coolhand's Account Talk

[coolhand]

A bit on the bullish side now...watch out.

View attachment 7131

 

[coolhand]

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aKAfnmqSWcDw

 

[coolhand]

http://www.marketwatch.com/story/no-more-bullish-now-than-2000-points-ago-2009-10-30

 

[mdszj]

Decisionmoose says go to cash:

http://www.decisionmoose.com/Moosecalls.html

Check out the home page for a performance comparison vs S+P over the last several years.

 

[coolhand]

Sign of things to come.

http://www.latimes.com/business/la-fi-state-tax31-2009oct31,0,2028140.story?track=rss

 

[coolhand]

Decisionmoose says go to cash:

http://www.decisionmoose.com/Moosecalls.html

Check out the home page for a performance comparison vs S+P over the last several years.

Glad to know me and da Moose are singing in tune. :cheesy:

 

[airlift]

CH,
Are you still holding 30% stocks? Tia

 

[coolhand]

CH,
Are you still holding 30% stocks? Tia

Yes.

 

[coolhand]

Dead Government Walking.

http://www.sprott.com/Docs/MarketsataGlance/MAAG_10_2009.pdf

 

[coolhand]

Out.

All G.

I think the market has changed its character on the current bout of selling pressure. Following the Seven Sentinels Sell Signal completely now. The trend appears to be down for now.

 

[turbo23dog]

I'm stilll in 25% C. I couldn't have gotten out today anyway as our access to the internet was really slow due to some kind of equip failure. I guess I'll have to let it ride for the time being... BTW my payday allocation is going into C S and I. I figure why not buy while its low.

 

[coolhand]

I'm stilll in 25% C. I couldn't have gotten out today anyway as our access to the internet was really slow due to some kind of equip failure. I guess I'll have to let it ride for the time being... BTW my payday allocation is going into C S and I. I figure why not buy while its low.

I'm looking for some indication that the Seven Sentinels is going to turn before I jump back in. I'm considering front running it a bit more to take advantage of whipsaws, but that will depend on the set-up.

 

[coolhand]

http://www.raymondjames.com/inv_strat.htm

 

[coolhand]

http://www.suntimes.com/business/currency/1859328,CST-FIN-savage02.savagearticle

 

[Nordic]

Out.

All G.

I think the market has changed its character on the current bout of selling pressure. Following the Seven Sentinels Sell Signal completely now. The trend appears to be down for now.

CH - Do you ever consider playing the F fund when you move all out of equities? I usually don't, but I moved 50/50 G/F yesterday seeing if I could pick up some nickels in the F if the market made a solid move down.

 

[coolhand]

CH - Do you ever consider playing the F fund when you move all out of equities? I usually don't, but I moved 50/50 G/F yesterday seeing if I could pick up some nickels in the F if the market made a solid move down.

Not really. The seven sentinels are not designed to track bond performance. I know you're actually thinking about using the F fund to possibly outperform the G when safety is a concern. It's a tough call though. If the F fund starts to underperform it would burn an IFT to move to G fund. Not sure it's worth the risk (IFT wise, vice potential profit).

 

[JTH]

Not really. The seven sentinels are not designed to track bond performance. I know you're actually thinking about using the F fund to possibly outperform the G when safety is a concern. It's a tough call though. If the F fund starts to underperform it would burn an IFT to move to G fund. Not sure it's worth the risk (IFT wise, vice potential profit).

Agreed, In addition (from what backtesting I've done) just because it's a great time to be out of the markets DOES NOT mean it's a great time to be in bonds

or more importantly it doesn't mean you'll get a great entry point in bonds.

 

[mdszj]

ch

I noticed that the $tran is up big-time today, almost to its 50 sma. Seems like $tran has definitely been leading the market around recently. Given this, I am wondering if the mkt will bounce in the next couple days? ALso, some other indicators that I have been following recently are telling me that we should expect a bounce as well. I hope so because I went long SSO this morning. Guess we will find out soon...

ANy thoughts appreciated.

 

[coolhand]

ch

I noticed that the $tran is up big-time today, almost to its 50 sma. Seems like $tran has definitely been leading the market around recently. Given this, I am wondering if the mkt will bounce in the next couple days? ALso, some other indicators that I have been following recently are telling me that we should expect a bounce as well. I hope so because I went long SSO this morning. Guess we will find out soon...

ANy thoughts appreciated.

I saw $tran moving higher too. I'm watching the SS to try and get an idea when this market might turn. $BPCOMPQ has continued to drop, even on rallies, so I'm still cautious. I'm worried that some of these indicators are bull bait. :suspicious:

 

[mdszj]

ch

I just hit my short term target limit of 5% with the SSO trade from yesterday morning and got out. Not sure what will happen now in light of FOMC mtg - should be interesting.