Whipsaw's Account Talk

A similar pop occurred the early in July, looking at the S-fund chart; if this move 'rhymes' we could run up to the most recent high...

Dow Jones U.S. Completion Total Stock Market Index, XX:DWCPF Advanced Chart - (DJW) XX:DWCPF, Dow Jones U.S. Completion Total Stock Market Index Stock Price - BigCharts.com
I like tat the 20 crossed above the 50. Very nice! Would like to jump in now as looks like a nice set up. But will wait. Ugghhh.... :). I'll be crying later....:rolleyes:
 
Easier decision for me. I bought S on 8/24, will be up 2.5% or so by today, so I went 100% G and will wait for the next downturn to rebuy. Just glad I had a repeat of the high on 9/1, when I couldn't make an IFT due to other things going on.
 
Tom's commentary for 12 Sep is interesting regarding market performance on 9/11 and 9/12, so the buying opportunity may be Tuesday. Unfortunately I am on the road tomorrow and will not get an opportunity for a buy in, but that could be a good thing. So for the time being, I will hold my position on the lily pad. :rolleyes:

Good luck if you decide to take the plunge in the morning...:D
 
SSDave, nice gain! As you said RF, could be an 'exhale' this morning but futures are up. Looking closely at the open gaps, may see if the market moves to close before making a call. It seems action stopped at resistance yesterday... we'll have to see if it breaks through with any determination.
 
The hammer has morphed into an elongated doji at this point, patience... patience... (another example of the Noon deadline disadvantage)
 
It may have just been a high base with a hammer... not we're pushing into a double top, S-fund seems to have bounced off resistance near the last top. Would like to see that fairly large gap get filled...
 
Looks like a topping tail and significant downside action on the S-Fund and the C-Fund is heading south as well. Fill those gaps!!!
 
Looks like a topping tail and significant downside action on the S-Fund and the C-Fund is heading south as well. Fill those gaps!!!

I always liked shopping at "The Gap". :)

Tom Crowley has been advertising this for quite awhile on his market wrap-up.

092517a.gif
 
Soooo... I need to learn to better trust my instincts, what looked like a high base was likely a high base; of course I hesitated, was looking for downside and saw that too, and it kept climbing. I should have just stayed in till the Santa Rally like I had said. At any rate, I'm a little off my feed as my Dad passed away last week. Somewhat distracted with final arrangements and getting caught up at work the last few days. And THEN I can't get to the site... :-/ Right now it looks like we're at the top of a large upward channel ( I need to work on my charting ), holding on G for the time being, a threat to the tax cuts will likely give us the pullback we're looking for. How are we going to work the AT if we can't post our moves till after work???? Just a day late I guess, and a dollar short.
 
Whipsaw,

Sorry to hear of your dad passing away. My condolences and prayers for healing for you and your family.

As for the market, I got caught in the trap as well but I did you one better. Thinking last week was going to be down, I moved 25% into the F fund and wouldn't you know it, the F fund was down -0.10% for the week. So in reality you gained a little on me. Glad August and September are behind me now and ready to add some coin this 4th quarter...:D

P.S. Sucks that you will not be able to post your moves until after work. Gonna make it harder to play follow the leader...:(
 
Hello Whipsaw, I am so sorry to hear that your father passed away. Offering up prayers for you and your family and hoping that God will comfort you all. Wishing you peace.
 
Back
Top