tsptalk's Market Talk

[Birchtree]

Young man, you will sh#t nickles the first day this market opens up +300 points - and I'll be there with my bucket to collect those nickles.

 

[wavecoder]

i swallowed a dime once when i was a kid, then when i took a crap the next day i saw something silver

 

[Bquat]

i swallowed a dime once when i was a kid, then when i took a crap the next day i saw something silver

You're giving away your age. If you swallow one now, you'll probably see to small pieces of foil.

 

[tsptalk]

The 50-day EMA is being tested now. Looks like it's going to be a big day - either a big reversal into the close or real ugly breakdown.

 

[coolhand]

The 50-day EMA is being tested now. Looks like it's going to be a big day - either a big reversal into the close or real ugly breakdown.

I've been anticipating we'd get to this point. A lot of stuff is rolling over now. Should be good for a reversal very soon. If not, it may be decision time.

 

[tsptalk]

The 50-day EMA is being tested now. Looks like it's going to be a big day - either a big reversal into the close or real ugly breakdown.

Well, the S&P left us hanging. No breakdown - no rebound. I hate when it closes on support. It usually means buyers weren't interested at that level, but you hate to sell there because ... well, it's supposed to be support.

 

[tsptalk]

The Transports need to hold here or else it looks like a big top...

 

[Birchtree]

I recently purchased some Road Runner Transportation Services (RRTS) at $28.18 - I will be buying even more soon now that pricing has come down.

 

[tsptalk]

SPY (S&P) had a nice run but now has to deal with the 50-day EMA.

SPY high today: 160.50
50-day EMA: 160.58

 

[tsptalk]

Source: SentimenTrader Home

 

[ebbnflow]

All green, all week, woohoo!

 

[wavecoder]

LMBF Method to G fund next month?

 

[tsptalk]

LMBF Method to G fund next month?

Looks like it, but I assume that will eventually be official in here... http://www.tsptalk.com/mb/longer-te...52-last-months-best-fund-method-strategy.html

 

[Sensei]

Futures are sky high now. Break out or fake out?

 

[nnuut]

Fake out

 

[RealMoneyIssues]

Futures are sky high now. Break out or fake out?

Fake out

Hope so...

 

[weatherweenie]

Futures are sky high now. Break out or fake out?

Looks like Friday's closing sell off was a Bear trap.

 

[jkenjohnson]

Looks like Friday's closing sell off was a Bear trap.

Yeah, and I got caught in it.

 

[tsptalk]

I'd say it's just a pre-holiday reversal, but this is a big move. 50 EMA was broke, but still there's resistance overhead.

 

[weatherweenie]

Yeah, and I got caught in it.

You and me both.

The only sliver of a positive, is that I'm not losing money in my TSP. Not making money either.