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Or you can now use TapaTalk again!Whipsaw's Account Talk
- Thread starter Whipsaw
- Start date
Whipsaw
Market Veteran
- Reaction score
- 205
Moved to G considering the present volatility, going into the seasonally poor half of the month, markets being up this morning, as well as a JTH sighting (always a bellwether), and this puts me back in Ark alignment. It seems this fed rate hike rumor is taking the wind out of my exit, no major harm done, trade will likely be a wash. Looking for more weakness to set us up early for the Santa Rally!
Whipsaw
Market Veteran
- Reaction score
- 205
Wow! Not only did I have to find my thread on the second page, I've completely fallen off the Top Poster's list! Wait, I just checked, I think this post put me in the #30 spot. At any rate, weathered Hurricane Matt Perry, power was out for a day, trusty though rough running Coleman generator kept the fridge cold. My daughter picked an unfortunate spot to park her car at a friends house and it was inundated and now a total loss (not allowed to keep it as it is flood damaged and there is concern over mold and heath issues, sounds fishy to me). Market is heading south in a hurry today, watching, waiting... Thinking this pennant will break down, but watching the S-Fund bull flag as well. Now that it is 12:01, the market should reverse and climb back to the open price (just guessing).
sgtbriangreen
Market Tracker
- Reaction score
- 2
Whipsaw
Market Veteran
- Reaction score
- 205
True, though it was fresh water... carpets were pretty much toast; big issue was the air bag light, and the tranny not shifting right. I think it would have been salvageable at break even with the value, but then it would still be an '02 Focus :-/ She's picked out a much nicer '12 Focus 4 dr hatchback. Bright red!
Whipsaw
Market Veteran
- Reaction score
- 205
DreamboatAnnie
TSP Legend
- Reaction score
- 420
Yep... gotta agree to some extent with the article you posted Whipsaw. Not sure that I believe it would be as bad as 1987. But it does go with what I am thinking to some extent.
This is because I looked at charts for just a bit a few minutes ago... didn't review yesterday. Looks like 20 day EMA is getting close to crossing below 50. If that happens, I am out IMMEDIATELY! Bad things are usually not far off when that happens. Will be posting charts tonight.
Take Care and Best Wishes to You and Everyone on Investments!!!!!!!!! :smile:
Tsunami
TSP Pro
- Reaction score
- 62
Tsunami
TSP Pro
- Reaction score
- 62
Reading the threads, there is a correlation of folks talking about short term strength followed by a good sized drop... Still cooling my heels on the lilly pad.
The drop that many Elliott wave gurus were expecting down to 2090 or so hasn't been materializing. So with all the bearish talk out there I'm taking the contrary view and going with my own system (which actually should have gotten me in yesterday, not today, so I'm a day late but wanted to be careful and wait one more day). Ideally today is just finishing up a small wave 2 pullback, to around 2135 maybe, then the march higher to 2350 by year-end will resume....or not. A drop below 2075 (last month's close) would get me worried, but otherwise I'm bullish. Snort.
Whipsaw
Market Veteran
- Reaction score
- 205
The runner stumbled out the gate this morning! Not looking good sports fans! It seems to be struggling of late, up, down, bear flags, etc. Would like to make a one or two day score, but can't get my head in long enough to gauge it. Too much going on at work and home right now... bad seasonality the rest of this week, maybe a set up brewing for next week? I got this same feeling before the housing bubble burst...
DreamboatAnnie
TSP Legend
- Reaction score
- 420
Oh Nooooooo... say it ain't true!!!! :worried: I got that same feeling... but seems that I have been feeling that way for quite some time. Humm... maybe that is just me?????? :blink: Hope not.
I must say that this morning driving into work I felt great (even though I lost at poker last night---bunch of meanies)!
Truly though...Life is a bowl of cherries! I was listening to my favorite old song .. "I am every woman" by Chaka Kahn. You know every time I hear that song it just makes me feel powerful, invincible and that I can do anything!!! Love that song...
Then I get to work, take a break, look at the stock market and shake my head!!!!! :suspicious:
Market SIR..may I have another??? :buttkick: ...but I am still smiling!
P.S. Chaka Kahn and her sister recently had to cancel her tour dates (in July) to go to rehab for addiction to prescription drugs. Bummer. But I think she may have resumed tour by now.Last edited:
Whipsaw
Market Veteran
- Reaction score
- 205
DBA, especially when you're driving to work in that hot sports car!
Futures are up, I think with the GDP report... Will this spur a rally with any legs?
GDP hits 2.9% in biggest gain since mid-2014 - MarketWatch
DreamboatAnnie
TSP Legend
- Reaction score
- 420
DBA, especially when you're driving to work in that hot sports car!
Futures are up, I think with the GDP report... Will this spur a rally with any legs?
GDP hits 2.9% in biggest gain since mid-2014 - MarketWatch
Hi Whipsaw!! Yes I do listen to Chaka Kahn on way to work! I use YouTube to blast it through the car media center. I can play and sing anything I want!!!! The SAD part is that it only takes me about 20-25 minutes to get to work! So much music, so little time!
About GDP 3rd quarter growth of 2.9% per FBN this morning, the expectation was 3.0 and others were whispering hopes for higher. So even though 2.9% sounds good, John Londski from Moodys, said this still only gives about a 1.5% average growth. So their conclusion is that this still is not considered great. He says this is no proof of recovery as the 2.9% is distended by the big increase in inventories and narrowing of trade deficit. He said if you take that out, this brings it to 1.4%---no change at all. Its nowhere near growing near 3%. Gotta go back to 2005 to see that. He said during the last 10 years GDP growth is at an average of a "puny" 1.3% growth, which is the worst 10 year growth performance since 1939 when it grew at 1% average growth annually. He said no doubt this causing middle class shrinkage.
I am considering exit this morning. Best wishes to you and everyone on your investments...and have a great weekend!!!!!! :smile:Similar threads
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