DreamboatAnnie's Account Talk

[DreamboatAnnie]

Oh No!!! I hope you feel better very soon. That's really awful.... uhh... consider taking Flonase nose spray (prescription) eases sinus infections very quickly (one day); Tylenol/Aspirin, Allegra (allergies - stuffy nose), BenGay or Mentholatum just because it makes you warm even though it smells funny(cuddle under blankie), orange juice and water and chocolates just to pamper yourself and feel better; Fox Business News or a good old movie for the awake periods, and Nyquil to crash out most of the day! Best wishes! :smile:

I think we end today up, likely tomorrow will be flat to up. I'm thinking sideways action with the various sectors being up and down. RF pointed out good seaonality through first week in Feb. China central banks pushing liquidity. Oil bottom near? I'm holding for today. I'm home sick with a cold and the worst sinus headache I can remember (its making my teeth hurt!). need.... to..... sllleeeepp...

 

[Whipsaw]

Oh No!!! I hope you feel better very soon. That's really awful.... uhh... consider taking Flonase nose spray (prescription) eases sinus infections very quickly (one day); Tylenol/Aspirin, Allegra (allergies - stuffy nose), BenGay or Mentholatum just because it makes you warm even though it smells funny(cuddle under blankie), orange juice and water and chocolates just to pamper yourself and feel better; Fox Business News or a good old movie for the awake periods, and Nyquil to crash out most of the day! Best wishes! :smile:

Thanks DBA! All that, warm jammies and pink fuzzy bunny slippers! Went with aspirin and a benadryl (faded in and out of consciousness with Rush Limbaugh in the background), the aspirin was lame so I'm shifting to motrin. Just had some chicken soup, now to find chocolates and an old movie... Feeling a little better, like the C Fund at the moment.

 

[DreamboatAnnie]

GDP numbers. Wonder how day will go once market has time to chew onit??

http://www.cnbc.com/2016/01/29/wall-street-waits-on-gdp.html

 

[DreamboatAnnie]

Looking great today! Trying to not get greedy here. Thinking to pull some out of S fund to lock in a bit of the days gains...and move it to G or...maybe a bit to F???

MACD will actually cross over its signal line today...finally....IF it keeps with current short up trend. So if it does, question becomes how much further before it hits resistance and comes back to a lower low along bottom Bollinger band? Yes i know ...sounds pessimistic but....Keeping in mind we are still in an overall downtrend until proven otherwise.

Best wishes to you all on your investments!!!!!!!! :smile:

 

[DreamboatAnnie]

Hi! I think what bothers me is that the Slow Stochastic is moving down now while MACD going up. It's great when they are both in sync....showing conviction. Not the case here.

So while I may lose some gains next week, I am going to limit equities risk to 50% to keep with my downtrend strategy. Reallocating from 30S/30C/20F/20G to 20S/30C/20F/30G eff.COB today. Not much of a change....but at least lock some of today's gains and in sync with strategy.

Here is my STOP LOSS criteria -just posting so I do not forget:
If you have situation where you are in market (because you tried to enter early in what you thought was a bottom) and the 20 SMA is still below the 50 EMA (downtrend), you must exit when the MACD crosses below its signal line. Having both conditions ( 20 below 50 and MACD negative) is very dangerous and requires exit, regardless of whether present trade is in a loss. Flash crash occurs under these circumstances much too quick to get out without massive loss.

Best wishes to you all on your investments!!!!!!!! :smile:

 

[DreamboatAnnie]

I noticed Bquat has been posting some great daily charts with charts for RSI Stochastic. Not versed in that so just read this article about that indicator. Very interesting. Note that it should be confirmed using complimentary indicators like OBV or Accumulation distribution line.

Best wishes to all on your investments!!!!!!! :smile:

StochRSI [ChartSchool]

 

[airlift]

I noticed Bquat has been posting some great daily charts with charts for RSI Stochastic. Not versed in that so just read this article about that indicator. Very interesting. Note that it should be confirmed using complimentary indicators like OBV or Accumulation distribution line.

Best wishes to all on your investments!!!!!!! :smile:

StochRSI [ChartSchool]

DBA, how does on look for positive upside confirmation of SPX, when the 20 (ma) line in the OBX indicator crosses to the upside? Tia

 

[DreamboatAnnie]

I do not know. The article mentioned ObV should be used, but i have not studied that indicator yet. I had planned to look at that this evening but still out of town. Might try to learn about that late tonight on Investopedia. I'll post when I find out.

Best wishes to all on your investments!!!!!!! :smile:

P.S. Thinkingonexit Mon-Tue...i feel Mon could be down and Tue up and possibly positive for week....but that tells me I am too confdent.

DBA, how does on look for positive upside confirmation of SPX, when the 20 (ma) line in the OBX indicator crosses to the upside? Tia

 

[FogSailing]

I haven't done much with oscillators but Jeffrey Young site uses a host of them. Might be worth looking at.

Here's his url: Jeffrey Young's Public Chart List - Jeffrey Young - Public ChartList - StockCharts.com

FS

 

[DreamboatAnnie]

Thank You FS! Much appreciates. I had no chance to look at this last night. Fell fast asleep after driving 325 miles. Lol...i guessI am getting old...... Will check it tonight. :smile:

 

[DreamboatAnnie]

So just now seeing futures. Aside from oil dropping, is there anything else affecting market. I thought the low GDP of .7% reported Friday would hurt market, but I guess the negative interest rate news out of Japan offset it (by far!). So are markets rethinking the Low GDP? If so, that could be affecting markets more than drop in oil??? HUMmmmm..... I welcome any of your thoughts on it, if anyone wants to share.

Still debating onexit for today or tomorrow. Dont like exiting when both Slow Stochastic and MACD have crossed their signal lines moving up. But still thinking it over.

Best wishes to all of you on your investments!!!!!!! :smile:

 

[DreamboatAnnie]

I entered last week on Wednesday, exited 10% on Friday to lock in a small gain, and we are still above the Wednesday entry point so I am exiting today. Already put it in. 100%G. I thought about F fund but I think I want to just be out.

See folks entering.

Best Wishes to Everyone on Your Investments!!!!!!!! :smile:

P.S. Be careful... its a jungle out there.:rambo:

 

[felixthecat]

Getting hung out to dry in the S Fund today as opposed to just getting wacked on the head in the C Fund...1.65% vs 1.14%. Ugh...I cannot stomach the volatility. Looks like we are getting good glimpse of the first half of February. Oil still driving the cart...until we break that correlation or oil rebound sticks...we might as well just watch the Yo-Yo from the sidelines. I'm bailing...will push back reentry toward the middle of the month. Seems Market has redialed behavior to hurt more folks early in the month. Who knows....the carnage may be over the top this month. Ride the G for now.

 

[DreamboatAnnie]

I feel ya... I have decided to stick with a downtrend strategy---only 50% in equities at anyone time and hedging that with a small F fund portion 20-30%. But even that seems risky. Really have no idea where this market is going. It seems to be very oil and news driven. Hope to keep a small portion of the gain from Friday. Market looked like it was heading back up a bit ago, but still hovering. Hope there are some buyers late this afternoon to save the day like yesterday. Will see....

Getting hung out to dry in the S Fund today as opposed to just getting wacked on the head in the C Fund...1.65% vs 1.14%. Ugh...I cannot stomach the volatility. Looks like we are getting good glimpse of the first half of February. Oil still driving the cart...until we break that correlation or oil rebound sticks...we might as well just watch the Yo-Yo from the sidelines. I'm bailing...will push back reentry toward the middle of the month. Seems Market has redialed behavior to hurt more folks early in the month. Who knows....the carnage may be over the top this month. Ride the G for now.

 

[DreamboatAnnie]

Per Liz Clamen's, Today's show -Countdown to the Closing Bell

S&P sectors down this year:
Energy -7.86%
industrials -8.25%
healthcare -8.95%
materials -11.07%
financials -11.93%

Per Charlie Gasparino:
The rich individual (aka retail not institutional) investors with $10M-$100M are leaving market in droves and this helping fuel this fire. This is what Charlie is being told by brokers. He said sophisticated rich investors are getting out. They are thinking major correction or bear market is going to happen this year. Rich guys are going into cash and muni bonds.

That is why UVS, Charles Schwab, Etrade, etc are dropping. We have a puke in brokerage stocks. Chief economist at those brokerage are now saying Recession in their notes.

Also Liz reports that S&P downgraded several energy companies including: Apache, Chevron, etc

S&P Just Downgraded 10 Of The Biggest US Energy Companies | Zero Hedge

 

[markmars]

The market will recover and the bulls will run we just don’t know when. The market is hard to predict no matter how hard we try. I understand the charts and the prediction and the logic behind them. Unfortunately the market is driven more by emotion then logic.

Per Liz Clamen's, Today's show -Countdown to the Closing Bell

S&P sectors down this year:
Energy -7.86%
industrials -8.25%
healthcare -8.95%
materials -11.07%
financials -11.93%

Per Charlie Gasparino:
The rich individual (aka retail not institutional) investors with $10M-$100M are leaving market in droves and this helping fuel this fire. This is what Charlie is being told by brokers. He said sophisticated rich investors are getting out. They are thinking major correction or bear market is going to happen this year. Rich guys are going into cash and muni bonds.

That is why UVS, Charles Schwab, Etrade, etc are dropping. We have a puke in brokerage stocks. Chief economist at those brokerage are now saying Recession in their notes.

Also Liz reports that S&P downgraded several energy companies including: Apache, Chevron, etc

S&P Just Downgraded 10 Of The Biggest US Energy Companies | Zero Hedge

 

[DreamboatAnnie]

HI MM: I couldn't agree with you more. Very emotion driven... based on daily news, US economic news, jobs, global market and economic and currency news, oil, etc. Best Wishes to you! :smile:

 

[DreamboatAnnie]

So I exited yesterday and am very relieved. I was only in equities 60% last Wednesday when I bought in. Sold 10% on Friday so got a little bit of the high day. I was also in F fund 20% and went up to 30% on Friday so that served to hedge the low exit yesterday. BUT...the Good news is I still pocked about .87 or so with 4 days of risk in the market. Very tough to time it and was a bit off, but this was the first buy in all year. I am glad it did not end in loss.

Looking at charts and thinking of the next buy in. Since SS is moving down and BBs are consolidating, I am thinking price maybe goes down to touch the lower band... but do not know if that will be the true bottom or if it could expand the band to a lower level---depends on oil and its news for now. In either case, it does look like market is now working to form a double bottom---maybe around 1870-50. So plan to enter on that when it happens... maybe in a few more days... early next week??? Then think it maybe ready to want to move up more significantly... but will see... if it did maybe it bounces to around 2000???

okay... just looked at market again... prices starting to rise... hummm... lets see how the day ends and will re-think it again.

Best Wishes to Everyone on your Investments!!!!!!!!! :smile:

 

[userque]

...yosemite sam...thanks for the laugh DBA. :laugh:

 

[DreamboatAnnie]

Your Welcome!!!

Now oil started going up yesterday around 1:30pm (central time) or so. I heard that oil started going up at that time because reportedly the Iranians started talking to producers in South America with Saudi Arabia to possibly come to agreement on limiting production. hum...Great news! But is that real or was that news produced? Is it coincidence that these news leaks happen around 1-2pm each afternoon? The fix is in...its fairly obvious.

I mean really... what time is it in Iran when we are at 1-2pm in the afternoon. Is it midnight there and so that is when we finally hear the rumor? Seems odd. Just seems we are being toyed with and someone is making a ton of coin on this news..to our detriment.

Well we could argue it the other way too. Right now market is rising. So when they get it lined up the next bit of "news" will come out to poke us again. :stups: