Thread: Whipsaw's Account Talk

Not sure what is driving S fund down today???? It has been moving down but kinda scratching head about it today. Tech and Financial sector (SPDR) are up.

Here is 15 minute - 5 day chart for S Fund
S fund 15 min chart- 5 days.jpg

Originally Posted by Whipsaw

So what happened to the S fund? Pop and drop! Moving to C after the smoke clears, tomorrow or Wednesday... :-/

I thought you would have made the move to C fund by now. I admire your perseverance. I will probably be making a move very soon myself, but will remain conservative in my approach. Small steps have been working well for me this year.

Buy when there is blood in the streets? Other funds are doing well but S has been lagging and beaten down lately. Good time to hop on the S train or is it time to consider steam is running out and markets are due to soon head South?

Was looking for a relief rally of some sort for the S before jumping... still don't understand what is beating down the small caps.

Haven't been able to get to the TSP Talk commentary for a week or two...

May have to eat the loss in the S and move to C, which is likely poised for some downside at this point... :-/

Hi WS.. there might be a good bounce day this week, but agree with you. C fund looking best. So far, I am staying out. Today, news relates to Italy and fears in EU affecting our markets a bit. Best wishes to you!!

Try to keep a skip in your walk..

Originally Posted by DreamboatAnnie

Hi WS.. there might be a good bounce day this week, but agree with you. C fund looking best. So far, I am staying out. Today, news relates to Italy and fears in EU affecting our markets a bit. Best wishes to you!!

Try to keep a skip in your walk..

Looking for a dead cat bounce on small caps. May be a just a tad early on entry. Tricky month me thinks this could be. Just trying to eek out a 1 percent gain this month to continue climbing the charts.

Hi Felix, Yep...I am waiting to enter. Sounds like WS was looking for an exit; though I may have misunderstood him. Definitely agree with you, this will likely be a tricky month, as will be first week in November up to election day. Surprised S fund has now hit and closed just below 100 day SMA and now at 1444.51. It broke below support zone of 1466-1461 yesterday. It has closed below lower Bollinger band for 3 of last 5 days, so it should bounce!

Best wishes to you, Whipsaw and Everyone!!!!!

PS. just checked and DOW futures are up +124 right now. Hope that follows through into Wednesday.

But just to be clear. Just because it bounces doesn't mean it has bottomed. I'm trying to be more cautious for October.

Futures are up, hopefully for small caps as well. Saw this... doesn't bode well if it has any legs:

https://www.marketwatch.com/story/th...ead-2018-10-02

The commentary link for [more] on the front page isn't working for me. ( https://wwwtsptalk.com/comments.php )

Anyone else having this problem?

Originally Posted by DreamboatAnnie

But just to be clear. Just because it bounces doesn't mean it has bottomed. I'm trying to be more cautious for October.

I see some whipsaw ahead as well ...but for now...will tread lightly. Currently 100 percent S. Thanks DBA and Whipsaw for your valuable posts! Like many others on here...I have come to enjoy the reads.