I feel your pain Rod. Been there many times myself. Sometimes I think we get it right every now and then only to give us hope, then Mr Market swoops in and beats us into submission...
I'm wondering if its insider selling because they just mentioned something about criminal charges against Amazon for lying to the G.
I feel your pain Rod. Been there many times myself. Sometimes I think we get it right every now and then only to give us hope, then Mr Market swoops in and beats us into submission...
"the biggest mistake that traders make is to let these short-term trades turn into longer-term investments when they don’t work." RevShark
Can you believe it?
Elon Musk tweets that TSLA stock is too high. SMH
Even if you agree with him, who does that?
And Mr. Market drags even lower. Will be a crap day for sure.
"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
If I were to do a course correction and IFT back to (G) at a 3% - 4% loss, then Mr. Market would regain that back on Monday.
But, if I don't IFT back to (G) (in hopes of a Monday turn-around), then the selling will continue on Monday.
Y'all know I'm right. That's how Mr. Market toys with us.
So, it's a lose-lose proposition. Therefore, I have to see this thing through.
But, I do fear that the S&P 500 will be below its 50-EMA (2823.02) at the close.
"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
It's not that bad right now at lunchtime. Both the S & P and the DWCPF are still within their upward channels. I"ll probably be wishing that I was more in the market come Monday. But, I didn't have much fun last month using both of my IFT's so early, so I'm going to see what next week brings.
He's a unique CEO and certainly doesn't do things traditionally...normally that works in favor of shareholders but not today unfortunately. By the way, I don't think he's wrong either but still surprising to see as the CEO of the company. Doesn't mean the SEC won't pay him a visit.
At least the S&P's 50-EMA is holding up.
Now that I've said this, it'll sink below it.
"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
S&P500 (C Fund) (delayed) (Stockcharts.com Real-time) |
DWCPF (S Fund) (delayed) (Stockcharts.com Real-time) |
EFA (I Fund) (delayed) (Stockcharts.com Real-time) |
BND (F Fund) (delayed) (Stockcharts.com Real-time) |
||
Yahoo Finance Realtime TSP Fund Tracking Index Quotes |
Bookmarks