Thread: DreamboatAnnie's Account Talk

Good info CedarPine based On IWM. Thanks! I didn't look at that chart in early July.

Definitely know about crossovers. See post 3678-3880. Price had dropped three days after breaking through resistance previously, so I thought it was retesting that line. As it turns out, it was a failed breakout! Uggghhh.... Then ... I waited to see a recovery. It did break back above but dropped once more but Friday was obviously a dead cat bounce. I had said I would exit at 2248 or 2249. So, I am two days late on that stop loss. Eehhhhh... Maybe using an Excel spreadsheet to track decisions and criteria might be in order!

What do they call that when poker player loses a big hand? That's where I'm at..... I guess I exit on next bounce. The 21 day MA is used by many. I try using 5 and 7 and 10 EMA, but ignored it this time. If it drops further, it may not be pretty.

Today's COB charts.

Dwcpf.png

SPX now.png

I FUND - EFA. now.png

AGG now.png

So S fund closed at 1286.94. Per my chart next resistance is around 2178.73 (red line). Also, today's price touched the lower Bollinger Band. Obvious concern is that price will start to ride that band further down. I consider next stop/exit to be 2178, but may not be able to watch tomorrow. Hummm... Would like to exit on a bounce.

Originally Posted by DreamboatAnnie

So S fund closed at 1286.94. Per my chart next resistance is around 2178.73 (red line). Also, today's price touched the lower Bollinger Band. Obvious concern is that price will start to ride that band further down. I consider next stop/exit to be 2178, but may not be able to watch tomorrow. Hummm... Would like to exit on a bounce.

Image1626327721.239966.jpg



Sent from my iPhone using TSP Talk Forums

I bounced to the c fund last friday. If it drops another percent, I am out.

Hi Joblin, Good move. But I would watch for the breakdown like you said. Notice how yesterday's action, considering wicks, stayed within the upper and lower (red) trendlines (extend them) of this Rising Wedge, which eventually should break downward. Drop below 7 EMA (Lime) might be a good exit signal ....or even now...see how price has started to pull away from that upper band? Looks to be very close. Unless there is some kind of great news to pump it up?

Best wishes to you and everyone!

PS. Probably not posting more today.

SPX now.png

Exited to F When I don't follow my rule about exiting when price gets below 10 EMA (drop dead exit point) or enter when I know price will test support, I lose money! . Hummm... What the hell was I thinking? Lol... Oh well.. Wishing you all a Great weekend! I plan to start mine with a Mango Margarita! Cheers!

Charts. S fund slipping more as well as C and I. Maybe inflation fears are taking grip. Bond yields dropping. F fund looks good....until it doesn't. F Fund is near 70 on Slow Stochastic and moving up, so looks like maybe some money can be recovered there. Will see if stocks outlook changes next week, but for now gotta stop the bleeding.

Since I did not follow drop dead exit rule, I reset exit for red line. welp.. price dropped below the red line yesterday; hence decision to exit. Don't like it, but maybe eventually I will follow my exit rule! Best wishes to you all!

Dwcpf.png

SPX now.png

I FUND - EFA. now.png

AGG now.png

I agree with you. Cheers to you too!

Originally Posted by DreamboatAnnie

Exited to F When I don't follow my rule about exiting when price gets below 10 EMA (drop dead exit point) or enter when I know price will test support, I lose money! . Hummm... What the hell was I thinking? Lol... Oh well.. Wishing you all a Great weekend! I plan to start mine with a Mango Margarita! Cheers!

I’m with DB. Saw 666 come up today while trading. Gave me the hibbie jibbies. S Funds is not oversold yet and the MACD blocks are getting larger on that negative side. I definitely prefer C fund but gotta say it looks like it is going south and about to crossover to the dark side as well on the MACD. We need a correction on C fund and will get it as it follows the S fund.

https://stockcharts.com/h-sc/ui?s=$DWCPF
https://stockcharts.com/h-sc/ui?s=$SPX
Markets Diary
https://money.cnn.com/data/fear-and-greed/

Nice charts there DB!

Thanks Felinecrl and FelixtheCat. So just a bit ago, I finally had chance to see what happened in markets. Not surprised. Oh gosh Felix, the 666 would spook me too! Definitely agree with your points, and it does look like C fund is following S fund. Thank you for articles and charts!