Bquat's Account Talk

[Bquat]

I decided that I should redraw the Midterm from the top to include the last green candle::cheesy:

 

[Bquat]

It's been awhile since I have seen a one percent drop in futures after a big drop during the day.I will look for where my 50 day is to see why the dip wasn't brought.

 

[Bquat]

It's been awhile since I have seen a one percent drop in futures after a big drop during the day.I will look for where my 50 day is to see why the dip wasn't brought.

Another gap is filled. We are still embedded to the downside and now below my 50 Day.:worried: At least we're getting a bottom tail that shows this dip is getting bought. The longterm channel has become mute both going up and going down so I think I might remove it. I am still waiting until after the Senate vote before changing my allocation::suspicious:

 

[bleeck]

The Senate vote on stimulus?

 

[Bquat]

The Senate vote on stimulus?

yes and it might happen tonight.

 

[Bquat]

Looks like a failed move to get back up to the 50 Day::worried:

 

[joblin20]

Can't decide if I should bail to the g fund. It's so early in the month and can rally. I don't want to miss rebound

 

[Bquat]

Can't decide if I should bail to the g fund. It's so early in the month and can rally. I don't want to miss rebound

Don't know what to tell you. We are at the 10 percent correction.

 

[Bquat]

Is this the one's that have the money to do investments ie: $80,000 plus not getting free money or the fear that the stimulus will cause inflation. Just wondering :suspicious:

 

[Bquat]

The good news is we got a double bottom and completed the 10% correction. Several bad news:
I was in for this 50%, below the longterm channel and the 50 Day held as resistance.
I drew in a dead Cat Bounce in for you. I have it a little higher because of the bigger candles::cheesy:

 

[Bquat]

Holy hell Batman! "pow" This is looking bad. I have decided to stay 50S/50G because we are close to support and 100 Day test::notrust:

 

[eastj]

Thank you Bquat, first time poster here. I'm in a similar boat 40/60. Thinking I will stay just one more day (which is what I said every day this week...lol). Definitely a lot of selling going on but hoping for a decent bounce on Monday.

 

[Bquat]

Wouldn't you believe it. The double bottom is confirmed again right at our deadline::suspicious:

 

[FAAM]

Confirmed double-bottom - at our deadline... figures. DARN you TSP wayyy-tooo-earlyyyyyy deadline!! I pulled about 80% of my TSP back to G today... want to withdraw that NOW, but NOOOOOOOOOOOO. Maybe do 2nd IFT to pop-back in tomorrow (Monday)?

 

[retread]

I'm curious. Does the Smart money or whoever throws the buy/sell switches for the day know about us TSPers? Are we big enough to be on their radar and do they watch or react to what we do? Every day this week around 1030 to noon it looked like things were holding steady or trending up, right when we have to make our decision, only to be killed in the afternoon. Or am I just being paranoid. lol

 

[Bquat]

Wouldn't you believe it. The double bottom is confirmed again right at our deadline::suspicious:

Getting back above the double bottom continued buying into the close. I don't know why Tradingview.com doesn't show the buying into the close but I got +1.56 that was enough to get us back into the channel and over my Dead Cat Bounce line. Still embedded to the downside but that's on hell of a bottom tail. So I drew in the afternoon candle:

 

[Bquat]

Staying 50S/50G and almost back to my entry. Unembedding and testing my 50 Day from below. Watching 50 Day test results before any move and waiting for house decision on stimulus.:blink:

 

[Bquat]

Staying 50S/50G and almost back to my entry. Unembedding and testing my 50 Day from below. Watching 50 Day test results before any move and waiting for house decision on stimulus.:blink:

Above my entry again.:smile: Looking for the top of the longterm channel to be confirmed. Is this a pre-vote move?:suspicious: Yesterday we tried to unembed and failed post decision time. I'm staying the same allocation for things to settle a little:

 

[LTJPFED]

Well according to Ira that 18 day is like a magnet and so heading to it could we see the pros sell say maybe the 2135-2140 area and then push things back down to the lower BB? I guess we could see it push through and test the top of the range, that would be optimal. Unembedding is key though. I'm still learning this stuff so if I misspeak I apologize.

 

[Bquat]

Testing the 18 day as resistance. Looking a little like a F flag. Could be buying the pre-vote::blink: