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Thread: FogSailing's Account Talk

  1. #1045

    Join Date
    Jan 2006
    Location
    Phoenix, AZ
    Posts
    2,913

    Default Re: FogSailing's Account Talk

    If it's at the top the pullback will have to move through this resistance..
    …still think regression…
    2858, 2835, 2798, 2767, 2750, 2731

    Still, now that everyone is thinking pullback...don't be surprised if the big boys take her higher..

    FS
    FogSailing
    Try to learn something about everything and everything about something.

  2.  
  3. #1046

    Join Date
    Apr 2008
    Location
    Cleveland, Ohio
    Posts
    9,121

    Default Re: FogSailing's Account Talk

    Good day so far for those in the "S" fund.
    May the force be with us.

  4.  
  5. #1047

    Default Re: FogSailing's Account Talk

    Until that sell off at the end of the day that cut the gain in half.

    How I hate those end of day sell offs.
    Allocations as of COB Aug 31 : 100% G. | Retirement Date:Dec 2022
    Past Returns:
    2017 13.10%, 2016 -1.79%, 2015 8.71%, 2014 -7.39%, 2013 17.29%,5Yr Avg 5.58%

  6.  
  7. #1048

    Join Date
    Jan 2006
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    Default Re: FogSailing's Account Talk

    So far, the Fibs are exactly correct. If resistance at 2836 holds, i think the market bounces to 3000. If not, next stop is 2800 or 2798. Lots of resistance there as well.
    Let's see what transpires next week.
    For what it's worth, increased costs of steel and aluminum products because of the tariffs have arrived. Many cities complaining about it on their larger purchases. Stand by for more job losses in SC, AL, and IA in the not too distant future. Expect to see spikes in all products using steel and aluminum.

    FS
    FogSailing
    Try to learn something about everything and everything about something.

  8.  
  9. #1049

    Join Date
    Jan 2006
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    Default Re: FogSailing's Account Talk

    I'm guessing we're headed to 2819 today based on yesterdays pay back for the big boys. Volume was nill. Some days you just realize the big boys win because they own everything.

    FS
    FogSailing
    Try to learn something about everything and everything about something.

  10.  
  11. #1050

    Default Re: FogSailing's Account Talk

    Quote Originally Posted by FogSailing View Post
    I'm guessing we're headed to 2819 today based on yesterdays pay back for the big boys. Volume was nill. Some days you just realize the big boys win because they own everything.

    FS
    nailed it

  12.  
  13. #1051

    Join Date
    Jan 2006
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    Default Re: FogSailing's Account Talk

    As we head into a new week...here's a thought I found worth consideration..

    China is just about to finish its bear market and US is just about to finish its bull market?

    Here's a picture of the long term graph for RUT..

    Best of luck Out There..

    joe-friday-small-caps-attempting-20-year-breakout-aug-17.jpg

    FS
    FogSailing
    Try to learn something about everything and everything about something.

  14.  
  15. #1052

    Join Date
    Jan 2006
    Location
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    Posts
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    Default Re: FogSailing's Account Talk

    I have no idea where things go this week. All the bulls are saying more more more...
    With so much enthusiasm, it had has me questioning whether that is true...
    Good luck. i went to sidelines last week awaiting a new entry point.

    FS
    FogSailing
    Try to learn something about everything and everything about something.

  16.  
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