Bquat's Account Talk

Bquat, I'm glad to see you are still here and contributing to the forum. I don't agree with the fed's monitary policies, espically when I go shopping for food. They print more money, drive the cost of our goods up, and all that wasted money drives the corporations stock prices up. Unfortunately if we don't play the game, we get left behind...

http://blogs.stockcharts.com/chartwatchers/2012/09/quantitative-easing-and-the-sp-500-since-2008.html
 
Bquat, I'm glad to see you are still here and contributing to the forum. I don't agree with the fed's monitary policies, espically when I go shopping for food. They print more money, drive the cost of our goods up, and all that wasted money drives the corporations stock prices up. Unfortunately if we don't play the game, we get left behind...

ChartWatchers: Quantitative Easing and the S&P 500 Since 2008
Thanks for the link.
 
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Market still in a bullish pull back while big money decides if QE3 is worth it. It should still make things bullish for the markets, false bubble the housing market while buying up bad morgages that people who shoulden't have qualified for a house loan and big companies will eat this up and still not invest in the economy. Why? Because big companies and banks can invest in the market and make more speculating than what they can make lending. The FED wants to keep the dollar down to keep interest on our Chinese debt down and our exports cheap.

I am concidering entering the market when we reach a good support level. Maybe 1458.

Do you guys believe "Don't fight the Fed" ?
 
I like it when people express doubts about the future course of the markets. Perhaps prospects for higher global GDP growth from 2013 are the driving force behind rising equity market prices and the falling VIX levels. This market has the potential to be up over 30% in the next rolling 7 month period. Bernanke gave us a positive Black Swan and I'm really pumped.
What? What you say? Ok? Ok Birch I here you now. Looks like a base is forming. You and your buddies going to buy now?;)
 
Duh ha, some chart wizzard. I come back and looking at my chart. I just drew a decending triangle. Just a color change to se it. So Birch maybe your friends aren't buying. And again we're coiling for a move. I pick down so market goes up? 1452 ish possible.
 
Here's my line waiting for my 5 day and hoping I'm not a contrary indicator when I call a move. Bowling starts up again tomorrow so I may move early tomorrow after todays dip.;)
 
Still a slow bullish pull back. Haven't reached my trigger but looks like the pull back may be slowing. Does not look like the robust move from the QE3 call is continuing. May go back to larger time frame to see.
 
Top of old channel acting as support. Still watching. Should I try wipsaw Wednesday?
 
Even though the downward movent has stopped, this may be a low base, I don't see a move in today. Dark red line may be the top of the low base. I can't wait to see senior bowling is the place to be.:D
 
How long will I have to be patient before I can see 1474 again - perhaps by Friday I would speculate.
 
See that pink line, Think about it.

Ok, I'm a going to call that the 5 day is here or close enought or there abouts. I recon this is just about enought of a bull pull back. Looking at the QE charts there is a dip and speculation on it's effect. I just about, pert near, ready to enter.;) You betcha. Now this is my own opinion and is an opinion from a contrary indicator.:notrust:

Now back to the pink line. That's my little Birchy line. If the pink line is violated to the up side I'm a gonna pounce.

Ok contrary and you must be out of your mind comments are welcomed, for sure. You betcha it's your right to warn others.

Let's see what Christian's worth. Markets
 
I entered the market this morning 33C, 33S and 34I. I am greatly hoping not to be the contrary indicator. I think the consolidation has been enought and the moving averages will follow.
 
I don't see your entry in the TSP AutoTracker. Did you maybe forget to enter it there?
I have a problem getting it the menu to work when i'm in the tracker menu. Also I have a premium service subscription that I use a an aide. I probaly should follow it more often than I do but I enjoy charting and follow my charts which hurts me sometimes because the news fights my intensions. I probly should of entered yesterday but it didn't look right.
 
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