wavecoder
Active member
no doubt. actually been having much more success following the weekly charts lately. easy to get faked out following dailies but the weekly charts / indicators are much more predictable
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sniper's Account Talk
- Thread starter wavecoder
- Start date
no doubt. actually been having much more success following the weekly charts lately. easy to get faked out following dailies but the weekly charts / indicators are much more predictable
wavecoder
Active member
This market is full of surprises. It seems like a broken record, every monday I'm like "This is gonna be a down week, and probably this friday is when I sell", then BOOM and I get no sell signal by Friday.
Hey I'm not complaining, ride this thing till the wheels fall off is what I say
Hey I'm not complaining, ride this thing till the wheels fall off is what I say
This market is full of surprises. It seems like a broken record, every monday I'm like "This is gonna be a down week, and probably this friday is when I sell", then BOOM and I get no sell signal by Friday.
Hey I'm not complaining, ride this thing till the wheels fall off is what I say
sniper you and your S FUNDERS are jamming the pipeline to the top. but thats okay those that are in are doing fine. somebody is going to get skerd eventually and go to the garage, but it wont be me heehee. good luck to all.
wavecoder
Active member
It's only a matter of time before the S fund is no longer at the top of the list, I hope to be off it before any major pullback / correction, we'll see. The purpose of being here is to test and see if my system is going to work, mainly designed to dodge major downswings like 2008 and 2011. TBH I might be off the S fund train soon depending what happens. I always wait till friday to see the weekly candles and determine whether I get a sell signal or not, it was dangerously close last week.
Holy crap, just looked at the recent IFT's and it looks like a lot of people jumped into stocks... They're beginning to believe?
JTH
Well-known member
I alwasy love it when there is a shakeup on the tracker, heros become zeros and zeros become heros. Most of my best Auto Tracker climbs were made off the descending misery of others, sad but true.
wavecoder
Active member
It will be an interesting year no doubt, and there's plenty of time for shakeups, 9 1/2 months left
This S fund activity can't keep up forever, it's impossible. Weekly stochastic reading last week was above 99, and it's still above 99 with a higher reading than last week. I haven't seen anything like this, and what goes up must come down.With that said, I do believe the S fund party will be over this week, or next. It was a fun rally to be in though
Autotracker positions are fun, but my goal is to reliably beat 2 systems - The Sentiment Survey and LMBF method. If I can't in 2-3 years, I'll likely adopt one of them.
JimmyJoe
Member
Last hour of the day. I see an uptick on the equity funds.
wavecoder
Active member
possibly. just that wedge and divergence is telling me the rally is unsustainable. may not be today but something's gotta give at some point.
I'm intermediate-long term bullish still, but the market can't go up every day.
JimmyJoe
Member
It will if the C and S fund feed off the I fund.
InsaneZane1
Member
My chart shows a consistent upward trend in the C-Fund, all the way to yesterday's prices. In fact, its current trend suggests it will overtake the L-2020 in share price very soon. It has never been as close to overtaking the L-2020 in the last 200 trading days (April 2012) as it is right now. I posted a chart to my thread last night that might change your mind a bit about the C.
rktect1
Member
something does have to give eventually. I'm just tired of the one doing the giving
MrJohnRoss
Well-known member
You anticipating a move, bro?
wavecoder
Active member
No idea, just keeping my eyes open for potential moves
But I'm not expecting a change of position for next week (of course that's assuming nothing changes from now till 15 mins before deadline tomorrow)I'm trying to stay disciplined with only making moves when I get the signals I'm waiting for. Been burned too many times making the move before it happened, anticipating something to happen & it doesn't materialize. Enough of that happening has taught me to be more patient.
Gotta live up to my name, right? Sniper trading, not machine gun trading
Bquat
Well-known member
Me too.
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