Bquat's Account Talk

[Mcqlives]

Looks like things may have calmed down a little but the higher low line must hold today:

Two questions for ya this morning...once you get coffee in ya. Did you watch Tepper on CNBC this morning (or read the highlights of his interview)? and...
you seeing a sloping head and shoulders?

 

[Mcqlives]

In the aftermath of yesterdays failed rally Japan and China spit-up some of those profits, Europe regurgitates too.

What happens now to the Little Market That Couldn't?

Try, try again? I hope!?!?!

 

[Bquat]

Two questions for ya this morning...once you get coffee in ya. Did you watch Tepper on CNBC this morning (or read the highlights of his interview)? and...
you seeing a sloping head and shoulders?

No I didn't see him.No I don't see a head and shoulders. With the DCB line and the bottom orange line I see an ascending triangle with a chance of going positive if the orange line holds but in this news driven market who knows. Sorry for the late answer, I decided to go out for coffee and breakfast.

 

[Whipsaw]

You all notice the huge pennant formation since 21 Aug in the S&P 500 one month chart? :worried:

 

[FAB1]

You all notice the huge pennant formation since 21 Aug in the S&P 500 one month chart? :worried:

At the moment the S&P seems to be struggling to break-out from the pennant.

Not on any kind of hi-volume or anything - looks like more desperation (to set-up the bomb)

all your market belong to us.

 

[Bquat]

You all notice the huge pennant formation since 21 Aug in the S&P 500 one month chart? :worried:

I did some color changing to show it tonight.

 

[Bquat]

C Fund:

 

[Bquat]

S Fund:

 

[Bquat]

I Fund:

 

[Bquat]

F Fund:

 

[Bquat]

VIX-X CBOE:

 

[Bquat]

SPY for volume:

 

[Bquat]

So we have our eyes open for 9-11 tomorrow. I'll be at the VA for lab work and then to breakfast.

 

[Bquat]

So we have our eyes open for 9-11 tomorrow. I'll be at the VA for lab work and then to breakfast.

Well I'm back. I don't know about your VA but ours have a new policy when it comes to lab times. It's no longer first come first serve on your lab day. When the lab door opens they re-line you up by lab times to do the auto sign in. So that moved about 20 or more people in front of me. Also for those that are over 15 minutes late have to get the clerk to manually sign you in and you go to the back of the line of those present. So I was early and was there from 0615 to 0825. Next time I'll go more closer to 0800 for an 0845 appointment. So technically I got in early.

 

[Mcqlives]

So we have our eyes open for 9-11 tomorrow. I'll be at the VA for lab work and then to breakfast.

I hope everything was fine on the labs. And I'm glad that everything is quiet on 9-11 (at least so far)...one of these days, I'm afraid, we will get "got" again. Fo now, the relative peace Americans enjoy should allow us time to reflect...especially on this day.

At any rate, markets are riding into your triangles and I'm tired of checking (plus the deadline just passed) so I'm out of here. Have a great weekend!!!!!!!!!!!!!!

 

[Bquat]

Now about todays market. It looks like not much market movement and that may be a good thing. Got to do so things today so have fun guys.

 

[Bquat]

Anybody watching the 18 Day's effect on today's action? The coin is in the air. You call it:

 

[FogSailing]

View attachment 35197

I'll have to wait the last 15 minutes of today's action to see where the momentum is at (up or down) to make that call Bquat. If the S&P begins to rally before closing I think you have a couple of up days. Sheesh, what a way to make a few sheckles...

I thinking the bears out there are doing the happy dance since August.....





FS

 

[Bquat]

Is the market waiting on the FED? This is about a 1% price range and somebody must of tossed the coin real high because it hasn't landed yet.:suspicious:

 

[Bquat]

Here's someone else waiting on direction: https://www.youtube.com/watch?v=TCGgbFr3pk4