Whipsaw's Account Talk

100% G COB, out of IFTs... Fresh look with fresh set next week.

With the dollar being up today, this won't set well with the I Fund. I was hoping to get in and out of the dragon's lair undetected and the arkenstone intact, but it appears that Smaug has awakened and I am about to get my tail feathers burnt...:(
 
With the dollar being up today, this won't set well with the I Fund. I was hoping to get in and out of the dragon's lair undetected and the arkenstone intact, but it appears that Smaug has awakened and I am about to get my tail feathers burnt...:(

I'm going to ride the coaster into early April and see what happens.
 
So I keep a number of databases and use them to spot trends. A recent weekly trend I am noticing with the S Fund is that it loses one week and the next week it gains, but the gain does not quite make up for the previous weeks loss. For instance, 2/20 thru 2/24 S Fund was minus 0.11%. The following week it was up only 0.07%. Then on 3/6 thru 3/10 it was down 1.68% for the week and last week only gained back 1.54%.

With that said, I am expecting the pattern to continue with another down week this week and a gain next week, but not quite enough to cover the loss. So I'm calling my shot until the market proves me wrong.

Good luck!!!

Hey Whipsaw, I just looked at the weeklies and last week the S fund was down 2.29% and so far this week it is up 1.79%. Looks like the pattern is continuing and if it holds, next week should be down...Hmm perhaps a good reason for me to get out completely.

Also, I was glad to see the I fund gave us a little gain today. I was worried it was going to be down with the dollar gaining today.
 
Hey Whipsaw, I just looked at the weeklies and last week the S fund was down 2.29% and so far this week it is up 1.79%. Looks like the pattern is continuing and if it holds, next week should be down...Hmm perhaps a good reason for me to get out completely.

Also, I was glad to see the I fund gave us a little gain today. I was worried it was going to be down with the dollar gaining today.

The positive number this morning was a surprise, I'll take it.:D Yesterday after the market closed I was expecting some negative numbers for my spreadsheet.

Good luck everybody.
 
Yes, liking the positive return in the I fund, my spreadsheet puts me back in the black, AT at -.77, 5 from the bottom. :-( Not sure what the disconnect is. At any rate, we're at resistance in a few places, tops of the channels, some lower highs on the charts. Possibly another leg down is due? Hey! Its Friday! :D Looking for a good spot to buy! :banana:
 
Well, I have read that price tends to fade on the last day of a quarter in the afternoon... after the cut off. So, now that I am recalling that, I may hold off for exit until next week. I guess if I missed exit and it drops more next week, I will just need to buy in more at the next drop. I am determined to not exit with a loss... not sure how much nail biting will go on ..... :rolleyes:
 
Well, futures are liking the jobs report... does this kick off a rally, and will it have legs?
 
Hi WS, I surely hope so!!!! Nice to see this POP! Woohooo.... :D
I believe you are in G fund right now...I am not sure how long this pop will last. I could jump in another 50% but I think I missed that opportunity yesterday. It was just to iffy to pull trigger.

I am thinking first part of month is going to better than last part, but I could be wrong. The debt ceiling, Part 1 of French elections happen towards the 24th but then again, First quarterly Earnings reports come out... so if those are good who knows what kind of skyrocket we might find ourselves on!!!! :laugh:

Best wishes to you and everyone!!!!!! :smile:
 
I keep staring at the higher lows, both C and S fund charts are hitting up against a descending resistance line... Nice pop today, right up to that line. Will have to watch the next couple of days... sort of a slow-mo correction occurring?
 
I keep staring at the higher lows, both C and S fund charts are hitting up against a descending resistance line... Nice pop today, right up to that line. Will have to watch the next couple of days... sort of a slow-mo correction occurring?

Hoping for a nice bounce in the "I" fund.
 
I keep staring at the higher lows, both C and S fund charts are hitting up against a descending resistance line... Nice pop today, right up to that line. Will have to watch the next couple of days... sort of a slow-mo correction occurring?

Well it would be nice if we busted through that resistance today and then I would feel better about adding to my position, but we really need to take out the March high of 2395.96 in the S&P and 1221.75 in DWCPF or I fear there may be further downside. Congress goes on Spring break tomorrow and a healthcare deal would go a long way in goosing this market. Just for ha ha's, EFA needs to take out 62.60 which occurred on 28 March.

Good luck in whatever decision you make today...:D
 
Hi WS, I surely hope so!!!! Nice to see this POP! Woohooo.... :D
I believe you are in G fund right now...I am not sure how long this pop will last. I could jump in another 50% but I think I missed that opportunity yesterday. It was just to iffy to pull trigger.

I am thinking first part of month is going to better than last part, but I could be wrong. The debt ceiling, Part 1 of French elections happen towards the 24th but then again, First quarterly Earnings reports come out... so if those are good who knows what kind of skyrocket we might find ourselves on!!!!

Best wishes to you and everyone!!!!!!
Buy high, sell higher!!

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