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Thread: Whipsaw's Account Talk

  1. #1

    Join Date
    Mar 2012
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    Hampton Roads, VA
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    Default Whipsaw's Account Talk

    Hi Everyone!
    Although my status is 'Newbie,' I've been on this site since '05. Reading the Members Account Talk is a highlight of the day as I work to read the tea leaves in making TSP moves. The account name was appropriate as I have been prone to making some wrong moves at the extremes of the market emotion sign wave, buying high and selling low . At any rate, its about time I showed up... Not that I have any particular insights into the market, but I may be able to add some color commentary .


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  3. #2

    Join Date
    Jun 2004
    Location
    Boiled Peanut, Georgia, USA
    Posts
    47,033

    Default re: Whipsaw's Account Talk

    Welcome to the Forum Whipsaw. I thought I waited a long to join and post!!!!!! But it's a pleasure to have you here, if I can help you with anything let me know.
    Best of luck
    Norman
    Need a avatar? rip-saw-clipart-picture5.gifSorry you already have one.
    Links Crude Settle $47.59 08-14-2017
    -$1.23 Loss




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  5. #3

    Join Date
    Mar 2012
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    Default re: Whipsaw's Account Talk

    Thanks Norman! Will be on the lookout for a better avatar... Like Clester pointed out, many variables in play; does the volatility have us track to the right toward the upper decending trendline, then furhter down? 20% S for the time being...

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  7. #4

    Join Date
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    Boiled Peanut, Georgia, USA
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    Default re: Whipsaw's Account Talk

    Quote Originally Posted by Whipsaw View Post
    Thanks Norman! Will be on the lookout for a better avatar... Like Clester pointed out, many variables in play; does the volatility have us track to the right toward the upper decending trendline, then furhter down? 20% S for the time being...
    No telling what will happen with Syria and all the stupid politics involved.
    Links Crude Settle $47.59 08-14-2017
    -$1.23 Loss




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  9. #5

    Join Date
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    Default re: Whipsaw's Account Talk

    Was looking at craigerv's chart... in the longer term it looks as though the market would head south, considering crude oil prices, the taper, o-care's drag on the economy, situation in the ME... Short term? Dunno. I'm kind of getting that feeling I had before the housing market crash... Holding w/20% in S, for now.

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  11. #6

    Join Date
    Mar 2012
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    Default Re: Whipsaw's Account Talk

    Missed the deadline being in traffic court with my daughter ; still 20% S... I need to get better at charting, looking for some weakness to expand my position, otherwise just bite the bullet and chase with another 30%.

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  13. #7

    Join Date
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    Default Re: Whipsaw's Account Talk

    I like what JTH has to say; a scan of recent headlines indicates the risk of taper and its impact; that on top of OCare taking affect in the next three weeks supports JTHs forecast... no moves as yet, still 20% S...

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  15. #8

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    Default Re: Whipsaw's Account Talk

    Taking profits today, 100% G COB.

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  17. Default Re: Whipsaw's Account Talk

    AGREE


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  19. #10

    Join Date
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    Default Re: Whipsaw's Account Talk

    Holy Bernanke No-Taper Bounce Batman! =:-o Buying higher... 100% S COB TOMORROW! I should shift into Birch mode for the foreseeable future. :toung:

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  21. #11

    Join Date
    Apr 2005
    Location
    Gainesville, Florida, USA
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    24,244

    Default Re: Whipsaw's Account Talk

    The valuation lid is coming off - the potential melt-up has only just begun. September may be my best month this year.

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  23. #12

    Join Date
    Mar 2012
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    Default Re: Whipsaw's Account Talk

    Missed the deadline today, watched the pause... I have two moves left... I'm up 8% this year which puts me down around 500 were I in the tracker, caught like a deer in the headlights waiting for the Hindenburg to crash most of the summer . 50% S, 50% I sometime tomorrow morning, maybe something less if we continue down (2 moves left). Coolhand saying fundamentals are still strong; Tom pointed out tests of the new highs have broken out all year... FWM is lovin' life... Sensei is in... Birch...

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