Thread: Bquat's Account Talk

Put your squiggles back in their boxes, bud, this market is waiting on something (probably bigger news than what we have had recently) to pick a direction. When it does finally decide if bulls or bears get to have control, I expect to get back to a higher VIX with larger intra-day swings real quick! If market action effects election choices this should be a real interesting build into November!

Originally Posted by Mcqlives

Put your squiggles back in their boxes, bud, this market is waiting on something (probably bigger news than what we have had recently) to pick a direction. When it does finally decide if bulls or bears get to have control, I expect to get back to a higher VIX with larger intra-day swings real quick! If market action effects election choices this should be a real interesting build into November!

I noticed that most of the movements are in the mornings and things slow down in the afternoon while people are out on the beach. JMHO Some schools are starting back this week and next so maybe bigger things may happen.

So, charts you want yes?

mmm...F fund chart has me most perplexed...where is that money coming from (and where did it go to when it was down) and is it OCONUS money, smart money or our money moving in and out?

Do open gaps only apply to the DOW, S&P500? Wondering if the S-Fund gaps are an issue or not...?

Originally Posted by Whipsaw

Do open gaps only apply to the DOW, S&P500? Wondering if the S-Fund gaps are an issue or not...?

Normally I would say gaps get filled but these were made after the post BREXIT news event in which many may ignore because the dip has proven to be an overreaction.JMHO

Originally Posted by Mcqlives

mmm...F fund chart has me most perplexed...where is that money coming from (and where did it go to when it was down) and is it OCONUS money, smart money or our money moving in and out?

Both overseas money and our money initially going into safety post BREXIT and then because of Japan's non-reaction to it's economic woes because the US is considered the safest place to go. Just my guess. Anyway I don't think the F Fund will make a lower low because of the position of the 50 day to the projected move. Just another guess on my part:

Originally Posted by Bquat

Both overseas money and our money initially going into safety post BREXIT and then because of Japan's non-reaction to it's economic woes because the US is considered the safest place to go. Just my guess. Anyway I don't think the F Fund will make a lower low because of the position of the 50 day to the projected move. Just another guess on my part:

Makes sense to me...way more sense than some of the stuff I have read. I just hate watching the F fund move the same direction as investment funds (I always view it as a safety fund instead of beingsimilar to a long term commodity) and it has done that often lately.

How much further can the strongest fund keep going?

Originally Posted by Bquat

How much further can the strongest fund keep going?

For the first time in a while I am getting nervous. I don't particularly like how this week played out for any of the funds. I am thinking we are looking at some
movement next week so I hope I didn't make a mistake by riding it into the weekend. Hope you and yours (and everybody else out there) have a great one!

I hear you McG. Next week is either one heck "of a rally" or "a bull trap". Bears have been taking it on the chin for months but with the CBs playing so much interference, only Janet and Mario know how it will go.

FS