Thread: Whipsaw's Account Talk

Daily, charts are looking good for an entry, weekly... eeeeehhhh.... Monthly appears flat with a downward bias longer term (won't have a good read until April prints a close for the month). Was considering a move in, then got distracted by work.

I was thinking only a short stay in the market. The transportation market (in the dumps since second half of 2021) appears to be setting the tone for the latter half of 2022 and first half of 2023. It is probably saying a consumer pullback will happen across the board including housing, auto sales, consumer products, and discretionary spending like RV and travel vacations. Consumers likely to be more picky on supermarket goods as well (I have already started). In any case…if we don’t get a handle on inflation or get some resolution on the Russua/Ukraine conflict…likely will see deeper negative returns this year. Which is why I went Carpe Diem yesterday. Get in and out like a bandit until we get some resolution on these global problems. I still have the silver TSPTalk coin as a reminder this year…”Friends don’t let friends Buy and Hold”. 🤣🤣🙃 That phrase has been dormant for years but I expect it to be in vogue the remainder of this year and possibly early into next year.

Whipsaw and Felix, Thank you for very good observations!

Originally Posted by felixthecat

I was thinking only a short stay in the market. The transportation market (in the dumps since second half of 2021) appears to be setting the tone for the latter half of 2022 and first half of 2023. It is probably saying a consumer pullback will happen across the board including housing, auto sales, consumer products, and discretionary spending like RV and travel vacations. Consumers likely to be more picky on supermarket goods as well (I have already started). In any case…if we don’t get a handle on inflation or get some resolution on the Russua/Ukraine conflict…likely will see deeper negative returns this year. Which is why I went Carpe Diem yesterday. Get in and out like a bandit until we get some resolution on these global problems. I still have the silver TSPTalk coin as a reminder this year…”Friends don’t let friends Buy and Hold”. 藍藍 That phrase has been dormant for years but I expect it to be in vogue the remainder of this year and possibly early into next year.

I am so far down the rabbit hole I have to try and stay the course. Right now I need 15% just to get back to January 1st. I just have to be careful because I can't go from rabbit hole to black hole.

I took a big hit too jumping in when I shouldn't have and not getting out when I should have. I've since made up most of that loss - still in the hole, but not so bad. I'm going to look forward to a gaining strategy instead of chasing to make up that loss. I tried that before in '08 and took an even bigger beating.

Dang, didn't see further downward movement today; Dennis Gartman was on the local am station this morning, he said we're in a bear market and wouldn't put any additional monies into equites; to look for high dividend stocks; he who loses the least wins... FWIW.

Wishing everyone a blessed Good Friday and a Happy Easter!

The C fund chart was looking like an entry point, but with the decidedly south turn just now, that idea is out the window for the time being. - from the lily pad... WS

Of course, the downturn reversed post noon... yesterday was the day to get in apparently... no entry today due to work related focuses!

I just basically said the same thing. No trust. We’re in a huge lake right now and it’s white capping. In the the distance though, while at the top of a crest, we see the potential that might be rewarded with patience.

Happy 4/20 a day early.


Scott Harrison
Senatobia, MS

Today's action, and likely tomorrow's, will take me down a few slots on the AT. I'm so glad TSP will have 'A fresh look and feel. Convenience. Easy navigation' rather than greater control over asset allocation./SARC/