Thread: clester's Account Talk

Well my RSI targets haven't been hit so I'm in for next month. I would rather be in C or S funds but not ready to use a trade just for that. The euro is going to hurt the I fund as it works lower but its due a bounce.

If you still had an IFT for August why didn't you use it to rebalance to C or S? Friday was your last chance. Use it or lose it.

Originally Posted by Cactus

If you still had an IFT for August why didn't you use it to rebalance to C or S? Friday was your last chance. Use it or lose it.

I could have but I'm expecting a sell signal soon and jumping around funds gets me in trouble a lot.

I can relate to that.

No problems yet and I still have buy signals on all stock funds. C and S are looking good and still below RSI of 70 and above 50 dma. I fund is still in limbo because it hasn't gotten above its 50Dma yet but still looks OK. Its a little scary seeing the topping tail that has developed today esp on S fund but my system doesnt look at that.

Originally Posted by clester

No problems yet and I still have buy signals on all stock funds. C and S are looking good and still below RSI of 70 and above 50 dma. I fund is still in limbo because it hasn't gotten above its 50Dma yet but still looks OK. Its a little scary seeing the topping tail that has developed today esp on S fund but my system doesnt look at that.

Nice pop over the 50 dma for the I fund. C and S have a little further to go before they get to overbought via RSI over 70. I give the S fund a little more leeway so it can go up to 80.

Europe getting big bounce in their stocks due to Draghi but the euro is completely offsetting gains. I fund probably won't go up too much today.
But euro is way oversold so I expect it to bounce soon. Hope it holds 1.30

Originally Posted by clester

Europe getting big bounce in their stocks due to Draghi but the euro is completely offsetting gains. I fund probably won't go up too much today.
But euro is way oversold so I expect it to bounce soon. Hope it holds 1.30

C fund has RSI this morning of 67.7 and a 70 is the sell 50% trigger. Still looks like another 10 points or so up to 2020 ish. S fund at 66 has plenty of room and I fund just getting above 50 dma with plenty of room for upside with RSI at about 58.

Originally Posted by clester

C fund has RSI this morning of 67.7 and a 70 is the sell 50% trigger. Still looks like another 10 points or so up to 2020 ish. S fund at 66 has plenty of room and I fund just getting above 50 dma with plenty of room for upside with RSI at about 58.

The euro is killing I fund. -1.58%. It is way oversold and euro stocks up almost as much so they cancel out. Euro should bounce or at least stabilize.

Originally Posted by clester

The euro is killing I fund. -1.58%. It is way oversold and euro stocks up almost as much so they cancel out. Euro should bounce or at least stabilize.

I fund could not hold the 50 dma. The S fund failed near it's last high. The C fund is testing its breakout from its last high.

However, C and S funds are above their 50 dma and I fund is near its 50 dma. All RSI's are in good shape because they never reached the 70 level (sell trigger). As long as the C and S hold above their 50 dma they are still a buy. I fund is in no mans land (neutral to negative since it failed at the 50dma). I am considering a move to C or S funds since they are both above the 50dma.

Originally Posted by clester

I fund could not hold the 50 dma. The S fund failed near it's last high. The C fund is testing its breakout from its last high.

However, C and S funds are above their 50 dma and I fund is near its 50 dma. All RSI's are in good shape because they never reached the 70 level (sell trigger). As long as the C and S hold above their 50 dma they are still a buy. I fund is in no mans land (neutral to negative since it failed at the 50dma). I am considering a move to C or S funds since they are both above the 50dma.

Decided to move to C fund due to reasons above. It is also performing the best YTD. Looking for its RSI to get to 70 to sell 50% which should be a couple of percentage points higher.