Thread: clester's Account Talk

Originally Posted by clester

S fund RSI closed at 27 so its in a buy range and if we get a bounce tomorrow I'll move from C to S or maybe even I fund but USD will be a problem for it.

I was thinking the same thing. I must be getting better at this.

Originally Posted by clester

Tomorrow is the end of the month and end of quarter. Any selling based on that should be over. C fund is holding at the 50 dma after a dip below which is good news. I expect a volatile day tomorrow but starting Wednesday (Oct 1) the 4th quarter rally should get going!

Not much of a rally today.

Originally Posted by clester

S fund RSI closed at 27 so its in a buy range and if we get a bounce tomorrow I'll move from C to S or maybe even I fund but USD will be a problem for it.

It's slightly above 50sma and RSI is less than 30, so your system signals a buy if I remember correctly.

Originally Posted by jkenjohnson

It's slightly above 50sma and RSI is less than 30, so your system signals a buy if I remember correctly.

Rsi below 30 then an up day is a buy that overrides all other signals. In a bull market its a 100% allocation. S and I funds are there. C fund is in the 30s so the bounce is imminent.

Rsi below 20 is a buy in any case even without a bounce.

Originally Posted by clester

Rsi below 30 then an up day is a buy that overrides all other signals. In a bull market its a 100% allocation. S and I funds are there. C fund is in the 30s so the bounce is imminent.

Rsi below 20 is a buy in any case even without a bounce.

U going 100S today? Never mind I just saw the answer. 50sma breached.

Originally Posted by jkenjohnson

U going 100S today?

I would like to but the bounce faded so far. The I fund is about to have a death cross crossing over to bear market.
So, I will be vary careful getting in there. C fund has a little to go to get to RSI of 30 and we're in a downtrend in all markets.

Maybe S fund will hit RSI 20. If so I will buy no matter what.

Originally Posted by clester

I would like to but the bounce faded so far. The I fund is about to have a death cross crossing over to bear market.
So, I will be vary careful getting in there. C fund has a little to go to get to RSI of 30 and we're in a downtrend in all markets.

Maybe S fund will hit RSI 20. If so I will buy no matter what.

The bounce is here! Reversal yesterday and up today means my system says buy S fund. It should get to at leadt the 50dma on this run and hopefully bust on through. C fund has been stronger so it may not need a drop to rsi of 30 and can rise with tge S fund. Im still weary of I fund since tge death cross is imminent even with a rally.

I had thought about moving to S fund but C is performing as well right now. Looking for a run back up to new highs! Fairly low risk trade at least up to the 50 dma.

Originally Posted by clester

The bounce is here! Reversal yesterday and up today means my system says buy S fund. It should get to at leadt the 50dma on this run and hopefully bust on through. C fund has been stronger so it may not need a drop to rsi of 30 and can rise with tge S fund. Im still weary of I fund since tge death cross is imminent even with a rally.

I had thought about moving to S fund but C is performing as well right now. Looking for a run back up to new highs! Fairly low risk trade at least up to the 50 dma.

Gracias amigo

Originally Posted by clester

The bounce is here! Reversal yesterday and up today means my system says buy S fund. It should get to at leadt the 50dma on this run and hopefully bust on through. C fund has been stronger so it may not need a drop to rsi of 30 and can rise with tge S fund. Im still weary of I fund since tge death cross is imminent even with a rally.

I had thought about moving to S fund but C is performing as well right now. Looking for a run back up to new highs! Fairly low risk trade at least up to the 50 dma.

Nice follow through today with C fund regaining the 50 dma. C fund is performing on par with S fund since the bounce so I'm not going to waste a trade swapping over and S fund will have some resistance at the 50 dma which it should make it at least to that point.

I expect a pretty continuous rally though for a while. Looking to make new highs on C fund.

Originally Posted by clester

Nice follow through today with C fund regaining the 50 dma. C fund is performing on par with S fund since the bounce so I'm not going to waste a trade swapping over and S fund will have some resistance at the 50 dma which it should make it at least to that point.

I expect a pretty continuous rally though for a while. Looking to make new highs on C fund.

I hope you are right buddy.

I'll be happy if the S fund makes up half it's losses from last month.