Bquat's Account Talk

[Bquat]

Wow look at the buy in price I get. I really didn't see this and hope 1223 holds and we go up tomorrow.

 

[Bquat]

Well I hope I didn't cut my throat trying to be bullish. I found some support from OCT 19ish. If we go up tomorrow I'll be gaining at a 100% S rate where I lost at a 50% S rate. I think we have strong support under us and we should bounce. Ok here's the chart and I'll have to figure it out after tomorrow. If we don't start back up from here and 1220ish doesn't hold, I may eat the loss as will many others looking at the auto tracker. So Little Bull holding.

 

[rcknfrewld]

that may be one of the reasons in favor of the C.

See the herd going one way...head the opposite direction

 

[Bquat]

If we looked at this in a real bullish way, can this be a bull pennant?

 

[Birchtree]

"A sustained break of the 200-day at 1273 would increase the odds of stocks going on to make significant higher highs." Are you set up to be ready?

 

[Bquat]

"A sustained break of the 200-day at 1273 would increase the odds of stocks going on to make significant higher highs." Are you set up to be ready?

I'm all in at the moment. Thanks for visiting. Stocks usually go back up after your visit.

 

[Bquat]

Little Bull happy. Made back loss and then some. Bottom of Bull Channel acted as resistance and with only small retrace this is a high base. Maybe Monday we can reenter the bull channel.

Here's simple charts.

Comments positive or negative about charts welcomed.

 

[Bquat]

Are we coiling up for a big move. We're seeing lower highs and higher lows. Little Bull hopes we break out the top of the triangle.

What do yoou think? Are we in a bull pennant?

 

[nasa1974]

Are we coiling up for a big move. We're seeing lower highs and higher lows. Little Bull hopes we break out the top of the triangle.

What do yoou think? Are we in a bull pennant?

Can't say we will see a breakout today. Too much ground to cover. Just hoping we don't give back what we made Friday.

 

[Bquat]

Here's the $1000.00 quaestion? Should we wait for the false break out of the triangle at the 3/4 mark and follow it hoping to be in for the break out of the top or do you think it might not bounce back?:notrust:

 

[Bquat]

I think I'm staying because I couldn't get back in. Wish I had 4 IFT's.

 

[Bquat]

Here's the $1000.00 quaestion? Should we wait for the false break out of the triangle at the 3/4 mark and follow it hoping to be in for the break out of the top or do you think it might not bounce back?:notrust:

Looking at it closer 1228 to 1230 would accomplish this also.

 

[Bquat]

I redrew the tip of the triangle and taking today as bottoming tail. Little Bull wants a bull move up tomorrow. Maybe some today.

What do you guys think? Are we coiled up for a big move up. The chance for the down was negated today and the tip is getting more and more narrow.

Inquiring minds want to know. Educated guesses needed.

 

[Intrepid_Timer]

I redrew the tip of the triangle and taking today as bottoming tail. Little Bull wants a bull move up tomorrow. Maybe some today.

What do you guys think? Are we coiled up for a big move up. The chance for the down was negated today and the tip is getting more and more narrow.

Inquiring minds want to know. Educated guesses needed.

Bend them till they break!! :laugh:

 

[Bquat]

Bend them till they break!! :laugh:

I'm trying the best I can. Yoouu do it.

 

[Bquat]

I'm trying the best I can. Yoouu do it.

Ok what you do? It wasn't me.

 

[Intrepid_Timer]

Ok what you do? It wasn't me.

It was Fitch. I think you need to put your lines back to where they were now.

 

[Bquat]

It was Fitch. I think you need to put your lines back to where they were now.

Ok I will.

 

[Bquat]

Ok, I redrew the triangle and it looks like investers must be putting in stops at the bottom and selling at the top. So by my chart we still can go bullish tomorrow. Little Bull 60/40 bullish tomorrow. These swings are getting to me so stop that.

Where is everyone in the afternoons lately? MB seems quiet lately with less and less post market talk. Must be burnout or the fact that technical analysis is not working anymore and we're using the deer in headlamp approach. Keep your eyes on the road and hope the car will turn soon.:worried:

 

[Mcqlives]

I am around but have not been able to respond to anything till now...work has been crazy. I am jealous of you folks already retired (YOU ARE ALL BASTARDS!!!

I am with you but these swings are crazy...the EU/Super Committee news driven moves are killing all the good fiscal news we get. I was in at 1218 and planning on staying for the year unless we break lower than that or I have 2 moves at the end of the month (one to get out and one to get in).