XL-entLady's Account Talk

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VWAP for FREE!

A few weeks ago, Coolhand introduced us to bestfreecharts.com. Just today, bestfreecharts.com has started putting VWAP on their charts. VWAP is volume weighted price average and it is a hugely helpful piece of technical information that used to be on the paid sites only.

Great news so I just had to share. :)

Lady
 
Re: VWAP for FREE!

A few weeks ago, Coolhand introduced us to bestfreecharts.com. Just today, bestfreecharts.com has started putting VWAP on their charts. VWAP is volume weighted price average and it is a hugely helpful piece of technical information that used to be on the paid sites only.

Great news so I just had to share. :)

Lady

That's wonderful !!

Just a quick drive by - Hi !! Hope all is well ;)

When I get a chance :( I'll try to get a sense of what you, Coolhand, 350z, Uptread, and the rest of the gang think - cause all that stuff is way over me :embarrest:

But I very much appreciate your explanations and insight

Steady
 
My apologies if this has already been posted somewhere else. But it's the first I've seen of it. It's about time they did this. :)

"TSP Changes
The bill passed by the House allows for automatic enrollment of new federal employees in the TSP, with contributions ranging from 2 percent to 5 percent of basic pay. The details would be established by the Federal Retirement Thrift Investment Board. In addition, federal employees would be permitted to make after-tax contributions (similar to a Roth IRA) to their TSP accounts that would be allowed to grow tax-free. The bill also allows the TSP to establish self-directed investments for participants that would expand investment choices."

http://www.govexec.com/story_page.cfm?filepath=/dailyfed/0409/040309rp.htm

Lady
 
....allows the TSP to establish self-directed investments for participants that would expand investment choices."

What exactly does that mean?:confused:
 
....allows the TSP to establish self-directed investments for participants that would expand investment choices."

What exactly does that mean?:confused:
That means we're probably going to get more fund choices, in addition to G, F, C, S and I. My guess is a Roth and a REIT of some kind. It would be nice if the FRTIB would figure out some kind of fund to short the market but that's probably more than we can hope for.

Lady
 
Hello Lady - Thanks for stopping by Cool's home to provide insight on mark to market rule changes. As I am not going into ETFs (no $), I had to look up XLF, it appears that you are betting that financials will go up in the short term. Anyway, thank you and good luck!:)
 
Hello Lady - Thanks for stopping by Cool's home to provide insight on mark to market rule changes. As I am not going into ETFs (no $), I had to look up XLF, it appears that you are betting that financials will go up in the short term. Anyway, thank you and good luck!:)
Yes, 4Runner, you're correct. And I should have clarified that XLF is the Financials SPDR, which means that I am indeed betting that financials will go up. And I'm putting some money where my mouth is. ;)

You're welcome, and thanks for your visit to my home!:)

Lady
 
The consensus opinions I'm reading in my favorite blogs this weekend is that we're going to get a profit taking pullback early in the coming week, but then the rally will resume. Who knows if it will really happen that way, but it makes sense to me. :cool: Below are a few of the posts I'm reading. As always, caution is recommended. :)

"I've received a number of requests to review the current position of the 13-34 exponential moving averages (EMAs). As you probably know, I place a lot of importance on that combination because of its strong track record over the years. I apply the 13-34 EMA combination to daily, weekly, and monthly charts. Let's start with the "daily" lines which measure the market's "short-term" trend. Chart 1 shows the 13 and 34 day moving average combination. For a short-term buy signal to occur, the 13-day (blue line) has to cross over the 34-day (red line). That short-term buy signal took place earlier in the week. But there's more. The black line below chart 1 plots the "spread" between the two EMA lines. [You can create that line by inserting 13,34,1 into the MACD indicator]. You can see a positive divergence taking place during March when the black line held above its October low (black arrow). [We've shown similar positive divergences in several other technical indicators]. More importantly, the black line has exceeded its January high and risen above the zero line for the first time since last May. [A crossing above the zero line by the black line coincides with a positive EMA crossing]. That's a sign that the current rebound has legs."


http://blogs.stockcharts.com/

"...Of course it is possible that the bullish phase will suddenly fade, but for now I think we are experiencing a bear market rally that could move the S&P 500 up to the area of 1000."

http://www.decisionpoint.com/ChartSpotliteFiles/090403_rally.html


"...So -from a historical and statistical perspective- probabilities and odds ... are indicating a probable short-term pullback early next week, but we may see another (or a continuation of the) run-up in the markets after the short-term pullback has run it’s course, especially with respect to the strong breadth we’ve experienced during the last couple of sessions (and which might not disappear without showing it’s strong hand again any time soon)."

http://tradingtheodds.wordpress.com/

Lady
 
Sorry to intrude but could you explain "breadth" ?

(Heading out and will not be back till this evening.)

Thanks in advance! :)
 
Sorry to intrude but could you explain "breadth" ?

(Heading out and will not be back till this evening.)

Thanks in advance!
First of all, visits to my home aren't an intrusion. I'm happy to have the company! :)

Market breadth is the amount of force (momentum - - volume) and the number of companies that are participating in market moves. A good way to monitor breadth is the advance/decline line. The more companies that are advancing, the more breadth the rally has. We were just discussing that here:

http://www.tsptalk.com/mb/showpost.php?p=214809&postcount=775

And that link also has a web address for a place to find the advance/decline line. Please let me know if you have additional questions, and good trading!:)


Lady
 
Wouldn't it be down right nasty to see a 900 SPX close on the week?

I'll say heck No.
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Just a quick update. I said I thought that banks/financials might be through the worst of it and I was buying the financial ETF. Well, Silverbird alerted us to a whole other problem, and the more digging I did the sicker it got. I sold my financial ETF. I'm staying away from financials until ... probably ... at least this autumn. And I am remembering that the S&P holds more than 13% bank stocks.

Sell in May and go away may have a whole new meaning this year.

Lady
 
First of all, visits to my home aren't an intrusion. I'm happy to have the company! :)

Market breadth is the amount of force (momentum - - volume) and the number of companies that are participating in market moves. A good way to monitor breadth is the advance/decline line. The more companies that are advancing, the more breadth the rally has. We were just discussing that here:

http://www.tsptalk.com/mb/showpost.php?p=214809&postcount=775

And that link also has a web address for a place to find the advance/decline line. Please let me know if you have additional questions, and good trading!:)


Lady

Sorry to intrude but could you explain "breadth" ?

(Heading out and will not be back till this evening.)

Thanks in advance! :)

This site, used by quite a few folk on the MB, has some excellant analysis and charts in its free section. I think it was Lady who first pointed me in that direction.--Ron

 
If I remember correctly, the markets are usually up hard the day before this type of holiday weekend and then down hard the first market day after. So I'm taking some profits on my real-world TSP, which will take it back to 90 G, 4 each in C and S and 2 in I (which is just about what I already am in the tracker - I keep forgetting to post moves).

Financials up hard today on news that Wachovia's good earnings boosted parent Wells Fargo's earnings sharply. Don't know if that will hold past today but it's helping the S&P and thus our C Fund get a nice pop.

Good trading,
Lady
 
With the Nikkei +321.05 and the other foreign markets now in plus territory the I fund should smoke them on the upside today.
 
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