JTH's Account Talk

[polarbear]

Brett Arends' article in MW about the sudden dearth of inside buyers underscores what one person here wrote: there now seems to be an ill wind. Goforit intends to get in, next month. After today, one wonders what the mkt will do tomorrow. Snap back? Was today a good day to get back in? Uptrend's idea that we are in a continuing b wave down for a bit, I think he's right. Maybe the mkt has already priced in most of the noise from Europe. Not sure what guidance is right now. Am in F, and expect a nice little pop today. I don't think you will be hurtin' too much if you get in early next month. I don't think you will miss out on much. It's not that long until then anyway.

 

[amoeba]

Re: WHEEEEEEEEEEEEEEEEEEEE - don't ya just luv roller-coasters?

bquat is on spot - IMO:

Additionally, low volume SELLING is not a good sign; buy and holders getting stiffed. I smell one of those blind-siding big days coming that nobody is anticipating.....a non-news whopper that comes out of no where.

Toldyaso. And it's not even friday yet. Doesn't do much for ya other than keeping your head above water, or, in my case....."only" negative 5%.

I wish I was as good at predicting when the market will go up rather than when it will tank.

 

[JTH]

Major trendline has been violated, this isn't for the faint of heart.

View attachment 15419

 

[FAB1]

Will we see automatic stops kick in today...hmmm?

 

[Dutchy]

Looks like next line of support is in 550 area, around Aug 1-15 lows? ??

 

[Appatite]

As long as it is going down I keep thinking to myself "Whoa, not so fast, I have 6 trading days left before I can buy back in October 1st."

Quarter ( 25 cents), says this thing breaks this months highs by October 1. I am usually ass out on any good deal. :laugh:

 

[Happy_Trails]

As long as it is going down I keep thinking to myself "Whoa, not so fast, I have 6 trading days left before I can buy back in October 1st."

Quarter ( 25 cents), says this thing breaks this months highs by October 1. I am usually ass out on any good deal. :laugh:

Don't know about the high but there should certainly be a decent bounce soon, at least that is what many are probably expecting.

 

[amoeba]

Don't know about the high but there should certainly be a decent bounce soon, at least that is what many are probably expecting.

Not what I'm hearing, or seeing, especially in the S-fund. And even if there is a pause/slight bounce (for which there is NO reason to expect, given the inevitability of complete European chaos in the next month), I bet it will be sold into with a vengeance.

In order for the bounce to happen now, the sellers are gonna have to take a day off - don't look like that's gonna happen.

 

[Birchtree]

The rumor is there may be some kind of bank intervention over the weekend when the IMF, EU, ECB meet in this country - Friday could see some serious short covering.

 

[Taller]

If the dollar goes up in value, is bond where we should be, F fund?

 

[FAB1]

Yields hits the skids today so I hoping we arent going to see that silly devaluing of the F fund today.

I have a dog in the fight!

 

[InvertedNyBot]

Looks like next line of support is in 550 area, around Aug 1-15 lows? ??

Yes, this lines up with Tom's $RUT bear flag breaking down...

for the $RUT (^RUT)
From highs of staff to lows of flag:
820 - 640 = 180

From highs of flag to a new staff low:
737 - 180 = 557

 

[InvertedNyBot]

oops, you are quoting the $EMW? that's going to
485

and finally the S-fund is going to
14.80 - 15.20

 

[JTH]

We shouldn't act too surprised here, bottoms get tested because the lows have to be confirmed as solid ground before an uptrend can take place. Should the lows hold, then we could see a rally of epic proportions. Should the lows fail to hold, it gets ugly. This is a classic setup.

View attachment 15433

 

[JTH]

IFT 100% S-Fund EOB today

 

[RealMoneyIssues]

IFT 100% S-Fund EOB today

Because you are assuming there is not more down side, or do you think there will be some upside for a few days?

Small caps are and will continue to take a beating.

 

[JTH]

Because you are assuming there is not more down side, or do you think there will be some upside for a few days?

Small caps are and will continue to take a beating.

I'm not making any assumptions about this market, just buying the S-Fund at a key level. If this level doesn't hold then it's going to hurt...

 

[Bquat]

IFT 100% S-Fund EOB today

You may be right with 549 as a double bottom, but I looking at the bottom of the previous channel as resistance. It's good to see you posting and I get a little bull feeling when you post.

 

[cak165]

IFT 100% S-Fund EOB today

You guys have balls, I'm going to see how next week unfolds. The Greece crisis and possible implications, even if it's an orderly default. I have a feeling we'll be seeing a "black" day in the next week or two, then it might be time to get in. It's tough to guess a bottom but I'd rather miss a small rally and wait for the dust to settle than be caught in the whirlwind of a incoming tsunami.

 

[JTH]

You guys have balls, I'm going to see how next week unfolds. The Greece crisis and possible implications, even if it's an orderly default. I have a feeling we'll be seeing a "black" day in the next week or two, then it might be time to get in. It's tough to guess a bottom but I'd rather miss a small rally and wait for the dust to settle than be caught in the whirlwind of a incoming tsunami.

Sometimes the best time to buy stocks is when things appear to be at their worst and fear is at an all time high. However, if your off by a few days it can make for a rough painful ride.