Bquat's Account Talk

[Mcqlives]

I would like a retest of 1235 and maybe the 200 day. A touch and go would be great.
Here for you. Chart, yes?

I would also, although I think it will hit just under that, and I think we will see it today. What happens then is the thousands of dollars question.

 

[felixthecat]

Jobs report tomorrow...key. With that said, I'm out.

 

[cak165]

Jobs report tomorrow...key. With that said, I'm out.

Agreed 100%, but I decided to get back in myself. Based on ADP report, there might be a surprise to the upside. If that happens, look out for the markets, in the U.S. at least, to head much higher. The money on the sidelines and those institutional and hedgies might try to chase it higher than it should be. Most of the news in the U.S. has been surprisingly better than expected so far, manufacturing, employment, consumer confidence, etc...And you have a Fed that's not willing to get his foot off the printing pedal, it's tough to be on the opposite side for the time being. They may have calmed the European front for few weeks, that may bode well for risk.

It can turn on a dime though, there was news that a European bank was on the brink of insolvency so anything can happen but it appears the central bankers are not going to just sit back and watch...

 

[cak165]

I would like a retest of 1235 and maybe the 200 day. A touch and go would be great.
Here for you. Chart, yes?

I don't believe it will, It's 2:01 pm EST and the market is flat, I wouldn't be surprised to be up 1% at the close. Risk is back ON courtesy of uncle Ben and ECB.

 

[Mcqlives]

Where is your chart today? This doing it myself sucks after I have been spoiled lazy by poaching on yours!

OK...I just did my own chart and came to the conclusion that we could see 1304ish or 1099ish by the end of the year. Man-o-man, what a roll of the dice on this news driven market.

 

[Bquat]

Where is your chart today? This doing it myself sucks after I have been spoiled lazy by poaching on yours!

OK...I just did my own chart and came to the conclusion that we could see 1304ish or 1099ish by the end of the year. Man-o-man, what a roll of the dice on this news driven market.

Had to go to VA today and just got back. Looks like were less bullish now and may be at a short term top. Little bear is tapping his foot and trying to get back in. May just be a hesitation here but I think Friday profit taking could kick in. Redrew my old top line to what was happening and added another resistance line.
Here you go. What yooou think?

 

[Bquat]

Now I read posts, yes?

 

[Bquat]

I don't believe it will, It's 2:01 pm EST and the market is flat, I wouldn't be surprised to be up 1% at the close. Risk is back ON courtesy of uncle Ben and ECB.

I was talking short term not exactly today. As we are getting less bullish and may form a toping tail today it could happen soon. Some profit taking my happen because of the quick move up over the last few days.

 

[Bquat]

Had to go to VA today and just got back. Looks like were less bullish now and may be at a short term top. Little bear is tapping his foot and trying to get back in. May just be a hesitation here but I think Friday profit taking could kick in. Redrew my old top line to what was happening and added another resistance line.
Here you go. What yooou think?

We Uptrend and Tom has said the same thing, so I was reiterating in adwance and was glad to read they agreed. I am so glad to see more people posting again. A little bullishness must help happiness.

 

[Bquat]

Ok, I cleaned up the chart a little. In the longterm I wanted to show where I got the purple lines and in the short term they are the top and bottom. I took off the right side of the white channel because we already got under it and moving out of the channel. There wasn't much profit taking probaly every one is taking off early not worried about another big gain or big loss. I still think there's a chance of some more down side.

You guys look at the charts and let me know your thoughts.

This week I got over 50,000 views and wish to thank everyone.

 

[MaStA]

So how do you think things are looking as of now Bquat?

 

[Bquat]

So how do you think things are looking as of now Bquat?

Just woke up. 50 day held and were at major resistance. I'm staying at 30% in.

 

[Bquat]

Sorry for the late post.

Now I'll make coffee and read other's post.

Slept well this morning.

 

[MaStA]

I went to change my allocation to 70% G and 30% S and it looks like it won't go through until COB tomorrow...so I guess I will cancel it and see what tomorrow brings...

 

[Bquat]

I went to change my allocation to 70% G and 30% S and it looks like it won't go through until COB tomorrow...so I guess I will cancel it and see what tomorrow brings...

If we still stay at the resistance level and build a high base we possibly could break this level. I think it's a slim chance but we have been known to jump again after consolidating for a day after a jump.

The bulls only took a small profit and we didn't go down as much as I expected. I'll hold until we break this level and confirm that we hold it. This may be just news driven about Italy.

 

[Cactus]

I went to change my allocation to 70% G and 30% S and it looks like it won't go through until COB tomorrow...so I guess I will cancel it and see what tomorrow brings...

Yeah, it seamed real slow today. I guess we were all trying to get on at the same time. How do you know if you are too late or not? My transaction simply gave the standard "transactions before noon are usually process by the end of the day" bit. I guess I made it??? I guess I have to check tomorrow and if didn't go through I can cancel before noon tomorrow.

 

[SteelSaving]

Go back to the site, click on the interfund transfer button again. It should say in red that you have an IFT pending for XX-XX-XXXX (the date). And that you have until noon EST of that day to change it.
You should be able to see it now.

 

[FAAM]

MaSTA; at 70G & 30S, was that more buy INTO the market for you, or was it to move some back to G? Just curious. I'm 80%G 10%F 5%C & 5%S, 8% for the year. I'm feeling the need to be very cautious with up-downs over last few months, yet hoping for good December & not wanting to miss out, I felt urged to move 20% or so from G to S this morning - yet with the markets looking up more today, I couldn't pull the trigger -- fearing buying high in my IFT, & thinking more odds for a pullback soon. Yet with the Euro news that'll happen daily all week & its impacts to USA markets, seems like a crap-shoot. Feel like I'm playing Russian Routlet (sp?) not being able to know or guess that news. Also, don't want to burn IFTs early. Hmm, what to do? See what happens tomorrow; if nothing else, sit conservatively with just a toe in the market & maybe buy into a low if it happens in next few days or couple of weeks.

 

[Bquat]

Just woke up. 50 day held and were at major resistance. I'm staying at 30% in.

Ment 20 Day here.

 

[Cactus]

Go back to the site, click on the interfund transfer button again. It should say in red that you have an IFT pending for XX-XX-XXXX (the date). And that you have until noon EST of that day to change it.
You should be able to see it now.

Thanks SteelSaving. I went back and it does say its In-Process.