Page 568 of 704 FirstFirst ... 68468518558566567568569570578618668 ... LastLast
Results 6,805 to 6,816 of 8437

Thread: coolhand's Account Talk

  1. #6805

    Join Date
    Oct 2004
    Location
    Orlando, FL
    Posts
    6,794
    Blog Entries
    1229

    Default Re: coolhand's Account Talk

    For those who understand...D5 in progress!

  2.  
  3. #6806

    Join Date
    Feb 2011
    Location
    Washington
    Posts
    9,583

    Default Re: coolhand's Account Talk

    Quote Originally Posted by coolhand View Post
    For those who understand...D5 in progress! coolhand's Account Talk
    Will Google that, must be a wave count coolhand's Account Talk

    Sent from my SM-G965U using Tapatalk
    Rules:
    - Trade what you see, not what you believe
    - Don't put stuff in your signature that a Mod doesn't like

    "Government exists to protect all people’s rights, not some people’s feelings." - A. Barton Hinkle

    Great Tools:
    http://www.CreditKarma.com
    http://www.Mint.com
    http://www.SaveUp.com/r/nmJ

  4.  
  5. #6807

    Join Date
    Oct 2004
    Location
    Orlando, FL
    Posts
    6,794
    Blog Entries
    1229

    Default Re: coolhand's Account Talk

    Quote Originally Posted by RealMoneyIssues View Post
    Will Google that, must be a wave count coolhand's Account Talk

    Sent from my SM-G965U using Tapatalk
    It is not a technical indicator. It is actually a reference to the severity of an avalanche. D5 is the most destructive type.

    What does that have to do with the stock market?

    I asked the original question to see if anyone responded in the affirmative. No one did. I was just curious.

    Some folks are wondering why the stock market is selling off. There is a reason, but not one that most would believe. You have to be plugged into the alternative media to have a chance of understanding it. Some months ago I posted a link to one of those alternative media outlets and then left it up to anyone reading my posts to pursue it on their own. You have to understand the geopolitical backdrop to make sense of the selling pressure. I won't discuss it on the board or else Tom will get hit with complaints about coolhand breaking the rules about politics.

    As the D5 progresses, things are expected to get worse and probably scary. But in reality what is coming will benefit us all in the long run. We'll all be much better off.

    Those that have been around for a long time on this board may remember a poster by the name of teknobucks. He and I became friends here on TSP Talk and it just so happened that we lived in the same state and eventually met on several occasions. Teknobucks impressed a lot of people back then with his TSP moves and had a large following. But he was plugged into things that most are not. He shared a lot of info with me over the years and it gave me a much better understanding of how things really work in the financial sphere. Stuff you won't learn in school. That "stuff" comes in handy at times. This is one of them.

  6.  
  7. #6808

    Default Re: coolhand's Account Talk

    Hi CH, Does this have anything to do with cryptos, central banks, monetary issues dealing with high debt levels, etc??? I recall you talked about that not too long ago, so I looked back and found that discussion around posts 6669 to 6673 May 22 or so. I have thought about this but other than gold I'm not sure where we can safely put money. Looks like cryptos are still under attack. I do not recall your mentioning D5 previously.

    I do believe interest rate increases could really mess us up if done too quickly due to Much higher level of cash Govt would be required to raise to pay the interest on debt. In any case, not trying to get too political but having to raise more money to pay interest means higher taxes that will greatly affect our economy and market and standard of living.... when this bubble hits it's gonna be huge and I don't hear anyone talking about spending less and paying off the Govt's HUGE credit card balance (some on the books and some off books). Plus there is a unfunded pension bubble brewing as well with States and Private companies...plus college borrowing.... eeekkkkk… ok...now that I scared myself, I think I will go relax, eat dinner and fogettabout-it !

    Thanks for your posts and great analysis! Your Awesome as usual!!!!
    Last edited by DreamboatAnnie; 10-11-2018 at 04:44 PM.
    Don't take my comments as trading advice /IFT: 2-13-24=100G/https://www.theepochtimes.com/ & http://www.ewg.org/PermaCharts@p430#5159/strategy#4918p.410

  8.  
  9. #6809

    Join Date
    Oct 2004
    Location
    Orlando, FL
    Posts
    6,794
    Blog Entries
    1229

    Default Re: coolhand's Account Talk

    Quote Originally Posted by DreamboatAnnie View Post
    Hi CH, Does this have anything to do with cryptos, central banks, monetary issues dealing with high debt levels, etc??? I recall you talked about that not too long ago, so I looked back and found that discussion around posts 6669 to 6673 May 22 or so. I have thought about this but other than gold I'm not sure where we can safely put money. Looks like cryptos are still under attack. I do not recall your mentioning D5 previously. Thanks!
    Hi DA. It has to do with a lot of things financial and political. It spans many categories. Corruption is everywhere. Cryptos may be an alternative system for commerce. I cannot confirm this, but I own a fair amount of Bitcoin and a few others. Cryptos are under attack by the CBs. That won't last forever. Only until their stranglehold on the monetary system is broken. Same with precious metals. That's probably the best place to be for financial safety. As a side note, some online precious metals dealers will take crypto in exchange for precious metals. Check it out: https://www.jmbullion.com/2018-american-silver-eagle/

    What do they know that many of us don't?

    It is not my intent to alarm anyone. But I have been learning about banking and politics (as well as scripture) for many years now. I have no agenda other than to try and spread truth. But it's up to every individual to do their own research.

    D5 was simply a descriptive phrase from a very high level source that knows what is happening at the top of the food chain as a hidden war plays out. Check out this link:

    https://www.douknowq.com/

    D5 is specifically cited in this link:

    https://www.douknowq.com/134418/Q-Abbreviations.htm

    Don't dismiss this site lightly. It may be alien to those that are new to it, but you'll learn a lot here.

  10.  
  11. #6810

    Join Date
    Oct 2004
    Location
    Orlando, FL
    Posts
    6,794
    Blog Entries
    1229

    Default Re: coolhand's Account Talk

    A lot has changed in just 2 days. Of course, the DWCPF has been falling hard longer than that (not to mention the bond rout and foreign indexes, etc.). But now that large caps are playing catch up, it's getting real.

    S&P 500.png
    DWCPF.png

    Not only did the S&P 500 test its 200 dma, it blew well past it. It did manage to close off its lows of the day, for what that's worth. It's oversold too. Is that a good reason for buying? What's the risk? There are times when blindly following indicators can get one in trouble. Think 2008, but there's others.

    Do I need to point out how ugly the DWCPF is at this point?

    Remember how I've pointed out many times to just follow NAAIM since they were smart money. And as of last week they were bullish. They'd been bullish seemingly forever and it's paid off if you were long.

    This week, they got bearish in a hurry. Again, this is smart money. The options have not yet reported.

    Breadth continues to plunge, which is a big red flag. My intermediate term system looks bad, but one signal continues to keep it positive. See why I don't rely on it as a major indicator? It's not the system, it's the market. When things weren't so heavily manipulated, it actually worked much better.

    Risk is high. As I said a few days ago, in a normal market, I'd be more inclined to look for a rally soon and maybe we'll still get that (not likely to hold), but I don't view this market as normal. It is under attack. I consider it unprecedented attack. Best to get defensive on some level at this point. This could very well be a falling knife. And the market is much, much higher than in 2008.

  12.  
  13. #6811

    Join Date
    Nov 2009
    Location
    Petersburg, Alaska
    Posts
    471

    Default Re: coolhand's Account Talk

    CH, what is the next support level if any ??

  14.  
  15. #6812

    Join Date
    Oct 2004
    Location
    Orlando, FL
    Posts
    6,794
    Blog Entries
    1229

    Default Re: coolhand's Account Talk

    Quote Originally Posted by shitepoke View Post
    CH, what is the next support level if any ??
    The main ones have already been broken. We could look at longer term charts for a better answer, but when the selling happens this fast, there's something else at play. That something may not care about support levels. With volatility at much higher levels now, the action could get crazy up and down. Futures are climbing this evening. Better to sell strength (not necessarily 100% cash, though that's up to each individual) than look for support right now. Just my opinion. Any strength may be a dead cat bounce.

    Precious metals are a very good hedge to a meltdown. If a global reset is in progress (could still take weeks to months), and I believe it is, many will seek shelter in tangible assets. Keep in mind, our monetary system uses fiat currency. Money made out of thin air. It has no intrinsic value. If currency begins to lose value, do you want to hold it? Think inflation, which is really just a hidden tax on your wealth.

    The good news is that the reset is supposed to rebaseline our entire system. Many debts are likely going to be wiped away (at least unsecured debt). Credit cards, student loans, etc. These kind of debts may disappear. Yes, I'm saying we might not have to pay them back in this scenario. That's part of what a global reset does. It makes us whole again.

    This is a really a deep subject and there is no shortage of questions that may arise out of this. Check out the X22 report. That's a good starting point to begin to learn what's going on.

  16.  
  17. #6813

    Join Date
    Oct 2004
    Location
    Orlando, FL
    Posts
    6,794
    Blog Entries
    1229

    Default Re: coolhand's Account Talk

    The bulls had their worst week is some time last week. All 3 TSP stock funds were down between 3-5%. Most of that carnage came Wednesday and Thursday. Friday saw some extreme volatility as prices fell much lower by early afternoon, but buyers stepped in and drove price higher for decent gains on the day. It was the kind of action that you would typically want to see when looking for a bottom. The question is, is this market typical? In my opinion, no. You will see strong opinions from both bulls and bears at this point as both camps try to justify their perceptions of where things go from here.

    S&P 500.png
    DWCPF.png

    We can see that the S&P 500 recaptured its 200 dma. The long tail is bullish. Momentum may have bottomed. RSI is still oversold. We could certainly turn back up from here if this is a "V" bottom.

    So, what else can we see from the 2 charts above. Price on the DWCPF is still well away from its 200 dma. It is in a much more precarious condition than the S&P 500. When small caps are struggling, it isn't generally bullish for the market, so I am careful not to put too much weight on the S&P 500. The large caps are considered safe havens in times of market uncertainty.

    TRINQ closed at a very low level on Friday, which is bearish for the Nazdaq on Monday. Breadth went mainly sideways on Friday, so it remains bearish for now. The options are on the neutral side. NAAIM is bearish.

    I don't mention precious metals in my market commentary much, but it should at least be noted that gold is trying to break to the upside. Precious metals have been a heavily manipulated market for decades so we'll see a battle over price control in this arena too. I'm watching it carefully. Silver is also something to watch.

    I remain bearish overall, but we could see price try to continue recovering in the short term. I have outlined bullish and bearish aspects of the market above, but I tend to think the bears may be in the beginning stages of getting the upper hand. We'll just have to see how it plays out from here.


  18.  
  19. #6814

    Join Date
    Oct 2004
    Location
    Orlando, FL
    Posts
    6,794
    Blog Entries
    1229

    Default Re: coolhand's Account Talk

    The bulls did not get nearly as much follow through as they would have liked on Monday. As a matter of fact, some indexes retraced a least some of Friday's gains. Small caps were a bright spot in a mixed market.

    S&P 500.png
    DWCPF.png

    Price on the S&P 500 is back below its 200 dma. Now, up/down action is generally associated with putting in a bottom. But that is not a given.

    Breath ticked a bit higher today, but nothing to write home about. The options look neutral heading into Tuesday.

    Overall, not much changed aside from the S&P not holding a key average. More choppy action may be in store for Tuesday.

  20.  
  21. #6815

    Join Date
    Oct 2004
    Location
    Orlando, FL
    Posts
    6,794
    Blog Entries
    1229

    Default Re: coolhand's Account Talk

    The indicators weren't telling me much at Monday's close other than to continue being cautious. I thought we'd see more of the same on Tuesday (chop with some volatility), but Tuesday's action was a gap and go kind of day as price shot to the upside and largely biased higher into the close for some pretty decent gains. Given the oversold conditions and stretched technical indicators, its wasn't a huge surprise to see a big short covering rally.

    S&P 500.png
    DWCPF.png

    I know the bulls are a happy bunch right now, but this market isn't out of the woods. Price on the S&P 500 did retake its 200 dma, but remains well under its 50 dma. The DWCPF has not yet reclaimed its 200 dma, let alone its 50. However, momentum is turning up. Breadth has turned up (still negative).

    The OEX is bullish for Wednesday, while the CBOE is neutral. I'm very interested to see where NAAIM is come Thursday. They saw a spike in bearishness last week. Was it a short term bearish bias? We'll see in a couple of days.

    A turn like the market had today could have legs. But we could also head lower to test support at some point even if we rally higher first. We haven't seen much in the way of whipsaws in some time. This could be one of those times...or not. We'll have to watch it play out.

  22.  
  23. #6816

    Join Date
    Nov 2009
    Location
    Petersburg, Alaska
    Posts
    471

    Default Re: coolhand's Account Talk

    CH,
    yer talkin' watch it play out...so what do you do. Is yer money on the sidelines...You used to say go long. What'er ya doin' now. We all know that its our money...our risk but it sure is nice to watch/read/listen to someone with yer experience/time in the game...I personally went bankrupt last year and cant afford a prime service and i damn well, as most folk around here do, appreciate readin' yer stuff whether we choose to run with it or not so "keep on chooglin" as the Creedance song would say.
    EJJ

  24.  
Page 568 of 704 FirstFirst ... 68468518558566567568569570578618668 ... LastLast

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
S&P500 (C Fund) (delayed)
coolhand's Account Talk
(Stockcharts.com Real-time)
DWCPF (S Fund) (delayed)
coolhand's Account Talk
(Stockcharts.com Real-time)
EFA (I Fund) (delayed)
coolhand's Account Talk
(Stockcharts.com Real-time)
BND (F Fund) (delayed)
coolhand's Account Talk
(Stockcharts.com Real-time)

Yahoo Finance Realtime TSP Fund Tracking Index Quotes