Bquat's Account Talk

[Bquat]

Ladder time? JTH's line (or close enough) held.

The incline of the drop may be too much for a ladder. 1802 pull the ripcord and 1768 pull the reserve. It could escalate next week. I could be wrong but glad I'm not long. There's smarter people to figure this out. I will probably be asking for a P&F chart soon.

 

[Birchtree]

The Fed under Yellen will hold QE at $75 billion - to help the emerging currencies. We could take it all back next week.

 

[Bquat]

The Fed under Yellen will hold QE at $75 billion - to help the emerging currencies. We could take it all back next week.

I think that's a given and already priced in, with last months unemployment report. Remember even emergency unemployment is running out.

 

[Birchtree]

I'm not sure it is priced in - the market has been anticipating a move to $65 billion - and if $75 billion holds that is a surprise. We do have 50 more weeks of trading so I'm not overly negative at this point. We are just washing the oscillators and sentiment back to better levels.

 

[Bquat]

I'm not sure it is priced in - the market has been anticipating a move to $65 billion - and if $75 billion holds that is a surprise. We do have 50 more weeks of trading so I'm not overly negative at this point. We are just washing the oscillators and sentiment back to better levels.

OK

 

[Bquat]

I'd love to banter with you Birch but you always win eventually.

 

[Bquat]

If we take JTH's line as the hatch on the top of the submarine's com tower. Don't you think the captain is closing it right now at they submerge?:worried:

 

[JTH]

If we take JTH's line as the hatch on the top of the submarine's com tower. Don't you think the captain is closing it right now at they submerge?:worried:

Nothing gets me more excited than market fear, bring on the pain...

 

[Mcqlives]

If we take JTH's line as the hatch on the top of the submarine's com tower. Don't you think the captain is closing it right now at they submerge?:worried:

Just remember JTH has a range down to 1796.

 

[Bquat]

Nothing gets me more excited than market fear, bring on the pain...

If you want a gauge of fear, if you take and compare yesterday's drop with today's we're accelerating to the down side.

 

[Bquat]

Just remember JTH has a range down to 1796.

I member.

 

[Bquat]

My red projected down line has been met.

 

[Mcqlives]

My red projected down line has been met.

Where did you get the 1768? 1758 is 5%...

 

[Bquat]

As you guys make you decisions for today, consider even though the long term trend is damaged we still have a mid-term higher lows line within 1% of where we are. It could hold but I'm not smart enough to figure the amount of longer term damage.:notrust:

 

[Bquat]

Where did you get the 1768? 1758 is 5%...

Look for the chart with the red triangle. It's projected off it. Just go back until you don't see the red vertical line.

 

[Mcqlives]

Where did you get the 1768? 1758 is 5%...

Ohhh....that is why you are the chart-master!

 

[Mcqlives]

As you guys make you decisions for today, consider even though the long term trend is damaged we still have a mid-term higher lows line within 1% of where we are. It could hold but I'm not smart enough to figure the amount of longer term damage.:notrust:

Big head formed with a shoulder coming?

 

[Bquat]

Back to today's chart::worried:

0541 am my time

 

[Bquat]

Well I'm charted out. Maybe just one more: I may wait until the lower lows meet the higher lows.

 

[Bquat]

This weekend I may try to find a shorter term channel.