coolhand's Account Talk

[coolhand]

Re: Correction Time - Merry Christmass!!!

Mark has not updated this chart in weeks. Folks on TT have been asking about it and he's not addressing it.

It was fun to watch it play out when he was engaged with the chart, but his silence on the matter tells me he's abandoned it. It may have already served its purpose.

The chart was never meant to serve as a tool per se. He used to use it years ago, but dropped it from his toolbag. I think it was tracking so well recently that he wanted to see what others thought about it and to gauge whether there was any measurable interest in it by the MB.

Mark finally made a comment re: TPP. He was asked to please provide an update as some on the MB wanted to see what it looked like. Here's his response:

I would too, but I'm shy some help. I gotta learn how to use the graphics program...

 

[coolhand]

Based on the fact that the NAZ is sporting a good gain at the moment, and assuming things don't fall apart this afternoon, I'd not be surprised to see a Seven Sentinels Buy Signal today. However, I'm not front-running it. The charts are just not bullish enough for me at this point. Things could change tomorrow, but for just for today these are my thoughts.

 

[fedgolfer]

Happy Birthday, old man

May this year bring you many profitable SS buy signals!

 

[grandma]

yah - what fedgolfer said - and that is tomorrow by my clock!!!

 

[airlift]

CH,

Is this your Birthday? Or whose Birthday are Fedgolfer and Grandma refering to? I am following the SS Buy signal today. Thank you and Best of Luck to you and to all!

 

[airlift]

Re: Correction Time - Merry Christmass!!!

http://en.wiktionary.org/wiki/bejesus :nuts:

SkyPilot,

It is always good to hear from you. Hope everything is good with you! Best!

 

[KevinD]

Happy Birthday! :nuts:

 

[coolhand]

Thanks for the Birthday wishes!

Hope I can turn a nice profit with the latest SSBS to celebrate.

 

[nasa1974]

Happy Birthday CH.

 

[coolhand]

The arrogance continues. These people really are on another planet.

http://online.wsj.com/article/SB10001424052748703735004574572363440861826.html

 

[nasa1974]

The arrogance continues. These people really are on another planet.

http://online.wsj.com/article/SB10001424052748703735004574572363440861826.html

Couldn't agree more. They sure think they are above the rest of us.

 

[airlift]

Yes CH, Happy Birthday! So far the SS have been productive. I don't see any reason why the indicators should fail to detect the right trend.... And hopefully seasonality is with us! Have a great day!

 

[CountryBoy]

Happy Birthday CH and may the ss smile on all of us next year.

CB

 

[eccougar]

Happy Birthday Coolhand. Thanks for info.

 

[Minnow]

Here's wishing you a Happy Birthday Cool... and happy investing!!!

 

[tsptalk]

Hb2u ch!

 

[Frixxxx]

Happy Birthday coolhand!

-1 year for just being you today!

Frixxxx

 

[malyla]

Happy birthday. Looking forward to more great commentry in 2010.

 

[coolhand]

Thanks again for the HBD's folks!

It really does appear that market character is changing. Past SSBSs were met with intense buying pressure making it tough to take a position before much of the gains had played out. It now appears rallies may not play out as quickly as before. This is important, because if character has changed we need to dismiss previous notions about how this market will act as we move forward.

At the moment, the market has posted modest gains in all three TSP equity funds. However, we could see more weakness before the market validates yesterday's SSBS. I would expect any weakness to be contained. For once the market is not ripping to the upside, and for that I'm thankful.

 

[Diesel]

Extending my birthday wishes to you for a profitable year. I thoroughly enjoy reading your daily blogs. Thanks for taking the time.

Happy Birthday CoolHand