Bquat's Account Talk

[Bquat]

I chose to wait in the G Fund, September has a lot of trading days left. Better to miss out these small up and down days than make a big mistake (conservative mindset). As you say, wait for confirmation of a move.

My concern is largely a sideways C Fund and an S Fund double top occurring. I believe rising interest rates can negatively affect small caps. Been wrong before.

I'm looking at 2004 level. Avoiding risk sometimes better than missing small gains.

 

[OBXTrader]

Wow, not wrong. Tomorrow should prove interesting.

I chose to wait in the G Fund, September has a lot of trading days left. Better to miss out these small up and down days than make a big mistake (conservative mindset). As you say, wait for confirmation of a move.

My concern is largely a sideways C Fund and an S Fund double top occurring. I believe rising interest rates can negatively affect small caps. Been wrong before.

 

[Bquat]

Wow, not wrong. Tomorrow should prove interesting.

Interesting yes, tomorrow will be. Still consolidating through time. Glad support held but I rather have had 2004 hold:

 

[Bquat]

Working with the sideways movement of each step up, Friday will be real interesting. Could lower than expected jobs report quell worries on interest rates? Is bad news still good? With lower ECB rates increase money into US stocks and bonds again? Will Gotham be a hit and bring Batman back to our tv sets? Same time same station Pop Pow Bam::nuts:

Hope somebody isn't looking wrong now. If we don't pop tomorrow and retake the green line, I'll be worrying.:blink: We are still in a 1 % range:

 

[Bquat]

Now I'll go find out what happened while I wasn't in pocket today.

 

[Whipsaw]

Bquat, your avatar is really creeping me out... just sayin' :nuts:

 

[Bquat]

I chose to wait in the G Fund, September has a lot of trading days left. Better to miss out these small up and down days than make a big mistake (conservative mindset). As you say, wait for confirmation of a move.

My concern is largely a sideways C Fund and an S Fund double top occurring. I believe rising interest rates can negatively affect small caps. Been wrong before.

You're looking better all the time.

 

[Bquat]

Will past resistance at as support? Will the SPDRs save my little spider? Watching 1990 wondering if this is still just a sideways correction through time. We should find out today.

 

[Bquat]

Bquat, your avatar is really creeping me out... just sayin' :nuts:

It's not really to freak you out. The theory is that if I get cought in a negative move I can climb the web back up.

 

[BichonFreeze]

Interesting Jobs report today. Since the report came out Dow futures have lifted from -55 to -20.

 

[Bquat]

Interesting Jobs report today. Since the report came out Dow futures have lifted from -55 to -20.

Yes, and 1990 was tested. I might be ok after all. Bad news is good news, right?

 

[Bquat]

Won't be able to do charts. I'm at the Chevy dealer getting oil change.

 

[Whipsaw]

Won't be able to do charts. I'm at the Chevy dealer getting oil change.

Have them throw in a quart of Rislone Engine Treatment! That's good stuff.

 

[Bquat]

Testing support of the new channel:

 

[Bquat]

Will past resistance at as support? Will the SPDRs save my little spider? Watching 1990 wondering if this is still just a sideways correction through time. We should find out today.

Is this close enough?

 

[Whipsaw]

Looking at the chart at the link, might the downturn continue to the lower bolinger band?

Dow Jones U.S. Completion Total Stock Market Index, XXWCPF Advanced Chart - (DJW) XXWCPF, Dow Jones U.S. Completion Total Stock Market Index Stock Price - BigCharts.com

 

[Bquat]

Looking at the chart at the link, might the downturn continue to the lower bolinger band?

Dow Jones U.S. Completion Total Stock Market Index, XXWCPF Advanced Chart - (DJW) XXWCPF, Dow Jones U.S. Completion Total Stock Market Index Stock Price - BigCharts.com

You see where the 20 day is on the first chart. Ira Epstein says after dropping from the top boillinger band the market looks for the 18 Day for support and as long as you remain above the !8 Day you're ok. While others say if you don't reach the last peak you're breaking down. Me I'm just pushing my agenda and expecting the inverted Head&Shoulder to work. Remember I'm not your top notch analysis.:notrust:

 

[Bquat]

Little bit of a turn around today. I will have a few charts shortly. Give me a few.

 

[Bquat]

W4500 looking better but not above the green line yet. It is coming off a double bottom. S Fund:

 

[Bquat]

The SPDRs which I was counting on saving my little spider bounced nicely after testing the green line.