Answer: I suggest you listen to the
January 31st Weekend General Market Newsletter as it appears you
have not been diligent in listening to the
newsletters.
that subject has been discussed ad nauseam torvix, you've
probably just skipped out on newsletters. Especially when I
do the weekend newsletters. I will discuss once again today,
however I don't see you as one who would care so much about a slow
monthly system like that really.
One of them I recall was in
Jan 31 newsletter, In Jan when the SPX rallied to 1940, I said, now that the SPX
has rallied nearly 130 points off the lows, for those of you
following that 401K system, instead of waiting for that to go on a
sell signal, why not use this 130 point rally off the lows to start
exiting longer term positions? I said that in the newsletter.
Open that newsletter and listen to what I said
otherwise I will discuss today, assuming last week's lows put in
some sort of primary wave A of the bear market and we see a primary
wave B bounce that typically retraces 50% - 62%, I will likely move
the system to cash on that bounce because right now the system
won't turn red until price closes below the Jan low and last week's
low on a closing monthly basis. Why wait for that, best to
use a good rally to get out at better prices.
401k Long term system
Posted by maverick on 14th of Feb 2016 at 10:53 am
I didn't see the Feb 9th newsletter with the update to it, does anyone know where it stands or which newsletter he had an update to?
there is a link on
Posted by junkie on 15th of Feb 2016 at 09:28 am
there is a link on the website under long term tools.
Nothing is mentioned in the feb 9th newsletter, on the subject
Posted by torvix on 14th of Feb 2016 at 03:29 pm
Answer: I suggest you listen to the January 31st Weekend General Market Newsletter as it appears you have not been diligent in listening to the newsletters.
that subject has been discussed
Posted by matt on 15th of Feb 2016 at 10:42 am
that subject has been discussed ad nauseam torvix, you've probably just skipped out on newsletters. Especially when I do the weekend newsletters. I will discuss once again today, however I don't see you as one who would care so much about a slow monthly system like that really.
One of them I recall was in Jan 31 newsletter , In Jan when the SPX rallied to 1940, I said, now that the SPX has rallied nearly 130 points off the lows, for those of you following that 401K system, instead of waiting for that to go on a sell signal, why not use this 130 point rally off the lows to start exiting longer term positions? I said that in the newsletter. Open that newsletter and listen to what I said
otherwise I will discuss today, assuming last week's lows put in some sort of primary wave A of the bear market and we see a primary wave B bounce that typically retraces 50% - 62%, I will likely move the system to cash on that bounce because right now the system won't turn red until price closes below the Jan low and last week's low on a closing monthly basis. Why wait for that, best to use a good rally to get out at better prices.
401K
Posted by iaranger on 15th of Feb 2016 at 10:13 am
listen to Jan 31st newsletter that Feb 9 comment is form 2015 as has not been updated since then