Ebbnflow's Day-to-Day Chart / MAY'07

[ebbnflow]

Morning Ebb, Howxotk back, w/curiosity on your spin chart. Reading it is simple easy to understand, and seems to have a good success rate. Just interested in any short comings or concerns you might have with it in regards to it missing some strong gaining days...ie Fri, today. I decided to go againest it and stay in based on the AAII website that shows investor sentiment, Currently showing more bears than bulls. Hard for the market to sell off it the bears are already out!! FWIW H

Howxotk, I'm not in the least concerned about missing some gains. Like everything else, the ebbtracker has a cycle. Sometimes it's cold and sometimes it's hot. A lot of times I see it out of sync and then all of a sudden it catches on fire and gets to be right eight times in a row. It's happened a lot of times, so I'm not worried. Traction is all I need! :nuts:

 

[ebbnflow]

...and I hope I'm ready to catch and ride the big wave when it comes in.

 

[airlift]

Ebb,
You look good in that bullish, sporty, jazzy outfit (adapt some wings to that contraption and you'll see it fly! Trust me!). I liked your explanation above. If you look at Tom's comments today regarding the tendency to exaggeration in some quarters (for whatever reason) we may see the ebbtracker bear fruit today. Europe is plummetting at this time, and the Nikkei averages were either down or hardly making an upside move. While we did miss some moves to the upside, the tracker could have been "sensing" some uncertainty in a high risk atmosphere and we could well be avoiding extreme losses. Good luck to all.

 

[ebbnflow]

Looks like we caught a wave...

For what it's worth:

............FRI..MON..TUE
C-fund...

S-fund....

I-fund.....

The System uses the ebbtracker's I-fund with simple cross-checking rules:

a) Two or more stop signs = safe haven (G/F-fund).
b) Two or more dollar signs = stocks (I-fund).

Following the above rules, I'm on the I-fund for Friday/May 11 (2 greens) and next Monday/May 14 (2 greens) with x-check in effect. It's the G-fund for Tuesday/May 15 (2 stops) with another x-check in effect.

NOTE: Two x-checks are in effect for next week. Monday has x-check pattern#2 (5 of 5) and Tuesday has x-check pattern#6 (5 of 8).

 

[wht00ss]

Good call 2 days in a row. Keep up the good work. GL :cheesy:

white

 

[Aspiration]

Ditto that Ebb. The Ebbtracker is HOT, and it definitely made me some money the last two days (followed it to the F two days ago - when the F was the only fund to make money!), and hopefully will tonight, too. If I was braver I'd stay with it on Friday and Monday, but I'm not so I'll take the assured penny. Hope it works for you though! (Since I'm bowing out of stocks, your odds of success probably just went higher. )

Thanks again for sharing your insights and good luck with your trades!

 

[ebbnflow]

Thanks, guys!

 

[Warrenlm]

Is there an adjustment in the tracker's signals due to the drop Thursday?

 

[ebbnflow]

Is there an adjustment in the tracker's signals due to the drop Thursday?

I plugged in the usual incoming data from yesterday and there were no significant changes in trends and cycles.

 

[fabijo]

I plugged in the usual incoming data from yesterday and there were no significant changes in trends and cycles.

That's definitely a good sign for your tracker. It means that you can't surprise your tracker!

 

[ebbnflow]

Yep, it's all in the pattern I get. I do hate making revisions to the charts. Good thing it doesn't happen often.

 

[qibovin]

Looks like we caught a wave...

For what it's worth:

............FRI..MON..TUE
C-fund...

S-fund....

I-fund.....

The System uses the ebbtracker's I-fund with simple cross-checking rules:

a) Two or more stop signs = safe haven (G/F-fund).
b) Two or more dollar signs = stocks (I-fund).

Following the above rules, I'm on the I-fund for Friday/May 11 (2 greens) and next Monday/May 14 (2 greens) with x-check in effect. It's the G-fund for Tuesday/May 15 (2 stops) with another x-check in effect.

NOTE: Two x-checks are in effect for next week. Monday has x-check pattern#2 (5 of 5) and Tuesday has x-check pattern#6 (5 of 8).

I hope I didn't miss where somebody asked this already, but why G rather than F on Tuesday? The G was going to pay either Friday or Monday, so now it looks like Monday for sure. Did you get a sell signal on the F?

 

[ebbnflow]

I hope I didn't miss where somebody asked this already, but why G rather than F on Tuesday? The G was going to pay either Friday or Monday, so now it looks like Monday for sure. Did you get a sell signal on the F?

Yep, I got the stop sign for the F-fund. I've gone to the G-fund for Tuesday.

 

[Robo5555]

Impresive work Ebb! I'm on the lili pad for Tuesday.

 

[ebbnflow]

For what it's worth:

............WED..THU..FRI
C-fund....

S-fund....

I-fund......

The System uses the ebbtracker's I-fund with simple cross-checking rules:

a) Two or more stop signs = safe haven (G/F-fund).
b) Two or more dollar signs = stocks (I-fund).

Following the above rules, I'm on the F-fund for Wednesday/May 16 (2 stops) with x-check in effect. The G-fund for Thursday/May 17 (2 stops). It's back to the F-fund for Friday/May 18 (3 stops).

Note: The last two x-checked days didn't pan out, but x-check pattern#2 came through today (6 of 7). Wednesday is x-check pattern#6 (5 of 8).

 

[ebbnflow]

Impresive work Ebb! I'm on the lili pad for Tuesday.

Thanks, Robo5555! I heard about the Chinese with trillions of $$ waiting for an opportunity to be invested in the market. Hope they can wait a little while longer.

 

[fabijo]

I heard about the Chinese with trillions of $$ waiting for an opportunity to be invested in the market.

Heck, Tom pointed out how the Shanghai index was up 59% since the Feb-March correction. That should give them plenty to play with.

 

[fabijo]

Hey, ebb! I just got a call from someone who used to work with me. He's been logging on to this site only to check my moves. I told him he needs to be checking yours!!

 

[ebbnflow]

Thanks, like I need more people breathing down my neck when I make a bad move.

Anyways, I see you got to keep your +.06 cents from the I-fund today. Congrats!

 

[ebbnflow]

I'm not going to be able to post my usual spinchart update until after Friday's close of business, but I can state for sure that I'd be back in stocks (I-fund/3 greens) for next Monday.