Bquat's Account Talk

[FAB1]

Probably not a direct answer to your question but I believe Oil is still a Wild card and if it flips so will stocks
maybe not immediately either. There is so much bullishness at the moment the question in my mind is are
more people going to jump on the bandwagon and send our funds even higher before the end of the month or
will we have some (global?) catalyst rear its head and cause fear to prevail aborting the rally, or at least postponing
the trend of the last several weeks.

A lot of UP weeks beneath us now - odds are getting slimmer for the "rocket ride" to continue, at least on a daily basis so with 9 trading days left in March I am considering moving into ultra protection mode, giving the F my greatest investment allocation until April. If there is a short term trend change that could help me save recent gains, maybe continue to make a little more.

Wow, I should have posted this one on my OWN thread...

 

[amoeba]

^VIX chart?

 

[Bquat]

Here's the VIX-CBOE:

 

[Bquat]

^VIX chart?

Read my mind. I was doing it as you asked.

 

[FAB1]

VIX is the main reason I put what I could into the F today, that and some indexes looking stretched out in weekly charts.

Hoping for a short "breather" though and nothing like a major trend change.


Others might be wishing for much lower buy-in points but, like JTH I expect the market to hit some new highs before the spring ends.

 

[Bquat]

How long can VIX stay in a low base? Is it building up pressure or is everyone getting bullish out there::worried: VIX-CBOE:

 

[Bquat]

See that green line up at the top of the chart. Well below that line there should be a sell the peaks mentality but I'm seeing the dips being bought. So below the green line there is more of a chance of setting a lower high than a higher high. So being a glass half empty type of guy lately something should happen soon. But with stocks being embedded and VIX so low, I may be the guy thinking wrong: Orange top line with a yellow bottom line rising wedge, maybe:Just food for thought.

 

[Bquat]

Coin is in the air, You call it. Anybody ready for whipsaw Wednesday?

 

[RealMoneyIssues]

DOWN...


Sent from my (Daughter forcing me to use an) iPhone using Tapatalk...

 

[rspring]

DOWN...


Sent from my (Daughter forcing me to use an) iPhone using Tapatalk...

I think the Fed took out the volatility when they decided not to continue the pace of interest rate increases and I will take the other side of the coin and say up up and away! (since I'm fully invested) One thing for sure, we should know pretty soon. Markets have a way of fooling us. Best of luck on your investing decisions.

 

[Whipsaw]

Did somebody say Whipsaw?

 

[DreamboatAnnie]

Is that a TSPTalk silver coin???? . I say up! ...but just a little. Futures are a bit dwn right now.

Coin is in the air, You call it. Anybody ready for whipsaw Wednesday?

 

[Bquat]

Guess we finally got a breakout on the VIX yesterday:

 

[Bquat]

Well since the market is closed tomorrow I'll give you a heads up on oil. USO just dropped out of the rising wedge:

 

[Bquat]

SPY ditto but today is low pre-holiday volume:

 

[BooDog]

I could go way out on a limb and suggest today completes the consolidation of the last few weeks. Or, being the technical type I am, suggest it's time to lock it in if you haven't already. Of course, the truth won't be known until next week. The 20dma crossing the 200 and where the price is now may give us the breathing room we need not to panic sell. I'm hedged enough to take the chance and see what happens. Oil volatility is maintaining what guidance was advertised being stuck in its channel, though it does still move the market imo.

 

[Bquat]

Charts:

 

[Bquat]

VIX:

 

[Bquat]

Can the VIX white channel continue:

 

[Bquat]

Charts for April 1: