Wiff007's Account Talk

[Wiff007]

Today is a good day, hope the afternoon is better. Hoping to maybe IFT tomorrow possibly 30-50 in C or S. Figure we might get a good bump Thursday afternoon after the statement and then also on Friday. Although I worry what happens if rates get raised . Good luck to all, I just hope stocks go up would be nice to add some good gains.

 

[Wiff007]

Well time to see how the morning goes and maybe get that IFT in by noon for tomorrow.

 

[Wiff007]

Okay

so question for you all. Say the fed do not raise rates and I IFT transfer tomorrow by noon. Anyone feeling a nice day of gains on Friday? Or will tomorrow afternoon be that only window?

 

[FogSailing]

Wiff: I think most on the forum are standing by for a rally. But I've taken taking a contrarian position on tomorrow and Friday. I feel reasonable good about my "general" scenario play calling so far this year but my timing has sucked over the last few months, so my opinion is worth what you're paying for it. Most of the rules I've followed over a long time don't seem to be working this summer. The whole market is "topsy turvey" as far as my game is concerned. All the best to you in your investments.

FS

 

[Lakebound]

Wiff: I think most on the forum are standing by for a rally. But I've taken taking a contrarian position on tomorrow and Friday. I feel reasonable good about my "general" scenario play calling so far this year but my timing has sucked over the last few months, so my opinion is worth what you're paying for it. Most of the rules I've followed over a long time don't seem to be working this summer. The whole market is "topsy turvey" as far as my game is concerned. All the best to you in your investments.

FS

I concur. I am feeling very positive about today either way.

Frank

 

[Wiff007]

Well thanks for all the input, wil monitor this morning and see what is put out there before noon.

 

[Wiff007]

No change made. Still only 5-C and 10-S. Figure will wait and see. Figure if the market flops this afternoon, might be able to use an IFT to catch a rebound next week. If it goes up, guess I can jump in again a bit riskerier. Let's see what happens.

 

[Wiff007]

No Change now what? :/

 

[Wiff007]

Markets went red then to green. Think we're playing this roller coaster now till December, maybe they should have raised them.

 

[Wiff007]

Futures down 100 doh. IFT for Monday hmmmm?

 

[Valkyrie]

Futures down 100 doh. IFT for Monday hmmmm?

"In fact, if the current script plays out similar to 2011, we should be looking
for another push higher – perhaps to the 2,030 level – before we suffer a
retest."
Get Ready to Short the Market

(retest of the previous lows)

he was right about yesterday, got close to 2030 and down it went.
glad I went to F for yesterday. now out of moves.

 

[Wiff007]

"In fact, if the current script plays out similar to 2011, we should be looking
for another push higher – perhaps to the 2,030 level – before we suffer a
retest."
Get Ready to Short the Market

(retest of the previous lows)

he was right about yesterday, got close to 2030 and down it went.
glad I went to F for yesterday. now out of moves.

I might move to F next week, not makin a change today so still holding both IFT for month. Wondering if market falls again Monday. That pullback in Aug lasted what four five days? Figure if I goes down Monday again then I might jump in for Tuesday. Hoping we don't see multiple days in the red though.

 

[Wiff007]

Small start today it seems, let's see what happens. Might IFT today.

 

[Wiff007]

Standing pat again, hope might try to get in tomorrow and be ready to go Wednesday. Worried about yellen speaking on Thursday though so don't know if I will dip all the way in until maybe Thursday morning then ride out till end of the month.

 

[Wiff007]

Hmmm. Wonder if I should jump in . Maybe it goes up tomorrow.

 

[Wiff007]

No changes. Wonder if will hit lows through Thursday? Maybe Friday it will go up or yellen says something to stabilize things?

 

[Wiff007]

So yellen speaks at 5pm today, markets appear down for what I believe the third day in a row at least in pre data for today. Anyone else thinking of jumping in to take advantage of Friday? Figure of yelled says something worth wild then it could go up. Although the guy from earlier in the week who spoke didn't help matters so maybe yellen won't either

 

[FogSailing]

Wiff, I like what a friend of mine wrote about the market last evening: "This down move is running out of steam. I’m looking for a three week test of the low on Friday at 192.59 (SPY). If we hold support, I will be thinking of long despite the potential for a government shutdown next week. Anyway, we survived the end of Shemitah, we didn’t get hit by an asteroid today and Cern apparently didn’t open up some wormhole allowing aliens to take over the Earth, so all in all, one gotta be bullish ;-). Oh, and we have to avoid the Blood Moon Apocalypse next Monday!"

How can you argue with that logic..

FS

 

[Wiff007]

So not making changes today. I have two IFT for month left for next week. I figure yellen speaking might help us "hit the low" that I keep reading about. Then I can do IFT to C and S for next week maybe. Wanted to buy the dip but lately that strategy hasn't worked it seems.

Good luck to everyone

 

[Wiff007]

Well now futures are up nicely. I knew I should have went in , my gut said to jump in yesterday . Sigh hopefully it can continue next week, maybe this is the jump start we need for the rest of the year. Wish Yellen would have said rate increase last week would have saved a bunch of stress on the market . Congrats on those who got in yesterday.