FAB1 Account Talk

[lkatme]

You're seeing allot of headroom... check out the chart/video on DBAs thread, there's allot of room to drop too.

There is always more room to drop. I'm 50/50 not sure if I should change my allocation....there is definitely more bad news than good news out there...
The problems in the economy are now Worldly. Lot's of different big economies are having problems. If this continues, it can be worse than the recession. Who knows....?

 

[FAB1]

There is always more room to drop. I'm 50/50 not sure if I should change my allocation....there is definitely more bad news than good news out there...
The problems in the economy are now Worldly. Lot's of different big economies are having problems. If this continues, it can be worse than the recession. Who knows....?

Yea that's true.

Last week I mentioned 1830 "ish" as a possible entry point.

That's not far from the 200 MA (1815) = major stopping point for an oversold market?

May be a short-lived bounce though. :suspicious:

 

[FAB1]

FWIW - the daily LOW during that kangaroo tail positive reversal day in Jan hit the 200 MA

Believers in double-bottoms can take heart at S&P 1815?? :smlove2:

 

[FAB1]

This market is like a spoiled, squealing Baby screaming for Old Mother Yellen to come stick a bottle in its mouth.


Naughty Baby faw down and peed its diapers (on purpose), trying to scare Momma into helping it back up. Lol.

 

[FAB1]

Well here we are its 9:34 and what will the trading day hold in store for us investors?

Japan shed +5%, most of the Euro indexes are down, plenty of gloomndoom noos swirling around to keep ya head spinning!

US futures down, predictably. But S&P 1815 has yet to be reached/ breached. Tomorrow: Yellen speaks! or something.

FAB still looking for a short bounce off 200 MA, maybe see a small gain before the closing bell?

and with the FOMC (Wednesday) meeting you know something will happen the market will dance a jig at 2:00 and then go up or down.

 

[FAB1]

Of course, if S&P just wants to keep going up up up and forget about 1815/ 200d ema.

that's alright too! he he.

 

[FAB1]

Stocks struggle for gains as oil wavers; Yellen eyed

 

[FAB1]

Maybe the S&P will dish out modest gains today despite King Earl drooping over 6%!!

Something cut them apron-strings today fer shure - Now if I kin jest figger out what.... naw!!!

 

[FAB1]

Can't wait for 4pm to make up my mind.

Gonna get on over to Cracker Barrel and Celebrate this Turnaround Tuesday!

Even if it closes F L A T that's a sight bettern' a Loss!!

Meatloaf & Mash Taters here I come!! :nuts:

 

[FAB1]

Were equities tracking $TRAN (showing some strength) there in the last 30mins or so?? Or just pushed up along with Oil?

S&P ended nearly F L A T - still a big improvement than since last Friday.

Maybe a good sign for the near future. It's getting interesting!

I need around 2.5 - 3% for this month to pull out of the hole.

 

[FAB1]

Robust S&P futures sag with Fed announcement. (my title)

The Truly Clueless Ol' Yellen strikes again -- sez we must "motor through".

Happy Motoring!!

 

[FAB1]

Stocks mostly higher amid Yellen remarks; oil eyed


FAB1 commentary:

The remarks that hurt the futures are now helping stocks.

At least Yellen is not being "eyed" as oil has taked her place in that department.

Are these headlines STUPID OR WHAT?? :nuts:

 

[FAB1]

Good-Morning!

To-Day's market prediction. (and Xing fingers)

Never-mind the dreary morning futures... FED recent News of delay on rate hikes (until 2018) will see us in the GREEN by 2pm.

 

[FogSailing]

It's time for the War of 1812!!! Good Luck if you're in.

Once we fall to 1770 we probably bounce. While it's possible, I doubt that will be today or tomorrow. Once we fall under 1770, there is a lot open space down to 1650.

View attachment 37058

FS

 

[FAB1]

It's time for the War of 1812!!! Good Luck if you're in.

Once we fall to 1770 we probably bounce. While it's possible, I doubt that will be today or tomorrow. Once we fall under 1770, there is a lot open space down to 1650.

View attachment 37058




FS

yup the "no-man's land" is sumthing to avoid. But we still haven't tested what you said "1812"

Man what a great Overture!

I fully expected my present trade to see us hit the 200day weekly ema so they are still Playing My Song for now! ; )

 

[FAB1]

EMA 200 (1814.93) getting very close now and if this holds....

 

[FAB1]

Walked into this trade 3 days ago with eyes open expecting a descent to 1815. Not sweating it.

We are practically there, just took a little while. Oil is "co-operative" today by falling and taking
S&P lower.

Watch.

 

[FAB1]

Oh Ho! are we setup for a rally tomorrow???

1815 Held Strong and some losses reversed - Oil gains!

 

[FAB1]

Stocks rally to end rough week, oil surges 12%

Enuf Said. Enjoy your L O N G weekend !!

 

[Dinicti]

Great call!