S Fund

[airlift]

Thank you Mayday!

Sponsor Looks like the calendar says Jan.31st at 8.30am Looks like GDP is sitting at 3 %

 

[Robo5555]

Seems like the market is starting to turn a lil bearish. Great long run with no real correction.
Thats what the heard is hearing....which might mean that is time to stay with stocks....and that the market is going to shoot straight up pass several resistance levels.

 

[nnuut]

Cramer said "it's time to sell Tech stocks, NOW" BOOYA!

 

[James48843]

We got the "O" move posted this morning.

See
http://stockcharts.com/def/servlet/SC.pnf?c=$EMW,P

The "O" is significant.

Looks like that shift over to "O"s was indeed significant- and shows very true to form. We got back the three "X"s, and now the drop may very well turn to "O"s again.

This repeats the pattern seen several times over the last couple years.

And what it means, if it holds up true to form, is that the "S" fund will be down in the weeks ahead.

I think I will bail out of my 50% "S" shares today, and shifting back into all "I" - as "I" is still looking strong.

 

[Birchtree]

I'm frankly surprised, but not terribly surprised that the small caps showed as much relative performance this week compared to the other asset classes. Perhaps they will continue to lead to the upside but 7 years of outperformance is stretching ones' good fortune. l'll watch a while longer, but I did like the show of strength, very healthy.

 

[mayday]

S fund looks a little high in the channel today.

 

[James48843]

Nice place to take some profits.

http://stockcharts.com/def/servlet/SC.pnf?c=$EMW,P

Point chart says we're up six units- that's up nicely.

The pause that refreshes must be just around the corner.

 

[Show-me]

S fund has had a excellent five day run. One more day is possible looking back at the chart, but not very likely. Jobs report will be the catalyst today and I would think some profit taking would be order. If not this afternoon then Monday. Then again........................:nuts:

http://stockcharts.com/h-sc/ui?s=$EMW&p=D&yr=0&mn=6&dy=0&id=p55694647946

 

[fedgolfer]

... yup, a very small bit of room in the VIX for another potential up day. Risky to put new money at work, I should have stayed 50/50 when trying to preserve capital. Buying the dips will probably beat the s&p like in the fall winter... that's kinda obvious. hopefully the channels in the indices won't be on such an extreme angle going forward. Not too fast, not too slow and we'll all make money for a longer period of time rather than if the market just took off.

 

[Show-me]

Make that six days. WoW!!!

 

[RIDDICK]

...please confirm....

....yes, we have you now... roger that Houston.... we have green, I repeat we have green.

 

[James48843]

If the point chart is correct on "S", then it looks like we'll get an "O" reversal today.

http://stockcharts.com/def/servlet/SC.pnf?c=$EMW,P

Sell signal.

 

[weatherweenie]

Looks like the S fund recouped the losses from Monday, and then some today.

 

[fedgolfer]

if S closes on the 10 day MA, could be a short term buying op. Anyone gonna play it today for Tuesaday?

 

[SkiUtah]

I'm in for 33%.

 

[Birchtree]

How's the temperature in by 33%.

 

[James48843]

More strength in the "S" fund.

Wow.

Round and round she goes. When she stops- nobody knows.

 

[mailmanusa]

Yeah the S is really kickin butt. Kickin my butt too. Its the only individual fund beating my trading performance so far this year. Bring on a Friday profit taking sell off so I can feel good about getting back in.

 

[James48843]

If the point chart is correct on "S", then it looks like we'll get an "O" reversal today.

http://stockcharts.com/def/servlet/SC.pnf?c=$EMW,P

Sell signal.

Looks like we are very, very close to getting the buy signal back here on the point chart.

We're about 625 right now. If that holds, then it equals the bottom of the point chart notes, and it looks good for a leveling out and a track back up again. But if it contines doward, then we've still got issues here.

I'm going to see what happens on Monday before deciding whether to move back in. The point chart here looks good, let's see if it holds.

 

[James48843]

Ooohh. Selloff resumes right at the end of the day.

More downside ahead.