CapeChem Account Talk

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The 5 and 10 dma fell below the 20 dma for SPX......this is a get ready to sell signal for me and my scheme.... of course i never follow my scheme....i already sold last friday......The same is true for C and S funds....only the I fund still has it 5 and 10 dma above the 50 dma
 
I jumped out friday because i took an extended weekend.....so i am looking to jump back in.....i would love for this to be a down day.......one IFT left for the month....last trading day of the month....Position my sef in CSI so i can have two moves into CSI available next month.
 
I feel the same way, but I happen to think we will finish the month strong, and Monday will be a better buying opportinity. I sure hope I'm not wrong.
 
I read somewhere that there are only 3 choices the US can make to avoid the economic meltdown due to bonds failure.
1) let the stock market crash to scare ppl to jump back into bonds.
2) keep on printing $ till the economic failure
3) dont do anything and balance the budget

They will most likely do 1.
stocks will drop soon, but not yet.
 
considering JTH, uptrend, and DC.....I will look for my jump back in point in june.......Thanks guys......
 
12:00 deadline foces me to not make a move......hopefully with all this upward movement there will be some nice profit taking tomarrow.......of course since i didnt move today the market will drop 50 points between 3:00 and 4;00.....gotta love it....still on that long weekend breather!!!100G
 
Don't be surprised to see the Dow close up over 300 points - the 200 day line will fall.
 
allllllllllrighty then.....30C30S40I cob today.........atleast a little sell off to make me look like i know what i am doing would be nice.
 
An IFT made before the deadline can be changed or cancelled up to the 12:00 deadline. An IFT submitted after the deadline can be changed or cancelled up to the 12:00 noon deadline the next trading day.:o
 
Thanks...I thought thats what it was, but you know how sometimes you think you know something, then a seed of doubt gets planted. Then you go round and round in your mind about it. Then you need someone to remind you that what you originally thought was right.......well that is what you did.......I guess thanks would have sufficed.......I just have a gut feeling im getting ready to take a beating today.
 
I have been reprimanded and chastised.....during my 5 day hiatus from the market i missed out on about 5% in increases (Reprimand).....I then jumped back in and the next day received a 2% hit(chastise)......But yesterday the market was kind enough to return almost all of it (Grace).....thanks
 
Didn't know you could cancel an IFT, But next queation. If you cancel the IFT does it count as two of your three moves for the month, or does it just cancel, and you still have three moves?
Thanks
Aule
 
Aule Mar said:
Didn't know you could cancel an IFT, But next queation. If you cancel the IFT does it count as two of your three moves for the month, or does it just cancel, and you still have three moves?
Thanks
Aule
Click to expand...
If I understand your question correctly, when you cancel the IFT it doesn't count. You would still have 2 IFTs anywhere (assuming you haven't used one for the month) and then unlimited % IFTs to G only.

Lady
 
Last edited:
The first two in any direction count....After the first two you have unlimited into G.
 
And one more caution. You can only cancel an IFT up until noon Eastern Time each business day. After that you're stuck with whatever IFT request you made.

Lady
 
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