Thread: MrJohnRoss' Account Talk

Welcome back from Labor Day. For the markets, I fully expect September to be unlike August.

Originally Posted by MrJohnRoss

Thanks for the heads up Bquat. I checked the graph before I posted it by going to the "advanced" mode, and everything looked fine. Not sure why it's not showing up. Maybe Tom can explain.

When attaching a file, hit the attachment icon, hit "add files", and when the small box pops up, use the "basic uploader" option. I hope that helps...

Moving to cash. Part of the problem with working full time is that sometimes I'm not near a computer in order to make a TSP transfer before the deadline. Yesterday was one of those days that I would have liked to have stepped aside. Instead, my transfer from S to G will take place as of COB today.

Good luck!

Glad to see the markets move a little higher today, since it was a sell day for me. Rode the S Fund proxy $EMW from 1015.10 on 8/11/14, to today's close of 1042.31, which is a gain of about +2.7% in just under a month.

I still believe we're heading lower for short time in order to "pause and refresh". Markets don't go up every day, so it's time for a little down wave. The gas pedal has eased off considerably, and momentum is dropping quickly. Will likely watch the market coast downhill, and wait until I see the accelerator pedal start back up before getting back in.

One other quick thought... and it's not a good one...

With tomorrow being September 11th, a lot of radical terrorists like to strike on this anniversary, so I'm actually glad to have stepped out of the markets today.

Let's hope I'm wrong, and nothing happens.

God Bless America. We need it.

Originally Posted by MrJohnRoss

Glad to see the markets move a little higher today, since it was a sell day for me. Rode the S Fund proxy $EMW from 1015.10 on 8/11/14, to today's close of 1042.31, which is a gain of about +2.7% in just under a month.

I still believe we're heading lower for short time in order to "pause and refresh". Markets don't go up every day, so it's time for a little down wave. The gas pedal has eased off considerably, and momentum is dropping quickly. Will likely watch the market coast downhill, and wait until I see the accelerator pedal start back up before getting back in.

Same for me. Selling today ended up being better than yesterday. I'd like to see a big enough dip so that I can jump in by late Sept and ride the market through the New Year.

Originally Posted by MrBowl

Same for me. Selling today ended up being better than yesterday. I'd like to see a big enough dip so that I can jump in by late Sept and ride the market through the New Year.

Yessir. The seasonally strong period begins in November, so my bias will be towards the markets once we get to that point. ... assuming there are no other overriding reasons to stay out, of course.

Statistically speaking, September is the worst month of the year. Let's see how 09/14 plays out.

MrJR I thought you would hang in there to take this market higher, do you see rough water ahead?

Originally Posted by GUCHI

MrJR I thought you would hang in there to take this market higher, do you see rough water ahead?

No sir, just a typical down wave for a few days. Will wait for the next buy signal. If there is a black swan event, all bets are off.

The market has begun to apply pressure to the gas pedal, and the tachometer is beginning to slow it's descent. Depending on which index you're looking at, (I usually use the S&P by default) this could either be a head-fake rally, or the little mini down wave is complete. I'm betting that we're going higher for a little while longer, so into the C Fund we go. (S Fund has been lagging the C Fund as of late.) This is my 2nd IFT for Sept., so I'm hoping this up-wave lasts into Oct., as I prefer to be fully invested going in to the new month. Not that the market cares.

On a side note, it's hard to believe Sept is more than half over.

NUGT appears to be bottoming, if you're playing the NUGT/DUST trade. Have some cash on the sidelines, so I may consider it. Also considering picking up some BABA on Friday.