clester's Account Talk

[clester]

I can't quite get very bearish yet hear unless the various channels break down...
Above the Green Line - May 19, 2016 Buy high, and Sell Higher: Momentum Investing - Joanne Klein - Public ChartList - StockCharts.com

A possible path forward from here is another big bounce...
Weekly Forecast: Week of May 16th, 2016


But who knows, I don't.

Thanks for the input. I decided to sell my S fund and keep the 50% C fund for now. That is what my system says. So, why fight it. It usually doesn't work out.

 

[clester]

OK. Shoulda sold huh? I will follow my my system and sell my S fund. C fund is in bull market but in a downtrend. F fund has divergence on price vs RSI so I won't buy that. I fund is a sell. We still have a week and a half of trading this month. If I sell some then I'm done buying until June!

I wonder if we will have a Friday bump. Then I could sell. It seems on down weeks Friday has a bump. Maybe shorts squaring up for the weekend. So.... When to sell????

Well we got the friday bump. Shoulda waited a day

 

[clester]

S&P has failed at the 50 dma 2 times now from bellow. If it ends up failing here we could get a big break lower. Lots of possible drama coming with brexit and fed next month.

 

[clester]

S&P has failed at the 50 dma 2 times now from bellow. If it ends up failing here we could get a big break lower. Lots of possible drama coming with brexit and fed next month.

As of right now C and S funds are in bull market rules and above 50 and 200 dma so i now have buy signal for 100% for those 2 funds. Too bad my tsp board denies me the right to trade again this month

 

[clester]

As of right now C and S funds are in bull market rules and above 50 and 200 dma so i now have buy signal for 100% for those 2 funds. Too bad my tsp board denies me the right to trade again this month

At least my system kept me in 50% though.

 

[RealMoneyIssues]

Too bad my tsp board denies me the right to trade again this month

Amen... tyrants!

 

[clester]

C fund is testing recent closing high of 2102. If we clear it i will have a strong buy.

 

[sgtbriangreen]

Looks like the bears stepped in. New Brexit poll have something to do with it?

 

[clester]

Looks like the bears stepped in. New Brexit poll have something to do with it?

Could be. Too hard to guess what big money will do. Im not buying today because we are right at resistance and need to clear it or pull back to 50 dma area for a buy

 

[clester]

Could be. Too hard to guess what big money will do. Im not buying today because we are right at resistance and need to clear it or pull back to 50 dma area for a buy

So, I'm on vacation. Now in Oregon headed to san diego this week. Hard to be on west coast and make a trade by 9am. I used to eastern time. Looks like we have a buy on c and s funds.

 

[Whipsaw]

So, I'm on vacation. Now in Oregon headed to san diego this week. Hard to be on west coast and make a trade by 9am. I used to eastern time. Looks like we have a buy on c and s funds.

I was in Hawaii a few months back, that was a challenge! :cheesy:

 

[clester]

Decided to stay put. We are too close to overbought on rsi but still some possible room to go higher. Timing the buys and sells still hard for me.

 

[jkenjohnson]

Sometimes I think it just comes down to LUCK. And I don't think anyone can consistently pick the very bottom or very top. See if you can figure it out and let me how to do it please? :smile:

 

[clester]

S fund's RSI hit 70 and sentiment is too bullish so I'm thinking we could get a pullback to the 50 dma or a little through it. That would give me a good buying opportunity.

 

[jkenjohnson]

I'm lazy what is the number for 50dma?

 

[Cactus]

For the S Fund? It looks like it is around 1023.

 

[clester]

Well I'm now in san diego for the week. Resting up at my son's place. Put 5,000 miles on the car so far. About 2,700 more to get home. What a trip. Monday i start the trip back to east Tennessee.

Markets are getting interesting again.

 

[PessOptimist]

Enjoy your trip back. You likely know all this but it's going to be hothothot for the first part of the trip. Making an assumption you are heading east on I-8.

https://alerts.weather.gov/cap/az.php?x=1 .

Take some water with you and watch for tiregators or roadgators. https://blog.allstate.com/dont-let-road-gators-bite/.

PO

 

[clester]

Enjoy your trip back. You likely know all this but it's going to be hothothot for the first part of the trip. Making an assumption you are heading east on I-8.

https://alerts.weather.gov/cap/az.php?x=1 .

Take some water with you and watch for tiregators or roadgators. https://blog.allstate.com/dont-let-road-gators-bite/.

PO

We decided on going north and hit I 40. It was 126 degrees in needles as we passed through. Got gas near there and it was an odd feeling out in the heat. No sweating. Just like an oven i guess. Don't know how folks live there. Went through Williams up to grand canyon and out the east side. Awful quiet east if there. Did go to monument valley and four corners. Headed to durango and alamosa CO today

 

[clester]

I actually have strong buy but I am waiting on the brexit vote just in case. I think staying in is now expected so a stay vote should be a non event. A no vote could cause a big problem