clester's Account Talk

[clester]

Ditto. I expect the RSI to get to 70 before we pause but it's Been good month already.

C and S funds don't have any resistance zones and good support should be at the previous highs. The RSIs are in the low 60's, so there is still some room to run. Maybe another 1-2%. I will be looking for that for a chance to lighten up by 50%.

I fund has made it to its 50 dma as I expected. Now it needs to break above it and stay above it.

 

[clester]

C and S funds don't have any resistance zones and good support should be at the previous highs. The RSIs are in the low 60's, so there is still some room to run. Maybe another 1-2%. I will be looking for that for a chance to lighten up by 50%.

I fund has made it to its 50 dma as I expected. Now it needs to break above it and stay above it.

I fund has broken through its 50 dma and looks to have room to run just like the other funds. All 3 funds have RSI around 65 and I don't get a warning flag until 70.

 

[Cactus]

Clester, I'm confused. Nothing new there. Did you mean the 200 DMA? I show the 50 DMA to be at 61.49 on the EFA and the 200 DMA to be at 64.19 with yesterday close at 64.35. So the I Fund just broke through the 200 DMA yesterday and the 50 DMA is still below the 200.

 

[polarbear]

I like the atom applet.

 

[polarbear]

I like the Sisyphus applet.

 

[clester]

K

Clester, I'm confused. Nothing new there. Did you mean the 200 DMA? I show the 50 DMA to be at 61.49 on the EFA and the 200 DMA to be at 64.19 with yesterday close at 64.35. So the I Fund just broke through the 200 DMA yesterday and the 50 DMA is still below the 200.

Obviously, you are correct. Thanks.

 

[clester]

I like the atom applet.

Thanks. I'm taking a class in quantum mechanics do I thought it was appropriate

 

[clester]

All stock funds are nearing RSI readings about 67. So I am watching closely for them to hit 70. That is an overbought warning. I may sell as it hits it or wait until it drops below after rising above. It's been a good month but it feels like time to pause. This week should get us up there.

 

[clester]

All stock funds are nearing RSI readings about 67. So I am watching closely for them to hit 70. That is an overbought warning. I may sell as it hits it or wait until it drops below after rising above. It's been a good month but it feels like time to pause. This week should get us up there.

Still waiting and end of the month is this week.

 

[jkenjohnson]

Still waiting and end of the month is this week.

I think today hinges on what Yellen says. We could have a sell off pending her remarks on the economy and interest rates.

 

[Mapper]

Clester, your system continues to serve you well. I continue to be impressed.

 

[pmaloney]

Luckily she is speaking early. Come on Yellen!

 

[clester]

Still waiting and end of the month is this week.

Ditto. Been quiet lately. S fund RSI is at 67 which is getting closer to a warning flag. I won't move until then. C fund at 65. So...we still have several percent upside potential

 

[clester]

Ditto. Been quiet lately. S fund RSI is at 67 which is getting closer to a warning flag. I won't move until then. C fund at 65. So...we still have several percent upside potential

Ready for a new month. Stocks have consolidated for a while now. Hope we're going to get that run up to the oversold RSI readings of 70. System is still on auto pilot for now. Letting it ride.

 

[clester]

Ready for a new month. Stocks have consolidated for a while now. Hope we're going to get that run up to the oversold RSI readings of 70. System is still on auto pilot for now. Letting it ride.

Nice start for March. We still have room to the upside. Another 2% or so to get us over 70 RSI. When I get that I'll be looking to take 50% off the table.

 

[clester]

Nice start for March. We still have room to the upside. Another 2% or so to get us over 70 RSI. When I get that I'll be looking to take 50% off the table.

Well, now we've started down. C and S funds can pull back quite a bit and still be buys. I mainly watch the 50dma for signs of big trouble. I combine that with chart patterns to determine a sell.

I fund is at a critical point. Can it hold the 200dma? If it does, then I would have a buy signal.

 

[clester]

Well, now we've started down. C and S funds can pull back quite a bit and still be buys. I mainly watch the 50dma for signs of big trouble. I combine that with chart patterns to determine a sell.

I fund is at a critical point. Can it hold the 200dma? If it does, then I would have a buy signal.

I fund via EFA index bounce up off the 200dma. It's still in a bear market but that give me a buy signal. My system says put max 50% there.

S and c funds remain on buys. So, the question for my system is...do I diversify into other funds? The problem there is that is costs one of my 2 ifts and I can't see that one fund is significantly better than the others. So, I'll stick with S fund until I get a 50% sell signal. That's RSI above 70

 

[clester]

I find will get clobbered today due to the dollar.

 

[clester]

So, the I fnd has dropped below the 200 dma so I now have a sell signal. C and S funds are still in bull market and above the 50 dma so they are still buys. We may test that 50 dma Monday but that would be a good time to buy if you're out. If the 50 dma doesn't hold then I'll have to do some serious thinking about selling. A couple to 3 days below it could be a problem.

For now...I'm not worried. Let it ride!

 

[Mcqlives]

So, the I fnd has dropped below the 200 dma so I now have a sell signal. C and S funds are still in bull market and above the 50 dma so they are still buys. We may test that 50 dma Monday but that would be a good time to buy if you're out. If the 50 dma doesn't hold then I'll have to do some serious thinking about selling. A couple to 3 days below it could be a problem.

For now...I'm not worried. Let it ride!

Careful buddy...I like your optimism but if this breaks to the downside it could get real bad fast. Personally, I hope the 50 holds and we climb...but I'll look for confirmation with a close around where we are now to get in. Good luck!