Whipsaw's Account Talk

Sort by newest Sort by date
Whipsaw said:
This is looking like a DCB to me.
Click to expand...

Question is, will there be follow thru on Monday or is this just a one day bounce??? If I knew the answer to that, I would be a lot closer to the top of the Autotracker than the bottom. :worried:
 
Same here, I may be heading for the exits... I can't tolerate another ride to the bottom. Kendall report is talking of visiting the previous lows with elliot waves in sets of three for a good bit of up and down consolidation. Maybe an opportunity to swing trade? At some point I'm going to owe TSP money! D:
 
Wish I knew what market will do. I have several ideas but... no telling. I am thinking to reduce exposure to 10% ...that is based on my situation... I was only invested 10% for drop yesterday when I bought 50%, so exiting that 40% will offset some of the loss. 17 minutes to decide.... I dunno… going back n forth... could just stay in or go to 25%...eeeee...decisions decisions… 12 more trading days left in month. Best wishes!
 
No IFT for me today. Standing pat with the cards I was dealt...:rolleyes:

Besides, don't we usually get some type of a fake out around the noon cutoff, which usually throws us off...Stocks now bouncing back.:D

Good luck!!!
 
Well, couldn't get into the site on time. Holding through the weekend. Market is heading back up, for now. Have a great weekend everyone!
 
Hi Whipsaw, It's probably for the best! Market now back up to +526... seems to happen near noon cut off. Can't help but feel we are being played! Ugghhh….

So, I reduced exposure ...but still in 30%.
Hope you have a Great Weekend* !!!!! :smile:
 
So I was looking at Bquat's DWCPF chart this morning and it looks to me as if we are at the bottom of the long term channel. If support holds, there still may be an opportunity for more upside. Of course if it doesn't...look out below.:nuts:
 
Whipsaw said:
Kendall report is talking of visiting the previous lows with elliot waves in sets of three for a good bit of up and down consolidation.
Click to expand...

I've been listening to him since early May and do not recall any recent mention of retesting the 23 Mar lows. Of course, he is not adamant (like Pivot Point is) about retesting the 23 Mar lows. Unlike Pivot Point, Bob Kendall allows his system (and not a stubborn bias) to steer his decision-making. That's why I like listening to what he has to say. But, I will not make any moves yet based upon his analysis because I am still putting him to the test. As of now, I trust my gut more than what any one person has to say about this market. :D
 
ravensfan said:
So I was looking at Bquat's DWCPF chart this morning and it looks to me as if we are at the bottom of the long term channel. If support holds, there still may be an opportunity for more upside. Of course if it doesn't...look out below.:nuts:
Click to expand...


That's my thinking. I'm betting on that channel. It seems to me that it will continue to work until it doesn't, then back away.
 
Kendall report posted this morning indicates that an up leg is expected followed by another, larger, down leg. Watching the action today will inform his further analysis this evening. I'd like to see the upper gap get closed first, if I can step aside for the next down leg, I'll be a happy camper.
 
Apparently the Feds tweaked a program for corporate bond purchases, spurring today's rally. I'll take it! Now for some follow through!
 
The Fed has me thinking that it won't allow the market to re-test the march 23rd lows. It will intervene at any sign of instability...
 
Whipsaw said:
Apparently the Feds tweaked a program for corporate bond purchases, spurring today's rally. I'll take it! Now for some follow through!
Click to expand...

Me too WS, what a crazy day in the markets...a whole lot of movement, glad we ended up in the positive territory. Let's keep it going please!
 
bmneveu said:
Can't fight them :)
Click to expand...

Not when they print and pump like this....
1f5a31c771cfe76a92af094fb52b0b39.jpg



Sent from my iPhone using Tapatalk
 
You must log in or register to reply here.

Similar threads

TommyIV
  • Article Article
TSP Talk AutoTracker Insights: The Week of the FOMC Sell-Off
Replies
0
Views
491
TommyIV
TommyIV
tsptalk
May 2025 AutoTracker Winners!
Replies
1
Views
333
nasa1974
nasa1974
tsptalk
April 2025 AutoTracker Winners!
Replies
3
Views
471
rangerray
rangerray
tsptalk
March 2025 AutoTracker Winners!
Replies
3
Views
707
tsptalk
tsptalk
TommyIV
  • Article Article
TSP Talk AutoTracker - Buying the December Dips
Replies
0
Views
476
TommyIV
TommyIV
Back
Top