Thread: DreamboatAnnie's Account Talk

Originally Posted by DreamboatAnnie

Exuberance in France so pocketing some coin. Processed IFT.. now at 40%S and 60%G.
Exited C and I completely.

Best wishes to Everyone on your Investments!!!!!!!!!

I am thinking that any announcement of the tax cuts will be a sell the news event since the markets have gapped up. What are your thoughts? Thanks for your postings.

Originally Posted by rspring

I am thinking that any announcement of the tax cuts will be a sell the news event since the markets have gapped up. What are your thoughts? Thanks for your postings.

I think I agree with you.

Originally Posted by rspring

I am thinking that any announcement of the tax cuts will be a sell the news event since the markets have gapped up. What are your thoughts? Thanks for your postings.

Hi Rspring, I just dont know. I am hoping the market will like it! But no telling what others in GOP (i.e. Paul Ryan) might say to dampen the effect. Last weeke, when It was announced a plan would come out the market did not seem to a react greatly, though it did recover some from intraday lows but still ended red. So i guess its about the details but more so the timeline If market doesnt believe it or even if it thinks pessimistic about it not happening this year, then watch out.

Earnings are coming out each day and look good, but that tax plan is critical.

Agreement on Healthcare repeal and replace is big too since the thinking seems to be it could allow more dollars for the tax cuts, but its still about the details. If the healthcare mandates to pay insurance companies to stay in program by paying them for the major costs/shortfalls they experience (more costs/lossesas Obamacare starts to implode) and if those who are uninsured are hit with big penalties that are coming in, and if those who are insured are to pay those big premium increases, then i think it could drop market. Will just wait and see, but there are a lot of IFs... Uncertainty. I think the mandates to pay insurance companies to cover their losses and continue coverages, is almost a certainty for a year or so, even if it is replaced. Gotta keep coverages for people during a 1-2year transition period. Its too big a program to not do that.

While I would love to stay in longer, i am contemplating lessening exposure further if it looks like a great up day. If it drops tomorrow, I may stay in longer until better news or an up day comes along. With only 40% in S fund right now, I am comfortable...for now. But i would like to stay in longer in hopes of more gains.... ..thing is I really dont want to miss gains next week, but I also do not want to burn my first IFT next week by exiting. Gotta think about that.

Lots of Earnings coming out each day this week into next week....but then France votes May 7th, so thought is to be out by early-mid next week at latest. If more polls come out showing a shift to LePen, then that could drop markets next week. Then again, i dont want to burn an IFT next week to exit in May. This week I can continue divesting and going into G fund bit by bit...unlimited IFTs to G fund once you burn your first 2 IFTs during this month. But looking at charts each day...momentum is up so will still look at charts each day. As for the gap, no telling when that will hit.

Good night and Best wishes to you and everyone on your Investments!!!!!!!!

P.S. Thers is also Puerto Rico. I understand a big debt payment comes due May 1. Have not heard much about that lately. So another possible monkey wrench! Yes, i know...im hoping all goes well. Where is Birchtree's optimism when you need it? Lol....

Woo... hooo!!!! So now what?

Reduce exposure???? or keep hoping the rocket ship is not stopping anytime soon?????

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

P.S. Will make decision on reducing exposure a bit more in the next 15 minutes. This is a tough call but 3 days up.... ahhhhh...

Decision made. Even though 3 days of upward momentum, I am staying in. There will be a gap down---though no telling when. But I am comfortable with the 40% in right now. I think it has more steam left ...but expect to see it get a little more volatile when it starts to consolidate. Do not want to fight the momentum. These Charts are what I have been DREAMIN of!! SO I will enjoy it! Maybe exit tomorrow or Friday or next week or so. Will see how the wind is blowing....... Don't have access to business news right now, but noticed price is starting to drop (intraday) ever so slightly now. Not sure what the afternoon will bring.... could be a totally different critter by then!! But happy for now!!

So momentum is still to the upside. Lots of news could affect market. So still debating partial if not a complete exit... I really do not want to exit with momentum up as I did get in near start of this latest rally. A few big ones report today (Alphabet, Amazon) and one more really big one... forget... plus tons of others. Reportedly good possibility of healthcare vote maybe Friday or Saturday. Still the momentum is what is great. Then again the problem is that the momentum is great. Is market too exuberant?? Is it time to exit? Will prices fade Friday afternoon if I wait until tomorrow? Who knows.... ?

May reduce exposure and pocket a little more today. Maybe go G-80, S20 to pull another 20% out of S. Will see.... seems very conservative, but then again ... I am.

But I would just like to stay in... I still think this market has a little more juice... just not sure I want to risk it... so leaning towards at least that partial exit. Typically my strategy says to get out 2-3 days after a candle wick touches the 20 EMA line after having been within the 10 EMA trend channel on strong upward momentum (which this is) but I do not know if I will follow it this time. Bad.. Bad... Bad.

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

Decision made... reducing exposure to 20%S and going into May with that allocation until the Strategy exit is triggered. Rest in G fund. I feel comfortable with that. Someone said something about taking little bites... oh wait... maybe that was poker!!!

Hi, So, I've been out of sorts lately. I'm sorry. I am much better. I hope you all are doing well.
Wishing you a peaceful and happy weekend.

Best wishes to you on your Investments!!!!!!!

P.S. will hopefully post some this weekend...

Good morning! I've been enjoying the short and concise training videos on indicators on the Stock Market Strategy website. Really good tips!

This one is on Stochastics. Definitely worth listening to this 7 minute video, as well as all others on this site! Just click on video link after you get to link below. Best wishes!
Get your coffee ready... and enjoy!

Stochastic
https://www.stock-market-strategy.co...als/stochastic

Moving averages
https://www.stock-market-strategy.co...ng-averages-ma

Length of MA
https://www.stock-market-strategy.co...uld-i-be-using

MACD
https://www.stock-market-strategy.co...ivergence-macd

Bollinger bands
https://www.stock-market-strategy.co...ollinger-bands

20170507_161541[1].jpg

.. so got to go hear a blues/rock band in downtown Austin today. Band: Rochelle and the Sidewinders. Rochelle has a MAGNIFICENT voice. Band has awesome lead guitar and sax player. Went with a friend.. had a few Lemon drop shots, Lemon drop martinis and Mexican Martinis. ha ha.. the band commented on the party style when we sat down and in a few minutes had delivery of shots and martinis. Very good time!

But the band topped it all .. Rochelle had pipes as strong as Aretha and Chaka Kahn. They sang their own tunes plus stuff by 60s-70 bands including Van Morrison, James Brown, etc but all sung in blues and soulful way. There is nothing like great music to lift your spirits!!!

So going back for Mother's Day afternoon and dinner at Truluck's next Sunday! Bringing sons so they can hear this awesome band! Nice outdoor venue on 5th street, Austin.

Best wishes to everyone and hope you are having a wonderful Sunday and Weekend!!!!

Hi, Many years ago, I took a management class. Took all kinds of tests, but what I remember is that it said I was not high in resilience. I never could understand what that meant. But I think I do now. It is like you can't change your thinking or emotions on a dime. It takes a little time.

So, I'm not as fast as others in resolving or accepting changes. And when others are involved, they need to have a little more patience with me for things to work out. But Things eventually can work out well! But often I need that chance.

So, the market has no patience. It moves like lightening. It waits for no one. Analyzing charts must be done carefully and pretty quick to take advantage of a fast market, but I've been moving too slow. So I guess I need to work on that, if its not too late.

I hope i get the chance to rework strategy and turn my stuff around into a win-win. Will see....

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