WorkFE's Account Talk

[WorkFE]

Beware of Bears in Bulls clothing. The last few weeks could very easily been an attention grabber. Guess what it worked. At the same time today could be a bull trap. Hey, even the markets gotta eat.
I never got out so it makes no difference to me (my shares are still intact) but if you jumped out half way down and are considering getting back in, be wary.

 

[WorkFE]

I know if I was in charge and new I could borrow money from the G fund I would do whatever it takes to encourage people to move their money there.
Only kidding.

 

[Birchtree]

We are slowly starting to turn - all we need are for the institutions to show some courage and step on the gas.

 

[WorkFE]

This is a tough spot to be in. With length of time to need being what it is (For Me) I don't get to excited about big pull backs. Just wish the retreats would last longer. You know, like a year. Take advantage of prices.
On the other hand, as a group, it is good for moral when the economy is doing well and everyone is feeling good.

Make no mistake though. Had I caught this at the top I would be sitting on the sidelines waiting to catch some gains.

 

[WorkFE]

The market Monday through today reminded me of my youth.
Like when I used to roll dice for peoples lunch money between periods. ahhh they made it look so easy.

 

[WorkFE]

The good news is we closed higher big time.
The bad news is I would need some more of where that came from to get back into positive territory.
Not seeing that however I do believe we will trade sideways short term which would be better for us long term.

 

[FAB1]

I am encouraged. and still leary. But I wont get back my 13% sitting on the sidelines either.

 

[WorkFE]

No you won't Fab but if you are on the sidelines you should sidestep the next down turn which COULD, looking at futures, start today. There are some calling for a retest which surely is possible. I would have liked to get closer to the even linebefore jumping ship. I hate selling losses and this time will be no different.
This could be a long couple of months.

 

[nnuut]

All the news looks bad this morning, hold on!

 

[wwwtractor]

The punishments will continue until the attitude improves.

 

[burrocrat]

Ha! Ain't that the truth.

or

I can't find a single thing wrong with that statement.

 

[WorkFE]

All the news looks bad this morning, hold on!

Considering I own WMT and HD shares I would not say all the news is bad. The news is what it is. I can't find a single bit of negative news that was not there 2 weeks ago. But that's just me.

 

[Silverbird]

I can't find a single bit of negative news that was not there 2 weeks ago. But that's just me.

No, it's not just you. News euphoria is a fleeting thing - then reality clears the air.

 

[WorkFE]

Now if we can just keep these share prices through the end of the year. Not good for the tracker but if your motto is buy low, sell high, it works.
Of course that assumes we won't see better prices

 

[RealMoneyIssues]

Of course that assumes we won't see better prices

We won't... At least the way it looks right now. Bear Market? Probably, just no one will admit it...

 

[WorkFE]

Looking alot like yesterday. I guess when your used to -400 days yesterday was not bad.

Get off my Plane

 

[WorkFE]

What I don't know. (Bear or Bull and Daily market direction)
What I do Know. (Fish were biting last night, Archery season is right around the corner, We had 2 earthquakes in the US yesterday, there is a hurricane coming and Futures did a 180 about an hour ago)

Have a great day yall.

 

[WorkFE]

Not going to complain, at least not until tomorrow

 

[WorkFE]

The green condition of the market over the past few days may very well have played out. Looking at the futures it is likely we will muddle through the day and end relatively flat before tomorrows earth shattering news. Whatever that may be.
If you've made some gains over the past few days I believe today offers an exit point as I believe any big movements will come tomorrow.
Of course if your still in the red like me and time is your friend you can always wait it out.
If given the opportunity I'd rather be fishing.:laugh:

Have a great day.

 

[WorkFE]

It's a good thing we are only allowed 2 IFT's per month. I know some people on this board that would have worn out the TSP computers this week all by themselves.
Relax, see the trees.