DreamboatAnnie's Account Talk

Sort by newest Sort by date
So far market seems to yawning after SOTU address but it does 'feel' like the market is looking for a direction and down 'seems' more likely than up. Sorry to be so technical. :cheesy:
 
Yes looks like that is what C Fund shows. S Fund has a little ways to go, but looks like we have a lower resistance to get passed...equal to the highs of Dec and Nov. I added 200SMA to chart so I can see it along with 200 EMA. :nuts:

Now I am curious as to which MA most algos run, but based on charts it looks like it is the SMA since we blew through EMA without hesitation! :smile:

Best Wishes!!!!

image.png

image.png
 
Hummm.....I've been looking at charts for a bit. I am thinking that as we are already at the 200 SMA (resistance) on the C fund (closed 2724 today), we should at least have a pause or small pull back before market tries to go up to reach the next resistance level of 2800 (December high). We are 76 points away. I think the 20 SMA crossing above the 50 EMA shows great strength and promise. But I am staying cautious until we actually get a higher high exceeding at least the December high.

For S Fund, we are still roughly 60 points from the 200 SMA, but looks like the closest resistance that needs to be broken is December's high of 1364...just 4 points away. Very curious to see what happens over the next few days. If exceeded, it would be a higher high and I would want to kick myself for exiting today. But Right now, the DOW mini futures are down 39 points.

Now for more points to ponder. I checked my lunar calendar and we just had a new moon so we are moving towards a full moon (About Feb 20) and that means the market will enter a red period and eventually drop! Humm...

But more importantly, I did throw down some dead catfish bones. Didn't have any dried mouse bones...sorry Mcqlives!...but I did manage to shut my dominant eye while doing it. It was really really hard and I made weird faces, struggled for quite some time...thought you should know this...just because! :rolleyes: Lol.....Oh yeah, Never could figure what the bones meant but I did use one to pick the lemon pulp from mmmmaaa teeth! :silly: I Love Lemons!!! :smile: Yes...I know...TMI. I'll be quiet now... Good night!! :smile:
 
Last edited:
Mmmmm....now I'm going to get catfish for lunch tomorrow! I'll let you know if I have any omniscient vertebrae left on my plate!
 
Nothing foretelling in my lunch but I was not comfortable with this mornings action to stay in. Went 100% G before any prognosticating fish bones appeared. Not sure how this pans out but the three 8.7% beers after work make me comfortable with my decision:smile::fest30:
 
Yep... you know what I mean! So which beers have that content???? Eeeeeeeeee...…. :rolleyes: Guinness is a nice Stout , but that much alcohol. I've never had one of those.
 
I wish I could tell you. It was a regional (to the Midwest) microbrew but I don’t recall the brewery. It tased like a cross between a Sam Adams lager and a blue moon. Very tasty! Anyway, Hy-vee is a grocery store chain that has restaurants attached to their deli’s In that restaurant is a bar with about 12 taps that rotate their beers very often. I went back last Friday to have more of that beer but they had moved on to other beers.
 
8.7, that's like Imperial IPA territory lol. Pretty heavy stuff, my usual range for the homebrew I make is about 5.5-7.4%, never really went above 8. I feel pretty nice just after 2 or so 7% beers :D
 
Mcqlives said:
I wish I could tell you. It was a regional (to the Midwest) microbrew but I don’t recall the brewery. It tased like a cross between a Sam Adams lager and a blue moon. Very tasty! Anyway, Hy-vee is a grocery store chain that has restaurants attached to their deli’s In that restaurant is a bar with about 12 taps that rotate their beers very often. I went back last Friday to have more of that beer but they had moved on to other beers.
Click to expand...
Hy-vee. That brings back some memories. My wife’s Grandmother lived in rural IA and back in the early 90s when we could get out there taking her to lunch at the Hy-vee in the nearest town was something she looked forward to. I do not recall them serving beer, at least at that time and location. Not that I would have ordered one while with Granny.

Does Hy-vee serve beer everywhere now? Thanks for the memory. Granny couldn’t get out much and missed her lunches.

Apologies for the brief hijack DBA.

PO
 
All the newer ones do. They expanded their deli's and the restaurants went full service (Sunday brunch is awesome) with full bars. Based out of Des Moines IA they have expanded into all bordering states.
 
I almost did as well...but held off. I'm not sure why but looking at the SnP I am looking at 2813 as key. For quite a while I was looking at the 2750ish area as key...but when that broke down so easily I still held off getting back in. That is when I started going through my old info.

Last fall I wanted a retest, and break through, of November 7th's 2813 but it only made it to 2790 on December 3rd before the pain kicked in. (Side note: I didn't catch before it really started to fall but the October 11 - December 3 or 4 is a pretty visible head and shoulders pattern on a 6 month chart.) Now, today, we hit that 2813 mark as a high during intraday trading. What gives with that number?!?!? I have no idea...but I will hope that it breaks through to the upside soon...and plan on getting in again when it does.
 
Hi Mqlives… probably a good thing you stayed out... future are down right now about 76 pts on the Dow Mini. Just figures ….but I kinda had a feeling Tuesday might be the day to drop..... too many up days. Will see.... at end of day, some news came out about the Fed testifying before Congress on Tuesday. Hummm…
 
As for head and shoulders, the C and S fund mirror each other....they definitely took off. On S&P I had been looking at 2800 (high in December) but when that broke, I started looking at 2815 (high for November). At this point, does it go further to get up to the October high or does it break down? I am only hoping for a few days up...if more good news comes out of China, but who knows. I just maybe too late. :( If it drops, I would hope it only goes down to the 200MA around 2750 and then pushes higher. I thought the Fed would speak tomorrow before Congress but found link indicating he will speak to them on 2/28. Then the next big meeting is later in March.....it is March 19-20th.



View attachment 44152

C Fund 6 mos - 2-25-19.png
 
Last edited:
Correction to prior post. The date of 2/28 was for 2018 -- my bad! Here is the link that states Fed Chair speaks to Congress tomorrow morning at 10AM ET. The article is interesting in that it speaks to how Congressional leaders will approach their questioning of Powell. Tomorrow he speaks before Senate committee and then it sounds like he goes before a House Committee the next day. Eeekkk….:sick:

https://money.usnews.com/investing/news/articles/2019-02-25/feds-powell-heads-to-congress-amid-shifting-landscape
 
Exiting.... Okay. I am looking at charts and not liking what I see, so I am exiting. I know much of today is possibly due to statements by Lighthizer saying it was too early to predict outcome of China trade talks. Geez! :suspicious:

Nonetheless, I thought it was a risky entry and was only going to be in a few days so I gotta exit. Maybe it goes higher tomorrow and next week, but I am done ...going back to the safety of the Lilly Pad!

Wishing you all the best in your investments!!!! :smile:
 
Yes...I agree. The 3 day EMA is touching to likely cross below 5 day EMA and Stochastic is dropping to 80 and looks like it will cross below that level today as well. Also, MACD histogram has gone a bit negative. Also seems like there is some negative divergence between price action and MACD.

As for China, I don't want to bet against a deal but I am having a problem with believing China is going to give up on intellectual property that easily. Then again... who knows.
Whipsaw said:
Technical analysis is pointing to the exit as well.
Click to expand...
 
You must log in or register to reply here.

Similar threads

TommyIV
  • Article Article
TSP Talk AutoTracker Insights: TSP Investors Lock in Gains
Replies
1
Views
408
tsptalk
tsptalk
P
Negative Adjustment Earnings
Replies
3
Views
269
nasa1974
nasa1974
V
Valleymd blog (the international question)
Replies
2
Views
211
tsptalk
tsptalk
TommyIV
  • Article Article
G-Fund Allocations on the Rise in TSP Talk AutoTracker
Replies
0
Views
271
TommyIV
TommyIV
tsptalk
January 2025 AutoTracker Winners!
Replies
1
Views
356
rangerray
rangerray
Back
Top