Re: DreamboatAnnie's Account Talk
Looking at C fund (SPX) definitely see we are entering a short period of consolidation. Bollinger bands have contracted tightly and quickly. The Full Stochastic is at 58.72 per Stockcharts. Was hoping to exit as soon as it hits 80, but not sure it will make it that high given that the last dip only came down to about 36 and did not touch or get below 20. So, I am thinking weak small bounce and with tight range, it might be good time to exit.
I put in IFT to exit 100%to G fund tomorrow....but will see...i might make change to only reduce exposure from 80% to 50%, as my current strategy includes staying in 50% until end of April......but nothing is set in stone....for now planning full exit.
Of course anything can happen with the market, and it could go up with good earnings news this week...hoping i dont exit before a pop up... But oh well.....
Market is now very news driven by sentiments about what will or will not be legislated to help business (Obamacare) and also based on earnings news. I understand this week lots of earnings reports come out primarily regarding housing starts, etc. but at same time Obamacare legislative tinkering also making news that can definitely affect futures.
Best wishes to you all on your investments!!!
Last edited by DreamboatAnnie; 03-19-2017 at 08:00 PM.
"Great thoughts speak only to the thoughtful mind; but great actions speak to all mankind." - Theodore Roosevelt All comments are informational only; not financial advice--- DBAnnie