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Yeah but, I wanted Birch to buy at the blue line and turn it around.
I'm hoping the yellow 5 day tests and holds to keep us bullish.
Thinking again about it, we need to turn soon. If we retrace to the yellow line and get back to the top of the channel that would be a head and shoulder and with the purple line being strong resistance the odds of it happening is greater. So turn now before risk increases. Just a quik draw to show it. The chart size limited me from drawing it out to where the top of the channel toucher the purple line. Sooo I want turn now yes? I like to show the contrary side to keep us honest.It sure seem's like it's fighting to stay up where it is. I don't know whether to be greedy and ride the weekend out or to take what I earned this month and move out. I have one IFT left and I would hate to burn it by moving out. I would rather use the freebie IFT to move out instead of burning a good one...
I have been contemplating using the IFT to diversify into the I Fund 50% and leave 50% in the S Fund...seems like the I fund is performing well lately.
and really I haven't "earned" anything in my mind since I am still trying to get back what I lost last year. It's hard for me to forget about the 11.XX% loss or whatever I had last year...I made a lot of dumb mistakes. I have learned if I ride the train down I need to stay and ride it back up, not jump off 3/4 of the way down and miss the upswing.
Your rushing me.
Got to watch that little blue line and yellow line. May make stay in if good bounce off blue or yellow line. Any thing below blue and not looking like it's bouncing will be considered a lower low and Capital Preservation will be considered.
Sorry, I mean below yellow line is lower low.Your rushing me.
You would have to ask Burch about that. Wake him up. He'll probaly tell you small stocks always lead us in a recovery.You guys notice how the DJIA is outperforming both S&P and W4500 today? What's up with that? I'm 50% in C, and am waiting for the S to have a down day to trade for as my last remaining IFT. It seems that C is determined to underperform S on red days as well as green now.
Too late for me to stay up and watch the ticker tape over here. Going to bed. Have a nice cup of joe!
Wish we had two more hour before IFT deadlinr. Can't see the move untill after IFT time 70% of the time.
Yea the move comes after IFT time. Oh well could of would of should of. I have to protect my 1% gain and a little rise befor the close will save more. My spidey sense may have got me. He still can be right. We could drop like a rock after touching 1320. Oh just second guessing here. It's still bullish until the bottom of the channel is broken and I can reenter Feb1. I just didn't like the risk right now. Good luck.
