Thread: Squalebear's Account Talk

SOMEONE PLEASE TELL ME WHY I'M MAKING A MISTAKE BY BAILING TO THE (g) FUND TODAY. I WON'T TAKE IT AS PROFESSIONAL ADVICE, I'LL TAKE IT AS A HONEST OPINION. I ALREADY DID A IFT, BUT, I CAN CANCEL IT SHOULD I BE MISSING SOMETHING !

Originally Posted by squalebear

SOMEONE PLEASE TELL ME WHY I'M MAKING A MISTAKE BY BAILING TO THE (g) FUND TODAY. I WON'T TAKE IT AS PROFESSIONAL ADVICE, I'LL TAKE IT AS A HONEST OPINION. I ALREADY DID A IFT, BUT, I CAN CANCEL IT SHOULD I BE MISSING SOMETHING !

I don't want to feel responsible for anyone else's choices, but if I were in right now, I would wait a day or two to bail. Even a dead cat will bounce and I expect something dramatic from the Fed today or tomorrow. Then, definitely sell the rally.

Originally Posted by Pilgrim

I don't want to feel responsible for anyone else's choices, but if I were in right now, I would wait a day or two to bail. Even a dead cat will bounce and I expect something dramatic from the Fed today or tomorrow. Then, definitely sell the rally.

Agree with you, Pilgrim.

Originally Posted by Pilgrim

I don't want to feel responsible for anyone else's choices, but if I were in right now, I would wait a day or two to bail. Even a dead cat will bounce and I expect something dramatic from the Fed today or tomorrow. Then, definitely sell the rally.

STRONG POINT, MESSAGE RECEIVED !
THANKS A BUNCH PILGRIM & PRESSKH,
ANYONE ELSE HAVE A OPINION.

Originally Posted by squalebear

SOMEONE PLEASE TELL ME WHY I'M MAKING A MISTAKE BY BAILING TO THE (g) FUND TODAY. I WON'T TAKE IT AS PROFESSIONAL ADVICE, I'LL TAKE IT AS A HONEST OPINION. I ALREADY DID A IFT, BUT, I CAN CANCEL IT SHOULD I BE MISSING SOMETHING !

My dear friend Squale, take a deep breath. We can't day-trade; the lag time between request and response, and the IFT handcuffs won't allow that. So we have to think timeframes of swing-trade at best. Someone else said sell the coming dead-cat bounce and that makes sense to me.

And I don't have a crystal ball. If I did, my actual account would be a lot higher than the +0.16% that it is for the year! But my gut and some chart fundamentals tell me that equities are going to go lower before they turn around. Maybe an S&P loss of up to 20% more?

Please ask yourself one overriding question: Would I rather be in equities and have them fall an additional 20%, or would I rather be out of equities if they finally turn bullish and miss the first 5% to 10% rise? Maybe the answer to that question will let you feel more at peace with whatever you decide.

Lady

Originally Posted by squalebear

STRONG POINT, MESSAGE RECEIVED !
THANKS A BUNCH PILGRIM & PRESSKH,
ANYONE ELSE HAVE A OPINION.

Squale,

If I had 10 years or more, I'd jump in today or stay in, but I'm 4.5 years away and CP is important right now. Just an uneducated opinion from a fellow fed.

CB

In all seriousness, I cancelled my IFT and wanted someone to tell me that
I was finally right about something this month. Today is already locked in
stone. So tomorrow could bring a DCB or a Fed Rate Cut. If I bail now I've
sold the farm and locked in a loss. So I'm holding onto hope and a noose.
Lets hope I can save the noose for roping in some gains. Thanks for the
opinions, I feel a little better about my decision. Emotional Judgements
tend to be wrong, but this sure is one uuuuugly day to get ballsy.

Originally Posted by CountryBoy

Squale,

If I had 10 years or more, I'd jump in today or stay in, but I'm 4.5 years away and CP is important right now. Just an uneducated opinion from a fellow fed.

CB

Thanks CB, if I'm being honest, I have 1 year 289 days until eligability at
age 52. But if I must stay until Mandatory Retirement Age (LEO) 57, I just
might have to do it. That is what is in the balance for me. Prison Bites !

Originally Posted by XL-entLady

My dear friend Squale, take a deep breath. We can't day-trade; the lag time between request and response, and the IFT handcuffs won't allow that. So we have to think timeframes of swing-trade at best. Someone else said sell the coming dead-cat bounce and that makes sense to me.

And I don't have a crystal ball. If I did, my actual account would be a lot higher than the +0.16% that it is for the year! But my gut and some chart fundamentals tell me that equities are going to go lower before they turn around. Maybe an S&P loss of up to 20% more?

Please ask yourself one overriding question: Would I rather be in equities and have them fall an additional 20%, or would I rather be out of equities if they finally turn bullish and miss the first 5% to 10% rise? Maybe the answer to that question will let you feel more at peace with whatever you decide.

Lady

My Lady brings me Peace ! Love ! and Happiness !

Wow whatever happened to the pop?

This market is killing us this month...

My thresh hold for pain is reaching critical levels...

Originally Posted by squalebear

Thanks CB, if I'm being honest, I have 1 year 289 days until eligability at
age 52. But if I must stay until Mandatory Retirement Age (LEO) 57, I just
might have to do it. That is what is in the balance for me. Prison Bites !

Squale,

I'm only 2 years from my MRA, so I could go out sooner. The 4.5 year figure is my 28th year of service, so I'm just kinda splitting the difference between 56 and 60. I'm checking to see what my options are at 56 and if I can swing it, I'm outta here. My job bites, but I'm sure not near as bad as yours. I'm just in burnout mode and want to spend more time living than working.

CB