JTH's Account Talk

[JTH]

I'm watching today's volume and the number of stocks above their 50, 150, & 200 day moving averages. I would like to see confirmation that we've put in a swing high & we are now headed for the next swing low.
I may buy stocks if we can bounce off of 940-950, other wise I'll stay in the F-Fund.

View attachment 6607

 

[JTH]

Perhaps it's a good day to be in stocks...

View attachment 6618

 

[JTH]

I’ve decided to exit the F-fund on the higher end of its trading channel.

For the F-Fund I believe there are better buying opportunities in the future.

For the C-Fund I’ll take a wait-and-see attitude. It could break up and turn the hammered top into support. But I still have my doubts because we have still not seen a 38.2% Fibonacci retracement from 07’s Peak to 09’s bottom. For the most part I happen to think UpTrend is right, and we will see a turn date this month around the 22nd.

View attachment 6660

 

[KevinD]

I'm grabbin on as you whiz past...

 

[Bullitt]

At what point do we look to start moving to F for a longer term move? I've never done good in the F Fund.

 

[JTH]

At what point do we look to start moving to F for a longer term move? I've never done good in the F Fund.

I know what you mean, when it comes to the short-term moves it's been hit and miss, but for now I'm a bit concerned about the rise in price coinciding with drop in volume. This is a good week to be in G (I hope)

View attachment 6678

 

[JTH]

Perhaps buyers will step in at some point, but who’s brave enough to step in under TSP’s conditions? I still have one IFT left, here’s to hoping I find an opportunity to use it wisely.

View attachment 6681

 

[JTH]

This could be the start of a new higher trading range for AGG. If we can turn these levels into support, than I may jump in, but for now I'll exercise some patience...

View attachment 6682

 

[JTH]

This could be the start of a new higher trading range for AGG. If we can turn these levels into support, than I may jump in, but for now I'll exercise some patience...

View attachment 6682

Incase nobody has noticed it, there has been a steady decline in AGG's volume, and that is the main reason I've chosen to take a "wait & see" approach.

 

[JTH]

Has anyone noticed AGG is trading in a higher range? Last time I checked AGG trades Inversely to $SPX about 2/3 of the time. If we expect this market to pull back, then this might bode well for AGG.

What do you think?

View attachment 6691

 

[tsptalk]

In general stocks and bonds move in opposite directions, but sometimes they both go up at the same time. That can be the case if there is too much money after too few investments. It could also happen when some investors are optimistic about the economy so they buy stocks, while others are pessimistic and buying bonds - that's likely what we are seeing now.

 

[JTH]

It's days like this I hold my head in shame while I watch a 4-day 40 point rally pass be by.

I suck at TSP, suck suck sucky sucky!!! I need a blind drunk monkey to help me mange my trades better... :toung:

 

[KevinD]

Can I borrow your blind drunk monkey?

 

[WorkFE]

I'm here JTH, what do you need.
You did ask for a blind drunk monkey.:laugh:

 

[Birchtree]

JTH,

I'd recommend a cockatiel and line the cage with your charts - where it drops would be a signal.

 

[Silverbird]

Tweet! I just left a big mess of seed hulls on the bottom of the cage to confuse you.:nuts: *squawk*

 

[KevinD]

Man. Tough crowd.

 

[Silverbird]

No, it's just if monkeys and cockatiels get invited, the trees start to shake.

Seriously, the professionals seem to be using a Ouija board lately with their predictions, so might as well invite the birds and the monkeys...

 

[JTH]

Went 100% F-fund EOB today

I've had a hard time getting a pullback, and with my luck if I did jump into stocks I'd get hammered with some downside action. So since I'm so gun shy I've decided to go back to the ol F-fund. As you can see, over the last week AGG has jumped into a higher more condensed trading range. I was hoping to get in at the bottom, but it didn't happen. This market is certifiable...

View attachment 6718

 

[JTH]

Wow, that is one impressive GAP down...

View attachment 6736