MrJohnRoss' Account Talk

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It's interesting that the market is all green with the VIX below 15. BT is more of an expert but the VIX above 20 and below 15 is generally not a good thing.
 
With key levels of DOW 13000, NASDAQ 3000 and the approaching S&P 1400. I would expect options traders are very wary of betting decisively against strong moves above resistance yet don't want to bet against the trend. This cautious behavior by options traders could drive a weak VIX.

Anyone know a good measure of options trader activity/volume?
 
This is one weird market...I feel like I want to be in and out at the same time and as we all know that isn't possible. Thankfully I can look at my TSP and say at least it is better off than it was on January 1st. In my short time of watching the stock market with you all this is the lowest I have seen the VIX. I haven't been watching the market very long though (a year or so).

The only thing I have invested currently is some measily stocks in AA and OCLR that I bought last year as a way to get my feet wet. I'm just holding on for the long with them since I only put about $500 total in them and AA is down a little bit since I bought it.

There could be a huge reward waiting for those invested and on the other hand there might be a big smack in the face waiting instead. I guess we shall see...
 
JR, you still on a solid sell? This action is tough to fight, but the VIX will most certainly come into play soon, imo.
 
Yes, my system is still in cash, but I wouldn't be too surprised to see it flip to a "buy" signal at the end of the day. That might suck, since it appears we may be in a topping process. Time will tell.
 
nasa1974 said:
Interesting. But do they have a plane that can deliver the payload?
Click to expand...

I believe they have F-15's and F-16's. Not sure about the bomb carrying capability of those aircraft, but I would assume they could carry bunker busters if the U.S. is saying they will supply them.
 
Someone asked what's the difference between going to the F Fund instead of the G Fund when going to cash. This graph should explain why...

agg.png
 
John,

Is there a new signal on your system yet? Looks like Uptrend just went to a buy for all funds except F. I'm just a bit worried to enter at these levels and would rather wait for a pull back, but it just doesn't seem to be happening. What I don't understand is just because a system triggers a buy one day doesn't mean the next day won't trigger a sell. With how our IFT's work at the COB you may be actually entering on a sell day instead of a buy day by the time the IFT is processed. Am I correct with assuming this?

Thanks!
Jared
 
MaStA said:
John,

Is there a new signal on your system yet? Looks like Uptrend just went to a buy for all funds except F. I'm just a bit worried to enter at these levels and would rather wait for a pull back, but it just doesn't seem to be happening. What I don't understand is just because a system triggers a buy one day doesn't mean the next day won't trigger a sell. With how our IFT's work at the COB you may be actually entering on a sell day instead of a buy day by the time the IFT is processed. Am I correct with assuming this?

Thanks!
Jared
Click to expand...

Hey Jared,

I hear ya. We got very close to a buy signal with my timing system, but it hasn't triggered yet. Like you, I fear that we may be reaching a market top, so I'm also hoping we don't get a buy signal right as we peak.

We'll just have to let the market play itself out, and let the system do it's work. The next few days will certainly be interesting...
 
MrJohnRoss said:
Hey Jared,

I fear that we may be reaching a market top, so I'm also hoping we don't get a buy signal right as we peak.
Click to expand...

That's what I'm concerned about too. There's no shortage of reasons why this market "should" be declining, but that doesn't mean it's ready to. It's not a comfortable situation for bulls or bears. I'm thinking we have to get past OPEX first, and even then I'm not sure we'll have "topped" yet. And if a buy is triggered near the peak, it will turn into a whipsaw. Risk is elevated for sure.
 
coolhand said:
That's what I'm concerned about too. There's no shortage of reasons why this market "should" be declining, but that doesn't mean it's ready to. It's not a comfortable situation for bulls or bears. I'm thinking we have to get past OPEX first, and even then I'm not sure we'll have "topped" yet. And if a buy is triggered near the peak, it will turn into a whipsaw. Risk is elevated for sure.
Click to expand...

Thanks Coolhand. And since you mentioned "whipsaw", I want you to go wash your mouth out with soap! LoL! :laugh:
 
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