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Thread: tsptalk's Market Talk

  1. #2977

    Default Re: tsptalk's Market Talk

    Not a good sign that the S Fund (like other indices) closed at the lows of the day.
    Institutions/Fund Managers starting to jump ship?

    S Fund.jpg
    CURRENTLY 100% I (as of COB 5/19/17)

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  3. #2978

    Default Re: tsptalk's Market Talk

    What do you think Tom?

    CURRENTLY 100% I (as of COB 5/19/17)

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  5. #2979

    Join Date
    Dec 2012
    Location
    Illinois
    Posts
    754

    Default Re: tsptalk's Market Talk

    Quote Originally Posted by FireWeatherMet View Post
    What do you think Tom?
    I would like him to think this one over real hard. I am just dying to get in and want good clear information and thoughts here.
    11.80% for 2012, 24.79% for 2013, -5.13% for 2014 , 4.94% for 2015 WTF?, -0.04% for 2016 , 6.81% for 2017======= 7.19% six year average


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  7. #2980

    Default Re: tsptalk's Market Talk

    since it is filled, gonna say we drift up from here, into the holidays maybe even beyond.

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  9. #2981

    Default Re: tsptalk's Market Talk

    Quote Originally Posted by rktect1 View Post
    I am just dying to get in and want good clear information and thoughts here.
    The time to buy is usually the day you are no longer dying to get in.

    There's some truth to that, but it depends on the fall-out on Wall Street. Are the bulls really done? The gaps are filled and we may just need to see some short-term puking levels before it snaps back. Maybe another 200+ points will do it - since we are in a bull market. I don't know yet. If we were in a bear market it would be a different story. Doing my analysis now.

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  11. #2982

    Default Re: tsptalk's Market Talk

    Quote Originally Posted by tsptalk View Post
    The time to buy is usually the day you are no longer dying to get in.
    I gotta remember that one!
    CURRENTLY 100% I (as of COB 5/19/17)

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  13. #2983

    Default Re: tsptalk's Market Talk

    Possible Nasdaq support / targets...


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  15. #2984

    Default Re: tsptalk's Market Talk

    The small gap from that last post (almost) got filled this morning on the Nasdaq, but the big one still looms.


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  17. #2985

    Join Date
    Dec 2012
    Location
    Illinois
    Posts
    754

    Default Re: tsptalk's Market Talk

    I'm already moved to the S fund this morning but may pull that plug by 10:50

    We shall see. It has been years since I have been above the S fund. Of course if this is a falling knife.........
    11.80% for 2012, 24.79% for 2013, -5.13% for 2014 , 4.94% for 2015 WTF?, -0.04% for 2016 , 6.81% for 2017======= 7.19% six year average

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  19. #2986

    Default Re: tsptalk's Market Talk

    Quote Originally Posted by rktect1 View Post
    I'm already moved to the S fund this morning but may pull that plug by 10:50

    We shall see. It has been years since I have been above the S fund. Of course if this is a falling knife.........
    \

    gotta ride that memorial day train man...I wouldnt jump till next friday.

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  21. #2987

    Default Re: tsptalk's Market Talk

    The SPY is making a beeline to the open gap, but there is some potential resistance near this morning's high, which is the bottom of that "F" flag trading channel, and the bottom of the gap.


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  23. #2988

    Default Re: tsptalk's Market Talk

    Quote Originally Posted by tsptalk View Post
    The SPY is making a beeline to the open gap, but there is some potential resistance near this morning's high, which is the bottom of that "F" flag trading channel, and the bottom of the gap.


    Nasdaq Gap still hasnt fill yet...so much decision, I was going to jump today but its 1210 ET when I saw the clock. OTOH I think thats the only chart that still have a big ol gap at 5925...weird


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