Bquat's Account Talk

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+17.81+1.44%It's close enought to my 1.5% so I'm staying 30% S but not adding to my posistion.:suspicious:
 
It's time to grab some courage. There is no crisis.

It takes a lot of courage at these times, there's a huge crisis but the rug may not be pulled out immediately. If we get past the EU headlines next week, the markets may start looking at some of the positive trends in the U.S. and may resume the mini rally, but it would not be very prudent to assume all is well in Euro land, the time of reckoning is coming - they may have just bought themselves a couple of weeks or months.
 
Little Bull happy. Wish we had at least 2 hours more fo IFT time. The moves happen mostly after IFT time and around 2 PM eastern.

So should I spread out the circle that I'm using to show the rounded top? We'll see. More people went in today. Are the peoples right?:confused:
They might be. I'll have to get back with you after I watch videos and read posts. Going up into the weekend may be a good sign.
 
Well I'm wandering if this Little Bull and Little Bear battle is confusing the peoples.:confused:

It is still working for me somewhat.:):( I'm somewhat able to keep it streight in my mind and believe it's giving a selection between the bullish look and bearish look at the same situation. Many a time I have looked more at the market with the bearish side of what if. Having a bearish tilt toward how you interpit the market helps more for someone who is in Capital Preservation. It has helped me by missing more loss than making a good gain. It's like inch-worming up the positive ladder. I brought on Little Bull to force me to look at the chance of gain by ignoring some of the fear of loss. They do help each other in a sense, but wouldn't I be 2% higher if I didn't take that last chance? I did ok because I was only partually in 1/2 of the way down and doubled the amount not looking for confirmation of an upside (bought the dip that dipped more) and only did ok by riding it down and then back up at 100%. I got lucky doing exactly like those others that get into a buy and ride it down saying it will bounce back soon and keep waiting for the bull. Thats where having Little Bear to say don't do it. That kind of why I ask others to comment especially if they're contrary to me. Give people options keep them informed.

So for a little treat, I have drawn my short term channel or trading zone. To be less confusing, I myself and I are staying at 30 % S and 70% G in this channel. A close below it and I will get out. A close above with a confirmation (another up day or consolidation above it), I will increase my exposure. Right now Little bull is winning buy some of the things I watch (people getting in on the tracked, Uptrend on a buy...) but in Capital Preservation you see the move, see confirmation and then act.

So here's the zone: I using the 30 min to be less flim fland and more of a swing trade look at the market.

Ok what you think? :)
 
We are near my exit point. I am seeing that with the news we have switch from longer green follower by short reds to longer reds followed by short greens. The bearish rounded top may be in play if this dip isn't bought soon.

Here's the chart and I hit the next key over. +1 should be _1.
 
Close enought for me. Little bear wins.:( Getting out because of no good bounce off 1231. 100 G.
 
Close enought for me. Little bear wins.:( Getting out because of no good bounce off 1231. 100 G.
Started making change at 10 till and finally got it through at 3 after soo it's effective tomorrow. Trying to get my move on tracker to reflect this. This is my first time not able to get through. Might have to use 1140 as deadline.:mad:
 
Started making change at 10 till and finally got it through at 3 after soo it's effective tomorrow. Trying to get my move on tracker to reflect this. This is my first time not able to get through. Might have to use 1140 as deadline.:mad:

Glad I didn't try today as it looks like you and Poolman both got shafted...
 
Even though TSP didn't let me out yesterday, I'm letting my IFT to 100 G stand. Yes it's above my line but that was a lower low and today is another lower high. The risk is higher that the chance of gain in the short term. Little bear is saying "Capital Preservatiom" in my ear.

Here's the chart: I expanded the circle to the right to show more rounded top.
 
Looks like I'm going against the flow. A lot are still getting in for Christmas rally. Got to go with my spidey sense.:worried:
Sometimes it pays to be contrarian. :) Of course I'm 100% G right now and given my track record, I'm not good company to be with. :nuts:
 
Sometimes it pays to be contrarian. :) Of course I'm 100% G right now and given my track record, I'm not good company to be with. :nuts:

The people on the tracker may be seeing green with the inverse head and shoulders in blue. I think we need to go deeper to the red inverse head and shoulders to 1200ish. Little bear thinks we need to go deeper with the center dip being so big that we need bigger shoulders. I can be wrong and with a good FOMC message today the small one could happen. I stated that I was in the Capital Preservation mode which calls to being slightly bearish in my guesses.:worried:
 
So did you go 100% G? I don't see you on the recent IFT list.
Yes I did. Part of my decision making uses a premium service so I may have been blocked. I should have been first on the list today and if I could of do it yesterday, I would of saved 0.3%.:mad:
 
Well, it looks like it closed right below that. Good call on getting out.

Little Bear was right with the inverse H&S call also. The little channel I drew was good too. I just was lucky to be on the right side of the call.:D
 
Found a support line for you.:) If this breaks we are in gap fill. Little Bear is sweeping off the lilly pad for maybe a four day stay at least. I don't trust this line, but we did stop on it. There is a chance of going up here but the risk of continuing down is greater because of the gap. I hope for you guys that are in, we go back up to the top of this new channel. I'm not taking the risk.

Little Bull is looking for 1204ish but a little bit untrusting because it's between two gaps.

Here's the chart. I've taken off the big circle because you got the jest of it. Remember the little circle is where we complete the inverse H&S.

As always contrary ideas welcomed.
 
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