Santa Has Left the Building

[crondanet5]

MLKMAN, I understand you had a pretty good year. Stay the course and press forward. I got out of the S Fund for the same reasons you did, only I was traveling Thursday so my IFT took effect Friday night. Not sure whether to get in short term for the mini bumpup before the January fall. Thoughts?

[MLKMAN]

MLKMAN, I understand you had a pretty good year. Stay the course and press forward. I got out of the S Fund for the same reasons you did, only I was traveling Thursday so my IFT took effect Friday night. Not sure whether to get in short term for the mini bumpup before the January fall. Thoughts?

I'll tell you Tuesday.............

[crondanet5]

Too late dude. That doesn't answer my Monday allocation decision. Nice to see you posting again.

[MLKMAN]

Too late dude. That doesn't answer my Monday allocation decision. Nice to see you posting again.

I wouldn't do anything before Tuesday. If the markets are going to bounce with any conviction, it won't be till the 1st of the year, unless some great news event comes out of course.

[crondanet5]

tactically speaking, my second December IFT move back into the S Fund would permit me to use my first January IFT to return to the G and wait for the January droop to finish before getting back in. Everybody following this logic?

[Tomanyiron]

tactically speaking, my second December IFT move back into the S Fund would permit me to use my first January IFT to return to the G and wait for the January droop to finish before getting back in. Everybody following this logic?

I follow your logic. The problem is, the market is completely illogical.
I'll be watching for a good logical entrance myself.
I'm glad to see a new year, with a clean slate. I dropped the ball in 13.

[crondanet5]

If you think the market is illogical you do not see my logic. By a clean slate do you mean you are going to RESET your Fantasy Game on Dec 31 and start the new year with a clean slate of $100,000 to start the new Fantasy Game year? So cool. Been there, done that.

[robodummy]

Well, does anybody have any pro-or-con arguments?!
I'm staying s until the 2nd week of Janurary, then starting to take a look at backing out a bit.
My thoughts are that things are getting hot (!) and the "dumb money" is really flooding in.

Hope you all have a great new year!
Peace
Robo

[Boomer56]

Utilizing Bollenger Bands, RSI, MACD, Slow Stochs and an 18 day SMA, my system tells me that the time is drawing near to head for the side lines. The only question is, when should l do it. COB Tuesday or COB Friday. Seasonality and Sentiment are still in play here. I'll be watching the markets closely to see how it plays out.

[BaitBoy]

Given that any news is already priced into the market, I'm watching for any indicators that something will be happening with the mid-January return to political manipulations of the economy by the legislature. It will be akin to watching for subtle maneuvers prior to any decisions being announced. After the news is priced into the market, and the scaredy cats cut and run, then I can get a sense of when to get back in if I decide to bail before then. Right now, with the market trading pretty much sideways, I'm sitting on 25% C and 75% S with a finger on the trigger. I might just pull that trigger tomorrow. Not sure, yet. I'm seeing predictions ranging from 9 - 20% increase for S&P next year, with an average guesstimate of a 10% retrenchment some time before April. That being said, the predictions are all over the map and everyone's crystal ball must be very cloudy. I can't see the gains in S&P that have been achieved in the last 12 months all having been built on the back of false presumptions and still suppported by big money. In guessing where the QE# billions have ended up either being pumped into the market or staging for getting into the market after a correction, I'm of the opinion that 2014 is going to still be a very good year, maybe not as good as the 30.22% I'm up for 2013, but very good nonetheless. Buy low, sell high; don't lose money. If I miss the top and wait too long, the top will come back and be beaten again - it ALWAYS has. I will just miss out on even greater gains if I have to wait through the correction. Buffett's ideal time to sell is - never. What is my time horizon for investing? Forever, however long that is for me. Retirement is just another rest stop on the highway.

[frankwhite]

My $0.02...

I hit my target of averaging 1% per month and cashed out last Friday... (see pigs get fed, hogs get... you know the rest)...

Personally - I'll be watching for 'smart money' and 'portfolio managers' to do some profit taking this Thursday and Friday. Believe this will fuel a small sell off into which I plan to buy next week.

Funny thing - was discussing w/ an office mate earlier how I pour over charts, and news, and this site everyday - and with a great deal of effort and stress, managed to bank less than half of what some did by simplying buying and holding the S fund this year... Going to try to take a more 'long term' approach as I have 27 years before I retire and prob don't need to be making 24+ moves every year to reach my goals...

Foresee another positive year in 2014 so looking forward to growing with everyone else on this site in the year/years to come...

Cheers all - have a Happy and Safe New Year!!!

[Snapdragon]

I looked at the S and C charts for the past few years and the beginning of January is up. So I am staying in, I'm nervous about it, but I'm staying in.

[TSPKip]

My appreciation for non-Fed QE influenced market action is what will take center stage when the FED intravenous is tapered and withdawn. Those who were wise to not fight the Fed [which I did to my detriment] unfortunately may have not developed market skills. I look forward to the inputs of Skie, CRondanet, and others when the steroids are withdrawn.

[crondanet5]

Input #1: Sell high, buy low.

[Robvegas]

Art Cashin is among my favorites on CNBC and his opinion is one that I value, so I'm sharing his comments this morning on what he sees in January.

http://fw.to/C37cWLP

Pardon the 15 second commercial.