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Old 05-20-2010, 03:07 PM   #21
Homeslice
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It's actually 6.2% as of right now.
6.2% down from 2 weeks ago or whatever? I thought the market was like 10,300 or 10,400 then. Oh well, whatever.......my 401k's fund choices are shit, so I've been doing a little market timing to try to improve my return
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Old 05-20-2010, 03:33 PM   #22
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6.2% down from 2 weeks ago or whatever? I thought the market was like 10,300 or 10,400 then. Oh well, whatever.......my 401k's fund choices are shit, so I've been doing a little market timing to try to improve my return
Yep.

When this thread was started the market opened at 10,862.22

If a 6.2% loss has improved your return, your choices really are shit.
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Old 05-20-2010, 03:44 PM   #23
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6.2% down from 2 weeks ago or whatever? I thought the market was like 10,300 or 10,400 then. Oh well, whatever.......my 401k's fund choices are shit, so I've been doing a little market timing to try to improve my return
It seems like your investments are long term so the day to day machinations don't really matter. The Dow is still up around 20% for the last 12 months and it is more like 30%+ when comparing to the 2 year low. I still think tomorrow will be bad. If memory serves the Friday after a nervous Thursday can be a bloodbath. It is all educated guessing though, its entirely possible I'm wrong and the Dow will be up 500 tomorrow.
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Old 05-20-2010, 03:56 PM   #24
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Yep.

When this thread was started the market opened at 10,862.22

If a 6.2% loss has improved your return, your choices really are shit.
You mean compared to the 82-83% that's supposed to be in stocks if I was using my "target retirement date fund", versus the only ~70% I've got in stocks right now? Yeah, I'm ahead. That particular fund is down more YTD than I am.
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Old 05-20-2010, 04:00 PM   #25
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It seems like your investments are long term so the day to day machinations don't really matter. The Dow is still up around 20% for the last 12 months and it is more like 30%+ when comparing to the 2 year low. I still think tomorrow will be bad. If memory serves the Friday after a nervous Thursday can be a bloodbath. It is all educated guessing though, its entirely possible I'm wrong and the Dow will be up 500 tomorrow.
Yep, just another opportunity for me to dump a little more in. Maybe I'll bump up my stock allocation from 70% to 75%. Remember, according to my "target retirement date" I should have 82-83% in stocks right now. Except several months ago I decided that stocks were priced too high, not to mention that particular "target date" fund doesn't have a stellar record anyway, so I took it out of there and just split it up between the other stock and bond fund choices that were available to me.

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Old 05-20-2010, 04:09 PM   #26
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Except several months ago I decided that stocks were priced too high, not to mention that particular "target date" fund doesn't have a stellar record anyway, so I took it out of there and just split it up between the other stock and bond fund choices that were available to me.
Good call.

A solid asset allocation can often do better over time than the one-stop-shop age-based / target date models.

I was just busting your chops on your market timing prowess btw.
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Old 05-20-2010, 04:17 PM   #27
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I know my "market timing" BS is just that, BS.......... based simply on reading articles like any shmuck could do.
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Old 06-04-2010, 01:48 PM   #28
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sticking some more in today.....lol
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Old 06-04-2010, 02:07 PM   #29
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If it breaks through 10,000 for very long I think there may be a race for the bottom the last hour or so of trading.
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Old 06-04-2010, 02:33 PM   #30
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If it breaks through 10,000 for very long I think there may be a race for the bottom the last hour or so of trading.
I'd like to know how many Fridays are down days.....I'd be willing to bet the majority. Traders get afraid that there's going to be some shitty news over the weekend.
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