JTH's Account Talk

[RealMoneyIssues]

This from TWSJ: "A quiet U.S. economic recovery, with slow growth and low inflation, is fertile background for stock gains. Unemployment remains high, but as long as it doesn't hold back profits, it helps keep dpwn inflation, which in turn keeps interest rates low and provides support to stocks. A Fed program of bond buying would provide billions in new money for financial markets, which in the past has been very good news for stocks."

Which is good for the markets, but has nothing to do with the economy... good for you, sucks for the rest of us

 

[Birchtree]

Again from TWSJ: "Chief Economist Don Rissmiller of Strtegas Research Partners said that the U.S. economy, and housing in particular, remain weak enough that the Fed still should be preparing to launch a multibillion-dollar bond-buying program." Waiting...

 

[JTH]

Re: JTH Account Talk Thread.

Good morning

After a large pop, a pause day is to be expected and welcomed. Be it up or down, with 1 IFT left I'll sit here and wait for the next position to trigger. As always, stocks take priority over bonds.

Hourly Charts
View attachment 17476
View attachment 17477

Check out the trendline hovering over as resistance on this chart that shows the percentage of stocks on the NYSE trading above their 200 moving average.

View attachment 17478

 

[Birchtree]

Re: JTH Account Talk Thread.

We could easily break that glass ceiling this week - be in to win.

 

[Dutchy]

Re: JTH Account Talk Thread.

Nice exit JTH!! Thanks for the chart, very informative... I'm waiting for a much better entry point.

 

[JTH]

Re: Mojo'in

Then why in the world did the F fund finish at -.37%?

Looks like they made up the difference... .26%

 

[JTH]

Good morning

I have no idea how much longer higher this rally can go, nor would I care to place the top. Simply put, price is truth and the truth is price is going up. Now I imagine at some point in time the pullback/correction will begin and I also imagine it will catch more than half of us on the wrong side, this seems to be the usual doesn't it?

As has been the case, the charts appear overextended, but embedded, it is exciting to see how most of the channels are still intact...

SPX, Hourly
View attachment 17496

 

[LoDown]

I'm not conservative by any means, but I don't like to have my money in just waiting for the drop. Blows my mind that the top 50 in the tracker are still >75% S fund.

 

[RealMoneyIssues]

...I also imagine it will catch more than half of us on the wrong side, this seems to be the usual doesn't it?

That is how wealth is transferred from dumb money to smart money... just saying...

 

[Birchtree]

The rich get richer because they continue to do things that make them rich.

 

[MaStA]

The rich get richer because they continue to do things that make them rich.

Well in my case the poor is getting richer. :nuts:

 

[RealMoneyIssues]

The rich get richer because they continue to do things that make them rich.

That comment definately tells which side of the fence you are...

 

[Birchtree]

My money is up for risk and right now that is the correct strategy - I've been essentially long and buying all I can since the March '09 bottom. If we are in a Primary wave 3 there is plenty of blue sky ahead. The NYSE daily and weekly A/D lines are at all time highs this week - the bull stampede will pick up more hooves.

 

[JTH]

Re: JTH Account Talk Thread.

Nice exit JTH!! Thanks for the chart, very informative... I'm waiting for a much better entry point.

Thanks, I think we've both been waiting for that supposed better entry point to surface, only to be robbed of the joy and opportunity to jump in. But I will say that managing a small position is better (for me) than watching this rally float away. We'll get our pullback...eventually...

 

[Birchtree]

Re: JTH Account Talk Thread.

"We are overbought, and thus, a snap down could occur at any moment."

http://www.marketoracle.co.uk/Article33018.html

 

[JTH]

Re: JTH Account Talk Thread.

"We are overbought, and thus, a snap down could occur at any moment."

http://www.marketoracle.co.uk/Article33018.html

I know what you are doing, you are trying to ramp up the fear, to keep all the buyers from jumping in all at once.

 

[Happy_Trails]

Re: JTH Account Talk Thread.

I know what you are doing, you are trying to ramp up the fear, to keep all the buyers from jumping in all at once.

I think the only people out are a few of us here on TSPTalk.:laugh:

 

[JTH]

Re: JTH Account Talk Thread.

I think the only people out are a few of us here on TSPTalk.:laugh:

When the amoeba indicator gets triggered I'm cashing in my chips.

 

[JTH]

Good afternoon

On the Daily charts the Transportation index hasn't put in a higher high in 4 days and is testing a key trendline as we speak.
View attachment 17524

As for the Wilshire 4500, this has to be one of the best hourly channels I've seen.
View attachment 17525

 

[Warrenlm]

The rich get richer because they continue to do things that make them rich.

Then again, maybe the second four years will provide opportunities for "spreading the wealth around". http://www.nytimes.com/2012/02/08/opinion/the-zuckerberg-tax.html

"Zuckerberg Tax" and the "Buffett Rule" and the....