Thread: JTH's Account Talk

Sold off my 5% position in F today. It's getting towards the top of it's trading channel, and I want to get out with a profit. Nothing fancy, I just wanted to scalp a few pennies.

As for the rest of my allocations, I'll hold for now. It would appear I'm stuck half-way down in this recent trend. I'll have to ride it down with the hopes it won't get to far down before it starts it's uptrend again. I have heaps of patience, time, and an exit plan, now I just need good timing.

Since I nolonger contribute to TSP, one of my goals to make sure I have aquired more shares of G before I go 100% to the sidelines.

It was nice to scalp a few pennies off of F.

Now I'm selling off my position in C. If the gains hold today, then I expect to take some gains back to G. I sold 5% in S just to scale a little more back into G. I hope to be 100% G by the end of the month.

60 G
25 S
15 I

Good luck everyone :toung:

Another morning to the downside. As of now all sectors are in the red. I suppose this won't bode well, but an early morning dive is better then a last minute dive at the end of the day. I'm now holding 25% S & 15% I.

AGG(+0.30%)
EFA -(-0.60%)
GLD(-0.20%)
SLV (-0.15%)
USO (+0.00%)
^DWCPF (-0.66%)
^GSPC (-1.26%)
^VIX (+8.19%)

Basic Materials-1.12%
Capital Goods-0.91%
Conglomerates-1.10%
Cons. Cyclical-0.40%
Cons. Non-Cyclical-0.44%
Energy-0.96%
Financial-0.90%
Healthcare-0.45%
Services-0.79%
Technology-0.63%
Transportation-0.46%
Utilities-0.80%

I'm sure glad I sold my C last Friday for a small profit. I'm also glad the markets haven't continued their downward slide this morning. My S & I took a big hit Monday, but I'm still well within my stops.

I know everyone in G is hoping for a big crash back down to July's lows, but I'm not sure that's going to happen in the short term. I'm down -.67% for the month and at this point I see no reason to pull out. Timing is everything and many of you timed your IFTs perfectly, while I sat too long in the bear camp.

Such is life, there are always lessons to learn and I'll always be a humble student of this market.

Good luck everyone!

AGG Ishares Leh Agg F100.54-0.15(-0.15%)
EFA Ishares Msci Eafe62.59+0.54(+0.87%)
^DWCPF Dow Jones Wilshir582.11+1.20(+0.21%)
^GSPC S&p 500 Index.rth1269.28+2.44(+0.19%)


GLDSpdr Gold Shares81.59+0.66(+0.82%)
SLVIshares Silver Tr13.55+0.22(+1.65%)
USOU.s. Oil Fund Et94.51+1.41(+1.51%)


Basic Materials+0.76%
Capital Goods+0.30%
Conglomerates-0.13%
Cons. Cyclical+0.77%
Cons. Non-Cyclical-0.22%
Energy+1.30%
Financial+0.74%
Healthcare+0.37%
Services+0.12%
Technology+0.16%
Transportation+0.13%
Utilities+0.58%

Good morning everyone.

I'm weighing my options this morning on what I'll do for the remainder of the month.

I could dump my 25S & 15I today and take a small profit for the month.

Or I could dump half today and half tomorrow.

There's more risk added with the market closed for three days and a Hurricane on the horizan. This may make Friday a huge down day. However, if this Hurricane shifts or the damage is minimal, then this market could take off.

This is why I can't wait to open an outside account. TSPLong and his henchmen have effectively tied our hands behind our back. They want buy-and-holders and they want us to squander our savings in their failed L-Funds. It's really sad when you think about it...

good morning. Do I smell a bull trap this morning? Holiday weekend with hurricane heading into the most productive area of the GOM? Buy buy buy! Today....and watch it bail tomorrow. Can't think anyone would stay in with the uncertainty on a 3 day weekend especially with the fed's recent history of weekend shenanigans to help their buds.

But....this week has gone against the historical trend anyway and I've been wrong before. Decisions, decisions!

Originally Posted by luv2read

good morning. Do I smell a bull trap this morning? Holiday weekend with hurricane heading into the most productive area of the GOM? Buy buy buy! Today....and watch it bail tomorrow. Can't think anyone would stay in with the uncertainty on a 3 day weekend especially with the fed's recent history of weekend shenanigans to help their buds.
But....this week has gone against the historical trend anyway and I've been wrong before. Decisions, decisions!

Agreed. I don't doubt oil will get a scare and they will find yet another reason to drive up gas prices if/when they shutdown the coastal refineries.

What I'm not sure about is how much of an effect this will have on the market with the current oil prices not whipping around the S&P 500 like they used to when prices were much higher.

Being wrong comes with the franchise of an activity whose outcome depends on an unknown future.

Originally Posted by Birchtree

Being wrong comes with the franchise of an activity whose outcome depends on an unknown future.

Give Mr. Berstein his credit !

I believe the substance of the statement might have come either from Irwin Kellner or Ric Edelman but who can remember everything. I'm not familiar with someone named Berstein.

I'm glad to see a beatiful day in the markets

The $EMW S fund is pushing up against the 600 resistence level.
Question is can we push through it?

I certianly hope so

You may notice all the lagging indicators are on the rise and we finally closed above the 20 & 50 day moving average. We are also sitting just 5 points away from the 200.

http://stockcharts.com/h-sc/ui?s=$EM...d=p28885176972