Stock scream room

Discussion of the Stock portion of the Permanent Portfolio

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Tyler
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Re: Stock scream room

Post by Tyler » Thu Oct 16, 2014 9:36 am

Tortoise wrote: That's good to hear. I was waiting for my stock allocation to hit the 35% rebalance band, and it got pretty close--but then, just short of the mark, stocks started falling like a rock.

This is making me consider switching to 20/30 rebalance bands going forward.
Funny -- I had the opposite reaction.  Probably because I've been preparing myself for early retirement by working out strategies to minimize taxes, I tend to view rebalancing these days not as a profit capturing activity but as a (potentially) sizable expense.  If the PP keeps growing within the 15/35 bands while needing a rebalance only very rarely, that would be a fine outcome.  Or maybe I'm just lazy and thankful the markets may save me the effort for a while longer.  ;)
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Re: Stock scream room

Post by dualstow » Thu Oct 16, 2014 9:41 am

I don't have enough income to worry about taxes from investments. 15% bracket.
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Tyler
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Re: Stock scream room

Post by Tyler » Thu Oct 16, 2014 9:52 am

Yep.  Once my income drops, it's a new ballgame.  No tax excuses -- it'll be 100% laziness on my part.  ;D

In all seriousness, though, I do like how the bands keep me from making unnecessary transactions.  I plan to stick to them for a while and worry about other things.
Last edited by Tyler on Thu Oct 16, 2014 10:50 am, edited 1 time in total.
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Re: Stock scream room

Post by dualstow » Thu Dec 18, 2014 4:33 pm

For those of you who don't peek at the noise but who read the forum: stocks were up 2.4% today, a 400+point climb for the Dow.
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Re: Stock scream room

Post by murphy_p_t » Thu Dec 18, 2014 7:10 pm

dualstow wrote: For those of you who don't peek at the noise but who read the forum: stocks were up 2.4% today, a 400+point climb for the Dow.
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Re: Stock scream room

Post by Reub » Thu Dec 18, 2014 8:17 pm

Irrational exuberance?
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Re: Stock scream room

Post by dualstow » Thu Dec 18, 2014 9:10 pm

thanks, Janet!
I'm sorry, I don't get the reference.
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Irrational exuberance, no doubt! I do hope it carries on a while longer.
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Re: Stock scream room

Post by buddtholomew » Thu Dec 18, 2014 9:55 pm

dualstow wrote:
thanks, Janet!
I'm sorry, I don't get the reference.
----
Irrational exuberance, no doubt! I do hope it carries on a while longer.
Fed Chairmand Janet Yellen or a cross between Phil Donahue and Danny DaVito.
"The first principle is that you must not fool yourself and you are the easiest person to fool" --Feynman.
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Re: Stock scream room

Post by dualstow » Fri Dec 19, 2014 5:17 am

Oh, of course! Thank you, Budd. And I apologize for the brain freeze, Murphy.  :)
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Re: Stock scream room

Post by MachineGhost » Sat Dec 20, 2014 7:36 am

We're definitely witnessing traditional topping behavior. 

Two V-shaped deflections in the span of about two months.

Recently, it took just two days to erase six days of losses in the S&P 500.

And it took only two days for the R2K to hit an almost 6-month high.

Cocktail party chatter is now about how they are the next Warren Buffett.

So, I say it feels like we're at the bottom of the 7th inning.  If "Game Over" doesn't happen by the next "Sell in May" signal, we're truly witnessing a miracle of epic proportions.
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Re: Stock scream room

Post by jabba » Tue Jan 06, 2015 11:20 am

I noticed martin armstrong today had a post of a possible drop until may. I might put a short on.

http://armstrongeconomics.com/2015/01/0 ... -5-months/
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Re: Stock scream room

Post by Reub » Tue Jan 06, 2015 1:27 pm

Try not to play with your PP. Balance on schedule and try not to think. This is the best way.
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