berline
Member
Well...not that I agree or even disagree. I would think that if and just if an internet IPO were going to be successful, this would be the one.
-
Welcome to the TSP Talk Forums forums.
You are currently viewing our boards as a guest which gives you limited access to view most discussions and access our other features. By joining our free community you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content, join our AutoTracker, and access many other special features. Registration is simple and absolutely free so please, join our community today!
If you have any problems with the registration process or your account login, please contact us. -
Please read our AutoTracker policy on the IFT deadline and remaining active. Thanks!
-
$ - Premium Service Content (Info) | AutoTracker Monthly Winners | Is Gmail et al, Blocking Our emails?
Find us on: Facebook & X | Posting Copyrighted Material
-
20% Off Annual Premium Subscriptions!*
Ends Jan 18... Click Here For More Information
* For new or current subscribers -
Join the TSP Talk AutoTracker: How to Get Started | Login | Main AutoTracker Page
-
The Forum works well on MOBILE devices without an app: Just go to: https://forum.tsptalk.com ...
Or you can now use TapaTalk again!
SPN46er's Account Talk
- Thread starter SPN46er
- Start date
SPN46er
Member
One more reason why I think it may be even worse. So many people will be trying to jump on board and once the money is made it could drop like a rock, but who knows.
WorkFE
Well-known member
It's just like any other investment. You have long term and short term investment vehicles. Those that want to buy low and sell high, those that want to hold it as a dividend investment will do so. It's success or failure does not hinge on buy and sell investor. That is determined by its ability to be profitable.
SPN46er
Member
Ouch! US Dollar dropped out of the ascending channel. Orange lines are potential support levels. First one would be a gap fill from 11/12/11, second would be where the dollar found support on 11/11/11 and the last would be the top of the gap fill window for 10/31/11. That open gap down at the bottom outside of the channel is still remaining and it may get filled. This should give stocks a boost as they have been trading inversely to the dollar. Also I would watch for a double bottom if the gap gets filled.
SPN46er
Member
Two interesting charts showing supply vs. demand for SPX. Could be a telling sign that this long rally is finally running out of steam.
Charts can be found here http://chart.ly/k445o59 and here http://chart.ly/yvd3yw7. Credit: MeversusWallSt on StockTwits
Charts can be found here http://chart.ly/k445o59 and here http://chart.ly/yvd3yw7. Credit: MeversusWallSt on StockTwits
SPN46er
Member
FWIW: SPX longer term Sentiment Trend is heading up while shorter term Sentiment Wave is reversing down.
Chart: http://chart.ly/9aoruo5 Credit: IMR on StockTwits
Chart: http://chart.ly/9aoruo5 Credit: IMR on StockTwits
SPN46er
Member
What If This Is As Good As It Gets For The Stock Market?
http://seekingalpha.com/article/323851-what-if-this-is-as-good-as-it-gets-for-the-stock-market
http://seekingalpha.com/article/323851-what-if-this-is-as-good-as-it-gets-for-the-stock-market
SPN46er
Member
Here is a look at some Fibonacci retracement levels from the recent downtrend starting at 1333.47 - 1300.49 on the 5 min SPX chart
As you may well be able to see there was initially some sideways action at the .236 retracement level at 1308.27 which eventually broke out and tested the .362 retracement level at 1313.09. The SPX was able to end the day just below this level. If in the next few days we are able to get past the .618 level there is some potential we could see a fresh high.
One thing to take note of however, is that despite the rise off of today's lows the recovery was not seen across most sectors. Only technology and healthcare we able to outperform the S&P today. Financials were the hardest hit today and were unable to recover.
Graph provided by Google
I am currently sitting in cash and have no more IFTs until Wednesday. Although I was late to jump on board this rally this month I was able to pick up a decent 2-day 1.5% scalp in the I Fund. Luckily I was able to get out right at the top and forego the losses of the previous two trading days. I will be looking in early February to ease my way back into stocks when the time is right.
As you may well be able to see there was initially some sideways action at the .236 retracement level at 1308.27 which eventually broke out and tested the .362 retracement level at 1313.09. The SPX was able to end the day just below this level. If in the next few days we are able to get past the .618 level there is some potential we could see a fresh high.
One thing to take note of however, is that despite the rise off of today's lows the recovery was not seen across most sectors. Only technology and healthcare we able to outperform the S&P today. Financials were the hardest hit today and were unable to recover.
Graph provided by Google
I am currently sitting in cash and have no more IFTs until Wednesday. Although I was late to jump on board this rally this month I was able to pick up a decent 2-day 1.5% scalp in the I Fund. Luckily I was able to get out right at the top and forego the losses of the previous two trading days. I will be looking in early February to ease my way back into stocks when the time is right.
Mcqlives
Active member
Nice moves...now if only you can repeat 11 more times you will have a very nice return for the year! BTW, I think you can move tomorrow and it will take effect on Wed. Don't quote me on that as I always get that transfer rule mixed up.
RealMoneyIssues
Well-known member
1270 as a possible max down?
Bquat
Well-known member
I was thinking H&S too I had the ? on the right shoulder also. Was thinking it triggered yesterday but with the right shoulder top equal with the left shoulder today,I think this is it.
SPN46er
Member
That's funny right after I posted this I looked over on your forum and saw you had mentioned the same thing. Always good when your not seeing something alone!
SPN46er
Member
Updated supply and demand charts
Charts can be found at http://chart.ly/59f4uve and http://chart.ly/jfoadqe. Credit: MeversusWallSt on StockTwits
Charts can be found at http://chart.ly/59f4uve and http://chart.ly/jfoadqe. Credit: MeversusWallSt on StockTwits
RealMoneyIssues
Well-known member
uh, supply and demand... of what?
SPN46er
Member
uh, supply and demand... of what?
Oops sorry about that! SPX (S&P-500) :embarrest:
