Whipsaw's Account Talk

[ravensfan]

Back to the concern, on this thread anyway, are we retesting the lows or not?!

I think it is still in play even though the C fund managed to eek out a gain of 0.58% today. I would have thought we would get a bigger bounce with the big drop on Wednesday but S and I funds were negative today which gives me hope. With that said, it might not happen this week or next, but eventually we get a re-test.

 

[Rod]

Back to the concern, on this thread anyway, are we retesting the lows or not?!

No one knows for certain. But, I do keep an eye on what this guy has to say about it:

https://www.youtube.com/watch?v=JY9ra_peIA8&feature=em-uploademail

 

[Whipsaw]

Futures are up big on a potential covid-19 treatment.

 

[Whipsaw]

Futures are down big on drop in oil... and I'm on the lily pad, finally... :nuts:

 

[ravensfan]

Futures are down big on drop in oil... and I'm on the lily pad, finally... :nuts:

Nice !!!

 

[Whipsaw]

Man, RF, even with the low open, its climbing!

 

[DreamboatAnnie]

This is just not making sense. How does oil drop more than half, and S fund, DWCPF heavy in energy not tanking???? I am baffled! Do they know something we don't? Is massive bailout coming to bail out the oil industry? There had been talk about that a couple weeks back...:scratchchin:

Man, RF, even with the low open, its climbing!

 

[tsptalk]

This is just not making sense. How does oil drop more than half, and S fund, DWCPF heavy in energy not tanking???? I am baffled! Do they know something we don't? Is massive bailout coming to bail out the oil industry? There had been talk about that a couple weeks back...:scratchchin:

There was a big rally in oil related stocks in the XLE on Friday despite oil being down sharply. It must just be some bargain hunting, not sure.

Friday:

 

[Whipsaw]

It seems there is an epic battle going on between the virus spread and associated fear, the impact to the economy, the fed pumping and relief bills...

 

[Whipsaw]

So, we continue to climb; does the re-opening have a greater influence than potentially bad earnings numbers? Still no sign that the lows will be tested.

 

[Beester15]

Maybe FOMO, maybe I am misreading the technicals but I held my breath and put 25% into C and 25 into S with 50 in F. Feel like I am gonna barf. LOL

 

[Whipsaw]

I've never been this low on the tracker

 

[Whipsaw]

Does 'sell in May and go away' apply now?

 

[DreamboatAnnie]

Whipsaw, If anyone can come back its you! I have seen you do it before, and I just smiled in awe! I know you can do it again.. Keep your Chin Up! :smile: (...and kick that market's A$$!!!!!)

Now as for sell in May and go away? I have no idea, but market is not acting as one would think. Also, starting to think that if we have a pull back, it may not be as deep. My only support for that is thought that we are opening back up...but will have more ups and downs. I am starting to think it would be good to wade in a bit...thinking about doing that today ir tomorrow, but of course have fear as market is above 80 on Stochastic, but it might be up there awhile...who knows? But I am leaning that way....ugh maybe tomorrow??? Best wishes to you always!:smile:

I've never been this low on the tracker

 

[Cactus]

I've never been this low on the tracker

I have -- 2008. Oh, wait. I wasn't here yet so that doesn't count, right?

 

[ravensfan]

I've never been this low on the tracker

March and April has certainly been brutal, to say the least...:smashfreakB:

 

[Whipsaw]

Had my finger on the trigger... didn't have a good feeling.

 

[DreamboatAnnie]

Yep...I feel ya. Not feeling too at ease with 50% equity buy in. Hoping today's drop will be it...will see....:dunno:

 

[ravensfan]

Had my finger on the trigger... didn't have a good feeling.

That's because you know the difference between when it's raining and someone is pi.....uh never mind. That's a horse of another color.:nuts:

 

[Whipsaw]

[h=1]Opinion: Stocks will revisit their coronavirus crash low, and here’s when to expect it [/h] Published: April 11, 2020 at 4:26 p.m. ET

https://www.marketwatch.com/story/s...to-expect-it-2020-04-09?mod=mw_more_headlines