Show-me Account Talk

[MrJohnRoss]

Re: UN warns world lacks food

6.93% YTD is not shabby but we are looking to play defense. The TRAN closed below the 50 dma and that is a big one. Seeing some of the open systems cashing out on the message board so go with what works. I'm thinking the exit is tomorrow.

Agree. The TRAN is in trouble, and without it, I'm afraid the market will have a hard time advancing. It looks like you'll be exiting along with Coolhand and the 7 Sentinel System, so you have good company.

Good luck Show-me!

 

[Show-me]

Pulling back to safety and USPS consolidation.

I think I will move out to a 75G/25S position today.

Sidebar: Sounds like the USPS is going to go ahead with mail processing consolidations because we have had no action from Congress. Sound familiar? My plant is having a stand up talk today at 0700 hrs, I will miss it but I know they will not reveal anything I don't already know because that is their MO. The Unions can not even get information and have to force them to give the required information through the labor board.

These changes are going to help crush the small business mail industry and you will see unemployment go up across the board. It might take a few months to feel but it is coming. Here is why, they plan to change the delivery standard so that they can take more time to deliver your mail that way they can use less people over a longer period of time to process that mail .Basically they are degrading the service/delivery standard to save money on processing labor. IMO we need to get rid of Saturday residential delivery, which is a unfunded mandate by Congress, and would save over $3 billion a year. Also, put a damn cluster box at the end of every rural route right next to the new paper delivery boxes. duh

 

[KevinD]

Re: Pulling back to safety and USPS consolidation.

USPS Mandatory Stand-Up Talk On Consolidations : PostalReporter News Blog

 

[Show-me]

Re: The trend is your friend!

Well, the TRAN is back and forth and can not confirm one way or the other. The S fund is still consolidating and the C fund keeps testing the 1370 ceiling. The more you test the better the chance you break through.

Glad I kept a small core position.

Good luck everyone.

 

[Show-me]

Re: The trend is your friend!

Also, the dollar looks very likely to bounce, pulling oil down and a hopefully the TRAN will lead the rally.

I would like another IFT please.

 

[mayday]

Re: The trend is your friend!

Also, the dollar looks very likely to bounce, pulling oil down and a hopefully the TRAN will lead the rally.

I would like another IFT please.

I would like to go back to the good old days when we could trade everyday.

 

[JamesE]

Re: The trend is your friend!

I can't wait for March to get here, it just looks like there's a ton of cash out there to keep this thing moving. I loose more money by running from the boogey man than just taking my lumps and riding it out. I'm up almost 4% ytd instead of 13%, so unless some volatility comes for swing trades, I'll be looking up at all the folks that rode this bad boy all year.

 

[Show-me]

Wow, S&P closed above 1370, but we need a confirmation. The TRAN is looking a little unstable and can not bounce off of the 200 sma. The EMW has a wicked flat top of 3 weeks going on 4.......................

 

[Show-me]

Not looking good

Not looking very good at this moment. Tran still below 50 small. Ems is struggling with 707. S&P need to confirm, but I think the investors and traders are growing weary.

 

[Show-me]

Autocorrect is kicking my butt on that last post.

No a very good showing today. No follow through.

 

[Show-me]

Tran and EMW are looking bad, bollinger bands are so narrow they don't have any room. Something big is about to happen. Both are below the 20 sma and that is a bit worrisome.

 

[nasa1974]

Tran and EMW are looking bad, bollinger bands are so narrow they don't have any room. Something big is about to happen. Both are below the 20 sma and that is a bit worrisome.

Looks like today is going to hurt.

 

[Show-me]

Re: UN warns world lacks food

Lets take a look at the charts.

The EMW and the FTSE have a extremely and I do mean EXTREMELY narrow bollinger band. I can't wait to see what happens. :nuts:

Bollinger BandWidth - ChartSchool - StockCharts.com





And the UGLY............. that sucker can not find it's legs.................

 

[Show-me]

The charts

The charts look wicked and like a confluence of different thing from all over are coming to a head.
1. TBT is making a rounded bottom and making higher lows but not higher highs. I bears watching.
2. UUP bounce nicely off of the 200 sma.
3. DAX is consolidating and/or testing the 20 dma. It is flattening out and pecking away at the 20.
4. FTSE is topping out and that narrow bollinger band is wicked. It has tested the 20 and now the lower BB is heading down. Flat top with consolidation and now we are breaking down.
5. TRAN, terrible, breaking down and pulling away from 50 sma.
6. EWM has a wicked narrow BB and is pulling away from the long consolidation. Lower lows.........bad.
7. SPX looks like nothing is wrong........................:blink:

 

[Show-me]

 

[MrJohnRoss]

Good charts, good comments. Thanks Show-me!

 

[Show-me]

Re: Don't fall in love with the downside and keep emotions out of it.

I think it is time to exit my position because it looks like a test of the 50 sma is probable. Capital preservation is the plan now. One IFT to safety will leave me one to buy back in at the 50 sma or if oil tanks and the TRANS rises. My buy would be a risk limiting buy of 55%. Also I have hedged my TSP account with UVXY, the lottery ticket of ETFs. Don't buy it if you have a weak heart.

 

[RealMoneyIssues]

Re: Don't fall in love with the downside and keep emotions out of it.

I think it is time to exit my position because it looks like a test of the 50 sma is probable. Capital preservation is the plan now. One IFT to safety will leave me one to buy back in at the 50 sma or if oil tanks and the TRANS rises. My buy would be a risk limiting buy of 55%. Also I have hedged my TSP account with UVXY, the lottery ticket of ETFs. Don't buy it if you have a weak heart.

I am in TVIX, it has given me heart palpitations too...

 

[Show-me]

About time!

 

[Show-me]

Chart stuff.

There are some interesting chart images below.

1. The USD is up against the upper BB and that gives a greater probability of a dollar pulling back to give the upper band a little respect.
2. The DAX plunged to the lower BB and I would expect a dead cat bounce.
3. The FTSE also plunged and violated the lower BB in a BIG WAY and 50 sma.
4. The EFA is the big picture, it gapped violently and found support at the.......................200 FREAK'N DAY SIMPLE MOVING AVERAGE, while violating the lower BB. :worried: :nuts:

Well, if I was a betting man I would put a little risk capital on a dead cat bounce or relief pop for the I fund because the dollar rallied hard and the FTSE and DAX plunged hard violating the boundaries of the BB and moving averages.