Whipsaw's Account Talk

[Whipsaw]

There is too much going on and its interfering with my retirement fund improvement. :-/ Yesterday would have been a good day to deploy the 20% I have in G (Ala DBA)... today, maybe also; of course I missed the deadline. At any rate, there is talk of oversold conditions and the market taking a breather before the Santa Rally... Yellen squawking about interest rate hikes, is that so the market prices that in over the next month before it happens? Probably... We'll see what tomorrow brings.

 

[offroad]

Hi Whipsaw!! ..I did increase and reallocate some today.. So now in100%. 70S & 30C. Figures I am betting mre upside but liking S best....will see how this pans out! :smile:

Not doing autotracker updates any more Annie? Or would I not see that until tomorrow clicks in?

 

[Whipsaw]

Rally.. to... the.. close. :blink:

 

[Whipsaw]

Stocks look like 2011... need a little shake out and then rally to the end of the year.

http://www.cnbc.com/2015/11/04/for-stocks-it-looks-like-2011-all-over-again.html

 

[DreamboatAnnie]

Not doing autotracker updates any more Annie? Or would I not see that until tomorrow clicks in?

Hi , Yep...got call at work right after I processed IFT and posted..... so sad! I forgot!! But last night i updated AT and let Tom know. Since I subscribe to TSPTalkkPlus, he will update it. So...not sure if you didnt see it for that reason.

 

[DreamboatAnnie]

Hi , Yep...got call at work right after I processed IFT and posted..... so sad! I forgot!! But last night i updated AT and let Tom know. Since I subscribe to TSPTalkkPlus, he will update it. So...not sure if you didnt see it for that reason.

He updated t be effective COB yesterday, so my AT earnings ar correct. Do you subscribe the Plus service? Not sure if you can see my moves in trakcer if not subscribed to TSPTalkPlus. Also...just for record, I love the Plus information (charts and news /market analysis) with Sentiment signals given on Fridays, but I do not follow signals. I read a lot every day and review charts (weekly, monthy, daily) using several technical indcator.s best wishes to you in your inves!!!!! :smile:

 

[Whipsaw]

Gundlach saying the market won't like a rate hike, so, good news (jobs) is bad news again? That aside, markets are at the highs again, new buyers to keep it going are scarce, possibly time to step aside for a pullback?

Gundlach says the S&P 500 can

 

[airlift]

Gundlach saying the market won't like a rate hike, so, good news (jobs) is bad news again? That aside, markets are at the highs again, new buyers to keep it going are scarce, possibly time to step aside for a pullback?

Gundlach says the S&P 500 can

Whipsaw, the futures are down, so this may or may not indicate if the pullback will start today; but it might provide a buyable drop as a place to deploy more funds into stock funds or stocks.

 

[DreamboatAnnie]

Gundlach saying the market won't like a rate hike, so, good news (jobs) is bad news again? That aside, markets are at the highs again, new buyers to keep it going are scarce, possibly time to step aside for a pullback?

Gundlach says the S&P 500 can

Here is contraian view embedded in the Gundlch articlcle.
Rick Rieder: Bullish On US & Tech | ETF.com

So who knows. I do recall arecent articlee with charts showing GDP as key in showing when GDp hit lows markt goes down. Tht all considered, looking at charts alone..SPX is getting thin on MACD. Its a long uptrend so far + 20 days. IT should meander and drp some before another leg up. Considering reducing exposure in C funnd. Not sure on S fund. It's chart is inyoung upchannel. Will see!

 

[Whipsaw]

Futures just pointed straight down on the GOOD jobs report... :blink:

 

[Whipsaw]

Haven't the reactions to these rate hike scares historically been short lived?

 

[DreamboatAnnie]

Haven't the reactions to these rate hike scares historically been short lived?

Yes...I believe so. Its down now but maybe a late small rally to end day even? I may need to deploy sticky pants...mainly because any lessening of exposure or exit leaves me with no ability to reenter until December. Uggghhh....

Isn't last week of November and couple weeks into December typically weak before the Santa rally starts??? Is today an early drop, or just over reaction to possibility of rate hike in December?? I think it would be insane for Fed to increase rate when we are just starting to show some good news/recovery ...but thats just me. I tend to think they will not raise rates in December.

 

[offroad]

Hi , Yep...got call at work right after I processed IFT and posted..... so sad! I forgot!! But last night i updated AT and let Tom know. Since I subscribe to TSPTalkkPlus, he will update it. So...not sure if you didnt see it for that reason.

I also have TSPTalkPlus, but the only IFT I see for you is the one on the beginning of October when you went back into 100% G. Sure I am just being nitpicking, but thought all premium members can see all premium members IFT records, fi they want to. Guess I can wait a day or two and see if it ripples through the system accounting.

 

[DreamboatAnnie]

I also have TSPTalkPlus, but the only IFT I see for you is the one on the beginning of October when you went back into 100% G. Sure I am just being nitpicking, but thought all premium members can see all premium members IFT records, fi they want to. Guess I can wait a day or two and see if it ripples through the system accounting.

I think at one time you could see Premium service moves but they are obviously delayed. Tom, fixed my entry. It reflects it and I can see it as of yesterday morning. So you cannot rely on what you are seeing. You must ask folks for their moves in the Plus thread.

 

[Whipsaw]

So good news is bad news for the market, but for how long? Once the rate hike occurs, a new normal should be established, and with the economy improving, should re-establish a rising market. Hindsight being 2020, FWM made the call with his exit at the double top (I wish I could recognize these things!). Now my question is do I hold, put in the rest of what I have, or bail? Hitting the road this morning as the market heads south. I think there is a little more downside, but not enough to get out and back in again safely (I go by Whipsaw for a reason). So, I'm holding and will hopefully put in my other 20% near the next bottom, sometime this week? Happy Trading!

 

[airlift]

So good news is bad news for the market, but for how long? Once the rate hike occurs, a new normal should be established, and with the economy improving, should re-establish a rising market. Hindsight being 2020, FWM made the call with his exit at the double top (I wish I could recognize these things!). Now my question is do I hold, put in the rest of what I have, or bail? Hitting the road this morning as the market heads south. I think there is a little more downside, but not enough to get out and back in again safely (I go by Whipsaw for a reason). So, I'm holding and will hopefully put in my other 20% near the next bottom, sometime this week? Happy Trading!

Whipsaw, JTH noted that he doesn't see any dip buyers; but stating that SPX has a High Pole Warning, having retraced half of the previous downwave. Do you or any other member see the likelihood of further selling below the 20dma, such as 2040 or thereabouts? Tia.

 

[Whipsaw]

Tia, to be honest, I'm no good at technical analysis/charting... Haven't had time to work that in; I mainly depend upon everyone's analysis here, plus whatever I can glean from Marketwatch, CNBC, Yahoo Finance, etc. I hoped there would be a bottom, like, yesterday, but as of now we're still heading south. Could be today?

 

[FireWeatherMet]

Tia, to be honest, I'm no good at technical analysis/charting... Haven't had time to work that in; I mainly depend upon everyone's analysis here, plus whatever I can glean from Marketwatch, CNBC, Yahoo Finance, etc. I hoped there would be a bottom, like, yesterday, but as of now we're still heading south. Could be today?

A useful tool is Sentiment Survey. Watch for its voting mid-late week...and vote...the more people vote the more accurate it should be. When we go overly bullish...the strongest in several weeks, that's one of a few tools I use to exit. I can't give out the exact buy/sell ratio's here but they are available on Toms TSPTalk premium service. If you check my account talks I showed the whole year and (without giving away the buy/sell ratio's) you can see how bullish it got.

 

[DreamboatAnnie]

A useful tool is Sentiment Survey. Watch for its voting mid-late week...and vote...the more people vote the more accurate it should be. When we go overly bullish...the strongest in several weeks, that's one of a few tools I use to exit. I can't give out the exact buy/sell ratio's here but they are available on Toms TSPTalk premium service. If you check my account talks I showed the whole year and (without giving away the buy/sell ratio's) you can see how bullish it got.

yep...sentiment is definitely something to consider! May start to weigh that to some extent with my review of technical indicators. Havent yet figured how much to weight it in on decision making. Prices should bak off a bit but hoping its a shllow dip to jus the 18 day EMA....if it goes lower I may exit for rest of month. Yellin talks tomorrow!! OH boy...herewe go again....

 

[Whipsaw]

Asia is up, FWIW...