Thread: JTH's Account Talk

Originally Posted by JTH

Can't leave you folks alone for a second, I turn around and next thing you know this markets takes a dumpy, what you'all do?

Glad you're back, we were getting nervous that something happened =:-o

I'm calling tonight a beer night!!!

Originally Posted by JTH

I'm calling tonight a beer night!!!

Why discriminate? Make EVERY night a beer night!

Word of the day "Volatility"

Small caps underperformed the large caps, this isn't your Mother's market...

Attachment 28373

iShares Russell 2000 Index (ETF) (IWM) news: The Crash No One Is Talking About - Seeking Alpha

Small caps

Originally Posted by JTH

Anyone who has read my most recent comment in Ebbs Account talk about his system, should know my impressions of this subject. Please refrain from discussing it within this thread, there are plenty of other places to take this discussion.

Moving on, I did not like this morning's price action, it looks better now but there are still some questions left unresolved. The last time I recall seeing a bottoming tail being put in at the top of a wave, after a very minor pullback, it resulted in a breakout. Whether or not this situation will unfold in the same way is questionable at best. Although I felt like I wanted to eject today, the reality is there wasn't enough data to bring me to make the exit. There is a difference between emotional experience and statistical experience, in this case the latter won my decision making process today.

If I had some more IFT's I would have waded back INTO S-fund today; I'm seeing increasing volume on the large caps, departure of the large and smalls north of >2% this week (is it over 4% the last 3 months?) and not enough volatility to worry about. Yet. Can't get all worked up about the P/E of small caps like some people do (today's WSJ). I don't like bailing on a down day more than anyone else, but I won't stick my head in the sand for 10 more days hoping that if I don't pay attention, the market is more likely to turn around.

Originally Posted by weatherweenie

Why discriminate? Make EVERY night a beer night!

If you do this, for sure you'll get a pot belly on you!

Lot's of 1st

1 Day away from an IFT reload, 1% away from another 52-week high, get ready to burn your 1st IFT on the 1st of May, or you could just sit aside and watch others climb the wall of worry...

Attachment 28399

Originally Posted by JTH

Lot's of 1st

1 Day away from an IFT reload, 1% away from another 52-week high, get ready to burn your 1st IFT on the 1st of May, or you could just sit aside and watch others climb the wall of worry...

Attachment 28399

you talking to me? (i.e., 100% G-funders). I don't necessarily agree there's gonna be much more climb early May. Could be. Might not. Perhaps another 1% but even that may be optimistic.

Originally Posted by amoeba

you talking to me? (i.e., 100% G-funders). I don't necessarily agree there's gonna be much more climb early May. Could be. Might not. Perhaps another 1% but even that may be optimistic.

Lol, I can always count on your for a stiff dose of negative Nancy. You should be happier, you're in the top 200 with 1.39% and you've managed to do it in just 20 IFTs. Quit playing the nickel slots and move up to the quarters, nothing ventured, nothing gained

Originally Posted by JTH

Lol, I can always count on your for a stiff dose of negative Nancy. You should be happier, you're in the top 200 with 1.39% and you've managed to do it in just 20 IFTs. Quit playing the nickel slots and move up to the quarters, nothing ventured, nothing gained

I would like this more if I were not at negative 4% Those dollar slots are killing me.