Can someone let me know

    Posted by mwelch22 on 13th of May 2019 at 10:09 am

    Can someone let me know when the 401K Paint Dry System went long, I missed the entry.  Thanks

    I sent you a pm

    Posted by matt on 13th of May 2019 at 10:17 am

    I sent you a pm

    Hi Matt, please send me

    Posted by goap1207 on 13th of May 2019 at 11:46 am

    Hi Matt, please send me info on the 401k paint dry systems.  This is what I use as well!  Thanks

    guys on that 401K stuff.

    Posted by matt on 13th of May 2019 at 12:15 pm

    guys on that 401K stuff.  again realize we have a very fluid market here in the short term.  As I already covered the weekly SPX system I am using went long on Feb 1st, the newer monthly SPX system would have held in the fall but then exited Feb 28th, then went back long March 1st (monthly systems in this environment typically late to the game) and typically when they go on a buy the market is overbought.  Going into May we all new that the market was tired, had a wedge like pattern on the daily, and typical sell in may stuff. Now could someone monitor this correction who is fully in cash to looking at dip buying, especially since the market is LOWER than it was where the SPX monthly went long end of March (of course no where near Feb  1st lows).  That is something one could consider since SPX is below where the Monthly entered end of March. Again I'm not an investment adviser, I can't advise or tell you what to do, only point out things.  I will say that in this environment monthly systems are low to respond, hence why I added the weekly system. Realize that these systems are slow and there are no where close to exiting back to a sell now. 

    Over the weekend I went over some educational things such as the 60 Stochastic, BPT BR Squeeze, using the whipsaw confirmation method, and using a simple system of raising stops.  Something like that could be applied to the markets and is something I may consider doing here with the daily SPX BPT MA Deluxe as that method would have had one stop out of the SPX around 2900 last week.  I might also be able to apply the stop ratcheting system to the weekly SPX system but have not had time to investigate yet.  

    here's those charts I discussed on weekend, the daily SPX: The BPT ATR which is now below zero but needs a confirmation candle to give a sell. The 60 Stochastic, which is nearing 50%. And the fast reaction BPT MA Deluxe which can be used to set tight stops higher lows over time, one would be out in cash at 2900.  Some sort of trend system could be developing using these that always keeps one out of trouble but in for trends.  I think the combination of higher low stops and the trending indicators probably some combination. That's why last week I said i was working on something big, but hadn't fully fleshed out yet, but these are what I'm thinking

    going forward I will be

    Posted by matt on 13th of May 2019 at 01:13 pm

    going forward I will be providing the hard stop numbers on the daily BPT MA Deluxe SPX chart

    Matt can you send me

    Posted by jdaswani on 13th of May 2019 at 10:27 am

    Matt can you send me as well..I like following paint dry too


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