Bquat's Account Talk

[Bquat]

Bonds under pressure - there's a lot more cash that is going to flow to equities. We are headed for a stock squeeze because supply is down.

I don't know Birch? It's going to cash, metals or real estate. Just guessing? Won't both go down with fear of QE ending as economy strengthens?

 

[RealMoneyIssues]

Over the two days are you sure?:blink:

Small pause before continuing the pattern from the last 5 days (not just 2)...

BTW, look at the IWM (aka R2K), and TNA !!!! go, Go, GO !!!

 

[Bquat]

Here's my off base speculation. People can't make money in banks and they're weary of the market and metals are dropping. What's left? Real estate. There is foreign buying and there is starting to be a government push for near sub-prime lending for houses. Yes government backed lending again. People are buying foreclosures and abandoned property and getting it ready to flip for just below the rising prices to pump them into the market before new houses can catch up with the up coming demand. In other words clean them up and sell just below new house prices. Also you can rent them if they don't sell. My two cents.

 

[Bquat]

Small pause before continuing the pattern from the last 5 days (not just 2)...

BTW, look at the IWM (aka R2K), and TNA !!!! go, Go, GO !!! Don't make me have to admit I'm wrong. I hour to see: I'm using pencil you know.

 

[Bquat]

I'll have an eye open incase RMI is right. We did get back above mid-channel support but below the orange F flag and set a lower high. With as slow as this is heading down, it could be a bullish pullback Who knows? With no Friday selloff I may have to admit I'm wrong on Monday. It wouldn't be a first.:blink:

 

[Bquat]

Chart for Monday. Things look a little better. Must of missed the 15 min. delay in last chart. Back in F flag but still a lower high.

 

[RealMoneyIssues]

Never know what is going to happen, R2K is heading up AH too... might exceed the intra-day high before too long.

 

[Bquat]

I still think we're rolling over. Green to yellow to white channel.:worried:

 

[RealMoneyIssues]

I still think we're rolling over. Green to yellow to white channel.:worried:

Not necessarily, your white channel isn't valid unless we close lower today. Then, your yellow channel is still in play and that is bullish.

 

[Bquat]

Not necessarily, your white channel isn't valid unless we close lower today. Then, your yellow channel is still in play and that is bullish.

Thanks

 

[Bquat]

Is this ladder the pulse of the market or does the yellow line hold?:worried:

 

[Bquat]

Yellow channel now confirmed by my 5 day. Now 5 day supported. So here we go and i'm not in.

 

[Bquat]

Things are going opposite to what I was expecting to happen. I see an isometric triangle. My current ladder may be a bull flag. A F pattern is bullish until it breaks and the rising 5 day is holding. Yet still I don't know. I'll watch a little more.

 

[RealMoneyIssues]

If that triangle is correct, it looks like the market will make a break up or down today (usually done around the 75% mark of the triangle)...

Lets see what happens...

 

[Bquat]

If that triangle is correct, it looks like the market will make a break up or down today (usually done around the 75% mark of the triangle)...

Lets see what happens...

Yeah I'm thinking that same thing but will it happen before the deadline? Tic, tic, tic, ...

 

[RealMoneyIssues]

Yeah I'm thinking that same thing but will it happen before the deadline? Tic, tic, tic, ...

Never, we always are a day late... which many times makes us a dollar short...

 

[Birchtree]

Fear is easier to act on than confidence.

 

[Bquat]

Fear is easier to act on than confidence.

Yeah I kept with the fear and luckily a false breakout and double top.

 

[Bquat]

Fear is easier to act on than confidence.

Christen just has me sooo psyched out. Nightly Market Videos

 

[RealMoneyIssues]

Christen just has me sooo psyched out. Nightly Market Videos

Hope your not in F, because THAT is getting tore up... Looks like AGG is heading to the 200 MA...