SkyPilot's Account Talk

[SkyPilot]

Equities soft for the near term...

 

[Birchtree]

I'll be waiting

SkyPilot,

I'll be patiently waiting for the chastisement that will be delivered either by you or DogDaddy - but I just couldn't contain myself when perps start picking on my favorite C fund wallflower.

Anyway, welcome.

Dennis

 

[SkyPilot]

SkyPilot,

I'll be patiently waiting for the chastisement that will be delivered either by you or DogDaddy - but I just couldn't contain myself when perps start picking on my favorite C fund wallflower.

Anyway, welcome.

Dennis

Will give you a well deserved pass on this one ! What say you, Dogdaddy?

 

[Dogdaddy]

Why me??????

SkyPilot,

I'll be patiently waiting for the chastisement that will be delivered either by you or DogDaddy - but I just couldn't contain myself when perps start picking on my favorite C fund wallflower.

Anyway, welcome.

Dennis

Birch:
Don't quite understand why you're trying to drag me into your childish spat????? That's exactly why I don't choose to post here anymore....entirely too much non-productive BS going on !!!!
Regards/Nick

 

[SkyPilot]

Look for a little rebound tomorrow, but lower closings for equities through the end of the week.

 

[Birchtree]

Just a pun from a previous encounter

Nick,

I'm sorry I knocked on your door - sorry for the inconvience of mentioning an old soldier. Time does mellow. I was actually, in my own way, seeking repentance and possible redemption for my position of hostility from a respected redeemer. I guess I got what I was seeking. I apologize once again. You take care. Hooah!

Dennis

 

[SkyPilot]

Looks like a down open for the markets today. The question will be, are we eroding the support levels and preparing for a substantial consolidation, or is this just more range stuff. Anticipate staying in G for a couple more days.

 

[SkyPilot]

oooops

 

[mlk_man]

Welcome back Sky, knew I could coax you back.......

 

[SkyPilot]

Still G for now, but I am expecting a buy signal soon, maybe even today. However, I want to avoid getting bit by Whipsaw, the Market Monkey :nuts: .

 

[mlk_man]

Moved your thread to the proper forum.

M_M

 

[SkyPilot]

Moved your thread to the proper forum.

M_M

Ahhhh, that feels much better :blink: . Thanks!

 

[mlk_man]

Your welcome. DOn't know why I didn't catch it sooner............

 

[tsptalk]

Good luck SkyPilot!

 

[SkyPilot]

Luck and the Castanza principle. I now adhere to the example of Seinfeld's George Castanza. Do the opposite of my normal instincts, thus becoming my own contrarian indicator. Seems to be helping?

 

[SkyPilot]

Wish I had been in the last few days. Might as well jump in at the top and catch the ride down

 

[Spaf]

Wish I had been in the last few days. Might as well jump in at the top and catch the ride down

Sky, If not a bull trap (which I don't think it is), this should be a correct entry point.

I play by minimum risk and maximum capital preservation. To play a range bound market is risky! To play a breakout on the upside, once established, that's the name of the game. Just keep one one eye over your shoulder at the price of lube.

Rgds............ ............Spaf

 

[Birchtree]

What happens when we get a Primary Dow Theory confirmation - perhaps in less than another week? Do ticket and boarding passes go up in price - we can use the profit margin. One of our participants mentioned the term parabolic - absolutely scared the Allah right out of me - I'm nervous enough as it is. I'll settle for 60 degrees inclination - what about price momentum following the structure of least resistance? This should last weeks - a commentator said today that there 331 stocks in the SPX showing gains.

 

[SkyPilot]

What happens when we get a Primary Dow Theory confirmation - perhaps in less than another week? Do ticket and boarding passes go up in price - we can use the profit margin. One of our participants mentioned the term parabolic - absolutely scared the Allah right out of me - I'm nervous enough as it is. I'll settle for 60 degrees inclination - what about price momentum following the structure of least resistance? This should last weeks - a commentator said today that there 331 stocks in the SPX showing gains.

All in all, I am up close to 5% for the year so far. If I can at least keep the average going, I will get what I need. This stuff is so hard sometimes. Thanks for the encouragement!

Peace to all!

 

[SkyPilot]

Going to G fund due to altitude sickness. Small short term pullback likely. I will likely regret this decision. :blink: