CapeChem Account Talk

[CapeChem]

Thanks SB and WW.....If i do "get out" it wont be all the way...I will definetly leave some funds behind to <1% with......buying high and selling higher is alot nicer than my normal modus operendi, buy high sell low.......It seemed we were bumping our heads on 825 all day yesterday.......If we break through 840 before noon, i think that will sway me.

 

[CapeChem]

Well looking at my last post i was trying to make a decision......well here i am again....I am at 60G/40C for almost the whole month.......last day of the month....from all the chatter and reading it looks to be a green day.....Jump to all G today to lock in this month......lots and lots of pundits seem to think there is one more dip....well i have three hours to watch and decide......what will probably happen is work will distract me and it will be 12:01 before i check again.....Doh........thank you for endulging my rambling thoughts.

 

[Birchtree]

An old time Guru named Charles Allmon went 50% invested on April 15th. This is his highest exposure to equities in more than 20 years. This guy is 88 and has written his Growth Stock Outlook since 1965 - he even predates me.

 

[CapeChem]

wow.... a response from Birch.....my thread is honored.....But really thanks....between you, coolhand, and lady I feel stretched in all directions on learning how to playthis....When i read one person i want to go 100C...when i read another person i wanna go 100G....when i read someone else i wanna be....well you get the point....I enjoy learning from the learned.

 

[KevinD]

CapeChem - Will you let me know when you get it figured out? Please?

 

[Birchtree]

I would suggest that if you were to go back to November and December and read some of my posts from that time you would find enough information that might give you an idea as to where we are headed and why.

 

[CapeChem]

Decided to stand pat at 60G/40C....when the market decides to dip i will buy some more......Birch...Do you think we will see sub $10 C shares again?

 

[Birchtree]

My last C fund purchase was for $10.10 and whether I get another shot in the $10 range is speculation - I would welcome the opportunity but may not get the chance. We blew right through the $11 and $10 on the way down and the same thing may happen on the way up. There is just so much liquidity waiting to get back to work - all we need is the ignitor.

 

[CapeChem]

I purchased my 40% under $10.....i would hate to sit and wait for sub 10 C again and end up only being able to buy $11 C. I do DCA every two weeks CSI.

 

[CapeChem]

Well I have had 40C working for me the last month...time to let the other 60 do some work......40G/30S/30I COB today......so actually i am hopping for a little bi t of a down day just to buy cheaper.......then/......to the moon alice

 

[Pschiffdicpal]

Well I have had 40C working for me the last month...time to let the other 60 do some work......40G/30S/30I COB today......so actually i am hopping for a little bi t of a down day just to buy cheaper.......then/......to the moon alice

ten will returne and then some take your money C has topped, rest and wait. buy more will just dilute your returns to the down side, leave the down side for the greedy and dumb money. if your over 10% up take it and relax.

 

[CapeChem]

Did we just bounce off 900...

 

[JTH]

Did we just bounce off 900...

Overall not a bad day.

If the previous 897.34 low & today's 896.46 low show signs of stability it can induce confidence at this level and bring in more buying to push us higher. I can still tolerate a pullback but considering the IFT restrictions, I’d rather make the money now.

 

[CapeChem]

That is my dilema now......I am all in....so i need to watch and move to G at the right time to secure gains and then come right back in at the bottom of the retrace...but i dont want to jump to G just to see us bounce off support and continue upward......I think we will start the day lower, trickle upward and it will be 12:00 and I will have no clue on what it will do in the afternoon....Coolhand says there is a SS Sell..... decision points suck!!!!

 

[CapeChem]

I need a breather.......going on a long weekend.....went 100G......still have one IFT to jump back in when i want too........Have a good long weekend everyone!

 

[CapeChem]

I guess to be a little selfish I would love a big 3:00 push upward, then give it all back on tuesday so i can buy back in lower........but i digress.....oh yeah, weekend!

 

[CapeChem]

Well I am back from the long weekend......not only did i not get my upward push friday, I got a swift slap in the face with a +2.6% yesterday......I would like to see us finish the inverted head and shoulder, and jump in on the shoulder.

 

[JTH]

Well I am back from the long weekend......not only did i not get my upward push friday, I got a swift slap in the face with a +2.6% yesterday......I would like to see us finish the inverted head and shoulder, and jump in on the shoulder.

Hense the problem, if everyone sees it, than it may not happen.

 

[CapeChem]

by the way JTH....thanks for your blog work and charts.....it is much appreciated

 

[CapeChem]

wow...what just happened 1:45!!!......looks like another lower high is falling into place