Bquat's Account Talk

[Bquat]

I'm back. Good comments guy's. Ok, I did it. You can blame me I jinxs it.
:notrust: is what did it. I want a redo.

 

[Bquat]

I will be staying in. This is side ways movement.

 

[Mcqlives]

remember sideways action in 2008? This looks painfully familiar...

 

[Mcqlives]

I will be staying in. This is side ways movement.

OK...I did an hour of crash research. Not sure how much I actually interpreted right with the wealth of info out there... but I am staying in today and into tomorrow looking for a continuation of this mornings bounce. I believe we are oversold on the short term but are headed for intermediate lows in the near future. I hope I am playing the bounce right and make back some of my money before throwing in the towel.

 

[Birchtree]

The best bounce I can remeber was on a water bed.

 

[Bquat]

OK...I did an hour of crash research. Not sure how much I actually interpreted right with the wealth of info out there... but I am staying in today and into tomorrow looking for a continuation of this mornings bounce. I believe we are oversold on the short term but are headed for intermediate lows in the near future. I hope I am playing the bounce right and make back some of my money before throwing in the towel.

I'm not giving up either. Without a drop after the interday double top I'd be going with the assending triangle. I'm looking for a bullish breakout. (no jinx please). Chart by: MyBestGuess.com

Bearrish comments welcomed for other side. Keep the peoples informed because mypercentage of being right is down lately.

 

[Mcqlives]

The best bounce I can remeber was on a water bed.

The water bed thing sounds like wave theory:nuts:! Are you getting away form Mindy-Lou's market analysis?!?!

 

[Bquat]

Ok. Little Bear will do the other side (I thought he was ready for his nap?). If your assending triangle doesn't break out this afternoon or tomorrow morning, you need to look out if we don't break 1368 to 1370.Chart by LittleBearChart.com

 

[Birchtree]

Yes, the right bounce can produce multiple waves of profit.

 

[Bquat]

Intraday double bottom should be bullish.

 

[RealMoneyIssues]

Intraday double bottom should be bullish.

Um, are you assuming the double bottom from the futures... yuck

Advanced S&P 500 Futures Charts | S&P 500 Futures Live Chart

 

[Bquat]

Um, are you assuming the double bottom from the futures... yuck

Advanced S&P 500 Futures Charts | S&P 500 Futures Live Chart

Yea, you,re right, a double bottom at 1344. There is so much weakness to this market or it's big money trying to get QE3. Now if I start giving more of a bearish bias in my charts, I might be less of a contrary indicator. Thanks for the heads up. I usuallylookat the futures.

 

[Sensei]

Bull flag anyone?

 

[Bquat]

Bull flag anyone?

Sorry guy I don't see any them there bull flags.:worried: Oscar posted that we should look out for a rounded top pattern and that we could get a major correction like 2008.I do see we held a higher low and no lower top. I need to see 1366 broken, a build up to 1375 and a gap up to 1390 or 1392 the next day to prove him wrong. I am very much considering an exit if the market doesn't get bullish quickly and break out of the top of the circle soon. There's a lot of bearish people out there making me nervious.
:worried:
Short Term Trading Live With Oscar Carboni | Home Daily Video.

 

[weatherweenie]

Sorry guy I don't see any them there bull flags.:worried: Oscar posted that we should look out for a rounded top pattern and that we could get a major correction like 2008.I do see we held a higher low and no lower top. I need to see 1366 broken, a build up to 1375 and a gap up to 1390 or 1392 the next day to prove him wrong. I am very much considering an exit if the market doesn't get bullish quickly and break out of the top of the circle soon. There's a lot of bearish people out there making me nervious.
:worried:

Futures aren't looking too bullish right now.

 

[Bquat]

Little Bear is in agreement with Oscar.

Little Bull says were in an asending triangle bullish pattern in the short term.. He agrees with me about going to 1375 and that's it. I want 1392 but I don't get what I want.

Little Bear say's by then his aluminium bat well be in and he'll go for 1302 and maybe 1270ish.

Ascending Triangle Definition | Investopedia

You guys let me know.:notrust:

 

[Bquat]

According to futures we'll be testing 1340 again.:worried: If it don't hold, we may be exiting the rounded top from the bottom.:worried: Little Bull called is sick.

 

[Bquat]

Here we go guys. I myself would love to set a double bottom right now.

 

[Bquat]

Back in the channel and back above support. The line is holding again. I guess I will stay in. Maybe we can break out tomorrow. I am taking a risk here. :worried: It could be a bear flag.

 

[nasa1974]

A lot of us are taking a risk. You're not alone.