XL-entLady's Account Talk

[airlift]

Coolhand,

Yours is an excellent contribution of course. Thanks!

 

[XL-entLady]

Thanks for the clarifications Lady. Here is a new post by the author showing the last 6 buy and sell signals for the SS. We can see here that it's not a day trading system and that volatility should continue to be expected.

http://www.traders-talk.com/mb2/index.php?showtopic=103228

I would add though, that I'm concerned about how the market trades this week. I suspect it will be down. If we were one week closer to April I'd feel more comfortable about selling, but we've got more than 2 weeks to go and a lot can happen in that time.

I'm still thinking about it. :blink:

Coolhand, thanks for the link to that very timely post for "your" Seven Sentinals. It's a great visual to show the longer term nature of this system! Kudos again for introducing the signals to us!

And your cautionary analysis of the current situation is also greatly appreciated!

Lady

 

[airlift]

Coolhand,

I tried to copy and paste the link showing the last 6 buy and sell signals for the SS; however, it doesn't open, and I have had no problems cutting and pasting other links today. Is that a proprietary combination of charts. Maybe I just need to individually open the different charts from StockCharts.com?

 

[hessian]

Coolhand,

I tried to copy and paste the link showing the last 6 buy and sell signals for the SS; however, it doesn't open, and I have had no problems cutting and pasting other links today. Is that a proprietary combination of charts. Maybe I just need to individually open the different charts from StockCharts.com?

Just FYI, I have not had success with any of the links over the last 2 to 3 days, either.
I get error messages, "OOPS, the link appears to be broken". -?

 

[budnipper1]

Just FYI, I have not had success with any of the links over the last 2 to 3 days, either.
I get error messages, "OOPS, the link appears to be broken". -?

Sounds like a conflict within your computer settings to me. Temporarily disabling my XP pop-up blocker usually solves that problem here, but I ain't no expert.
​

 

[hessian]

Sounds like a conflict within your computer settings to me. Temporarily disabling my XP pop-up blocker usually solves that problem here, but I ain't no expert.
​

Thanks buddnipper, all the SS links seem to be working now! (including coolhand's signature link)
Strange! 'cause I did nothing.
However, I expect there is something to what you refer (I get the pop-up blocker sounds, but this time the webpages work, hmm). If there's future problems, I'll look into what you suggested.
Much Thanks!

 

[coolhand]

Coolhand,

I tried to copy and paste the link showing the last 6 buy and sell signals for the SS; however, it doesn't open, and I have had no problems cutting and pasting other links today. Is that a proprietary combination of charts. Maybe I just need to individually open the different charts from StockCharts.com?

I don't think you can copy those charts from that post. Suspect it has to do with Stockcharts.

 

[coolhand]

Coolhand, thanks for the link to that very timely post for "your" Seven Sentinals. It's a great visual to show the longer term nature of this system! Kudos again for introducing the signals to us!

And your cautionary analysis of the current situation is also greatly appreciated!

Lady

I wish I could claim them Lady, but I'm just passing on good info when I find it.

 

[airlift]

Likewise, I just tried opening the link and it worked.:blink:

Thanks buddnipper, all the SS links seem to be working now! (including coolhand's signature link)
Strange! 'cause I did nothing.
However, I expect there is something to what you refer (I get the pop-up blocker sounds, but this time the webpages work, hmm). If there's future problems, I'll look into what you suggested.
Much Thanks!

 

[XL-entLady]

Birch, ol' buddy, this one's for you. The 3/16/09 Market Oracle says:

The Stealth Bull Market is Born

"...We have in all probability seen THE stocks bear market bottom at 6470, which is evident in the fact that few are taking the current rally seriously instead viewing it as an opportunity to SELL INTO, which is exactly what the smart money desires. They do not want the small investors carrying heavy losses of the past 18 months to accumulate here. No they want the not so smart money to SELL into the rally so that more can accumulated! Therefore watch for much continuous commentary of HOW this BEAR MARKET RALLY IS TO BE SOLD INTO as the Stealth Bull Market gathers steam."

http://www.dailymarkets.com/stocks/...robably-the-start-of-the-stealth-bull-market/

Do I believe that? It doesn't matter what I believe. :blink:

Lady

 

[Uptrend]

There is some wisdom here, that is somewhat compelling.

I was sucked into buying GE a few weeks ago when I saw a double bottom on the charts (around $10.80) and there was much news on how great GE was and one should not worry about their financial division. As soon as I bought it, it broke the double bottom and heavy shorting came in and before I knew it, I was stopped out. The stock wnet down to around $6.00 befoe turning. Darn institutions and money managers manipulating the market with news. Don't believe news for the most part - it plays with your emotions and usually influences you the wrong way.

Furthermore, markets do not act like one would expect. We see a pattern of bear market reversal tops now at 20-25%, so how about a fake-out with a 50% retracement. Very possible! That is why I am keeping my options open. Go Birch!

 

[XL-entLady]

Just checking in to dust the furniture and air the place out a bit. I've been spending hours every day soaking up everything I can get my hands on to learn more about trading ETFs. I've paid some tuition to ETF University too. :cheesy:

But the things that I'm learning are starting to make both sense and profits, so life is good.

My TSP account has profited from careful attention to the SS signals that Coolhand showed us. My real world account is even for the year, even after taking the monthly payments out. I've been too much of a chicklet to put more than 30% in, but the ride up has made even that small amount work well.

My real world account is 70% G, and 10% each in C, S and I. I'm not sure how long I'll keep that much in. I pay careful attention to the Seven Sentinels, the A/D line, and the 30-minute candlesticks for the S&P and Russell 2000. And I keep my fingers crossed, which probably works just as well as anything else. :nuts:

Lady

 

[XL-entLady]

If this guy isn't part of your daily reading, he should be. Enjoy!

http://www.greenfaucet.com/blogs/the-exception

Lady

 

[RonUSPSretired]

Just checking in to dust the furniture and air the place out a bit. I've been spending hours every day soaking up everything I can get my hands on to learn more about trading ETFs. I've paid some tuition to ETF University too. :cheesy:

But the things that I'm learning are starting to make both sense and profits, so life is good.

My TSP account has profited from careful attention to the SS signals that Coolhand showed us. My real world account is even for the year, even after taking the monthly payments out. I've been too much of a chicklet to put more than 30% in, but the ride up has made even that small amount work well.

My real world account is 70% G, and 10% each in C, S and I. I'm not sure how long I'll keep that much in. I pay careful attention to the Seven Sentinels, the A/D line, and the 30-minute candlesticks for the S&P and Russell 2000. And I keep my fingers crossed, which probably works just as well as anything else. :nuts:

Lady

I also have begun using the Seven Sentinels and would like to know what source you use for the A/D line why you prefer the 30 min. candlesticks.--Ron

 

[XL-entLady]

I also have begun using the Seven Sentinels and would like to know what source you use for the A/D line why you prefer the 30 min. candlesticks.--Ron

Just to clarify, I usually use daily candlesticks in my charts, backed with a swingline on the price. But when I need to watch a chart carefully to try to determine market action, I move to a 30 minute chart. Because watching the ebb and flow of the 30 minute cycles tells me more about the immediate mood of the market for that particular chart.

I get the number of advances vs. declines in the market a couple of ways.

http://www2.barchart.com/default.asp

I use the site above for a number of pieces of information. The "Market Momentum" line there gives me macro A/D numbers. Then if I click on "Market Momentum", it drills down to give me A/D numbers broken out for each index.

If I want to drill down further than that, and for a number of other (time consuming) checks, I use

http://stockcharts.com/def/servlet/SC.scan

Hope that helps. Please let me know if you have more questions. We're all here to learn from each other!

Lady

 

[RonUSPSretired]

Thanks much for the info. I'm a little overwhelmed with the prospect of all the studying I have ahead of me. It seems more and more of my day gets taken up with the market. Hopefully I'll still have time to feed the horses. Ha! Ha!--Ron

 

[Uptrend]

Lady:

Thanks for your thoughtful; analysis and comments on my thread. I also use many of the technical data you do as you explained in your post #775 from stockcharts and Barcharts, and can tell that you are also a very logical and technical person.

I use the 30 minute charts frequently on Ammeritrade and particularily like the 10 day period for making individual stock trade decisions. I usually draw the trading channel with the trend tool, and then zoom out to the 3 month view and then to the 1 day view with the 1 and 5 minute charts. When one looks at multiple time periods, one can pin-point good entry points based on the trend. I have made a fair amount of $ by buying at the bottom of the trading channel and selling at the top. I care more about chart patterns, rather than company fundamentals, although I will not swing trade a loser company.

Keep the good posts coming, and let's beat the bear.

 

[airlift]

Great exchange of ideas. Thank you.

 

[XL-entLady]

Scaling back a little to 90 G, 4 each C and S, and 2 I. With the international meeting later this week, anything can happen in the markets. So I wanted to take a little more off the table.

Lady

 

[Frixxxx]

Scaling back a little to 90 G, 4 each C and S, and 2 I. With the international meeting later this week, anything can happen in the markets. So I wanted to take a little more off the table.

Lady

The unemployment numbers will drive this week's market. Japan forecasted 4.2% but hit 4.4%. Germany forecasted losing 50K but actually lost 69K. If the US exceeds it's forecast of 8.5% unemployment, our markets will tank. Prepatory figures start tomorrow with ADP numbers.

Good Luck