Thread: Crommie's Account Talk

Originally Posted by crommie

Ah yes, the money we all wasted in our youth...

In the words of a Steve Forbert song, "Here's to the money in my hand and where it went..."

With the amount of money that just got put in my hand today, I'm not going to let it disappear tomorrow or next week. Have you noticed that none of the reports about the ECB and their OMTs mention Greece? The creditors are back in Athens this week and will report on the lack of progress on Sunday the 9th. Then you have the German court ruling and the EU FMs meeting later in the week. I suppose it is possible that these events could be non-factors or even push things higher...but, not for me, going to G today.

Originally Posted by crommie

Have you noticed that none of the reports about the ECB and their OMTs mention Greece? The creditors are back in Athens this week and will report on the lack of progress on Sunday the 9th.

Well I obviously got out a week early on the 6th and missed out on the second leg up of 2-3%...oh well. Trying to stay patient now while waiting for the right time to buy back in. This has not been easy over the past week. But now it looks like Greece will be back in the headlines over the weekend or next week or the first week in October or maybe all three!
Here is the article: Greece, troika need several days to finalize cuts - MarketWatch.

Good Luck to Everyone!

The Greek thing is continuing to be a train wreck in super slow motion...what good could possibly come out of taking a week off from the talks? So, it now looks like the beginning of Oct will be ugly. Having an IFT left, and not wanting to go back into stocks yet, and only four trading days left this month, I am going into the F Fund to wait for a better C/S/I opertunity next month.
Good Luck Everyone!

Good morning,
It looks like the Greeks will get next months payment which will keep them solvent and in the EU for a while longer. Perhaps that is why the european markets are heading back up now?
See article: Samaras Bolstered as Greece Aims to Wrap Up Troika Talks - Bloomberg
Spain also seems to be back on firmer ground for the moment. This of course allows focus back on earnings. So, I am most likely buying back in today. The only question is which fund? I am leaning toward the I with perhaps a split with C. Any thoughts?
Good luck EVERYONE!

Dollar may trend stronger...be careful.

Originally Posted by Mcqlives

Dollar may trend stronger...be careful.

This is true or perahaps if the EU Crisis chills out for awhile and if Asia continues to struggle, the Euro could go on a little rally of its own...

IFT from 100% F to 60% I and 40% C.

Good Luck EVERYONE!

IFT from 60% I and 40% C to 80% I, 10% C & 10% S. That is #2 for this month.

Thinking that the EU has more upside left in the tank than the US with the Greek Deal and Spanish Bail Out possibly over the weekend or next week. As long as the USD stays down it should work out okay...

Sorry for the late post... Work and an untimely phone call from the wife both got in the way.

Good Luck EVERYONE!

Well, I was just over at BT's house looking for a sniff of BS or at least a wall flower or two, but he wasn't home...no where to be found...

So, anyway, why am I still in this market after giving back 3% of gains that I just got last week? It comes down to being out of IFTs and where does one think the funds will be at COB on Nov 1st. I believe that they will be flat or higher than they were on Oct 18th or I would have gotten out then. I have been locked out too many times only to have to buy back in higher than what I sold out for. But then again May just kept on falling for what, twenty something days! That wasn't any good either. Thank you to all of you that have posted that we will be going back up shortly...it gives me some hope. I still believe that something is going to pop the I Fund by Spain and/or Greece getting a big check, but perhaps that was priced in already...
Good Luck EVERYONE! Oh, and keep a look our for Birch!

I was WRONG . 100 F Fund today... should have done this on Oct 18th or 23rd when I was thinking about it but decided to be stupid...I mean brave instead.

For one that has no idea what you are doing, you are doing fine. You are so far up the tracker from me, looking, my neck hurts.

Keep up the good work!