Thread: DreamboatAnnie's Account Talk

During Maria Bartiromo's Sunday morning futures show, it was reported that the families of US diplomats were asked to start vacating Ukraine. I actually screamed when I heard this news! Heck...I am in I fund 45% and 90% with C and S. ... It's bad enough the market dropped so much last week and now this???

Well, I should think it will affect markets in the short term, but inflation is the bigger bogey man. Just trying to keep it all in perspective but damn, can we pile anything else on? I just checked futures and they are positive! Wheewwe...so let's see how this week proceeds!

https://www.foxnews.com/world/state-...kraine-embassy

https://www.foxnews.com/politics/pre...counter-russia

Here are daily charts BUT these are for 15 months so you will not be able to see much detail. I like looking at it to get a good broad perspective on overall market action. Then go to look at weekly charts and then 3-5 month daily charts for closer look. I looked back at the 2008 crash and it took more than a year to finally bottom.

If we get a bounce this week, I am looking to exit around 2029 to 2065 on S fund, 4522 to 4560 on C fund. These are based on 38.2 and 50% Fibonacci retracements. I did not mention 61.8 retracements because in last couple months the bounces only hit about 50% so that level seems most probable.

S FUND - DWCPF DAILY.png



C FUND - SPX DAILY.png

Not looking great, futures now down. Looking likely another red day. This market stinks.

Someone lot smarter then me says "S fund leads the way for what C fund is gonna do." If that true, looks like it's gonna be a while till we hit bottom on C fund.

Here are Weekly charts for last week and going back more than a year to mull over before market opens. The futures indicate today will be another bloodbath...

Weekly DWCPF.png


Weekly SPX.png


Weekly I Fund.png

so.. being out of the marker through Obama I left probably 750k on the table. 40% in now im getting the "pandemic special" applied once again now that the shut down policies are coming home to roost. nice rollover of retirement money back to the oligarchy.

I too am feeling the pain. Insanity kicks in due to war talk. Maybe...just maybe Wednesday Fed meeting may give us something positive.
Huge gap down today and I am going to see what happens tomorrow. The bloodletting continues...


S FUND - DWCPF DAILY.png



C FUND - SPX DAILY.png



I FUND - EFA DAILY.png

Originally Posted by joblin20

I am wanting to jump in, however like you said, its almost impossible to play this when the afternoon selling kicks into a higher gear. I played around with some indicators, however they only work if we have stabilization. Right now there is none.

The afternoon move is 'smart money'. Dumb money is the morning move.

Bro, this turd has turned over and is now a brown submarine.

Look at bonds, they are dumping too...

Flush it down, flush it down.


Don't be dumb money. Just watch the dailies, weeklies, and maybe even the month. Let things level off. Don't necessarily be all out because then you will miss on the early part of the rebound - which is often the best gains attainable in a recovery. Keep some in. But to speculate on when a falling knife will stop falling just leads to deep cuts.

Slow stoch looks to be turning... possible bottom? Or is that because it can't go any lower?

Hi Whipsaw, candle forming a long tail which is good. But how does it close? That will be the tell. And most definitely it can go lower.

But I do believe this morning's action is an overdone kneejerk reaction to talk of war and Biden planning to meet with NATO leaders this afternoon. Market dropped a lot as soon as the meeting was announced. So I must wait longer to find the damn door! Hoping it calms a bit tomorrow...but who knows...

As for the meeting, I think it will be a bunch of hot air and nothing meaningful to make Putin even blink. What does he have to fear? Nothing! Come and take it baby...it's free! I suspect Putin's action will now be sooner rather than later and that is when the rest of the market shoe will drop. No US or NATO tanks or weaponry going to Ukraine...it's all show.

C fund broke through the 200 MA yesterday.

C FUND - SPX DAILY.png

Need to start looking at partial entries.

Hmmmmm . . . . . Was this a potential bottom, or just a reversal from the typical news knee-jerk over reaction at the open this morning???

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