Thread: coolhand's Account Talk

My experience with the S fund through the years has been that it drops more than the C fund in a pull-back. Once the recovery is found at support levels the C fund tends to outperform. However, as the rally progresses and matures, more speculative money increases in the S fund. I learned somewhere that the S fund many times does better than C when interest rates are kept low. Warning: this observation is anecdodal and may not be totally precise.

This is still looking pretty good.

http://www.timingpointprojector.com/

Originally Posted by coolhand

Hey Birch, check out Stickan's reply to the initial post in this thread.

http://www.traders-talk.com/mb2/inde...owtopic=112110

Very nice VIX chart

Originally Posted by JTH

Very nice VIX chart

Stickan is a class act when it comes to charts and interpretation.

Lest anyone forget, today is options expiration, so the action is in large part a response to that fact, although the weakness could bleed over into next week.

Originally Posted by coolhand

Lest anyone forget, today is options expiration, so the action is in large part a response to that fact, although the weakness could bleed over into next week.

Yep... looks like BPCOMPQ will be the only sentinel still on a buy.

... or, then again, 4 o'clock charlie could hit his mark.

OT: Did you see a 29 year-old Goldman exec got the chief enforcement job at the SEC? I'll bet he's a young maverick that's gonna clean things up, eh?

Originally Posted by Minnow

Yep... looks like BPCOMPQ will be the only sentinel still on a buy.

... or, then again, 4 o'clock charlie could hit his mark.

OT: Did you see a 29 year-old Goldman exec got the chief enforcement job at the SEC? I'll bet he's a young maverick that's gonna clean things up, eh?

I wonder if he is all paid up on his taxes!?

Originally Posted by Minnow

Yep... looks like BPCOMPQ will be the only sentinel still on a buy.

Depends on how we close.

... or, then again, 4 o'clock charlie could hit his mark.

Think that may be in progress.

GS and SEC. Talk about an insider. How much more overt can we get?

Yellow flashing light ahead at the intersection.

At the close we've got 5 Distribution days in the DJIA, 4 in the Nasdaq.

Originally Posted by Bullitt

Yellow flashing light ahead at the intersection.

At the close we've got 5 Distribution days in the DJIA, 4 in the Nasdaq.

Didn't this happen about a month ago too? Normally, I'd be more concerned (and not that you don't have my radar up), but I'm wondering if IBD has been having trouble with this market like other systems.

We may get a 10% or better correction if we can't get past the 61.8% fib level of 1222 - perhaps sometime in December. That would be cool. But I think we will exceed this key retracement level and rally into March 2010. Then I'll lay down on the tracks. History has shown that November has been the best performing month for the SPX, on average, since the early 1950's. We are fortunately in the early stages of a multi-year up move.