JTH's Account Talk

[JTH]

Good morning

Monday morning AGG showed a substantial gap .66% down. Low and behold the data was wrong, they corrected it after the markets closed too bad we didn't get the pre-deadline memo. I've already given my thoughts on this market (see signature block) nothing has changed, so I'll just post a picture.

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[Kaufmanrider]

Good morning

Monday morning AGG showed a substantial gap .66% down. Low and behold the data was wrong, they corrected it after the markets closed too bad we didn't get the pre-deadline memo. I've already given my thoughts on this market (see signature block) nothing has changed, so I'll just post a picture.

<img src="http://www.tsptalk.com/mb/attachment.php?attachmentid=21369"/>

AGG paid a large end of year dividend and the share price was adjusted according at the open. As I don't think dividends effect our TSP are daily return was flat for the day.

 

[Cactus]

Thanks for the explanation, Kaufmanrider.

 

[JTH]

Good morning

This has been a disappointedly flat 5 days.

While prices have been slightly rising, the last high was put on Monday and since then we've essentially done nothing. I did think that the pump was pre-primed for a bounce today with a better-than-expected jobs report but the news was great and yet the bounce didn't materialize, so what are we supposed to think when this happens? As far as I can tell, the markets are pricing in the reality that we will go over the Fiscal Cliff and as of now, we the investor aren't willing to be invested over the weekend...

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[JTH]

Good morning

IFT 100S EOB Today.

Levels on the major indexes have broken out to the upside. This is not where I'd care to take an entry, but at the same time I'm not going to wait for a pullback that may/may not materialize, so I'm all in...

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[Birchtree]

Now how am I going to catch you? Sometimes I wish I was as prescient as Dr. Faustus.

 

[JTH]

Now how am I going to catch you? Sometimes I wish I was as prescient as Dr. Faustus.

You could still catch me today, either ways it will be very close, care for a game of chicken?

 

[JTH]

Good morning

Some irony here, I made my last IFT of the year, I'm back in stocks with the same exact returns as the S-Fund. The only difference, is I've been invested less than half the time. More importantly, I got My September Coffee cup from Tom, it's awesome, you should be jealous...


IMHO the S&P 500 is going to establish a higher range from 712-723.
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Also, the Transports, you must respect this chart!!! Today could be the first time we've had 2 closed above the red trendline, going back an incredible 17 months!!!
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[Cactus]

IMHO the S&P 500 is going to establish a higher range from 712-723

You meant the $EMW Wilshire 4500 Completion Index (S Fund), right?

P.S. I am jealous of your coffee mug.

 

[Birchtree]

I own several trains and train related companies - it looks like it's time to boost those positions. I believe coal exports are going to increase substantially to Asia - already iron ore exports are up in Australia and the Chinese and India need coal to fire their electricity demand.

 

[Birchtree]

Gotcha but not by much - now I need to quietly and gently pull away and pierce the top 50 rankings. Currently at #72.

 

[JTH]

Good morning

Sorry, I've been busy and haven't had anything of merit to post. For some time now I've been watching the rising wedge in AGG and over the last few days we've seen a substantial downslide. This type of action is great if your looking for confirmation of the upside in stocks.

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[Appatite]

MORE upside MORE upside.

 

[JTH]

This is where the money is made, the only thing worse than the fear of losing money is the fear of making money. Some folks think it's time for a pullback, I don't and neither do the statisticians, we have already laid the foundation to break through the previous year-to-date highs, all we need now, is you (the chaser) to jump in and take us to the next level.

Check out the 1 minute chart, the last 15 minutes surged through the day's resistance, buyers stepped in for tomorrow's action.

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[JTH]

I am really not caring for the recent behavior in this market, with the trigger of a bear flag, we appear to be in for a test of the 1412 swing low, if it doesn't hold, then ultimately we may break below the 1400 December low, if that happens we are not going to like it.

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[Birchtree]

Now that should scare the frost off of a few I funders.

 

[JTH]

Now that should scare the frost off of a few I funders.

Those I-Funders are a rebellious bunch, they go big or go home. I'm in, not because I want to be, but because it's where I should be. W4500 channel suggest we are due for a bounce, I need me some Fiscal resolution rumors...

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[JTH]

I am really not caring for the recent behavior in this market, with the trigger of a bear flag, we appear to be in for a test of the 1412 swing low, if it doesn't hold, then ultimately we may break below the 1400 December low, if that happens we are not going to like it.

With zero IFTs what's the point of being right if you can't do anything about it...

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[JTH]

SPX Hourly uptrend is now an outside trend.

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[JTH]

Ouch

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