Thread: JTH's Account Talk

Originally Posted by squalebear

Boy Oh Boy, how long can this "being wrong" streak get !

It continues !

I took 20% more off the table. I'm seeing May 2007 balances. Ouch !

I remember the SPX going up as much as 70 points in one day back in July '02 - but I have never seen it drop by 120 points until that eventful Monday.

Originally Posted by Birchtree

I remember the SPX going up as much as 70 points in one day back in July '02 - but I have never seen it drop by 120 points until that eventful Monday.

I'd love to see that happen in Oct., but this is a different time. Maybe with the short selling ban removed...markets will improve. What do I know, since I jumped in 100 percent in Oct 1. & 2 thinking things were going to get better. Got to figure out how to get my own thread.

Originally Posted by 4Runner

Got to figure out how to get my own thread.

I'm taking tomorrow off.

Beer-O-Clock will start early tonight.

I'm now down 230 S&P 500 points.

I'm sharpening my Axe because before long there will be blood in the streets and heads will role.

There isn't any point in my bailing out now, I'm too far down the rabbit hole without any IFTs left. I'd get out, but I don't want to be sitting in G when/if this market recovers. Perhaps in November I can use my 30% G to buy some cheap stocks.

Bloody bloody bloody 7 trading days this October.

Thanks JTH for showing me. Another horrible day. I looked at October 1987 SPX and this month is shaping up to be a repeat. The other thing I noticed that the downward slide continued to the end of November 1987 with a tiny blip upwards at the end of October! Fast forward, we are in the middle of October and continue to wait for the turnaround, which may not come this month. On the other hand, we had a horrible September so, maybe the turnaround will be soon. Thinking of the time shift. Stay in 100% or go to G? I feel like a deer frozen in the middle of the road staring into car headlights, not knowing what is going to hit me. I cannot look at my TSP account balance. IFT limits really doing a number on us!

Originally Posted by 4Runner

Thanks JTH for showing me. Another horrible day. I looked at October 1987 SPX and this month is shaping up to be a repeat. The other thing I noticed that the downward slide continued to the end of November 1987 with a tiny blip upwards at the end of October! Fast forward, we are in the middle of October and continue to wait for the turnaround, which may not come this month. On the other hand, we had a horrible September so, maybe the turnaround will be soon. Thinking of the time shift. Stay in 100% or go to G? I feel like a deer frozen in the middle of the road staring into car headlights, not knowing what is going to hit me. I cannot look at my TSP account balance. IFT limits really doing a number on us!

I hear ya, If I had unlimited IFTs I'd already be out of this market days ago. Fracken TSP board can go to hell, I hate them bastards and my only hope is that they lost more money in their personal accounts then I have.

It's Beer-O-Clock and the beer flowith over my cup.

What an utter disaster. I wish I could extract all my money out of TSP and put it in my ROTH where I stand a fighting chance of making a recovery. I've lost more money in the last week, then I've contributed over the last 2 years.

Nothing is working, the Fundamentals, the Technicals, are not in play and I just feel like the biggest loser for not having the guts to stay out of this market when I was -3% in May.

I'm young and can recover, but I just feel horrible for people like my dad who are going to retire in the next 5 years.

Originally Posted by JTH

It's Beer-O-Clock and the beer flowith over my cup.

What an utter disaster. I wish I could extract all my money out of TSP and put it in my ROTH where I stand a fighting chance of making a recovery. I've lost more money in the last week, then I've contributed over the last 2 years.

Nothing is working, the Fundamentals, the Technicals, are not in play and I just feel like the biggest loser for not having the guts to stay out of this market when I was -3% in May.

I'm young and can recover, but I just feel horrible for people like my dad who are going to retire in the next 5 years.

YEP!!! It is called panic.

If you don't move your money you've only experienced a devaluation and your current shares will eventually appreciate again - in the meantime continue to accumulate more of these devalued shares because now your contribution is really working in your favor.

Good morning everyone!

I hope all is well among my fellow TSPers. I've taken a breather for the last few days, probably because I am in the numb phase of the markets emotional curve.

Tsk tsk, it really is sad how my expectations for the year have dramatically dropped. At this point I don't expect the Market to reach 1100, and I need 1140 to break even for the month.

So somebody tell me why I'm still in this market? Even if it hits 1100 this year, I still have to time it just right to reap the rewards.

Ok I'm done whining now, thanks for listening.