I also feel that the F Fund is due a good day. I won't stay there long.
Spending the Holidays at the beach with my Marine. So I'll be hands off the account until the new year (I might check the action ocassionally
Finding this site was a bonanza for me this year. Hope things go as well in 2007. I've learned a lot with much more to learn. Happy Holidays!
I also feel that the F Fund is due a good day. I won't stay there long.
Nice to see any early bounce from yesterday.
Still holding:
C 20%
S 40%
I 40%
Will hold out until tomorrow then may go with Trader Fred's call.
AIF
I've missed a couple of days of nice gains. I hope there's some upward momentum left.
AIF
Expect a dramatic move in the major market averages - next week. During the 3rd year of the Presidential Cycle the SPX has been up 78% of the time with an average return of 2.4%. The last time the SPX was down in April was during the Presidential Cycle in 1987. Elliott methodology suggests that we are in a degree higher third wave than that of the 1950's. The 1950's was an Elliott third wave for much of the decade. Much more to come.
For C,S,I the indicators I watch show:
Twiggs Money Flow Daily - Showing a downward direction.
Directional Movement System Daily - Showing a downward direction.
Stochastic Daily - At the top and may be ready to fall.
MACD Daily - Near the top and may be ready to fall.
I'm moving out of these funds for a day or two.
For the F Fund:
Twiggs Money Flow Daily - Showing an upward direction.
Directional Movement System Daily - Showing a positive direction.
Stochastic Daily - At the top (may be ready to fall).
MACD Daily - Turning up.
This thinking has failed me before but who knows!![]()
AIF
G 24%
F 0%
C 0%
S 38%
I 38%
May be riskey but I've gotta try to get a little back that I got whipsawed out of.
Good Luck All,
AIF
All I baby!!!![]()
And of course the rebound has to come while I sit on the lilly pad licking my wounds!![]()
I guess this is the same scenario I seem to be getting caught up in regularly. Bottom Drops out - I panic and bail to the safer funds for the next day - Big rebound but I miss it.
Oh well.
AIF
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S&P 500 (C fund) 1d 5d 3m 6m 1y 2y | Dow Completion (S fund)
| EFA (I fund) 1d 5d 3m 6m 1y 2y | Bonds (F fund)
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