Thread: coolhand's Account Talk

whatever happened to JTH is my question..they guy was posting every day before.

Originally Posted by kb9nvh

whatever happened to JTH is my question..they guy was posting every day before.

I've been wondering that since I started coming here again recently. I've been so busy I haven't had time to really manage my money. I left it in the S fund all last year and thankfully it worked out.

I appreciate people explaining their view on the market such as coolhand does.

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Futures up again. Still riding the wave. We have to be getting close to a correction. Killer Jan and Feb pullback? Any thoughts?

Originally Posted by Robo5555

Futures up again. Still riding the wave. We have to be getting close to a correction. Killer Jan and Feb pullback? Any thoughts?

Since 2010 February has been a strong month. Let's hope we don't see 2009 again in a long time.

http://www.tsptalk.com/mb/attachment...-february-xlsx

Originally Posted by Robo5555

Futures up again. Still riding the wave. We have to be getting close to a correction. Killer Jan and Feb pullback? Any thoughts?

I agree in principle and in a historical context. However, we are in uncharted waters on more than one level. I have plenty of skin in this game, so believe me I'm watching. Took another position in TNA and SPXL today. I am heavily leveraged on the bullish side.

Originally Posted by kb9nvh

whatever happened to JTH is my question..they guy was posting every day before.

That, I don't know. I hope it wasn't anything serious.

The market showed its resilience again on Thursday. I have the feeling it may be getting ready for another launch, but there is an outside chance we get some hard selling before that begins (emphasis on "outside chance"). The options are neutral. NAAIM got a bit more bullish and there remains ZERO short bears. That's another indication that if we were to get any selling, it won't go all that deep and could be over fairly quick. But this market may just decide it doesn't need much of a reset, so don't bet on the downside.

Breadth ticked lower, but remains bullish. I'm long TNA and SPXL as well as 100% stocks in TSP.

My Thursday comments were pretty much on target. I said that while we could see some selling before another launch, it was hardly a lock. We got little in the way of selling and the market may have begun another up leg.

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The options are bullish heading into Monday. NAAIM is bullish. Breadth turned back up. Money is finding its way into our market from across the globe as well as through the gradual increase of retirement savings, thanks to the tax cuts.

I am not one to be bullish for the sake of bullishness, but it is hard to ignore market behavior and the underlying fundamental shifts now occurring.

As more and more traders and investors start to understand what is happening, even more money will likely get pushed into the market. I continue to think we have months of upward bias to go (that's about as far out as I can see right now). Pullbacks will still happen along the way, but the how deep they go and how long they last is questionable.

I'm a little surprised how strong the "C & I" funds have been vs. the "S" fund.

Originally Posted by nasa1974

I'm a little surprised how strong the "C & I" funds have been vs. the "S" fund.

It is, though not enough to abandon it. I spread my allocation across all 3 since we cannot be sure which one may take the lead at any given time.

Originally Posted by coolhand

It is, though not enough to abandon it. I spread my allocation across all 3 since we cannot be sure which one may take the lead at any given time.

That's what I did. Even split CSI. Futures down this morning. Dip buyers should jump in.