JTH's Account Talk

Yesterday the Transports at 4045 have confirmed the DJIA highs, and the secondary trend is now decisively bullish. This train will not slow enough to stop at many stations.
 
Yesterday the Transports at 4045 have confirmed the DJIA highs, and the secondary trend is now decisively bullish. This train will not slow enough to stop at many stations.

Yes Ol friend I agree, the Transports caught up and confirmed. I don't know why it took so long to catch up, these things are beyond the scope of my knowledge, but I can say the charts don't lie. :)
 
IFT 100% S-Fund

I had planned on staying fully invested for November & December.
The timing is not ideal, but AGG is not getting a bid and trading in the same direction of the S&P 500. This has me concerned and I don't want to catch the bottom of AGG's trading channel.

I am the dumb money here and I know that, I'm chasing the top and I know that too. But I do believe S&P 500 @ 1200 is still in the cards. :rolleyes:
 
IFT 100% S-Fund

I had planned on staying fully invested for November & December.
The timing is not ideal, but AGG is not getting a bid and trading in the same direction of the S&P 500. This has me concerned and I don't want to catch the bottom of AGG's trading channel.

I am the dumb money here and I know that, I'm chasing the top and I know that too. But I do believe S&P 500 @ 1200 is still in the cards. :rolleyes:

JTH,

A move into the S fund appears to be the smart move. The S fund has out performed all funds so far YTD.
This is from my Excel speadsheet and all funds started with $100,000.00 at the beginning of 2009. These figures are the total YTD as of 10/14.09.

<1% 124,623.39
80,5,5,5,5 106,087.83
30,35,35 126,550.36
100% - C 119,663.45
100% - S 130,067.55
100% - I 128,936.23
 
IFT 100% S-Fund

I had planned on staying fully invested for November & December.
The timing is not ideal, but AGG is not getting a bid and trading in the same direction of the S&P 500. This has me concerned and I don't want to catch the bottom of AGG's trading channel.

I am the dumb money here and I know that, I'm chasing the top and I know that too. But I do believe S&P 500 @ 1200 is still in the cards. :rolleyes:

I wish the best for you my friend on your slip back into the market.:)
 
Thanks for the words of encouragement everyone. It would seem my entry into the S-Fund is ill-timed :embarrest:

But I have to look at the brighter side in that 1 down day a market does not make. I'll still be watching the indicators like a hawk, looking for any potential rollover.
 
Trader Fred had a buy signal for the AGG yesterday (to buy at yesterday's close). I see that it is down this morning, but yields are down also so the F-fund should be positive today if nothing changes by the close.
 
Sometimes when I switch between Stockcharts.com and freestockcharts.com, I see different results.

Amazingly enough we are trading right at the top of this trading channel. The default slow stochastics have just turned above 20. On the "Doom & Gloom" side I'd expect a 23.6% retracement to the 103.4656 pink line. However, the bollinger bands don't confirm anything lower than 104.11 The next swing low should give us a clear picture on what is going on here.

This is one of the reasons I'm "mixed" on bonds...
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The Transports have fallen just above the 61.80% retracement from the recent swing low/high :( We need to hold here... In additon, I realize this doesn't meet the technical specifications for a Head & Shoulders, but it did then the projected drop would take us below the previous swing low...
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My persicacity tells me the SPX pattern is about to change and for the better. Wouldn't it be special for the SPX to close at 1100 today.
 
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