Ring it in! I appreciate your insight that you give, looking forward to following you into the New Year in the "S" fund. All in!
Who's excited to start the new year!
Ring it in! I appreciate your insight that you give, looking forward to following you into the New Year in the "S" fund. All in!
Ditto. I've very much appreciated your posts, sharing thoughts, analyses & insights. (and of many of the other "regulars" including Uptrend, Birchtree, TSP-daily & weekly, NNut, etc. etc..... THank You so much. May you (and y'all) have a Blessed & profitable 2015.
I'm excited and appreciate your posts! Wishing everyone a Happy New Year!
End of year report card: D-
I'm going to clear a few things up, acknowledge it publicly, then move forward
1) My performance this year sucked, I was beat by the G-Fund by .03%
2) I was invested in the G&F funds 57% of the time this year, you can't beat a bull market being under-invested.
3) For me, this really wasn’t a year about the lessons learned, this was a year where the lessons learned weren’t applied
JTH
You inspire me. "Lessons learned weren't applied" is a powerfull statement. I would like to "face my dangers" in '15...
CURRENT ALLOCATION: 100% I AS OF C.O.B. 5/22/2017
Thanks everyone, this community has always been the best thing about this forum, the people here make it a pleasure to be here, making the work we put in well-worth the effort.
Lucky for me, for 2015, I've focused on time-consolidation, and have managed to increase output while decreasing the work load. I very much look forward to 2015, the pump is primed and I'm ready to forge ahead and slaughter these markets...
Warning: The NASDAQ 100 is on it's 3rd down day, and has failed to make a higher high than the previous high from late November.
Attachment 31812
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Warning:
Wednesday the Transports Triggered a minor Double Top Breakout, the 2nd buy signal in 7 days. It was able to trigger another buy signal because (unlike the other indexes) it created another column of Os before the other indexes did. After the 29-box X,1 column, it pulled back just enough to trigger a 3-box column of Os at O,1. From there, it triggered the minor Double Top Breakout, then pulled back immediately, hinting at a Bull Trap.
The good news is that it is the first index to have an uptrend, with 2 higher Xs and 1 higher O. The bad news is (based on current prices) it has already triggered another column of Os and will signal a Bull Trap/Double Bottom Breakdown at the open. I'm not sure how this will work out, if the Transports gap up at the open, it may avert the bearish price reversal.
Attachment 31813
Attachment 31814
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Since I've been posting mostly PnF charts, I wanted to put some things out in the open.
If you use PnF signals to make trades, you will not outperform the markets. I've done some rudimentary back-testing and found the results to be underwhelming. Under TSP's conditions, I suspect the results are worse due to both the IFT restrictions and the 12:00 noon time gap between IFT initiation and execution.
Here is a study I came across that confirms my own analysis.
Testing Point & Figure Patterns
Having said all that, I'm still going to post PnF charts because I'm not necessarily interested in the signals themselves, but more interested in watching the what the PnF charts offer, and that is the ability to watch key price levels.
Attachment 31815
S&P500 (C Fund) (delayed) (Stockcharts.com Real-time) |
DWCPF (S Fund) (delayed) (Stockcharts.com Real-time) |
EFA (I Fund) (delayed) (Stockcharts.com Real-time) |
BND (F Fund) (delayed) (Stockcharts.com Real-time) |
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Yahoo Finance Realtime TSP Fund Tracking Index Quotes |
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