Thread: Mapper's Account Talk

I'm with you on your TSP and TNA pains. Things will all work out by the end of the year.

Good Luck and let us know how it goes for you!!

Since I actually gained, handsomely, on the TNA purchase today, it's tempting to take that off the table, lock the profit and buy a few more shares for tomorrow(or next time, whenever that happens to be).

Or would that be buy a few more shares of TZA tomorrow

Sold, today's lot only so now I can buy 8% more...next time.

Holding steady in equities on TSP. Like everyone else I expect another drop in the near future but thinking we have some upside left before that happens. I think the panic has subsided and I am thinking more people will see current prices as "attractive" looking at S&P 1230 as upside resistance.

Took another small bite of TNA at $45.70 today. Holding overnight hoping (x2) for another quick 5-10% gain. Slowly working down the cost basis on my underwater position...gonna take awhile!

Mapper, welcome aboard.

Thanks for the visit rocket man!

Tempted to double down on a few more bullish shares today, helps bring my cost basis down even more. Of course that didn't do me any good in late July/early August. Should I expect anything different today? Decision fatigue definitely taking hold. Yeah, I'm trying to be a grazing bull.

Trying to do my part, bought 20% more TNA at 39.91....so let's see some more buyers. Either way I'm OK though still have some powder dry for further purchases and If we go down another 5% I'll sell that (mistake) TZA hedge I bought last week and sink even more into TNA.

If this action keeps up my cost basis will be low enough that a properly sold rally will bring me back above water. Knowing when to sell these little rallies seems to be toughest part. I will say it sure would be nicer if all this work was adding black numbers to my balance rather then reducing the red numbers. Had I sold in late July, when I seriously contemplated doing so...I could be buying a whole lotta bull!

It's still a long way out but I'm starting to see the light at the end of the tunnel.

So the lesson learned is to always keep some dry powder on hand. If I had everything invested I wouldn't be able to take advantage of the continued lower prices. My reserves are shrinking but the purchases keep getting cheaper!

Hmmm...
After that opening action I have a sinking feeling today is going to be flat...leaving us with nothing to go on.
I don't know why, but I want movement one way or another!


I also have a sinking feeling that some how, some way I'm going to be eating these words

Let it burn! My Birchtree fever has me in the mood for fire sale prices.

My TSP is not allocated well but I feel it will not be long before we get a little back. Not about to let the bear scare me. In the meantime I'm preparing to pile on while the price is nice!

Not liking today's early action. I've got one of my TNA positions down to a 46.54 cost basis and my overall cost basis $52.86. I keep them separate because it makes me feel a little better...no logical reason

At any rate, with TNA currently sitting at about $47 I'm thinking about making an exit. I've recovered A LOT of ground but I am soooo close to getting back to even that it's tempting to hang on for a little more. Come on bulls, let's see a little buying.

Originally Posted by Mapper

Not liking today's early action. I've got one of my TNA positions down to a 46.54 cost basis and my overall cost basis $52.86. I keep them separate because it makes me feel a little better...no logical reason

At any rate, with TNA currently sitting at about $47 I'm thinking about making an exit. I've recovered A LOT of ground but I am soooo close to getting back to even that it's tempting to hang on for a little more. Come on bulls, let's see a little buying.

got my notes wrong. My overall on TNA is $61.22, crap were a long way away from that. On the fence with this position at 46.54...hoping for a bit more upside before we take another dip. I do believe we'll see another dip so when I sell this TNA position I'll grab some TZA to bring down the cost on my last foolish TZA purchase.

Still swimming upstream for the time being. This training makes me stronger.

Originally Posted by Mapper

Still swimming upstream for the time being. This training makes me stronger.

There's a lot of us swimming right along with you...

I hope my next TZA move will be better than this last TNA move... yikes... can't be worse