JTH's Account Talk

[Cactus]

... Except stocks were down last January and 2014 finished out rather nicely for the C Fund. The S Fund wasn't bad either.

 

[rktect1]

... Except stocks were down last January and 2014 finished out rather nicely for the C Fund. The S Fund wasn't bad either.

I see 2014 turned out well for you like it did for me.

fool me once, shame on you.

fool me twice, shame on me.

 

[JTH]

Had to re-draw the chart to reflect the lower levels. It does not surprise me that we re-tested the lows. Need the bottom red-yellow line to act as support and from there create a rising channel, will it happen? Hell if I know, but I will say this, with 10 of 12 days closing down, these markets have held up remarkably well.

View attachment 31998

 

[shitepoke]

JTH- why again is SPX 2000 such a big fight today. thanx again for your graphs- you and Bquat give above and beyond to the forums...

 

[ravensfan]

Let's hope thats a light at the end of the tunnel and not another train...

S&P closed up 10 of 11 days??? Looks like another train.

 

[JTH]

JTH- why again is SPX 2000 such a big fight today. thanx again for your graphs- you and Bquat give above and beyond to the forums...

There's a wide band of support & resistence from the Aug/Sep flat top

 

[JTH]

Latest Blog: PnF-Key Support Gets Tested

AGG

• Has triggered a Long Tail Up, indicating demand is outstripping supply
  
• Has the original Double Top Breakout signaled on 30 Dec, 12 days ago, since that time the F-Fund has gained 1.74%
  
• Has 2 higher Xs, and 1 higher O (uptrend)
• Has no overhead resistance

View attachment 32010
View attachment 32011

 

[JTH]

Latest Blog: PnF-Key Support Gets Tested

Wow, futures are down hard tonight and it's early...

View attachment 32013

 

[rktect1]

Wow, futures are down hard tonight and it's early...

View attachment 32013

I saw that too. Making me nervous about getting into the s fund tomorrow

 

[nnuut]

Wow, this might be a BIG one?

 

[jpcavin]

Another buying opportunity. As Birch would say "bring on the pain."

 

[RealMoneyIssues]

Wow, futures are down hard tonight and it's early...

Bounced off 1970 and are crawling, slowly, back up :nuts:

 

[WorkFE]

If I miss the bounce so be it. This action is not for the faint of heart and according to my doctor...........

 

[rktect1]

Bounced off 1970 and are crawling, slowly, back up :nuts:

And now slowly back down. Premarket this morning is still off. S$P down 10. Dow down 100

 

[rktect1]

If I miss the bounce so be it. This action is not for the faint of heart and according to my doctor...........

You need to be on meds like the rest of us. :nuts:

 

[WorkFE]

I am, Beer and pretzels.

 

[JTH]

AGG has an astonishing 91% winning ratio over the past 11 Fridays

View attachment 32017

 

[JTH]

Triple Bottom

View attachment 32018

 

[shitepoke]

What happens with a tripple bottom? Breakout to the upside?

 

[JTH]

What happens with a tripple bottom? Breakout to the upside?

JMHO, In the general sence, it shows this an area prices have visited mutliple times. A thrust from here provides us a strong floor of support, from which we either make new highes, or bounce back & forth within a set trading range. If the floor gets breached, then it's a strong sign that lower lows & lower highes will be seen in the future.