FireWeatherMet Account Talk

Not much time to elaborate but using 1st Auf IFT to leave stocks and go 100% G COB today. S&P up 7 of 8 days...open gap exists about 2% below, so...
 
With continued good news on inflation front, using 2nd Aug IFT to do some end of month housekeeping and leave G-fund...going 100% C COB today.
 
Given flattening out pattern at new highs, using 1st Sep IFT, leaving 100% C position and going 100% G COB today.

Interestingly, the "Oscar Carboni Proprietary Resistance Line Moving Avg" served as a great resistance point recently. I don't expect any upcoming downturn to go that far down, maybe back down to the 10 or 20 day EMA, IMHO.

SP.jpg
 
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Well, after sitting on the G Lilly-pad since late September, doing 1st IFT in nearly 3 months, went 50/50 into C and S COB Today (Dec 18th).
Initially the thought was we have dropped enough for now. DOW was down 9 straight days, longest since 1978 (now 10 straight days) and that we would do a holiday bounce back up, and then I would exit before markets decide to plunge down to fill the monster open gap "Trump Bounce" from early Nov. So I made my move from G into C and S, and lo and behold, the market plunged violently the last 2 hours, spooked by something the Fed hinted at. The Dow Industrials actually filled the open gap (below) while the S fund filled about 2/3rds of the gap (2nd pic below), while the S&P just touched the top of the gap. (3rd pic below). Wasn't expecting that, but it might have timed out just right, by mistake, we'll see. If today is a bottom, maybe another TSPtalk coffee cup will go into the cupboard at months end, lol.
Dow Industrials.jpg
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