Well said. Until the market proves this isn't a double top forming, there's nothing but enormous risk buying in at this moment. The markets are fairly extended already (+10% above their 200 DMA's)...
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Well said. Until the market proves this isn't a double top forming, there's nothing but enormous risk buying in at this moment. The markets are fairly extended already (+10% above their 200 DMA's)...
Moment of truth coming up this week and next. If the S&P500 doesn't make a higher high (1594+) then I'm expecting a staggered drop in May down to low 1500's. I'm convinced we've already seen the...
And if you ask me I'd say the winter and spring gains are drying up. Now is the time to be cautious and pool your money. This summer is approaching fast and why mess with 50 day EMA buy-ins and...
Patience is a virtue and it looks like its about to pay off. I'm strongly leaning towards the S&P makes a failed attempt at a higher high going into May. Then the rest of May being just awful. As...
Is this a possible double top in the short-immediate term? Twice the bull market hasn't held above S&P 500's 1560's range. My guess is now the bears will test the 1540's support. Unless it holds,...
Moving 100% to the G Fund today. Everything that I track and follow says time to collect the profits. Besides, when even the morning shows pay special attention to the all-time record Market highs,...
Past two weeks saw the sideways action turn into a market dip towards the 50 DMA's. Absolutely perfect scenario if you're a bull looking for new market highs. I'm looking for NO breakout above 1515...
Some much needed sideways/net-zero action these last few days. I'd still really love to see a dip to the major markets' respective 50 DMA's.. but how often do we get what we want?
Starting to pay close attention to the daily charts now. To date the S&P 500 is +8% compared to its 200 DMA.. so I feel there's still room to run albeit much less now. BEST thing for me would be a...
Agreed! Can't predict the news so the only "worry" should be if the intermediate market gets overstretched. IMHO that will be around 1530-1550 for the S&P 500.
Still holding 100% S Fund after a buying in during the mid November lows. To date the S&P 500 is only 5% over its 200 DMA so I'll be staying put for now. Can't complain with a 10% boost in my...
The 1st can't come quick enough. More buying power and these nice low market prices. Fiscal cliff worries, Middle East unrest/fighting, and the EU mess is all just same news different day in my...
S&P 500 seems to have temporarily bottomed at it's 200 SMA. I've been building buying power for the last 2-3 months, so used my first ITF this month. Now 100% S Fund. Definitely bullish for the...
BTW, I've added a Price Relativity strategy to help guide my decisions here. Just an unemotional reminder to myself when bullish runs become tired and overextended (hence a correction is due). When...
Hey all! I've been away for a long time but now I'm back. Long story short, I was deployed to Afghanistan for the greater half of 2011 and into 2012. I'm happy to say I'm back in the States safe &...
UGH, 4 out of 5 times the ADP and Nonfarm payrolls reports match up. This just HAD to be one of the times it didn't after I bought in. *sigh* Can't wait to see how much of an intermediate dip this...
I absolutely do indeed. I bought in early June and road a big rally up and an even bigger drop down in June/July. Back then my mindset was since I bought in at the Markets' 200 SMA that I would...
I'm not too worried about missing last week's 5% upside movement. How many times last summer did we see 5% movements up and down from May to Sept? How many of us, me included, timed one or two of...
Used 1st ITF of the month to move 100% S Fund. That ADP jobs # was solid, Initial Claims was lower and other reports prior have been suggesting the worst of the soft patch is over. Hopefully this...
Briefing.com is good. Or if you just want a quick reference, http://biz.yahoo.com/c/e.html
I was a doubter when you said VIX to sub-15 and new year highs in the markets by the end of July. Well Birchtree, I stand corrected. Based on what the VXO and DJT have already done last week I...
I'm still holding 100% G fund currently. Though the day's not done it, the Dow Transports has fallen back below the 1 year high it made last Friday. I don't know how much weight others give it but...
Smart play imo. I keep forgetting to look at ALL the moving averages instead of just the ones posted in blogs and articles. The 50 and 100 Moving Averages have temporarily combined with the...
Well first we gotta get through the 50 SMA and the top of the original descending trend line. (no easy task) Now yes it could be done with a little help from today's Initial Claims. Something...
Wow I might be bullish but you're saying a new 52 week high by end of July? No way imho.
Of course my simple comment and all the other short-term bearish 'dumb money' does make it more likely.
S&P500 (C Fund) (delayed) (Stockcharts.com Real-time) |
DWCPF (S Fund) (delayed) (Stockcharts.com Real-time) |
EFA (I Fund) (delayed) (Stockcharts.com Real-time) |
BND (F Fund) (delayed) (Stockcharts.com Real-time) |
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