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sniper's Account Talk
- Thread starter sniper
- Start date
sniper
Active member
and that's when I'll be looking to get out, I always have a bad feeling when the overall sentiment is too positive haha.
NiteFlyer
Member
Yay! I am feeling much better after I had decided to move to I at COB on the 4th.
sniper
Active member
Good move! I fund actually looks pretty nice right now. I used to stay away from using the I fund but will actually start looking at that as an option from here on out (feeling more confident in my chart reading than the years past)
My system probably isn't as good as intrepid timer or contrarianjeff at picking the bottoms / tops (using the weekly charts), but as long as i'm moving in the direction of the trend I think it'll be a good one. I finally have a full year to test it on the autotracker and am looking forward to the rest of this year
MrJohnRoss
Well-known member
Oooh! Smacktalk! Hehehe. JK. :laugh:
sniper
Active member
nah that's not smack talk, birch is one of my favorite posters haha, he always cracks me up when he talks about bull manure and this and that, just getting into the spirit when im leaning bullish
SPY looks like it broke the bull flag pattern, big leg up tomorrow?
MrJohnRoss
Well-known member
Possibly, although J-Trader is going short, FWIW.
sniper
Active member
ballsy move, what is his holding period usually like? he more of a short-term trader or swing?
MrJohnRoss
Well-known member
Read all about his system here: J-Trader's Market Analysis
Disclaimer: I've traded a few of his trades, but never made a dime. Must be my bad luck, b/c his track record looks pretty good. :-/
Disclaimer: I've traded a few of his trades, but never made a dime. Must be my bad luck, b/c his track record looks pretty good. :-/
sniper
Active member
just bad luck, that happened to me several times (buying when another system was saying buy, and because they had a good track record) and I ended up on the short end. Surprised he's mentioning shorting the SPX, that chart is looking healthy right now and I wouldn't be trying to short it just yet. I usually wait for full stochs to get out of that 80-100 range because shorting when the market is in breakout mode is risky stuff.
NiteFlyer
Member
This was a lovely trading day. I even sat outside on a terrace to eat lunch in Washington. The sun was nice and warm; I played two hours of volleyball after work; worked out before work, and came home to see I am tied for third on the monthly autotracker! I may have even broken the $400K mark for the first time. If not, I'm within 1/2% of it.
NiteFlyer
Member
I don't think I want to be in a two-seat outhouse... seeing as how being in a 1-seat outhouse is bad enough! I once drew a picture of a 3-seat (3 tiered) outhouse that depicted our agency's management style. It all flows downhill you know.
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