Thread: Bquat's Account Talk

Originally Posted by Mcqlives

I considered that also. It would probably be a short play but you would make a little more that way. My problem is that I would then be in the F at the start of the month and would second guess myself getting back into the markets.

Don't we do that anyway?

Guess we be watching the 50 Day battle. Some unexpected sideways movement in the S&P 500. Are we coiling for a bigger move?

Spidey's friends are worried about the 50 Day battle and wondering if enough gap was filled or we test the 100 day?

Originally Posted by Bquat

Don't we do that anyway?

Yes...but not near as much (IMO) as we do getting out of risk as we do getting into risk. Take your recent charts...depending on your "Glass half full" mindset you could be the typical person and go with being an optimist or a pessimist....as in:
A) see acceptable risk getting into equities;
B) see way too much risk to get into equities;

There is a third option...you could be the opportunist and drink the 1/2 glass of water when you can make the most of it. I like being the opportunist but find it is really hard to make moves when I feel "safe", am making a little money (F), and only have the 2 moves to play with.

All that being said...I am watching the sideways action but see some gaps to fill either direction. The downside is that they will fill quickly and then we will break out. And then we are back to the optimist vs pessimist discussion for direction.

Time to watch to see if something happens:

Weird I'm getting the oppisite move in the two funds:May have to redraw the C Fund.

Ok already, I'll try this: Any disagreement?

Still thinking a move to F Fund but I have two funds trying to prove me wrong.

Originally Posted by Bquat

Still thinking a move to F Fund but I have two funds trying to prove me wrong.

100 F Fund

I hate the deadline but had to trust my charts:

Good luck.

September passed and I didn't use a single IFT, because I am not a good market timer. I do have more money in the account than a month ago. Glass Half Full.

If I can't decide, best to do nothing and still wait for a clear signal. That was pretty bad news today, bad news is good news? Looks like programmed selling and buying right now.

Originally Posted by Bquat

I hate the deadline but had to trust my charts: