Bquat's Account Talk

[Bquat]

You may have your bounce at 1646 but I'm not biting. This market has as much or more downside potential that upside for now. I'll wait for, hopefully for me, a lower buy in

Yeah but this kid is looking for a pattern repeat. Big picture chart:

 

[Bquat]

Thanks for posting Bquat. That's a nasty looking chart right below, hope Market will find support before 1630 area..

You're welcomed. Now slow but steady gain is what we hope for.

 

[Bquat]

Minute is up. Had to release the warp core and waiting for the impulse engines to get us going. As I go off to bowl, I hope we get out of this hole.:worried:

Found some Di-lithium Crystals and restored warp drive Captain! Standby for warp speed. So much for the slow and steady gain. Just because of a meeting for a rumored fix.:suspicious:

 

[Bquat]

I have darkened the channel because the lower highs line and the higher lows line are important. JTH Pivot is more important to break than the 50 day but breaking it is good too. Breaking the lower high line would get us above warp 5.4.

 

[Bquat]

Now let's try a Birchism: We have just entered the train station waiting for the conductor to give us a ticket for the noon train. Now see if we have enough money to catch it? Major line being tested right now 5 min. before deadline. I do hate the deadline time.

 

[Bquat]

Talk about deadlines. The train has been just sitting there for eight minutes. Ticket office closed. No ticket buying now and no rebates either. I bet there's a hundred of times 15 min. would make a difference.

 

[Bquat]

This is one of those very long trains that take a long time getting started.

 

[Birchtree]

When we get these compressional moments they usually give us a multi-month trading pattern to work with once any indecision is finally resolved.

 

[Bquat]

Loved the action on the rumor today. I hope for a deal but you never now. Peaking into the close makes me feel like something else came out that was good. Now if we can keep this gain.

 

[OBXTrader]

I saw the opposite, but I am overly conservative. I did an L2050 buy yesterday and a 100% sell to G Fund today for my last move. Will sit in the bleachers until November 1st with a 2% gain plus interest.

 

[Bquat]

Well here's my levels or guesses. A proposed channel for a higher high and setting a higher low. Also maybe even a projected gain and possible 1675 exit.

 

[Bquat]

I saw the opposite, but I am overly conservative. I did an L2050 buy yesterday and a 100% sell to G Fund today for my last move. Will sit in the bleachers until November 1st with a 2% gain plus interest.

I've heard several people doing the same thing. You have a 60% chance of being right. I going with this may be a positive October and is the last month of the traditional 3 month slump. I have been wrong before but with the new Fed. Chairman that was the main thinker for QE, I taking a chance. But many know to look out when I take chances.:notrust:

 

[Bquat]

Ok, enough sideways consolidation. You know you want to go higher.

 

[Khotso]

Ok, enough sideways consolidation. You know you want to go higher.

Voila!

 

[Mcqlives]

I've heard several people doing the same thing. You have a 60% chance of being right. I going with this may be a positive October and is the last month of the traditional 3 month slump. I have been wrong before but with the new Fed. Chairman that was the main thinker for QE, I taking a chance. But many know to look out when I take chances.:notrust:

I wish I had...now I am hoping (against my wishes) for the dems to reject the proposal.

 

[Bquat]

Voila!

Yeah but the plan is happening too fast.:blink:

 

[Bquat]

I wish I had...now I am hoping (against my wishes) for the dems to reject the proposal.

Did you exit a few day ago?

 

[Bquat]

Ok, I edited my signature and promised to try to be less bias in my charting. Birchchart 32% chance::notrust: Only to be used by risk takers.

 

[Bquat]

Chart fever. See ya.

 

[Mcqlives]

Did you exit a few day ago?

Yep...I got out last week.