FAB1
Market Veteran
- Reaction score
- 34
Just to keep perspective the "news" is coming from birch and when was the last time birch went to the G fund?
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Or you can now use TapaTalk again!JTH's Account Talk
- Thread starter JTH
- Start date
Just to keep perspective the "news" is coming from birch and when was the last time birch went to the G fund?
JTH
TSP Legend
- Reaction score
- 792
Bquat
TSP Talk Royalty
- Reaction score
- 419
Oh mighty chart man, does it look like a cup and handle forming in the S&P, which is bullish? Or am I just seeing things. Are we building strenght with this high base forming or will it weaken if bad news on Friday? Care to guess? Mine is if we don't break 1340 to 1345 today or tomorrow there will be a selloff Friday. I'm a tiny bit bearish but can be swayed.:notrust:
JTH
TSP Legend
- Reaction score
- 792
No guesses for me, I've already hit my PO. As I've mentioned in a previous blog, I believe it to be a complex H&S and we are forming the peak of the right shoulder. However, when it comes down to brass tacks we could call it a little bit of everything like a cup and handle, H&S, ascending scallop, an outside rounded V, any number of things. We also have a bit of a broadening decending wedge going on too.
JTH
TSP Legend
- Reaction score
- 792
I saw today as a bullish day, although I'd still hate to jump in at these levels. Problem is, you can only hate to jump in at these levels for so long. Watching the days go by and the profits slip away will take its mental toll on you. Before you know it you're ready to jump in, you've finally thrown in the towel. That's about the time we run out of buyers and the top is in.
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RealMoneyIssues
TSP Legend
- Reaction score
- 100
RealMoneyIssues
TSP Legend
- Reaction score
- 100
Hope so, would like to make up for my recent losses. I will keep my hopes up. Thanks PermaBull !!
Britts4life
Investor
- Reaction score
- 4
I got in for tomorrow after feeling a need to move to security after the June beating. It would have been nice to stay the course and not taken the loss but I did get some of my money back. Now that there is no need to keep my money safe (right, like that ever happens) it was a question to jump in at the top or hope it isn't the top. I decided to live in hope!I saw today as a bullish day, although I'd still hate to jump in at these levels. Problem is, you can only hate to jump in at these levels for so long. Watching the days go by and the profits slip away will take its mental toll on you. Before you know it you're ready to jump in, you've finally thrown in the towel. That's about the time we run out of buyers and the top is in.
Cattman
TSP Strategist
- Reaction score
- 4
Yeah -- that's because I got out at the end of June. Sorry about that. At least I warned you. If it's any conselation, I won't be jumping in any time soon. That would be guaranteed disaster.
I bailed last Thursday too. I'd be right on JTH's coattails if I had waited until today.
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