113 replies to this topic
Posted 19 November 2005 - 05:16 PM
Hanky, as a member of this wonderful and educational site I cannot believe I have neglected your posts. I promise to be here more often and to learn your skills. Thanks for all your doing. have a great weekend
Posted 20 November 2005 - 09:53 PM
I appreciate knowing someone is reading this stuff and my posts are not in vain!
Cyclical Bull well intact...
I have shown this chart before with RAFF system which is still on a BUY since 2002 bottom and Gann Square of the High levels.
Also the 21/55 week SMA cross-over has worked well to denote VLT changes in the trend...had a close bearish "brush" but no cross over this year!
And we are challenging the .618 FIB retracement but no Gann level of significance until the 2/3 Gann Sq of the High level at @1294
As you can see the Gann 1/2 Sq of the High level @1164 served as very important resistance and then lastly support, naturally.
Lastly as I have shown in the Gann thread also, are the 1987 low 1X1 and Zero line...we are most noticably bouncing are way right up the 1X1 !
Posted 24 November 2005 - 12:08 PM
Happy Thanksgiving Gang!
CT remains on BUY
HOM = BUY
QQQQ long position up 8% as I continue to hold.
I believe we will see continued strength into early December then maybe a bit of a pull-back before the final push up into the New Year if this behaves like most typical year end rallies which it has so far.
Posted 01 December 2005 - 06:10 PM
Posted 03 December 2005 - 11:12 AM
CT Weekend Update:
CT = BUY
HOM = BUY
Long QQQQ now up 9%
Some caution warranted here as we approach the upper TL pushing into the upper BB...internuts approaching their prior major high also a point not to be ignored particularly since this entire rally has extreme speculation written all over it and typical of later stages of bull cycles. Rumors of GOOG being added to the QQQQ's
But the financials continue to perform...stay tuned...
Posted 05 December 2005 - 08:56 PM
CT issues a CASH signal 12-5-2005.
We will be closing our QQQQ long position at the open tomorrow for a nice
8+ % gain
[HOM remains on BUY (L.T. SP 500 signal)]
Posted 10 December 2005 - 07:44 PM
CT remains in CASH
HOM still on a BUY and up @8%
So far this year CT has produced a 10.9% return with 5 trades, 3 winners, 2 loosers. Double the performance of the major indexes, all at 5% or less.
See chart below.
Anything can happen market...but the bias is still UP and longs should be favored.
I time a 401K I have using HOM signals.
I still need to post the HOM performance chart but it has way outperformed the SP over the last 1,3,5,10 & 20 year periods!
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