Whipsaw's Account Talk

RavensFan, sgtbriangreen, the above link should help out in decision making. I'm holding position.
 
Watching transport and Smallcaps...both showing strength even in weakeness. Hold here but volatility for entire month it is. If your in stay in...if not...entry in a few days from here. Feb 8-10 timeframe looks ok...however I will be dropping out sometime next week
 
I'm sticking in one more day. Risk losing gains last week but MACD and Slow Sto in sync upward. Actually not down too bad today... I will rolldice. If it breks down tomrrow in mornig I will exit. I am hoping for up day tomorrow!
 
Yeah, but now at the end of the day it's heading back up. I'll take it but what's up with that?
 
I hope we can climb out. I see MACD and Slow Sto still in sync, which is good, but it looks like it could top out quick as slow stochastic is close to 80.

I guess all in all I am just not comfortable with this market.

Also, I saw some charts that JPCavin posted links for. Kinda like market sector charts that show the long term secular bull market but with a breakout on some of the sectors that foretell business cycle and bear markets. I saw too much similarity with 2001 and 2008. Not saying we drop like a rock this month, but chart 101 is very interesting (at that link). Over several months just before the major drop there were very volatile swings up and down and so I am looking at that more closely. In any case, an indicator at that chart (bottom portion = ROC, which I have not studied before), caught my attention. At this time, that indicator looks very similar to what was seen in 2001 and 2008. Interesting thing is that this indicator was only present in that manner, at those levels, and during the timeframe just before the major drops. So while I am not taking this as gospel (and no one should), I am also not going to ignore it. Just considering it and taking it all in.

I am exiting today regardless of what is happening in market. I liked the upswing last week---even if I lose some today, I am out so I can pocket whatever goodies I got. I did say I just wanted a little bite. :D

Also, I probably will not go into F fund either. So I will have one more IFT to buy back in later this month for a very quick few days (in and out)!

Best Wishes to You and Everyone!!!!!!!!! :smile:

P.S. Hope I do not regret the exit, but Mr. Market has been pretty brutal this year and I expect that to continue. My only doubt for the exit is that the MACD and SS are in sync but again, looks like SS is getting ready to hit the top before it moves down. Also the Bollinger Bands are starting to contract, moving sideways, so there will be some choppiness. I will wait for the bands to contract completely and then show direction before entry... and hopefully we recover our footing. 50MA still below 100MA and 200 MA so its a downtrend and dangerous territory.

Oil dragging things down again, can we climb out again like yesterday?
 
We have arrived at the 1910 pivot, so if the market is going to recover today, it's now or down to 1868 pivot. If we fall below that, there is a lot of open space between there and 1812. 1750 is another potential bounce area.

FS
 
Hi FS: I am still hoping for a late day rally like yesterday. Would be nice but not counting on it. Either way... I'm exiting and will breathe a sigh of relief. You know... I wish I had realized before the deadline last Friday that the rally was spurred by Japan (news). Gosh... that was short-lived positive and wish I had acted on it. Oh well... I am just glad if I can get out today with a small gain. Best Wishes to you and everyone!!!!!!! :D
 
Part of me just didn't want to move out of equities... There is just too much negativity, to include folks here in the office, as well as risk. Ok, bring on that great flushing sound!

100% G COB :-/
 
DBA, yes! Hoping for that rally to the close! :D We shall see... Thank you, and everyone, for all the great analysis. We shall look for that new entry point... What is amazing is my TSP PIP is 19.77% as of 31 Jan! (of course, subtract 2 for today...) ;)

Hi FS: I am still hoping for a late day rally like yesterday. Would be nice but not counting on it. Either way... I'm exiting and will breathe a sigh of relief. You know... I wish I had realized before the deadline last Friday that the rally was spurred by Japan (news). Gosh... that was short-lived positive and wish I had acted on it. Oh well... I am just glad if I can get out today with a small gain. Best Wishes to you and everyone!!!!!!! :D
 
After the close for the flushing sound, please! :suspicious:


Part of me just didn't want to move out of equities... There is just too much negativity, to include folks here in the office, as well as risk. Ok, bring on that great flushing sound!

100% G COB :-/
 
Part of me just didn't want to move out of equities... There is just too much negativity, to include folks here in the office, as well as risk. Ok, bring on that great flushing sound!

100% G COB :-/

I agree, there is a lot of sky is falling talk out there... I don't know if I would get in at this point since the market had so much positive in the last week, but I'm only in 35% and am going to stay in C for a little bit to see if we get some more upswing before heading back down.
 
Dang! This is going to leave a mark! There better not be a snap-back tomorrow :notrust: Hey! At least I get a cool coffee cup out of my brief foray into the top 5 (timing is everything ;) ), most of those gains look to be going back. :-/
 
Well, it seem stepping aside was the call (yes, a day late!); just some headlines of note... Stocks hit by oil again... Stocks tumble on global growth concerns... Stocks aim for comeback on oil rebound... Wall St. turns negative after weak services data... and that's just this morning! :blink:
 
Yes... I am glad to have sidestepped but would have been so nice to exit Friday or Monday. Either way, still got a little coin so I am going to just consider myself lucky. Very tough to time the market. Best wishes... no on to find the next bottom entry. :D
 
Back
Top