Like watching a turtle cross a busy road. Slow progress and prayers for a little courtesy.
Yeah, agreed...besides the equity funds sitting close to their lower Bollinger Bands and in a short-term oversold condition, I don't have a good sense of where the markets are going. Many moving pieces internationally that change direction quickly. Seems like a good spot for a hit and run on the I Fund, but I'm not committed to that yet...
100 G COB 11/3/23
Like watching a turtle cross a busy road. Slow progress and prayers for a little courtesy.
In Dog Beers I've only had two.
Ok. I may not sleep well but COB today:
C- 45%
S- 45%
I- 10%
In Dog Beers I've only had two.
I have an itchy trigger here also, but I'm thinking more like $59.50, or about -3% from where are today. That would take it down to some really solid support at the bottom of the rising trend channel from the March 2009 low, as well as closer to the one-year Fib' retrace. Scary graph when you look at a 6-year monthly wedge for the EFA. Should be okay inside of the wedge through 2016, but eventually it will get pretty narrow. Which side of the triangle do you think this will pop out on?
6-Year EFA Triangle.png
No idea. Summer months are tough to play. Waiting on an additional 3% looks like the way to go. I'm thinking a small pop tomorrow. If so I'm out for July.
In Dog Beers I've only had two.
Well this market has taken a turn for the better, uhh, turn for the worse in my case.
In Dog Beers I've only had two.
Allocations as of COB Dec 28 : 100% S. | Retirement Date:Dec 2025
Past Returns: 2020 31.85%,2019 27.97%,2018 -3.36%,2017 13.10%, 2016 -1.79%, 5Yr Avg 12.61%
Ya win some ya lose some.
In Dog Beers I've only had two.
With roughly $5T in assets there is no question they have the monetary might to move the markets, however TSP money is not all they manage. They manage numerous institutional investments.
Not saying I don't like a good conspiracy just highly unlikely. More likely (Jury's still out) I made a crappy move.
As for the 4 hours before the close, no argument.
In Dog Beers I've only had two.
On Vacation so not following too close the market but today was a trader's day.
My personal charts had me in cash until next week and to ignore the noise. It's hard not to notice today. Payback tomorrow?
Last edited by OBXTrader; 07-07-2015 at 06:55 PM.
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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