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Re: No-Quarter post# 298

Friday, 02/23/2018 5:25:22 PM

Friday, February 23, 2018 5:25:22 PM

Post# of 2188
If I was following my rules (meaning if I was now in cash, which I am not), I would still be in cash as this week ended.

Thursday and Friday of this week did not see the $USHL5 make a strong move towards 1000.


stockcharts.com/h-sc/ui?s=$USHL5&p=D&yr=1&mn=9&dy=0&id=p25593898639

When it goes below zero, I typically cash out and sit on the sidelines. I will likely do the same again if/when it happens. I typically buy back in when the chart is above zero, and making a strong move towards 1000.

< 0 = Negative, Go to Cash
> 0 < 1000, Neutral. Follow the trend. Buy in if rising. Prepare to sell if falling.
> 1000 < 2250, Positive. Get in if not already.
> 2250 = Bullish. Stay in.



Interestingly, the $USHL5 chart appears to have stalled near 200 yesterday and again today,

http://stockcharts.com/h-sc/ui?s=$USHL5&p=D&yr=1&mn=9&dy=0&id=p25593898639

...and the $USHL has been dancing around the zero line all week.

http://stockcharts.com/h-sc/ui?s=$USHL&p=D&yr=1&mn=9&dy=0&id=p25593898639

If these two charts turn back down next week, I will be going to cash and sitting on the sidelines with you!

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