clester's Account Talk

[InsaneZane1]

Depending on which MA's are being used...I'm looking at the Wilder's SMMAs for EFA and it looks like it made it past 50SMMA and is in a a 100SMMA/50SMMA squeeze at the moment. I had the I Fund itself in a 100DMA/10DMA squeeze prior to yesterday, but it had just barely cleared 100DMA by $0.03 after yesterday's close. With EFA climbing, it looks like a very good sign to me.

I usually have the same thoughts on bull markets. I try to keep the amount of time I spend in the G Fund to an absolute minimum. It's about impossible to time the market, so I've started to keep at least a small amount of my money in play once I think the fund(s) appear more likely to see a pull-back.

 

[clester]

Well my RSI targets haven't been hit so I'm in for next month. I would rather be in C or S funds but not ready to use a trade just for that. The euro is going to hurt the I fund as it works lower but its due a bounce.

 

[Cactus]

If you still had an IFT for August why didn't you use it to rebalance to C or S? Friday was your last chance. Use it or lose it.

 

[clester]

If you still had an IFT for August why didn't you use it to rebalance to C or S? Friday was your last chance. Use it or lose it.

I could have but I'm expecting a sell signal soon and jumping around funds gets me in trouble a lot.

 

[Cactus]

I can relate to that. :embarrest:

 

[clester]

No problems yet and I still have buy signals on all stock funds. C and S are looking good and still below RSI of 70 and above 50 dma. I fund is still in limbo because it hasn't gotten above its 50Dma yet but still looks OK. Its a little scary seeing the topping tail that has developed today esp on S fund but my system doesnt look at that.

 

[clester]

No problems yet and I still have buy signals on all stock funds. C and S are looking good and still below RSI of 70 and above 50 dma. I fund is still in limbo because it hasn't gotten above its 50Dma yet but still looks OK. Its a little scary seeing the topping tail that has developed today esp on S fund but my system doesnt look at that.

Nice pop over the 50 dma for the I fund. C and S have a little further to go before they get to overbought via RSI over 70. I give the S fund a little more leeway so it can go up to 80.

 

[clester]

Europe getting big bounce in their stocks due to Draghi but the euro is completely offsetting gains. I fund probably won't go up too much today.
But euro is way oversold so I expect it to bounce soon. Hope it holds 1.30

 

[clester]

Europe getting big bounce in their stocks due to Draghi but the euro is completely offsetting gains. I fund probably won't go up too much today.
But euro is way oversold so I expect it to bounce soon. Hope it holds 1.30

C fund has RSI this morning of 67.7 and a 70 is the sell 50% trigger. Still looks like another 10 points or so up to 2020 ish. S fund at 66 has plenty of room and I fund just getting above 50 dma with plenty of room for upside with RSI at about 58.

 

[clester]

C fund has RSI this morning of 67.7 and a 70 is the sell 50% trigger. Still looks like another 10 points or so up to 2020 ish. S fund at 66 has plenty of room and I fund just getting above 50 dma with plenty of room for upside with RSI at about 58.

The euro is killing I fund. -1.58%. It is way oversold and euro stocks up almost as much so they cancel out. Euro should bounce or at least stabilize.

 

[clester]

The euro is killing I fund. -1.58%. It is way oversold and euro stocks up almost as much so they cancel out. Euro should bounce or at least stabilize.

I fund could not hold the 50 dma. The S fund failed near it's last high. The C fund is testing its breakout from its last high.

However, C and S funds are above their 50 dma and I fund is near its 50 dma. All RSI's are in good shape because they never reached the 70 level (sell trigger). As long as the C and S hold above their 50 dma they are still a buy. I fund is in no mans land (neutral to negative since it failed at the 50dma). I am considering a move to C or S funds since they are both above the 50dma.

 

[clester]

I fund could not hold the 50 dma. The S fund failed near it's last high. The C fund is testing its breakout from its last high.

However, C and S funds are above their 50 dma and I fund is near its 50 dma. All RSI's are in good shape because they never reached the 70 level (sell trigger). As long as the C and S hold above their 50 dma they are still a buy. I fund is in no mans land (neutral to negative since it failed at the 50dma). I am considering a move to C or S funds since they are both above the 50dma.

Decided to move to C fund due to reasons above. It is also performing the best YTD. Looking for its RSI to get to 70 to sell 50% which should be a couple of percentage points higher.

 

[clester]

Decided to move to C fund due to reasons above. It is also performing the best YTD. Looking for its RSI to get to 70 to sell 50% which should be a couple of percentage points higher.

S and I funds retreated like I thought they might but so did C fund.

But C fund still looks good by my system. 50 dma above 200dma and price above 50 dma and RSI under 70 (never quite got their before).

 

[clester]

S and I funds retreated like I thought they might but so did C fund.

But C fund still looks good by my system. 50 dma above 200dma and price above 50 dma and RSI under 70 (never quite got their before).

Stocks looking week this month. I'm in 100% C fund as long as we stay above the 50dma (at 1971ish now).

 

[FireWeatherMet]

20 Day EMA holding so far...gets briefly pierced in intra-day past few days, but finishes higher. If today is one of those days again, I think we go higher...IMHO.

 

[clester]

S fund is testing its 200 DMA and the S fund is testing its 50 DMA. C fund still looks OK and is still above its 50 DMA by 10 points or so. This would be a good place for the S and I funds to bounce but often the price goes through the moving average a bit.

My move from I to C fund doesn't seem to have helped my account but it was the right move based on the charts. I'm expecting a great 4th quarter so I hope to stay in the rest of the year.

 

[Cactus]

Looks like that is the I Fund testing its 200 DMA and S Fund testing its 50 DMA. Thanks for pointing that out and reminding us about the price often going through the average a bit.

 

[clester]

Looks like that is the I Fund testing its 200 DMA and S Fund testing its 50 DMA. Thanks for pointing that out and reminding us about the price often going through the average a bit.

Thanks for the correction. They bounced as I expected at or near the moving average. Now lets see some follow through!

 

[clester]

Perfect bounce off the 50 dma for the S fund. C fund should get to a new high. A close above 2011 would keep 5he rally going and maybe we can get to that RSI reading of 70!

 

[clester]

Perfect bounce off the 50 dma for the S fund. C fund should get to a new high. A close above 2011 would keep 5he rally going and maybe we can get to that RSI reading of 70!

Nice follow through. We have room to run. Maybe 2% or so before the RSI gets to 70. I wouldn't be surprised if we test the breakout point sometime but things look good.