Whipsaw's Account Talk

It's looking like a bottoming tail is forming today, potential entry (I missed it), but as CH said, proceed with caution.
 
Tempted by a potential bottom, though we could be in a falling knife zone considering the unpleasantness overseas. googl down almost 9%, fwiw.
 
Talking head on FBN this morning expects a bottom to form this week, which will be the beginning of the end-of-year rally.
 
Talking head on FBN this morning expects a bottom to form this week, which will be the beginning of the end-of-year rally.

I sure hope so. Even though I'm a big Chicken and am hiding out in G-Fund with my TSP, my Fidelity account is taking a beating.
It's a small amount compared to my TSP, but it allows me to still be engaged in the Market and try new strategies as I learn what works and what doesn't.
​I feel like an idiot most of the time, not catching a break and or buying & selling at the wrong time. Maybe one day I'll get it right............
It's a great reminder too why I should NOT touch my TSP....... LOL
:laugh:

RageA.PNG
 
I'm doing the same thing, I'm trying to dollar cost average into quality stocks with decent dividends, I can't seem to spend enough time to figure out when to buy and sell. :dunno:

I sure hope so. Even though I'm a big Chicken and am hiding out in G-Fund with my TSP, my Fidelity account is taking a beating.
It's a small amount compared to my TSP, but it allows me to still be engaged in the Market and try new strategies as I learn what works and what doesn't.
​I feel like an idiot most of the time, not catching a break and or buying & selling at the wrong time. Maybe one day I'll get it right............
It's a great reminder too why I should NOT touch my TSP....... LOL
:laugh:

View attachment 59168
 
I managed to side step some of the correction, chart indicators favor upside, talking heads (mentioned in previous post) mentioned a bottom last week, several saying rally to the end of the year. Fingers crossed!

All I want for Christmas is a positive return...
 
Interesting action, I might have moved out Friday or today had I been paying attention. Still, there's talk and print pointing to an end of year rally from here. Maybe an early gap fill then onward and upward? :suspicious:
 
Famous last words: I expect a drop after a pop of this magnitude, exceeded the top of the upper bollinger band...
 
The weather here is really nice and I've been out doing yardwork. Just came in for lunch and saw what is going on. DANG!!
 
RR, looks like you made the call! The expected response didn't materialize, at least not on the daily chart, hourly it did but I wasn't looking there :-/ Daily should trump hourly... oh well. I need to get back in at some point.
 
For some reason a lot of underinvested members in the TSP Talk AutoTracker are using today to get back into the market.

I certainly understand that level of frustration when you see the markets taking off without you, but with cash paying 4-5% this year that bitter pill is easier to swallow.
 
I caught the big move, making me positive for the year, not seeing the retrace expected after the UBB breach is a bummer. Will wait to see if we get a post holiday reversal. I don't think the weakness we saw the other day was significant at all. Still, lots of dojis and spinning tops over the past week.

Happy Thanksgiving, Everyone! Looking forward to a hearty turkey food coma! :D:unitedstates:
 
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