DreamboatAnnie's Account Talk

NAAIM remains high, Slow stochastics embedded, continuous upward trading channel, well above all EMA lines. Other than Bollinger Bands (which I haven't quite figured out) it seems like the normal indicators for bullish are there. Plus I think we are finally going to get some movement on a second stimulus and everyone wants to be in when that happens.:banana:
 
I'm back in the game, 100% S fund. Thought we would see a little more of a pull back. I thought wrong. Hope the month can still get me a little profit.
 
I dipped in a little yesterday because of fomo and the trend. I too feel like stimulus talks are being more productive and want to be in somewhat when that happens. I simply cannot believe our government will let us down in the middle of a pandemic as we head into the Christmas season. That would be so heartless. I didn't put in more than that because I think we are still stretched so far above the MA's. Good luck to brave souls who went 100%
 
Welp...here are charts as of a few minutes ago... S fund breaking upward! Wow... C fund still respecting the long term trend line (blue-multiple year line). I dunno.:dunno:..jumping in seems a bit scary.
Will see....gotta let this sink in...ugghhh.. I'll likely wait until Monday to see if C fund breaks out, although I love S fund.
DWCPF -daily.png

SPX now.png
 
Not sure it you decided to jump into equities or wait till Monday. Either way... I'm out pretty much, so Markets will likely just keep going up. Can't understand why the poor jobs report seems to have boosted C & S more - I thought it would drop and hoped for that as I wait for a "buy lower" entry point. Markets seem fairly over extended & up or above top of B-bands (though I don't have time to look very closely, that's why I so appreciate postings of that stuff from you and others!). Now I just have to hope for a week day next week to try and jump in... though generally (seasonality records, etc.) it seems Dec. 12-14th "should" be better chance for that. hmmmm. Thanks, and best-O-luck to ya.
 
Yep, decision made. I will see how it goes Monday. eeeeeeee....:(

Best wishes to you all* and hope you have a Great Weekend!!!!! :D:D:D


I am with you. It is hard waiting for a pull back only to see it go up or pause a day and then go up. Is this really the Robinhood people moving it or the fed? Has everyone really became Robinhood day traders because they are out of work and this is their new job. If so what are they going to do when the taxes hit? It is all crazy to me as I still see news of companies big and small going under and people being laid off. Didn't Southwest announce layoffs just yesterday. Seems the Algos are so keen on every word about stimulus or vaccine that no matter if its good or bad news it pushes it up. Since stimulus talks have been going on for months I would have thought by now it would have been priced in 1000 times over.

I'm happy for those that in and making bank. As for me, I was hoping for a pull back so I could jump in on the Santa run for a % or 2 but I'm not sure anymore if it just keeps going up like this. I have some real thinking to do mostly when I feel everything is very stretched. I read things such as this and wonder if it will ever come back to norm. https://www.wsj.com/market-data/stocks/peyields Look at the P/E of the S&P on 25 Nov 41. Today I see another site says 37. https://www.multpl.com/s-p-500-pe-ratio Isn't the average like 15. Seems everything is overvalued and stretched but then again I thought I knew a few things. Guess not.

Any way. I'm with you on waiting today. I was actually in TSP going to make a trade when I thought maybe I just need to step back and take a breath. The last time I felt like I was the missing the boat was the months leading up to the crash and I was complaining about the Fed still buying. Had I taken a breath back then I just might have missed the drop.

Next week will be a tough decision too since the FDA will say that the vaccines are ok, the Gov will do what it needs to stay open, and the stimulus talks will keep pushing this up. I do wonder though what will happen when that good news is over and all that is left is Santa rally time or maybe this is the Santa rally. Where is my crystal ball or magic 8 ball when I need it.
 
I also wanted to jump in but decided to wait and see what happens Monday. DBA I’m with you on that and we will see if we get a little pull back then!


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I think today's bump up is conected to stimulus talks, overriding jobs report. I am taking 50% of my money out for the weekend (I should reach the $450k mark today and like to take a breath each time I do reach a a 50k marker) and may just put it all back in next week if there is a correction. I think they will pass stuff to ensure no shutdown and the seasonal uptick the end of December may still play out so next week looks best to get back in but who knows
 
I agree too. have to sit on my hands to wait; but, am waiting for a good entry point.

as for stimulus talks... last news conference sounded positive on a relief package; but, Pelosi seemed to be saying it would be passed with a budget. I think most agencies are planning for another continuing resolution not a budget - not till after the inauguration. that means any relief package will have to be a separate budget item, and there is no news about that yet. so, I think even though the market is still in an up trend, many of the positive moves are not supported and we will get our pull back before continuing on. quabit - I have to laugh - I've done the same thing too many times in the past, thought I was jumping in before missing the boat only to get hit with the wave.
have to remind myself don't get greedy, there is always going to be a good entry point. if we've missed this one, we can catch the next.
good luck to all who are gaining, hope you continue to make bank.
 
Agree with all your sentiments.. What to do?? I still have not entered...keep thinking maybe to enter partly....but...but...but... its so high. Dow is down 138 points but S fund is up and it broke through long term trendline more than week ago and now above that high base line (green) as of Friday...Wow! I should jump in, but I do want to wait for a pull back.

Here are charts.

DWCPF -daily.png

C fund is right at the longt-erm trendline. If that breaks it would be hard to justify my not entering at least partly.
SPX now.png
 
I took out half on Friday, waiting for drop to go back all in. I call it my "well at least" strategy. When the market continues to go up "well at least I didn't take it all out"
 
I drew down to 35% in at the end of November and went to G today. I was 20S 15C 65G. Made 1% and going to wait for a pullback to re-enter closer to Christmas. The trend is up but I am too close to retirement to roll those dice. Looking for quick gains and limited exposure until there is a correction. I kept my son's account (USCG, 26 yrs old) fully invested. Happy Holidays everyone!
 
Mitch McConnel signaled likelihood of a one week CR today - I was expecting longer. at least he suggested there would be no government shutdown. According to news outlets, he also indicated a full relief package is not likely to be passed till next year; but, with a small relief package this year. I didn't figure an off party would want to give an outgoing president a going away present anyway - they'd rather keep that for the newcomer along with a full budget. (I would expect similar attitude no matter which party was incoming/outgoing so please don't take this as a political comment) Then Ira was talking about the usual reallocation conducted by the big money fund managers to pad their end of year numbers reports. So, I'm still guessing pull back between this friday and next. just a guess - not advice.
 
Looks like I need to work on my patience. I had the right idea to get out last Friday and look for a dip to get back in but I couldn't stand seeing it continue to go up without me. Today would have been the better day to get back in. I will stick it out to January in hopes of the Christmas bump and fund manager end of they year buying. Good luck to all.
 
flalaw97, I'm coming to the conclusion that it is all a crap shoot... the bolt out of the blue seems to hit fairly regularly. Maybe I get a good buy in today, or it continues down... downside should be limited, regardless. Double gorilla glue two-part epoxy concrete pants being installed (no swimming pools for me! :nuts: )
 
Both C and S remains fully imbedded on the slow stochastics. Both are a buy as long as they remain imbedded and we all knew a pullback would come. A fund never goes 6 weeks over the slow stochastics this was week 5 for the S. The volume picked up so some dip buying going on.
 
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