The Technicians Account Talk

[The_Technician]

Moving

made a move to the C fund for a day or so.....keeping the eyes open for the next drop.....

 

[vectorman]

made a move to the C fund for a day or so.....keeping the eyes open for the next drop.....

After all that doom and gloom talk, you are 100% ( all in ) the C fund.

 

[The_Technician]

Yeap...

even in a down draft you can still catch the birdie while flying up.....for a moment though....this is just a short venture

believe me when I say that I figure there is a 50-50 chance that some money may be made at this time.....but its no where above that....as a matter of fact, I would prefer to wait more but I thought I would take a short chance to make 1-2% right here...might make nothing....I'm trusting my new data at this point.....

The doom and gloom is indicative of the general direction in long term we should expect though, not for this short period of time I'm in,.........and we should be in a down trend....with all the world economics and political news, I still wouldn't count out my 10% drop ....

I hope that explains it to you ....

 

[vectorman]

Just thought I'll give you alittle ribbing, I hope we all do well tomorrow.

 

[The_Technician]

Ahhhh!!!!



Maybe I should have been in the I fund on Friday evening.....but gotta go get that buck............its bouncing today....

 

[The_Technician]

Time for a reversal...

My new data analysis suggest getting out .....Today I got out of the C fund, took the change, and went to the F fund...

I will be watching for a quick turn around here....I believe we could hit 1286 or so before a major turn down here....so I will be looking for a quick return to the C fund....

 

[The_Technician]

Well I sat out the last quarter being unsure of the market direction....things have been extremely high and may go higher, but playing sudden death isn't my kind of game....its even higher now and short term speculation could be in order if the timing is right....I could get a change of heart and start my daily trading anytime, but I have to get my ducks in a row to get it going.....

I was watching for a safe but fair return on the funds and have been looking at the F fund. After reviewing my data analysis, it seems to be again at a near term bottom..as in early Nov and last late March.....I figure it will probably level to gain for a couple of months and maybe go till June like last year outperforming the G fund again....but for how long this will last is a matter of further review....so I'm in the F fund again.....

Life is alot of fund......

 

[The_Technician]

Well I thought the F fund would give back a bit more than that....but good employment news reports last week stopped that .....not that I am advocating the good reports but I am expecting an F fund rebound substantially just as soon as it finds the bottom ...I lost a little, but took a chance with it, ....we will be seeing a better opportunity this summer...

In other things, the other funds seemed high last week (my reasoning for diving into the F) and should find some sort of temporary bottom this week....expecting a market drop coming up soon :embarrest: ......I have dates ranging from middle April to mid May (if we can just get through this month and next).....Iran, oil, gas...and others trying to take advantage of the US consumer are amongst us....so things will be touchy for a while....:blink:

Good Luck

 

[The_Technician]

Time for the F fund to pump a few percentage points coming up the next month.....

C fund is low and due some comeback, don't know how much but I'm willing to try it for a week maybe...then I might be looking elsewhere....betcha you're loving this eh Birchy......

 

[Birchtree]

Yes, please come on in. There are only a few folks here, so there is plenty of room to stretch. These wall flowers are all in need of one good investor - shop and stay awhile. Dollar cost average on the way up - it's not as much fun as doing it on the downside - but you can't have everything.

 

[The_Technician]

Can't stay in with it pausing like it is....moved out to the F fund....could be another mistake....

 

[The_Technician]

started to look like that again I'm a little early.....so I moved out....I still expect the F fund to be the play for the upcoming future....

 

[mlk_man]

Wanna see how full of it you are? Look at posts from Nov 20th and Nov 29th from last year: http://www.tsptalk.com/mb/showthread.php?t=1410&page=2

On the 20th, which was a Sunday, you said the S fund should drop 4-5% and maybe even 8%. The S fund closed Friday at $16.10.

On the 29th you pronounced "Well we are getting the drop I talked about last time....I'm looking for the S fund to return to positive territory sometime in the near future...More likely when the Wilshire 4500 gets into the 520's.....we should be getting some more negative returns until then and I expect before its over, we could see -10 to -12% down from its recent high last Friday..."

The S fund dropped that one day from $16.40 to $16.15. This was still up 5 cents from when you said we have the correction!! So sir, your proclamation of a 4-5% drop was BS.

 

[bkrownd]

Now now, MM, don't get too personal. Breathe deeply... "Its only numbers, its only numbers, its only numbers...."

 

[The_Technician]

Now now, MM, don't get too personal. Breathe deeply... "Its only numbers, its only numbers, its only numbers...."

Yes yes yes we can go way back and find alot of mistakes, U too have made alot of mistakes my friend, even in the last week.....even I have made a mistake of late, but it was a predicted very high risk trade........but things have changed and been corrected on my part... ...have or haven't you been comprehending of what you have been reading....its what has happen of late that is important......not to say I haven't been predicting it for a while, but it became more defined of late I must say if you haven't figured it out.....and of all things I did try to warn you guys......and of all things you didn't appreciate it then and you still don't appreciate it.....I really wonder what is going on over there in your corner when this happens.....it leaves alot to ponder on what is your slant on all this and the board.....

 

[bkrownd]

"Can't we all just get along?"

 

[Spaf]

Tech,
Generally, traders are never always right. In fact they are not even right half the time. The secret is putting a priority on capital preservation and keeping losses to the minimum. Then, the few times that you are right the profits can be maximized.

Hold em, fold em, walk away, or run!........ ............Spaf

 

[The_Technician]

Tech,
Generally, traders are never always right. In fact they are not even right half the time. The secret is putting a priority on capital preservation and keeping losses to the minimum. Then, the few times that you are right the profits can be maximized.

Hold em, fold em, walk away, or run!........ ............Spaf

Can't argue with that.....its the bs advice that comes from around the corner that you gotta watch out for, its out there and they are paid to mislead ya...........its better to be conservative than .........

 

[The_Technician]

Hey don't get me wrong with this move to the S fund today...its not an acknowledgement that things are getting better.....the move is just a momentary lapse of common sense at a chance of a high risk gain.......

 

[Birchtree]

I wish I had your money - I'd do the same thing. The question is how long will it take the R2K to get back to 780. And you know it will.