Bquat's Account Talk

[Bquat]

I have my higher low so far. Now I need another higher high, so stick with the river it is. No move today. Oh forgot: "Did I say I hate the deadline lately?"

 

[OBXTrader]

Maybe the wrong call, but I used the higher low as my movement in and to a lessor extent that the S&P was able to recover from noise in Europe. Effective COB today going from L2020 to L2050. My move into L2020 on July 31st was almost a big fat nothing up or down (depending on close today). But as I said in my account talk July 31st, it was a low risk move due to my uncertainty.

I have my higher low so far. Now I need another higher high, so stick with the river it is. No move today. Oh forgot: "Did I say I hate the deadline lately?"

 

[Whipsaw]

Maybe the wrong call, but I used the higher low as my movement in and to a lessor extent that the S&P was able to recover from noise in Europe. Effective COB today going from L2020 to L2050. My move into L2020 on July 31st was almost a big fat nothing up or down (depending on close today). But as I said in my account talk July 31st, it was a low risk move due to my uncertainty.

How is your return with the L-Funds? Does the daily-rebalance have an effect?

 

[OBXTrader]

I don't contribute to TSP since I retired from the military, so I get whatever the fund price is that day, so no re-balancing on my end. But as far as the re-balancing by the TSP managers I have never noticed, but I am sure some of our members here that track funds closely probably can tell the subtle moves to re-balance and also reduce exposure over time. Great question.

How is your return with the L-Funds? Does the daily-rebalance have an effect?

 

[Bquat]

Maybe the wrong call, but I used the higher low as my movement in and to a lessor extent that the S&P was able to recover from noise in Europe. Effective COB today going from L2020 to L2050. My move into L2020 on July 31st was almost a big fat nothing up or down (depending on close today). But as I said in my account talk July 31st, it was a low risk move due to my uncertainty.

You may be all right but I am hesitant by both being below the 50 Day and August - September time frame: A little more see the confirmation type thingy and my waiting line may be hazardous. That's why the river to protect me from loss maybe yes?

 

[Bquat]

I don't contribute to TSP since I retired from the military, so I get whatever the fund price is that day, so no re-balancing on my end. But as far as the re-balancing by the TSP managers I have never noticed, but I am sure some of our members here that track funds closely probably can tell the subtle moves to re-balance and also reduce exposure over time. Great question.

is so slowly done from one month to the next, that I have never noticed it.

Since you use the L funds do you hold longer because of the lower risk than all in? I was wondering if your changes are less frequent because how the L funds are designed to work. They're for a longer term strategy of trading right? What is your interpretation on how you use them?

 

[Bquat]

I may be just one more day from figuring things out: Not getting the sell off I was expecting.

 

[Mapper]

Right now. I'm sitting 10C 10S 10I and the rest is a mix of F and G. My rationale for this position is the expectation of lower prices moving forward but some skin in the game in case the uptrend continues.

I have to say that I can't help but wonder if I'd be better served by an intermediate term position in an "L" fund with similar allocations. I figure with the L fund, at a minimum, the internal re balancing of the underlying funds will be lots and lots of selling higher (as one outperforming fund gets overweight) and buying lower (as the underperforming funds gets "underweight"). Albeit these movements would be very small. I haven't fully worked through it yet and I may be totally wrong...but on the surface it seems like there may be some usefulness for these times when you don't want to go "all-in" OR "all-out".

 

[OBXTrader]

My intent was to hold longer, but honestly last year I only got 10% while the buy and hold crowd made out great. I got happy feet.

This year with volatility, I am fine moving in and out.

To answer your question. I have never been comfortable putting my eggs in one basket like many do. Like Mapper said, I wound up doing spreads that were similar to the L Funds (give or take a little).

Lastly, it's easier to enter one number into Quicken than a lot of numbers. That's pure laziness on my part

By the way, I am happy with how the market closed since it's an aggressive buy day for me. I did not want a sell-off at the close, but a rise from daytime lows. The bears were held in check. Hoping for good things tomorrow.

Since you use the L funds do you hold longer because of the lower risk than all in? I was wondering if your changes are less frequent because how the L funds are designed to work. They're for a longer term strategy of trading right? What is your interpretation on how you use them?

 

[Bquat]

My intent was to hold longer, but honestly last year I only got 10% while the buy and hold crowd made out great. I got happy feet.

This year with volatility, I am fine moving in and out.

To answer your question. I have never been comfortable putting my eggs in one basket like many do. Like Mapper said, I wound up doing spreads that were similar to the L Funds (give or take a little).

Lastly, it's easier to enter one number into Quicken than a lot of numbers. That's pure laziness on my part

By the way, I am happy with how the market closed since it's an aggressive buy day for me. I did not want a sell-off at the close, but a rise from daytime lows. The bears were held in check. Hoping for good things tomorrow.

Thanks

 

[Bquat]

Do not let the ladder shadow I'm playing with full you. It's only there for a good news or Fed announcement. I'm slightly neutral and expecting sideways or down movement. I made a trading range to watch and need a touch of the circle on the on the 18th for enought power to go above the 50 Day. Now this can all change on me. Matter of fact Live with Oscar says we'll go up from here. I want the Inverse H&S to form.:nuts:

 

[Bquat]

I have noticed more volatility in the futures market. It seems more and more the futures market tests main levels over night. The last time I mentioned it was it testing the 100 Day and bouncing back. Last night it was testing resistance above at a critical level. It will get people excited that futures are up this morning but without checking the chart they wouldn't notice they're on their way down from a double top: So they seemed to have found support but is the power to thrust up today already gone?
S&P 500 Futures Live Advanced Chart

 

[Bquat]

I drew a red line where I think the move is limited to and we got there shortly after the open. So we'll see if I was right pretty quick:

 

[Bquat]

Watching the 20 Day on the W4500: Just a quick look at the other fund to see if decision can be made today.Still wondering about waiting on river cross for confirmation:

 

[Whipsaw]

Uptrend is calling a buy; I'm mulling over an entry here... I show the delta from high to low on the above chart at 7%...

 

[Bquat]

Uptrend is calling a buy; I'm mulling over an entry here...

It does look good but I have the rivers as a choice level and why does the decision level is right at the deadline? Still trying to decide.

 

[Bquat]

Now all movement stalls right at the deadline. No move for me today The S fund where I was thinking of going into may be in a 20 Day supported downtrend:

 

[Bquat]

I just have post deadline fear: I may be the only one.

 

[Whipsaw]

Discretion is the better part of valor. Thanks, I'll hold... was considering a 40/20/40 C/S/I spread.

 

[Bquat]

Discretion is the better part of valor. Thanks, I'll hold... was considering a 40/20/40 C/S/I spread.

Just remember I'm not the sharpest pencil in the box.