amoeba's Account Talk

[amoeba]

Darn....a smidge of late buying, probably by computers....oh well....could be a good sign for tomorrow. I'm hoping to cross into the green this month....+0.7% would do it....I would say it's been a rough month, but it could have been worse. Could still be.

 

[amoeba]

What the? Cat didn't bounce. If it can't bounce after a 2% Thursday drop the Friday before Memorial Day, it ain't gonna next week. The buying late Thursday afternoon was encouraging, but this isn't. Don't wanna be around when China PMI reports next Thursday neither. Sold everything. 100% G.

 

[amoeba]

Very disappointing close. C and S up 0.3 and 0.6%, or thereabouts. Some of this was the result of that late rally yesterday, but it is a mile away from closing the gap I expected. Jeepers.

 

[amoeba]

What the? Cat didn't bounce. If it can't bounce after a 2% Thursday drop the Friday before Memorial Day, it ain't gonna next week. The buying late Thursday afternoon was encouraging, but this isn't. Don't wanna be around when China PMI reports next Thursday neither. Sold everything. 100% G.

Did I say something last week? Yes I did. What a disappointing open today (5/28/19). I'm reluctant to touch equities unless SPY breaks its 200 EMA (~2749).

 

[amoeba]

This is just a test post....to see if I can access and post on my account talk via Tapatalk. Joyous day in G fund. Or F, I guess.

Sent from my SM-J320P using Tapatalk

 

[amoeba]

This is just a test post....to see if I can access and post on my account talk via Tapatalk. Joyous day in G fund. Or F, I guess.
Sent from my SM-J320P using Tapatalk

And this is a test post reporting that Tapatalk is again in failure mode after working once, yesterday afternoon. So this post is with Vbulletin.

 

[Bquat]

Test Chart:

Can you see this one?

 

[amoeba]

Nope (desktop computer). I will try clicking on stuff to see if it makes a difference. Nope. nothing.....I know there are charts because the rare times Tapatalk works on my phone (which isn't now), I can see them there....

 

[amoeba]

Not looking good people...200 EMAs broken, cant recapture the 50 no less the 13 EMA. In any idex. The aaii sported a rare 3rd week running of 20%s bulls, but 35% neuts suggests to me this could go lower. Do I hear sub20% bullishness? I think I do. Pardon me now...closing time...gotta release some more dogs.

Sent from my SM-J320P using Tapatalk

 

[amoeba]

FYI, my buy yesterday was a massive lot of TLT in expectation of interest rate momentum continuing and no great Mexican solution over the weekend....had to sell a bunch of stuff to get into it and it's all subject to a 2+T settlement rule, so this will have to ride through Monday for me to turn a profit. So far, so good. Glad to see May gone away.

 

[amoeba]

Awesome....looking forward to next week...equities should puke away another 4%....the only issue is whether I feel lucky enough to IFT into F, or stay in G, while waiting for indices to crater into the abyss. Go Donald. Step on some throats and charge those tariffs until hell freezes over.

 

[amoeba]

Sold my TLT yesterday b4 today's drop in that, but sat in cash so missed the stock gain. I think 6/4 was the last meaningful bounce in awhile. Go Donald...make em squeal.EEEEEEEEEEE.

 

[amoeba]

An astonishing 4th consecutive weak of aaii bulls in the 20s, and more astonishing 3% technical bounce in SPY.

 

[amoeba]

Market bounce doesn't make sense...feels like a suckers rally. Not buying it at all. BOL report tomorrow.

 

[amoeba]

I don’t buy this....doesn't make sense, there must be something else, a rate cut baked in (which I highly doubt, especially if a consequence of tariff effects), some factor explaining this nonsensical bounce.

 

[FUTURESTRADER]

I don’t buy this....doesn't make sense, there must be something else, a rate cut baked in (which I highly doubt, especially if a consequence of tariff effects), some factor explaining this nonsensical bounce.

make sense today? pretty much confirmed uptrend. hate to buy in on upday and friday to boot

 

[FUTURESTRADER]

think i might wait till monday

 

[amoeba]

And I aint buying at all this week. Bounce doesn't compute. I bought short funds today...this will either pay off or it won't.

 

[amoeba]

Sideways action; I still have a large current bet on an inverse ETF, unfortunately, not SOXS at the moment....all sorts of bee ess from the "experts" out there thinking this or that on interest rates, on trade deals....and I believe they are all wrong. Or maybe I am. In any case, I didn't time that last bounce...just really thought it would cut through 2,700 and drop more like the last 4-5 times (see Tom's chart today), but that didn't happen. Plus I had almost no chance last month, feeling lucky to get away with a fractional loss. This is very frustrating. As was losing 10% in the last 6 weeks of last year.

There isn't any indication from the FED that the FED would cut interest rates; notwithstanding the jabber from everywhere else, especially the White House. It would take another 2 job reports like the last one or worse to make that a possibility. Maybe in a year. But not now. Not any time soon. Regardless, stocks are worth what other people pay for them (primarily sovereign wealth funds, and other big boyz), not what I think they should be.

 

[weatherweenie]

It would take another 2 job reports like the last one or worse to make that a possibility. Maybe in a year. But not now. Not any time soon.

[FONT=&quot]Initial claims for state unemployment benefits rose to 222,000 for the week ended June 8, the Labor Department said.[/FONT]