Bquat's Account Talk

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I think we'll hit a new high today and shorts may have to cover. Break over 1531 and sideline moneies may have to follow.:)
 
RealMoneyIssues said:
Yup, if we close above I may jump in tomorrow if Wednesday looks like an up day.
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Hope you don't miss most of the move my friend. I had to worry about loss to stay in for this and have my out and back in choice later. I hate the 2 IFT system.
 
Ok, no stalling here, Let's punish the shorts. Those computers know where the projected gain should be.;)
 
When fools rush in we'll have new all time highs the remainder of the week - disintermediation from the bond market is upon us. If it gets away from common sense you'll see how strong the animal spirits can kick toward parabolic acceleration.
 
Birchtree said:
When fools rush in we'll have new all time highs the remainder of the week - disintermediation from the bond market is upon us. If it gets away from common sense you'll see how strong the animal spirits can kick toward parabolic acceleration.
Click to expand...
Ok, what he said.
 
We're at the top of the short term channel and the top of the long term channel. High base here for a little while would be good. Then spark on.
 
Something is definetly wrong here. Don't they know I'm in the market. It only takes off like this after I get out. :blink:
 
Mcqlives said:
Filling the gap and winding up for a breakout. There is a rising wedge above that means, if the breakout is for the bulls which is what you and I (and BT of course) are betting on, we are headed for huge gains! Come on 1545 to 1550 next week!
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OK...this is what I posted last week. Now I am wondering if today was it. What does a 1544 ceiling look like on your charts? I'm thinking rising wedge again and wondering if this might just be a rewind of the last run up with a higher high followed by a higher low.
 
I think we're in a high base consolidating through time for strength. I'm not expecting a pull back at this time.:) I also feel we may set an all time high. But, yes but we could have a triple top reversal at 1560.:worried: The old peaks line could offer resistance but I don't expect a stopped move there will be that dangerious.

If we don't pop 1556 and and have a support test on it, I may exit and reenter with a confirmed new high. We have a very good chance of a reward here with the projected vertical line but any faled move at 1560 can cause a long term MA pattern.
 
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Here's to scarry part. Failure to break 1560 can cause a tripple top Failed move. A start of the right side of the A of a MA pattern and a 95% chance of 690. Also we have just about used all our QE. Just a risk check. It can happen but I don't think so.:notrust:
 
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Bquat said:
Here's to scarry part. Failure to break 1560 can cause a tripple top Failed move. A start of the right side of the A of a MA pattern and a 95% chance of 690. Also we have just about used all our QE. Just a risk check. It can happen but I don't think so.:notrust:
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Tom...I need a don't like button please!
 
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