FAB1 Account Talk

[FAB1]

Watching VIX, DHY, USO - trending negative against continued rally in short term.

May be gaps that need filled & even lower dip to attract buyers that did not join in on last weeks upward move.

I will be ready on March 2nd if conditions are optimal or wait until a clean break over SMA 50.

 

[FAB1]

$tran is taking a nasty dive (-2.4) so far today.

Its touched on its 50 day MA though, mebbe that will hold?

Oil could pull the market up by the close, if Oil goes up...

 

[FAB1]

Well that was an interesting turnaround day.

Left my latest trade with a BIG FAT ZEEROW. lol.

I see $SPX Slow Stoch is starting to roll over, but the MACD indicator is holding positive. ViX is languishing nicely.

$ going down...I fund will probably be the "winner" today

 

[FAB1]

Yesterday: A .23 gain in the F fund.

Probably will lose it today unless Big Earl hits some glass ceiling and drops rock-like taking the stock market with it.

Not outside the realm of possibility, mind you.

Big O has had a tough time keeping above the 50 day MA -- I'll cross my fingers something will trigger a drop and boost the bond market.

 

[FAB1]

Oh I Wish I was 100% in stocks today. During the recent consolidation in SPX...Dow $TRAN has been making slow steady gains keeping above support. Oil may or may not be in play so much, from recent trends.

So, could we see the next Leg Up. 4 month pattern of early-in-the-month down days? - Gotta Break somewhere.

 

[FAB1]

IFT - 100% C

F trade was Flop - happens to me about 90% of the time I invested there.

Gotta be In To Win...Hope I can get back the losses and more!!!!!!!!!

 

[JTH]

IFT - 100% C

F trade was Flop - happens to me about 90% of the time I invested there.

Gotta be In To Win...Hope I can get back the losses and more!!!!!!!!!

I looked for you on the AT but did not see you make a move. Those F-fund moves never work out for me when I need them to. Congrats on a great February, it was a tough month, and was good to see you tag the top 20.

 

[FAB1]

I looked for you on the AT but did not see you make a move. Those F-fund moves never work out for me when I need them to. Congrats on a great February, it was a tough month, and was good to see you tag the top 20.

good thing you posted that. I may have gotten to Tom in time to fix my failure to post my IFT.

I hate it when that happens.

 

[FAB1]

Tom rescued me in the Auto Tracker. Bless His Heart.

Today's rocket ride affirms this rally is not Done. Sure a lower buy-in price would have been swell but there is a lot of headroom now with little technical resistance until SPX gets up near where the market hit the last of the lower highs.

Hopefully Oil prices don't spoil the fun.

 

[FAB1]

I looked for you on the AT but did not see you make a move. Those F-fund moves never work out for me when I need them to. Congrats on a great February, it was a tough month, and was good to see you tag the top 20.

thanks Jason! You are very kind!

I was panicked about my omitting an AT entry so when I saw your post I didnt get past the first sentence before I zipped off a PM to Tom and made the entry.

I really hate screwing up my AT numbers, not so much for the competition sake I mainly like to see how I am doing in monthly %.

 

[JTH]

good thing you posted that. I may have gotten to Tom in time to fix my failure to post my IFT.

I hate it when that happens.

NP, glad I could help, I just wasn't sure if you recently joined a premium service.

 

[FAB1]

IFT today:
I/25
S/20
C/5
F/10
G/40

my 100% C trade not so great, C was weak after the big rally on Tuesday and S and I flourished. So, moving a good sized chunk to the G fund and spreading out the rest.

Although the month is young I would rather be poised to exit stocks, or just keep a little toe in them and the F fund.

Being 100% invested risky if Big Earl or China takes one of their famous 7 or 8% dives. Unexpectedly, of course.

But if the Bull keeps running ahead this IFT kills the G fund, I wont be sitting around gathering moss for a month!

Big open gap looms far Below also on SPX and I have come too far Up to lose gains. Good Luck All!

 

[FAB1]

SPX hit pretty solid resistance at the 200 ema - Slow Stoch rolling over as well but the MACD indicator still OK.

Next 2-3 days could be indicating a trend change or not.

 

[FAB1]

$DWCPF down sharper than SPX but in the same boat otherwise.

Watching but not too worried its going to go into reverse - healthy sign would be this index
recovers present losses, maybe even a gain by the close.

 

[FAB1]

AGG struggling to re-attain that rising channel it was sitting in so comfortably about 6 trading days ago.

20 day ema held as viable support. Looking pretty good and could be place to be if stocks crumble here.

 

[FAB1]

The buzz about Oil was that a continued rally might pull Stock indexes down.

Not what we are seeing today so far.

Looks like the Apron Strings of OIL/STOCKS are still intact.

Was the recent breakout of the USO 50 ema a "false" one?


food for thought.

 

[DreamboatAnnie]

I expect 200 EMA to be a hard resistance line. I got in yesterday and put it in S and I to avoid that as it appears SPX is about to 200EMA already. I expect it to bounce off it the hardest (hopefully before S and I funds reach that same level---hoping for a few more days upward but I guess today is the pull back---hopefully limited to one day). Will see...

SPX hit pretty solid resistance at the 200 ema - Slow Stoch rolling over as well but the MACD indicator still OK.

Next 2-3 days could be indicating a trend change or not.

 

[rspring]

I expect 200 EMA to be a hard resistance line. I got in yesterday and put it in S and I to avoid that as it appears SPX is about to 200EMA already. I expect it to bounce off it the hardest (hopefully before S and I funds reach that same level---hoping for a few more days upward but I guess today is the pull back---hopefully limited to one day). Will see...

There are a lot of folks that have missed out on the rally so this afternoon will be interesting. Today might have been a better day to enter but the market movement is changing fast. Last time I tried to time my entry I bought in 40 S&P points higher by the end of the day. So best of luck

 

[FAB1]

I expect 200 EMA to be a hard resistance line. I got in yesterday and put it in S and I to avoid that as it appears SPX is about to 200EMA already. I expect it to bounce off it the hardest (hopefully before S and I funds reach that same level---hoping for a few more days upward but I guess today is the pull back---hopefully limited to one day). Will see...

Futures, Oil, EU are up - looks like it was a short pullback / buying opp for latecomers?

I hope so, even with my reduced allocation that plunge yesterday in the S & I took a -.69% chunk out of FAB1.

I see the tracker Leaders got the wind knocked out of them as well.

I don't want a recovery of the losses - Nope, I want more than I lost.

C'mon you traders and BUY! ; )

 

[JTH]

Futures, Oil, EU are up - looks like it was a short pullback / buying opp for latecomers?

I hope so, even with my reduced allocation that plunge yesterday in the S & I took a -.69% chunk out of FAB1.

I see the tracker Leaders got the wind knocked out of them as well.

I don't want a recovery of the losses - Nope, I want more than I lost.

C'mon you traders and BUY! ; )

That S-Fund loss stung, it's under performed over the past 2 days, I've decided to jump into the C-Fund, hopefully that decision won't bite me in the azz...