Thread: JTH's Account Talk

SPX & Tran have already given us a 50/200 SMA Bearish Death Cross, the Wilshire 4500 should soon follow...

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The cracks in the dike of todays pump&dump are already visible and Europe smells a skonk ( French for Peppa-Le-Pew)

bye bye "rally" I hardly knew ya!

Originally Posted by JTH

IFT EoB today 20G/40C/40S

I don't normally care to do split allocations, but given the recent change in landscape, I'm setting aside some buying power for next month. It will take some significant maneuvering to dig myself out of this -4.82% hole, but I've come back from worse.

IFT EoB Today, 100C

Minor objective met, narrowing the performance gap between myself & the S&P 500 by roughly 1%. Not much I can do at this point, I'll need to stick it out and perhaps time the next top...

Originally Posted by JTH

IFT EoB Today, 100C

Minor objective met, narrowing the performance gap between myself & the S&P 500 by roughly 1%. Not much I can do at this point, I'll need to stick it out and perhaps time the next top...

Ive gotta see more carnage than this myself. bring on some Low-down prices and I will bite.

Originally Posted by JTH

IFT EoB Today, 100C

Minor objective met, narrowing the performance gap between myself & the S&P 500 by roughly 1%. Not much I can do at this point, I'll need to stick it out and perhaps time the next top...

Originally Posted by FAB1

Ive gotta see more carnage than this myself. bring on some Low-down prices and I will bite.

It's all good, at this price point, I've already absorbed a substantial amount of risk, and believe the majority of news is already priced in, nothing more than pruning off some dead branches...

More fool me!

and it appeared to be a pump and dump, you are surprised, no?

I am surprised, yes.

While the major trend is still down, bottoms have to get created somewhere. In the short-term, we have a minor uptrend on the .25% box scale.

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Your in the money today with your 100% C - I probably used my 2-3 lucky timing moves for year and now fear sets in, I'll freeze like Permafrost in the Arctic Circle while everyone else flys to the moon.

help me.

Originally Posted by FAB1

Your in the money today with your 100% C - I probably used my 2-3 lucky timing moves for year and now fear sets in, I'll freeze like Permafrost in the Arctic Circle while everyone else flys to the moon.

help me.

I don't think you need my help, you're doing just fine, much better than most folks

I'm watching for a test of the red trendline...

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So the red line begins at the historic high?

very good analysis!

Originally Posted by FAB1

So the red line begins at the historic high?

very good analysis!

That is correct, it starts at the 20 July top, we've already failed to breach this line at the red circle, and what we do within the yellow circle deserves some caution, it looks like a classic bearish pennant, but you could also argue a case for a bearish Head & shoulders, with an 1820-1860 price objective. It's high risk to be playing at these levels...

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