FAB1 Account Talk

You waited until now to jump in? :blink:

I hope it turns out well for you. I'm gonna stick it out personally, doesn't look like I'll be making many moves this year.

Yes, I did get a lower buying in price so I took what I could get. I think as long as we have QE in operation the dips may be shallow. I still respect the formerly mentioned red line we didnt penetrate la.st week though. May be a breakthrough on the second attempt? Even if that resistance gets brushed aside I will likely take incremental reductions to G before end of month
 
Well man, I had to jump in too. I'm on pins and needles this late to the party, but there's nothing to be made in G. I still believe this thing will go further than most think possible now that Cyprus is out of the way. I am looking for profit taking later this spring.

Oh yeah, Rotre52 went back in 100% S too.
 
Every once in a while I get off bquats and JTHs thread and bump mine from obscurity.

you are witnessing juat sucn an occasion. at ease. :toung:
 
‘Bearish divergence’ is warning investors not to buy the dip in the stock market - MarketWatch

On the downside, the 1,815 level could be important for the long-term outlook. That’s where an uptrend line drawn off the March 2009 low currently extends.
Below that, the 1565-1575 area sticks out on the charts for two reasons:
MW-DT767_SPX_Su_20150904094204_NS.png
 
‘Bearish divergence’ is warning investors not to buy the dip in the stock market - MarketWatch

On the downside, the 1,815 level could be important for the long-term outlook. That’s where an uptrend line drawn off the March 2009 low currently extends.
Below that, the 1565-1575 area sticks out on the charts for two reasons:
MW-DT767_SPX_Su_20150904094204_NS.png



Nice Chart. Confirms my belief that jumping in here would be a hangsman noose move with the odds of downside neck snapping move Tuesday about 80 percent. I only give 20 percent rope snaps move up for outside world markets news that could influence in a positive way and leave the participant alive and breathing. This market is jaggedly going down but in the end...its down. What really surprises me the most...we have not crashed yet. That is coming. :sick:
 
Sept might be a good month to keep an eye on the

ZWEIG BREADTH THRUST INDICATOR

Markets Overview - J French - Public ChartList - StockCharts.com;

Doubtful, here's a close-up of that indicator. The rule is that it has 10 days to get from below 0.4 to above 0.615, and today was already the 9th day since it crossed I think.
$NYADV:$NYTOT - SharpCharts Workbench - StockCharts.com

Here's a simple long-term chart that's rather ominous...
Print SharpCharts from StockCharts.com

With the futures now leaping over 1975 this is the opportunity to get the heck out and preserve gains for those that have gains. It's just a matter of how far up it gets. 2000? 2030? 2040? 2050? Watch for 5 waves up from Friday's close (which was the end of the triangle), that will be the clue.
 
Doubtful, here's a close-up of that indicator. The rule is that it has 10 days to get from below 0.4 to above 0.615, and today was already the 9th day since it crossed I think.
$NYADV:$NYTOT - SharpCharts Workbench - StockCharts.com

Here's a simple long-term chart that's rather ominous...
Print SharpCharts from StockCharts.com

With the futures now leaping over 1975 this is the opportunity to get the heck out and preserve gains for those that have gains. It's just a matter of how far up it gets. 2000? 2030? 2040? 2050? Watch for 5 waves up from Friday's close (which was the end of the triangle), that will be the clue.

yeah it does appear that the market is running out of steam and a crash is near. Expected more downside action before Tuesday but this rally is forced on low volume - a siren song calling to suckers come and play.
 
OOpsie!

Mauket faw down. Go BOOOM!!

glad Im OUT so not faced with decision.. do I bail now with yesterdays gains or stick and see if it recovers tomorrow??? :nuts:
 
OOpsie!

Mauket faw down. Go BOOOM!!

glad Im OUT so not faced with decision.. do I bail now with yesterdays gains or stick and see if it recovers tomorrow??? :nuts:

Can you grab me a can of tuna while you're down there? ;)

Oh, and turn down that Justin Beiber. :)

:wall: I like TSPTalk and I think most people here are well-intentioned but if I followed their advice, I'd be hunkered down in my basement with a thousand cans of tuna fish.
 
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