Thread: Whipsaw's Account Talk

Hi guys, on travel in Colorado Springs. Trying to keep an eye on the action... hit Pikes Peak on Saturday, super clear, could see all the way to Denver!

Thanks for everyone's continued analysis and thoughts on the market, I need to get my head back into it; have been distracted of late.

Futures are flat to down...

Looking at my last move to the G fund, great move at the time (funny how time flies), then stymied by falling markets and bearish news and crummy fundamentals and missed the run-up after the Brexit waiting for the EU to collapse. Oh well. Looks as though I sat out the best large dip buy in a while. Now prices are up above where I bailed, I hate it when that happens! My contributions are going to the S fund, so I made a few dollars on that. So, who thinks we continue up from here? There is still a large cap lurking down below that I saw on Bquat's charts, and if that aligns with the inverted H&S pattern potential for a neck line test... could be a new opportunity shaping up for a buy. Don't like to buy high.

I have mixed feelings right now. The world is bullish but the Yen has appreciated a lot, even while the CBs keep the cash flowing. Oil still seems to be trending downward. Gold is up temporarily...

I think I'll hold until about the 5th. It seems like there is consolidation in the air. Just my 2 cents...which won't buy you a cup of coffee..

Sounds like a great trip. Pike's Peak is UP THERE!!!

FS

The term 'flummoxed' comes to mind...

Yep it has certainly been tough to sit in the G fund while the market makes a slow, steady climb to new all time highs. It's easy to get caught up in the hoopla, panic and buy high. That's what Wall Street counts on, the suckers who panic and buy in when prices are high. These same people take their profits and are only to willing to buy your shares back once markets drop and you once again panic and sell, trying to save what little is left before losing it all. So although I missed the run up after Brexit, I am happy to have not lost anything in the process. Eventually, we will be bouncing off the lower bollenger band, RSI will be in the 20/30 range and MACD and Slow Stochastics will be pointing north. Until then, I'll be happy with the 0.03 to 0.04% per week I'm picking up in the G Fund.

Can't remember where I read it, but the saying goes, "buy when there is fear in the market and sell when there is greed".

The market has been trucking along for some time now 'in the box' or the slow climb of the S fund; isn't there a TSP theorem that once a pattern is discerned, it must change shortly thereafter? Something's gotta give...

Huh, the S&P looks to be exiting the bottom of the box. Will it continue out or close back in? Enquiring minds want to know! >.<

10:40 am, S&P is down 13.90 points. Could this be the beginning of the long anticipated pullback?

I say go get that gap down around 2040!

High risk, low return stock market, cats and sex... =:-o

This high-risk, low-return stock market has Gross contemplating cats and sex - MarketWatch