My logic on today's move (100% to L fund) is that if this down turn was just a correction, and the bottom was in for the correction, then we may see a new high for SPX around 2145 or higher eventually. However, with the current market condition, selling may not be over yet. The first thing SPX needs to clear is sustaining today's pop and then clear 1950 level. There will be a significant resistance around 1950. So I think I may have chance to move back in next week before it takes off. Otherwise, I will sit out in L-20 (more like half in and half out) until all clear signal is observed. Good luck folks.
Oh btw Sarah, I set a trailing stop loss on my SVXY position so that I can keep my gains since Wednesday. If it does trigger it next week, I'll also set up for positioning UVXY again. Lately, I'm trying to make up the losses from my TSP by switching between these two leveraged ETFs and it works as long as the market is volatile like it has been for last few months.
On Fri, Jan 22, 2016 at 12:59 PM, jmbud2@gmail.com [TSP_Strategy] <TSP_Strategy@yahoogroups.com> wrote:
FWIW - I had been looking for any bounce since DWCPF slipped below 925 to move my last 15% out of S. I did so on today's small bounce with 5% more into G and 10% into F. Still holding 25% in C. I hope it holds through the day! Good luck to all!
__._,_.___
Posted by: Paul <ur12bfriend@gmail.com>
| Reply via web post | • | Reply to sender | • | Reply to group | • | Start a New Topic | • | Messages in this topic (12) |
Neither the TSP Strategy group, nor individual members, are licensed or authorized to provide investment advice. Any statements made herein merely reflect the personal opinions of the individual group member. Please make your own investment decisions based upon your personal circumstances.
.
__,_._,___
Anda baru saja membaca artikel yang berkategori dengan judul Re: [TSP_Strategy] Re: Is this the bounce?. Anda bisa bookmark halaman ini dengan URL https://1stleadershipworkshop.blogspot.com/2016/01/re-tspstrategy-re-is-this-bounce_47.html. Terima kasih!
Ditulis oleh:
Andriansyah -
Belum ada komentar untuk "Re: [TSP_Strategy] Re: Is this the bounce?"
Post a Comment