Bquat's Account Talk

[Handballer]

A day like today fits my grand plan. Let's see how much pain the 100% S funders can eat. You may see a mass scramble to the lily pad real soon. I hope the dip buyers are a no show.

No matter what I'm stayin in the S fund at least til Tusesday.

 

[Bquat]

Well S&P 1282 was a peak in Aug 2008. Will it hold from here or do we follow the direction of the Nasdaq and the Russel and have a larger correction? I'm guessing a test to 1275, 1270 (best guess) or 1257 before we bounce. Some say a test of the 1300 could happen before the dip. I'm hoping the leaders bounce now to bring up my 10% in each CSI before the end of the month and new IFT's. Good luck guys on Monday.

 

[Bquat]

Where's 12% when you need him. He had a way of guessing the afternoon market by say the market will hold for this afternoon and maybe creep up as the day goes on. I miss his positive afternoon outlooks.

 

[Bquat]

Went down 29 places on the tracker (560) while making a gain. Less risk has less gains. I'm still happy though. A little gain is good when your at what may be an over bought position. Was this slight pull back enought to satisfy big buyers and we continue up? Only the shadow knows. I'm still staying the same till IT's signal and new IFT's next month. Come on FOMC meeting. I guess if we start positive again tomorrow and confirm a renewed uptrend, I'll take my 40% F fund to G.

 

[Bquat]

Hear's a big question: Will we meet resistance and double top at 1295 S&P or will QE help us past it? Can we go to 1330 or even 1400? I guess I like following the S&P chart more than the Dow. What do you think?

 

[Birchtree]

We are headed much, much higher. A reviving industrial economy and rising corporate profits, will influence the direction of stocks for at least the next year or so. The stock market is a discounter of the future and since March '09 it has been telling us that the road ahead is clear. Just be aware that when the VIX gets down to 14.66 there may be a consolidation. A break below 15.00 will put the VIX back at a level not seen since July 2007.

 

[Bquat]

Changed my F fund to G. Now 70G and 10CSI and still have more G option. Dip buyers come in and give me some green.

 

[Bquat]

Changed my F fund to G. Now 70G and 10CSI and still have more G option. Dip buyers come in and give me some green.

Made it to green (0.+) with the amount in F. Tomorrow no F. I think the FOMC finishes up tomorrow. Good luck

 

[Bquat]

Can S&P 1295 hold. It looks like it is. Can we make it to 1330. Good Fed anouncement after the meeting could help. Good luck guys. Look for the buyers.

 

[Bquat]

Looks like 1295 S&P held today, even with a small high base end of day. Tomorrow will confirm if it's now a support level. DOW 12000 still resistance. Housing slightly better. No change with FOMC and not much market reaction. More good than bad, I'm happy.

Now if Birch visits and posts here, buyers will continue to buy. He's been my LCL (Lucky Charm Lately).

 

[Birchtree]

Cramer says new money coming in - I surely felt it today myself. I'm nervous as Mindylou on a hot tin roof but will hold long and strong just incase we are at a 1995 mirror.

 

[Bquat]

Cramer says new money coming in - I surely felt it today myself. I'm nervous as Mindylou on a hot tin roof but will hold long and strong just incase we are at a 1995 mirror.

I wouldn't know much about that. But if we can go above the 12000 in the DOW and confirm with a higher high and a higher low, I think some should pour in.

I'm thinking this may be the year of the car. We are hitting the prime 3-5 year time zone when higher income individuals opt for new cars. Also business fleets are getting older too. I don't work for the car industry but when you think that there was not a lot of car sells for three model years and a lot of people who held out trading in for 2008-2009 models have even older cars. A lot of middle and lower income people cars are hitting the 7-14 year age. The people who bought used cars or extended the leases could be looking too. People who stayed employed the last three years may be filling more secure and may buy. I just have a feeling on this.

 

[Bquat]

:worried: WOW! CSI just dropped all of a sudden. Whats that about? Hope it don't break and stay below 1295 S&P. I was hoping that would confirm as a support level.

 

[Birchtree]

Just a little intraday program traders taking some profits. Some give back is healthy.

 

[Bquat]

Just a little intraday program traders taking some profits. Some give back is healthy.

I told you were my lucky charm. 1295 S&P tested and confirmed as support. Now since your visit buyers will come in and buy. People shorting will get caught. Thanks Birch

 

[Bquat]

Now my theory on housing. Six or seven years from the crash housing should turn mho.

Ok why is this? Maybe by then the majority of forclosures may be done. Maybe by then the economy (4 year busness cycle?) will get better. Maybe by then house prices stop droping.

The number on reason is this:
If the economy is bad and you don't go out to save money, what can you do. You make love. You make love you get babies. When these babies turn five or six you look at the neighborhood your in and the schools nearby. I want a better school for my kids. Now that I have kids, I need a bigger house. My five year old boy can't be in the room with his sister or visa versa.
Just another one of my feelings.

 

[FAB1]

If the economy is bad and you don't go out to save money, what can you do. You make love. You make love you get babies.

Are you sure about that? Then love DOES make the world go 'round. : )

 

[WorkFE]

FAB. You need to stop, you're pressing. You have to let 2000 come naturally.

 

[Bquat]

If the economy is bad and you don't go out to save money, what can you do. You make love. You make love you get babies.

Are you sure about that? Then love DOES make the world go 'round. : )

Thanks for visiting.

 

[FAB1]

FAB. You need to stop, you're pressing. You have to let 2000 come naturally.

Some posts just scream for replies - I cant refuse!!