Whipsaw's Account Talk

[Whipsaw]

Looking for some follow through...

[h=1]Stocks rebound as investors eye trade headlines[/h]

https://www.marketwatch.com/story/u...-trade-headlines-2019-05-21?mod=mw_latestnews

 

[DreamboatAnnie]

Hi WS, Did you try $DWCPF? Sometimes that works. VXF is an ETF so not really sure that will match DWCPF precisely to give you the returns that usually match TSP.

 

[DreamboatAnnie]

ok... gosh $Dwcpf doesnt work either... bummer!

 

[Whipsaw]

Hi WS, Did you try $DWCPF? Sometimes that works. VXF is an ETF so not really sure that will match DWCPF precisely to give you the returns that usually match TSP.

Do you think VXF is close enough for chart analysis?

 

[userque]

Do you think VXF is close enough for chart analysis?

Yes. In my opinion. Here are the two superimposed onto each other.

 

[Whipsaw]

Thanks, usercuz!

 

[Whipsaw]

So much for follow through... futures are off.

 

[Whipsaw]

This just in!

[h=1]Chris Ciovacco - Rare bullish S&P 500 move that has occurred only 16 times in the past 70 years is flashing green[/h]

https://www.marketwatch.com/story/r...lashing-green-2019-05-22?mod=mw_theo_homepage

 

[Whipsaw]

Futures are down again. Thinking I should have bailed on strength the other day, hindsight being 20/20 and another example of my not trusting my instincts. Sticky pants deployed, maybe a holiday reversal in play?

 

[Whipsaw]

Futures are up :suspicious: , would be awesome if we put in a double bottom and head back up.

Wishing everyone an enjoyable Memorial Day, remembering those who gave their all for this great nation. :unitedstates:

 

[Whipsaw]

Futures are up, a little...

 

[Whipsaw]

So, buying the dip works, until it doesn't. There was allot of strength those two days, so I didn't even get that deep a buy. Then its now a correction, holding position. Not doing so hot the past 12 months. :-/

 

[Whipsaw]

Could be the rally I was looking for is beginning to materialize.

 

[Whipsaw]

Finally! Sticky pants paid off, so far. I still need another few percent to get back to where I got in. Jury is out on whether this will grow legs or will shortly peter out. I'm thinking another day or two follow through, beyond that who knows?

 

[ravensfan]

Finally! Sticky pants paid off, so far. I still need another few percent to get back to where I got in. Jury is out on whether this will grow legs or will shortly peter out. I'm thinking another day or two follow through, beyond that who knows?

Agreed, but for one day it sure felt good. Long way to go to get back to break even so a new case of sticky pants are in the wings, waiting to be deployed.

 

[DreamboatAnnie]

Glad to see that you and others are recovering some coin! It's very hard to stay in during a drop....our retirement money is a often a lifetime of savings.

Best wishes to you Whipsaw and to everyone out there*!! :smile:

 

[Whipsaw]

Thanks DBA! Should I stay or should I go now? I'm thinking we have more upside, not sure how much. Still have another IFT... Hmmmmmmmmm.

 

[DreamboatAnnie]

Thinking about it....I will probably exit or at least reduce exposure. I like the I fund and maybe a little C... dunno yet...

Thanks DBA! Should I stay or should I go now? I'm thinking we have more upside, not sure how much. Still have another IFT... Hmmmmmmmmm.

 

[Mcqlives]

Recommendation for those thinking of moves...run 1 year charts first. May give you a better feel. That said, I missed this recent pop so make your own opinions.

 

[ravensfan]

I gave serious consideration to running for safety today, but decided to hang in for one more day in anticipation of good news regarding Mexico negotiations and tomorrow's jobs report.

I dug myself a pretty deep hole in May, so an exit to safety to protect recent gains (lost 5.90% in May, gained back 2.71% as of COB yesterday) would seem to be a prudent move. Still, this trade will end negative, but it could have been a lot worse.

Taking a gamble and hoping it will pay off. Then again I'm not near the bottom of the Autotracker because I'm some kind of an investment genius...:nuts:

Good luck everyone!!!