Bquat's Account Talk

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Bquat said:
Looking for Dec 1 or 2 entry:
Click to expand...

I don't know if we'll make another attempt this week to reach the 200 dma. For me it's difficult to project the most likely scenario. As I was informed, the Fed will be meeting next Wednesday and Thursday. How did you reach the conclusion that you are planning an entry for Dec 1 or 2 (which falls on a Saturday). Aren't you giving any significant credibility to the possibility of the rally recovering on Friday (day after tomorrow) and perhaps lasting through next Tuesday or so? Tia
 
airlift said:
I don't know if we'll make another attempt this week to reach the 200 dma. For me it's difficult to project the most likely scenario. As I was informed, the Fed will be meeting next Wednesday and Thursday. How did you reach the conclusion that you are planning an entry for Dec 1 or 2 (which falls on a Saturday). Aren't you giving any significant credibility to the possibility of the rally recovering on Friday (day after tomorrow) and perhaps lasting through next Tuesday or so? Tia
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Didn't have a calendar with December yet. Was just projecting inverse H&S out. If the rally continues my bad. Was expecting more drop after a failed move on the 200 Day. Guess I was a week off on FED day also. Just don't have faith on the market.
 
S&P is in a 20 Day supported down channel with a tweezers top intraday. The W4500 is in a down channel and was prevented from reaching the top of the channel by the double top at the 200 Day. Technically longer term they both have a lower high than the October 8th peak. I cleared my last channel so you can see the damage of today's move may have had: Post technical analysis of these charts are welcomed.;)
 
Well so far today the market is proving me wrong but we still have a chance of triple top on the S Fund:
 
I am still paranoid that smart money always waits for our deadline or shortly after to make it's move. Why can't we get one more hour to skip their lunchy time.:suspicious:
 
They would just wait another hour. We plunk too many nickels into the market for them to vacuum up. They aren't going to let that go to waste. :mad:
 
Bquat said:
I am still paranoid that smart money always waits for our deadline or shortly after to make it's move. Why can't we get one more hour to skip their lunchy time.:suspicious:
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Who are you kidding? You're always paranoid. :laugh:
 
Bquat said:
Ok been there said that:
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Congratulations Bquat! Very good work. Now what, does anyone think that we are going drop or to rise from today, through the Fed announcement and the elections in November? All opinions will be appreciated and respected. Tia
 
airlift said:
Congratulations Bquat! Very good work. Now what, does anyone think that we are going drop or to rise from today, through the Fed announcement and the elections in November? All opinions will be appreciated and respected. Tia
Click to expand...

Let me answer that for Bill. It's going to rise until it drops. :laugh:
 
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