Thread: Rod's Account Talk

Originally Posted by nnuut

I like the way you talk Rod, from experience!

LOL

Per Stock Trader's Almanac, Feb expiration day (16 Feb) was a Dow down day 5 of last 7. The trading day before President's Day (16 Feb) was UP on the S&P 500 only 8 times in the last 31 years.

This equates to a bearish Friday. Also "bear" in mind, the BOJ (Bank of Japan) will be meeting next Tuesday & Wed. They will more than likely raise interest rates. Might not be a great time to be in (I).

Historically, this week is overall bullish (as we have seen) and next week is bearish (yet to be known).

Remember, US markets are closed on Monday. So, ensure your trades are in prior to noon on Friday for Tuesday.

God Bless

Thank You.... Just a question, the I Fund will be traded on Monday?

Thanks

john

Originally Posted by Gaetaone

Thank You.... Just a question, the I Fund will be traded on Monday?

Thanks

john

OSM (Overseas markets) will be open on Monday. Any positive action there should carry over into the (I) for Tuesday. I usually play the (I) on days US markets are closed. But I'll be sitting things out in (G) this time around since (I) is due for a sell-off soon. Even if (I) wasn't due to sell off, I'd probably still sit it out because of the BOJ meeting T&W.

I'm thinking the (C) is just too attractive to pass by.

It hasn't been this low since the first week of December.

Since I'll be TDY the next couple weeks, along w/ studying/testing for promotion, it just may be the ideal resting place for me.

I may have to give the USM a couple more days though to digest.

God Bless

I'm 100 (I) at least through tomorrow.

These are my thoughts...

The OSM will react positively IF USM hold their ground today and do not sell-off this mini-rally later this afternoon. That's the "gamble" I am taking. Heck, that's the gamble we ALL take since we have to IFT prior to noon.

If the (I) is UP tomorrow along with the USM, then I may hold it for another day.

But, I plan on being back in (G) COB Friday.

Good Luck & God Bless!

100 (G)

I made a mistake yesterday going 100 (I).

I should have waited for at least a couple UP days before pulling the trigger to allow for this bottom to form.

Go here for more comment:

http://www.tsptalk.com/mb/showthread.php?t=3930&page=70

God Bless & Good Luck with your trades.

PEER PRESSURE!!!!

Cancel 100 (G).

Going:

60 (C)

40 (S)

God Bless!

I've decided to seek weekend shelter.

100 (G)

God Bless

Note to self:

Wait it out at least a week after the next big sell-off...

K... back to studying for promotion...