Whipsaw's Account Talk

[Mapper]

The slide in stocks continues... shouldn't the F-Train be making some gains at this point? What's up with that?!

I'm definitely out of my league on this but I'd wager it has something to do with the zero lower bound on rates limiting upside pricing potential. At some point folks would rather just hold cash or some other low risk vehicle.

I think stocks, until today, were working off the oversold condition. We saw it plenty on the upside and now seeing it a bit on downside. Of course, nearly every time I open my month thinking I have any idea what is going on...Mr. Market shows me just how wrong I can be!

 

[Whipsaw]

The slide in stocks continues... shouldn't the F-Train be making some gains at this point? What's up with that?!

Think I had this same discussion a month ago with JTH. Try this:
Why Aren Just for you buddy.

“The most credible explanation is simply that the interest rate equity correlation is systematically inversely related to the level of interest rates.”

OF COURSE! :nuts:

 

[Mapper]

And then we have days like today....

 

[Whipsaw]

Uptrend calling a buy, considering a move here...

 

[Whipsaw]

Reposting DreaboatAnnie's chart links, these are pretty valuable... Thanks DBA!

Reposting Charts- Here are the daily and weekly charts. These links should automatically update. You can manually refresh by hitting the "Draw chart" button at left and select different time frames and indicators. This is a repost of post 559.

DAiLY CHARTS

These daily charts are set to show EMA 10, 20, 50 day averages, plus Bollinger bands, and both slow and fast Stochastics. I have a bookmark for each, click on links and it automatically pulls up the most current data ...these bigcharts update throughout day..so I also often use these to see what's happening intraday. I just reset timeframes to a two-day with 15 minute or hourly increments.

DWCPF- S fund tacks
Dow Jones U.S. Completion Total Stock Market Index, XXWCPF Advanced Chart - (DJW) XXWCPF, Dow Jones U.S. Completion Total Stock Market Index Stock Price - BigCharts.com

SPX - C fund
S&P 500 Index, SPX Advanced Chart - (SNC) SPX, S&P 500 Index Stock Price - BigCharts.com

EFA - I fund
iShares MSCI EAFE ETF, EFA Advanced Chart - (NAR) EFA, iShares MSCI EAFE ETF Stock Price - BigCharts.com

F Fund - AGG
iShares Core Total U.S. Bond Market ETF, AGG Advanced Chart - (NAR) AGG, iShares Core Total U.S. Bond Market ETF Stock Price - BigCharts.com



Here are the WEEKLY charts.
These have "weekly" EMA 10, 20, 50 plus BBs, MACD, and The Stochastics ( slow and fast). Looking at the 10 weekly average EMA and for crossover below the 20 weekly EMA....one indicator for possible trigger to pull out of market.

DWCPF - S Fund--- weekly EMA
Dow Jones U.S. Completion Total Stock Market Index, XXWCPF Advanced Chart - (DJW) XXWCPF, Dow Jones U.S. Completion Total Stock Market Index Stock Price - BigCharts.com

SPX - C Fund - Weekly EMAs

S&P 500 Index, SPX Advanced Chart - (SNC) SPX, S&P 500 Index Stock Price - BigCharts.com


EFA - I Fund - Weekly EMAs
iShares MSCI EAFE ETF, EFA Advanced Chart - (NAR) EFA, iShares MSCI EAFE ETF Stock Price - BigCharts.com

AGG - F Fund - Weekly EMA
iShares Core Total U.S. Bond Market ETF, AGG Advanced Chart - (NAR) AGG, iShares Core Total U.S. Bond Market ETF Stock Price - BigCharts.com

 

[Whipsaw]

I must be channeling FireGal, she jumped in yesterday w/a C/S/I spread...

 

[Whipsaw]

I must be channeling FireGal, she jumped in yesterday w/a C/S/I spread...

Moved in, 30C/40S/30I; Seasonality is good right now, we'll see what happens.

 

[burrocrat]

Moved in, 30C/40S/30I; Seasonality is good right now, we'll see what happens.

balls out. i respect the boldness of the move.

 

[Whipsaw]

Interesting read on Soros and his moves (bearish, conern over china?). Good article if only to see the vintage Farrari at the top of the page. Short term up, staying nimble...

Does George Soros know something we don’t about the S&P 500? - Need to Know - MarketWatch

 

[Whipsaw]

Ruh Roh! What just happened? :worried:

 

[Whipsaw]

#&%*@!! Ruskies!

 

[Whipsaw]

It may climb out... :suspicious:

 

[Mapper]

#&%*@!! Ruskies!

Definitely the obvious catalyst but this reaction seems to have a few more things baked into it. Seems like a lot of traders had their fingers on sell triggers. Time will tell.

 

[Whipsaw]

Definitely the obvious catalyst but this reaction seems to have a few more things baked into it. Seems like a lot of traders had their fingers on sell triggers. Time will tell.

Shortest trade of mine, ever. 1 day, sheesh. To the lilly pad till Sep. I want to hear that flushing sound! :blink: Now, of course, it will test the highs by the end of the month.

 

[Bquat]

Have to go out of pocket. Glad a few of my friends are safe now. Good to finally be on the right side of the news again.

 

[Whipsaw]

Mooo... I'm stuck in the pasture for the next two weeks -.- It is what it is :cheesy:, 0% for the day I was in S, what are the odds? Now for a good long look, maybe even skip a few days on the board. There might be a few up and down cycles, test of the highs, and then maybe, just maybe, a heatlhy correction to jump back in on. It is the worst three months, there are worse times to be on the sidelines.

 

[Birchtree]

In a bull market there is never a good time to be on the sidelines.

 

[JimmyJoe]

Still riding the F-Train... is today a reversal on this recent runup? Oversold, yet still overvalued... more downside maybe?

The problem with pulling out of a bull market is that most don't know when to pull the trigger to jump back in.

 

[Whipsaw]

The problem with pulling out of a bull market is that most don't know when to pull the trigger to jump back in.

How about 1 Sep! :nuts:

 

[Whipsaw]

Futures were green, pointing south... rolling over? Heads up...

http://finance.yahoo.com/news/stocks-at-new-highs--will-drop-follow-113727174.html