Bquat's Account Talk

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I was considering buying some more stocks in my Roth IRA for a long position, but I'm too scared to at this point. Also, Jim Cramer said in a video that people should be selling into this rally and not buying so that makes me weary as well...

I'm going to look at a point in the next few days possibly to move to the G Fund in my TSP account I do believe...
 
MaStA said:
I was considering buying some more stocks in my Roth IRA for a long position, but I'm too scared to at this point. Also, Jim Cramer said in a video that people should be selling into this rally and not buying so that makes me weary as well...

I'm going to look at a point in the next few days possibly to move to the G Fund in my TSP account I do believe...
Click to expand...

MaSTA

GO WITH YOUR GUT. Don't listen to Cramer, all those idiots lie to you. They say one thing while all along they are doing the exact opposite with their money. They are all market manipulators who only care to make their own buck. They tell you to sell only so they can buy cheaper, and buy so they can sell higher.

I could be wrong but that is my conspiracy theory and I'm sticking to it.
 
ILoveTDs said:
MaSTA

GO WITH YOUR GUT. Don't listen to Cramer, all those idiots lie to you. They say one thing while all along they are doing the exact opposite with their money. They are all market manipulators who only care to make their own buck. They tell you to sell only so they can buy cheaper, and buy so they can sell higher.

I could be wrong but that is my conspiracy theory and I'm sticking to it.
Click to expand...

Honestly I like listening to Jim Cramer as much as some don't like him. I've made a couple moves with stocks he mentioned and they have turned out well. Typically I pay attention to the dividend stocks he speaks about because he thinks highly of dividend stocks in rough market conditions because you don't lose as much money when things go south. He knows a lot more about the financials of companies and I have no clue how to decipher that so until I learn about how to do that I have to listen to what others say. I still buy random things here and there, but when I'm spending a bit of money I try to seek someone's opinion that knows what they are talking about.
 
Here's a quick chart brought to you by Mc Donalds. WIFI at hotel wasn't that good. Well the 13 day held for the Fed drop and futures are down. Coin toss today and I'll stay in because I'm on the road and hope the bottom is set. Eventually I won't be a contrary charter and I still think the 13 day channel is a bull flag.
 
Well made it tothe other daughter's house. I was able to just watch the close. Had some time to make chart while mom-daughter ab-c my way out of this conversation was going on.:) Not too many people charting anymore and since I'm the contrary indicator, I through little bulls chart out there. 1372 anyone? Trend reversal pattern by DreamChart.com Head and shoulder right into an inverse head and shoulder. So I'm taking a chance and you guys can talk me out of it on Monday. I will remind you my technical analysis has stunk lately. So I provide you with my charts free of charge with little chance of being right lately.:notrust:

With that out there, I'll probably redraw and give you an unbias chart soon.
 
Here's your clean chart. You can say we highbased up to the new resistance level. You might even say we doubled topped at it but I think it's the former when your at end of day and not intraday. I liked todays action but said the same about yesterdays just before the drop. So guys good luck.
 
I would comitt that image to memory because it's just the beginning - especially if the euro rebounds and you know it will. We are going tp SPX 1400 without any look back.
 
So Bquat, are you invested currently in your TSP? I went back several pages and didn't see where you left the G/F fund...but I could of missed it. Thanks!
 
MaStA said:
So Bquat, are you invested currently in your TSP? I went back several pages and didn't see where you left the G/F fund...but I could of missed it. Thanks!
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Was back in for a loss yesterday and a gain for today. Stop posting my moves on my thread because I been a contrarian indicator lately. I have little confidence lately with TA and I might go into the follow someone else mode in the near future. Haven't be able to keep my bias out of my charts so I give warnings.
 
Bquat said:
Was back in for a loss yesterday and a gain for today. Stop posting my moves on my thread because I been a contrarian indicator lately. I have little confidence lately with TA and I might go into the follow someone else mode in the near future. Haven't be able to keep my bias out of my charts so I give warnings.
Click to expand...

But then again, you have done a fine job clawing your way back up from the very bottom!! :nuts:

Unfortunately I did not follow your lead, and am still struggling......... :embarrest:
 
Today turned out worst than I expected. Greater than 1% gain in the futures to 2% loss. CNN was brow beatting the Spain loan all morning and over reported that it was just a temp fix over and over until the market sold off. Need the double bottom on the 13 day to help hold the line for the 5 day supported channel to continue. Lot of bears out there I guess. So I'm still the contrarian indicator. A lot of people got burnt today. Overall it still sideways movement above the 13 day for three days.
 
Bquat said:
Today turned out worst than I expected. Greater than 1% gain in the futures to 2% loss. CNN was brow beatting the Spain loan all morning and over reported that it was just a temp fix over and over until the market sold off. Need the double bottom on the 13 day to help hold the line for the 5 day supported channel to continue. Lot of bears out there I guess. So I'm still the contrarian indicator. A lot of people got burnt today. Overall it still sideways movement above the 13 day for three days.
Click to expand...

1302 has got to hold and 1322 has got to break. I think we will meander between the 2 for a few days before we see momentum one way or the other next week.
 
Mcqlives said:
1302 has got to hold and 1322 has got to break. I think we will meander between the 2 for a few days before we see momentum one way or the other next week.
Click to expand...
Let's make that 1328 - 30ish. Looks like possible H&S. I had to exit on the road today. Texas rest area WiFi. I guess you can say I capituated. Hopefully the dead cat bounce helped my exit. Here's a chart what you think?
 
I would think that 1330 would be easy with 1337 a strong possibility - we are coiled to strike higher.
 
Bquat said:
Let's make that 1328 - 30ish. Looks like possible H&S. I had to exit on the road today. Texas rest area WiFi. I guess you can say I capituated. Hopefully the dead cat bounce helped my exit. Here's a chart what you think?
Click to expand...

You are correct with the 1328...I didn't read my own lines right.

Seems like you are back in a good groove with your trades. Do you have another move left this month?
 
Mcqlives said:
You are correct with the 1328...I didn't read my own lines right.

Seems like you are back in a good groove with your trades. Do you have another move left this month?
Click to expand...
only F to G. As slow as we're going upward, I still think the possibility of going down is good. No I'm still the contrarian and down about another 3/4 of a percent.
 
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