Whipsaw's Account Talk

So, I missed this last run being overly bearish, seeing a jump in at the low as a gamble. At any rate, now we're elevated, still some looking at more potential downside... with continued volatility in the mix, waiting to see a better point to buy in.
 
Agree with you entirely WS. Was tempted to dip my toes in today, but being elevated scared me off. Waiting for a better buy in as well.:D
 
I'm wondering if this falls into the category of 'once a pattern is identified, it changes'? Another downturn? Or does it keep going and not look back?
 
I'm wondering if this falls into the category of 'once a pattern is identified, it changes'? Another downturn? Or does it keep going and not look back?
I have no idea, but am thinking about jumping into the Frog Pond.frogeye.gif
 
"Even if you're on the right track, you get run over if you just sit there." I was in the 70's on the AT, now 293. :-/
 
Thanks. I'm not the only one that feels that way. I finally jumped out of 100-I, and diversified to G-5, F-5, C-30, S-40, 20-I. We shall see what happens. I sure need to catch up from the previous months losses.
 
I am fairly certain that if I jump in further today, it will drop like a rock tomorrow. So as long as I dont do that, you all should be safe.....

It does look like it could be at a top, BUT it just broke above the April 18 high...resistance broken on S fund. So I really think it may go up a few more days with a possible one day pull back. But Nafta could raise its ugly head and how many days has market been up now? Thinking to enter tomorrow if it pulls back a bit but no telling when it looses steam. Might have seen the best....just dont know....
 
For the last few years I have been pretty much a 100% "S" fund kind of guy. Towards the end of January I made a move from 100% "S" fund to a 40,30,30 CSI. The "C" and "I" funds where looking stronger than "S" and the "I" fund has been lagging the American market for some time. It felt like a good time to maybe ride a different wave. Well that didn't happen and if I had stayed in "S" I would be up 3% over where I am now. But like they say hindsight is 20/20. So I'll play the hand I dealt myself and wait. How much longer will I stay put or should I go back to "S", I guess time will tell.

Good luck everybody.
 
Man, what a difference a week makes! Was 72, now 457 on the AT! D: Oh well, will have to make some stellar moves going forward to make up for this bone head maneuver. At any rate, easing trade tensions, sabre rattling, rings of fire, going to give it another day. Futures are up but heading down, FWIW. We may still be in a trading range, if so, would like to see another visit to the lower end, not likely with my luck. Happy Monday! :D
 
Man, what a difference a week makes! Was 72, now 457 on the AT! D: Oh well, will have to make some stellar moves going forward to make up for this bone head maneuver. At any rate, easing trade tensions, sabre rattling, rings of fire, going to give it another day. Futures are up but heading down, FWIW. We may still be in a trading range, if so, would like to see another visit to the lower end, not likely with my luck. Happy Monday! :D

Yep, should have jumped in early last week or the Friday before. However, things have been hopping at the bus company with trip season in full swing so an opportunity missed. Markets will probably go higher, but I'm not going to chase and get caught on the wrong side of a trade. With that, I'll just wait on the lilly pad and bide my time. ribbit ribbit...
 
From the lily pad... cooling my heels with RF, looking for that repeat pattern that Tom talked about in his market comments. It will be interesting to see how much of a pull-back we get. I'd really like to hear that 'flushing' sound. :notrust:
 
Thanks RF! =:-o Be careful what you wish for! :rolleyes: Futures are near zero, NADAQ is up slightly. S fund tested resistance from above... Hmmmmmm.... the other fun part is going on travel Friday, which always throws a wrench in the works for trading. Little Rocket Man is trying to show he's no pushover, not sure how that will play out in the markets. Seasonality is in the red till I get back, maybe I'll sit tight?
 
Yes ... wooo... hooo. Robo!! Positive territory!!!! :D

Yesterday my 30% stake in I-fund took the wind out of my sails as it hit what would have been a nice increase per stake in the S & C funds.

I wanted to move out of the I-fund today, but I missed the deadline... too busy at work and just now looking at market (lunch time). So now its C fund that is at zero for the day but other two funds slightly up. Okay... I will take it... anything to chip away at my loss.... even if it is just a tiny bit at a time. Charts still look like they want to break out higher. Resistance... Resistance.... Bears need to back off! :rolleyes: Let me make a little so I can get out until next month.

Best wishes to you, Whipsaw and to everyone!!!!!! :smile:
 
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