SPN46er's Account Talk

[SPN46er]

Hello everyone! I've been lurking around TSPTalk since early 2008 when I first started working as a civil servant for the Navy at NAS Patuxent River, MD. I decided it was about time to make one of these threads to contribute and continue to learn alongside the great community we have here at TSPTalk. Being that I am in my late 20s I am sure I am younger than most that post in these forums, however, I will be glad to contribute what I can as I work my way to retirement a ways down the road from now. I mostly like to follow technical analysis, but I also like to keep touch with current events and sentiments. Outside of the TSP I am also trying to educate myself with dividend reinvestment, options and various ETFs. Thanks for all who have contributed in the past and I am looking forward to hopefully being able to provide some value here in the future.

 

[RealMoneyIssues]

Welcome aboard and Good Luck !!

There is a ton to learn here and I am sure you will have plenty to contribute !

 

[JTH]

Long time lurker first time poster? Good to have you with us

 

[nasa1974]

Nice to see you started your own thread. Now instead of lurking you can have some real fun.

 

[crommie]

Welcome to the team! I look forward to reading your input. Late 20's...I sure wish that I started back then!
"Here's to the money in my hand and where it went" - Steve Forbert

 

[nnuut]

It' abot time SPN46er, good to have you with us.
Norman

 

[SPN46er]

 

[SPN46er]

 

[SPN46er]

Looking at the weekly S&P chart there seems to be a Head & Shoulders pattern that we are still working on forming. So far our last leg up is forming the right shoulder. The question is do we head up past the upper downward trendline or do we begin turning down. Should the latter be true and we complete the right shoulder pattern it could mean that the prices we are seeing today could be the highs for 2012. This sounds unlikely considering all the bullish news we are hearing about how 2012 will be a great year for the market.

 

[MaStA]

Thank you for joining in on the discussion and thank you already for your input with the charts! I enjoy seeing what others are saying and that helps me learn.

Welcome!

 

[SPN46er]

Thanks MaStA and everyone for the welcomes! Glad I can contribute something

 

[SPN46er]

Nice intraday pull back on the SPY from the 133.28 level. This level correlates to the high set back on Jul 21, 2011.

 

[SPN46er]

Bear flag formation on the 10-min SPY chart. Maybe further downside today?

 

[SPN46er]

IFT in for 80% G Fund - 20% I Fund -- Meager gain for January but I will take it. Still have 11 months of trading this year to go!

 

[Mcqlives]

Welcome as well! From your charts it looks like you may be a long term Daneric?

 

[SPN46er]

Thanks! Not sure who Daneric is, but I do enjoy the beauty of TA, especially when it works out in your favor!

 

[SPN46er]

Limited upside expected for EFA fund

http://finance.yahoo.com/news/Limited-upside-expected-EFA-optmonster-1552120816.html?x=0

Looks like an increase in call sellers in the options arena.

 

[SPN46er]

The intraday bear flag on the SPY chart I post earlier successfully broke to the downside. A second smaller bear flag began to form but the signal has was not confirmed as it seems the dip-buyers are stepping in. The S&P could end up in the green before the day is out.

 

[SPN46er]

Nope. Second bear flag confirmed and down we go...definitely gonna mix up the tracker today unless something drastic happens.

 

[Mcqlives]

Thanks! Not sure who Daneric is, but I do enjoy the beauty of TA, especially when it works out in your favor!

I tried doing an overly of your chart to his but I can't get the time to sync. Kind of interesting though...see the link if you want to check out his stuff.

http://danericselliottwaves.blogspot.com/