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Thread: ravensfan's Account Talk

  1. #1729

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    Default Re: ravensfan's Account Talk

    So huge up day on Monday and barely negative today in the S&P500. Me thinks this is a sucker rally...

    Nope, not going to take the bait.

    Good luck everyone!
    I pride myself on the fact that I will never have a cheesy "uplifting" quote in my signature block...Ever!

  2.  
  3. #1730

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    Default Re: ravensfan's Account Talk

    I'm tempted to try again if we get back to the bottom of this flag-looking channel, which wouldn't necessarily be a test of the lows. However, I do think there's a good chance we'll test lows eventually when more unemployment numbers come out, there are flare-ups with the virus after most of us have let our guard down, terrible earnings reports, etc. Between now and any test of the lows, should I enter the market, I'll be very cautious. If I catch one of those furious rallys, I'd likely take the money and run.

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  5. #1731

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    Default Re: ravensfan's Account Talk

    Quote Originally Posted by rangerray View Post
    I'm tempted to try again if we get back to the bottom of this flag-looking channel, which wouldn't necessarily be a test of the lows. However, I do think there's a good chance we'll test lows eventually when more unemployment numbers come out, there are flare-ups with the virus after most of us have let our guard down, terrible earnings reports, etc. Between now and any test of the lows, should I enter the market, I'll be very cautious. If I catch one of those furious rallys, I'd likely take the money and run.
    Check out Pivotboss Technical Analysis that nnuut posted yesterday. He talks about that channel you mentioned. Waiting till we get back to the bottom of the channel before making another attempt myself.

    Good luck!!!
    I pride myself on the fact that I will never have a cheesy "uplifting" quote in my signature block...Ever!

  6.  
  7. #1732

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    Default Re: ravensfan's Account Talk

    I did watch it and this mornings pre-market analysis as well. I'm afraid his other scenario might be playing out now, which leaves me confused. But, I'm usually confused. I suffer from FOMO like all the rest, so it was easier to stay put until I saw today's close. Naturally, I'm reluctant to make a move over the weekend. Perhaps they need to coin a new acronym: AFHMO (Anxiety From Having Missed Out).

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  9. #1733

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    Default Re: ravensfan's Account Talk

    Remember back in the day when the G fund was giving us a gain of 0.05% per week. So far this month, 0.02%. Of course back in 2006, the average monthly gain was 0.40%. My how times have changed...

    Good luck everyone!!!

    Okay, so where do I order my "I survived Corona 2020" tee shirt???
    I pride myself on the fact that I will never have a cheesy "uplifting" quote in my signature block...Ever!

  10.  
  11. #1734

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    Default Re: ravensfan's Account Talk

    Quote Originally Posted by ravensfan View Post
    Okay, so where do I order my "I survived Corona 2020" tee shirt???
    Invest to print a few thousand to sell to everyone and yourself?

  12.  
  13. #1735

    Default Re: ravensfan's Account Talk

    Quote Originally Posted by ravensfan View Post
    Remember back in the day when the G fund was giving us a gain of 0.05% per week. So far this month, 0.02%. Of course back in 2006, the average monthly gain was 0.40%. My how times have changed...

    Good luck everyone!!!

    Okay, so where do I order my "I survived Corona 2020" tee shirt???

    The G fund is a joke but were else can you put money in hopes of not loosing it. You can get the same return putting money under your mattress. At least there it acts as insulation and you might save a few dollars on your electric bill. I wish the TSP gods would come up with some other type of fund that is pretty safe and has a return. The Fed has made it so that we are forced to take on risk. If I had years to go before retirement I may not mind as much but I am only a few years away and I hate gambling the possibility of having to push my target date out. I seen that happen to people in 08 who ended up having to a few years more after that crash.

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  15. #1736

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    Default Re: ravensfan's Account Talk

    Quote Originally Posted by ravensfan View Post
    Remember back in the day when the G fund was giving us a gain of 0.05% per week. So far this month, 0.02%. Of course back in 2006, the average monthly gain was 0.40%. My how times have changed...

    Good luck everyone!!!

    Okay, so where do I order my "I survived Corona 2020" tee shirt???
    I remember when the "G" fund was 6-8% per year.
    May the force be with us.

  16.  
  17. #1737

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    Default Re: ravensfan's Account Talk

    The other day I made a joke about getting a tee shirt that read "I survived the 2020 Corona virus. Look what I found today...

    Toilet Paper Shortage.jpg

    I make a joke and someone else makes a buck. Guess that's why I'll never be part of the 1%...
    I pride myself on the fact that I will never have a cheesy "uplifting" quote in my signature block...Ever!


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  19. #1738

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    Default Re: ravensfan's Account Talk

    Today's drop is a tempting buy, but with oil being the big drag on the market, I'm not comfortable making a move. But I could be a buyer if the S&P hits 2500...
    I pride myself on the fact that I will never have a cheesy "uplifting" quote in my signature block...Ever!

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  21. #1739

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    Default Re: ravensfan's Account Talk

    Ugh...another day of retirement, another day of quarantine. Not exactly how I envisioned my golden years to play out...

    On the good side though, thank goodness for "Classic Nascar" and the NFL Network. At least my guilty pleasures are being fed.

    Looking forward to the NFL draft on Thursday.

    Be safe everyonewash your hands and practice social distancing...
    I pride myself on the fact that I will never have a cheesy "uplifting" quote in my signature block...Ever!

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  23. #1740

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    Default Re: ravensfan's Account Talk

    Well it wasn't a game, but it sure was exciting to watch the 2020 NFL Draft and forget about the market and all the political mud slinging for awhile. And of course, my Ravens cleaned up as usual.

    Just hope this Corona Virus is in the rear view mirror by the time the season starts.

    Okay everybody, stay safe and wash your hands...
    I pride myself on the fact that I will never have a cheesy "uplifting" quote in my signature block...Ever!

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