Thread: ask tom

Awesome! Thanks Tom!

That was not only fast, it was a great idea ! Thanks to
both RPM and Tom. It was one of those ideas which cried
out; "why didn't I think of that ?",,,,,, EXCELLANT !!!!!!!!!

Tom,

If you had gone 100% C-fund on Aug 25th (having lost 4% as of today COB), would you go to safety (G-fund) tomorrow?

Thanks

Tough call. We could have a temporary rally here (couple of days). Maybe waiting for a rally toward 20/50 day moving averages would be better.

Originally Posted by tsptalk

Tough call. We could have a temporary rally here (couple of days). Maybe waiting for a rally toward 20/50 day moving averages would be better.

So that would be ~1260, which is a move up of 50 points, right?

Tom,

Any suggestions how to play triple-witching Friday?
Is it even a factor?

I'm not sure Mo. Expiration day is not always wild. It depends on strike prices and where the volume is on each side. I am more worried about post options week than Friday. But it depends on the action leading up to it.

Sorry I couldn't be more helpful.

Tom

"Expiration day is not always wild. It depends on strike prices and where the volume is on each side. I am more worried about post options week than Friday. But it depends on the action leading up to it."

Thank you for the input.

Tom:

I have been pondering the points that Birch has been pounding about the number of shares you own, and don't know whether or not your system of tracker % does take that into account. On appearance, it seems to be based solely on the share price, not the number of shares.

I know that last year, when I was moving in and out of the market a lot, sometimes my balance is higher than before, but my actual number of shares is lower. The higher balance is purely due to the higher share price, but then if I had hold the previous higher number of shares, my balance would have been even higher.

Does the higher % implicitly mean that you have more shares? Is there some spreadsheet that you have that keep track of both? What am I missing?

Thanks,

Hi RPM. The number of shares is really meaningless. It's the account balance that is important. I don't care if I have 100 shares worth $50 or 1000 worth $5, it is still a $5000 account. Those share prices will go up and down in the same percentages. i.e. - If both shares went down 10%, you'd have $4500. The $5 shares are now worth $4.50, and the $50 are worth $45.

When a company splits their stock, the shareholder gets 2 times the number of shares at half the price. There is no real gain to anyone's account.

If someone really just wanted more shares, they should just get into the cheapest fund. Would you rather own 100 shares of IBM or 1 share of Berkshire Hathaway?

Hope that helps.

Tom,

Could you tell why I have only one black reputation dot while I have posted over a 600 times? You have 7 green ones.

Thanks,
Greg