Thread: Danny's Account Talk

If we are entering a multi-decade bull cycle, hopefully you can build up the capital quickly by compounding double-digit percentage returns.

Anybody put in an IFT at exactly 1200 EST and have TSP post it for the following day? My GOV computer clock printed the confirmation at 1200... I suppose if tomorrow is up I would not complain but I would like to have this corrected as intended for an IFT COB today the 10th not tomorrow the 11th.
Does anyone think or know if I called them tomorrow and explained, they even consider posting it for the day I intended even if it was that close (within a few seconds) ?

Thanks,
Danny

Originally Posted by Danny

Anybody put in an IFT at exactly 1200 EST and have TSP post it for the following day? My GOV computer clock printed the confirmation at 1200... I suppose if tomorrow is up I would not complain but I would like to have this corrected as intended for an IFT COB today the 10th not tomorrow the 11th.
Does anyone think or know if I called them tomorrow and explained, they even consider posting it for the day I intended even if it was that close (within a few seconds) ?

Thanks,
Danny

I suppose antyhing is possible if you try, although I don't know of anyone who has done this.

Originally Posted by Danny

Anybody put in an IFT at exactly 1200 EST and have TSP post it for the following day? My GOV computer clock printed the confirmation at 1200... I suppose if tomorrow is up I would not complain but I would like to have this corrected as intended for an IFT COB today the 10th not tomorrow the 11th.
Does anyone think or know if I called them tomorrow and explained, they even consider posting it for the day I intended even if it was that close (within a few seconds) ?

Possibly, if you have proof. They can talk you down so be wary of that. I've had similar problems as well with them. You know, making moves right at or just before the 1200 o'clock hour that somehow didn't go through. Happened to me during the years where we had unlimited moves. Just another reason to buy and hold, or make IFTs well before noon EST.

Thanks JTH...By the way hope you are feeling better!

I do not post much, but I read your threads and a hand full of others every day...especially if I am thinking of making a IFT. I was on the fence about jumping out today and ended up fighting a computer that was locking up at IFT time. I did end up deciding to leave half in and hope for a few days riding the bolinger band before I took it all to G...out of IFTs for Apr.

So looking at the flat futures tonight and thinking I may not win the fight with the TSP folks about making my IFT good for COB today, what are your thoughts on maybe grinding a bit higher tomorrow as opposed as a sell off tomorrow leading into all the news/data coming at us in the next few days???

BTW, thank you for the charts you supply to the board members, especially the hatched areas and annotations you use illustrate your points. Between you, MrJohnRoss, and Bquat I feel I can see where we are going next!

Regards,
Danny

"JimmyJoe said: Just another reason to buy and hold, or make IFTs well before noon EST"

Yea, I'm in California so ITF by 0900... real busy at work with meetings and visitors the mornings...my phone for some reason wont let me put in the TSP password at login so I get stuck racing to my desk when I need to make an IFT. It is a giant POS that more often than not lockups and of course reboots are always part of the process when using the interweb thingy at work...go figure.

Anyway, thanks for the input! and I swear, you are Birch's long lost twin. If you two ever meet in person I bet you would finish each others sentences without skipping a beat! That's a complement BTW...

Regards,
Danny

Originally Posted by Danny

"JimmyJoe said: Just another reason to buy and hold, or make IFTs well before noon EST"

Yea, I'm in California so ITF by 0900... real busy at work with meetings and visitors the mornings...my phone for some reason wont let me put in the TSP password at login so I get stuck racing to my desk when I need to make an IFT. It is a giant POS that more often than not lockups and of course reboots are always part of the process when using the interweb thingy at work...go figure.

Anyway, thanks for the input! and I swear, you are Birch's long lost twin. If you two ever meet in person I bet you would finish each others sentences without skipping a beat! That's a complement BTW...

Regards,
Danny

Making an IFT go right, or wrong, is sometimes our doing or it's the people at TSP. It can stink but learn from it as I think you will. You're in it now and the futures are bright today, so are they for the next month, and more, all the way to the end of the year. As for me being Birchtree's twin I can only say that I've learned from the master. I actually didn't like his style for many years. But now, at this time, I've come around. I don't have nearly the market technical insights he has but I have very similar feelings about this market as he does. There are several others on this board that bring up very positive facets about this market, mostly good points. All I do now is sift through the posts and intake the positive market lines of discussion. It's all coming together for those who invest now and for me. I am retired but because I can focus on this present market I can see clearly how it is moving today. I'm also healthier than I've been for a long time, eat vegetables, fruits, occasionally some tuna, drink only water, etc, and this equates to a stronger outlook on this market, a better life. It's like a natural law. A better life is what draws to me the gains I get from the market, and for me this is more important than just getting gains from the market, which in the past, didn't work out so well. It was not as profitable as it is for me today. Anyway, keep positive about his market. It has not nearly reached its inflationary level "top". Look for the SPX to reach 2000 within a year or two.

Well, so far it looks like I should be thankful yesterdays IFT to 50% G failed (past the deadline). Now the question remains do I cancel todays IFT and stay in or take a little to safety???

Hmmm...

Is there anyone out there trading or shorting the VIX in an IRA acct?

Would be interested in learning if anyone thinks we are poised for it to climb to previous highs... and a little dialog on what triggers volatility and what indicators signal a probable turn and burn.

Thanks,
Danny

I will pick up TVIX this am if it hits my short term target of 15.02. I would be surprised if the market does not pull back a little by the end of the day. As always this will be a short term trade 1 to 2 days at most and may only last hours or min. if it goes the wrong way.


Caveat: I am who they are talking about when they say dumb money

Guppie, Thanks for the info! How did you decide where your buy-in target is? Do you have a sell target too?

Danny

Originally Posted by guppie

I will pick up TVIX this am if it hits my short term target of 15.02. I would be surprised if the market does not pull back a little by the end of the day. As always this will be a short term trade 1 to 2 days at most and may only last hours or min. if it goes the wrong way.


Caveat: I am who they are talking about when they say dumb money