Recent content by BearTrap

  1. BearTrap

    BearTrap's Account Talk

    Does anyone have good information on market performance during a mid-term election year? Would be interesting to see the stats on the S&P. A quick glance at the charts seems like there is a very strong correlation to mid-terms and a positive year.
  2. BearTrap

    BearTrap's Account Talk

    I think yesterday was a classic Bear Trap....... Funny how all of a sudden the headlines are doom and gloom. Sounds like a buy signal to me. Watch for another breakout year for North America!
  3. BearTrap

    BearTrap's Account Talk

    Buy, Buy, Buy! No one saw that one coming. Another round of subsidized markets. S&P 1800 here we come. Feel sorry for the shorts out there....
  4. BearTrap

    BearTrap's Account Talk

    C-S-I have ugly chart patterns. Higher highs and lower lows. The charts displayed the same pattern in April and June which had higher highs, lower lows, got to form a double top and then continued on for an addition 5% or more gain. Can it go 3 for 3? I pulled my money early on the last two...
  5. BearTrap

    BearTrap's Account Talk

    "Can you hear me know?" Thank you Verizon for boosting the F fund today!
  6. BearTrap

    BearTrap's Account Talk

    Got out of equities today. Big up day today can only mean a turnaround Tuesday tomorrow. Obama speaks tomorrow night. I just can't justify staying in when war drums are beating, gov't budget fiasco, taper talk, 3% on the 10 yr, and not to mention Uncle Ben's replacement. How would the markets...
  7. BearTrap

    BearTrap's Account Talk

    Made a move to C- and I-funds today. Looks like they are coming out of the oversold condition, VIX moving out of overbought condition and throw in all the talking heads calling for doom. I think there is a solid buy signal every time Mark Faber makes CNBC headlines. Not expecting much out of...
  8. BearTrap

    BearTrap's Account Talk

    My system has just moved to a buy for C-S-I. The only issue is that each has a battle with overhead resistance right now on the charts. Will tomorrow (Wed.) be the typical turnaround Tuesday? I'll wait one more day for confirmation before I buy. I think there is still time for "1987" to play...
  9. BearTrap

    BearTrap's Account Talk

    chart looks like a waterfall
  10. BearTrap

    BearTrap's Account Talk

    Here comes the knee jerk!
  11. BearTrap

    BearTrap's Account Talk

    My system is very close to a buy on S; however, very skeptical that yesterday was a bull trap. Unfortunately I'll have to sit out today to wait for the FOMC minutes to come in. I am guessing the typical knee jerk reaction after 2:00 eastern. I'm a bear on C and the I fund has lost its momentum...
  12. BearTrap

    BearTrap's Account Talk

    The real reason why markets are soaring is due to the full blown currency war. Several smaller Euro and Asia/Pacific nations joined the party. Next big player to enter the war will be China. This bull market is going to keep on rolling..... Question is how hard are we going to fall once the...
  13. BearTrap

    BearTrap's Account Talk

    My indicators said to go for I, but was a bit "gun shy" from past experiences. I fund has treated me well the past few months and should have stuck with the system and not have stuck half of my trade in C. Can anyone explain how the "fair market" value of I plays out? I hasn't been tracking...
  14. BearTrap

    BearTrap's Account Talk

    Decided to make a play on C and I yesterday. I am a bit nervous about Friday's GDP. Estimates are at 3.1%. It seems like a high estimate given the last GDP; however, look how the markets have climbed since.
  15. BearTrap

    BearTrap's Account Talk

    April has been very good to me thus far but am not sure if I will get to use my 2nd IFT. Tomorrow will be a pretty boring day for the markets so there may be a small pop. I'm looking at C as having the best potential buying opportunity. Next week should be interesting.....
See more
Back
Top