Thread: JTH's Account Talk

Are we prepared for the highest close in S&P 500 history???

I think so...

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Originally Posted by JTH

I'm ready for the end of day rally, it's there for the taking, we just have to will it!

I'm somewhere between giddy and terrified.

I know my wife is very happy with her S&P 500 index fund.

Like butter

Looking at the 15-Minute chart, we have 2 unfilled gaps to contend with. On the 1-Minute chart there is a morning gap at 1877 that was filled at lunchtime, there is also lots of noise at 1880. This 1880 IMHO is the key level to watch. In addition, we only have .77% left to 1900, therefore I'll estimate tomorrows range will fall somewhere from 1880-1900 with a preference for a flat close +/- .25% I also think we'll save 1900 for Thursday/Friday.

OBTW, what I think doesn't really matter, price pays...

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jth
what you think does not matter, but i like what i'm hearing. BRING THOSE NEW HIGHS AGAIN AND AGAIN AND AGAIN ETC...

Originally Posted by JTH

Looking at the 15-Minute chart, we have 2 unfilled gaps to contend with. On the 1-Minute chart there is a morning gap at 1877 that was filled at lunchtime, there is also lots of noise at 1880. This 1880 IMHO is the key level to watch. In addition, we only have .77% left to 1900, therefore I'll estimate tomorrows range will fall somewhere from 1880-1900 with a preference for a flat close +/- .25% I also think we'll save 1900 for Thursday/Friday.

OBTW, what I think doesn't really matter, price pays...

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Good morning my fellow countrymen (and the ladies )

Just a friendly reminder there's an extra link in my signature block that was added last night. S&P 500 Past Performance

Since you is here. With the possible break down of bonds do you think the go away for May holds true for equities? Just trying to fore thought next month.

Awesome addition JTH.

Originally Posted by Bquat

Since you is here. With the possible break down of bonds do you think the go away for May holds true for equities? Just trying to fore thought next month.

Back in 2011 I performed a rudimentary study on this very subject, the results can be found here: Does Sell in May and go away really work?

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One of these is not like the others...

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