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Thread: FogSailing's Account Talk

  1. #913

    Default Re: FogSailing's Account Talk

    I had to reduce exposure. So now at 60G and 40S as of COB today. Took out the 15% I had in I fund. Agree charts looking better at this point but attribute to French exuberance plus earnings are coming in pretty good and more this week. But I expect politics to damper that..later this week...?? Hummmm ... still in enough to make some gains if it goes up further. Trying to not be too greedy!! . But that's so hard!
    Don't take my comments as trading advice /IFT: 2-13-24=100G/https://www.theepochtimes.com/ & http://www.ewg.org/PermaCharts@p430#5159/strategy#4918p.410

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  3. #914

    Join Date
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    Default Re: FogSailing's Account Talk

    Quote Originally Posted by FogSailing View Post
    Hi TS. I was counting this as the last c wave of a double abc of a C wave of Minor 4. I expected a bigger pullback...at least to 5%. Looks like my wave counting still needs work. Based on this mornings action it looks like Minor 4 may have ended at 2322-29. Hate to miss the gains but could now be headed to new highs. We'll see if SPX closes above 2378. If it does I expect 2400-2420. If not, this could prove interesting.

    FS
    FS - We still could see that lower low you expect in May, after a peak in the next week or so. Gunner's scenario could be the path...

    2304017

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  5. #915

    Join Date
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    Default Re: FogSailing's Account Talk

    Here's an interesting chart in SPX. The patterns look similar. Just FYI.

    spxpattern.jpg

    FS
    FogSailing
    Try to learn something about everything and everything about something.

  6.  
  7. #916

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    Default Re: FogSailing's Account Talk

    Watching the Yen\Dollar today. The Yen was above and stayed above the 100 Day MA after the Trump victory until about 5 weeks ago. Now it's moving back above toe 100 Day MA again. Don't know if this is a short term play to suck in new buyers. Possibly because it could float the market higher for a "short" period. I expect a correction if\when the Yen declines under the 100 MA. Tried to include graph but can't having problems with my computer. Just FYI.

    FS
    FogSailing
    Try to learn something about everything and everything about something.

  8.  
  9. #917

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    Default Re: FogSailing's Account Talk

    Still holding. SPX is a jittery place right now. Several traders are saying if it can break above 2414 it can extend to 2444. Here's a graph of where we are:

    spx.jpg

    FS
    FogSailing
    Try to learn something about everything and everything about something.

  10.  
  11. #918

    Join Date
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    Default Re: FogSailing's Account Talk

    FogSailing
    Try to learn something about everything and everything about something.


  12.  
  13. #919

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    Default Re: FogSailing's Account Talk

    Some thoughts from Amateur Investor:

    Stock Market Analysis for the Nasdaq

    FS
    FogSailing
    Try to learn something about everything and everything about something.

  14.  
  15. #920

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    Default Re: FogSailing's Account Talk

    I have been a member of NARFE for almost 20 years. I can tell you I am worried about the budget attacks on our retirements and benefits. If you are not a member, I strongly recommend you consider joining. NARFE does an excellent job of fighting for federal employees and retirees. Here's a link to NARFE.

    Protect Your Earned COLA

    https://www.votervoice.net/Shares/BO...C44MAqn-wQ7FAA

    FS
    FogSailing
    Try to learn something about everything and everything about something.

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  17. #921

    Default Re: FogSailing's Account Talk

    fog, you have to take shield maiden to see wonder woman. trust me.
    100g

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  19. #922

    Default Re: FogSailing's Account Talk

    Quote Originally Posted by FogSailing View Post
    I have been a member of NARFE for almost 20 years. I can tell you I am worried about the budget attacks on our retirements and benefits. If you are not a member, I strongly recommend you consider joining. NARFE does an excellent job of fighting for federal employees and retirees. Here's a link to NARFE.

    Protect Your Earned COLA

    https://www.votervoice.net/Shares/BO...C44MAqn-wQ7FAA

    FS
    Yeah thats a bunch of ****


    Sent from my iPhone using Tapatalk Pro
    Is today Saturday again?

  20.  
  21. #923

    Join Date
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    Default Re: FogSailing's Account Talk

    Here's a few graphs on SPX, Oil, and Gold to put in the thinking tank..

    spx.jpgoil.jpggold.jpg

    FS
    FogSailing
    Try to learn something about everything and everything about something.

  22.  
  23. #924

    Join Date
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    Default Re: FogSailing's Account Talk

    The dollar has been pulling back for a while. The question is "Does it bounce, or is it watch out below?"

    dollar.jpg

    FS
    FogSailing
    Try to learn something about everything and everything about something.

  24.  
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