jpcavin
Well-known member
What does the yellow and red represent?
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Dr Faustus's Account Talk
- Thread starter DrFaustus
- Start date
What does the yellow and red represent?
MrJohnRoss
Well-known member
Looks like today may bend that green line down.
Clemso and MarkC seem to have made the right choice for today. It was almost certainly the right call for the short term but will it cost them over the longer haul? Time will tell. At any rate, the charts are telling me to stay the course, so I am remaining 100%F for the moment.
Today's charts are indicating an ALERT signal, signifying a possible change in allocation. However, they gave an ALERT even if the market went to the strong upside ( a +3 sigma change ). Bottom line, now might be a good time to get in and get ahead of the curves but I think caution is still warranted. Besides, letting my gut feel override my system is a surefire way of destroying the system. So I'm going to keep a watchful eye on the market, there might be a change coming up in the not too distant future. Or not. : ) Still 100% F today
Am still getting an ALERT signal from my charts which indicates that it's not quite ready to change over to a BUY signal yet. Another day like today and I think we'll be there.
For those who might be watching these posts, I want to reiterate a couple of things. 1) Am trying to work my system so am trying to ignore my gut feel on when to get in / out of the market. 2 ) My goal (and I've stated this before) is not to be the top investor on the AutoTracker, but rather to remain "in the hunt" year after year after year. In other words, generate good, solid returns year after year.
Have a good January!
For those who might be watching these posts, I want to reiterate a couple of things. 1) Am trying to work my system so am trying to ignore my gut feel on when to get in / out of the market. 2 ) My goal (and I've stated this before) is not to be the top investor on the AutoTracker, but rather to remain "in the hunt" year after year after year. In other words, generate good, solid returns year after year.
Have a good January!
JTH
Well-known member
Good stuff, I agree with you that trying to be number #1 on the tracker does not align with having a decent long-term trading system.
Better news by the end of the week hopefully!
Mcqlives
Active member
Just one day too early....I hope.
felixthecat
Member
I agree with you...market has some good footing on earnings as long as news from Greece is neutral and oil does not start a downslide. I believe another day of staying in is what my crystal ball is telling me. Actually more of reading the market pulse. Our patient is still kicking.
