Maybe a lopsided w pattern forming as of today. Gap up or gap down is the question. I’m guessing a bounce tomorrow but not sure if it will have legs or only be a short play. Things have a ways to go before I will commit.
Bailed the other day... help me pick the bottom!
50% S, 50% C 06 Mar, was 100% G; 80% S 20% C COB 08 Jan '24; 100% G COB 14 Nov; was 100% C COB 31 Oct (Boo!); was 100% G COB 12 Oct; was 50% C, 50% S COB 22 Jun; Life is good!
Maybe a lopsided w pattern forming as of today. Gap up or gap down is the question. I’m guessing a bounce tomorrow but not sure if it will have legs or only be a short play. Things have a ways to go before I will commit.
Wow....now we broke below 2700 for some of the lows we hit during the May/June time frame. Looking at the SnP, 10% drop from highs would be around 2634 which was last touched on around May 3rd. Anyone's pick if this is it (retesting a previously filled gap) or if we head to that 10% correction mark....or even enter a full fledged bear market.
As before, I'm not rushing to get in on this one...buying opportunities are great but there could easily be more bleeding before this is done.
Last edited by Mcqlives; 10-24-2018 at 02:02 PM.
Just something to ponder...2581.00 is the low for the S&P in 2018, set on 8 Feb. Could we be testing that low???
"the biggest mistake that traders make is to let these short-term trades turn into longer-term investments when they don’t work." RevShark
Here is the Best Fund/Worst Fund for COB 24 Oct 18.
G Fund F Fund C Fund S Fund I Fund 15 DAY TOTAL 0.20% -0.55% -9.30% -11.67% -9.89% 60 DAY TOTAL 0.76% -0.39% -4.68% -9.54% -11.62%
Have a great evening!!!
"the biggest mistake that traders make is to let these short-term trades turn into longer-term investments when they don’t work." RevShark
Kinda reminds me of the market this month...
"the biggest mistake that traders make is to let these short-term trades turn into longer-term investments when they don’t work." RevShark
FBN reported this morning that this has been the worst performing October since 2008. Glad to be on the lily pad this time around.
"the biggest mistake that traders make is to let these short-term trades turn into longer-term investments when they don’t work." RevShark
Mercy, will the roller coaster ever end...still dancing on the lily pad.
"the biggest mistake that traders make is to let these short-term trades turn into longer-term investments when they don’t work." RevShark
I wish I was on the lily pad. Wore out the sticky pants, just hanging on for dear life.
May the force be with us.
Here is the Best Fund/Worst Fund for COB 6 Nov 18.Well the numbers are a lot smaller than they were the last time I posted, so is it time to get back in the game??? Hmm!!!
G Fund F Fund C Fund S Fund I Fund 15 DAY TOTAL 0.20% -0.39% -1.77% -2.37% -2.22% 60 DAY TOTAL 0.78% -1.43% -2.10% -6.63% -5.27%
Let's see how it goes post election.
Have a great evening...
"the biggest mistake that traders make is to let these short-term trades turn into longer-term investments when they don’t work." RevShark
First IFT for November submitted. 50% C Fund, 50% S Fund, effective COB 11/7/18
Going with a 50-50 split as S Fund outperforms C Fund only 50% of the time in November. So far S Fund is outperforming, but it's still early...
Good luck everyone!!!
With the mid-term elections now in the rear view mirror and no blue wave or red wave to speak of,
perhaps it is now time for a green wave $$$
"the biggest mistake that traders make is to let these short-term trades turn into longer-term investments when they don’t work." RevShark
S&P500 (C Fund) (delayed) (Stockcharts.com Real-time) |
DWCPF (S Fund) (delayed) (Stockcharts.com Real-time) |
EFA (I Fund) (delayed) (Stockcharts.com Real-time) |
BND (F Fund) (delayed) (Stockcharts.com Real-time) |
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Yahoo Finance Realtime TSP Fund Tracking Index Quotes |
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