clester's Account Talk

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The overbought sell doesn't mean we will go into bear market. It just means we should have a pull back. How much nobody knows. We should at least pull back to the 50 or maybe 200 Dma
 
S&P RSI is over 80. That's a sell for my system. It's an extremely overbought reading. Going 100% G.
 
clester said:
S&P RSI is over 80. That's a sell for my system. It's an extremely overbought reading. Going 100% G.
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I'm glad I have about 25% of my money in stocks in various ira accounts. But it sure feels dangerous here. C fund is way overbought but S fund isn't. That's odd too. Idk what to make of it.
 
clester said:
I'm glad I have about 25% of my money in stocks in various ira accounts. But it sure feels dangerous here. C fund is way overbought but S fund isn't. That's odd too. Idk what to make of it.
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Well if it is any comfort, the C fund had 4 down days in February, while the S fund had 8 down days. Perhaps that is part of it...:D

For February, the S&P started the month at 2279.55 and ended at 2363.64, a gain of roughly 84 points, while DWCPF started at 1174.77 and ended the month at 1203.89 and gain of only 29 points.

Seems to me that the S fund was consolidating while the C fund was full steam ahead. Looking ahead, I would think the S fund regains the lead in March.:rolleyes:
 
Well, my system has a buy, S fund has held the 50 dma and bounced and it's RSI in good shape. C fund hasn't had enough of a pull back imo but it is still looking good and not overbought via RSI but still pretty high. I fund is at the top of its channel and may need a pull back to bottom of the channel. All 3 are in bull markets and above the 50 dma. So, I will move to 100 % stocks. I haven't decided on allocations yet but I'm leaning toward the S fund. Perhaps I should dived it up. Decision tomorrow. I'll be watching March Madness all day tomorrow, so I'll make a decision by 11 am or so.
 
clester said:
Well, my system has a buy, S fund has held the 50 dma and bounced and it's RSI in good shape. C fund hasn't had enough of a pull back imo but it is still looking good and not overbought via RSI but still pretty high. I fund is at the top of its channel and may need a pull back to bottom of the channel. All 3 are in bull markets and above the 50 dma. So, I will move to 100 % stocks. I haven't decided on allocations yet but I'm leaning toward the S fund. Perhaps I should dived it up. Decision tomorrow. I'll be watching March Madness all day tomorrow, so I'll make a decision by 11 am or so.
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S fund has busted its 50 dma and C fund is getting close. RSI levels are around 40. We usually get a bounce between 40-50 area in a bull market. We could get a dip to 30 and get a test of the 50 dma for C fund. I'm looking for a good April- June but then the summer get a pull back based on Dow vs presidential election cycle. It hasn't lined up that well so far this year so I wouldn't count on it too much.
 
Looks like I will have to move out of S fund. C fund will test its 50dma from above and I fund is actually looking the best. US dollar is weakening some which helps. So I'm thinking I fund at the moment.
 
clester said:
Looks like I will have to move out of S fund. C fund will test its 50dma from above and I fund is actually looking the best. US dollar is weakening some which helps. So I'm thinking I fund at the moment.
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Interesting time for markets. C and S funds have started a downturn but can break that trend today. C fund is holding the 50 dma and S fund is below the 50 but trying to get back above it. I fund is near the overbought RSI of 70. End of the month is near.



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clester said:
Interesting time for markets. C and S funds have started a downturn but can break that trend today. C fund is holding the 50 dma and S fund is below the 50 but trying to get back above it. I fund is near the overbought RSI of 70. End of the month is near.



Sent from my iPhone using TSP Talk Forums
Click to expand...


Since I jumped into the "I" fund the other day kind of hoping that it stays strong for a little while longer and the "S" fund stays weak so I can jump back in with an increase in shares. :rolleyes:
 
Well, I fund has successfully tested its 50 dma. S and C funds are right at it. Can we rally to new highs is the question. I still have a buy on I fund.


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clester said:
Well, I fund has successfully tested its 50 dma. S and C funds are right at it. Can we rally to new highs is the question. I still have a buy on I fund.


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Click to expand...

Considering selling due to I fund being overbought and gap up in other funds. Plus all the news stories and end of the month. It is a bull market though.
 
clester said:
Considering selling due to I fund being overbought and gap up in other funds. Plus all the news stories and end of the month. It is a bull market though.
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ok. Selling I fund. Going 50 C 50 G because my system has me always being in at least 50% in a bull market and I have a sell on I fund due to RSI over 70. If we can break out to new highs I will move all back into C or I fund next week.
 
🖒I'm looking for 2420ish S&P before a healthy reset. Not sure about the summer.

Also noticed almost all the folks bailing yesterday and today don't have stellar returns so far this year. May not mean anything, but my ears perk up when heavy hitters go to the sidelines.
 
JamesE said:
I'm looking for 2420ish S&P before a healthy reset. Not sure about the summer.

Also noticed almost all the folks bailing yesterday and today don't have stellar returns so far this year. May not mean anything, but my ears perk up when heavy hitters go to the sidelines.
Click to expand...

I generally jut stay on the side walk as much as possible.
 
JamesE said:
🖒I'm looking for 2420ish S&P before a healthy reset. Not sure about the summer.

Also noticed almost all the folks bailing yesterday and today don't have stellar returns so far this year. May not mean anything, but my ears perk up when heavy hitters go to the sidelines.
Click to expand...

That's a reasonable target imo. It would get us to a new high and push rsi to 70 area.


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