CapeChem Account Talk

**CapeChem** · 01-15-2009, 06:43 PM

Is the 12:00 IFT deadline giving anyone as much heartburn as it is giving me lately....Every morning at 9:30et I see the bottom fall out of the market making me all fidgety to do something....then the 3:00 buying frenzy starts to bring it back around even for the day......crazy crazy market

**CapeChem** · 01-15-2009, 06:46 PM

I am starting to feel like nnuuts avatar looks

**Birchtree** · 01-15-2009, 06:50 PM

As a buy and holder I never get heartburn. My greatest affliction is diarrhea. When I was overseas we used to call it the green apple quick step - got it every time before a mission. If I didn't get it that was a sign I was becoming complacent and invincible.

**CapeChem** · 01-21-2009, 04:27 PM

Question for all of you guys that understand the SMA and EMA's better than I.....I have noticed that the 10,20 and 50 SMA and EMA are all squished (for lack of a better term) together.....does this have any significance?......Even when we hit the low of 740 S&P the EMA's were still well above that...I was just wondering if there is any sgnificance to all these indicators converging......Thanks

**CapeChem** · 01-28-2009, 05:17 PM

I am hoping for S&P to atleast revisit 899.....that was my entry point....then maybe i will move some of my C to G.....what do you think, do we have an 899 in this rally?

**CapeChem** · 02-02-2009, 12:45 PM

WOW.....I really suck at this.....As of today I am 100G...I constantly ignore my buy and sell signals thinking,,one more day......I am going to "one more day my money down the toilet!!

I lost 10% in january.....I am not saying i should be positive for the month but if i would have followed my rules I would have lost alot less.

Really, Even JTH passed me on the board...

**JTH** · 02-02-2009, 01:00 PM

Originally Posted by CapeChem

Really, Even JTH passed me on the board...

Hey don't feel too bad, I started out the 1st week #173, but yea you should be dissipointed I passed you up already

As for the rest of you folks still above me...get out-a-muh-way

JTH... #154 and rising like shooting star

**CapeChem** · 02-02-2009, 01:11 PM

I will try and DCA and <1% my way back in for a while.

**KevinD** · 02-02-2009, 04:01 PM

<1% worked pretty well for me last month till I thought "just 1 more day..."

**CapeChem** · 02-02-2009, 04:14 PM

How often are you <1%ing

**KevinD** · 02-02-2009, 11:01 PM

Originally Posted by CapeChem

How often are you <1%ing

I used my first regular IFT and moved about half of my account in on Friday Jan. 9. The market started down and I got scared so I used my second regular IFT and backed out on Jan 12 but I left 1% in each of F, C, S and I.

These were my <1% moves for the rest of January.

KevinD's Account Talk

KevinD's Account Talk

KevinD's Account Talk

I should have gone to G here...but NOOO. I got greedy and bumped C and S up to 5%.

KevinD's Account Talk

KevinD's Account Talk

You have to let your account ride till you have +.01% so you can raise it to the next percentage but <1% did help me recover some of my losses from earlier in the month.

I have only used it when the markets are moving up and I'm out of IFT's. I haven't found any reason to buy more shares and keep the percentages the same while the markets are headed down. YMMV.

**justbizness45** · 02-03-2009, 01:22 AM

Originally Posted by KevinD

I have only used it when the markets are moving up and I'm out of IFT's. I haven't found any reason to buy more shares and keep the percentages the same while the markets are headed down. YMMV.

Kevin, DCAing on the way down with <1% IFTS lowers your overall break even point on a rebound but you will be betting the market will rebound before the end of the month for it to be useful. Depending on how fast the market is dropping it can be effective as long as you aren't in more than 10%. I have a little spread sheet I used to calculate what your DCA share price is if you want to use it to back test some data. JB45