JTH's Account Talk

[JTH]

JTH,

your charts and and ideas are always good guidance. We haven't seen any updates of your views for a few days. It is refreshing to see your opinions on the direction and most likely performance of the markets. Can you please update your views as of late? Thank you.

Some unseen force is pulling the markets up, it took control of my better judgment and made me
go 100% C today when my gut said wait for a lower entry.

It could be..... Greed!

Sorry friends, I've been negligent this week, and I'll be out of town this weekend, plus going back to the states at the end of the month.

ESD is in the F-Fund and will stay there most of the month before going into the S-Fund.

ALPAFS is bearish across the SPX/W4500/TRAN/NDX indexes (TRAN is close to flipping over)

I'm looking at this as if it were a retracement bounce off a Head & Shoulders style pattern, meaning it looks to if we'll go lower. But we should also notice there hasn't been much of a surge in volume, so I'm not overly worried about this pullback (yet).

I may punch out today.

 

[JTH]

JTH IFT EoB Today, from 100S to 100F

 

[Whipsaw]

JTH IFT EoB Today, from 100S to 100F

Nice.

 

[FAB1]

Some unseen force is pulling the markets up, it took control of my better judgment and made me
go 100% C today when my gut said wait for a lower entry.

It could be..... Greed!

That was a two-day flop. Although not closed yet I do not expect to get my loss back today and have slunk back into the F fund with tail tucked.

But as I commented to the tracker (if anybody reads that) it was a good Training Exercise in better to lose an "IFT" than lose a few thousands (or worse) in one of those SnP famous downdrafts that suck you into the abyss of "I cant sell until I get my money back from "yesterday"...when "yesterday" equals several negative 2-3% killer sell off days.

So, I count myself "wise" rather than one who Chose Poorly. lol.

 

[JTH]

Looks like I'll be in the F-Fund until 26 May, from there I'll see what it looks like.

ALPAFS flipped SPX/NDX over to a buy, but I'm not trusting the signal because of the induced ramp-up in volatility.

 

[JTH]

Wow...

 

[JTH]

Triple Bottom Breakdown...

 

[JTH]

Make that two...

 

[ravensfan]

So with the Fed announcement today and the looks of the bond chart, are you still planning to stay in the F Fund until May 26th? What are your thoughts?

 

[JTH]

Sry for the late reply

Short answer, yes.

I don't care to burn an IFT when I'm not ready to go back into stocks.

If the H&S style pattern executes, then I'll be looking for the 1980-2004 area, to jump back in.

 

[ravensfan]

Ok thanks for the reply. As usual very insightful. My best course of action then is to stand pat with my current allocation of 50 G 50 F and wait for price to drop to the support level.

 

[JTH]

Wish I could be more engaged with the forum, but work has been very busy.

Took a 4-May entry into USO at 10.74 (currently at 11.75) it's the first position I've taken this year, and I think I'm just going to let it ride with the current .30 rising stop in place.

Otherwise, I'm looking to re-enter very soon...

Trading the Stats:*Week 21

 

[FireWeatherMet]

Triple Bottom Breakdown...

View attachment 38289

I hope you're right....have been patiently waiting for a pullback ever since I left C-Fund in March.
Sold when SP was around 2021(but still rising)...so I am trying to show discipline and wait for my price.

 

[JTH]

JTH IFT EoB today, from 100F to 100S

JTH-ESD IFT EoB today, from 100F to 100S

JTH-ALPAFS IFT EoB today, from 100G to 100S

 

[shitepoke]

JTH-
You had something you were going to do on the 26th?? What was it...
E

 

[JTH]

JTH-
You had something you were going to do on the 26th?? What was it...
E

That was a mid month projection where I planned to exit the F-Fund, but the timetable has shifted so I've made the entry today.

 

[JTH]

Quick drop in

JTH-ESD, IFT EoB today, from 100S to 100G

 

[jkenjohnson]

Quick drop in

JTH-ESD, IFT EoB today, from 100S to 100G

View attachment 38421

Why are you getting out today if you don't mind me asking?

 

[JTH]

Why are you getting out today if you don't mind me asking?

For myself, I'm still in the S-fund.

JTH-ESD finished last month in the S-fund, so it starts June in combo #2, which is scheduled to be in the G-fund tomorrow.

 

[JTH]

Good day

I'm back home in Europe, but I'll be out of town next week, so it will take some time to get caught up.

JTH is still in the S-Fund, ESD is in the G-Fund, and ALPAFS is in the S-Fund (All indexes green).

We are almost at the 2121 high I was looking for back in May, I'll be looking to side-step at the next opportunity.