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Thread: Rod's Account Talk

  1. #1081

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    Exclamation Re: Rod's Account Talk

    Please keep in mind...

    At this point, according to the futures, tomorrow might be looking like another bloodbath to some of you. But, if the past is any indicator, the futures haven't meant squat lately. The only thing that matters tomorrow is the closing bell. In the meantime, let's hope for that overdue relief rally which I (and most of you) am anticipating in the very near future.
    "Treat your wife with honor, respect, and understanding as you live together so that you can pray effectively as husband and wife." 1 Peter 3:7

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  3. #1082

    Default Re: Rod's Account Talk

    Agreed...and tomorrow may be the day. But the timing is rough with our limited trades. Even if I was in equities, I don't think I would hold in C or S over the weekend with the news cycle running like it is....and then you are starting the month out of the markets with only the 2 moves. As it is I believe I will be in G as of tomorrow COB (From 50/50 G/F) and wait this out. If smart money (CH uses NAAIM) starts going bearish in any significant way then how many dip buyers are going to show up on Friday? Add in the ^DJT (kudos to Toms Commentary tonight!) and more warning is seen. Caution is warranted but I hope everyone on here makes money!!!

    Good Luck!

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  5. #1083

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    Thumbs up Re: Rod's Account Talk

    Quote Originally Posted by Mcqlives View Post
    Agreed...and tomorrow may be the day. But the timing is rough with our limited trades. Even if I was in equities, I don't think I would hold in C or S over the weekend with the news cycle running like it is....and then you are starting the month out of the markets with only the 2 moves. As it is I believe I will be in G as of tomorrow COB (From 50/50 G/F) and wait this out. If smart money (CH uses NAAIM) starts going bearish in any significant way then how many dip buyers are going to show up on Friday? Add in the ^DJT (kudos to Toms Commentary tonight!) and more warning is seen. Caution is warranted but I hope everyone on here makes money!!!

    Good Luck!
    Very true. I realize I was taking a chance when I IFT'd to (C) and (S) today hoping to catch that relief rally, hopefully with some follow-through. But, at this time tomorrow, I may very well be down +2% for the day instead. Then I will find myself hoping for that relief rally to occur on Friday. Yes, it's impossible to time these things. That's why I simply decided to stick with my original plan and make an IFT today. I was a bit nervous going forward. But, sometime you must become your own contrarian. I'll soon discover if I made the right move. If I did, I'll be thankful. If I did not, I'll try and learn from it.

    God Bless
    "Treat your wife with honor, respect, and understanding as you live together so that you can pray effectively as husband and wife." 1 Peter 3:7

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  7. #1084

    Default Re: Rod's Account Talk

    Love it! Hope your contrarian plan makes money. Good luck!!!!!

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  9. #1085

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    Thumbs up Re: Rod's Account Talk

    Quote Originally Posted by Mcqlives View Post
    Love it! Hope your contrarian plan makes money. Good luck!!!!!
    Eventually... in time. But, I might lose some first. It's all good though, because I plan to have this account untapped for at least the next 20 years. I am not relying upon it whatsoever in old-age retirement. Therefore, plenty of time to make up for any "losses." It's my "Mad Money" account!
    "Treat your wife with honor, respect, and understanding as you live together so that you can pray effectively as husband and wife." 1 Peter 3:7

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  11. #1086

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    Default Re: Rod's Account Talk

    Hard to say how this day will go. Futures are down over 1%, but it is on "below average" to "light volume." At least according to my TD account.
    "Treat your wife with honor, respect, and understanding as you live together so that you can pray effectively as husband and wife." 1 Peter 3:7

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  13. #1087

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    Default Re: Rod's Account Talk

    Well, hello there Mr. Correction. I have been expecting you. But, be easy on me because I took one for the team in order to buy in lower than what I sold.

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  15. #1088

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    Exclamation Re: Rod's Account Talk

    Paging Mr. Relief Rally... you're late. But, you can make it up by kicking Mr. Correction to the curb. I'll then forgive you. I'll even forgive you if you decide to show up tomorrow or Monday. But, if you show up on Monday, you had better be packing at least 3% followed by another 2% follow-through on Tuesday. I'll then leave you alone by IFT'ing to (F) or (G).
    "Treat your wife with honor, respect, and understanding as you live together so that you can pray effectively as husband and wife." 1 Peter 3:7

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  17. #1089

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    Exclamation Re: Rod's Account Talk

    Yep... like I said yesterday.

    Quote Originally Posted by Rod View Post
    Very true. I realize I was taking a chance when I IFT'd to (C) and (S) today hoping to catch that relief rally, hopefully with some follow-through. But, at this time tomorrow, I may very well be down +2% for the day instead.
    But, the closing bell has not dinged dinged yet, right?
    "Treat your wife with honor, respect, and understanding as you live together so that you can pray effectively as husband and wife." 1 Peter 3:7


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  19. Default Re: Rod's Account Talk

    Quote Originally Posted by Rod View Post
    Yep... like I said yesterday.



    But, the closing bell has not dinged dinged yet, right?

    Good luck, I don't feel as confident as you, 100%G until we see a turn of at least 1-2 %.

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  21. #1091

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    Exclamation Re: Rod's Account Talk

    Quote Originally Posted by robertbr1963 View Post
    Good luck, I don't feel as confident as you, 100%G until we see a turn of at least 1-2 %.
    Even then, we would have by no means hit bottom. That 1-2% you are looking for is the relief rally I am attempting to catch without losing 2% in the process. We are headed down much further.
    "Treat your wife with honor, respect, and understanding as you live together so that you can pray effectively as husband and wife." 1 Peter 3:7

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  23. #1092

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    Default Re: Rod's Account Talk

    If you've been riding this entire thing down, I suggest that you not capitulate because you may very well get out just when a relief rally/recovery is on the horizon. It usually seems to happen that way.
    "Treat your wife with honor, respect, and understanding as you live together so that you can pray effectively as husband and wife." 1 Peter 3:7

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