Bquat's Account Talk

[Bquat]

Hi guys how you doing? Well, got below the 5 day, 13 day held and 20 day droped below us so what you think. I think were showing mor weakness and how many times can the 13 day hold? Had to redraw the channel to get us back in it. Some can say we're still having sideways movement.

 

[Bquat]

Here's the importance of the 13 day. If we get any kind of a sale off by Friday and the 13 day and neckline is broken this is how far we can drop to. I went and found longer term resistance just in case. Remember this is from your contrary indicator but think you should be aware of the short term risk. :worried:

 

[Bquat]

Hi guys how the four of you doing. Seems like ativity is dwinduling. As for the market, seems like it's a small trading range waiting for news. So here,s a chart anyway.

 

[Bquat]

And here's both sides: Looks like something is happening now.

 

[Sensei]

Hi guys how the four of you doing. Seems like ativity is dwinduling. As for the market, seems like it's a small trading range waiting for news. So here,s a chart anyway.

I still follow you Bquat, even if I haven't posted in your thread for a while.

Here's a question (though I'm about to go to bed, so I'll look forward to the answers in my morning): Why has the S-fund been underperforming so much in the last few days? When it's down, it's down way more than C-fund. When it's up, it's only slightly higher. Usually the extremes go both ways. Lately, it's skewed more to the negative. Isn't it an unhealthy sign if the small caps are underperforming the large caps? (oops- that was a second question )

Keep on truckin'.

 

[Bquat]

I still follow you Bquat, even if I haven't posted in your thread for a while.

Here's a question (though I'm about to go to bed, so I'll look forward to the answers in my morning): Why has the S-fund been underperforming so much in the last few days? When it's down, it's down way more than C-fund. When it's up, it's only slightly higher. Usually the extremes go both ways. Lately, it's skewed more to the negative. Isn't it an unhealthy sign if the small caps are underperforming the large caps? (oops- that was a second question )

Keep on truckin'.

I guess there's a little more fear in the small caps with retail sales down and weaker economy. Remember it's the small caps that lead to recovery and it seems that things may be stagnating in the US. Tom, JTH, or even Birch may know more about this. I'm just speculating here.

 

[Birchtree]

Assets tend to run in cycles. We just experienced an 11 year outperformance in the small cap arena - so perhaps the cycle now changes toward the large caps. The last time the SPX was in outperformance the cycles lasted for 5 years - I've been waiting for three years for this potential change to occur. That's one reason I'm 20C/80I.

 

[Bquat]

Possable failed head test, double top and M for murder. Need a quick turn up now or look out. Chart by Lookout.com

 

[Bquat]

Looking better since were moving right instead of down. Hey didn't you guys notice the little Inverted H&S when I spread it out? Bet Nnuut did. I'm thinking I should break my short term charting habbit.

 

[Birchtree]

Afternoon delight - sky rockets in flight.

 

[Bquat]

Afternoon delight - sky rockets in flight.

I yeild the message board to you.

 

[nnuut]

DOW just touched the upper Bollinger Band and turned around, WHO was that Masked Man, Helicopter Ben Burntankle?

 

[Bquat]

DOW just touched the upper Bollinger Band and turned around, WHO was that Masked Man, Helicopter Ben Burntankle?

I think it's a false news peak. We had the M for murder and right at the right time the G20 say they will handle it if Greece exits the Euro. So we go up and shortly after the news we go down. But since I am the contraryian indicator we could go up but I don't think everybody will trust the G 20.

 

[Mcqlives]

I think it's a false news peak. We had the M for murder and right at the right time the G20 say they will handle it if Greece exits the Euro. So we go up and shortly after the news we go down. But since I am the contraryian indicator we could go up but I don't think everybody will trust the G 20.

Maybe it is a false news...or just pricing in the softening of the Greek oppositions party talk of rescinding austerity measures. At any rate we are still in the same range.

 

[Bquat]

High basing at a triple top. Find out soon if it's a false move up. Looking good and I hope I didn't jinx it for you guys. Chart by I'llBelieveItWhenISeeIt.com

 

[Bquat]

Ok here's the 13 day consolidation channel. Looks like big money is trying to get dumb money to buy in. We'll see but AGG is not confirming the move yet, so they may be quietly switching to bonds. This is only speculation on my part. So wait another 35 to 40 min and then see. It's right at a critical point.

 

[Bquat]

Still not convinced.

 

[Birchtree]

An SPX close above 1341 will tell you to get back on the rails - the Grand Trunk is on the way.

 

[Bquat]

Here's some resistance and support levels. Good news potential neckline break with a 1402 potential. Bad news 1308 to 1279 potential.There you go.I increased the 13 day supported channel to include this peak. It looked better.

 

[Birchtree]

These patterns are starting to look a lot like symmetry - if true then 1400 is at hand.