DreamboatAnnie's Account Talk

Hi MMK, I am doing okay. I was just really busy at work and didn't even have a few minutes to post the charts! Whaa.....:( but I do listen to Fox Business and it was clear market was not doing anything crazy. :scared1: LOL.

I am still staying in. Not seeing anything to scare me at this point. Will see about it tomorrow. Best wishes to you! :smile:
 
Hello, here are charts before noon. No exit for me yet. Watching carefully. The S and C fund did come down (on Stochastic) and then redirect to begin going back up. Will be watching it and RSI closely for exit signal. Also, starting to pay a lot closer attention to the Weekly charts. Best wishes to you all !!:smile:

01 - S FUND - DWCPF DAILY.png


02 - C FUND - SPX DAILY.png


03 - I FUND -EFA DAILY.png


04 - F FUND - AGG DAILY.png
 
Here are charts before noon cutoff. I am exiting my 25% C position to be 100% in G fund. Its been a nice little run, small as it was for me but still a positive buy. Will re-enter when it all resets. FYI - The weekly charts don't look good, so thinking this last run up on daily could be short lived. Best wishes to you all and hope you have a great weekend! :D

01 - S FUND - DWCPF DAILY.png


02 - C FUND - SPX DAILY.png


03 - I FUND -EFA DAILY.png


04 - F FUND - AGG DAILY.png
 
Yep... I exited to G100%. Best wishes! :D I feel relieved and much better. I know I was only in 25% but I don't like this market... just seems so shaky.

Note:
S Fund RSI dropped below 70.. it seems to often lead so its a very nice indicator. RSI is an indicator I pay a lot more attention to.
C Fund still looks okay but Slow Sto did drop slightly below its signal line while still in the above 80 zone. Used Pink to denote... something to watch. But RSI still okay. Looks to be making a double top so maybe it drops soon. I fund looks to be same as C.
F fund.. RSI dropped below 70 (not good) and MACD histograms getting smaller.
 
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Great analysis and instincts. I was going to give a longer dissertation on my reasons, but didn't want to highjack your thread. I'm still 100% C but closely watching next week.

have a great weekend, best wishes to all and Happy Mother's Day!
 
I think we are close to that short term top. moving to the "G". I see profit taking and maybe more consolidation before next move. Good luck all. Thank you DB!
 
was going to write how strong the market was looking and I was wishing I'd stayed in. However, as I'm writing this, I see the largest stocks making up the largest sectors of the S&P are down and the S&P overall is now just into negative territory. sitting on my hands and holding my breath!
 
Yep. Market is tough to navigate. Maria Bartiromo had someone on yesterday morning that said the market is going to continue up because of liquidity in market. Guy on her show said it was a one two punch with Fed (Powell) "slowing" [reducing] quantitative tightening by "$35B" each month "starting May 2024" and Treasury (Yellin) "delaying initial retirement of T bills" by "183B. Also said there would be a 3rd quarter surge and a net of $237B would be flowing into the economy. Guy said real wages are going up, consumers are still doing good and do not see this rolling over (i.e. to reduce spending), and household wealth up 8% since last year. hummm???
They said effect would be that (1) "rates will go down", (2) "dollar gets weaker, which has effect on long duration stocks", and this is an "important fundamental dynamic"

Hummm.... yet others like Warren Buffet have tons of money on the side waiting for a 30% drop.
Who knows what will happen?

Noticing how I fund is up. humm...
 
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