JTH's Account Talk

[JTH]

AGG flipped over to a buy on Friday but gave back over half the gains off the breakout.

 

[ravensfan]

IFT EoB Friday 100S

Nice call!

 

[JTH]

Rough cut revised price target. H&S estimate based off a measurement of the head to the neckline breakout, multiplied by a Fib of .618 gives us 2148



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2148 falls inline with my previous estimates (although the time factor was been pushed out substantially)

 

[JTH]

Nice call!

Thanks, it's good to get a win, even if it's a minor one. Much more work to be done here, but sometimes my best work is done from behind...

 

[JTH]

AGG flipped over to a buy on Friday but gave back over half the gains off the breakout.

As expected, AGG flips back over to a sell

 

[Bquat]

Yes AGG is looking bad. I think it bounced down off the 200 Day.:suspicious:

 

[JTH]

Yes AGG is looking bad. I think it bounced down off the 200 Day.:suspicious:

Not yet, but it's getting close to both the 200 SMA/EMA and at the bottom of the channel.




Tranny taking a hit today

 

[DreamboatAnnie]

Thank you for the great charts ...always insightful!! :smile:

 

[JTH]

AGG flips over to a buy while Tranny & NASDAQ 100 flip over to a sell.

 

[JTH]

Rough cut revised price target. H&S estimate based off a measurement of the head to the neckline breakout, multiplied by a Fib of .618 gives us 2148

Failed to reach the price objective and that was a conservative estimate.

 

[airlift]

Failed to reach the price objective and that was a conservative estimate.

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JTH, thanks for the charts. This reflects the reality check we have to think of. Since you have more experience with PnF, and I believe that you are in the S Fund, what is your best guess as to when the downside is coming (or has it begun already?). Tia.

 

[Dutchy]

Thanks for posting JTH. Are we on a SELL until we reclaim 2015 area of SPX ?? Thanks.

 

[JTH]

JTH, thanks for the charts. This reflects the reality check we have to think of. Since you have more experience with PnF, and I believe that you are in the S Fund, what is your best guess as to when the downside is coming (or has it begun already?). Tia.

I've not been a big fan of this market for 2015, it looks like we'll close the year flat, I'll take a look at the weekly stats when I get home and see what June has to offer.

 

[JTH]

Thanks for posting JTH. Are we on a SELL until we reclaim 2015 area of SPX ?? Thanks.

I've not been a big fan of this market for 2015, it looks like we'll close the year flat, I'll take a look at the weekly stats when I get home and see what June has to offer.

Statistically speaking June is a flat month, I'm not ready to sell this market, these choppy trading ranges have mostly drifted up, for the most part there hasn't been much conviction in either direction...

 

[JTH]

Thanks for posting JTH. Are we on a SELL until we reclaim 2015 area of SPX ?? Thanks.

With SPX & W4500 already on a buy, the NASDAQ 100 flips back over to a buy, leaving the Tranny as lone bearish index.

 

[Bquat]

You ok buddy?:worried:

 

[Geaux4it]

You ok buddy?:worried:

I don't know about JTH, but I'm glad I gave up drinking in the morning.

This market is very perplexing. Just checked my TSP account and it's ~ the same as it was when I looked at it a few weeks ago. Contributions are being scarfed up in this sideways action. Can't tuck away into the F-Fund either. Time to break out the socks under the mattress.

Where did my wife hide the Bailey's lol

-Geaux

 

[JTH]

Hi friends, I'm still here, just bogged down in school, work, and family. My eldest daughter graduates this week from high school!

As for the markets, I've not been spending much time with them, no charting, or stat crunching, it just looks like more of the same to me, lots of teasing...

4 of these 5 have recently gone bearish, but some of those trading ranges are tight

 

[ravensfan]

I don't know about JTH, but I'm glad I gave up drinking in the morning.

This market is very perplexing. Just checked my TSP account and it's ~ the same as it was when I looked at it a few weeks ago. Contributions are being scarfed up in this sideways action. Can't tuck away into the F-Fund either. Time to break out the socks under the mattress.

Where did my wife hide the Bailey's lol

-Geaux

Geaux,

I learned a while back to never ever look at my TSP balance after a down day. It's bad enough to see it on the charts or look at the percentage losses. It's like rubbing turpentine into an open wound. If you must look though, have the Baileys first!

 

[OBXTrader]

One of your alter-ego accounts went into the S Fund yesterday, that was a good move. Must have been watching a little.

I discovered reinvesting in declining markets is expensive. They didn't say that on the E-Trade commercials! I moved from lame L income this week to lamer L2020, hoping this was a bottom put in today. No sell-off at the close was good. My bonds, well they sting.

Hi friends, I'm still here, just bogged down in school, work, and family. My eldest daughter graduates this week from high school!

As for the markets, I've not been spending much time with them, no charting, or stat crunching, it just looks like more of the same to me, lots of teasing...

4 of these 5 have recently gone bearish, but some of those trading ranges are tight

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