Yeah, the only question is how soon. You don't want to catch the falling knife when it drops like this but I think it will rocket back quickly when it stops.
Well if it is of any consequence, it is barely one hour past the closing bell and the S&P futures are already down more than 1.5%. Not that it will remain that way into tomorrows open, but at this point it appears there is more downside to come. Yep I'm feeling a buying opportunity.
"the biggest mistake that traders make is to let these short-term trades turn into longer-term investments when they don’t work." RevShark
Yeah, the only question is how soon. You don't want to catch the falling knife when it drops like this but I think it will rocket back quickly when it stops.
Allocations as of COB Dec 28 : 100% S. | Retirement Date:Dec 2025
Past Returns: 2020 31.85%,2019 27.97%,2018 -3.36%,2017 13.10%, 2016 -1.79%, 5Yr Avg 12.61%
That's why investing reminds me of the game of Roulette. Do I put my money on red or black or sit in safety for a few more spins???
"the biggest mistake that traders make is to let these short-term trades turn into longer-term investments when they don’t work." RevShark
Capital preservation is all important. Like they say "You Gotta Know When to Hold Them and Know When to Fold Them!!
Good Morning everybody. The Wife and I are going on a trip today To Biloxi MS and will be back Sunday afternoon, so I won't be posting until then. Yes we are going to a Casino, the Beau Rivage, wish us luck we need all we can get.
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Stay dry and win big!
Speaking of GAMBLING!!!
IFT COB Today = 100% "S" fund.
IFT COB Today = 80% "G", 15% "F"!!
S&P500 (C Fund) (delayed) (Stockcharts.com Real-time) |
DWCPF (S Fund) (delayed) (Stockcharts.com Real-time) |
EFA (I Fund) (delayed) (Stockcharts.com Real-time) |
BND (F Fund) (delayed) (Stockcharts.com Real-time) |
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Yahoo Finance Realtime TSP Fund Tracking Index Quotes |
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