Re: James48843 Account Talk
Too late for your decision today, just something to bounce against. I'm kinda like Mamikin (congrats, I gave ya your 1st "like") as too close to Rtmt (2yrs) & I'm pretty conservative; approaching $3/4M & don't wanna lose a bunch in the big drop I'm sure will come w/in 2-years.
So, I was in up above my knees with a mix if CSIL's, 20%F, the rest in G; did IFT Jan 30th pulled 8%F & all but my feet in the rest - back to G. Today, went back "in" mix of funds up to my knees +8% back to F (mostly sitting on G-pad).
My thoughts (no expert here, I combine lot's of what y'all share)... Fridays have been down lately some, yesterday's mixed results are with that to me; I too think the China-flu scare is over-hyped & over next week or so market will shrug-it; F is looking pretty good (yields bear-flag) + will go up if equities drop (safety play); per Coolhand & Tom, this wacky-market still leaning bullish, breadth & other indicators looking OK, volumns increased a little from the few-days of slump. There's some risk of an event over long-weekend but I figured, buy in when a little "low" today (my guess) and hope for some gains in 1st 2-3 days next week, see how it looks & maybe us 2nd IFT to pop-out if things don't look good.
Best of luck w/your decision James...
Re: James48843 Account Talk
My nose is twitching. Used my 2nd IFT to move to 60% ="G", 25%=F, and then the remaining 15% into the L-Income fund.
Good luck. (Hand me a klenex).
Re: James48843 Account Talk
Ahhh. Ahhhh...Aahhhhhh CHOOO!
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Re: James48843 Account Talk
Quote:
Originally Posted by
James48843
bless you. Keep those funds safe. Working on a slight cold myself. Don't forget to wash your hands. Do you prefer Kleenex or Puffs? I like Puffs.
Re: James48843 Account Talk
Ok- looking quickly at the charts this morning, I’m seeing a minor resistance point on the S&P500 to be located at around 3080, and, if that doesn’t hold, the next major resistance point downward is located at around 2950-2975.
The uptick in overnight futures is definitely a fake-out. Not yet the time to jump back in. I’m out of moves for the month. THIS is where I WISH I had a third move. I don’t know if the opportunity will stretch into March, but it is possible.
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Re: James48843 Account Talk
Re: James48843 Account Talk
Think " fill the gap @ 2950"!!
Re: James48843 Account Talk
Quote:
Originally Posted by
nnuut
Think " fill the gap @ 2950"!!
I’m pretty confident (65-70%) that your words will be obeyed, but it’s not going to happen for a couple of days, I think. This downward cycle is going to be a rather large one, because the trip up higher was longer than usual.
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Re: James48843 Account Talk
Ok- so here is a strange question-
Do you think the software programmers were smart enough to remember the fact that February of 2020 is a leap year and has 29 days?
Or do you think they built into the system that February always ends with 28 days? (And unexpectedly give a one-day early new set of moves in the TSP? )
There is a high likelihood that the software timer is built on the month, and not the day field, so that we won’t get an early bonus.
There is also an equal chance that the software programmers programmed in the concept of leap year.
However, there is a small chance they may have built the software to think February always has 28 days.
I think I will make a try on the 29th just to see what happens. I’m out of moves now, but I’ll be curious to probe and learn characteristics of software design for future use.
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Re: James48843 Account Talk
The 29th is a Saturday. Wouldn't that be COB 3/2 anyway?
Re: James48843 Account Talk
Quote:
Originally Posted by
tsptalk
The 29th is a Saturday. Wouldn't that be COB 3/2 anyway?
This time. The question is whether it will let me do it. Normally it doesn’t “unlock” until the last day of the month. It is unlocks it on Friday the 28th, I’ll know for the next Leap year.
I guess you have a point- maybe it doesn’t unlock on the last day trading of the month, it may know that the next trading day is the next month.
Dang, I thought I was going to get a tidbit of knowledge that might huge me an advantage in leap years. I guess not.
Anyway- Tom, you once said I have tiny bit of intuition on the future sometimes- - I’m thinking this one is screaming at me to stay away for a while. It’s not on the scale of the 2008 screams, but it is pretty loud in my psyche. This is saying it’s a good time to stay in safety for a while while things work themselves out . Good luck.
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