Bquat's Account Talk

[BichonFreeze]

Can clearly see the impact of the Fed announcement in the F-Fund, .13 decline. Lets see how Yellen's speech will impact it more.

 

[Bquat]

I do believe we'll get a Fed pop but will it last? News has an advantage on low volume. So watching:

I did not expect this much of a move: ​ Think I need to re calibrate my 1% line for this chart.

 

[Bquat]

I am also surprised that the F funds didn't confirm the move and I made money today.
AGG Basic Chart | iShares Core U.S. Aggregate Bon Stock - Yahoo! Finance

 

[Bquat]

Possible double top::suspicious:

 

[JTH]

 

[Bquat]

This river? Cross the river and through the woods. It could happen. Look how long it has been since we touched the 20 day:

 

[airlift]

This river? Cross the river and through the woods. It could happen. Look how long it has been since we touched the 20 day:

Bquat,

It has been a long time since we touched the 20 DMA, and from a technical standpoint we do have a double top. But I want to throw in a possibility that has been discussed before, as follows. Yesterday The Fed behaved quite favorable to the stock market. I was surprised that I had seen a bear flag formation in the SPX, and honestly thought that we would be dropping soon. It may yet happen. However, Ms. Yellin stated that the FED remained in a very accommodative monetary policy mode.

I suppose that global uncertainty, inflation goals, and the job market were very important in her consideration. The bottom line seems to be that higher stocks prices are expected going forward. Liquidity and a very supportive FED could trump any expectations of a pullback. This also is a mid-term election year, as discussed some time ago by Tom.

Do you, or any other reader/member think that today and tomorrow would be a good time to buy stocks or to buy the C, S, or I funds?

 

[Bquat]

Bquat,

It has been a long time since we touched the 20 DMA, and from a technical standpoint we do have a double top. But I want to throw in a possibility that has been discussed before, as follows. Yesterday The Fed behaved quite favorable to the stock market. I was surprised that I had seen a bear flag formation in the SPX, and honestly thought that we would be dropping soon. It may yet happen. However, Ms. Yellin stated that the FED remained in a very accommodative monetary policy mode.

I suppose that global uncertainty, inflation goals, and the job market were very important in her consideration. The bottom line seems to be that higher stocks prices are expected going forward. Liquidity and a very supportive FED could trump any expectations of a pullback. This also is a mid-term election year, as discussed some time ago by Tom.

Do you, or any other reader/member think that today and tomorrow would be a good time to buy stocks or to buy the C, S, or I funds?

Traders liked the Yellen speech and think they're going to stay in the easy money mode that why even bonds went up. I think we're over bought but in the Fed over watch and low volume we can remain or a drift up. A sideways move and consolidation in time may catch my interest. The slow drift up and new highs against the other shoe dropping mentality may be keeping me from gains. We are near the top of the channel and I think most of the gain has happened. So I don't know what to tell you. I'm not losing much in the F fund so it's not confirming the move either. This could still be the ECB rate cut making European money to enter into the US stocks and bonds where they both continue to drift up. With the VIX at record lows I still have the shoe drop mentality and may have to put it on ignore.

 

[Bquat]

What? Oh I thought I heard Birch saying something.

 

[Birchtree]

1969 was a very good year - I left Vietnam behind in July that year.

 

[Bquat]

1972 was good for me. I graduated high school.

 

[WorkFE]

Old farts :laugh:

 

[nnuut]

Nah he's a fine young man.

 

[Bquat]

I did not expect this much of a move: ​ Think I need to re calibrate my 1% line for this chart.

Glad I did. We came up to the 1% hesitation and moving sideways: Was out seeing the nail specialist (pedicure for you female units). She sure keeps my ingrown toe nail in check. Keeps it from growing into the skin.

 

[Bquat]

Old farts :laugh:

No can't do old farts. Too much of a chance to ____ my pants. JK

 

[JTH]

1969 was a very good year - I left Vietnam behind in July that year.

1972 was good for me. I graduated high school.

Dad, is that you?

You owe my mommy some child support

 

[Bquat]

Nah he's a fine young man.

Yea that's what my bowling partners say. This year the 55 plus tournament will be easier to place in. My BFFN (Best Friend for Now) just turned 65 and is finally out of my division again. He has a 209 - 214 average. I'm going to try my best to get a 190+ average this summer.

 

[Bquat]

Dad, is that you?

You owe my mommy some child support

There is a possibility.

 

[Bquat]

Back to stocks: Even though the tracker is showing everyone is taking this opportunity to get in. No move for me I think we're even nearer to the double top area. Could be wrong not to go long.:blink:

 

[Birchtree]

This cherube says that rotation is the life blood of a strong market. The NYSE advance-decline line has now made another all time high...and that is nearly always a bullish condition for the market. Could we see a late hour rush to even more new highs - you betcha.