the MB and other sites for trends but we are getting close to a major pull back. Then again we could 2+1 step all of 2009.

 

[WorkFE]

shhhhhhhh.
Have you ever seen a bull tiptoe in the crystal ball room. If you followed the market today, you were witness.:nuts:

 

[Medic72]

LOL great one work! this was a good day

 

[WorkFE]

What a week. Other than a few tense moments as news was reported I felt pretty confident today.
I still think there will be a minor pull back at some point. I do like the fact that historically May is a good month. Thanks everyone on the MB for pointing that out. I may rethink my stratedgy for MAY.

Weather is warming up and the Honeydo list grows with outdoor projects. Money must be spent by those who have it to complete those projects.

My Ford, CAT and HD stock is healthier but my WMT is waning. It is one of those stocks I'll take to my grave so I don't pay it much attention.

Up and down week, I call it a draw between those in safety and those in risk. We'll getcha next week

 

[WorkFE]

Who gave the S&P the FLU?

 

[WorkFE]

All the beautiful news coming out this week and the world coming to an end might just be the flame that brings down this house of cards we call investing. I'll be watching closely. There is no way I can save it all but I'll keep it as close to even as possible.
2 Of the big 3 are officially "on the clock". I have family that works in the auto industry and I feel for them but those companies need to put away the pearing knife and get the axe out.

The VIX gained back some losses from last week. If that thing turns on the jets that might be all I need to bail.
I believe this week will be a tug of war between the bears and bulls, alot like last week.
Then again this swine flu business could be the anchor of the bears and it's "game over"

 

[WorkFE]

What to do, What to do.
I hate days like today. Consumer confidence up vs. World health. Any other time and this choice would be easy.
Might just stay put today.:worried:

 

[DCguy]

Bloomberg says BAC needs over $60 billion to pass the stress test.. I can see the storm coming for financial market..

 

[WorkFE]

The storm arrived some time ago, I just choose to surf the bigger waves. Some days I wipe out and some days are a thing of beauty.
BTW BAC fired their Chairman. Good for the company in the long run but will create some fun tomorrow.
The easy play would have been to go back to G today and hold on to my gains but the eye of the storm has me mezmorized.
Even my WMT stock woke up today

 

[WorkFE]

Could be very rewarding to be an I funder today.
Crossing my fingers

GL today everyone

 

[WorkFE]

The I fund bailed me out today.
Traded 1/2 my Ford stock that I purchased at rock bottom and put it into GM. I'll take that chance just like I did with Ford. Put both in the lock box, check back in a year.
Any advice on Drug companies would be greatly appreciated. I've never owned it.
I would like to remind everybody that some very simple precautions (Cleanliness) can go along way in avoiding H1N1.

Anyway, taking an extended weekend to go see my family. I hope everyone has a great TGIF and a safe weekend.

 

[WorkFE]

2 days in a row the I fund came to the rescue
This is like marching on ice uphill.

Have a great weekend

 

[WorkFE]

This was a great weekend. Got home to see the family. All is well considering one had a leg removed 2 months ago. He is in high spirits just not very patient in the healing process.
Sprint beat expected results.
Buffet sees recession ending soon- Is the market out ahead?
Jobless claims hint at recovery.

There is a lot of encouraging news out there and some not so encouraging. Enough that I will continue to stay 100% high risk. Will be keeping an eye on the stress test release but I am not sure what additional information can be gathered considering alot has leaked out already.
Overseas is up, futures are up. Now if I can just get rid of this crazy rain
Have a great day everybody

 

[Medic72]

great positive post to start out my day work!

thanks!

 

[WorkFE]

You have a great day M72.
Did you know that M72 is a Light Anti Tank Weapon. It has been replaced by the AT-4 but should be sufficient for this Urban Warfare Market:laugh: