clester's Account Talk

[jkenjohnson]

Yes. No clear buy signal yet. I would love to see the RSI drop.

thanks

 

[MrJohnRoss]

Yes. No clear buy signal yet. I would love to see the RSI drop.

Yeah, I'd love to see the RSI dip below 30, then watch the Stoch and PPO start to climb to confirm a new uptrend before going back in.

 

[jkenjohnson]

What sayeth the crystal ball?

 

[clester]

What sayeth the crystal ball?

Things are a little strange. The Dow hit below 30 on RSI, S fund bounced off it's 50 dma, and C is trying to get back over its 50 dma. I need a close above the 50 dma for a buy so I have a buy in S fund but not on C fund. I follow the S&P for my signals so... We'er not quite there.

 

[clester]

Things are a little strange. The Dow hit below 30 on RSI, S fund bounced off it's 50 dma, and C is trying to get back over its 50 dma. I need a close above the 50 dma for a buy so I have a buy in S fund but not on C fund. I follow the S&P for my signals so... We'er not quite there.

I think September will be bad. Just been reading about the political wrangling getting fired up again. Threats of shutting down the government and defaulting again. Man, this is getting old.

 

[jkenjohnson]

I think September will be bad. Just been reading about the political wrangling getting fired up again. Threats of shutting down the government and defaulting again. Man, this is getting old.

I was kind of feeling the same about September. I guess I need to get out soon. I'm trying to make a little scratch first.

 

[Birchtree]

September has the potential to be robust to the upside not withstanding the political satire. I'll continue as usual to stay long.

 

[jkenjohnson]

September has the potential to be robust to the upside not withstanding the political satire. I'll continue as usual to stay long.

You are never anything but long.

 

[clester]

Looks like a confirmation of a buy signal. Going 100% S fund.

 

[jkenjohnson]

Looks like a confirmation of a buy signal. Going 100% S fund.

Finally. Now I know I'm where I should be! Crystal ball says so. Be careful with that ball and don't drop it.

 

[Dutchy]

Clester, Which index has the most upside potential, S&P, Russell 2K or Nas.., ?? Thanks..

 

[jkenjohnson]

Looks like a confirmation of a buy signal. Going 100% S fund.

I thought you felt bad about September. Is this a short term play?

 

[clester]

I thought you felt bad about September. Is this a short term play?

You are right , I do! But my system says buy. The 50 dma is my sell stop. We should at least fill the gap on S&P before we go back down.

 

[jkenjohnson]

You are right , I do! But my system says buy. The 50 dma is my sell stop. We should at least fill the gap on S&P before we go back down.

Let us know when it flips to sell please. I know 20 point drop is one trigger.

 

[Valkyrie]

Let us know when it flips to sell please. I know 20 point drop is one trigger.

I'm gettting out at SP 1680 and will be buying FAZ and TZA. was just in/out on those two for $900 profit in 7 days, expect a lot more when SP hits 1680.
Enjoy.

 

[jkenjohnson]

I'm gettting out at SP 1680 and will be buying FAZ and TZA. was just in/out on those two for $900 profit in 7 days, expect a lot more when SP hits 1680.
Enjoy.

Thanks. Good info.

 

[weatherweenie]

Looks like a confirmation of a buy signal. Going 100% S fund.

I apologize in advance. I moved in today, before seeing your move.
;-)

 

[jkenjohnson]

If we rally into September, I will seriously consider getting out when all of the politicians return to Washington.

 

[Valkyrie]

If we rally into September, I will seriously consider getting out when all of the politicians return to Washington.

one of the best sell indicators ever!

 

[clester]

"Looks like I picked a bad day to quit sniffing glue"