Burrocrat's Account

[burrocrat]

placed limit order for buy SCHX in roth account at $29.99, just in case the bottom falls out this afternoon.

(Dow large cap 750)

[etftalk]

Close: 30.05 low.

[burrocrat]

getting my can kicked on the UNG trade.

picked up SCHV at $29.49 first thing this morning.

order in for SCHX at $30.99.

both in ROTH IRA.

[XL-entLady]

getting my can kicked on the UNG trade.

picked up SCHV at $29.49 first thing this morning.

order in for SCHX at $30.99.

both in ROTH IRA.

SCHV has an interesting chart. Good luck with the trade!

[burrocrat]

SCHV has an interesting chart. Good luck with the trade!

care to elaborate?

maybe teach a mostly sentiment guy a little technical stuff?

brokerage says SCHX buy order got filled around noon today at $30.99 in ROTH IRA.

[XL-entLady]

care to elaborate?

maybe teach a mostly sentiment guy a little technical stuff?

brokerage says SCHX buy order got filled around noon today at $30.99 in ROTH IRA.

Well, it looks like SCHV's prices follow a good wave pattern, up and down but in an upward trend. And yesterday was the third down day, but the daily price action shows that buyers came in at the last and pushed the price up. Now today is an up day from yesterday. And you're above the 200 and 50 day moving averages, and the 50 is above the 200. Until the trend reverses, the EFT looks good to me.

The only thing I would worry about is that there is not much diversification between SCHX and SCHV. If one is good they both are and if one goes bad they'll both go down.

Questions? I don't even pretend to be an expert but I'll try to answer.

[burrocrat]

i placed a few sell orders to trigger at about 1% up from yesterdays close, if the market starts running i'll be mostly holding cash and losers.

[burrocrat]

roth ira:

schx in 30.99 out 31.54 = 1.77%
schf in 27.65 out 29.35 out = 6.12%
schv in 29.49 out 29.79 = 1.02%

still holding:

sche in 28.60 current 28.47 = -0.46%

brokerage acct:

sche in 28.87 current 28.47 = -1.39%
ung in 5.99 current 5.05 = ouch, and that's before 8.95 fees each way.

[burrocrat]

sell orders in for the emerging markets fund sche in both roth and brokerage set at break even or just a bit more.

gonna have to hold ung until it goes to zero or i get my money back.

let me out of this crazy market.

[burrocrat]

this morning i put in 3 orders:

schf at $26.49 filled at 9:31am, i see it went about 0.25 lower fast but i got what i got when i got it.

scha at $33.99 didn't hit.

schx at $29.99 didn't hit. adjusted at lunch to $30.25 didn't hit.

i don't day trade, work restrictions, but it works, sometimes, plus i got a job.