Thread: FAB1 Account Talk

Let the market drop, who cares.

I was being a bit rash and Claudine might have said - Claudine Longet -



A lot of great commentary and analysis from the posters on this board.
Good chance prolly to make some money this week for those that have an IFT
and time it right.

But the HUGE rounded top staring us in the face screams make your trades short.

This should be an interesting week. Good Luck to All!

Fab has it been a Whole Month since u posted?

And the F fund has been very very Good to me!

Yesterday was a Dead Cat bounce - we will see a lower bottom, not sure how low but I am ready to Buy Low when we get there!

Well, I DID not buy that I fund dip - I even had the IFT made and then squirrelled out (this was when I fund was perfectly positioned around 54.5 right after the spinning top, Jun 15th)

Of course IF I had proceeded I would have most likely stayed TOO long and lost it all TODAY!

Beware what the PPP and limits may do today - there could be a lot of sell orders dropping over the weekend they will show up on Monday like Fat Boy over Hiroshima.

EFA -6.94

After a majestic V bottom recovery over the last week the I fund returns to it's lowest fund of 2016 status.

That was quick

CNBC will talk-up this lukewarm attempt at gains until the markets see RED. Then blame some political figure or other boogeyman! HA!

Bond buyers have already seen the writing on the wall this summer - SPX has a long way to fall to make it's lower low.
Blessed be the F fund, Amen.

As might be expected $TRAN is leading the charge (downward) towards a neg. reversal day.

The EFA may hold on to most of its gains, but will of course get shell-shocked at the next dip with the $ Up.

Still very much in the Danger Zone so proceed with caution.

;swearWell the market made a monkey outta me. ;swear Those recent comments were embarrassing seeing where the SPX is today.

But I did do a quick In & Out with a couple of the stock funds today (too late to log in the tracker though)

So if current gains hold I will come out with a little more than the F fund mustered in June.

And tomorrow starts a new round of IFTs. Can kick back on the lily pad a few days and see what develops.

Have a great Holiday weekend and Independence Day!

Nice move yesterday!

Originally Posted by Whipsaw

Nice move yesterday!

Um, yeah, thanks! I wasn't deeply invested at the time but it did save me some losses since that
was a real dropoff on Friday. The $SPX was running nearly flat for too long, figured if a market drop
occurred I might do better looking for a lower buy price.

Not sure I trust the speedy recovery in $spx today either - it seems to be running the race nearly alone and fueled mainly by the tech sector - over what? a new Iphone or something?? meh/

Maybe hitting 200-day ema is still in play?? the week is young.... we will see.

100% I fund - With Rate Hike on hold for another bout looking for a nice bounce to the upper gap,, maybe EFA 60 ??