Whipsaw's Account Talk

[rangerray]

I’m like so many others in that I often move into C or S Fund too late or pull out too early.

It gives me mild anxiety.


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[Whipsaw]

I just noticed, I'm now a 'well known member.' What happened to 'Team TSP Galaxy,' or whatever it was? And all the cool stars and stuff?

 

[Whipsaw]

I'm seeing a double top on the daily and weekly charts. Thoughts?

 

[JTH]

I'm seeing a double top on the daily and weekly charts. Thoughts?

From the previous 63-Years, Feb pressed higher than Jan 57% of the time and closed high 54%.

So yea maybe those odds look better than 50%, but in my book SPX 54% on the monthly time-frame is the same as a coin toss.

 

[tsptalk]

I'm seeing a double top on the daily and weekly charts. Thoughts?

Maybe a triple top, which is usually less troubling than a double top, and we may have had the double top pullback already. However, it is at the top of a range so it may take a few knocks on the door, and seasonality is bearish this week.

 

[Whipsaw]

Still having problems with that 'exit at the top' thing... sticky pants on!

 

[Whipsaw]

Going back two years, there were two major lows - Nov '23 and Aug '24. Drawing a support line connected with yesterday's close, so we've blown through support. I'm considering a stop loss at this point.

 

[tsptalk]

Going back two years, there were two major lows - Nov '23 and Aug '24. Drawing a support line connected with yesterday's close, so we've blown through support. I'm considering a stop loss at this point.

 

[Whipsaw]

Stop loss effective 100% G COB

 

[Whipsaw]

DCB today?

 

[tsptalk]

dictionary.com

DCB
abbreviation for
Dame Commander of the Order of the Bath (a Brit title)

I'm guessing you meant something else. (I should probably know this one.)

 

[Whipsaw]

I'm guessing you meant something else. (I should probably know this one.)

Dead Cat Bounce

 

[Whipsaw]

Is there a prize for the lowest MTD return?

 

[Whipsaw]

How low can we go? Going out 4 years, monthly chart, there are two lows which put a support line at 5000 for SPX. The 100 day EMA is down around 4000. =:-o

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

SPX - S&P 500 Index Advanced Chart, Quote and financial news from the leading provider and award-winning BigCharts.com.

bigcharts.marketwatch.com

 

[Whipsaw]

I moved up 200 places on the AT yesterday.

 

[ravensfan]

I moved up 200 places on the AT yesterday.

Sometimes it's good to be on the lily pad...

 

[Whipsaw]

Today is the 4th dead cat bounce, assuming we continue down. Bumpy ride.

 

[Whipsaw]

Going out 4 years on a weekly chart, there are three lows that create a trend line that marries up with the 100 day EMA around the SPX 5200 level.

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

SPX - S&P 500 Index Advanced Chart, Quote and financial news from the leading provider and award-winning BigCharts.com.

bigcharts.marketwatch.com

 

[Whipsaw]

Bottoming action?

 

[Whipsaw]

Are we going to test the low or is this a bull flag?