Bquat's Account Talk

[Bquat]

Even wondering if I should buy this dip and double down.

 

[Bquat]

No double down. Not buying dip yet with VIX in danger zone::worried:

 

[Whipsaw]

:worried:

 

[Bquat]

Chart:

 

[Bquat]

VIX chart:

 

[Mcqlives]

VIX chart:

I like the post....but don't like the chart! If the VIX starts giving us some nice long candles, in each direction, then we can make some money!

 

[BooDog]

Today may very well be a dead cat bounce, however slight. Don't think I need to express caution. Early futures were down another 300 pts or so. Watch the head fakes. I've been taking advantage of a couple bio's on the dips and was THINKING of making a small IFT back to I C & S but resisting the temptation. For now.

GLTA!

Thanks for the charts B!

 

[Bquat]

Looking better.:smile: Looking good enough to stay in but not good enough for me to double down.:suspicious: Looking at green line in VIX to decide if it doesn't hold as support:

 

[Mcqlives]

That 100DMA has turned into a pivot line today. Red or black, red or black...watch that wheel go round and round!

 

[BooDog]

Looking better.:smile: Looking good enough to stay in but not good enough for me to double down.:suspicious: Looking at green line in VIX to decide if it doesn't hold as support:

...not good enough for me to double down

I made a small move for 10% each C S & I. I'm thinking we're not out of the woods yet. In fact, we may be far from that. Many chart lines put us back to October 2019. Notice the gap this morning as well, I hate gaps. And clearly a lot of hesitation and inability to break the highs so far today. I'm very skeptical. Though I also wanted a small piece of the pie if we're close to bottom.
And really, if I go back in time, how many times does the market wait until JUST after 12pm to start really deciding direction? Thought of cancelling my IFT but didn't.

Cheers, it'll either be a good glass of scotch this weekend or just a couple ice cubes.

 

[nnuut]

Rat Tails are getting longer!

 

[Mcqlives]

So if my scratches are right on the C fund then the 3180ish area needs to be broken for an upward channel to reestablish. IMO anything less than that will be a DCB.

Good luck!!!

 

[nnuut]

So if my scratches are right on the C fund then the 3180ish area needs to be broken for an upward channel to reestablish. IMO anything less than that will be a DCB.

Good luck!!!

Or 2950!

 

[Bquat]

Definitely a correction. We need some good news:

 

[Mcqlives]

Definitely a correction. We need some good news:

Your box is about filled back in on the S fund. You think the odds of the rebound are improving?

 

[Bquat]

Your box is about filled back in on the S fund. You think the odds of the rebound are improving?

I don't know but I think all the gaps may be filled. Long term double bottom:

 

[Bquat]

I hate this channel. Can we break it soon? Are we there yet? Double bottom::suspicious:

 

[Bquat]

VIX long term:

 

[Bquat]

VIX Chart:

 

[Bquat]

Looking better but not using an IFT today: