jpcavin's Account Talk

[jpcavin]

Judy,

If you have a few spill over dollars you might take a look at CX (Cemex) as an infrastructure play. And yes, I'm deep in it.

I can't purchase ADR stocks . I was looking at SQNM yesterday for another gamble and wish I had made a play on it. It's gained over 8% today. Don't have much dollars left for good stocks for enough for a little fun gambling.

 

[jpcavin]

Good luck.

Thanks. I'm only guesstimating right now because I really won't know anything for sure until the markets close. Will let you know tonight if I "saw" a BUY signal.

 

[jpcavin]

EBAY is over 16% today and I only own 5 shares! Are you kidding me?

 

[jkenjohnson]

Thanks. I'm only guesstimating right now because I really won't know anything for sure until the markets close. Will let you know tonight if I "saw" a BUY signal.

OK, I'll look for it.

 

[jpcavin]

Markets look really good right now. If I was a gambling person, I would be tempted to make an entry today. But I'm already in, so I think I'll stay...:laugh:

Well, I'm singing a different tune this afternoon. Next time I'll keep my mouth shut until the markets close. :toung:

 

[Handballer]

Judy,

If you have a few spill over dollars you might take a look at CX (Cemex) as an infrastructure play. And yes, I'm deep in it.

Birch you must always wear a smile. Keep this market on the upside.

 

[jkenjohnson]

Well, I'm singing a different tune this afternoon. Next time I'll keep my mouth shut until the markets close. :toung:

Did you get a buy signal. I am still on sell?

 

[Ron55]

Yeah JP I'm hoping this market will go up a little also.

 

[jpcavin]

Did you get a buy signal. I am still on sell?

No buy signal. I thought we would because 3d sma crossed the 10d sma, but it was on the way down. Rate of Change was in the negative also. Market just sucks!!
My SELL signal was back on 5 April.

 

[jkenjohnson]

No buy signal. I thought we would because 3d sma crossed the 10d sma, but it was on the way down. Rate of Change was in the negative also. Market just sucks!!
My SELL signal was back on 5 April.

Looks like today will pop up. I should have stayed in yesterday and got out today. Oh well.

 

[jpcavin]

Looks like today will pop up.

Where do you guys see stuff like that? I don't see the future. Only the past and the present.

 

[RealMoneyIssues]

Looks like today will pop up. I should have stayed in yesterday and got out today. Oh well.

And what did your system say? I mean, is it a mechanical, no emotion system, or does it change based on how you feel?

 

[jkenjohnson]

And what did your system say? I mean, is it a mechanical, no emotion system, or does it change based on how you feel?

It is still on a sell. I was just saying coulda woulda shoulda, blah blah blah. I hate that I missed out on today's gains.

 

[RealMoneyIssues]

It is still on a sell. I was just saying coulda woulda shoulda, blah blah blah. I hate that I missed out on today's gains.

ok, just checking

 

[jpcavin]

If I was on the sidelines, under no circumstances would I get in the markets today. Don't say I didn't tell ya so! Good luck out there.

 

[Khotso]

If I was on the sidelines, under no circumstances would I get in the markets today. Don't say I didn't tell ya so! Good luck out there.

OK - but quick question: how come? What do you see coming?

 

[jpcavin]

OK - but quick question: how come? What do you see coming?

3d/10d and 20d sma direction is down. 50d sma is close behind. Momentum is negative, more than double what is was Friday. I would wait for some indication of a change in direction.

 

[jpcavin]

Of course, if the market turns around and keeps closing higher, it could be a very lucrative entry point for those who like to gamble. This market is not for the squeamish or for those that don't know what they are doing. I don't know what I'm doing, so I like to play it safe.

 

[Khotso]

Of course, if the market turns around and keeps closing higher, it could be a very lucrative entry point for those who like to gamble. This market is not for the squeamish or for those that don't know what they are doing. I don't know what I'm doing, so I like to play it safe.

Haha --that makes two of us. Remembering last August, I think I'll be squeamish today then and remain here on my lily pad. Thanks!

 

[MrJohnRoss]

3d/10d and 20d sma direction is down. 50d sma is close behind. Momentum is negative, more than double what is was Friday. QUOTE]

Hey jp, just curious...how are you measuring momentum? Also, when you mention the sma's, are you looking only at the S&P, or other indices as well?

I like your logic. You're obviously "on the ball".