Bquat's Account Talk

[nasa1974]

Moving in the right direction. Great news.

 

[nnuut]

On the mend for sure!!!!

 

[Bquat]

YEAH!!!!!!

Hey were you able to reenter? I stayed in and back in green for this trade. One of the reasons I didn't get out is because there was too much of a chance to miss the way up. I was worried when my line was broken but saw that it was ok when I spread out and saw the old channel.Well getting close to big resistance. Maybe we can make new high.Did you miss my charts? Working with one monitor slow.

 

[Bquat]

Still in a high base.

 

[Bquat]

Let's raise our little flag and hope it works.

 

[bmneveu]

you see anything bearish in your charts? thanks!

 

[Bquat]

you see anything bearish in your charts? thanks!

Yes and no. How's that? We are right up against major resistance and can be blocked here. On the other hand we just broke a symetrical triangle to the top while within a symetrical triangle. Why not do it again? My concern is that we are getting bullish too fast and too much of the market is betting on QE3 with GDP at 1.5%, which is not enought to sustain growth. Some say this may be the bull rally starting up. I don't know about this because small stocks lead us out of recessions and the S fund should be leading. So bad news and slow growth makes big money think the odds for QE3 is good. If the Fed doesn't mention QE3 we can tumble but that's Wednesday (I think). REMEMBER BIG MONEY CAN USE STOPS. POST DEADLINE WERE EITHER HAPPY OR SCREWED. WE HAVE NO STOPS. So make a good choice on Tuesday to be in to win or be in for slaughter. I can't choose and I don't know if I want to take this chance. If we get above the red line, I may toss a coin. Now did I confuse both of us?

 

[Bquat]

Now if we look at the longer term it looks like a low base. So if we don't get a good move up soon and we break down we're looking at 1080ish. So this is the bad possibility. So we do need a jump up.

 

[Bquat]

Since I cleaned up my chart to show something else, I think I'll use this one tomorrow.

 

[Bquat]

Desending triangle and the market is still deciding what to do. Just retested the bottom of the triangle. This should break out of the top.

 

[Birchtree]

I'm holding out for anything above 1395 to set the bull direction.

 

[Bquat]

So Mc Q where are you. You TDY? I was wandering if you were able to reenter? Also today is a big day. I might use my last IFT today and have the two for next month tomorrow.

 

[Bquat]

I'm holding out for anything above 1395 to set the bull direction.

Yea that sounds about right. I would love it if we would break out of the symetrical triangle and retest it before the deadline. You know how that goes. The market likes to wait and antaginize us TSPers.

 

[Bquat]

Chart looks more bullish in this time frame. Birchchart:

 

[Bquat]

Talk about sitting on your hands. Something is bound to happen soon.

 

[Bquat]

Well I don't see any prefed meeting sale off so I'm going to take a chance and not get out. Looks like good move happening.

 

[Mcqlives]

on vacation this week. I did not re-enter as I was hoping for a better point. Might not get one at this rate! At least I sold with a little profit and have made some in the F. Thinking about entering this morning but I have to head out with the kiddos to a water park soon.

 

[Bquat]

Looks like another ho hum day. Big money waiting on Fed at 2 est maybe? Waiting for the news may be a bad thing. It means they're not trusting this move or the chance of no QE3 is possible. I still have some fath in this bull flag while others want a lower higher low set. Maybe 1375ish.

 

[Bquat]

on vacation this week. I did not re-enter as I was hoping for a better point. Might not get one at this rate! At least I sold with a little profit and have made some in the F. Thinking about entering this morning but I have to head out with the kiddos to a water park soon.

Enjoy the vacation. No vacation for me this year except for a little sight seeing taking mom home to Florida. Three trips for family hits hard on a fixed income but it was worth every minute of it.

 

[Mcqlives]

Family is always the most important. We all must adjust our situations to place them as the first priority. I am happy for you that you were able to do the three trips to support your family like you did!