Bquat's Account Talk

[Bquat]

Come on! You're not trying hard enough!

View attachment 27331

:nuts::toung::laugh:

Ok you got me. I was trying the whole channel but your way looks good.

 

[Bquat]

Here we go::worried: The downward path is 70/30 still.

 

[Bquat]

The market is fighting me. I will prevail.:suspicious:

 

[Bquat]

Have to go bowl my friends. While I'm gone watch this technical genius at work,

 

[Bquat]

Going from isometric triangle to declining triangle.:worried:

 

[Mcqlives]

Going from isometric triangle to declining triangle.:worried:

I saw it too...JTH posted a good 15min chart showing it.

 

[Bquat]

I saw it too...JTH posted a good 15min chart showing it.

I'll have to check that out. I was out of pocket today.

 

[Mcqlives]

While you are perusing stuff today...what about candles on the past 5 days? Puts a little different spin on the triangles.

 

[Bquat]

While you are perusing stuff today...what about candles on the past 5 days? Puts a little different spin on the triangles.

I just got back from Dr's appointment. Yes it's like watching paint dry but tomorrow we'll get past the 3/4 point and see a move.:worried:

 

[Bquat]

This could just be a false breakout at the 3/4 point. It also can be a break out of a bullish pennant if you consider the bottom yellow diagonal line. It also can be a less than 1% trading range below the highest high (arrows). With the close the odds are now 60/40 of going bullish. If a new high is made, it can confirm the continuing bull market and cause a covering of shorts and smart money buy. Even I must consider the bullish side and being two trading days out of being able to do something. Can you put an IFT in on Friday for next month's IFT's? Well anyway I feel we are in a coin toss situation and yesterday's gains are only because of Yellen's remarks.:suspicious: Can't fight the Fed. As always comments are welcomed and asked for.

 

[Bquat]

Now after all that, I am still neutral but must show the possibility of what could happen. This is still a free service with best guess scenarios.

 

[ravensfan]

Now after all that, I am still neutral but must show the possibility of what could happen. This is still a free service with best guess scenarios.

And your efforts are most appreciated.

 

[PessOptimist]

FWIW I think if you put the IFT in after 1200 EST tomorrow,it counts as a March IFT.

 

[BichonFreeze]

Can you put an IFT in on Friday for next month's IFT's? .

From TSP's website: Your IFT counts in the calendar month we process it, not in the month you submit it.

 

[clester]

From TSP's website: Your IFT counts in the calendar month we process it, not in the month you submit it.

I always prefer to in on the 1st of the month. Just to have an extra trade. But, I have been burned many times making that trade just for that reason. IMO, we are pretty close to a pullback. We may have a little more to go though. I'm guessing about 2%? or so. But thats nothing to sneeze at!

But if you get in on the 1st and then out a few days later...your done for the month. That sucks!
I decided long ago to not let that sway my decision. If its a good buy...just do it.

 

[BichonFreeze]

Yeap, I think what will happen is probably a favorable or mixed jobs report that won't be enough to stop the bull until the FED decides to continue tapering at a pace of $5 billion this month after their March 18th meeting.

 

[Bquat]

If we do break to the upside, I tell you 1868 tops. But I think we're now at 70/30 chance to go down.

Now we'll see if the market will make me look double stupid.:embarrest: So 1868 here we come.

 

[Bquat]

I'll redraw soon for you guys. I just have to watch the potential of this move.

 

[Bquat]

ok, redraw:

 

[Birchtree]

What does this move do to the 1929 graph - turns it into mush.