JTH's Account Talk

Sort by newest Sort by date
MrJohnRoss said:
This is exactly where I stand, and elected to stay invested, even though my system said get out. I would be stuck in the G Fund for the rest of the month, and unable to re-enter until May. Dumb rule to only have 2 IFT's a month. Perhaps I should have done a clester, and pulled 50% out.

In any event, if you look at how the market has behaved for the past year and a half, it's used the 50 DMA as a springboard to higher prices. The 50 day has been an excellent buying opportunity. I know that won't last forever, "and maybe this time it's different", but I expect it to work, until it doesn't work. So the question now becomes... is this time different?

The markets will soon be telling us.
Click to expand...

This must be how Chicken Little felt every time the sky was falling. This market has been resilient beyond belief, one of these times I'm not going to believe it will pull back and that will be the time it does :D
 
JTH said:
This must be how Chicken Little felt every time the sky was falling. This market has been resilient beyond belief, one of these times I'm not going to believe it will pull back and that will be the time it does :D
Click to expand...

Well it reminds me of the South Park Episode where everyone is treating the economy like it's a punishing god that requires sacrifices to heal.
 
MrJohnRoss said:
This is exactly where I stand, and elected to stay invested, even though my system said get out. I would be stuck in the G Fund for the rest of the month, and unable to re-enter until May. Dumb rule to only have 2 IFT's a month. Perhaps I should have done a clester, and pulled 50% out.

In any event, if you look at how the market has behaved for the past year and a half, it's used the 50 DMA as a springboard to higher prices. The 50 day has been an excellent buying opportunity. I know that won't last forever, "and maybe this time it's different", but I expect it to work, until it doesn't work. So the question now becomes... is this time different?

The markets will soon be telling us.
Click to expand...

The 2 IFTs makes for interesting approaches, pushing being invested at the beginning of the mo. to have that extra move out and back in; it also forces looking on a longer time horizon. I like the logic behind Clester's 50% in Bull Market approach, it just seems to dampen gains. I've gone that route when on the fence, mostly when I think there is more downside (then I'm wrong and making half the gains).
 
MrJohnRoss said:
This is exactly where I stand, and elected to stay invested, even though my system said get out. I would be stuck in the G Fund for the rest of the month, and unable to re-enter until May. Dumb rule to only have 2 IFT's a month. Perhaps I should have done a clester, and pulled 50% out.

In any event, if you look at how the market has behaved for the past year and a half, it's used the 50 DMA as a springboard to higher prices. The 50 day has been an excellent buying opportunity. I know that won't last forever, "and maybe this time it's different", but I expect it to work, until it doesn't work. So the question now becomes... is this time different?

The markets will soon be telling us.
Click to expand...

No reason to think it will be any different this time, IMO. Like you said, expect it to work until it doesn't.
 
yeah...please do tell. I'm on business travel and will not be near a PC tomorrow...curious to know what side of the fence you will be on tomorrow at 1200 EST...
 
rspring said:
OK, JT thats enough drinking for tonight, lets hear what you think tomorrow will bring. Inquiring minds want to know.
Click to expand...

Buyers stepped in, putting in various tweezers-style candlestick patterns on the daily timeframe. This is usually indicative of a bottom and is confirmed with oversold readings on my hybrid indicators and the Bollinger Bands. Logic would tell us this is where buyers should step in and the markets should resume their uptrend.

Having said that, I will not be making an IFT this week and will project my next IFT will be on Monday of next week.
 
I'm guessing you think there will be a retest? Thanks for your insights. I find them interesting and valuable for everyone that follows your thred.
 
Every time I see a triple monitor setup it makes me wonder where me and my double monitor setup have gone wrong.
 
Frixxxx said:
E-cig guy, huh?
I see Juice and battery!
Click to expand...

Smoked cigs for 25 years, used the cigars to quit the cigs, then the E-Cigs to quit the cigars. I do still enjoy a cigar on occasion, especially if fishing :)

BichonFreeze said:
Every time I see a triple monitor setup it makes me wonder where me and my double monitor setup have gone wrong.
Click to expand...

I will never go back to a 2-monitor setup, the difference is huge! Having that 3rd monitor centered directly in front of you makes all the difference.

ILoveTDs said:
I don't work hard enough to justify more than one monitor
Click to expand...

I bought the setup for my college, so I could expedite things quickly,at least that's what I told wify :D

AircrewChief said:
Looks like an MVP, but it is hard to tell.
Click to expand...

Yeppers Itaste MVP 1st Gen, it's not my favorite, but it is very reliable. :)
 
JTH said:
Buyers stepped in, putting in various tweezers-style candlestick patterns on the daily timeframe. This is usually indicative of a bottom and is confirmed with oversold readings on my hybrid indicators and the Bollinger Bands. Logic would tell us this is where buyers should step in and the markets should resume their uptrend.

Having said that, I will not be making an IFT this week and will project my next IFT will be on Monday of next week.
Click to expand...

Sellers will step off this train at 1840
 
I'd get a triple monitor setup if I got back into hardcore PC gaming. However all I play now-days is Civ5.
 
Confucius says "he who has three monitors sees three times the crap on the internet". Okay, maybe that wasn't an exact quote............. :laugh:
 
You must log in or register to reply here.

Similar threads

tsptalk
  • Article Article
Is the market ready to explode, or has it come too far, too fast?
Replies
0
Views
248
tsptalk
tsptalk
tsptalk
  • Article Article
Bond yields putting the pressure on stocks -- holiday reversal?
Replies
0
Views
247
tsptalk
tsptalk
tsptalk
  • Article Article
TSP Talk - Something big was brewing, all right
Replies
1
Views
424
robo
robo
tsptalk
  • Article Article
The chasers are making money -- so far
Replies
0
Views
232
tsptalk
tsptalk
tsptalk
  • Article Article
Talk of a trade deal with China has stocks looking up
Replies
2
Views
492
nasa1974
nasa1974
Back
Top