FireWeatherMet Account Talk

FWM,
Where did you go? I was following you on the tracker a few spots below and then you disappeared. I must not have been paying attention to any moves.
 
Go read 2 posts below...I made a stupid 1 day move into stocks and caught a 2.5% drop. Hindsight, should have stayed in.

Not chasing right now...just waiting for better buy.
 
Looking at the charts (courtesy of Tom since I'm too lazy this morning) it looks like we've had our "Bottom" which has held for over a month now.

103015a.gif


With debt ceiling settled...no more major China carnage...and interest rates looking like they will stay low longer...we should not only get to our recent highs, but probably make new highs.
In-between there is likely to be a brief sell-off, but will try to not get emotional about it.

Likely going into stocks today and start Nov invested...this way if we shoot up even farther, there is opportunity to briefly get out...and buy in again.
 
Looks like S-Fund has been the laggard and might have the most room to run. Going in 100% S COB today.

S Fund.jpg

At the same time it does have a tiny bear flag formation forming, so could be a brief dip first. Or not. My system calls for me to be in stocks over 90% of the time unless we're in a full on bear market. Seems we're recovering nicely...need to get back on track...which probably means Monday morning we'll close down big.:rolleyes:
 
Tom had a nice take on this market in his evening wrap-up.

The relentless upward movement brings on a little panic to those who are not yet invested, particularly money managers who must show their results in quarterly reports, and they feel forced to chase the gains. That's how it feels right now. Every little dip is being bought and it will continue until the last investor (metaphorically) gives up (capitulates) and buys into a market that is running away from them. And theoretically that's when the rally will stop and a pullback will ensue - when the metaphorical last buyer buys. That could happen today, or it could be weeks from now.

Might consider using first IFT to "sell the news" Friday and wait for a brief pullback to buy back in. Or not. (lol) Will look at more tomorrow.
 
Given overly good jobs report and approaching "double top" on S&P (from Tom's evening report) I'm about to lock in just under 2% and use first IFT to ext. into -G-.

110615a.gif
 
Given overly good jobs report and approaching "double top" on S&P (from Tom's evening report) I'm about to lock in just under 2% and use first IFT to ext. into -G-.

110615a.gif

Whew!!
Exited into G in a nick of time (last Fri COB).

Just saw Sentiment Survey.
I won't tell you what the exact buy/sell ratio signals are, but will say that this recent vote was one of the most bullish
(meaning bearish) of the year so far (below).

[TABLE="width: 282"]
[TR]
[TD="align: center"][TABLE="width: 282"]
[TR]
[TD="width: 154, colspan: 3, align: left"]For the week:[/TD]
[TD="width: 64"]Bulls[/TD]
[TD="width: 64"]Bears[/TD]
[/TR]
[TR]
[TD]11/09/15[/TD]
[TD]-[/TD]
[TD]11/13/15[/TD]
[TD]58%[/TD]
[TD]29%[/TD]
[/TR]
[TR]
[TD]11/02/15[/TD]
[TD]-[/TD]
[TD]11/06/15[/TD]
[TD]56%[/TD]
[TD]28%[/TD]
[/TR]
[TR]
[TD]10/26/15[/TD]
[TD]-[/TD]
[TD]10/30/15[/TD]
[TD]46%[/TD]
[TD]37%[/TD]
[/TR]
[TR]
[TD]10/19/15[/TD]
[TD]-[/TD]
[TD]10/23/15[/TD]
[TD]42%[/TD]
[TD]38%[/TD]
[/TR]
[TR]
[TD]10/12/15[/TD]
[TD]-[/TD]
[TD]10/16/15[/TD]
[TD]49%[/TD]
[TD]31%[/TD]
[/TR]
[TR]
[TD]10/05/15[/TD]
[TD]-[/TD]
[TD]10/09/15[/TD]
[TD]39%[/TD]
[TD]46%[/TD]
[/TR]
[TR]
[TD]09/28/15[/TD]
[TD]-[/TD]
[TD]10/02/15[/TD]
[TD]38%[/TD]
[TD]47%[/TD]
[/TR]
[TR]
[TD]09/21/15[/TD]
[TD]-[/TD]
[TD]09/25/15[/TD]
[TD]55%[/TD]
[TD]29%[/TD]
[/TR]
[TR]
[TD]09/14/15[/TD]
[TD]-[/TD]
[TD]09/18/15[/TD]
[TD]42%[/TD]
[TD]40%[/TD]
[/TR]
[TR]
[TD]09/08/15[/TD]
[TD]-[/TD]
[TD]09/11/15[/TD]
[TD]38%[/TD]
[TD]45%[/TD]
[/TR]
[TR]
[TD]08/31/15[/TD]
[TD]-[/TD]
[TD]09/04/15[/TD]
[TD]50%[/TD]
[TD]32%[/TD]
[/TR]
[TR]
[TD]08/24/15[/TD]
[TD]-[/TD]
[TD]08/28/15[/TD]
[TD]35%[/TD]
[TD]49%[/TD]
[/TR]
[TR]
[TD]08/17/15[/TD]
[TD]-[/TD]
[TD]08/21/15[/TD]
[TD]49%[/TD]
[TD]36%[/TD]
[/TR]
[TR]
[TD]08/10/15[/TD]
[TD]-[/TD]
[TD]08/14/15[/TD]
[TD]37%[/TD]
[TD]45%[/TD]
[/TR]
[TR]
[TD]08/03/15[/TD]
[TD]-[/TD]
[TD]08/07/15[/TD]
[TD]50%[/TD]
[TD]35%[/TD]
[/TR]
[TR]
[TD]07/27/15[/TD]
[TD]-[/TD]
[TD]07/31/15[/TD]
[TD]47%[/TD]
[TD]36%[/TD]
[/TR]
[TR]
[TD]07/20/15[/TD]
[TD]-[/TD]
[TD]07/24/15[/TD]
[TD]48%[/TD]
[TD]32%[/TD]
[/TR]
[TR]
[TD]07/13/15[/TD]
[TD]-[/TD]
[TD]07/17/15[/TD]
[TD]44%[/TD]
[TD]42%[/TD]
[/TR]
[TR]
[TD]07/06/15[/TD]
[TD]-[/TD]
[TD]07/10/15[/TD]
[TD]52%[/TD]
[TD]30%[/TD]
[/TR]
[TR]
[TD]06/29/15[/TD]
[TD]-[/TD]
[TD]07/03/15[/TD]
[TD]46%[/TD]
[TD]33%[/TD]
[/TR]
[TR]
[TD]06/22/15[/TD]
[TD]-[/TD]
[TD]06/26/15[/TD]
[TD]45%[/TD]
[TD]34%[/TD]
[/TR]
[TR]
[TD]06/15/15[/TD]
[TD]-[/TD]
[TD]06/19/15[/TD]
[TD]58%[/TD]
[TD]27%[/TD]
[/TR]
[TR]
[TD]06/08/15[/TD]
[TD]-[/TD]
[TD]06/12/15[/TD]
[TD]45%[/TD]
[TD]36%[/TD]
[/TR]
[TR]
[TD]06/01/15[/TD]
[TD]-[/TD]
[TD]06/05/15[/TD]
[TD]43%[/TD]
[TD]34%[/TD]
[/TR]
[TR]
[TD]05/25/15[/TD]
[TD]-[/TD]
[TD]05/29/15[/TD]
[TD]45%[/TD]
[TD]32%[/TD]
[/TR]
[TR]
[TD]05/18/15[/TD]
[TD]-[/TD]
[TD]05/22/15[/TD]
[TD]49%[/TD]
[TD]33%[/TD]
[/TR]
[TR]
[TD]05/11/15[/TD]
[TD]-[/TD]
[TD]05/15/15[/TD]
[TD]41%[/TD]
[TD]39%[/TD]
[/TR]
[TR]
[TD]05/04/15[/TD]
[TD]-[/TD]
[TD]05/08/15[/TD]
[TD]45%[/TD]
[TD]42%[/TD]
[/TR]
[TR]
[TD]04/27/15[/TD]
[TD]-[/TD]
[TD]05/01/15[/TD]
[TD]50%[/TD]
[TD]31%[/TD]
[/TR]
[TR]
[TD]04/20/15[/TD]
[TD]-[/TD]
[TD]04/24/15[/TD]
[TD]54%[/TD]
[TD]29%[/TD]
[/TR]
[TR]
[TD]04/13/15[/TD]
[TD]-[/TD]
[TD]04/17/15[/TD]
[TD]50%[/TD]
[TD]28%[/TD]
[/TR]
[TR]
[TD]04/06/15[/TD]
[TD]-[/TD]
[TD]04/10/15[/TD]
[TD]44%[/TD]
[TD]41%[/TD]
[/TR]
[TR]
[TD]03/30/15[/TD]
[TD]-[/TD]
[TD]04/03/15[/TD]
[TD]40%[/TD]
[TD]42%[/TD]
[/TR]
[TR]
[TD]03/23/15[/TD]
[TD]-[/TD]
[TD]03/27/15[/TD]
[TD]54%[/TD]
[TD]31%[/TD]
[/TR]
[TR]
[TD]03/16/15[/TD]
[TD]-[/TD]
[TD]03/20/15[/TD]
[TD]54%[/TD]
[TD]31%[/TD]
[/TR]
[TR]
[TD]03/09/15[/TD]
[TD]-[/TD]
[TD]03/13/15[/TD]
[TD]50%[/TD]
[TD]33%[/TD]
[/TR]
[TR]
[TD]03/02/15[/TD]
[TD]-[/TD]
[TD]03/06/15[/TD]
[TD]51%[/TD]
[TD]32%[/TD]
[/TR]
[TR]
[TD]02/23/15[/TD]
[TD]-[/TD]
[TD]02/27/15[/TD]
[TD]49%[/TD]
[TD]32%[/TD]
[/TR]
[TR]
[TD]02/16/15[/TD]
[TD]-[/TD]
[TD]02/20/15[/TD]
[TD]55%[/TD]
[TD]28%[/TD]
[/TR]
[TR]
[TD]02/09/15[/TD]
[TD]-[/TD]
[TD]02/13/15[/TD]
[TD]53%[/TD]
[TD]30%[/TD]
[/TR]
[TR]
[TD]02/03/15[/TD]
[TD]-[/TD]
[TD]02/06/15[/TD]
[TD]42%[/TD]
[TD]40%[/TD]
[/TR]
[TR]
[TD]01/26/15[/TD]
[TD]-[/TD]
[TD]01/30/15[/TD]
[TD]55%[/TD]
[TD]27%[/TD]
[/TR]
[TR]
[TD]01/19/15[/TD]
[TD]-[/TD]
[TD]01/23/15[/TD]
[TD]40%[/TD]
[TD]44%[/TD]
[/TR]
[TR]
[TD]01/12/15[/TD]
[TD]-[/TD]
[TD]01/16/15[/TD]
[TD]64%[/TD]
[TD]20%[/TD]
[/TR]
[TR]
[TD]01/02/15[/TD]
[TD]-[/TD]
[TD]01/09/15[/TD]
[TD]57%[/TD]
[TD]28%[/TD]
[/TR]
[TR]
[TD][/TD]
[TD][/TD]
[TD][/TD]
[TD][/TD]
[TD][/TD]
[/TR]
[/TABLE]
[/TD]
[/TR]
[/TABLE]
 
Looking like a great call to sell last Friday.

Any insight as to when you are going to be buying?

Analyst on CNBC said that 3% down was a good buying opportunity. 50 and 200 day EMA's get hit at 2.5% down from recent peak. So tentatively waiting for that, but you never know. My system tells me that I've gained nearly 1.5% on S fund and I should just lock that gain and go in today. Thinking of waiting one or two more days and re evaluate.
 
Analyst on CNBC said that 3% down was a good buying opportunity. 50 and 200 day EMA's get hit at 2.5% down from recent peak. So tentatively waiting for that, but you never know. My system tells me that I've gained nearly 1.5% on S fund and I should just lock that gain and go in today. Thinking of waiting one or two more days and re evaluate.
Well... you have been doing Great FMW! Congratulations!!! :D
 
Well... you have been doing Great FMW! Congratulations!!! :D

Thanks Annie,

Thought of you the other night. On a long overnight drive I stopped at a big truck rest stop, and looked for some cheap CD's to keep me awake. Saw the best of Heart...with Dreamboat Annie as one of the songs. :smile:

Otherwise, I wish I paid more attention to the F-Fund (below).
The chart looks primed for a few days of uptick, and with todays F gains I could have padded the monthly stats a bit in quest of a possible TSP mug (lol).

111015i.gif



Oh well, doesn't really matter...the best gains will be timing re-entrance into stocks this month and picking the right fund. Will actually look at I fund as a possibility.
 
Yeeaawwn...

Was toying with using 2nd IFT to jump in today...as we've been down 4 of 5 days, but overslept this morning (lol).

Might be a blessing in disguise...but we are due for a DCB soon, unless we're seeing more of a critical structural failure in our markets.
Stocks showing a bit of reversal from earlier lows today, that's how the DCB's tend to start.

Speaking of structural failure...big story, major realtors finally succumbing to online retail.
Santa Claus rally's typically revolve around retail numbers going higher, like they've done the past 5-6 years. This year promises to be different, not due to less buying, just less at big box stores, as even Grandpa is starting to figure out how to buy that new fishing rod online with his new Android phone his granddaughter gave him last Christmas.

So our headqinds going into the holidays are:

- Poor Retail Numbers
- Fed Rate Hike Looming
- Falling Oil and Strengthening Dollar.

This years Santa Claus rally might be some lumps of coal in the stockings...:notrust:
 
Nnuut has a good playlist of Oscar Carboni Video's, very much liked by Show-Me...who was very liked here.

This latest one was very interesting...remember he's sometimes overly bullish, so when he has a negative market outlook, that's significant.


Another good technical analysis one (again from Nnuut) is this one.

 
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