Thread: amoeba's Account Talk

Originally Posted by amoeba

skru-it: I'm a buyer right here (9am PDT, 8/6/19); starting with SVXY @ 49.80; I have some ketchup to do; first 5% either way on this puppy gets the ripcord, hopefully up, hopefully today.

I lied...sold SVXY @51.04...with AH tanking, it looks like the right move.

Well I'm bullish feeling, but in G, which is uncomfortable when indices attack but don't quite make it past their 50 ema. I think that could happen by Friday for the SPY, but not sure if I'll go for it...I'm behind my goal for the month. I see SPY of 2950, maybe a bit more in the next 5 biz days. I also see 2600 or less, some time in the next 3 months.

Originally Posted by amoeba

I also see 2600 or less, some time in the next 3 months.

That's scary

Originally Posted by amoeba

Well I'm bullish feeling, but in G, which is uncomfortable when indices attack but don't quite make it past their 50 ema. I think that could happen by Friday for the SPY, but not sure if I'll go for it...I'm behind my goal for the month. I see SPY of 2950, maybe a bit more in the next 5 biz days. I also see 2600 or less, some time in the next 3 months.

Well that prediction sucked...so I put 30% into equities COB...and WTF is up with today's reaction to random tweets, and that limpwristed 5% tariff surcharge? That is meaningless. I suspect computer algorithms are the culprits, and expect a return to common sense Monday...at least a deadcat bounce of sorts.

Originally Posted by amoeba

Well that prediction sucked...so I put 30% into equities COB...and WTF is up with today's reaction to random tweets, and that limpwristed 5% tariff surcharge? That is meaningless. I suspect computer algorithms are the culprits, and expect a return to common sense Monday...at least a deadcat bounce of sorts.

And so it twas....today....holding for one, maybe two more days....then back to G...is my likely moves forward.....I would like to see that 50 EMA in SPY recaptured. 2950ish.

Originally Posted by amoeba

And so it twas....today....holding for one, maybe two more days....then back to G...is my likely moves forward.....I would like to see that 50 EMA in SPY recaptured. 2950ish.

No brainer oversold....too bad it occurred after the IFT deadline. If markets are flat tomorrow, I am going all in....if up, significantly, I will sell. Then its 8 daze of vacation 4 me.

option C, if it's down?

Originally Posted by amoeba

No brainer oversold....too bad it occurred after the IFT deadline. If markets are flat tomorrow, I am going all in....if up, significantly, I will sell. Then its 8 daze of vacation 4 me.

Originally Posted by weatherweenie

option C, if it's down?

... Ahhh, Sell whatever's IN, go to G-land, enjoy vacation worry-free (my 2-cents).
Either way, best wishes for y'all's trading, and enjoy an appreciative Labor Day and all the great things (mostly taken for granted nowadayz) that the common working person and the labor movements have brought us.

Originally Posted by FAAM

... Ahhh, Sell whatever's IN, go to G-land, enjoy vacation worry-free (my 2-cents).
Either way, best wishes for y'all's trading, and enjoy an appreciative Labor Day and all the great things (mostly taken for granted nowadayz) that the common working person and the labor movements have brought us.

Well yes...the other no brainer, in addition to the no brainer oversold bounce I just called, is the Holiday light volume updrift, for which the setup is in my opinion excellent for a continued bounce at least Thursday...so I will sell tomorrow, b4 or after the IFT deadline depending on the price..might even give a go at a little bit of F fund if I anticipate a 9/9 selloff as human (vs current algorithm) traders go back to work.

Originally Posted by amoeba

Well yes...the other no brainer, in addition to the no brainer oversold bounce I just called, is the Holiday light volume updrift, for which the setup is in my opinion excellent for a continued bounce at least Thursday...so I will sell tomorrow, b4 or after the IFT deadline depending on the price..might even give a go at a little bit of F fund if I anticipate a 9/9 selloff as human (vs current algorithm) traders go back to work.

My hat's off to you on the "no brainers" you're taking advantage of... wish I'd of seen/done that! Nope, I'm having hard time trying to get my head above water at work & not spending much time on this TSP/investing stuff outside of work (other that a little bit of Robinhood investing)... so not all of us what thinks we have some brain, know or see all these no-brainers. Maybe in a couple years when I'm retired, I'll get more atop that stuff.
So, thanks for sharing such insights and thoughts with the TSPtalk world!

Went all G today...not quite the 2950 top of range....but close enough for government worker. On vacation....back on 9/9.