Griffin Account Talk

[Show-me]

Just the way I imaged you. LOL

[Griffin]

Originally Posted by Show-me

Just the way I imaged you. LOL

That's an older picture - I've got a little more grey now .

[Show-me]

Roflmao!

[Wolverine]

Ya Griffin, I am glad you are not showing us you picking the other end though. LOL

[Griffin]

Originally Posted by Wolverine

Ya Griffin, I am glad you are not showing us you picking the other end though. LOL

Be happy about that....although I do intend to fling some poo at Mrs. Tracey Ray.

[Griffin]

We definitely approached 1490 this morning. This puts us in the far right diamond on the decision tree. However, I am not going to make that decision based upon the reaction to the first time we knock on that door. Again a little more patience is warranted. The next decision is to move into the S-fund in anticipation of a broad based rally or to move into the G/F funds.

The indicators are trending up and we are not overbought, so I am going to hold off on making a decision until we get a little more evidence. December is historically a strong month so, erring on the side of risk is reasonable.

[Griffin]

The new splash page for TSP

panic.JPG

[kar crazy]

looks like your kicking butt griffin nice job

[hessian]

Originally Posted by Griffin

The new splash page for TSP

Attachment 2724

Hi Grif,
I think I'd prefer an "EASY Button." (Could help those of us with premature grey issues.)

[Griffin]

Despite Today's red, we are seeing 1470 turn to support for two days, after acting as a resistance point during last weeks upswing. A little bit of consolidation is healthy here and as along as 1470 holds going into the close, I suspect we will see a positive reaction tomorrow.

[Griffin]

The move below 1470 is a cause for concern moving forward. The OSM are having a very nice day and the futures are green as I write this. However, the S&P futures have yet to climb above 1470. It would be nice to open above that level.

We have yet to see 1490 tested in any kind of serious fashion. The single near miss last Friday does not constitute a test of that level and until we get there, we want to ride the recovery.

My favorite indicator's are not looking happy (that's the MACD, RSI and Slo Sto). This has me concerned, but there is plenty of history that shows these indicators do make these kind of leveling off moves during recoveries without a signficant change in the trend. A red flag is raised, but it hasn't started to wave. Hopefully, the OSMs momentum carries through today's market and this red flag is lowered.

[airlift]

Griffin,
This is a welcome analysis. Thank you!