Gyroscopic Investing

Tlt has been basically going down since peaking so all along the way I have been generating nice profits off the volatility

mathjak107 wrote: ↑Thu Nov 05, 2020 9:24 am bought back 735 shares tlt this morning at 160.94

MJ,

TLT 161.17.

What's your exit number?

amdda01 wrote: ↑Thu Nov 05, 2020 12:30 pm

mathjak107 wrote: ↑Thu Nov 05, 2020 9:24 am bought back 735 shares tlt this morning at 160.94

MJ,

TLT 161.17.

What's your exit number?

no idea yet .... it is really based on the seat of my pants but my gut tells me if i can add another thousand or so sell and wait .. it went up to far to fast this week

mathjak107 wrote: ↑Thu Nov 05, 2020 12:37 pm

amdda01 wrote: ↑Thu Nov 05, 2020 12:30 pm

mathjak107 wrote: ↑Thu Nov 05, 2020 9:24 am bought back 735 shares tlt this morning at 160.94

MJ,

TLT 161.17.

What's your exit number?

no idea yet .... it is really based on the seat of my pants but my gut tells me if i can add another thousand or so sell and wait .. it went up to far to fast this week

Have there been any recent photography related purchases by you and your wife due to recent investing profits?

Vinny

Yes , we both bought Nikon 200-500 mm lenses ...first I got her one , then I was so jealous and she did not share that I had to get a 2nd one ....then after we got them we learned they won’t mount on our tripods without new mounting bases for 250 bucks each .

Also put new shoes on all the drums so they all got new heads and retuned and I added an new crash cymbal

mathjak107 wrote: ↑Thu Nov 05, 2020 3:01 pm Yes , we both bought Nikon 200-500 mm lenses ...first I got her one , then I was so jealous and she did not share that I had to get a 2nd one ....then after we got them we learned they won’t mount on our tripods without new mounting bases for 250 bucks each .

Also put new shoes on all the drums so they all got new heads and retuned and I added an new crash cymbal

I was also going to ask about new drum equipment but thought that you'd not due to lack of opportunity to play in the public (for the most part) since mid-March.

Vinny

amdda01 wrote: ↑Thu Nov 05, 2020 12:30 pm

mathjak107 wrote: ↑Thu Nov 05, 2020 9:24 am bought back 735 shares tlt this morning at 160.94

MJ,

TLT 161.17.

What's your exit number?

sold yesterday at 161.15....looks like i will get it back today the way it is falling in premarket .


Symbol TLT
Description ISHARES TR 20 YR TR BD ETF
Shares -735.000
Price 161.15
Amount $118,442.63
Fees $2.62
Settlement Date 11/09/2020

bought again today 1600 shares 159.23

Sold off the dogs of the Dow today ..they saw some amazing gains ....

A few were up double digits .

But my Tlt and gold holdings got pummeled today

sold half of tlt .. lost on this trade .... the action has been awful on tlt

sold off gold and no more TLT at this point . gold may have more to fall . at some point i will buy it back . it shed a lot in gains so i wanted to preserve the bit that was left for 2020 . it fell over 10k in a week erasing a good part of the gains on the portion i still was holding . .

luckily i sold half of it a few weeks ago .


. TLT would have to fall to the mid to low 150's before i rebuy. it has seen one nasty slide since peaking out at the lows in rates .

mathjak107 wrote: ↑Thu Nov 26, 2020 5:38 am sold off gold and no more TLT at this point . gold may have more to fall . at some point i will buy it back . it shed a lot in gains so i wanted to preserve the bit that was left for 2020 . it fell over 10k in a week erasing a good part of the gains on the portion i still was holding . .

luckily i sold half of it a few weeks ago .


. TLT would have to fall to the mid to low 150's before i rebuy. it has seen one nasty slide since peaking out at the lows in rates .

Do you tell us each time you make these moves? At one point there used to be many more frequent posts from you here informing us. Curious whether your activity has dropped that much or you are just not reporting all the activity.

Thanks

Vinny

i have cut back on the reporting ..... i think at this point it is not likely much interest as it was ... gold and tlt have only been losing ground .

i am also being cautious in my trading now not doing anywhere near the trades i was ...i think everything can slide a lot at any given moment .

Added back just 25k today in Iau ....it fell considerably from where I sold ..also added a bit of hyg high yield today

lucky guess buying at yesterdays close .... now the question is whether to sell after todays jump and try to get back in cheaper .

looks like another beating for TLT today . have not owned that in a while ..

based on todays premarket it needs a 13% gain just to get back to its high .

phew tlt still sliding . i may enter another buy in the 155 range

Entered limit order 155.84 700 shares...it was there earlier but I missed it

Orders hit ..got 700 shares Tlt at 155.84. And 600 Gld at 171.61 .

Hope I didn’t make a mistake doing this again.


I was hundreds of dollars away from hitting my buy price and all of a sudden Tlt just plunged ....it has since recovered from that wicked drop but it was literally 2 minutes and it just had me down 200 bucks from where I bought .now it is showing up 300 from my buy.....

I hope I get to sell ,things have been awful for Tlt as a hold ...it fell through its 200 day moving average

Tlt sold 1 hour later for 300 bucks gain ...still have Gld

Didn’t want to risk it over night with Tlt ....it very well may pop but the chart looks just awful as well as how it has been sinking

Watching Tlt again ,down 600 from where I sold

MJ,

Few Q's about HYG:

1. What % of your total port?
2. Are you in it for Dividend or price appreciation?
3. Your long-term plans? Hold indefinitely? Short-term only?

Thanx!

amdda01 wrote: ↑Fri Dec 04, 2020 10:04 am MJ,

Few Q's about HYG:

1. What % of your total port?
2. Are you in it for Dividend or price appreciation?
3. Your long-term plans? Hold indefinitely? Short-term only?

Thanx!

i run a few portfolios , each with differnt goals ... this particular one has high yield at 18% .... i am in it for both the interest and appreciation ... i did very well with fidelity high yield but i wanted to try hyg in that slot .


sphix brought in 40k this year in appreciation.

i have been in high yield over 2 years now ... so it is kind of a core .

tl t and gld bought and resold today ... up 1550.00 in 2 hours

All trading of gld and tlt is in my ira ....taxes are of no concern on trading .

I have different amounts for different purposes...

Something like TLT OR GLD I WILL ALLOW HUGE AMOUNTS FOR TRADING ...they can make a long term hold if markets move against me so I typically will go 100 - 500k in each as 2 million would be about half of invested assets if it ended up in the pp.

If it is just individual stocks I will go only about 15k .

Today’s trade in and out of tlt was 270k in each netting about 1550 in two hours

Today’s fun


--
12/04/2020 Sell 1,572 Shares of GLD at Market (Day) Filled at $172.185
$270,668.83
Price Improvement: $7.86

12/04/2020 Sell 1,744 Shares of TLT at Market (Day) Filled at $155.4419
$271,084.66
Price Improvement: $3.34

12/04/2020 Buy 1,572 Shares of GLD at Market (Day) Filled at $171.885
$270,203.22
Price Improvement: $23.58

12/04/2020 Buy 1,744 Shares of TLT at Market (Day) Filled at $154.8544
$270,066.07
Price Improvement: $9.76