Thread: JTH's Account Talk

But then we bounce to 2250 right?

Originally Posted by rktect1

But then we bounce to 2250 right?

Post labor day could be our saving grace (or not) but there is a small unfilled gap at 2035.94

Watching this with much interest. If market bottoms around 1920 today (& not lower) could the so called post holiday rally start sometimes today?? And if so will that descending red line act as resistance assuring only a brief recovery?

Which would lead to massive break down in the 1850-1820 range...

Don't wanna buy a sucker's rally... Hum.

Originally Posted by JTH

Yummy, it looks like we'll re-test the lows...

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And what would serve as the catalyst to breeze past the red resistance line??

Threes a Charm??

Originally Posted by FAB1

And what would serve as the catalyst to breeze past the red resistance line??

Threes a Charm??

I would suspect we'll need to shake out more sellers with a "fakeout" breach of the green trendline, creating a vacuum of space for the buyers to occupy. From there we could make a run for the red trendline, perhaps on Tuesday.

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Of course the shake up or shakedown! wont occur until after 12:00 that's why I love TSP....

TA DA!!

Originally Posted by FAB1

Of course the shake up or shakedown! wont occur until after 12:00 that's why I love TSP....

TA DA!!

Man, it would be a guarantee if I move 100% S fund today.

I really appreciate the technical analysis here. Just looking at the news cycle for a moment, the fact that the China markets are closed this week is important, imo. When they open Sunday evening I'm guessing they will be free to tumble, and if it's a lot we may follow on Tuesday.

Originally Posted by MrBowl

I really appreciate the technical analysis here. Just looking at the news cycle for a moment, the fact that the China markets are closed this week is important, imo. When they open Sunday evening I'm guessing they will be free to tumble, and if it's a lot we may follow on Tuesday.

Very nice thinking MrBowl. I like your thoughts here. I will extrapolate further into the future and say within the next 48 days...we will have seen intraday S&P 1625. That is the day the stock market left me in the dust and the day that I remembered I had to remember was the crash point in which to go back in with some dry powder. Seriously, that is a realistic reentry long term market point for me. Until then, play the trader moves...don't get burned. I figure that S&P 1625 forecast is about 65 percent probability of occurring.

Market shorterm traders will create great volatility over the next 45 days and in the end will have caused great confusion among investors and a tragedy for the buy and hold investors. Friends don't let friends buy and hold during bear markets.

I really don't like to disagree with the majority of the forum, but I don't believe any of this is as awful as folks think it is. We are still in "correction" territory, when I see large declines, I see opportunity, the opportunity to advance your accounts by years instead of months...

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Originally Posted by felixthecat

Very nice thinking MrBowl. I like your thoughts here. I will extrapolate further into the future and say within the next 48 days...we will have seen intraday S&P 1625. That is the day the stock market left me in the dust and the day that I remembered I had to remember was the crash point in which to go back in with some dry powder. Seriously, that is a realistic reentry long term market point for me. Until then, play the trader moves...don't get burned. I figure that S&P 1625 forecast is about 65 percent probability of occurring.

Market shorterm traders will create great volatility over the next 45 days and in the end will have caused great confusion among investors and a tragedy for the buy and hold investors. Friends don't let friends buy and hold during bear markets.

I figure that S&P 1625 forecast is about 40 percent probability of occurring and 1823 has a 60% percent of occurring. My guess.