DreamboatAnnie's Account Talk

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well...and then it ended at the next support level of 2790. Hummm.....what happens tomorrow?
But keeping in mind a 3% drop is nowhere near the record. So hoping it doesnt drop a lot more....
 
about 5% off the highs...we just hit correction territory! How much, if any, do we have to go?!?!? I'm looking forward to watching some analysis tonight...that means you Dreamboat:D
 
Good evening,

Well.... Iif the market continues the sell off, I should think it would pause at 200 SMA but then move down to 2720-30 as next support level down. But this is just best guess IF it continues down as I can't foresee the future... Right now futures are down a little... Will see how it goes tomorrow.

Best wishes to you and everyone on your investments!!!!!!! :smile:

Mcqlives said:
about 5% off the highs...we just hit correction territory! How much, if any, do we have to go?!?!? I'm looking forward to watching some analysis tonight...that means you Dreamboat:D
Click to expand...

Here is 10 Yr Treasury chart ... Looks like it might be coming down a bit...that would be good for market. (Looking at MACD bars and Stochastic)
 

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Gosh...this drop is just terrible for so many. sad. :(
I was hopeful when I saw positives this morning ...but now ..well... what can one say.
I also had thought of entry, but decided against it since price still hugging the lower Bollinger band.

Sometimes I think the damn traders are trying to flush everyone out before they hump back in to drive price back up. :notrust:....although it seems feasible that market was just waiting for a reason to drop and revalue. Interest rate increases are going to cause many costs to go up and maybe put a damper on buying/revenues. I dunno… :worried:

If price goes below Jan/Feb lows, then might start to get panic. Hopefully this will end soon with some recovery and hopefully earnings that beat estimates.

Best wishes to everyone!!!

P.S. Notice long tail on forming candle and gap down... that is promising. Shows buyers stepping in... let see how we finish the day.
C Fund - Stockcharts - 4 month 10-11-18.jpg
 
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Staying on Lillypad as up day looks to be fading. Opened over 400 and now DOW at 129. Hummm.....will see how it ends the day.

Hope you have a Great Weekend and Best Wishes on your Investments!!!!!!! :smile:
 
Hi JKJ, I came close to jumping in but saw positive market dropping a bit. it is now up 127 on DOW. S fund up .04% and C fund up .72% right now. I am going to see how day ends, and mull it over a little more. Hoping this is a good day for everyone who is in the market or just entered market.

:dance:

jkenjohnson said:
I almost jumped back in. I'm glad I didn't.
Click to expand...
 
humm....S Fund seems to be building an engulfing candle...I've not seen that happen often. will be interesting to see how it ends.

image.jpg


Here is C fund at this time. image.jpg
 
So I was taking a look at charts today to see how Friday ended….

I see the following:

S fund - Stochastic (momentum)is getting close to crossing above it's signal line, but still below 20. Looking at MACD (momentum), it is flat (no slope up) although histogram bars showing some improvement. Friday’s candle with that nice long tail is what was forming intraday. The big reason for that tail was that there were a lot of buyers that stepped in during the last two hours of trading.

I'm glad it finished that way, with long tail, as it is good/bullish. But even with that bullish candle at COB Friday, price ended the day while still hugging the lower Bollinger Band. It has not yet pulled away from sliding down the band. So, entry still appears risky.

The C fund is in a similar position. However, S fund is below the 300-day SMA while C fund is at about 200-day SMA. So, it is in better shape.

The I fund (EFA) appears to be much worse…it hit the 400-day SMA in September, went up to reach a 200 SMA level and then proceeded to fall below the 500 SMA on Thursday Oct 11th…eeekkk.:worried:

Well I know a come back can be very quick and C fund gained back 1.43% on Friday. I have no idea if we will get a single or double bottom. I tend to think double ( “W” ) bottom, but can a little coin be made now with a quick few day in and out (while it forms a “V”)?? That’s the big question. Quarterly Earnings reports start this week. Netflix reports Tuesday as well as Goldman Saks. Humm… plus the dollar and 10-year Treasury charts plus VIX have a downward momentum. Hummm…. Still Debating a risky partial entry on Monday. Will see…

Best Wishes to you all!!!! :smile:
 
DreamboatAnnie said:
So I was taking a look at charts today to see how Friday ended….

I see the following:

S fund - Stochastic (momentum)is getting close to crossing above it's signal line, but still below 20. Looking at MACD (momentum), it is flat (no slope up) although histogram bars showing some improvement. Friday’s candle with that nice long tail is what was forming intraday. The big reason for that tail was that there were a lot of buyers that stepped in during the last two hours of trading.

I'm glad it finished that way, with long tail, as it is good/bullish. But even with that bullish candle at COB Friday, price ended the day while still hugging the lower Bollinger Band. It has not yet pulled away from sliding down the band. So, entry still appears risky.

The C fund is in a similar position. However, S fund is below the 300-day SMA while C fund is at about 200-day SMA. So, it is in better shape.

The I fund (EFA) appears to be much worse…it hit the 400-day SMA in September, went up to reach a 200 SMA level and then proceeded to fall below the 500 SMA on Thursday Oct 11th…eeekkk.:worried:

Well I know a come back can be very quick and C fund gained back 1.43% on Friday. I have no idea if we will get a single or double bottom. I tend to think double ( “W” ) bottom, but can a little coin be made now with a quick few day in and out (while it forms a “V”)?? That’s the big question. Quarterly Earnings reports start this week. Netflix reports Tuesday as well as Goldman Saks. Humm… plus the dollar and 10-year Treasury charts plus VIX have a downward momentum. Hummm…. Still Debating a risky partial entry on Monday. Will see…

Best Wishes to you all!!!!
Click to expand...
Nice analysis, I'm Leary of the market until after the mid-term elections, but I was thinking C over the S fund when I do. I think you've convinced me that may be the best option. Will watch how it shapes up in the days ahead.

Sent from my Pixel 2 XL using TSP Talk Forums mobile app
 
Entry -- 40S and 20 C. Deciding to take a risk but keeping a little powder just in case. Decided on S fund as it has dropped the most. Hoping there is a turn around … or at least a little bounce. Mama needs a new pair of shoes..... lol :smile:

Best wishes to Everyone!!!! :dance:
 
Okay... so mama might be able to buy more than just a new pair of shoes... maybe upgrade em to nice high heels and a dress for dancing!! :flirt: lol.... I am hyped by this UP day! Just crossing fingers, knocking on wood and hoping it lasts the whole week! Still holding 40% in G powder (but I wish it was "gold"). :dance:
 
DreamboatAnnie said:
Okay... so mama might be able to buy more than just a new pair of shoes... maybe upgrade em to nice high heels and a dress for dancing!! :flirt: lol.... I am hyped by this UP day! Just crossing fingers, knocking on wood and hoping it lasts the whole week! Still holding 40% in G powder (but I wish it was "gold"). :dance:
Click to expand...
I'm with you went in 60% today, missed the jump up today but was too busy at work....

Sent from my Pixel 2 XL using TSP Talk Forums mobile app
 
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