WorkFE's Account Talk

[Birchtree]

There is going to be social unrest in Greece because of their austerity programs - does anyone outside the pinky world really care. Kill a few anarchists and move forward to a productive society.

 

[WorkFE]

If we pull back I believe it could be minimal, so:

C= 30%
S= 60%
I= 10%

This could prove to be dumb move #1.
Of course I managed to go 6 weeks before commiting a fatal error, last year I did that 10 times in the first 6 weeks

 

[WorkFE]

Jubilent January is over, welcome to Ferris Wheel February.:blink:
Up down, up down.
Hold on or get off.

 

[WorkFE]

This indecisive market certainly has some thinking more safety now. Some moves to the G & F today but it seems mostly stair stepping. Maybe they are not convinced we are heading down and want to be part of the movement if they are wrong. Could be the right play.

 

[WorkFE]

A bonus for those who stood by the Bull.
Provided it does not sell off tomorrow before the long weekend, Congrats.
FYI: I believe any selling tomorrow will be bought up and end the day flat. Uptrend continues on Tuesday.

 

[WorkFE]

Hold the line. Don't fire until you see the whites of their eyes.

 

[WorkFE]

That 13000/1370 is proving to be a tough nut to crack.

 

[WorkFE]

Had my finger on the trigger all the way up until 11:59. Decided to stay put.
Bottom line- (Risk vs. Reward) At this time, any selling has proven to be contained. If 13K is breached the reward for being in could be sweet.

 

[WorkFE]

If I had multiple IFT's remaining I would probably be less hesitant. As it is, I stay a bit longer.

 

[nasa1974]

If I had multiple IFT's remaining I would probably be less hesitant. As it is, I stay a bit longer.

I agree. I would have gotten out Friday if I had an extra IFT or two.

 

[Bquat]

I agree. I would have gotten out Friday if I had an extra IFT or two.

Ditto here. I would really like to get a jump on March.

 

[WorkFE]

I believe the Bulls are going to relent momentarily which is going to force our hand. Bad thing is I did not net that much from the move I did make. Stupid me.:laugh:

 

[WorkFE]

Sounds as though a lot of folks are preparing their G fund IFT's for today. Like there is a correction right around the corner. Possibly. Not sure why all of a sudden the contained selling would stop. I know oil prices will put a damper on things for sure and it is in the "I don't like territory". Some would think OPEC is loving this, in fact most don't. The last thing they want to see is a serious drop in demand. Which, oh by the way, they are already feeling for lots of reasons.
15 Trillion. How have we gotten here. Dang.
Rambling

 

[WorkFE]

Dollar down, Futures up. This could be the exit some have been asking for.
Can't ignore the 7 Sentinals.

 

[WorkFE]

The TSP Talk allocation chart is going to look quite different this evening. I hate when I get sidetracked and then get this stupid feeling around 12:01

 

[WorkFE]

Its hard to fight the sentiment. Most of the ones I make a point of reviewing on a daily basis are on a sell. Alot of the folks I follow, went to the G fund in the past 2 days, except Birchtree
It's not hard to visualize us heading lower. At the moment, as the trend is my friend, I have to keep believing that those sell offs will get bought up. That is of course, until there not.
So here I sit on the eve before potentially giving it all back. Laughing:laugh:

 

[Birchtree]

March could be the month the Dow gets pumped up by 1000 points - now wouldn't that be a sweet surprise. That happened to April in 1999.

 

[WorkFE]

Great. But March is 4 market days away

 

[WorkFE]

Well, after BT's pep talk and the Sentiment Survey coming in 100% S fund for next week I don't feel to bad.
For those that follow NASCAR becareful stepping onto or off of the tracks now, you could end up like Danica Patrick. That was nasty.

 

[nasa1974]

For those that follow NASCAR becareful stepping onto or off of the tracks now, you could end up like Danica Patrick. That was nasty.

I don't follow NASCAR. What hapened to Danica?