Thread: JTH's Account Talk

Although friends dont let friends buy and hold it is tough to argue the mentality at the moment. When we had extreme volatility trading made gains, or lost them. Very tough to argue a long term position in equities with such low volatility. JMHO

My investment adviser, (Mindylou) is predicting Dow 18,000 within the next 19 trading days. And I'm still waiting for a 300 point gap open - I can feel it.

Originally Posted by Birchtree

My investment adviser, (Mindylou) is predicting Dow 18,000 within the next 19 trading days. And I'm still waiting for a 300 point gap open - I can feel it.

Doesn't that open gap have to get filled at some point? Not good for the buy-and-hold approach; a potential sell high, buy low opportunity for the market timer!

Another day in the books, now it's time for a relaxing weekend with friends and family, celebrating our independence

Closing at 52-week highs

S&P 100/500/600, Russell 1000/2000/3000, Wilshire 4500/5000, NASDAQ, NASDAQ 100, Transports, Dow Jones Industrial, New York Stock Exchange

Hey JTH, last week we were talking about the big 2.5% dump EFA took, and you mentioned that, without IFT limits you might have jumped on that. Looks like it would'a been a good play. Of course, I'm only getting part of it, but gains are gains. BTW, does gaping to fill gaps count as an island reversal, or is it just more of the I Fund silliness?

140702EFA.jpg

11.43% No wander you are at the top of the tracker!

Originally Posted by FishSqueezer

Hey JTH, last week we were talking about the big 2.5% dump EFA took, and you mentioned that, without IFT limits you might have jumped on that. Looks like it would'a been a good play. Of course, I'm only getting part of it, but gains are gains. BTW, does gaping to fill gaps count as an island reversal, or is it just more of the I Fund silliness?

It would have been a good play but the S-Fund still outperformed within the same timeframe by a slim margin. Watch the dollar, it's making an upside move which may hamper the I-Fund's performance.

EFA is just one of those gappy ETFs, so much so that I don't pay it any attention, glad to see you're picking up some gains

Originally Posted by Handballer

11.43% No wander you are at the top of the tracker!

Thank you, last month's 1% gain really hindered my AT standing and those premium service members are not cutting me any slack, there's about 30-40 of them above me and it's going to take some serious work to overcome them.

Originally Posted by JTH

It would have been a good play but the S-Fund still outperformed within the same timeframe by a slim margin. Watch the dollar, it's making an upside move which may hamper the I-Fund's performance.

EFA is just one of those gappy ETFs, so much so that I don't pay it any attention, glad to see you're picking up some gains

We went and saw my wife's financial adviser (her IRA) and he was saying that the International market should be seeing an uptick. He is not sure when but he showed how the International market is really lagging the American market since 2008 and he was saying that they will see some pretty good growth over the next 5-10 years. Just something to think about and keep an eye on.

Originally Posted by JTH

Thank you, last month's 1% gain really hindered my AT standing and those premium service members are not cutting me any slack, there's about 30-40 of them above me and it's going to take some serious work to overcome them.

Steady growth can not be measured against others. I know it's hard to swallow, but personal goals on gains should be just that. You're doing well JTH, love the avatar!

Originally Posted by nasa1974

We went and saw my wife's financial adviser (her IRA) and he was saying that the International market should be seeing an uptick. He is not sure when but he showed how the International market is really lagging the American market since 2008 and he was saying that they will see some pretty good growth over the next 5-10 years. Just something to think about and keep an eye on.

Been keeping an eye on it as well. Might need to see a boost in exports before I see a reason other than lag in their performance. The Yen is getting ready for a swing.....

Originally Posted by nasa1974

We went and saw my wife's financial adviser (her IRA) and he was saying that the International market should be seeing an uptick. He is not sure when but he showed how the International market is really lagging the American market since 2008 and he was saying that they will see some pretty good growth over the next 5-10 years. Just something to think about and keep an eye on.

I just got the same advice from an Edward Jones advisor - Invest in International Funds.