Whipsaw's Account Talk

[ravensfan]

To be honest, this is starting to tick me off, esp. with the jokers that are playing games on the hill.

All the more reason "We the People" should demand term limits for Congress. :soapbox:

 

[Whipsaw]

Futures are UP! (its 10 pm Eastern)

 

[Whipsaw]

U.S. stock futures gain as Senate works on coronavirus bill

https://www.marketwatch.com/story/d...onavirus-rescue-plan-2020-03-24?mod=home-page

 

[Whipsaw]

Futures are mixed, but climbing. You'd think with a deal in the Senate, we'd be off to the races. Still some issues in the House, methinks.

 

[Whipsaw]

A small sampling over the last 2 days, but finally the S is out ahead of C. With the focus of the relief bill on small business, this should continue. :suspicious:

 

[ravensfan]

A small sampling over the last 2 days, but finally the S is out ahead of C. With the focus of the relief bill on small business, this should continue. :suspicious:

Actually, my crystal ball is showing this trend began on 19 March as the S Fund is outperforming the C Fund. On up days, it is gaining more and on down days, it is not losing as much. So yes, this trend needs to continue. :nuts:

 

[Whipsaw]

What are the odds we re-test the lows?

 

[ravensfan]

I would say 100% chance we do and 0% chance we don't.

 

[Whipsaw]

I would say 100% chance we do and 0% chance we don't.

You're sure about that? :cheesy:

 

[ravensfan]

You're sure about that? :cheesy:

After the last 30 minutes of trading on Wednesday, yeah I'm sure.

 

[Whipsaw]

No significant moves up the tracker, but my negative numbers are getting smaller... hope springs eternal.

 

[Mcqlives]

So you are riding into tomorrow at least?

 

[Whipsaw]

Not sure... C stopped at resistance, S blew through. I'm thinking the relief bill getting approved and signed will fuel further upside; not sure what news will come to the fore over the weekend... I still have another move, though the first is next Wednesday. Was planning to hold, but with available moves and potential weakness, maybe a move to make to G for the weekend.

 

[Whipsaw]

Considering CH's last post, will likely hold... will see. Much strong movement now, the President working to 're-open' the economy, congress may be a hitch...

 

[Whipsaw]

And a hitch it was... looking for another surge higher with passage of the bill, this may be late today or Saturday at this point. News talking of further spread, so potential for that test of the low is out there. Thoughts?

 

[Whipsaw]

Where is everybody? Oh well... did a 5 min to noon TSP entry attempt, actually got the email code and in, probably could have made an IFT!

 

[mdfiasco]

Where is everybody? Oh well... did a 5 min to noon TSP entry attempt, actually got the email code and in, probably could have made an IFT!

Brave of you. I'm sitting pretty with the trade of 80/10/10-G/C/S made Feb 22. No way I'm moving anything with the current madness going on. The clusterF*** will grow the more the White House fumbles this ball.

 

[Whipsaw]

Where is everybody? Oh well... did a 5 min to noon TSP entry attempt, actually got the email code and in, probably could have made an IFT!

 

[ravensfan]

And a hitch it was... looking for another surge higher with passage of the bill, this may be late today or Saturday at this point. News talking of further spread, so potential for that test of the low is out there. Thoughts?

It has always been my belief that lows will eventually get tested. As quickly as things moved with this bear market, I would think a test would come sooner rather than later. So with me, it is not if it will happen, but when. If I knew the answer to that, my career would have been on Wall Street and not with Uncle Sugar. (lol)

Be safe with this virus and be nimble with your TSP account.

 

[Whipsaw]

Weren't the TSP funds formerly in the AutoTracker? I seem to remember them being listed in a different color so they would be easy to spot.