JTH's Account Talk

[WorkFE]

I zero'd in on the homegrown part and missed the other part of the question altogether.

Careful JP, there are some Law guys on here.

He meant pharmaceutical homegrown guys.

 

[JTH]

Fear is a great way to both make and lose money. I need to raise some more capital to make some purchases.

 

[Aviator_Guy]

Fear is a great way to both make and lose money. I need to raise some more capital to make some purchases.

I wish I had some extra money as I would be buying high quality stock. As far as the TSP, I went thru all of my IFT’s for this month and now stuck in the mattress fund (G Fund)... I wonder if its possible to sue the TSP for taking our IFT’s away?? I’m one of those evil 500 who were identified as frequent traders and damn proud of it...

 

[JTH]

I wonder if its possible to sue the TSP for taking our IFT’s away?? I’m one of those evil 500 who were identified as frequent traders and damn proud of it...

That was a pivotal moment in my life, realizing it's not my money if I can't direct it as I choose. I suppose I should thank Mr. Long (no not really I hate you) for showing me the truth. At least in the ROTH IRA I can take money out if needed.

 

[JTH]

I'd rather have a flat day than a weak bounce and thus far we have the latter. I'd like to see us finish strong at the close, if buyers step in within the last hour I'll be more optimistic.

 

[nasa1974]

I'd rather have a flat day than a weak bounce and thus far we have the latter. I'd like to see us finish strong at the close, if buyers step in within the last hour I'll be more optimistic.

Amen Brother.

 

[JTH]

Amen Brother.

We didn't get the close I was looking for, but hey beggers can't be choosers right? Here's more Positive Press to counteract the Debbie Downers in the forum. For the Transports, previous resistance has become support twice. An environmental disaster of Economic & Global proportions has failed to bring these markets down...

View attachment 10768

 

[KevinD]

An environmental disaster of Economic & Global proportions has failed to bring these markets down...

...yet.

I should sell right here so the rest of you fine folks can make some money. :blink:

 

[Birchtree]

I certainly enjoy that positive press - it's about time, I mean rocket time.

 

[KevinD]

Conductor, when you receive a fare,
Punch in the presence of the passenjare!
A blue trip slip for an eight-cent fare,
A buff trip slip for a six-cent fare,
A pink trip slip for a three-cent fare,
Punch in the presence of the passenjare!

Punch brothers! Punch with care!
Punch in the presence of the passenjare!

 

[Kaufmanrider]

I noticed you have entered what appear to be arrows in your MARCON box.

Does the direction the arrow is pointing the direction you think it will go? Or does it mean something else.

Thanks,

Kaufmanrider

 

[Cactus]

I noticed you have entered what appear to be arrows in your MARCON box.

Does the direction the arrow is pointing the direction you think it will go? Or does it mean something else.

Thanks,

Kaufmanrider

Looks like the arrows are in the box where the Fund was the previous week. Arrows indicate where it came from, I guess.

 

[JTH]

Looks like the arrows are in the box where the Fund was the previous week. Arrows indicate where it came from, I guess.

Yes you are correct, they serve to remind where we were the previous week. The system is still getting tweaked from time to time until I find what I believe works best. It was mostly a matter of saving space since I can only post 5 pictures in the blog.

 

[JTH]

More from the Positive Press Machine. I-Funders will be happy to notice UDN has clearly broken through its double top!

View attachment 10770

 

[JTH]

The close today will be important, telling us if traders are willing to fly blind over the weekend...

 

[JTH]

More PPM: Check out Friday's volume on the NYSE (New York Stock Exchange.)
View attachment 10784

 

[FAB1]

Are you talking about Plunge Protection? PPM.

If so thats not so good. Maybe not real bad, but not so good.

 

[KevinD]

More from the Positive Press Machine.

Come on man... How long you been doin this? :toung:

 

[JTH]

Come on man... How long you been doin this? :toung:

Thanks for picking that up Kevin, it's a tip of the hat to BT, only given from the technical perspective. .

 

[JTH]

I'm still cautiously optimistic, technical resistance has shown its cards across the indexes. We may get volatile here, establishing a short trading range. The bulls better not gloat too much...I did think long and hard about making an exit today, "not just yet" I thought to myself.