I would never stop scoring JAZZ. Sure, after a stock loses interest from the fast money crowd and moves on, that's often when you can find some nice edge and beat the crowd back in. There are some stocks where the crowd never leaves no matter how bad the price action is.
The ACD Method
- Thread starter sbrowne126
- Start date
I would never stop scoring JAZZ. Sure, after a stock loses interest from the fast money crowd and moves on, that's often when you can find some nice edge and beat the crowd back in. There are some stocks where the crowd never leaves no matter how bad the price action is.
It depends which market you are talking about. If it's the S&P 500, usually I see a breakdown in the number lines of the individual names first before I see a breakdown in the index value itself. This makes sense intuitively because as you get near a top, it's usually the higher market cap names dominating the move. So fewer and fewer names are leading the rally. However the index (which is market cap weighted) has a built in bias for the larger market cap issues and therefore can keep going higher.
Good Labor Day to fellow ACD followers and Mav groupies (Call 1-800-Mav-Cool to join the fan club).
These are some of the big market items I track to shuffle my Retirement Mutual Funds (RMF’s). I’ve unhid a few mutual funds for reference (though I haven’t added them all).
XLK has been positive since 5/9/14. If one had waited a couple days after confirmation for Instant Gratification (IG) and then picked up a little FSPTX, you’d be up nicely.
XLV confirmed my 30 day on Friday. If I get good IG over the next few days I’ll add a dab of that to my RMF’s.
IVE confirmed my 30 day on Friday. Good IG and I’ll add a bit.
IJT also confirmed my 30 day on Friday. I closed most of it out back on 7/18 when it went two days below 0.
IJS could confirm tomorrow as only a 0 falls off.
GLD confirmed negative on 8/21.
SLX confirmed negative on 8/25.
TLT has been positive since 7/17.
UNG confirmed negative on 7/21.
(Note: My daily A up/down requirements are more stringent than MF teaches [I know, the audacity]).
These are some of the big market items I track to shuffle my Retirement Mutual Funds (RMF’s). I’ve unhid a few mutual funds for reference (though I haven’t added them all).
XLK has been positive since 5/9/14. If one had waited a couple days after confirmation for Instant Gratification (IG) and then picked up a little FSPTX, you’d be up nicely.
XLV confirmed my 30 day on Friday. If I get good IG over the next few days I’ll add a dab of that to my RMF’s.
IVE confirmed my 30 day on Friday. Good IG and I’ll add a bit.
IJT also confirmed my 30 day on Friday. I closed most of it out back on 7/18 when it went two days below 0.
IJS could confirm tomorrow as only a 0 falls off.
GLD confirmed negative on 8/21.
SLX confirmed negative on 8/25.
TLT has been positive since 7/17.
UNG confirmed negative on 7/21.
(Note: My daily A up/down requirements are more stringent than MF teaches [I know, the audacity]).
US Dollar new highs...
USD/JPY getting close to tagging 105...
sigh...i always tp so early.
Yeah and last week I think on Thursday there was perfect opportunity to enter this trade on failed weekly A down which for me was to the tick @103.56
Maybe its time for long awaited fall of the yen to like 120 or smth like that. After failed monthly A down it really looked pretty weak and now it looks like the real breakout.