clester's Account Talk

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I think today fits right in with how the market's been behaving for a while. The only exception being the Feb drop. As I write this we are right at the 20dma and I expect a bounce by this afternoon. If we close below 1520 (the 20dma) I will have to go into defense mode.
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We are in oversold area now and I think tomorrow will be an up day. I regret that I went 100% in too early, but thats the way it goes. We are below the 20 day ema which is worrisome. I am considering the S fund for tomorrow, expecting a bounce because we're oversold and looking for some short covering before the weekend.
 
Lots of folk running to G today. Looks like we see further selling this afternoon. I would be surprised if we didn't bounce tomorrow. Could be a dead cat though. Lots of fear in the air around here. Time to buy right?
No matter what if we don't hold the 50 day ema I'll take some out.
 
I know it can't be used for the tracker, but as I made my transaction today, I noticed I was still 50% G. Either I didn't make the transaction or TSP didn't. I don't know, but I won't complain. 100 S for tomorrow
 
Playing the short term channels is out. Long term channel (1 year) is intact, but a long way to the bottom of the channel. 50 Day ema has held so far today on the s&p. I'm expecting a bounce for a few days, but maybe another leg down. Right now I'm thinking I may get out for Tuesday.
 
Still not getting a good feeling about the markets, but fell I should be in for at least one more day. So I moved to C fund (not as volitile)
 
The markets seem ok today, but I've got that uneasy feeling. Maybe its the 10 year note. Still holding the 50 day ema. Tuesdays scare me anyway. Not much news until Wednesday's retail sales. I can't see a good reason to stay 100% in for tomorrow. I'll go 50% G and keep 50% C
 
Nice bounce here at about 12 o'clock. If we continue up today that would mean 2 pretty good days in a row. Maybe, buy the red and sell the green time?
 
I went 50% C and 50% I. Fridays have been good for at least 6 weeks and I bekieve CPI will be inline. The Fair valuation in the I fund (See Griffins comments) and the dollar are reasons for the move. I have been burned the last couple of time I went int the I fund. Hope this time is different. Also US markets up big yesterday and some follow through today is a good sign.
 
Since we've had a good run this week, I wouldn't be surprised to see a pull back. We're near overbought or already there. All the funds are near their tops and may see some risistance. I like to keep 50% in while while 50 dma is an uptrend, but I'm getting a little nervous here near the top. I fund is still in a range and has been for awhile. Therefore, I'm going 100% G. Since I like to keep 50% in I'll probably pu it back in on any weekness.
 
Very quiet day so far. It seems many TSPers going to G for tomorrow. So, we may get a dip this afternoon. I won't play it. Too risky. Plus Tuesdays scare me. Maybe, I'll dip in a little for Wed if we get that dip.
 
We're still flat to slightly down. Not enough down to entice me in yet. This slow down trend could pick up steam. No good reason to get in except we're above the 20 dma and in an long term up trend. I would like to go in 50%, but seems a little risky. Since I'm out already I stick it out for another day.
 
I got lucky yesterday. Just had a feeling it would sell off. It worked out well as S&P lost over 1%. I went in 50% yesterday and I love Fridays lately. I'll keep doing what works. I'll go in 100% today .nice recovery so far. 50C 50 I
 
Selling some GREEN. Maybe buy back by Thursday. Nice bounce off the 50 day EMA. I'm not convinced though. Tuesdays scare me a little, so thats another reason. I think Thur and Fri may be good.
 
Seems we're in a sideways channel now and in the upper half of it. Stochastics show that we're overbought. I'm looking for a retracement. I like staying in 50% while we're in an uptrend, but it looks a little risky right now.
 
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