Thread: JTH's Account Talk

Originally Posted by JTH

Don't care for this volaitle price action we've been seeing recently, so I'm stepping into the G-Fund

JTH EoB Today 100G

JTH-ALPAFS EoB Today 100G

Originally Posted by JTH

Thanks, looks like I got burned on Friday...

Beginning to be glad I made the exit when I did (even though I exited on a down day)

Nice ramp up in volume on the downsliding Transports

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There was no explanation I could understand for the rally last Friday after NFP release. It seemed like an aberration then and still does now. Today, the market is getting back to where it was before that aberration and resuming it's IT downturn. There is no way you could have seen that coming.

Originally Posted by JTH

Beginning to be glad I made the exit when I did (even though I exited on a down day)

Nice ramp up in volume on the downsliding Transports

sc.png

I bailed to 100%G yesterday.

Originally Posted by JTH

Don't care for this volaitle price action we've been seeing recently, so I'm stepping into the G-Fund

JTH EoB Today 100G

JTH-ALPAFS EoB Today 100G

Originally Posted by OBXTrader

There was no explanation I could understand for the rally last Friday after NFP release. It seemed like an aberration then and still does now. Today, the market is getting back to where it was before that aberration and resuming it's IT downturn. There is no way you could have seen that coming.

True dat, I've given up on looking for rational reasons for the market's direction, but as ESD and the stats have pointed out, there is a traditional seasonal dip during this time of the month, and I expect we'll get a bottom here very soon.

Originally Posted by JTH

True dat, I've given up on looking for rational reasons for the market's direction, but as ESD and the stats have pointed out, there is a traditional seasonal dip during this time of the month, and I expect we'll get a bottom here very soon.

Instability in the market all year... Knee jerk reaction to everything...


Sent from my (Daughter forcing me to use an) iPhone using Tapatalk...

Originally Posted by JTH

Beginning to be glad I made the exit when I did (even though I exited on a down day)

Nice ramp up in volume on the downsliding Transports

sc.png

Here's my question? Has transports meet the projected move out of the Midterm Parallel pattern or is this a much worst Inverted Cup and Handle or is it too short of time frame? Should I trust the double bottom.

"Nice ramp up in volume on the down sliding Transports"

JTH, how predictive do you find your quote above??

Originally Posted by Bquat

Here's my question? Has transports meet the projected move out of the Midterm Parallel pattern or is this a much worst Inverted Cup and Handle or is it too short of time frame? Should I trust the double bottom.

On the PnF Scale I use, the Transports have already met their bearish price objective, that calulation is ususally based on either a horizonatal count, or a vertical count. Looking at your chart, I would be a bit more focused on the breakdown of your ascending triangle, as more of a continuation pattern to the downside.

Originally Posted by shitepoke

"Nice ramp up in volume on the down sliding Transports"

JTH, how predictive do you find your quote above??

I'm not sure which quote you are refering to, if we are talking about statistics, then I say if you are trying to target a specifc day, then you are more likely to be dissipointed, but if you are trying to target the day of your choice within a specific week, then your results will be better.

JTH, i guess i was looking for the reason you ejected from equities? was it the bad week in stocks or something like the "ramp up in volume on the down sliding transports" ??

Originally Posted by shitepoke

JTH, i guess i was looking for the reason you ejected from equities? was it the bad week in stocks or something like the "ramp up in volume on the down sliding transports" ??

Truth is, I got burned on that last large rundown, (didn't want to repeat that) and looking at the weekly stats in my blog, I felt it was a good time to sit things out and look for a lower re-entry.

Maybe at the gap fill in s-fund/spx...