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Thread: Whipsaw's Account Talk

  1. #3829

    Default Re: Whipsaw's Account Talk

    Agree! That's why I reduced exposure to 20% and still not sure about even keeping that in there, but its a comfortable exposure regardless of which way it goes. FOMC meets next Tues/Wed for more delightful "Fed Speak"!

    Best wishes to you and everyone*!
    Please don't take my comments as trading advice /IFTs: 2-26-21=100%S/ 2-1-21=50%S-50%G/ 1-25-21=G100%/ ChartLinks=Pg241-242,#2892-2895// www.theepochtimes.com

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  3. #3830

    Join Date
    Mar 2020
    Location
    Cape Cod
    Posts
    154

    Default Re: Whipsaw's Account Talk

    NAAIM actually went up today from 106 to 112. I think many people on TSPTalk have said that much of it is "baked in" and folks are looking further ahead than the here and now. Most of the reports I read said that Yellen is planning on keeping interest rates low. Hoping to ride the wave a bit longer and build that cushion. Good luck to all.

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  5. #3831

    Default Re: Whipsaw's Account Talk

    Quote Originally Posted by flalaw97 View Post
    NAAIM actually went up today from 106 to 112. I think many people on TSPTalk have said that much of it is "baked in" and folks are looking further ahead than the here and now. Most of the reports I read said that Yellen is planning on keeping interest rates low. Hoping to ride the wave a bit longer and build that cushion. Good luck to all.
    Is Janet Yellen back in the Federal Reserve? Jerome Powell is the Fed Chairman the last I heard. Boy this new administration moves fast.
    Allocations as of COB Dec 28 : 100% S. | Retirement Date:Dec 2022
    Past Returns:
    2020 31.85%,2019 27.97%,2018 -3.36%,2017 13.10%, 2016 -1.79%, 5Yr Avg 12.61%

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  7. Default Re: Whipsaw's Account Talk

    Quote Originally Posted by Cactus View Post
    Is Janet Yellen back in the Federal Reserve? Jerome Powell is the Fed Chairman the last I heard. Boy this new administration moves fast.
    Treasury Secretary not Fed Reserve Chair.

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  9. #3833

    Join Date
    Feb 2013
    Location
    Middangeard
    Posts
    3,152

    Default Re: Whipsaw's Account Talk

    I smell a rat!!!


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  11. #3834

    Default Re: Whipsaw's Account Talk

    Yellin already made comment this morning that things would remain the same...but she no longer speaks for Fed as she will be Treasury Secretary, or so I understand.
    Please don't take my comments as trading advice /IFTs: 2-26-21=100%S/ 2-1-21=50%S-50%G/ 1-25-21=G100%/ ChartLinks=Pg241-242,#2892-2895// www.theepochtimes.com


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  13. #3835

    Join Date
    Mar 2012
    Location
    Hampton Roads, VA
    Posts
    3,126

    Default Re: Whipsaw's Account Talk

    I'm probably buying this 'dip' today. Its not making sense to sit on the sidelines and miss 20% in gains to avoid a 10% dip. Call me crazy. Of course, that would mean the bottom falls out on Monday.
    100% S

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  15. #3836

    Default Re: Whipsaw's Account Talk

    I'm still bullied up 100% S.
    Ride the wave till it pulls back!


    Sent from my iPhone using Tapatalk

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  17. #3837

    Join Date
    Mar 2012
    Location
    Hampton Roads, VA
    Posts
    3,126

    Default Re: Whipsaw's Account Talk

    Going to hold until Monday :-/ No telling what will break in the news over the weekend. Have a great weekend everyone!
    100% S

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  19. #3838

    Join Date
    Feb 2013
    Location
    Middangeard
    Posts
    3,152

    Default Re: Whipsaw's Account Talk

    Quote Originally Posted by Whipsaw View Post
    Going to hold until Monday :-/ No telling what will break in the news over the weekend. Have a great weekend everyone!
    You as well Whipsaw. I am currently 80G, 10C and 10S and holding that position.


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  21. #3839

    Join Date
    Mar 2012
    Location
    Hampton Roads, VA
    Posts
    3,126

    Default Re: Whipsaw's Account Talk

    Thanks RF! I need to remember that I'm my own best contrarian indicator!
    100% S

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  23. #3840

    Join Date
    Mar 2012
    Location
    Hampton Roads, VA
    Posts
    3,126

    Default Re: Whipsaw's Account Talk

    And there it goes...
    100% S

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