JTH's Account Talk

[JTH]

JTH, your timing on your exit a couple weeks ago doesn't look so bad now, and your re-entry (so far) looks good. Perhaps the saying should be "...horseshoes, hand grenades, and market timing". Perhaps you've brought some positivity to the S fund...I welcome that.

Thanks my friend, I have a great many tea leaves from which to guage the markets, it is a wonderful blend of art and science. I will admit I'm taking on more risk, than I'd advice within the intermediate timeframe.

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[JTH]

Good evening

Now holding #30 on the AT, #2 MTD, I'm not expecting to hold those numbers closing out the month, but it is enjoyable while it last. I'll be honest with you, I was not impressed with today's action, while the bleeding did stem, some of my tea leaves did not provide a shred of confirmation the damage is over.

30 Min: Transports displaying potential bear flag

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[rktect1]

Up is up.

 

[WorkFE]

Considering the extreme differences in each of your allocations I suspect it will become clearer in the next 2 closings. Good luck to both, although not really possible.

 

[JTH]

"Pay attention to what the bond market is doing, I think the bond market is the smartest of the markets and there's a reason it's going up" ~Dennis Gartman

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[JTH]

"Pay attention to what the bond market is doing, I think the bond market is the smartest of the markets and there's a reason it's going up" ~Dennis Gartman

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While I do watch AGG daily, I haven't been posting much with all the other action going on. AGG is back up to the key 110.80 both the area where a previous Head & Shoulders executed, and where the out-of-character spike candlestick occurred.

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[eccougar]

JTH, congrats on your timely moves and thanks for all the great information you post.

 

[JTH]

JTH, congrats on your timely moves and thanks for all the great information you post.

Thank you, it means a lot to see drop in.

 

[wavecoder]

you timed 2 moves perfectly one after the other. good job man!

 

[JTH]

Good morning

It would be very easy to take the gains off the table and walk away for the month a winner. But scalping is not my preference in a bull market, so I'll hold even though I still think we could see some more downside.

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[Birchtree]

Transports are rockin today acting like the leader - +169.

 

[JTH]

Agreed, it's impressive and not what I was expecting.

60 min: if we can get above the highlighted red zone, these markets should be ready for a 52 week high breakout.

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[JTH]

While I do watch AGG daily, I haven't been posting much with all the other action going on. AGG is back up to the key 110.80 both the area where a previous Head & Shoulders executed, and where the out-of-character spike candlestick occurred.

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True to form resistance does what resistance does, resist. AGG failed to get a 'confirmed' close over the 110.80 level. By confirmed I mean more than 1 candlestick, on the hourly charts 3 candlesticks is my preference.

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[JTH]

True to form, the transports hit key resistance at the bollinger band, and within the the rising yellow price channel. This is a prime example of how TA works, the good news it it did make a higher high, where the other indexes have yet to do this.

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[JTH]

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[RealMoneyIssues]

That was kinda contrarian...

 

[JTH]

That was kinda contrarian...

Meet Technical Analysis, the art of not picking sides...

 

[JTH]

Good evening

As of tonight, sitting #11 on the AT, #1 MTD, fully invested, with tomorrow's finish now in the market's hands. My thought are that tomorrow will be a flat day + or - .25% with a pop on Monday. Truth is (with volatility creeping in) I have no solid idea what the markets will do, I use lots of tools and right now they aren't aligned, some tea leaves lead me to believe this week's bottom is in, but the answer isn't finite. As for my strategy in March, I may make an exit mid 1st week, or late 3rd week, with a re-entry early in the 4th week. All of this is dependent on how the story unfolds.

 

[ebbnflow]

True to form, the transports hit key resistance at the bollinger band, and within the the rising yellow price channel. This is a prime example of how TA works, the good news it it did make a higher high, where the other indexes have yet to do this.

JTH, you used the same term "True to form" as I did in my comments yesterday. By any chance, do you happen to be an ebbchart subscriber? I know folks try to gather as much information about the market, so having the ebbchart in one's toolbox is a no-brainer to me (biased). But seriously, congrats on your well-timed moves.

 

[rktect1]

Somehow i got passed up

But at least my vanguard account is back up again, so...

no coffee cup for me. From first to third. If the market goes up today a bunch of buy and hold s funders will push me to about fifty.