DreamboatAnnie's Account Talk

[DreamboatAnnie]

Here are charts as of a few minutes ago. Price in S Fund is just barely holding into tge longer term trend line and hugging tge bottom Bollinger band. I have taken the full drop at 35%... but if it breaks that long term line, I WILL exit....ughhh... I know that Long-Term it will eventually go back up, but gotta think about this more this morning....still contemplating exit....lol...my luck is I hit the door at the bottom!

 

[DreamboatAnnie]

ugghhh...staying in ... glutton for punishment I guess.. psychologically, if it Ends as a positive day, I will still be above a certain dollar goal for this year. ....eeeeeeee

 

[nnuut]

Me TOO!

 

[DreamboatAnnie]

Another down day .... fear in market. No decision on exit...maybe I go through election and end up howling at the moon!
Hope I'm not whimpering...

 

[nnuut]

I'm out, to many snakes in the grass!

 

[DreamboatAnnie]

Me too... I'm exiting!

 

[DreamboatAnnie]

100%G...what can I say. It broke through the long term trend line today so far. That was the last straw.

 

[DreamboatAnnie]

Charts as of now.
View attachment 47570

View attachment 47571

 

[DreamboatAnnie]

The last charts are 10 month...and these are shorter 4 month.

 

[DreamboatAnnie]

:17::why::smashfreakB::banghead:uppy_dog_eyes:


so frustrated.... only saving grace is that it still hasn't broken back up through the lower long-term trend line. I guess that might depend on what happens tomorrow. Still relieved to be out. No telling what happens tomorrow. Best wishes to you all! :smile:

 

[mmk119]

I was half way out already. jumped back in (all in) to buy the dip. 50% each C & S. Still have two trades for November. I'm expecting several news/fear driven ups and downs till next year. we'll see how it goes. Luck to you all!

 

[DreamboatAnnie]

Entering S fund 35%.

 

[DreamboatAnnie]

Charts ...need to drop short term (pink) line on S fund. MACD about to cross above its signal line.

 

[DreamboatAnnie]

Charts update...as of a few minutes ago. Staying fairly level.

On the S chart -tracking DWCPF, I put in very long term trend line going back 10 years with multiple hits (Upper blue line). Other blue lines are shorter term (4-5 months). I am a bit concerned only because this clearly means we are at top of long term trend. A break out above that would be huge! But really no idea what will happen.


C Fund -tracking SPX chart - The blue lines on this chart are shorter term, 2020 lines. I did Not draw in any multi-year line. While you can't see it, the upper blue line is tied back to the high in February. It's interesting how the intraday high November 9 touched and respected that line.

 

[retread]

I like your posts and insight. Thanks. I wonder, if it chops around for a bit and consolidates a little more letting the moving averages catch up, could it be forming a large bull flag (last week's action forming the flag pole) and then maybe break out?

 

[DreamboatAnnie]

I do believe charts indicate that is a good possibility. It is consolidating but has not yet pulled back much...and that may happen. I expect some pull back before a breakout, BUT it could move up without that...watching to see if its forming a high base at this point. . Will see how it goes... I have some powder and I IFT left to add more this month..

Last night, I looked at charts going back a few years and November tends to end strong, but anything can happen. :smile:

Best Wishes to you and Everyone* !!!!

 

[ToddB]

Come on Santa Rally!!!

Sent from my iPhone using Tapatalk

 

[mmk119]

some old charts I had saved...

 

[DreamboatAnnie]

Yep...looks familiar... goes up mid November and a few days into December and then drops until Santa rally, which comes a few days before Christmas. Hummm....well except that one year 2018???, when Santa came late and some of us (like me) were stuck holding one piece of coal, and staring at embers in the Chimney! That was Sad! :17:

 

[DreamboatAnnie]

Mid-afternoon charts. Wow S fund is going! But... Notice how RSI (14 default setting) is at 70. Watching closely as market usually hits a short term top and drops when RSI gets to 70.
Doesn't apply to I fund (EFA) IMHO. only cuz Rest of world is weird! lol... Only in 35% so not sure I will exit even if it drops.... I was looking for a pullback to put more in before Turkey day...hummm.... nothing ever goes as planned...Best wishes to you* !!! :smile: