Thread: DreamboatAnnie's Account Talk

My guess for tomorrow (Yen-up, Dollar-down, Oil-Up, Banks-Up, Fed-neutral) time for the BULL-IEVERS to come out.

FS

Yep... I have been trying to stick more with the technical indicators but market has a billion moving parts and sometimes the news is just as good!!! Best wishes to you FTC!!!

Originally Posted by felixthecat

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.

The Trend can be your Friend if you can recognize it's there.

That is where I'm at I'm down about 15% since the height. It's too late to back out now so I'll keep buying.

Originally Posted by DreamboatAnnie

Since its height in June 2015, the C fund (SPX) has lost about 13.17% to date. So that is how much a buy and holder would be down during that period. This is not yet considered "correction" territory. (Note: Figures used: 2125 compared to market now at 1845, difference -280 drop) So if C fund is going to catch up with S fund, it still has a ways to go---but another way to look at it is that it is the stronger of the two funds. Also, I think I heard last year that S fund typically falls before C fund. So are we on our last leg before the big drop???? Humm.....


Since its height in June 015, the S fund (DWCPF) has lost about 24.94% to date. So that is how much a buy and holder would be down during that period. In my book, this is definitely in "correction" territory. (Note: Figures used: 1140 compared to market now at 855.73, difference -284.27 drop)

Fed's Yellen cites global risks but says U.S. should motor through

chris 1 minute ago
I'll make her speech in layman's terms.
"We'll raise the rate, if any downside risk happens, it's caused by global weak economic outlook, especially from china, not us. So all decision we're going to make, is necessary, and don't blame us."

Motor through?

So this old fossil sees us putt-putting our way across the Dust Bowl in an old Model-T to some dream financial Oasis??

A truly Useless woman.

Happy Motoring!!

Originally Posted by FAB1

Fed's Yellen cites global risks but says U.S. should motor through

chris 1 minute ago
I'll make her speech in layman's terms.
"We'll raise the rate, if any downside risk happens, it's caused by global weak economic outlook, especially from china, not us. So all decision we're going to make, is necessary, and don't blame us."

Motor through?

So this old fossil sees us putt-putting our way across the Dust Bowl in an old Model-T to some dream financial Oasis??

A truly Useless woman.

Happy Motoring!!

Agreed. "Elections have consequences."

Frank

Yellin will be speaking again tomorrow. Believe she goes before a Senate committee. Wonder if they will ask her if December rate hike was mistake, and about legality of negative rates.

Well... I am thinking to enter today, but I really do not like it.

If I go in it would be 50%C/ 50%F as I only have 1 IFT left this month. Since I would be using it with thought to get out in a few days, I could exit from C and leave the rest in F for the remainder of month.

So, now what? I don't like this short rally because I think part of it is due to Saudi Arabia and Russia talking about a freeze (not a drop in production). Then, I understand they will be meeting with Iraq and Iran on Wednesday. Supposedly it is not expected to go good because Iran has so far refused to cut its already low production level. Since it has not been allowed to trade in so long they are looking to increase production... so prospects on that front are not the greatest. Inventories for oil come out in a report on early Wednesday morning... that has been affecting market each week as well.

Uggh... tough decision this morning. Looking at charts, C fund has Slow Sto and now the MACD with todays action moving upward. Slow Sto at 60 and MACD is well below zero but just now crossing its signal line upward. So this is the same boat we were in a couple weeks ago on the last buy in but we exited one day too late or early depending on when you executed.

Still thinking about it. No matter how you look a this it is high risk. Not sure I like the odds. But could be our last play for equities this month. hum........

Best wishes to everyone on your investments!!!!!!!!!

Okay.. and now I look at chart and see that price is almost up to the 20 day EMA. That looks like resistance to me. Not to say it couldn't go through it like butter but my point is that in looking at width of Bollinger bands we are nearly to the mid-point. So that tells me likelihood is that price goes up just a bit more and then goes back to hit a lower low. (I.e. as long as we are still seeing this as a downtrend overall). Starting to veer away from entry today.... but still have time to mull it over.

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

okay... confirmation as far as I am concerned. Not entering today... still thinking about just entering F fund though, but probably will not do that as it would rob me of any ability to enter equities for rest of month. I should have stayed in F fund earlier this month when I exited the equities. Will need to remember that for next time.

Here is the Intraday- 5 minute chart on C fund (SPX) and it does show the price is now reversing .... looks like it hit resistance at 1887 just a few points below the 1890 20-day EMA.

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

Originally Posted by DreamboatAnnie

okay... confirmation as far as I am concerned. Not entering today... still thinking about just entering F fund though.

Here is the Intraday- 5 minute chart on C fund (SPX) and it does show the price is now reversing .... looks like it hit resistance.

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

More shenanigans with oil glut isn't helping either.

Good luck,

Frank