Corepuncher's Account Talk

[Steadygain]

Today would have been a GREAT entry day !!

For this is just the beginning



There is a huge difference between Bull Rahm which everyone hates

and Bull Manure -- which is almost over my head ....

..... will need a snorkling tube pretty soon


CP -- don't be a stranger

 

[Steadygain]

Corepuncher,
Once I start 'Playing the Game' seriously there are 3 Targets I'm out to Beat.

You, Uptrend, and 350z -- just like last year -- so this one will be exactly the same in my genuine efforts to rise above you. You 3 have consistently made some of the most outstanding posts over and over!! -- Your (all 3) wealth of knowledge in sizing up the Markets and everything is simply phenomenal. Most of all - and equal to everything else -- I don't feel remotely awkward going against you 3 because I seriously don't think there's a hint of hard feelings.

SO -- Ending the Year with 20% or whatever is wonderful no matter who you beat.

BUT -- Ending the Year ahead of YOU - Uptrend - and 350z is like the Hunter claiming the Greatest Trophy on Earth.

It's like finding the most perfect woman ever -- in every possible way and knowing she's totally yours.

So it's more than just winning -- it's winning with the Greatest Achievement Imaginable.

So Corepuncher -- I'm askin ya from the bottom of my heart to please come back and start 'Posting' and hanging around a bit more cause it's no fun 'Razzing Ya' as I'm coming up and passing you if you're not around.

Thanks man -- hope you understand

Steady

 

[350zCommTech]

Corepuncher,
Once I start 'Playing the Game' seriously there are 3 Targets I'm out to Beat.

You, Uptrend, and 350z -- just like last year -- so this one will be exactly the same in my genuine efforts to rise above you. You 3 have consistently made some of the most outstanding posts over and over!! -- Your (all 3) wealth of knowledge in sizing up the Markets and everything is simply phenomenal. Most of all - and equal to everything else -- I don't feel remotely awkward going against you 3 because I seriously don't think there's a hint of hard feelings.

SO -- Ending the Year with 20% or whatever is wonderful no matter who you beat.

BUT -- Ending the Year ahead of YOU - Uptrend - and 350z is like the Hunter claiming the Greatest Trophy on Earth.

It's like finding the most perfect woman ever -- in every possible way and knowing she's totally yours.

So it's more than just winning -- it's winning with the Greatest Achievement Imaginable.

So Corepuncher -- I'm askin ya from the bottom of my heart to please come back and start 'Posting' and hanging around a bit more cause it's no fun 'Razzing Ya' as I'm coming up and passing you if you're not around.

Thanks man -- hope you understand

Steady

It's not a competition for me. I'm just here to increase my balance.

But has it occurred to you that most if not all folks at the top of the tracker, hardly ever post anything?

 

[nasa1974]

It's not a competition for me. I'm just here to increase my balance.

But has it occurred to you that most if not all folks at the top of the tracker, hardly ever post anything?

350Z, Never paid attention. Good point.

 

[Steadygain]

It's not a competition for me. I'm just here to increase my balance.

But has it occurred to you that most if not all folks at the top of the tracker, hardly ever post anything?

350z -- that's probably the biggest reason why I picked you 3 as well and that's exactly how I feel.

It's the exact same thing for Uptrend -- and I think CP is the same way -- none of us are out for blood but simply to increase the balance.

Still -- it's worthwhile to find someone 'worthy' and to me it makes it more fun.

If others make themselves known anything like you guys I might pick some new targets -- but you guys go back aways and so it makes it all the better.

Anyway -- be cool my friend and play your hardest -- cause you're right after him.


Oh yeah, and it's weird your ativar is Silverbird's twin sister -- kind of flips me out

 

[Uptrend]

But has it occurred to you that most if not all folks at the top of the tracker, hardly ever post anything?

I have noticed that and often wondered if they have reasoning behind their decisions or if it is just dumb luck. Remember optionman last year; he went away for months and rose to the top of the tracker. He was 100% in I and the USD was downtrending the whole time.

 

[350zCommTech]

I have noticed that and often wondered if they have reasoning behind their decisions or if it is just dumb luck. Remember optionman last year; he went away for months and rose to the top of the tracker. He was 100% in I and the USD was downtrending the whole time.

Even if it's just pure luck, I would like to hear it.

Btw, didn't optionman eventually take himself off the tracker because he stopped posting his actual moves?

 

[Uptrend]

Even if it's just pure luck, I would like to hear it.

Btw, didn't optionman eventually take himself off the tracker because he stopped posting his actual moves?

I think he came back for a little while, but wanted his big gains removed. Yeah he had the phantom thread. Everyone but him would post, and when you arrived at TSP central in the AM you would be excited to see he was commenting, only to find out it was BS from Steady or someone else.

 

[350zCommTech]

I think he came back for a little while, but wanted his big gains removed. Yeah he had the phantom thread. Everyone but him would post, and when you arrived at TSP central in the AM you would be excited to see he was commenting, only to find out it was BS from Steady or someone else.

Yeah, I know what you mean. I really miss the old days. I'm not just talking about the unlimited IFTs, but the days before Ebb and TraderFed went commercial. We had some good discussions then.

 

[Uptrend]

Yeah, I know what you mean. I really miss the old days. I'm not just talking about the unlimited IFTs, but the days before Ebb and TraderFed went commercial. We had some good discussions then.

Trading is a lot harder now. One wrong move and your account is in pain. So, this leads to playing only the highest probability TA set-ups as a trader, or try to catch the large trends and ignore the daily volatility. This leads me to believe that the weekly signals might give acceptable results for what we are doing.

Another way to play might be to sit in G until you see a pretty good low and then go in and hold and go away for a few months.

 

[Minnow]

Yeah, I know what you mean. I really miss the old days. I'm not just talking about the unlimited IFTs, but the days before Ebb and TraderFed went commercial. We had some good discussions then.

That's when I first started lurking here... couldn't agree more... the things I learned then were priceless and kept me coming back for more. Not saying that trading with the current IFT rules isn't "exciting" but.... well I'll just leave it at that.

There are still great posts and good resources here and I love this site.

 

[Steadygain]

Yeah, I know what you mean. I really miss the old days. I'm not just talking about the unlimited IFTs, but the days before Ebb and TraderFed went commercial. We had some good discussions then.

Same here guys -- and that's another reason why you 3 have made it so fun -- I mean each of you really adds a lot with all you post and the ones that don't --


-- well -- what can I say -- when you have no clue what they're like or what they're thinkin'.


CP is disappering too -- which is really a bummer and 12%


Ebb was like a magnet when I first got here .... but I think Uptrend is just as cool and adds everybit the 'good stuff' to reflect on.


Of course you're like the all time ultimate 350z -- but you disappeared for awhile -- so at least we have what we have.


Birch is still in the learning stage and askin' a lot of questions and Nasa - Frixxxx - Poolman -- Coolhand -- Nordic and many others have more than made the place worthwhile. Let alone the super genuises and unmovable ROCKS -- Lady, Alevie, Grandma, Silverbird, Malyla, Joy Lynn, Bluehenge ... and the other undisputed Financial Wizzards and Market Gurus .....


...we just make the Best with what we have

Scrappy, Work FE, Viva la Migra -- Tom, Moderators and all the rest of course you too .... whenever you mention names you're bound to miss a bunch ... you'd normally include


wow -- lots of posts since I started this one -- -- Minnow you too and CB ....

 

[turbo23dog]

I noticed a major change in the usual posters about the time TSP Talk started the ETF Forum. I don't follow ETFs either so I have no idea what's going on over there.

 

[Corepuncher]

Have no fear, the toddler dressed up like a Pan is here.

Funny how I was just thinking today that the dollar fund (UUP) needed to close above 23.70 for a breakout up...as it was bouncing around 23.60-23.72 all day long. Low and behold, we are now 23.85 after hours as I write. HOWEVER...we've had this pattern of gapping up overnight, peaking midday and then selling off late. I want to see the dollar hold these levels and/or rise into the close on Friday. Then I will be more inclined to believe some forced equity liquidation will occur...with my target near 1000 on the S&P.

IF the UUP peaks early Friday, and sells off fairly hard back below 23.70, the market will likely reverse and rocket up from morning lows. Whenever I do jump into the market, it will be 100% S as the I fund is too risky with the dollar.

Bond funds are still doing bad and I would not touch them. G is the better choice.

The rally over the past few days has been on VERY low volume. I do not trust it at all.

Also, I like Dennis Gartman and he said the other day that this is going to be "much more than a 10% correction"...more like 15-20% he says. I think we test 1000.

 

[Steadygain]

Great stuff Corepuncher !!

Decided to finish up everything tonite --- and came back for one last peak.

S Fund's the way to go ~~ and if this 'correction hits' -- it would immensely validate my gut feeling.


Later man --- and come back more often -- please

 

[Corepuncher]

Stocks are showing impressive resilience despite a strongly up dollar...I suspect it's b/c of tout TV blowing off the rate hike and any implications. However, perception is reality and the dollar remains very strong as I write. If the dollar was falling back below 23.70 I'd be more apt to go all in S but it's hanging in there at 23.82 still.

Actually, looking at crosses I want to see EURO/DOLLAR close above 1.354 to get more excited for a turn around in stocks.

I want to see a capitulation ofthe euro and total unwind of dollar to find a strategic entry point. Lets see if we can close much above 1110-1115...which was my technical bounce levels.

 

[Corepuncher]

Interesting reversal of the euro and dollar today. Maybe got a bit ahead of itself after hours yesterday...but still uptrend for dollar is in tact. The 23.72 UUP is still the highest close of the rally...despite falling all day today.

Well we've been rallying for two weeks now...and the last week has been on very low volume. We're taking the stairs up but the elevators down. I'm perfectly content gaining G rates for the time being.

While I like the S fund when in rally mode...it seems comparatively overbought at the moment. I'll wait until there's some rubble to sift through before allocating money into stocks.

 

[Frixxxx]

You have that spreadsheet fixed yet?!?!

 

[Corepuncher]

You have that spreadsheet fixed yet?!?!

Oh man...I haven't even attempted to fix it I'm so far behind. It takes about a minute to update each DAY...and it's been many, many days since I ran it last. I'd have to sit there literally for hours and click and stare constantly. Maybe someday...

 

[Frixxxx]

Oh man...I haven't even attempted to fix it I'm so far behind. It takes about a minute to update each DAY...and it's been many, many days since I ran it last. I'd have to sit there literally for hours and click and stare constantly. Maybe someday...

You are talking about that loan spreadsheet in your signature block?