Thread: Whipsaw's Account Talk

Thanks DBA; listening to some of the talking heads on CNBC and others, consensus is to buy the dip. So that said, I moved my other investment account into the growth portfolio out of capital preservation, and holding steady on TSP. All I can say right now is... Futures are UP!

And just like that, I was -6.00%.

whewwww... So glad to see buyers stepping in this morning. I am thinking to buy in ..not sure how much. No idea if we see dead cat bounce to then drop lower for better buyin price. Just thinking about reserving some powder. But its early in day....watching to see how market looks right before noon. That does appear like you made a good move to buy into growth portfolio. Best wishes to you and everyone!!!!!!

Originally Posted by Whipsaw

Thanks DBA; listening to some of the talking heads on CNBC and others, consensus is to buy the dip. So that said, I moved my other investment account into the growth portfolio out of capital preservation, and holding steady on TSP. All I can say right now is... Futures are UP!

Futures are up! For what its worth... :-/ Rode the beast down, now to figure out if we're bottoming or otherwise. I'm thinking along the lines of CH, market manipulation for political ends... the timing is very suspicious to me. So, may be an approach to get out on an up day and look for a good down day to try a few swing trades to dig out of this hole I'm in. Been on the road this week so didn't get to stay tuned in, the talking heads were, and I think still are, bullish with the underlying economy and that we will continue to recover, volatility not withstanding.

This morning Charles Payne said that today's rise should extend into next week and I think if we do well next week we could really rise through to the end of the month. I do agree the political & global environment is pretty significant. Have a good weekend!

HI WS, I am debating exit out of S fund (in it 40%). Might stay in C fund (20%). Just don't know. Looks like it is forming an inside day type candle and that is somewhat neutral---but the S fund candle (intraday) is rather small in comparison to yesterday's large red candle. So that is a bit bearish. An inside candle is neutral but supposed to also look at volume and the size of the candle in comparison to the prior day. But.... while I like to look at the wick or tail to try to figure out market psychology and direction. Sometimes that works and sometimes it doesn't. As for next week, no idea what the future holds.... Eventually we will go up … the question is when. Also, are we going to move down further to test support before we go up and how long will it take???? hum.... but what I am noticing is that the yield on 10-yr Treasury note (TNX) has upward moment (intraday) and has risen a bit today... and that has not been good for equities as of late. but...Yesterday it had a down day... but equities dropped... go figure!


Best wishes to you!

Decision made ...I am exiting 100%. There! Now the market can go up all it wants! :blink
Can't take it no more! I did study charts and tried to not be emotional... I see candles struggling and upper wicks (buyers) getting stepped over by bears. S fund is not up much now .21% gain. I guess I am just seeing weakness. But who knows maybe it opens it up for strength next week????? I dunno…. I am out! I will take what little I got and find the exit door.

Hope you and everyone has a great weekend and Best wishes on your investments!!!! See you in November.

Discretion is the better part of valor? Maybe... IFT to G COB. Suspect a test of the lows for a jump back in next week. Or buy higher

Always tough to lock in a loss, but I have seen you dig out before and have every confidence you will do it again. Hang in there. Things will get better.
It's Friday and my clock says it's beerthirty....

Now that I'm out, futures are up, of course... :-/

Originally Posted by Whipsaw

Now that I'm out, futures are up, of course... :-/

Just as suspected, opened up then falls like a rock. This market is not looking good. Meanwhile the G Fund is making 3%

3% is looking real good right now!