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Bquat's Account Talk
- Thread starter Bquat
- Start date
Bquat
TSP Talk Royalty
- Reaction score
- 603
and more.:worried:
Bquat
TSP Talk Royalty
- Reaction score
- 603
Ok, I'll let you call it. 1729 it is. If we reach it, it will be my buy spot for November. Now let's get a consensus.:blink: I think that may be our 20 day touch.
Bquat
TSP Talk Royalty
- Reaction score
- 603
Just a reminder: Even though I want a 20 day touch, the QE enabled ascending triangle can out weigh the double top that it has done 4 or more times in the last run up. I just was cautious because I have some gains to protect. November would be a good month to be in but I would like a little consolidation for strength for this new ground we're covering. Coin toss anyone?
=Bquat;428783 A wise person knows if you give both sides in which the market can go, you can say you were right after what ever happens. Only problem is that I know how to do this but I'm not wise.Just hope my charts help someone.
Your charts are a valuable resource to me as to many others, thanks Bquat...
As for your coin toss below, we should get a pop today with the Fed pumping 5.25 Bil., into
the Markets, the rest of the week has weak liquidity so we "may" consolidate, coiling for the pop
into Nov., Hedge/Mutual Funds will make purchases on 11/1 which should boost the Markets too..
Last edited:
Bquat
TSP Talk Royalty
- Reaction score
- 603
Looking weaker but still within a high base.:blink: "These aren't the droids your looking for. Nothing happening here, move on." I be moving on to senior bowling.
Bquat
TSP Talk Royalty
- Reaction score
- 603
Well, I'll have to admit, you were right here. The rate of ascent is increasing again. But this cable car pace is just 1% over my exit. It is climbing though. I'm not getting the correction I was expecting.:embarrest:
Bquat
TSP Talk Royalty
- Reaction score
- 603
Here's the possible Fed move. Since there is no worry about a debt limit deal needing to be made, I feel the Fed won't sugar coat things to keep the market up during talks. They may announce they're considering tapering again to cause a small correction to avoid a bigger one later. This is only speculation on my part and there's only a 40/60 chance of it happening.:notrust: Just a heads up because I want a November entry and want to buy after a dip. I have redrawn the longer term channel. I have raised my switch line. And I have predetermined the Fed effect. What more could you want. I do think the overall market is more bullish but needs a little rest. This is my 1 cent and I would have to borrow the other cent for this to be worth my two cents.
I have redrawn the longer term channel. I have raised my switch line. And I have predetermined the Fed effect. What more could you want. I do think the overall market is more bullish but needs a little rest. This is my 1 cent and I would have to borrow the other cent for this to be worth my two cents.Here's the possible Fed move. Since there is no worry about a debt limit deal needing to be made, I feel the Fed won't sugar coat things to keep the market up during talks. They may announce they're considering tapering again to cause a small correction to avoid a bigger one later. This is only speculation on my part and there's only a 40/60 chance of it happening.:notrust: Just a heads up because I want a November entry and want to buy after a dip.
Im with ya for a little pull back...then santa rally into a crash.
JimmyJoe
Analyst
- Reaction score
- 8
The market that people hate. They jus don unerstan it. It will hit 1900 by December 30.
Is that Birchtree second account? Lol jk. Im sure itll get near there.
Bquat
TSP Talk Royalty
- Reaction score
- 603
You know my friends, I was going to tell you this is a bull flag. I don't think it is. It's and increase of volatility. I won't even say it's a falling wedge which is also a bullish sign. I think it's people buying the dip but more people concerned it the failed test of the five day. This is a first test of the moving averages with this bull thrust we just had. If the 5 day is not recovered, the market will have to believe it short term bearish. This makes my switch line in play and my recent TA good. Ok, my resent guessing better. Remember a rising 5 day makes the market innocent until it's proven otherwise. (Brian Shannonism) So watch the 5 day. I want my setup for November.
Ok, my resent guessing better. Remember a rising 5 day makes the market innocent until it's proven otherwise. (Brian Shannonism) So watch the 5 day. I want my setup for November.
