Re: James48843 Account Talk
Sitting now at :
C fund 10%
S fund 80%
I. Fund 10%
And I’m looking at the “$EMW” as the S fund tracking charts.
It’s not been since THE CRASH of ‘87 that we’ve had a single month with this much movement upwards - and back then, we didn’t have an S fund, we only had the C fund.
So I’m re-adjusting my self-identified stop-loss markers here. I’m ok with going lower about another 2% without pulling the trigger, but I am marking this territory as some pretty lofty ground, considering the overall economy, the Dec 11 government shutdown possibility, the Lack of another Covid stimulus package, and the refusal of 45 to concede and make plans to leave. Too much uncertainty in the next few weeks- so I’m going to be careful and be on heightened alert in case I need to bail.
Have a great day!
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Re: James48843 Account Talk
This market upswing is definitely overstretched.
I'm taking a break. Up over 3% this month and we're only a few days into it. The P&F chart is screaming at me that it is rime for a rest.
so I'm moving today- to :
60% = G
35% = F
5% = S
and hanging on looking for a pause to jump back in.
Re: James48843 Account Talk
I’m just floored that- as much as the market has risen over especially the last month, that even with that- we can’t seem to get a capitulation longer than a day.
How much cash did they inject into the money supply? Are they telling us the truth? Or maybe the North Koreans slipped another freighter full of $100 counterfeit currency in, and people are buying stocks everywhere. Who knows?
Gnashing my teeth over here thinking it’s GOTTA break down a good 5% any time now.
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Re: James48843 Account Talk
I think that little spike at the end of the day was people getting in anticpating a deal over the weekend. If Mitch says it will happen, I think it will.
Re: James48843 Account Talk
Thank you for the "welcome back," it's good to see you and the rest of my friends again! And yes, I agree that the markets are going to be challenging for the next while. It's great to have smart people like you to talk to as we go through it!
Re: James48843 Account Talk
My neck just itched a little bit. Not a lot, just a little bit.
So I’m bailing out - moving to 90% G, and just 10% each in C and S.
Let’s see what’s happening- I’m up 6.39% for the year and it’s only the 21st. Time for a pause?
Re: James48843 Account Talk
Uh, oh. I know what that means. Or did you stay in one of those cheap motel rooms again? :laugh:
Re: James48843 Account Talk
Quote:
Originally Posted by
flalaw97
I think that little spike at the end of the day was people getting in anticpating a deal over the weekend. If Mitch says it will happen, I think it will.
Recall these famous last words; over a month ago; didn't happen then....deal now more likely with supermajority....but it still isn't soup yet; remember there are moderate Democrats, filibuster, other business for Congress to attend to (confirmations; eye word/distraction); which could extend this debate for weeks notwithstanding the urgency.
Re: James48843 Account Talk
Quote:
Originally Posted by
amoeba
Recall these famous last words; over a month ago; didn't happen then....deal now more likely with supermajority....but it still isn't soup yet; remember there are moderate Democrats, filibuster, other business for Congress to attend to (confirmations; eye word/distraction); which could extend this debate for weeks notwithstanding the urgency.
Don't know how true it is, but heard earlier today that stimulus may not happen until sometime in March for the reasons you have stated. ;damnit That can't be good for the market...
Re: James48843 Account Talk
Quote:
Originally Posted by
ravensfan
Don't know how true it is, but heard earlier today that stimulus may not happen until sometime in March for the reasons you have stated. ;damnit That can't be good for the market...
The market can deal with it but not for the folks that REALLY need it.
Re: James48843 Account Talk
The itch went away.
Moving to :
C= 25%
S= 70%
I= 05%