MrJohnRoss' Account Talk

Here's one from way back, this is a super bearish signal where the chart gives its investors the finger before going belly under

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Anyone else waiting for PLUG to pull back? Every day it's the same old story... another 5-10% higher. It's gone from ~45 cents in Nov, all the way up to a high of 7.09 yesterday.

Had you invested $10K in Nov., your position would now be worth $157,555. Yowza.

I think a pullback is imminent, and when it does, I'll be looking for a nice buy point.
 
Because there's so much volatility in the NUGT/DUST system, I usually wait until close to report a switch because so much can happen intra-day. However, the move higher in the miners precipitate a call early.

System sells DUST @ $19.83. With a buy @ 19.88, the system lost a fraction, -0.3%.

System buys NUGT @ $49.90.

Good luck!
 
Just now getting a chance to post. System continues to hold NUGT and URTY.

Sold ZGNX for a -5.0% loss this morning. I have some ethical reasons why I wanted out of the stock. I also picked up some JNUG at 36.93 for a short term trade.
 
It looks to me like we're reaching a top very soon. Not expecting a bear market to ensue, but wouldn't be surprised to see a pullback that lasts a few weeks. We're not at the top yet, but I don't think we have much longer until we get there. Perhaps when the Transports reach a double top at 7591, or the Dow at 16,588. Staying long until then.
 
I've been holding on to ROSG forever. Had an overall negative return of over 60% ot 70%. Maybe even more..I stopped looking. It has done rather well in the last few days. I am only at -22.40% overall now. I was thinking, "should I buy some more on the next pullback and then sell my entire position when it goes back up or should I just get rid of it at a loss? WWMJRD? It's not that big of a loss since I don't have much invested. Just trying to streamline my portfolio by getting rid of stupid decisions made when I was just starting out.
 
It looks to me like we're reaching a top very soon. Not expecting a bear market to ensue, but wouldn't be surprised to see a pullback that lasts a few weeks. We're not at the top yet, but I don't think we have much longer until we get there. Perhaps when the Transports reach a double top at 7591, or the Dow at 16,588. Staying long until then.

I think the S fund has another move up, but yeah looks like a short/intermediate-term top might be nearing. Wouldn't surprise me since the market seems to be getting extremely bullish.
 
I've been holding on to ROSG forever. Had an overall negative return of over 60% ot 70%. Maybe even more..I stopped looking. It has done rather well in the last few days. I am only at -22.40% overall now. I was thinking, "should I buy some more on the next pullback and then sell my entire position when it goes back up or should I just get rid of it at a loss? WWMJRD? It's not that big of a loss since I don't have much invested. Just trying to streamline my portfolio by getting rid of stupid decisions made when I was just starting out.

So you bought it around $6.90? Wow, it sure took a big hit since then. For what it's worth, here's my opinion...

Looks to me like ROSG reached a long term bottom late last year, and big money is moving in. See the volume spikes on the big up days? It's had a huge run up since the Nov low of 2.35, and has climbed all the way to 5.64. That's a gain of 140% in a few months. Yowza. Looks to me like it's short term overbought, and due for a pull-back in the next few days, but longer term, I think you have a winner. Since you've been holding so long, what's another few months to potentially break even, or even make a little money on it. Draw a trend line under the recent up move from Nov, and only sell if it breaks the trend line (or buy some more if you're brave). :toung:
 
I think it was $7.27 after fees. I need some kind of system to keep an eye on things like your s2000 something system...I just can't be plugging in tickers one at a time...can't react in time. I may buy a little more...I'm crazy like that. That's what I did with PEIX and I'm so glad I did.
Thank you.
 
I think it was $7.27 after fees. I need some kind of system to keep an eye on things like your s2000 something system...I just can't be plugging in tickers one at a time...can't react in time. I may buy a little more...I'm crazy like that. That's what I did with PEIX and I'm so glad I did.
Thank you.

Lol, I wish. I don't have a s2000 system. It's all done by hand. I do have a StockCharts account, which allows me to make lists of charts to keep an eye on, but I still look at hundreds of charts every day.
 
Lol, I wish. I don't have a s2000 system. It's all done by hand. I do have a StockCharts account, which allows me to make lists of charts to keep an eye on, but I still look at hundreds of charts every day.

I looked back through your posts. You mentioned the TC2000 engine. That's what I was referring to.
 
I looked back through your posts. You mentioned the TC2000 engine. That's what I was referring to.

I don't recall exactly what I said about it, possilby wondering if anyone used it, and if they liked it? I think Jason (JTH) might use it.

Do you like it Jason? Will it recognize chart patterns like stoch and MACD buy signals?
 
I don't recall exactly what I said about it, possilby wondering if anyone used it, and if they liked it? I think Jason (JTH) might use it.

Do you like it Jason? Will it recognize chart patterns like stoch and MACD buy signals?

Oops. You are correct. It was on your thread but it was Jason that commented on using it. My bad. Perhaps I'm the one that needs to slow down on the drinks. :D
 
Markets are looking awfully toppy here. As sniper pointed out, one of the high flying ETF's (BIB) had a sell signal recently. CURE and TQQQ look like they may be next. Can URTY be far behind?

Systems remain long NUGT (+3.74%) and URTY (-0.17%).

My RNN position that I picked up last week is now up +20.53%, but the short term indicators are pointing lower. I may hang on to it through the next down wave, and just pick up more shares when it bottoms. I'm thinking it's got a long way to go, and I'd like to have a bundle of shares to cash in when the time is right.

For those of you who play the lottery, a word of advise... Stop wasting your money on that "one in a 100 million" shot, and instead put your money in a variety of good biotech start-ups with a bright future. Your odds are sooo much better.

Good luck to us!
 
...I need some kind of system to keep an eye on things like your s2000 something system...I just can't be plugging in tickers one at a time...can't react in time. I may buy a little more...I'm crazy like that. That's what I did with PEIX and I'm so glad I did.
Thank you.

Here's a chart of the type of setup I look for when buying a stock. Purchased some Scientific Games (SGMS) when I saw the big downturn start to lose momentum last month, and began to stabilize and turn higher. (I was a few days early, but it's difficult to get the exact bottom of the bowl). I also like to get confirmation of a new uptrend by watching the Stoch, RSI, and PPO turn higher. I squeezed the trigger at 13.53, and after a little consolidation, we began to see prices form higher highs and higher lows. So here we are about one month later, and my total return since purchase is a respectable +6.8%. If we can get back up to the 19 area again, I may walk away with a +40% gain. How long will it take to earn +40%? Well, it took about 4 months for the price drop from the 19 area to the 13 area, so I would expect the same time (4 months) to get that +40% return. A lot can happen between now and then, and the best laid plans don't always work as advertised, but that's what I'm looking at for this particular stock.

Hope that helps!


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