Thread: Whipsaw's Account Talk

Originally Posted by Whipsaw

I need to get back in at some point.

For some reason a lot of underinvested members in the TSP Talk AutoTracker are using today to get back into the market.

Originally Posted by TommyIV

For some reason a lot of underinvested members in the TSP Talk AutoTracker are using today to get back into the market.

I certainly understand that level of frustration when you see the markets taking off without you, but with cash paying 4-5% this year that bitter pill is easier to swallow.

I caught the big move, making me positive for the year, not seeing the retrace expected after the UBB breach is a bummer. Will wait to see if we get a post holiday reversal. I don't think the weakness we saw the other day was significant at all. Still, lots of dojis and spinning tops over the past week.

Happy Thanksgiving, Everyone! Looking forward to a hearty turkey food coma!

Happy Thanksgiving, Whipsaw!

I trust everyone enjoyed Turkey Day. Today's action looks good, my inclination is to jump in (would do a partial if we had more IFTs) though I'm looking at the consolidation, the declining MACD divergence, the high F/S stochs... going to wait another day or two. I should have one more IFT to move back in. I should go with my gut. It's too late now to get in and submit anyway.

Hmmmmmmmmmmmmmm....

Originally Posted by Whipsaw

I trust everyone enjoyed Turkey Day. Today's action looks good, my inclination is to jump in (would do a partial if we had more IFTs) though I'm looking at the consolidation, the declining MACD divergence, the high F/S stochs... going to wait another day or two. I should have one more IFT to move back in. I should go with my gut. It's too late now to get in and submit anyway.

DON"T do it...closer to a 3% healthy pullback, than another 3% upward move, IMHO.

Originally Posted by FireWeatherMet

DON"T do it...closer to a 3% healthy pullback, than another 3% upward move, IMHO.

I would agree with FWM on this. The Risk vs. Reward is favoring risk.
I am however still cautiously optimistic and standing by for that 3% healthy pullback.

Hah. Welp Whipsaw & FWM: I'm retired 2years now, not paying close attention to the Markets daily lately & adverse to serious TSP gambling (moved about 80% of TSP to IRAs too). So, appreciate reading your thoughts & assessments! I've been 90% G of late, decided to go part-into CSIF today over 50% now... was worried but after reading today's Commentary by Tom along with you're posts and JTH's, I figure markets may keep melting up, & I'm tired of waiting the last 3-weeks for a drop that doesn't appear to be happening, so I'm foller'n ya in there Whip, I think. Will try to watch closely & if a significant drop seems to be happening - I can IFT back to G with one IFT left in DEC to go back to CSI.

It seems to me that the 'drop' may be playing out with the sideways movement, watching closely as well. Last day of the month for using my last IFT... On the chart I stole from DBA, the slow stochs are declining and the RSI is embedded, looking like an entry, considering NAIIM is 'moderately bullish,' and the center channel positioning in the charts posted by JTH yesterday.

S&P 500 Index, SPX Advanced Chart - (S&P US) SPX, S&P 500 Index Stock Price - BigCharts.com (marketwatch.com)

All but one on the AT moved to the lilly pad today, as well as several yesterday. I'm likley going to let this last IFT go and give this another day or two.