Heres14U
Member
Good Morning;
I would like to take this belated opportunity to thank all of you fellow veterans for your service to this country. I hope you all had a great Memorial Day weekend. Thanks to your service and sacrifice we all enjoy our freedom. I am a Vietnam Veteran and sincerely appreciate the Memorial Day holiday and how fortunate we are to live in this free country.
I use Stockcharts.com symbols and Yahoo for DWCP.
The C-fund ($SPX) reading is at -.30 and is still a buy however my longer term chart is negative so if you do buy it would only be a hold for a few days. There’s also a greater chance now that prices will continue to fall lower so it is a very risky buy here. C is now Below it’s 20 day moving average .
The S fund (DWCP) reading is at -.27. It’s a Hold if you bought it Friday however longer term chart is falling and negative predicting lower prices ahead so don‘t stay in to long.
The I-fund ($IEE) reading is at -.47 and is a Buy today. Longer term chart is falling so this also would be a very short term trade, just a few days.
The F-fund (AGG) reading is -.37 and is a wait for lower prices.
I am currently 100% G for the rest of May. As of 5/23/08 I am #7 in the tracker with a return of +.7.21% since 3/11/08. Although we may have a knee jerk rally from here for a day or two, I believe the stock market can still head down again. Buyer beware!!!
I have adjusted the Buy Below parameters in the stock funds to reflect my thinking of a possible nasty sell off coming. They would allow us to buy at much lower prices should I be right.
There are no guarantees that the funds will hit their respective Buy Below or Sell Above parameters but the whole idea is to try to sell before everyone else does, preserve your funds, and be patient enough to wait for the 11am Reading to get back below the Buy Below parameter before buying a fund. Quick selling and patience are the keys to being successful in this market. Any comments or suggestions are most welcome.
Good Luck!
-------- Share 20dy 11am Buy Sell Today’s
Date Fund Price ma Read Below Above Rec
5/20/08 C 16.07 1403.56 -.02 +.10 +.25 I’M SELLING
5/21/08 C 15.81 1404.10 -.07 -.25 +.25 WAIT
5/22/08 C 15.86 1404.38 -.23 -.25 +.25 WAIT
5/23/08 C 15.65 1403.28 -.38 -.25 +.25 BUY- IF YOU DARE!
5/27/08 C ----- 1402.62 -.30 -.25 +.25 BUY- IF YOU DARE!
5/20/08 S 19.54 19.16 -.08 +.10 +.40 I WOULD SELL
5/21/08 S 19.25 19.19 -.02 -.40 +.40 WAIT
5/22/08 S 19.34 19.22 -.27 -.40 +.40 WAIT
5/23/08 S 19.15 19.23 -.40 -.40 +.40 BUY-IF YOU DARE!
5/27/08 S ----- 19.25 -.27 -.40 +.40 HOLD IF BOUGHT FOR FEW DAYS
5/20/08 I 24.45 24.02 +.06 +.10 +.45 I’M SELLING
5/21/08 I 24.12 24.04 -.11 -.45 +.45 WAIT
5/22/08 I 24.37 24.09 -.38 -.45 +.45 WAIT
5/23/08 I 24.15 24.11 -.23 -.45 +.45 WAIT
5/27/08 I ----- 24.12 -.47 -.45 +.45 BUY-IF YOU DARE!
5/20/08 F 12.24 101.97 +.22 -. 50 +.50 WAIT
5/21/08 F 12.21 101.97 +.23 -.50 +.50 WAIT
5/22/08 F 12.15 101.96 -.36 -.50 +.50 WAIT
5/23/08 F 12.19 101.98 -.12 -.50 +.50 WAIT
5/27/08 F ----- 101.97 -.37 -.50 +.50 WAIT
How to use the above chart & Recommendation Explanations;
BUY - Once the 11am READING number goes below the BUY BELOW number start your buy program as you are entering the buy zone and the fund is oversold. Either buy in completely, realizing there may be a couple more down days to go, or start dollar cost averaging into the fund.
SELL - Once the 11am READING number goes above the SELL ABOVE number start your sell program.
Because we are currently in a bear market in the C, S, and I funds, I would recommend selling your complete position. Bear market rallies can turn on a dime and you will not have much of a topping process. If you are serious about following this system you should set up an Excel spreadsheet to plot these numbers and chart them. It would make the system come to life for you. You will then see where we have been, where we are going, and at what point the market is likely to top out, much more clearly.
SELL/WAIT - Sell your position in the fund and/or Wait for lower prices if you have already sold. Fund is most likely topping and will be trending down soon.
BUY/HOLD - Buy your position in the fund and/or Hold for higher prices if you have already bought. Fund is most likely bottoming and will be trending higher in coming days. It’s okay to add to your position providing the current 11am READING number is below its BUY BELOW number.
Notes:
Selling must be quick and decisive with the C, S, and I funds. Let the other investors fight for that last.half percent. By getting out early, preserving your capital, and being patient for the next buying opportunity you will be successful. This is of the utmost importance. Unlike bull markets, bear markets (if we are still in one) are unforgiving and don’t bail you out if you should make a mistake or stay in too long. If you start following this program you must try to monitor it every day to get a feel for it Think of the 11am readings as an oscillator moving above and below a “0” centerline. During up trends the 11am readings will have trouble moving much below “0”. During downtrends the 11am readings will move to the negatives quickly. During a sideways market (channeling) buys and sells will happen regularly at support and resistance points. Please remember this system is just another tool to use to help you decide your investment decisions. These are just my thoughts and there is no guarantee of profit, just educated guesses as to where I think the funds are headed. Please also remember your final investment decision is your choice and responsibility. Hopefully we can make money and avoid disasters.
Good Luck to you all!
I would like to take this belated opportunity to thank all of you fellow veterans for your service to this country. I hope you all had a great Memorial Day weekend. Thanks to your service and sacrifice we all enjoy our freedom. I am a Vietnam Veteran and sincerely appreciate the Memorial Day holiday and how fortunate we are to live in this free country.
I use Stockcharts.com symbols and Yahoo for DWCP.
The C-fund ($SPX) reading is at -.30 and is still a buy however my longer term chart is negative so if you do buy it would only be a hold for a few days. There’s also a greater chance now that prices will continue to fall lower so it is a very risky buy here. C is now Below it’s 20 day moving average .
The S fund (DWCP) reading is at -.27. It’s a Hold if you bought it Friday however longer term chart is falling and negative predicting lower prices ahead so don‘t stay in to long.
The I-fund ($IEE) reading is at -.47 and is a Buy today. Longer term chart is falling so this also would be a very short term trade, just a few days.
The F-fund (AGG) reading is -.37 and is a wait for lower prices.
I am currently 100% G for the rest of May. As of 5/23/08 I am #7 in the tracker with a return of +.7.21% since 3/11/08. Although we may have a knee jerk rally from here for a day or two, I believe the stock market can still head down again. Buyer beware!!!
I have adjusted the Buy Below parameters in the stock funds to reflect my thinking of a possible nasty sell off coming. They would allow us to buy at much lower prices should I be right.
There are no guarantees that the funds will hit their respective Buy Below or Sell Above parameters but the whole idea is to try to sell before everyone else does, preserve your funds, and be patient enough to wait for the 11am Reading to get back below the Buy Below parameter before buying a fund. Quick selling and patience are the keys to being successful in this market. Any comments or suggestions are most welcome.
Good Luck!
-------- Share 20dy 11am Buy Sell Today’s
Date Fund Price ma Read Below Above Rec
5/20/08 C 16.07 1403.56 -.02 +.10 +.25 I’M SELLING
5/21/08 C 15.81 1404.10 -.07 -.25 +.25 WAIT
5/22/08 C 15.86 1404.38 -.23 -.25 +.25 WAIT
5/23/08 C 15.65 1403.28 -.38 -.25 +.25 BUY- IF YOU DARE!
5/27/08 C ----- 1402.62 -.30 -.25 +.25 BUY- IF YOU DARE!
5/20/08 S 19.54 19.16 -.08 +.10 +.40 I WOULD SELL
5/21/08 S 19.25 19.19 -.02 -.40 +.40 WAIT
5/22/08 S 19.34 19.22 -.27 -.40 +.40 WAIT
5/23/08 S 19.15 19.23 -.40 -.40 +.40 BUY-IF YOU DARE!
5/27/08 S ----- 19.25 -.27 -.40 +.40 HOLD IF BOUGHT FOR FEW DAYS
5/20/08 I 24.45 24.02 +.06 +.10 +.45 I’M SELLING
5/21/08 I 24.12 24.04 -.11 -.45 +.45 WAIT
5/22/08 I 24.37 24.09 -.38 -.45 +.45 WAIT
5/23/08 I 24.15 24.11 -.23 -.45 +.45 WAIT
5/27/08 I ----- 24.12 -.47 -.45 +.45 BUY-IF YOU DARE!
5/20/08 F 12.24 101.97 +.22 -. 50 +.50 WAIT
5/21/08 F 12.21 101.97 +.23 -.50 +.50 WAIT
5/22/08 F 12.15 101.96 -.36 -.50 +.50 WAIT
5/23/08 F 12.19 101.98 -.12 -.50 +.50 WAIT
5/27/08 F ----- 101.97 -.37 -.50 +.50 WAIT
How to use the above chart & Recommendation Explanations;
BUY - Once the 11am READING number goes below the BUY BELOW number start your buy program as you are entering the buy zone and the fund is oversold. Either buy in completely, realizing there may be a couple more down days to go, or start dollar cost averaging into the fund.
SELL - Once the 11am READING number goes above the SELL ABOVE number start your sell program.
Because we are currently in a bear market in the C, S, and I funds, I would recommend selling your complete position. Bear market rallies can turn on a dime and you will not have much of a topping process. If you are serious about following this system you should set up an Excel spreadsheet to plot these numbers and chart them. It would make the system come to life for you. You will then see where we have been, where we are going, and at what point the market is likely to top out, much more clearly.
SELL/WAIT - Sell your position in the fund and/or Wait for lower prices if you have already sold. Fund is most likely topping and will be trending down soon.
BUY/HOLD - Buy your position in the fund and/or Hold for higher prices if you have already bought. Fund is most likely bottoming and will be trending higher in coming days. It’s okay to add to your position providing the current 11am READING number is below its BUY BELOW number.
Notes:
Selling must be quick and decisive with the C, S, and I funds. Let the other investors fight for that last.half percent. By getting out early, preserving your capital, and being patient for the next buying opportunity you will be successful. This is of the utmost importance. Unlike bull markets, bear markets (if we are still in one) are unforgiving and don’t bail you out if you should make a mistake or stay in too long. If you start following this program you must try to monitor it every day to get a feel for it Think of the 11am readings as an oscillator moving above and below a “0” centerline. During up trends the 11am readings will have trouble moving much below “0”. During downtrends the 11am readings will move to the negatives quickly. During a sideways market (channeling) buys and sells will happen regularly at support and resistance points. Please remember this system is just another tool to use to help you decide your investment decisions. These are just my thoughts and there is no guarantee of profit, just educated guesses as to where I think the funds are headed. Please also remember your final investment decision is your choice and responsibility. Hopefully we can make money and avoid disasters.
Good Luck to you all!