Thread: clester's Account Talk

Originally Posted by clester

So, The C and I funds have buy signals. I'm thinking maybe I should split my funds among them. S fund failed to regain its 50 dma so it's a sell.

I have one buy IFT left. Should I use it today?

I was thinking the same thing...but still have some serious hang-ups with the I. I am S right now but am thinking of going C today. This is so damn hard to play with only 2 moves!!!!!!

Originally Posted by Mcqlives

I was thinking the same thing...but still have some serious hang-ups with the I. I am S right now but am thinking of going C today. This is so damn hard to play with only 2 moves!!!!!!

Japan is closed until Thursday so that affects the I too. I'm gonna wait to make a move. If C fund could break out I'd feel bettering or if I fund would test its 50 dma

Originally Posted by clester

Japan is closed until Thursday so that affects the I too. I'm gonna wait to make a move. If C fund could break out I'd feel bettering or if I fund would test its 50 dma

Current trend lines break on the 3 month daily we're looking at quite a correction imo. $COMPQ, $INDU, $SPX for example. Looks like $RUT has been taking the lead. Short term trend breaks we're looking more towards 200dma support on many. Like some have mentioned, media throwing fear for the most part imo. Who knows.

Originally Posted by BooDog

Current trend lines break on the 3 month daily we're looking at quite a correction imo. $COMPQ, $INDU, $SPX for example. Looks like $RUT has been taking the lead. Short term trend breaks we're looking more towards 200dma support on many. Like some have mentioned, media throwing fear for the most part imo. Who knows.

The trend lines are sure stretching the intermediate term more to the downside than the up. I'm keeping my fingers crossed that I did not make a mistake letting it rid ein the S today.

Originally Posted by Mcqlives

The trend lines are sure stretching the intermediate term more to the downside than the up. I'm keeping my fingers crossed that I did not make a mistake letting it rid ein the S today.

I fund getting close to the 50 dma. I'm looking to buy but I think I may wait til Japan reopens. So maybe Friday

I'm with you Clester. Slow and steady....I really don't want to be point man in this market.

FS

Doom and gloom is what I'm hearing everywhere. sell in May!

A certain amount of it is a self fulling prophecy. I believe the market has a ways to go yet. Rally should last though June or July. I expect a correction in say September which is opposite from sell in May. This is just my opinion.

As for the system, S fund is a sell, C fund is a buy but is at the 50 dma and has a warning flag. I fund is a buy and close to testing its 50 dma which would be a buy signal. Only if it didn't hold it would it cause a warning or sell.

All in all, thing are still good but there is a caution flag flying. I plan on buying I fund now with my last 25% this week.

I fund had a fair value adjustment it seems to our good this time.

Originally Posted by clester

Doom and gloom is what I'm hearing everywhere. sell in May!

A certain amount of it is a self fulling prophecy. I believe the market has a ways to go yet. Rally should last though June or July. I expect a correction in say September which is opposite from sell in May. This is just my opinion.

As for the system, S fund is a sell, C fund is a buy but is at the 50 dma and has a warning flag. I fund is a buy and close to testing its 50 dma which would be a buy signal. Only if it didn't hold it would it cause a warning or sell.

All in all, thing are still good but there is a caution flag flying. I plan on buying I fund now with my last 25% this week.

I fund had a fair value adjustment it seems to our good this time.

I fund might take back that fair value it gave us yesterday and take it away today. Still waiting on Japan to trade tomorrow and jobs Friday is looming. I expect to buy my last 25% tomorrow or Friday

Originally Posted by clester

I fund might take back that fair value it gave us yesterday and take it away today. Still waiting on Japan to trade tomorrow and jobs Friday is looming. I expect to buy my last 25% tomorrow or Friday

I like the falling dollar trend and what Russia is doing will probably weaken it even further short term. I'm rolling the dice and going I now. And to clarify...I am at about 2.5% gain for the year after April got me...so I am not making great money so far.

Originally Posted by Mcqlives

I like the falling dollar trend and what Russia is doing will probably weaken it even further short term. I'm rolling the dice and going I now. And to clarify...I am at about 2.5% gain for the year after April got me...so I am not making great money so far.

Make that 2.59%

C fund now below the 50 dma and S fund is firmly below so there is a caution on both. But they are in bull market so not a total sell signal,

I fund is the best stock fund right now. Above its 50 dma and in bull market. So, thats why I'm in it. I have 25% dry powder and I'll be looking to add to the I fund. Probably still looking at tomorrow though. Just to wait on the jobs report.