Bquat's Account Talk

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Ok I hope you guys had fun in my absence. I didn't really get the top of the triangle as support like I wanted but we did break above it like the pattern suggested. I am though very happy to use 1559 as a base to build my high base on if we wait that long. I feel we're still in an up channel and have moved enought to the right to consolidate in time to handle current price. I was watching the 1559 line and the market had plenty of time to break out below that level. Sooo, since I'm in, I would at least high base tomorrow and start Monday as an all time high buster. :) You no bullish comment here. You too Fab1. Keep people aware.

I did have this level as a failed move area but we didn't break down after the flat top and the short dip was bought again. I have been burnt before by entering at close to highs but feel better about this one. I am still just months from being a contrary indicator but think I'm recovering.:sick:
 
Well a lot of investers (risktakers) say to preplan your exit point. 1540 is where a short term correction could go later. It can be like where you drop the knife above the table and it flips off the edge and heads point down to the floor. You've seen it, it lands right there on the edge and you watch it balance on the edge and it falls and it sticks in someone's foot as they bumb their head on the table reaching for it. Why do I say this? There is still a chance of a bigger correction in our future. It's not going to happen but it could. There that the warning of possible risk that is in everyones mind when they're entering the market in new high territory. As always we have no stops and why is that? Mr. Long, Brewller?:(
 
So who is liked more. Someone who gets a lot of likes or someone who gives out the most likes? I going to like more just in case. Like?
 
Bquat said:
Ok I hope you guys had fun in my absence. I didn't really get the top of the triangle as support like I wanted but we did break above it like the pattern suggested. I am though very happy to use 1559 as a base to build my high base on if we wait that long. I feel we're still in an up channel and have moved enought to the right to consolidate in time to handle current price. I was watching the 1559 line and the market had plenty of time to break out below that level. Sooo, since I'm in, I would at least high base tomorrow and start Monday as an all time high buster. :) You no bullish comment here. You too Fab1. Keep people aware.

I did have this level as a failed move area but we didn't break down after the flat top and the short dip was bought again. I have been burnt before by entering at close to highs but feel better about this one. I am still just months from being a contrary indicator but think I'm recovering.:sick:
Click to expand...

All I have to say: interesting the red "line of ages" wasnt breached.

and jpcavin didnt pass me yet. neener neener.
 
Ok I may have gotten in a day early. Little worried this morning but found support where someone or some thing bought to keep us from the bottom of the channel. I was going to put my channel line where the shadow line is but I wanted to have the dip in the new channel to give me some moving room. I added the circles after I looked back at my chart. In weakness we may have a better move comming up. I will be happier if we retake 1559 as support and show the current strength of this channel.;)
 
1559 retested as support. If I were to Birchchart (45/55% chance), I would now think 1575 possable now. But not Bircharting let's be happy we're back heading for the top of the channel.:cheesy:
 
mebee yes mebee no.

but Ive savored every sweet minute you were beneath me with that Birch-like I fundy allocation. Suggest you use the next IFT to do something similar, honey.
 
No jinx intended I exited at 1550 and what to enter lower thats all. we are at opposite ends of the Want Spectrum, friend.
 
Luke use the force. What if we get that 1% pop right now? Some may have missed the most of this move. It could happen. Now a lot of people are asking. Get in for Monday? They are aware of the risk/reward, but are we showing enought strength. The higher low is in, are you? As always I have to mention that I was a contrary indicator when I get bullish.:suspicious:
 
FAB1 said:
No jinx intended I exited at 1550 and what to enter lower thats all. we are at opposite ends of the Want Spectrum, friend.
Click to expand...
Now that was a good statement and I will let you get that buy in next month. This may still be a dipless rally. I'm trying not to fight the Fed.
 
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