Bquat's Account Talk

[Mcqlives]

Got your H&S, lets see if it triggers

Flirting with that 5% mark...this is not looking like a good day for the markets.

 

[Dutchy]

Posting a chart this morning Bquat ?? We will see if this morning dip is bought..

 

[Bquat]

1768 has been bought before and we didn't go up much from there before. I think the next crossing of my blue line won't recover but everyone and his brother disagree with me. Even my brother.

My projected down move has been met. I'm getting nervous, I'm getting too good at this.

 

[Bquat]

Posting a chart this morning Bquat ?? We will see if this morning dip is bought..

Fast enough for you?

 

[rspring]

Fast enough for you?

BQUAT, looks like you called it right, I hear the flushing of the toilet sound in the background. Now what do you see?

 

[Bquat]

BQUAT, looks like you called it right, I hear the flushing of the toilet sound in the background. Now what do you see?

A hope and a prayer for the guys that are in. Hope lower low line holds at 1750 and pray that long term purple line holds at 1740.:worried: I have missed near 5% loss since my exit and 1% more to go.

 

[Bquat]

No move for me today. My biggest fear for you guys is that we hesitated at 1764 for a possible double bottom and it didn't happen. Midterm damage is done and long term damage may be beginning. Need to spike soon.:notrust:

 

[Mcqlives]

A hope and a prayer for the guys that are in. Hope lower low line holds at 1750 and pray that long term purple line holds at 1740.:worried: I have missed near 5% loss since my exit and 1% more to go.

1758 may have been it. Broader channel (1758 to 1850) is tested and held....but will it hold after the deadline? Too uncertain to get in for my tastes...although the I fund does appeal to me for a change!

 

[Bquat]

1758 may have been it. Broader channel (1758 to 1850) is tested and held....but will it hold after the deadline? Too uncertain to get in for my tastes...although the I fund does appeal to me for a change!

Yeah Uptrend is picking the I fund chart wise. He's normally good but I'm more news based with QE taper. Emerging market and China's growth concerns have me skeptical.:notrust:

 

[Mcqlives]

Yeah Uptrend is picking the I fund chart wise. He's normally good but I'm more news based with QE taper. Emerging market and China's growth concerns have me skeptical.:notrust:

Forget the 1758 mark. As for China and emergings, they represent a very small portion of the I fund balance sheet. Almost all of I fund is EU based economies and they are doing the same thing our FED is doing.

 

[JTH]

No move for me today. My biggest fear for you guys is that we hesitated at 1764 for a possible double bottom and it didn't happen. Midterm damage is done and long term damage may be beginning. Need to spike soon.:notrust:

Looks like you will have a golden opportunity to get in at the lows

 

[OBXTrader]

I was tempted. Only minor losses sitting in the L Income. Didn't want to catch a falling knife, plenty time to buy in, catch a bounce, then eject.

Looks like you will have a golden opportunity to get in at the lows

 

[Bquat]

Looks like you will have a golden opportunity to get in at the lows

Yes buddy but I still will watch for confirmation of an up move. Investors seem less willing to buy dips and buy and hold isn't automatic this year. More movement with news but then again TA is a little better under tapering if you bias a little bearish. I'll probably take everything as bear flag until were in a fully realized V bottom.:toung:

 

[Bquat]

I was tempted. Only minor losses sitting in the L Income. Didn't want to catch a falling knife, plenty time buy in, catch a bounce then eject.

In regards to falling knife, I need to find my last parachute and pull the reserve comment.:worried:

 

[Bquat]

In regards to falling knife, I need to find my last parachute and pull the reserve comment.:worried:

Pull the cord. If this is a pattern repeat, momentum to the down side is increasing. Look at the angle of this leg.:worried: Ok, just a possibility,:blink: Birchchart (not)

 

[Bquat]

Another double bottom opportunity missed at 1748. Approaching 1740 scare line. Below purple channel and longer term damage has started.:worried::worried:

 

[Mcqlives]

Another double bottom opportunity missed at 1748. Approaching 1740 scare line. Below purple channel and longer term damage has started.:worried::worried:

1740 holds and then we climb a little before a run down to the 1660's?

 

[Mcqlives]

This is a Pretzel chart...comparing it to yours leads to a bad picture.

 

[Bquat]

1740 holds and then we climb a little before a run down to the 1660's?

My buy might be 1700. Talking heads say don't buy. Spidey is good Spidey is my friend this year. Don't worry 8% S&P loss should be enough. Changed ladder color because what other thing do I have. Dallas Fed reserve chairman on news now to ease fears. Yeah right.

 

[Bquat]

This is a Pretzel chart...comparing it to yours leads to a bad picture.

Wow you two green down bars match mine.