Thread: Whipsaw's Account Talk

Hmmmmm... I'm thinking the turmoil surrounding the WH is causing concerns and uncertainty... All looked good last week, now, not so much.

Buying opportunity...?

Hard to say... Some discussion of Elliot wave tops, political uncertainty not helping (repeal ocare/taxes taking too long). Dr. F bailed, though many moving in on the AT. Being in, looking for a move upward...

Interesting article, I'm in the bought aggressively category... =:-o

Investors face three deadly mistakes after Trump claims he was wiretapped by Obama - MarketWatch

Its amazing, haven't heard from JTH in months and he's 14, 15 and 16 on the AT, from moves made on 30 Sep 16! Hmmmmm...

Originally Posted by Whipsaw

Its amazing, haven't heard from JTH in months and he's 14, 15 and 16 on the AT, from moves made on 30 Sep 16! Hmmmmm...

Kinda contributes to the buy and hold argument doesn't it...

We are in an overall uptrend. Seems if you stay in you can't lose, unless we have another 2008. But gotta remember that when that major drop happened we had been in a downtrend for a long time and the 20 was below the 50.

Right now, the S Fund is just below the 20 in price, but the 10 EMA is still above the 20 EMA. If it crosses, I will likely exit my positions.

BUT----see how the Slow Stochastic is already below 20. It could drop more, but looks more likely to bounce up..... as long as I see the 10 EMA above the 20 EMA I will stay in.... come on Slow Stochastic I wanna see you start rising. Could this be the buying opportunity so many have been looking for????? Will see... But I do tend to like the C fund more right now when looking at the Weekly charts.


Best Wishes to you all on your investments!!!!!

Signs of life...

So some guy starts yammering about excessive shale oil output tanking the oil market, so there goes the oil market... now it seems we're also in that 'good news is bad news for the market' with the rate hike threat against a stronger economy, so good jobs report - market goes down. On top of that, uncertainty WRT obamacare and associated tax cuts not helping things. Didn't expect to get caught in a down draft like this, looking to the 50 day for a bounce. Would a relief rally be too much to ask for? So far, so good, at least we're green at this point this morning.

Mr. Market giveth and Mr. Market taketh away....such is life!

Originally Posted by ravensfan

Mr. Market giveth and Mr. Market taketh away....such is life!

True... True.