I still think everything right now depends on the situation in Washington, but here are my thoughts on the Daily S&P chart and my prediction of where it might be headed, in a perfect world that is.
Twodaystocks' account talk
Got scared out of C today when the Pres was talking. S&P hit 1402 and I did a stupid panic interfund transfer from c to g. I left to run an errand and when I got back, it was back up over 1410. IM SO DUMB!! Looking at the weekly chart, even though it hit near 1400 and was below its 5 ema, it did not CLOSE below it. Also, to make myself feel more ignorant, the weekly lows are ASCENDING, not DESCENDING. Long story short, I think I sold when I shouldn't have, especially with more news coming at the end of the week and congress taking a long weekend. Oh well, live and learn I guess. If I still like the chart at EOW, or Monday, I'll more than likely transfer back in.
I still think everything right now depends on the situation in Washington, but here are my thoughts on the Daily S&P chart and my prediction of where it might be headed, in a perfect world that is.
Twodaystocks' account talk
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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