Thread: FireWeatherMet Account Talk

Originally Posted by FireWeatherMet

QUOTE=WorkFE;468175]I hate doing that right before a Holiday but I was considering the same thing due to the new month being underway after the weekend.

WRKFE,

I agree with you regarding end of month/holiday...but Labor Day is not for another 10 days...right?[/QUOTE]

Yep, Monday September 1st.

It wont be another ten days on (maybe Tue-Wed next week)

That's my thinking. If I did not want to play the weekend it would be a 2-3 day play only. Also, what are the TSP hours for next friday (29th).

Originally Posted by WorkFE

It wont be another ten days on (maybe Tue-Wed next week)

That's my thinking. If I did not want to play the weekend it would be a 2-3 day play only. Also, what are the TSP hours for next friday (29th).

Thats a good question. On some holidays trading closes early. The nice thing for us is that we can make a trade right up against the closing price instead of having a few hrs to get a surprise reversal. I don't normally remember TSP being closed all day a day before Labor Day. Have seen that on some major holidays like X-Mas and Good Friday I think.

Originally Posted by FireWeatherMet

Thats a good question. On some holidays trading closes early. The nice thing for us is that we can make a trade right up against the closing price instead of having a few hrs to get a surprise reversal. I don't normally remember TSP being closed all day a day before Labor Day. Have seen that on some major holidays like X-Mas and Good Friday I think.

Early Closure dates/times for 2014
July 3rd, 1300
November 28th, 1300
December 24th, 1300

Thanks.

With one IFT still left for August, will be moving from all G to 100% S COB today.

Main reasons...a look at the longer term trend-line shows we still have some upside, perhaps to the 2030-2050 range on the S&P (below).
Also, when in doubt I like to look where some of our "Top Guns" are, and I noticed JTH went 100% S a few days ago, so I don't mind tagging along.

S&P.PNG

Originally Posted by FireWeatherMet

...we still have some upside, perhaps to the 2030-2050 range on the S&P (below).


S&P.PNG

So far everything is on track.
Again will consider exiting as we approach 2030 or so...but hopefully getting back in before the end of the month.

Your Scarlet Knights tried for a good beginning to their B1G opener. Missed it by a hair.

Not wanting to spook anyone...but this is a little disconcerting.

S-Fund long term chart going back about 12 years (using Vanguards Small Cap ETF)

S-Fund Top.jpg

Originally Posted by FireWeatherMet

Not wanting to spook anyone...but this is a little disconcerting.

S-Fund long term chart going back about 12 years (using Vanguards Small Cap ETF)

S-Fund Top.jpg

Oh crap! Just went 100% S COB today. Yeah, I'm spooked!

Originally Posted by 99percent

Oh crap! Just went 100% S COB today. Yeah, I'm spooked!

This chart is scary. Does anyone know what the track record is for the phrase "sell Rosh Hashanah and buy Yom Kippur"?