Thread: clester's Account Talk

Originally Posted by clester

Sell the rip today IMO.

C fund and I fund are buys though in my system. C fund needs to make a new high for a good buy signal. S fund and F und are sells.

I fund looks good as it has broken out and retested the breakout.

Of course when I get out of the I fund, it starts looking good. Every time my funds get around a certain balance, I lose 3-4% several times this year.

I can relax a little bit concerning my tsp account as it looks like the rental business will be very lucrative in the years to come.

bjean

I was joking about the I fund but not the money.

My long term outlook is still intact. That's for a sideways move until June when we could get another good pull back.

My system is still a buy on C and I funds and sell on S and F funds.

I'm playing my long term view and waiting for June.

Originally Posted by clester

My long term outlook is still intact. That's for a sideways move until June when we could get another good pull back.

My system is still a buy on C and I funds and sell on S and F funds.

I'm playing my long term view and waiting for June.

Thanks for the update Craig. The market sure has been acting crazy lately.

Originally Posted by jkenjohnson

Thanks for the update Craig. The market sure has been acting crazy lately.

I think we're in a sideways consolidation until it breaks lower. Seems we always get a volatile crazy acting markets near tops and bottoms. Wouldn't be surprised with a late day sell off.

Originally Posted by clester

I think we're in a sideways consolidation until it breaks lower. Seems we always get a volatile crazy acting markets near tops and bottoms. Wouldn't be surprised with a late day sell off.

Short squeeze on small caps! Get'em all to cover the sell and screw'em again. Thats the game.

Santelli Exchange: When the market will top - CNBC

Demark calls for a top when we hit a new high.

Surprise, everyday all week could be new highs being printed. I'll gladly take the warm fuzzy gains.

Low readings in the VIX simply denote an expectation that significant moves, either up or down, are unlikely over the next 30 days. Low VIX readings don't always translate into imminent selloffs. The VIX Index traded between 10 and 20 for the better part of the bull market that undolded between 2003 and 2007. So don't fear a low and going lower VIX.

Yesterday didn't change anything for for my system. Still buy on C and I funds and sell on S and F funds.

But, C and I funds did break out to new highs. S fund is still below 50 dma but nearing it from below. If we break 1900 on S&P we could get more of a rally and my long term view could be out.

Originally Posted by clester

Yesterday didn't change anything for for my system. Still buy on C and I funds and sell on S and F funds.

But, C and I funds did break out to new highs. S fund is still below 50 dma but nearing it from below. If we break 1900 on S&P we could get more of a rally and my long term view could be out.

Get a biscuit ready clester. I'ts time to sop up some gravey...