Whipsaw's Account Talk

[Whipsaw]

I'm seeing bull flag rising pennants on C and S daily charts... anyone else?

 

[nasa1974]

Weren't the TSP funds formerly in the AutoTracker? I seem to remember them being listed in a different color so they would be easy to spot.

I just looked the numbers are in red the username is not.

 

[Whipsaw]

I just looked the numbers are in red the username is not.

I'm looking at the Full Year Only chart and not seeing it, are you on another chart?

 

[rangerray]

I don't think theyre visible on the full-year-only chart.

 

[Whipsaw]

I don't think theyre visible on the full-year-only chart.

I found them on the 2020 Standings... I knew I saw them. I rank higher on the 'full year only'; but I am beating the S-Fund on the 2020 Standings!

 

[tsptalk]

I don't think theyre visible on the full-year-only chart.

I'll check on that.

 

[Whipsaw]

100% G COB... second leg down imminent? First days of the month have been bad... We shall see.

 

[Whipsaw]

Man, put in an IFT and BAM! Down it goes... Rejection at resistance, methinks. OK to test the lows, tomorrow.

 

[Whipsaw]

Futures are down 3+%, I'm happily on the lily pad...

 

[Whipsaw]

It's kind of cool to see my observations show up in Tom's Market Commentary. :cool2: Just sayin'

 

[ravensfan]

It's kind of cool to see my observations show up in Tom's Market Commentary. :cool2: Just sayin'

Definitely a "Kumbaya" moment.

 

[Whipsaw]

Futures were up until the jobless numbers came in, 6.4M. Now they're headed south.

 

[Rod]

Futures were up until the jobless numbers came in, 6.4M. Now they're headed south.

Cramer said not to trust them anyways because they were following oil.

 

[Whipsaw]

Wow, hate to miss a run like that yesterday, though I do have a position in my brokerage account (listen to me :cheesy. Looks like C broke through resistance, S had a better day but stopped at resistance. Hmmmm... Bquats chart looks like a huge bear flag.:worried:

 

[Whipsaw]

This article is 10 day old, but still makes good points.

https://www.briefing.com/the-big-picture

 

[ravensfan]

Wow, hate to miss a run like that yesterday, though I do have a position in my brokerage account (listen to me :cheesy. Looks like C broke through resistance, S had a better day but stopped at resistance. Hmmmm... Bquats chart looks like a huge bear flag.:worried:

I don't know which is worse. Being on the sidelines during a nice rally or being in equities during a huge drop. Either way, the feeling is still the same...:nuts:

 

[wahinepio]

This article is 10 day old, but still makes good points.

https://www.briefing.com/the-big-picture

the point that has me stumped re these 2 rallies is "Corporate earnings are going to get clobbered." Won't this in its self rip a new hole into the bottom of the market?

 

[Beester15]

the point that has me stumped re these 2 rallies is "Corporate earnings are going to get clobbered." Won't this in its self rip a new hole into the bottom of the market?

This is what I think/thought but I have also have had people tell me that the future earnings are already priced in the current market. Not sure how people can say that with any certainty.....

 

[Tsunami]

This is what I think/thought but I have also have had people tell me that the future earnings are already priced in the current market. Not sure how people can say that with any certainty.....

The guy from Morgan Stanley that was interviewed on CNBC late today made my jaw drop, I wanted to laugh but it was too outrageous to laugh...the interviewer kept pressing him on why he was saying the bottom is definitely in and stocks are a buy, and eventually he finally gave his answer...and with a straight face he said "yes, precisely, we have no idea what future earnings are going to be and that's why I want to take that risk! Stocks are a buy because nobody knows!!!". Uh, OK. OMG, why would anybody trust them with their money?

 

[Whipsaw]

The guy from Morgan Stanley that was interviewed on CNBC late today made my jaw drop, I wanted to laugh but it was too outrageous to laugh...the interviewer kept pressing him on why he was saying the bottom is definitely in and stocks are a buy, and eventually he finally gave his answer...and with a straight face he said "yes, precisely, we have no idea what future earnings are going to be and that's why I want to take that risk! Stocks are a buy because nobody knows!!!". Uh, OK. OMG, why would anybody trust them with their money?

Sounds to me like he got caught pushing an agenda, not providing insight into the Market.