JTH's Account Talk

[JTH]

Thanks JTH. I have lost more money trading against (outsmart) the trend than doing nothing at all.

Agreed, I "hope" this next cut is a bit less deep, we certainly don't need to go through another bear market...

 

[JTH]

JTH, Thank you for this valuable information! ( your post 8179)

Thank you, such a shame I wasn't advertising during the previous -11% decline. I wish I'd had the mental fortitude to stay tuned into the markets, for now I'm focused on moving overseas.

Should be geared up and ready to go back to war in December.

 

[DreamboatAnnie]

Thank you, such a shame I wasn't advertising during the previous -11% decline. I wish I'd had the mental fortitude to stay tuned into the markets, for now I'm focused on moving overseas.

Should be geared up and ready to go back to war in December.

Where wil you be going??

 

[JTH]

Europe

 

[JTH]

Good morning

It looks like we'll be finishing out the month on a sour note, for myself I can't wait to reload the IFTs, this "staying in thing" is killing me.

SPX has resistance at 1948's double top, with an 1881 price objective.



The downslide on WS4500 is a bit more pronounced than the other indexes.

 

[FAB1]

Looking 4 a "V" bottom with a brief touchdown on the old support for the dbl bottom and ZZOOM-UP for a short while so don't blink or you will miss the fun!

 

[Bquat]

Good morning

It looks like we'll be finishing out the month on a sour note, for myself I can't wait to reload the IFTs, this "staying in thing" is killing me.

SPX has resistance at 1948's double top, with an 1881 price objective.

So you don't have faith in the sideways consolidation? There's still a chance::suspicious:

 

[FAB1]

whatever happens Im locked into it until 12oclock tomorrow. LUNCH TIMEE!!

 

[rktect1]

I m all into this market today. Completely confident.

25% G fund
60% F fund
2% C fund
3% S fund
10% I fund

 

[JTH]

So you don't have faith in the sideways consolidation? There's still a chance::suspicious:

Have no idea where this is going, I only know we are in a downtrend, W4500 has pierced below its previous low, and the NASDAQ 100 ain't doing so great either.

 

[amoeba]

Looking 4 a "V" bottom with a brief touchdown on the old support for the dbl bottom and ZZOOM-UP for a short while so don't blink or you will miss the fun!

I disagree. I believe this old support will be easily and significantly broken; with no sanctuary until a clean 15% below the calendar year highs in the major averages (1,810 in the SPY; for example)

 

[FAB1]

I disagree. I believe this old support will be easily and significantly broken; with no sanctuary until a clean 15% below the calendar year highs in the major averages (1,810 in the SPY; for example)

15% yeah that's real science.

So far today...We aint hit old support yet, but technicals will be technicals and there IS a possibility of support / resistance.

 

[JTH]

The markets are going to do what the markets are going to do, the only thing I can do is react properly, as best I can.

1) Overhead, there's more resistance than support below

2) It will cost you 13 more boxes to see the Oct 2014 bottom, -13*.25% = -3.25%

3) SPX, W4500 and the Transports have all met their bearish price objectives

 

[burrocrat]

i'll see that 13 boxes and raise you 26.

i'm ridin' this sucker all the way to the bottom now, wheeee!

 

[law87]

i'll see that 13 boxes and raise you 26.

i'm ridin' this sucker all the way to the bottom now, wheeee!

never seen someone so happy losing money. Wanna throw some my way?

 

[burrocrat]

never seen someone so happy losing money. Wanna throw some my way?

it's too late to be happy or sad about losing money, the money is already lost. i would throw you some but mine is already in the pot. all in. if i fold, i lose for sure, if i hang in, maybe i catch on the river. the only way to lose is if you quit. if you keep trying, you will eventually have a win land on you.

 

[FAB1]

-3.25 is a high price to pay to "see" the bottom, up close and personal like.

I'll wait for the home video release.

 

[JTH]

Good morning

Both SPX & Tran have triggered a Low Pole Reversal (where the current column of Xs have regained more than half the previous column of Os). This is not a trend reversal, but it could be the beginning of one. In the meantime, the trend is still down.

I'm putting JTH-ALPAFS back into the C-Fund. While I do not have a buy signal, this system has triggered a partial buy based on something I call the 20 box rule and based on the IFT reset tomorrow.

 

[JTH]

Unusual close on Friday for AGG, both today's open & close were above the upper Bollinger Band

 

[shitepoke]

JTH- what's it mean O wise one...