350zCommtech's Account Talk

[350zCommTech]

http://www.cnbc.com/id/29615944/


Sell signal, IMO.

 

[Guest2]

When do you sleep ! :nuts:

 

[nasa1974]

I am so confused.:blink: 350 you are talking about selling and on coolhands account he is talking about buying signals. MAAAAANNNNNNN!!!

 

[350zCommTech]

When do you sleep ! :nuts:

I'm not going to sleep until I get out of stocks.:nuts:

 

[350zCommTech]

I am so confused.:blink: 350 you are talking about selling and on coolhands account he is talking about buying signals. MAAAAANNNNNNN!!!

Back in the old days, I would switch in and out of stocks on just about everyday. Sometimes I talk like we're still in the old days.

Coolhand's signal might ultimately be right, where he eventually makes a gain on his move. What I'm basically saying is that at least, a pullback is due, or maybe we just turn around and collapse. Keep in mind that if the market finishes up again today, it would be up to two days in a row. This could eventually turn out to be a bear market rally.

But, the key here is that we are still in a bear market. We must use caution.

 

[nasa1974]

Back in the old days, I would switch in and out of stocks on just about everyday. Sometimes I talk like we're still in the old days.

Coolhand's signal might ultimately be right, where he eventually makes a gain on his move. What I'm basically saying is that at least, a pullback is due, or maybe we just turn around and collapse. Keep in mind that if the market finishes up again today, it would be up to two days in a row. This could eventually turn out to be a bear market rally.

But, the key here is that we are still in a bear market. We must use caution.

Absolutely true. I wish we where still in the old days. But with this market I would be happy with 4 IFT's instead of the two we have now. It just amazes me how out of touch the FRTIB seems to be. Good luck.

 

[coolhand]

Back in the old days, I would switch in and out of stocks on just about everyday. Sometimes I talk like we're still in the old days.

Coolhand's signal might ultimately be right, where he eventually makes a gain on his move. What I'm basically saying is that at least, a pullback is due, or maybe we just turn around and collapse. Keep in mind that if the market finishes up again today, it would be up to two days in a row. This could eventually turn out to be a bear market rally.

But, the key here is that we are still in a bear market. We must use caution.

I would welcome a pull-back today. In fact, I'm expecting it. But I'm looking at this as an IT signal. Da Boyz look to be taking a position for higher prices down the road. More than likely, volatility will be in play just to keep the bulls and bears guessing. :blink:

 

[350zCommTech]

I would welcome a pull-back today. In fact, I'm expecting it. But I'm looking at this as an IT signal. Da Boyz look to be taking a position for higher prices down the road. More than likely, volatility will be in play just to keep the bulls and bears guessing. :blink:

A strong finish today will cause a lot panic buying tomorrow, barring any bad news.


SPX: 723 got ran over in the futures and SPX is about close the gap at 735.

View attachment 6018

 

[350zCommTech]

EUR/USD update:

I'm a little concerned with this chart. There is strong resistance at 1.2722(50% Fib). There's also a potential head and shoulders. The red bars 2 hours ago were caused by the bad news on China's trade balance. The impact on the dollar was big but the impact on futures was minimal. I want to see a break above 1.2722 if I'm going to stay in stocks.

View attachment 6017

EUR/USD is looking better. We had a clear break of 1.2722 overnight. Trend line held.

View attachment 6019

 

[350zCommTech]

Dumped C at $1.66.

Stop got hit on FAS at $4.30.

 

[350zCommTech]

Crawling up the trend line. Notice the hammer at 8:30.

View attachment 6020

 

[350zCommTech]

GBP/USD: Not looking good. Trend is down. The UK and Europe are giving up some of their earlier gains and appears to be dragging the US market down. If the ES can hold above the trend line in my previous chart, it should move up once Europe closes. The I fund should be avoided for tomorrow, there's a potential for a +FV tonight.

View attachment 6021

 

[2EASY]

350ComTech - all eyes are on you. You staying in today or bailing to the G?

 

[350zCommTech]

350ComTech - all eyes are on you. You staying in today or bailing to the G?

I think I will bail. I haven't decided yet.

 

[poolman]

i think i will bail. I haven't decided yet.

85 - g
15 - s

 

[Rod]

You can always DCA your gains back into (G) while keeping your position.

At least that won't make you feel bad if the rally continues.

 

[350zCommTech]

I'm out. 100% G.

Bulls make money, Bears make money, Pigs get slaughtered.

 

[Rod]

I'm out 100% G.

Bulls make money, Bears make money, Pigs get slaughtered.

Good for you.

No matters what happens between now and April, you'll still be in the Top 10.

 

[FUTURESTRADER]

You can always DCA your gains back into (G) while keeping your position.

At least that won't make you feel bad if the rally continues.

And spread your bi-weekly contribution across all equity and L funds, 11-12% in each.

 

[FUTURESTRADER]

P-man, 350...think about spreading the 15% across L-funds instead of just S???!!