DreamboatAnnie's Account Talk

Humm.... so market does its typical thing ... rises in the morning until just after noon and then proceeds to drop (today was from about 12:30pm to 1:30 Eastern), and now rising slowly. So did some piece of "news" hit to cause this OR is this just Automated "herd" day trading???? Buy Buy Buy... raise prices and then sell off....

INTRADAY - 2 DAY 15-MINUTE CHART ON SPX:

S&P 500 Index, SPX Advanced Chart - (SNC) SPX, S&P 500 Index Stock Price - BigCharts.com

We need a 2-3% drop in the next couple of days to re-enter, IMO.
 
We need a 2-3% drop in the next couple of days to re-enter, IMO.
You may be right jken, I researched that "Almanac" web info as was suggested, too overwhelming IMO. I rather keep it simple. DBA, JTH, Tom, and others do a great job in researching and posting their opinions which I find very helpful. Thanks DBA and company. Your market analysis IMO is well thought out. DBA, since you came on board you have done your homework, you are squeezing a lot of good info, even with the unpredictable factors of the market your efforts are much appreciated.
 
We need a 2-3% drop in the next couple of days to re-enter, IMO.

We may be in a melt-up, thouhts?

You may be right jken, I researched that "Almanac" web info as was suggested, too overwhelming IMO. I rather keep it simple. DBA, JTH, Tom, and others do a great job in researching and posting their opinions which I find very helpful. Thanks DBA and company. Your market analysis IMO is well thought out. DBA, since you came on board you have done your homework, you are squeezing a lot of good info, even with the unpredictable factors of the market your efforts are much appreciated.
Hi, It does look like the C fund (SPX) is in position for a melt up if you look at the Weekly chart... I see the 10 and 20 week EMA cross upward through the 50 week EMA as a strong indicator that the bad stuff is behind us. Looks like we are about there. I consider this a strong indicator because if you look at the past 5 years, specifically 2011, once that hurdle is crossed, the market is in the "clear". Obviously it still has drop weeks and up weeks, etc as that is how the market moves, but not like what we experienced in August.

S fund (DWCPF) is completely different and lagging but it seems long term, both equity indexes move in tandem. So hoping this follows the SPX. Could be that S fund will be the better choice for those willing to risk more as logic would indicate it has the most chance for gains.

So...still waiting for a few down days to re-enter.

Best Wishes to everyone on your investments!!!!!!!! :smile:

P.S.Its definitely possible we will have some down days coming, and as long as they are not too severe, it might be great going forward. TSP-Roulette..thank you for the very generous compliment!


S&P 500 Index, SPX Advanced Chart - (SNC) SPX, S&P 500 Index Stock Price - BigCharts.com
 
Here is the daily SPX for review of daily trend. Clearly in 10 day EMA upward channel..thing is its now far beyond the Bollinger Band squeeze....so once it reaches its peak, it will start moving sideways (meandering) and get wonky! More volatility with downdays...then will see when BBs start to constrict will need to see which direction the next leg takes. I wanted to get in last week but was too skittish from that August drop. Next week what will Fed do??? The next time it drops (friday or Monday) maybe last time toenter with continued hope of a few more upside days before consolidation.....a bit late to party? Entry this late gets riskier the longer I wait to enter. :(

S&P 500 Index, SPX Advanced Chart - (SNC) SPX, S&P 500 Index Stock Price - BigCharts.com
 
Hey there, Cha Cha Muldowney! I just viewed the pictures of your new beast. Vroom ! Vroom! I bet that's a fun car to go speeding down the highway! Will you be driving it to Vegas? Lots of open road to test that baby out. :D

The Madonna concert is this weekend, isn't it? Dang! I wish I had known she was playing at the MGM, my cousin works there and he could have finagled me a seat for free. Have fun! Shake that booty, girl! :banana:

KK
 
Hi KK...great to hear from you!! :D. Yes..I fly out there tomorrow. Madonna is Saturday night!! Can hardly wait! Yep...will be shaking what I got!! :banana: Your welcome to join me and my buddies in Vegas next time I go! Hope you are well.

Gosh... i should be posting Madonna!



 
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In regards to lagging--only today--I fund did not rise 1/10 of 1% while the iShares MSCI rose over 1.1%. I know that this is purposely manipulated, but this seems a bit disproportionate.
 
Good question WS. According to one blog I read today: "On the uptick: personal income/spending, the PCE, pending homes sales, Case-Shiller, the Chicago PMI, Consumer confidence, factory orders, the MMIS, the WLEI, plus weekly jobless claims and the trade deficit both improved. On the downtick: the ADP index, ISM manufacturing, construction spending, the monetary base, and monthly payrolls (which were reported Friday at +126k v 295k, the lowest monthly gain since December 2013, and a big disappointment). Next week’s reports will be highlighted by the FOMC minutes, ISM services, and Export/Import prices."

Conclusion of that Forum: Be a BULL!

On another blog: There is negative divergence on the CCI over the past ten daily bars, also the Daily 200MA & Weekly 50MA are both at SPX 2060, there is also a sell signal on a Daily bearish Gartley, targeting SPX 2020 minimum…

Conclusion of that blog: I'm too lazy to find out what a :bearish Gartlety is" but I know negative vibes when I see them. Anyways, doesn't sound like anyone I'd invite to dinner...SO: Enter at your own risk.:eek:

RSI stands at 71.03 (getting close to the dreaded 80 number), MACD sits at 20.13 (a neutral but cautionary number), VIX is at 14.45 (Hmmmm)

I viewed several charts presented in these blogs. Most indicate that if we stay at or over 2060 by COB tomorrow, the market will shoot up. However, 2060 is strong resistance apparently and if we fail, expect a significant pullback. At least that how I read the tea leaves.

Best of Luck deciding which road to take.

FS
 
I was pretty close on that one, one small down day to rev up the VIX and buy orders. However, I moved to L Income yesterday, just a wealth management move as part of the bigger portfolio picture.

Investing style is very conservative, so overall TSP performance is always going to lag, but winning percentage in and out of market last two years has been pretty satisfying. Research is pretty basic, but it's kept me out of trouble. Last year was 6.25% in TSP (partial year in standings), so if I can hang on a couple more months and not do anything stupid maybe I can scrape another 1-2%.

PS - What's with Autotracker, I should be 1% higher than shown?

Oh you silly people rooting against the market... and beating back all bear attacks today to close positive is not tanking. Tanking? Shoot, those moves were pocket change up and down compared to past couple months.

I will take small bow now for I know not what tomorrow holds. Wow, great seeing the VIX get slammed down. Don't say I didn't give you a heads up to buy today. If the market goes up big tomorrow, I am genius. If it goes down, I am sending in my resume to CNBC to be one of their experts.
 
Good question WS. According to one blog I read today: "On the uptick: personal income/spending, the PCE, pending homes sales, Case-Shiller, the Chicago PMI, Consumer confidence, factory orders, the MMIS, the WLEI, plus weekly jobless claims and the trade deficit both improved. On the downtick: the ADP index, ISM manufacturing, construction spending, the monetary base, and monthly payrolls (which were reported Friday at +126k v 295k, the lowest monthly gain since December 2013, and a big disappointment). Next week’s reports will be highlighted by the FOMC minutes, ISM services, and Export/Import prices."

Conclusion of that Forum: Be a BULL!

On another blog: There is negative divergence on the CCI over the past ten daily bars, also the Daily 200MA & Weekly 50MA are both at SPX 2060, there is also a sell signal on a Daily bearish Gartley, targeting SPX 2020 minimum…

Conclusion of that blog: I'm too lazy to find out what a :bearish Gartlety is" but I know negative vibes when I see them. Anyways, doesn't sound like anyone I'd invite to dinner...SO: Enter at your own risk.:eek:

RSI stands at 71.03 (getting close to the dreaded 80 number), MACD sits at 20.13 (a neutral but cautionary number), VIX is at 14.45 (Hmmmm)

I viewed several charts presented in these blogs. Most indicate that if we stay at or over 2060 by COB tomorrow, the market will shoot up. However, 2060 is strong resistance apparently and if we fail, expect a significant pullback. At least that how I read the tea leaves.

Best of Luck deciding which road to take.

FS

I've not made time to drill deeper than wave top (my bad), it seems as though there has been much bearish sentiment (ala Cramer), and the market has almost erased the correction at this point. Now its that chasing situation, nearing tops of the recent gains, now possibly some downward action? Missing gains waiting for a lower buy in point... Hmmmm... Where's BT when you need him?
 
I've not made time to drill deeper than wave top (my bad), it seems as though there has been much bearish sentiment (ala Cramer), and the market has almost erased the correction at this point. Now its that chasing situation, nearing tops of the recent gains, now possibly some downward action? Missing gains waiting for a lower buy in point... Hmmmm... Where's BT when you need him?
could have used his optimisum this week! Still in g...maybe Monday??? Well..bye to all ..I'm off to the Wild Wild West!!! :D
 
Wow...wish I could say the Madonna concert was good, but my sister and I walked out during the third song.. absolutely the most despicable things. At one time years ago she was sexual provocative but not anymore. She is just very sick and beyond offensive to anyone who loves God. Let's just say that she laid on a table..scene of the Last supper. and said the most despicable thing I have ever heard in my life. Sad to see where she is at now. Unbelievable. I think she truly hates God. I think she needs lots of prayers.

Ended up playing black jack all night. Had fun! Won a little.
 
Only one thing for Madonna to do, Go Country Western a bunch of Pop and Rock Old farts did it and are still making money!
 
Hi Nnutt, I don't think she could. Her show is sooooooo very evil and vile...far beyond what I ever could have imagined. She is still making money. I did not see people leaving on the way out.
 
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