Thread: Interfund Transfer 7/31 for 8/01/07

So your not going to leave alittle in? And your going opposite of the Sentiment Survey which has done great so far.

http://www.tsptalk.com/mb/showpost.p...93&postcount=1

http://www.tsptalk.com/mb/showpost.p...9&postcount=48

That would be the smart thing to do, but you know me.

I have a hard time with mixed allocations. If I'm 50% G or F, and 50% in stocks, I don't know if I want the market to go up or down. For me to be comfortable, I have to either believe the market is going up, or down, and I have a suspicion that the market will turn right back down after it comes out of th oversold position.

I am happy with the 1.75% gain in the last 2 days (if it holds). I don't like going against the ebbchart but the sentiment survey does have a tendency to be early. I'd be curious to see what the survey would say today if this 1.5% to 2% relief rally holds. Remember that Trader Fred is still smelling a rat. The strength chart is showing no signs that a near term rally will hold.

I hear what your saying ( yes, I do know you, but I still say your moves are different now than in the past), and it is nice to take the sure money and run. I smell a rat trap too, and I think the big boys want to convince the retail investor that now is their time to get in. So I guess we now watch the volume, $vix, and the climb up the wall of worry again.

Originally Posted by tsptalk

I have a suspicion that the market will turn right back down after it comes out of th oversold position.

Originally Posted by vectorman

I hear what your saying ( yes, I do know you), and it is nice to take the sure money and run. I smell a rat trap too, and I think the big boys want to convince the retail investor that now is their time to get in. So I guess we now watch the volume, $vix, and the climb up the wall of worry again.

The Nasdag 100 is barely hanging on(currently down .2%). That's got to be a red flag?

Originally Posted by tsptalk

That would be the smart thing to do, but you know me.

LOL!

If you can't laugh at yourself, someone else will.

Anybody else starting to hate the noon deadline? We could have booked a nice gain this morning.

Who's in for capitulating. They've got my vote.