rangerray's Account Talk

[rangerray]

Going to 100% G at COB today for the rest of the month (not much left anyway) and will wait for an opportune time in September to enter again. The VIX climbing with the C & S Funds seems a little unsettling to me, and I almost didn't notice, but I was alerted to that by way of an article on Marketwatch this morning. Regardless, if my 4% gain for the month holds, I'll consider August to have been a great month.

Happy trading!

 

[rangerray]

Is opportunity knocking? Anybody buying the dip today? A little over an hour to decide. :feedback:

 

[rangerray]

Last minute decision to buy the dip. Going in 20% S, 20% C, and 60% G.

 

[rangerray]

Going all in today on the current bounce and what seems to be positive vaccine news. Fingers crossed, as always. Using my second IFT of the month to go 50% C and 50% S.

 

[rangerray]

ahhh...she it. "U.S. benchmark stock index gains faded late Wednesday..."


The fed meeting..."gains were pared after Fed Chair Powell reiterated that the pandemic-induced economic downturn is “the most severe in our lifetime,”

Really? Why is the market so shaky concerning a statement that is NOT news. And, has literally been uttered thousands of times from all sources? At's as if HIS comments are making the pandemic worse in the eyes of the public. But, the pandemic is what it is! ;damnit

 

[rangerray]

OK. At 0846 hours on 17 SEP 2020 I can say this with certainty: we need some dip buyers ASAP!

 

[Whipsaw]

I think your call was heard! =:-O

 

[rangerray]

I'm having a slight case of buyers remorse from my buy-in on the 15th ;damnit I think this is the worst move I've made all year.

 

[rangerray]

Turnaround Tuesday seemed like a success and volume looked to have picked up towards the finish. Maybe that's a good indicator for tomorrow.

 

[rangerray]

Appears to be a boring morning so far.

 

[rangerray]

Turnaround Tuesday seemed like a success and volume looked to have picked up towards the finish. Maybe that's a good indicator for tomorrow.

It was NOT a good indicator.

 

[rangerray]

This market doesn't know where it wants to go.

 

[Whipsaw]

I'm wondering if we'll see a re-run of the run up to the 2016 election.

 

[tsptalk]

I'm wondering if we'll see a re-run of the run up to the 2016 election.

"run up", meaning the selling before the election in 2016? The rally came after.

 

[Whipsaw]

"run up", meaning the selling before the election in 2016? The rally came after.

Sorry! Correct, the action within the market as the election approached, which was down...

 

[rangerray]

If this little rise holds into midday, I may take at least 50% off the table.

 

[rangerray]

Liking what I see today, but still a little gun shy. I'm moving 60% to G and leaving 40% is S. I will hold here until I see what October brings.

 

[ravensfan]

Liking what I see today, but still a little gun shy. I'm moving 60% to G and leaving 40% is S. I will hold here until I see what October brings.

Tempted to take some off the table myself, but with only two trading days left in September, I want to be fully invested going into the new month and retain the ability for October to get out and back in as the situation warrants. Wish me luck!!!

 

[rangerray]

Is there a prize for the number of IFT's per year? I think I'm ahead at 32 moves this year.

 

[ravensfan]

amoeba has 49, so if this is your goal, you better get to work...:nuts:

Have a great weekend!