Uptrend's Account Talk

[Steadygain]

What happened to holding out for that 52 mark gap?
"I" has been on a clear weekly down trend. Im waiting....maybe a %50 in soon if I get itchy finger. I wanna see a low 18 or possibly 17, then all in unless the weekly trend changes.

Hi Nate

Listen, I'm nothing like Uptrend -- and he's a million times smarter than me when it comes to a wide variety of factors that hold substantial credibility.

I don't see I Fund as on a clear Down Trend and in fact I'm going 100% in it today. There are other things I consider and perhaps the bulk of that is how I expect the population to act over a given period.

I'm not out for quick 'bounces' -- I've given that mentality up awhile back.

Uptrend -- sorry man -- didn't mean to highjack your thread.

 

[Nate]

7 day chart had lower highs & lower lows. Im on a buddys pc & at work so no screenshots to back it up at the moment. Alright, i'll bite. IFT 100% today.

 

[Uptrend]

EFA still in downtrend and gap today will be filled. CAUTION. BULL TRAP. SPX must close above 1206 to continue uptrend

 

[Warrenlm]

IT in his thread posted a sell today.

 

[crws]

IT in his thread posted a sell today.

posed a significant quandary....

 

[Nate]

Yeah, I can see it now that im home & on my own pc. My pc time is limited at work which just added impulse. I'll ride the rally & see where it peaks.
The lesson? -No, the rollercoaster is not fun with your eyes closed

 

[Uptrend]

A buy signal has been given for S C I. A shock and awe rally is underway.

 

[Birchtree]

I like it when you talk dirty.

 

[Uptrend]

Well I guess The small caps chart ($EMW) got past me, as the new uptrend in that part of the market started about a week ago. Live and learn. If I had only been watching! The two day wonder rally has now triggered a buy signal on SPX. It is a trend based signal. Buy, close you eyes and hold. If not in the market yet, wait for a 15-25 point pullback. Possible SPX target is 1290-1310 area, by January 20,2011. The turn date came up to 5 days early this time and threw me off guard, and am not sure why it happened that way, but that is markets.

Here is a theory: FEd POMO QE2 heavy duty buying schedule in the next several weeks, and european debt funding by various means, causes the USD to fall back to 50 sma wiping out 2 weeks of gains. Meanwhile equities gain.

 

[fcharles81]

Can u explain the Grab and Go on ur system? Thanks

 

[Uptrend]

Can u explain the Grab and Go on ur system? Thanks

It attemps to buy in on oversold conditions, and hold for short periods of time. Minimize market risk. Dec 1-3 would be a buy/sell example. I have been concentrating on the trend system right now, and have not been posting results for the Grab and Go trading strategy. I am still modifying it. Apologies.

I will began posting actual price gain/loss results in 2011 and buy sell points for the two systems.

 

[Uptrend]

TSPTrendline system sold out of C and I today. S fund still in buy status. Small caps are stronger, and took a small hit sor far. Lets see how far the dip goes. Next week will be light volume, and light volume almost always drifts up.

 

[Uptrend]

The market internals are weakening despite the up day. The S fund has now run to safety of G on the TSPTrendline system. Looks as if the santa rally has happened. So, IMO there is no safer place than G right now. Cant make money without any shorting options. Well, anyway I can do that myself; FAZ, SDS, QID, TWM Are you listening Thrift Board?

I have added the principles of trading on my sig lineKOD. It only took 3 years to learn! Hoping for a very prosperous 2011!

 

[Uptrend]

Very cool site. Saw it referenced over on Traders Talk

http://twittersentiment.appspot.com/search?query=uup

Can get info on sentiment on most any ticker. I show UUP. Now the question is: shall we play this straight up or contrarian??? Well that depends......

 

[airlift]

Any opinion now that the Tax Bill and issues in The Congress have been approved? Has this been factored in, or wiill this catapult the Stock Market into a rally? Tia.

 

[Uptrend]

Airlift:
I think the tax bill is factored in, as the market looks ahead. I try not to look at too much other stuff, outside technical indicators.

 

[Uptrend]

System still on sell or hold in G. No changes. MERRY CHRISTMAS everyone!

 

[JamesE]

Uptrend, your "system" is negative 4.84% at #501. Even the G fund is +2.74% at #357... what gives???

 

[Uptrend]

A buy signal has been given for the F fund

 

[Uptrend]

F TRADE IS CANCELLED. HOLLD G. Will correct signature line