JTH's Account Talk

[JTH]

Congratulations, J, on post 1K!

Lady

Thank you My-Fair-Lady It's good to see you back, I haven't noticed you posting as much, I hope everything is going damm good for you!

IFT COB today 100% I-Fund

 

[JTH]

Do yourself a favor, don’t watch the news, or read the blogs, just look at the charts. The economy & the markets are two different animals and they can operate independent from each other for a period of time. This market loves Obama because he’s responsive to its needs. It’s called a reach-around and it has been working. Price pays…

 

[XL-entLady]

Do yourself a favor, don’t watch the news, or read the blogs, just look at the charts. ... Price pays…

Amen to that, J! I've been making a bit of coin with my ETFs by simply watching the 5 DMA-20 DMA crosses. I wasn't applying the same technique to my TSP (dumb) and it's been costing me. I've got to pay less attention to blogs and more attention to the tape!

One exception to my rule: your blog is excellent. Keep up the good work!

Lady

 

[JTH]

Amen to that, J! I've been making a bit of coin with my ETFs by simply watching the 5 DMA-20 DMA crosses. I wasn't applying the same technique to my TSP (dumb) and it's been costing me. I've got to pay less attention to blogs and more attention to the tape!

One exception to my rule: your blog is excellent. Keep up the good work!

Lady

Lol, thank you, we've both learned a lot, hopefully the newer members can learn from our mistakes. A blog is a great way to stay accountable to your positions.

 

[JTH]

We seem to be meeting resistance at the 20 MA on the 60min chart.

View attachment 6399

 

[JTH]

In case the Bears sitting on the sidelines haven't noticed, we put in a higher high today.

View attachment 6403

View attachment 6404

 

[Uptrend]

Yeah, but look at that spinning top on your candlestick chart for today. Looks like the bulls don't have complete control.

 

[JTH]

Yeah, but look at that spinning top on your candlestick chart for today. Looks like the bulls don't have complete control.

I love a good fight between the Bulls & Bears. :cheesy:

I agree on the spinner, but we opened higher and it's Friday. Obama needs to give the media whores something good to talk about this weekend, therfore I'd say the the bulls will win

Hey gimme a break (says Nel) this market stopped making sense after 666

 

[JTH]

I love Friday's Freaking Coffee, CNBC, and I go on leave for the rest of this month starting Monday!!!! :toung:

Bears, kiss my grits...

Gaped up this morning, then the bears filled the gap, we tested & turned 934 into support. 950 is still a tuff nut to crack...

View attachment 6405

 

[JTH]

I love watching price action, it puts the cream in my coffee.

What was once resistance may now be forming support.

5 minute chart

View attachment 6406

 

[CapeChem]

from banging your head to bumping your butt....beautiful

 

[JTH]

Good morning


Price action is holding up rather well this morning. I'll hold my positon for now but will likley IFT tonight, just before I leave for vacation.

Good luck!

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View attachment 6412

 

[JTH]

The rubber is meeting the road, I'm watching the 15 minute charts test the 200 MA.

View attachment 6413

 

[JTH]

Good morning

It was nice to take a few weeks off from the markets and relax. It sure doesn't look as if much happened while I was gone, except to say that this market has been range bound.

 

[tsptalk]

Welcome back JTH!

 

[CapeChem]

welcome back....I was wondering if you were on Vacation....anticipate gleaning from your posts and blogs

 

[KevinD]

It was nice to take a few weeks off from the markets and relax.

So, did you go anywhere? Do anything fun?

 

[JTH]

Thanks guys

As for my vacation, it was more of a series of compromising family events where we drove through Tex-Anna. Let me tell you it was bloody hot out there and I was more than glad to be back home. The entire family caught the flu, so the last half was a bummer.. :nuts:

For now, my stockcharts.com account expired and I'm waiting for it to be renewed. I'll try to take a fresh unbiased look at the markets tonight to get a feel for what's happening.

I really want to go 100% G today, to reset for the next month, but I don't want to miss out on the potential post holiday action.

Pre-Holiday Effect

 

[JTH]

Good morning


I love a morning that starts off with a opening GAP up, since it tends to end the day on a positive note. Although I'm tempted to bail to the sidelines, I don't want to use my first IFT falling back to G.

View attachment 6497

 

[WorkFE]

Positive note plus. I'm thinking this is going to end real good today and flat tomorrow going into the holiday which could also start a stampede selloff late tomorrow.