DreamboatAnnie's Account Talk

Yep, that is very catchy. I like it...read up about the bad and wow...their story is a sad one. So glad their last surviving member has not given up.
Rainy day man does sound lots like the Beatles. And so does some of their older stuff signed to same label in 1970s and involvement by bot Paul Macartney and Geprge Harrison .... but a very crooked manager duped them along with bad recording contracts. Tragic story...

This is a nice early song.
 
Ahhhh...nice to see Friday did end with upward break through on that descending wedge! Wow! Hope that continues upward...

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Would also be great if S fund follows this week...
looks like it might just be a bit slower at getting there are its not yet as narrowed..
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Afternoon charts today... hour or so before close. S fund did have follow through. :banana:S fund showing strength as it even popped through the Bollinger band mid-point.
Best wishes to you all... looking to stay in a little longer. Yeeessss... I know tomorrow may drop a bit but will decide on exit as it develops. Beautiful Day!!! :D:D:D

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Seems many were watching that 3000 - 3100 level as places for the market to find a floor based on fib retracements, prior support, 200 DMA. Markets often don't do what they are "supposed" to do.

Still a lot of call buying, but TSP sentiment is supportive of your wedge break out theory. IBD did not call yesterday a follow through day and I can see that gap getting filled before trying again.
 
Yep Bullitt, I can see it getting filled too. So, when to exit or reduce exposure is the question. :dunno:

I would like to wait until the 80 level on Stochastic is hit...but nothing says it must reach that level. Today, I see a little pull back but looks to be an inside day down...only slightly concerning, but expected at this point. Will see...leaning towards staying in another day, but looks like its getting close to time to exit...likely this week. October can be ugly! Best wishes to you and everyone* !!!! :smile:

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I am liking crossover today ..in S fund. 13SMA crossing ..touching midpoint on Bollinger Band=20SMA.
Adding to equities...35%more to S and C Fund. So will be 15G, 30C, 55S.
Best wishes to you all! :smile:
 
Mid-day daily charts...aside from 13/20 crossover, also like MACD both wanting to crossover...just looks good. Ready for a little pull back as they hit resistance, but set up looks promising.

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Also like the MACD histogram bars getting smaller and/or going into the green. Also like Slow Stochastic moving towards but not yet at 80...room to go before I start looking for exit. Yep...I like it! :smile: As for IFT management, now have used both IFTs for September.

Get refresh of two IFTs tomorrow. Will use one for exit (maybe this week or next depending on charts) and then have one left to re-enter later in October. Will see how that works out. just never know....
 
So here are end of day charts... I need to draw new lines...probably later tonight! The "W" in charts come from looking at Bquat's postings...he's Great!! :banana:

So this is the part that gets hard. When do I exit? It's feeling frothy again, BUT hard to exit because I am wondering about those MACD crossovers happening on both charts. Plus now definitely have 13EMA/20SMA daily crossover on S Fund and getting closer on C Fund, which is supposed to be one of my primary ENTRY indicators. Will likely make decision on whether to stay in or exit very close to noon tomorrow....eeee....

Best Wishes to you All* :smile:

LINKS to related Pattern Talk:
"W" pattern - http://thepatternsite.com/bigw.html

Falling Wedge - https://www.freeonlinetradingeducation.com/falling-wedge.html


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I will not take your comments as trading advice; but it's damn straight the bomb for training advice! I wait for it. Have a beautiful weekend DBAnnie in that great State of yours, and thank you for all you do on here.
 
Thank you so much Wahinepio! :smile: You are very kind... I am a bit geeky at heart.. love reading everything. History is my favorite... and also love the charting stuff and do it for fun! Yeah.. I am weird like that... lol.:D:D:D.. but hate the market---especially this morning.

I was going to draw new trendlines this morning, until I saw the futures. So massive... like 3-4% drop??? :( So I looked at headlines to see what is going on, and find that both President Trump and First Lady Melania have tested positive for the China Virus! Wow... definitely praying for their speedy recovery. This is definitely not good and I am very saddened to hear it. Last night, it was reported that Hope Hicks had tested positive and she is very close to the President and First Lady and was on Airforce One for the debate on Tuesday. President Trump's entire family and many advisors have been exposed.

I will not be getting out of market no matter how much it tanks today. So futures are freaking out.. will wait for fear to settle down. Will see how next week goes. There are some cocktails of vitamins out there to build immune system plus the other trio of meds. I am sure he will be on that or a better regiment. I pray to God that he and Melania will recover quickly and survive.

Best Wishes to You and Everyone*!!!!

I will not take your comments as trading advice; but it's damn straight the bomb for training advice! I wait for it. Have a beautiful weekend DBAnnie in that great State of yours, and thank you for all you do on here.
 
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Lol.. Stupid fear...i was going to jump out today too. I'm not worried about trump.. I guess the stimulus didn't get passed so that's probably the fear.. Anyway.. Best of luck to everyone..
 
Oh and I gently suggest Ira Epstein End of Day videos that Nnutt posts here on TSPTalk each day (Big Thanks to Nnutt!!! :flowers1:) Ira Epstein talks about SPX/C Fund at start of each video and usually covers Russell 2000 (close but not the complete S Fund).

Also I have been attending the FREE 30-minute live Grok Trade/Romulus webinars held every Thursday night at 8:30pm ET. Very helpful. This guy Romulus is new to Grok Trade.. He is about 25+year Hedge Fund Manager, and I already have learned a lot from him. He also holds a 2-hour $20 webinar each month (he just did his 2nd which I could not attend). https://www.groktrade.com/romulus.html. I believe you may be able to hear past recordings of the 30 minute free sessions.

Best Wishes to you all! :D:D:D
 
So far sounds like their symptoms are mild and markets settling down. Good! :smile:

oh yes..and hope you, KB & Wahinepio, and everyone* has a Great Weekend! :friday:
 
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