Bquat's Account Talk

A day like today, silly as it is, should be appreciated and enjoyed - maybe tomorrow we'll get another thumping. The VIX is saying 'buy'em' while they are golden.
 
There was a nice up spike just before 3 PM... what caused that? Hmmm, and it continues... will we finish today in the black?
 
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Last chart didn't post so this is now hindsite. I did mention that 1413.03 wasn't recaptured to look out.

If we don't recapture 1413.03 we go to 1400. Cross your fingers for those that are in. So PPT must buy here and that may not work. In the absence of good news big money will go for 2012 tax bracket.:worried:
Last ditch effort of Plung Protection Team trying to recapture and hold the 50 Day? Market is fighting them but it held twice now.:notrust: Other than that it couldn't be the announcement that the Republicans will come in the 30TH for a last ditch effort.:notrust: on that either. The 50 is being bought big time.
 
Wow what a buy in. Still need to break short term grey channel. Where is this comming from?
 
Just news that the GOP House will reconvene on Sunday.
I guess everyone thinks they'll capituate. They're only going to be there so it can't be said they didn't care. In other words just there for PR. Another case of buy the news.
 
I guess everyone thinks they'll capituate. They're only going to be there so it can't be said they didn't care. In other words just there for PR. Another case of buy the news.

With such a strong reversal due to the news of them meeting on Sunday I wonder if we can expect a positive day tomorrow...
 
We'll have a good day if the .... president comes to the center.

roflmao.gif
 
With such a strong reversal due to the news of them meeting on Sunday I wonder if we can expect a positive day tomorrow...
No, the Republicans just anounced that they're comming in for a Presidentual offer.:notrust: In afterthought that is a 1% bottoming tail. Is it enought?
 
News turned us around but may have to buy the news if we reenter the channel.Right there with the risk reward question. Debt limit hits Monday and something has to be done. I don't want them paying the goverments liabilities with my TSP funds that are in G.:mad: Maybe F, C, or I maybe. Don't want to waiste IFT from G to F but will if I have to. Where that coin roll to.:confused:Buy the up tick?
 
News turned us around but may have to buy the news if we reenter the channel.Right there with the risk reward question. Debt limit hits Monday and something has to be done. I don't want them paying the goverments liabilities with my TSP funds that are in G.:mad: Maybe F, C, or I maybe. Don't want to waiste IFT from G to F but will if I have to. Where that coin roll to.:confused:Buy the up tick?
Ah just belay that thought. Not going to let the news and a 1% move influence me. I think I'll wait for the deal. Still have dumb money that will wait to the last minute to sell. Risk still too great. With the 200 Day is at 1390, resistance at 1435 and the 50 Day right in thr middle the risk is greater than reward right now. I'm sticking with G for now cause the positive rebound is strictly news related. Do you see what I see?
 
I pick up, but then I'm fully invested. I'm better looked at through contrarian eyes, so maybe I will catch-down with you. :D
 
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I pick down, but then I'm fully invested. I'm better looked at through contrarian eyes, so maybe I will catch-down with you. :D
So your in for the meeting. Too bad they couldent have meeting before deadline as the whole market can watch and enter of exit right after the meeting. Can't wait until we get a 4 PM deadline. Even if I IFT today, I will miss the effect of the meeting today. I just hope being out is a good thing.
 
Have you ever witness an arguement between two people who both feel they're right? They fight or agree to disagree and nothing happens. I seen this happen more than not so I'm out.
 
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