Thread: Epic's Account Talk

Good Morning...
Up checking futures and ran across this:
https://federalnewsnetwork.com/mike-...-need-to-know/
Not sure if anyone else already posted this already, so I thought I would.

Also, I'm not quite sure what the below quote from the article means. No limits on how many trades per month OR no limit on how many funds you can trade with the current 2 trades a month limit we have now. ?.?.?
"There will be no limit on trades once participants enter the window, though some specific funds may have their own, Nohe said."
What's the sense in having a mobile app with all the advantages such as live 24 hour chat and virtual assistant if you can still only make fund transfers twice a month? Does this app open the door to Hackers getting access to our accounts?

Just FYI, an extension of one of the indicator links I look at: https://www.tradingview.com/symbols/...1!/technicals/

Fear and Greed at 58 (GREED) up from 40 (FEAR) as of this post. https://money.cnn.com/data/fear-and-greed/
Is this FOMO money rushing in?? Do we have a Turnaround Tuesday tomorrow or maybe just flat?? How long will this last?

It sounds like they will allow unlimited transactions for anything within the "mutual fund window" limited only by the limits imposed by the mutual funds we may select from. I thought mutual funds were not as good as investing in EFTs. Will need to look into that....

Originally Posted by Epic

Also, I'm not quite sure what the below quote from the article means. No limits on how many trades per month OR no limit on how many funds you can trade with the current 2 trades a month limit we have now. ?.?.?
"There will be no limit on trades once participants enter the window, though some specific funds may have their own, Nohe said."
What's the sense in having a mobile app with all the advantages such as live 24 hour chat and virtual assistant if you can still only make fund transfers twice a month? Does this app open the door to Hackers getting access to our accounts?

Great start for the week, and just look at the end of day, strong up-tic in the northern direction on the C, S, and I fund charts. That's a confidence booster that momentum should carry over into tomorrow, but it is going to be Turnaround Tuesday, so that may offset things a bit. I remain optimistic though. We shall see......

All indicators that I check still show strength this morning, but one that I keep up with threw up a CAUTION flag yesterday. https://www.tradingview.com/chart/ES...-12-27-update/
If today and possibly tomorrow are a continuation of strong UP days, I may step aside and chill for a bit, waiting for the next cycle. Years ago, I used to be super aggressive with my moves, but I need to retrain my brain to be more conservative and try and sidestep any potential downside. Those hard and fast downturns HURT and seem to take forever to recover from. Like Ira says, "You don't need to be in ALL the time". Your time will come. Just wait for it.
I'll be watching things closely.......

Futures up slightly as of 6am https://www.investing.com/indices/indices-futures
Fear and Greed fell a few notches to 54 (Neutral) https://money.cnn.com/data/fear-and-greed/
Ira pointed out that the Vix is now fully embedded to the downside, which is Bullish.
watching closely ........

Pretty much the same start as yesterday. Futures are a tad higher, but nothing amazing. (click the links below) Vix is down.
Fear and Greed has gone up to 60 (GREED)
Maybe another flat day??
I'm contemplating how I want to be going into Jan. 2022. Right now I'm 70%S, 30%C with 2 moves left.
What will happen when the Pro's come back into the Market from their 2 week Holiday vacation?
Will they jump on the bandwagon and push things higher, or slam on the brakes?
What's the set-up??? I got nuthin........

Whelp, since C Fund dominated 2021 with it's 29.39% to date compared to 12.54% to date of the S Fund (https://www.tsptalk.com/tsp_share_prices.php), I'm gonna go 100% C today in preparation for the New Year and still have my 2 moves for the month of January. We'll see how this pans out.

New year, new money and new highs (per IRA).......... Time will tell.... Next week will be exciting :}