Re: DreamboatAnnie's Account Talk
Quote:
Originally Posted by
Radarcontact
Hi DreamboatAnnie, prayers to you and all your fellow Texans enduring the winter storm and power crisis. Praying for all the lives lost.
I have been a reader of tsptalk for 10+ years, never really posted anything. I don’t have anything informative to provide like everyone here. Every tsp move I’ve made for the last 18 yrs were from the gut, rumors, and CNBC. I finally crossed the 1mil milestone after 18 yrs and 3 mo.
I need to thank you and other contributors to this forum with the charts and technical analysis. After crossing the milestone I started to educate myself on how to read candlestick charts and the technical indicators. Funny, I used to ready Tom’s market commentary and stop when I get to the charts.
I also need to thank Coolhand and Bquat charts and analysis amongst others. I still have 8 yrs before retirement at 56 and look forwards to the next milestone.
Again, thank you and everyone for all you do.
Regards,
Radarcontact
Thank you RadarContact! Your prayers and well wishes are much appreciated and uplifting!
There were a lot of people who suffered through the cold, and others who were in pain as they ran out of meds. We later heard from emergency worker taking call about a person at home who was suffering great pain from lack of enough oxygen (slow suffocation) due to lack of power for oxygen concentrator and not enough back up canisters. This story hit home because before my mom passed away years ago, she was on oxygen and we had a time when electricity shut off for a few minutes. We had a back up canister, but thought of how we would need to call EMS or drive to any place with electricity if this went on for more than an hour just to be sure we didn't run out. With this storm, people were stranded in their own homes for days.
Not sure if it was reported nationally, but in Austin we had two hospitals that lost power and had no water. Many people were sent home or moved to various other hospitals as there were no hospitals that could handle the 300+ people that had to be moved. I have heard that we came within 5 minutes of losing power to the entire State, and that if this had happened it would have taken a month to get electricity back. Wow!
As to the market, you have done great! Keep it up because it sounds like your gut is doing very well! I would love to hear more from you. I Hope that learning more about charts and technical indicators doesn't mess up the strategy you've been using. :cheesy: I've always thought I did pretty good while practicing a 25 year buy and hold strategy! lol....
Best wishes to you! :smile:
Re: DreamboatAnnie's Account Talk
Re: DreamboatAnnie's Account Talk
Quote:
Originally Posted by
DreamboatAnnie
That is fantastic, thank you!
Re: DreamboatAnnie's Account Talk
1 Attachment(s)
Re: DreamboatAnnie's Account Talk
Sticky pants deployed, but not sure how much longer. Fed talks tomorrow. Still look to be in downtrend...I am not following my strategy...bad me! :(
Looking better now than it did this morning. Bollingers contracting. Stochastic still slightly pointed up. But 10 and 13 EMAs both below 20 SMA (mid-point of Bollinger bands).
Attachment 48561
Re: DreamboatAnnie's Account Talk
Isn't that another of Ira's guidelines? Blowing through the top bollinger band will result in a return to the 18 day MA?
Re: DreamboatAnnie's Account Talk
Well at least the Russell 2000 is holding it's gain, maybe the $DWCPF can do the same today for us?
Re: DreamboatAnnie's Account Talk
Quote:
Originally Posted by
Whipsaw
Isn't that another of Ira's guidelines? Blowing through the top bollinger band will result in a return to the 18 day MA?
Yes, but not as long as it is embedded. Once it loses embedded reading, it has one day to regain it or else price should drop to 18 MA (neutral area) at which time it all resets and you look for next direction. In this case, it blew through the 18 and 20 day downward. So, now short downtrend with various possible support points below..lower Bollinger, or even 50 or 100 day MA before it returns to 18 dMA.
Also, it does not always immediately drop back to 18 dMA. Example 11/2 to 12/24... uptrend with price touching upper band 11/9, pulls away a little and closely follows the band a long time before dropping. It Did go back to 18-20MA after 12/24. He likes to pocket some gains when price touches the upper band. Its like resetting a stop. He uses window envelopes for profit taking, setting stops, etc.
1 Attachment(s)
Re: DreamboatAnnie's Account Talk
Another day of bloodletting..:( Still trying to redeploy gorilla glue, but not sure how much more I can take. Price has dropped below my initial entry 2/1 (50%S) and 2/26 (50%S). It's now rbroken the lower Bollinger and and 50 EMA. Wondering how much longer it will continue down.
There is a noontime talk by Fed today to see what he says about stimulus and interest rates. I really want to wait for a bounce up, but not sure I can wait. I am at small loss right now, overall. :17:
Best wishes to you All* !!!! PS.. and just looked and it is at -1.85%, so its moving down more....Stochastic is down to 20, which is usually a buy indicator. for me ..IF. IF. IF. you can tell it has reached bottom. But, nothing I see yet indicating its there...so its tough to decide whether to stay in or exit and wait for later entry once bottom is clear. ugghhh... :puke:
I may pull the trigger...and just take it, knowing that I broke my own rule to stay in for more than day or two on risky buy in, and now paying for it. Will see... trying to stay positive... economy is doing good. Hear ISM manufacturing new orders up and that is good! This down leg looks like September, but to counter that we have been on one heck of a rocket since October. So its due for a drop....but how much????
Attachment 48570
1 Attachment(s)
Re: DreamboatAnnie's Account Talk
Better... closer to 50 EMA..:o. trying to wait for bounce....pretty hard!
Latest now down .83%. -it is improving..now barely above 50 EMA and candle looks more promising for tomorrow....I will stay in one more day...
Attachment 48572
Earlier at height of today's drop.
Attachment 48571
1 Attachment(s)
Re: DreamboatAnnie's Account Talk
Here is latest.. So Powell said inflation likely to pick up as economy reopens. Of course. Market unhappy! This is getting very ugly!
Attachment 48575
Re: DreamboatAnnie's Account Talk
If we're lucky, its knee jerk and short lived. Yeah... yeah, that's the ticket. :cheesy: