Thread: goforit's Account Talk

thank you so if i guess this right i am suppose to talk about my account or what i think about "stuff" and basically why i do whati do. first let me say i dont know much and i think i know alot. i have a"Trading Places" type approach. what does the common man do or need. i look at the seasonality chart and compare to TSP history of the funds. then i put my best(worst) gut feeling to play. like i said before i am stepping back because everyone is saying a pullback is likely and i want to be out when it happens which my gut says soon. might not be the huge ones like last year but it will be enough to buy low and reap a steady incline later.

You're right the market is crazy and we need to be careful. I still think the Bulls are in charge but that can change quickly, be nimble.

nimble is a good expression of how people should approach this months/year market. i believe that we just got out of a year that was unstable and unpredictable so we seen alot of ups and downs. i also think that this year will be what may be refered to as anormal year. normal before the whole recession scare of 07,08,09,10. we will only see steady profits by year end. with that said i take into account for Jan of any year that the common man is in debt from black friday till after Christmas so we will have to rely on the smart money to point us in the direction of what the market may do. the dumb money may not have any money left and may even cash in to pay debt off.

these are again just my opinion nothing really factual to back it up except history.

ok so it looks like a minor drop off the last two days. is this the "pullback" starting and if so how far will it go. looking to jump in after this probably will go in next week about tues/weds. currently 80g20f looking 100C next week. C seems to show the strongest chance of better increases in the short term. spring is around the corner and the merchants will need to think off hiring for summer(in minnesota its going to hit 40below windchill tonght must think warm thoughts).

a new week and it looks as though it wants to start off go up. still waiting for a pullback. want to jump into C maybe S this week but... alittle timid on the constant rise and that 1300 number for the C. i dont think the economy is strong enough to climb that high and maintain it. still thiking buy low sell high right now. but the rest of the month looks good on the seasonality chart. just cant seem to pull the trigger.

well we will see what the President has to say tonight and watch tomorrow charts of the C/S/I/F for the results. to me this will be a good indiction of wether or not people are listening to the news stations to make their decisions of where to invest. i think that if it goes up the President did well to convince the common man that the economy is going foward. if it goes down i think that the real investors are saying they know better and are preparing for a pullback so they can buy low to pull a profit until the normal March decline. i still cant pull the trigger to move to C/S waiting for a decent dip. staying where i am. not making much on the precentage of gains but gaining i am.

Im watching the transports. Futures today in the Nasdaq arent looking too cheery.

Holding G and DCAing into the I fund for now (like I can do anything else thanks to draconian TSP rules)

question for anyone. i have noticed that alot of the usual suspects on these threads have what appears to be info of what today has done and/or is doing before the market opens. how or where do one get this info. i may not be seeing or reading them right but it sure seems that they are looking at todays end results before they get here.

Originally Posted by goforit

question for anyone. i have noticed that alot of the usual suspects on these threads have what appears to be info of what today has done and/or is doing before the market opens. how or where do one get this info. i may not be seeing or reading them right but it sure seems that they are looking at todays end results before they get here.

I go here early morning to see what the market is doing. There is a link called "more" under Market Update and you could see the S&P and Nasdaq Futures premarket and see which direction the a going by seeing a post each 1/2 hour before 9 AM EST. S&P Futures -4.40, -4.80, -3.80, so a jump down in the markets but trending back up.

http://investing.money.msn.com/inves...market-summary

thanks. i did check it out it has up to date info. right now it shows the DOW down and the S&P/NASDAQ unchanged. no clue where it will go but i am waiting to see how people react to the Presidents "lets do it for the gipper" speech. i think the big companies have lots of cash and are sitting on so there for are not hiring so there for we will bejust hanging around.

Futures link I use...

http://noir.bloomberg.com/markets/stocks/futures.html