Bquat's Account Talk

[nnuut]

Congratulations My Friend and that's a bunch of Charts too!

 

[OBXTrader]

Congratulations on the big 6K! See what I said, be scared if I am happy. How prophetic, I am never happy.

I was out all day, did anything happen? I know what happened, I sure hope no one panicked and wasted an IFT today. We lament the post 12pm cutoff reversal and we got a positive one today, right? Isn't that good? We didn't have the weak-kneed Europeans to drag us down after 12pm. So this hiccup cost 8 points on the S&P from it's high and if one was a dip buyer, would have made a killing. It would be interesting metrics to see win percentage this year buying the pre-12pm dips.

No one could predict what happened this AM and the market returned to neutral despite getting sucker punched. I was very happy with the way it closed. Even my Foreign Fund ETF was only down slightly.

Have a great weekend. It's been a great week for Stocks and Bonds.

Out of the office again all day today and shoot, it looks like I missed seeing S&P break through overhead resistance. :nuts: Be scared if I am happy.

Short term, I am happy with my timing going from L2020 to L2050 on Tuesday. That was against the grain of the TSP auto-tracker. We'll see if people want to hold onto their gains over the weekend.

Don't bias them charts.

 

[Bquat]

Bquat just passed 6000 posts! Thanks for all your contributions. One of my favorite threads!

Thanks, it one of my favorite threads too.

 

[Bquat]

Congratulations on the big 6K! See what I said, be scared if I am happy. How prophetic, I am never happy.

I was out all day, did anything happen? I know what happened, I sure hope no one panicked and wasted an IFT today. We lament the post 12pm cutoff reversal and we got a positive one today, right? Isn't that good? We didn't have the weak-kneed Europeans to drag us down after 12pm. So this hiccup cost 8 points on the S&P from it's high and if one was a dip buyer, would have made a killing. It would be interesting metrics to see win percentage this year buying the pre-12pm dips.

No one could predict what happened this AM and the market returned to neutral despite getting sucker punched. I was very happy with the way it closed. Even my Foreign Fund ETF was only down slightly.

Have a great weekend. It's been a great week for Stocks and Bonds.

I probably added to the frenzy.:embarrest: I did not see this buy back happening and what can you do when your dropping going into the deadline. I want a 3 PM deadline.

 

[Bquat]

Congratulations My Friend and that's a bunch of Charts too!View attachment 29955

Thanks

 

[Bquat]

If I bail, I'm on the lilly pad till Sep!
Yea that's why I'm a little down for the year. Last IFT syndrome. Been there done that. Glad I have one left.

I hope I didn't push you with this comment. I was reiterating what happened to me when I was trying to save an IFT. Plus I was overly concerned about the news myself.

 

[Bquat]

So we'll do a rundown since it's quiet. NASDAQ: Triple top breakdown or cup and handle because of the afternoon recovery? You can guess here.

 

[Bquat]

DJ-20 Transports: Bear Flag or "V" bottom?

 

[Bquat]

VIX: I don't know. It's above support and over sold.

 

[Bquat]

W4500: Bear flag or "V" bottom.

 

[Bquat]

S&P-500: "V" bottom testing the 50 Day and JTH's line: Could this be a bear flag if white was red?

 

[Bquat]

So if we can ignore the news can we be slightly bullish or will the market use this excuse to go back down? Oscar say's we're going to new highs. What do you believe?

 

[OBXTrader]

If the news from Ukraine had not come out this AM, I believe the market would have finished well today. Your charts bore out it was on a very bullish rise in early trading.

I am as conservative as the come as you know, although concerned I am not surprised that my lowly L2050 only finished -.05% today given all that happened. That was a testament to the resiliency of the US market today.

A quiet or positive weekend would indicate the S&P owes us at least +.5% in fair value on Monday. Just my two cents.

So if we can ignore the news can we be slightly bullish or will the market use this excuse to go back down? Oscar say's we're going to new highs. What do you believe?

 

[Bquat]

If the news from Ukraine had not come out this AM, I believe the market would have finished well today. Your charts bore out it was on a very bullish rise in early trading.

I am as conservative as the come as you know, although concerned I am not surprised that my lowly L2050 only finished -.05% today given all that happened. That was a testament to the resiliency of the US market today.

A quiet or positive weekend would indicate the S&P owes us at least +.5% in fair value on Monday. Just my two cents.

Thanks for you're two cents.

 

[Bquat]

Forgot F fund: I know we broke out but did we peak?

 

[Bquat]

Since my icon is a spider I'm thinking of using SPY instead of SPX because SPDRs is plural for spider: What you think suggestions? Is sellers volume more than buyers or maybe it was just a one day news volume?

 

[JTH]

Since my icon is a spider I'm thinking of using SPY instead of SPX because SPDRs is plural for spider: What you think suggestions? Is sellers volume more than buyers or maybe it was just a one day news volume?

Lucky me, I don't have this problem, with their subscription service, for the shorter timeframes I can use SPX candlesticks alongside SPY volume

View attachment 29969

 

[OBXTrader]

I am leaving the house for a minor procedure, and noted futures were in line with my .5% prediction for the Monday market. At least at 6:45am I was right and hope the day will reward those that didn't follow the herd out the door on Friday.

Will check back in tonight and see how you all did today.

Originally Posted by OBXTrader
If the news from Ukraine had not come out this AM, I believe the market would have finished well today. Your charts bore out it was on a very bullish rise in early trading.

I am as conservative as the come as you know, although concerned I am not surprised that my lowly L2050 only finished -.05% today given all that happened. That was a testament to the resiliency of the US market today.

A quiet or positive weekend would indicate the S&P owes us at least +.5% in fair value on Monday. Just my two cents.

Thanks for you're two cents.

 

[JTH]

I am leaving the house for a minor procedure, and noted futures were in line with my .5% prediction for the Monday market. At least at 6:45am I was right and hope the day will reward those that didn't follow the herd out the door on Friday.

Will check back in tonight and see how you all did today.

Originally Posted by OBXTrader
If the news from Ukraine had not come out this AM, I believe the market would have finished well today. Your charts bore out it was on a very bullish rise in early trading.

I am as conservative as the come as you know, although concerned I am not surprised that my lowly L2050 only finished -.05% today given all that happened. That was a testament to the resiliency of the US market today.

A quiet or positive weekend would indicate the S&P owes us at least +.5% in fair value on Monday. Just my two cents.

Like 5 people went to the G-Fund on Friday, you are the herd...

 

[Bquat]

Waiting for a dip. We're now at resistance and the 1% hesitation point. No move for me.