Thread: DreamboatAnnie's Account Talk

So I exited yesterday and am very relieved. I was only in equities 60% last Wednesday when I bought in. Sold 10% on Friday so got a little bit of the high day. I was also in F fund 20% and went up to 30% on Friday so that served to hedge the low exit yesterday. BUT...the Good news is I still pocked about .87 or so with 4 days of risk in the market. Very tough to time it and was a bit off, but this was the first buy in all year. I am glad it did not end in loss.

Looking at charts and thinking of the next buy in. Since SS is moving down and BBs are consolidating, I am thinking price maybe goes down to touch the lower band... but do not know if that will be the true bottom or if it could expand the band to a lower level---depends on oil and its news for now. In either case, it does look like market is now working to form a double bottom---maybe around 1870-50. So plan to enter on that when it happens... maybe in a few more days... early next week??? Then think it maybe ready to want to move up more significantly... but will see... if it did maybe it bounces to around 2000???

okay... just looked at market again... prices starting to rise... hummm... lets see how the day ends and will re-think it again.

Best Wishes to Everyone on your Investments!!!!!!!!!

...yosemite sam...thanks for the laugh DBA.

Your Welcome!!!

Now oil started going up yesterday around 1:30pm (central time) or so. I heard that oil started going up at that time because reportedly the Iranians started talking to producers in South America with Saudi Arabia to possibly come to agreement on limiting production. hum...Great news! But is that real or was that news produced? Is it coincidence that these news leaks happen around 1-2pm each afternoon? The fix is in...its fairly obvious.

I mean really... what time is it in Iran when we are at 1-2pm in the afternoon. Is it midnight there and so that is when we finally hear the rumor? Seems odd. Just seems we are being toyed with and someone is making a ton of coin on this news..to our detriment.

Well we could argue it the other way too. Right now market is rising. So when they get it lined up the next bit of "news" will come out to poke us again.

Originally Posted by DreamboatAnnie

Your Welcome!!!

Now oil started going up yesterday around 1:30pm (central time) or so. I heard that oil started going up at that time because reportedly the Iranians started talking to producers in South America with Saudi Arabia to possibly come to agreement on limiting production. hum...Great news! But is that real or was that news produced? Is it coincidence that these news leaks happen around 1-2pm each afternoon? The fix is in...its fairly obvious.

I mean really... what time is it in Iran when we are at 1-2pm in the afternoon. Is it midnight there and so that is when we finally get the rumor? Just seems we are being toyed with and someone is making a ton of coin on this news..to our detriment.

That's the same suspicion I had around the time they were on again-off again WRT interest rate hikes. Oh, no rate hike soon... market goes up; Oh, might have to hike rates... market goes down. That went on for months...

Glad I got off that roller coaster ride. I cannot even put my arms around the dynamics moving the markets. Whenever I think I have a handle on things...another stone is unturned with something scary underneath it. Lately I have seen some Europe Banks in distress, oil credit market fixing to collapse, Iran dumping more oil on the market, recession, bear market, market correction, oil in the 20s, and so much more. The fact is...the Bull Market is dead...so 11 to 17 percent 2016 market loss is still in play. That is the only true fact on my scope that has solid underpinnings.

Very good video on markets from one of my favorites..Chris Ciovacco. Lots can be learned from this on moving averages and trends. Hope you are having a great weekend! Best wishes to everyone!!!!!!!!

Hi! Here are a few charts I was looking at a bit ago.

DWCPF -S Fund -daily -6 months
Dow Jones U.S. Completion Total Stock Market Index, XXWCPF Advanced Chart - (DJW) XXWCPF, Dow Jones U.S. Completion Total Stock Market Index Stock Price - BigCharts.com


Longer 3 year view...just wanted to see the last time prices were at todays level...Answer: July 2013
Dow Jones U.S. Completion Total Stock Market Index, XXWCPF Advanced Chart - (DJW) XXWCPF, Dow Jones U.S. Completion Total Stock Market Index Stock Price - BigCharts.com

Definitely not the time to be in equities unless you just jumped in due to the down action and you are hoping to gain a little coin on a very short-term "relief" rally, and okay with the high risk.

IMHO... I would not even call these dead cat bounces!

Charts continue to show prices are trending down.
-Slow Stochastics -down sloped below its signla line
-MACD-turning below its signal line again and well below the zero line
-DailyEMAs -10 below 20, 20 below 50 and not shown on chart but 50 below 100, 100 below 200. All lines down sloped
-Bollinger Bands -constricted and look to be bowing out (indicates big action coming) with price below the lower Band
-RSI - below 50 and dropping

Good evening and Best Wishes on your Investments!!!!!!

P.S. This is off topic but looks like bad weather in East....i guess we will see how it effect voting tomorrow...

Good observations DBA. Just trying to figure out when the counter rally begins...I'm thinking somewhere around 1790.

FS

I am not sure when the counter rally starts on the C fund. The price is already at the October 2014 level. Price just started to ride a constricted and looks like ready to expand Bollinger Band... but price is riding the lower band. Slow Stochastic is heading down and not yet hit 20. On the C fund (SPX), MACD is now touching its signal line and changed direction...moving down. RSI also sloped down. I am definitely passing on an entry right now. Could be we have some more down action.... but then again Yellin does speak on Wed/Thurs.... maybe she will try to comfort the market and that could provide a very short term (temporary) rally.

I like to wait until Slow Stochastic at least crosses above its signal line moving up above 20, headed in the right direction with a steep slope up. Also prefer that MACD confirm it by sloping up as well... even if it doesn't quite get to cross above its signal line. Best if it does. But if you were to wait for the MACD to actually cross its signal line, by then the rally is almost dead--two days max. So if you go in a bit earlier, when MACD is up but not yet above its signal line--that would be good... still I would try to stay in only a few days. LOL... Don't get greedy like me....this market is taking more than it gives!!!!! Also, the downtrend/small bear is not yet over and looks like it could morph into a downright ferociously hungry Grizzly.

Best Wishes to Everyone on Your Investments!!!!!!!!!!

S&P 500 Index, SPX Advanced Chart - (SNC) SPX, S&P 500 Index Stock Price - BigCharts.com

Originally Posted by DreamboatAnnie

I am not sure when the counter rally starts. I like to wait until Slow Stochastic at least cross above its signal line moving up above 20, headed in the right direction with a steep slope up. Also prefer that MACD confirm it by sloping up as well... even if it doesn't quite get to cross above its signal line. Best if it does. But if you were to wait for the MACD to actually cross its signal line, by then the rally is almost dead--two days max. So if you go in a bit earlier, when MACD is up but not yet above its signal line... still try to stay in only a few days. LOL... Don't get greedy like me....this market is taking more than it gives!!!!!

Best Wishes to Everyone on Your Investments!!!!!!!!!!

Back in...saw it yesterday...the banks got a bite yesterday before close. Those greedy wall street puppets tipped their hands. Will follow on it.