JTH's Account Talk

[JTH]

One of your alter-ego accounts went into the S Fund yesterday, that was a good move. Must have been watching a little.

Yea, that system ended May on the sidelines with no IFTs, so I had to attempt to get in under the monthly open and it worked out. This has been a tough year for me, which makes it hard to stay motivated, this increased workload has zapped what little mental energy I can muster. I'm spending maybe 10 minutes a day looking at charts and it just isn't enough for the time perspective I'm setup for. I'll have to figure out a way to get my head back in the game...

 

[Bquat]

Yea, that system ended May on the sidelines with no IFTs, so I had to attempt to get in under the monthly open and it worked out. This has been a tough year for me, which makes it hard to stay motivated, this increased workload has zapped what little mental energy I can muster. I'm spending maybe 10 minutes a day looking at charts and it just isn't enough for the time perspective I'm setup for. I'll have to figure out a way to get my head back in the game...

Not really a time for a little brain teaser then? I have Transports and AGG in Bear Flags. My theory is that Transports are following economic news and AGG interest news. So Transports will convert to a V bottom and AGG will continue down. Just my thought. Little longer term charts just for a little brain freeze buddy:

 

[Bquat]

Not really a time for a little brain teaser then? I have Transports and AGG in Bear Flags. My theory is that Transports are following economic news and AGG interest news. So Transports will convert to a V bottom and AGG will continue down. Just my thought. Little longer term charts just for a little brain freeze buddy:

Both are staying bearish.:blink:

 

[airlift]

JTH, we haven't heard from you in a long time. Hope you are around. If you read this, what do you think of buying TZA for a couple of days?

 

[Mcqlives]

JTH, we haven't heard from you in a long time. Hope you are around. If you read this, what do you think of buying TZA for a couple of days?

+1!

 

[Bquat]

+2 Buddy

 

[Whipsaw]

+3!

 

[DreamboatAnnie]

+4 -where r ya???

 

[busybrwneyes]

+5 might be adding a few zero's to that number by week's end

 

[FogSailing]

+4!! Miss your charts and your discussion.

FS

 

[RealMoneyIssues]

+7

 

[JTH]

Sorry folks, my increased work load hasn't left me much motivation to track the markets. It all looks the same to me, in the end the markets go higher, but without much conviction, just a slow trickle up. We've roughly been in the same trading channel since March, but I would like to point out the Average Daily True Range (ATR) has been on a slow decline. The Bollinger bands are have been compressed, the price action appears to be drying up. Nothing too exciting going on until we get a ramp up in price conviction...

 

[Frixxxx]

Sorry folks, my increased work load hasn't left me much motivation to track the markets. It all looks the same to me, in the end the markets go higher, but without much conviction, just a slow trickle up. We've roughly been in the same trading channel since March, but I would like to point out the Average Daily True Range (ATR) has been on a slow decline. The Bollinger bands are have been compressed, the price action appears to be drying up. Nothing too exciting going on until we get a ramp up in price conviction...

HE LIVES! Thx for the update JTH, hope things settle down soon for you to come back a bit more often. You are missed!

 

[FogSailing]

Thanks JTH. Nice summary. So, when are prices going to go up?

FS

 

[exnavyew]

Charting a sluggish, but bullish, summer trend

Charting a sluggish, but bullish, summer trend - MarketWatch

 

[JTH]

Don't see these everyday, Tran triggers a Quadruple Bottom Breakdown. AGG & SPX went bearish this week too.

View attachment 34242

 

[Bquat]

Yes I know.

 

[RealMoneyIssues]

stocks AND bonds going down... that sux

 

[Bquat]

stocks AND bonds going down... that sux

Yeah, I still wonder if smart money is going to cash so they can jump into Greece to get free money if a deal is made.:suspicious:

 

[ravensfan]

Yeah, I still wonder if smart money is going to cash so they can jump into Greece to get free money if a deal is made.:suspicious:

And I wonder, still I wonder, who'll stop the pain?:twak: