shillllihs
6,090 posts
msg #130299
- Ignore shillllihs
modified |
8/5/2016 2:45:41 PM
I will not share anymore about this.
It is time for Shills to keep his ear to the ground
and listen for changes.
⌛️⏳👙
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c1916
77 posts
msg #130303
- Ignore c1916 |
8/5/2016 4:07:04 PM
Timing is everything. It's coming eventually, but I've been on the wrong side for the past 6 months. Being early to that call sucks. At this point, I'm actually hoping for the drawdown you predict in the next 2 weeks. It may be 2 years away, though, instead of 2 weeks. All that money spent hedging and protecting is trickling down the drain... Cash reserves are at the highest point ever for me, though.
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shillllihs
6,090 posts
msg #130304
- Ignore shillllihs
modified |
8/5/2016 4:40:29 PM
I had to bail the Iyz trade at 33.48, not because I feel it's broken,
but because I don't want to be caught. short..
Waiting for Sh to touch lower weekly Acc. Band(20) and or
Parabolic to go green on Tvix plus another proprietary method that I use
to trigger before going short. It will happen with 1 more big green day.
You are right, learned 15 years ago about knowing direction and getting in
too early and it sux.
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pthomas215
1,251 posts
msg #130306
- Ignore pthomas215 |
8/5/2016 6:05:53 PM
c1916, fundamentals would never support 2 more years without a significant drop in my humble opinion. something besides an election year has to be the reason why we are setting new highs in the dow snp nasdaq. i think we will see a decent dip in august , but a rebound and decent jobs reports up until the election.
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c1916
77 posts
msg #130308
- Ignore c1916 |
8/5/2016 11:05:09 PM
I was being hyperbolic PThomas. 2 more years of a roaring bull? Odds of that have to be infinitessimal.
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pthomas215
1,251 posts
msg #130309
- Ignore pthomas215 |
8/5/2016 11:30:45 PM
oh man, my apologies. I thought you were serious. ha. wanted to share with you what I am going to use as an entry point on tvix. pull up this filter and look specifically at the stochastic SMI. when the blue line crosses above the red line, I will use it as an entry. the more spacing between blue and red after the cross, the longer the hold time. Pull up SDRL and look at the blue line crossing above the red as an example. Then just plug in TVIX and over the next week wait for the cross up above red. It's not super sophisticated but it is what I am going to use as an entry point.
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shillllihs
6,090 posts
msg #130312
- Ignore shillllihs
modified |
8/6/2016 12:33:16 PM
Always the critic but it's my nature. Wouldn't the ift(2,1) seem more reliable
than the stoch? If you switch it to weekly stoch. It brings up Oil. Last time it pulled
it up Oil went from 10 to 13.
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shillllihs
6,090 posts
msg #130313
- Ignore shillllihs
modified |
8/6/2016 2:07:08 PM
Keep It Simple Stupid
Works great in a Bull market and recovers
Great after a Bear...
KISS
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shillllihs
6,090 posts
msg #130314
- Ignore shillllihs |
8/6/2016 2:15:54 PM
HUG
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pthomas215
1,251 posts
msg #130317
- Ignore pthomas215 |
8/6/2016 9:14:48 PM
shillihs, I welcome it ! I really do, as I can always learn more. And I agree with you IFT is a very consistent indicator on momentum. appreciate the additional filter.
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