JTH's Account Talk

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Market Summary: Bonds flipped to a sell, while Stocks mostly flipped over to a buy.

Analysis: Watch the transports, they are lagging, it is possible they aren't decoupling from oil. For the indexes, we are close to a major double top, past performance tells us we will push through. Also, get ready for next year and be sure to monitor the December Low Indicator

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Good morning

The Transports flipped over to a buy this morning.

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Yea, timing wise, it's not a great time to take on risk, but I have to jump in somewhere, now is as good a time as any.

You're getting in just in time for the Santa Claus rally.

You'd better not shout, you'd better not cry, you'd better not pout, I'm telling you why...
 
AGG just hit the bearish price objective of 109.49. Perhaps a bounce is due, tho it could be a dead cat.

Something just happened with AGG, looks like the price data was revised, the deep gap is gone, and the PnF appears to have revised the PO.
 
Something just happened with AGG, looks like the price data was revised, the deep gap is gone, and the PnF appears to have revised the PO.

I hate it when the data gets "revised" when there is a gap to be filled. Makes me wonder if the "fundamentals" are as sounds as people say. Reminds me of the false argument that ethanol is cheaper than regular gas and the resulting proof that it is only cheaper because it is granted all sorts of subsidies.
 
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To all my Family, Friends, & Foes, I wish you a very Merry Christmas. I love each and every one of you (some more than others) and wish you the very best, as we enter 2015.

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Good morning

I'll be out today, have to go do some man work, hopefully I meet criteria :)

Of SPX/R2K/AGG:

Last 11 Friday's the S&P 500 has the 2nd best winning ratio and the best total average returns.

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TSP's price performance shows the S-Fund is leading across the 5, 10, 20, & 60 day timeframes. Meanwhile, the C&S funds are neck-and-neck at just over 100% over the past 840 days.

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Wilshire 4500 shows range expansion as illustrated with 1 higher X trailed by 2 lower Os. The current column of Xs is 24 boxes or 6% high, which thus far is the 2nd largest X column of 2014. There's potential overhead resistance just .75% away, while the 1002 area displays both lateral & 45 degree support.

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