Bquat's Account Talk

[Whipsaw]

That's where I was at, held in the C fund though. Don't think it's a blow off top, it should keep going - I just can't see the S-Train continuing to run at this rate. Gimme a dip! :cheesy:

I had to open my mouth!

 

[Bquat]

What a difference a day makes. By Whipsaw Wednesday, I expected the dip to be bought back to the top and not the top (top tail) to be sold. I may change the New Channel to Midterm Channel if we don't get back above the Longterm. So from overly bullish to neutral just like that. Chart:

 

[Bquat]

Weakness is continuing and I am concerned about the topping tails. Thinking??? Could this just be a bullish pull back? Some were asking for a dip to buy in. Waiting another day. I am second guessing about deploying my parachute because this is just a little selloff. :blink:

 

[FAAM]

Thx BQ... as always for posting charts & thoughts! I waded into CSI a bit more hoping for a 3-day pop... ended up buying high, took the pop=down hit(s). So, I'm doing a "half parachute" (hmm, sounds bad) IFTing half my CSI back to G today -- since I'll be going on 3-week vacation shortly and don't want to worry or try to keep up; cutting my losses some yet hoping for overall continued bullishness as well... still have tomorrow morning if I feel need to pull more to G with 4th IFT (hmmm).

 

[TommyIV]

Still have tomorrow morning if I feel need to pull more to G with 4th IFT (hmmm).

Which would most likely provoke you to move more to the G-fund tomorrow? A morning rally or a morning pull-back. To lock in gains or protect capital?

 

[Bquat]

Hi, it's me the guy who didn't take his own exit advice. :embarrest: So, going with this Bull Flag idea. Some guess lines and some hope lines. I don't know yet what to do. :blink:

 

[Whipsaw]

It's interesting how the S-Fund popped and dropped, and the C-Fund just dropped... :thinking:

 

[Bquat]

Exit 100 G Chart: :worried:

 

[Bquat]

Now it will probably go 180.

 

[Bquat]

Ok, what happened is I just felt a Spidey sense and didn't want to be in over the weekend. I may even get out where yesterday's exit would have been. :cheesy:

 

[tsptalk]

Yes, it could be an interesting weekend. The market may be happier once the uncertainty in the DNC gets straightened out, but until then... :smashfreakB:

 

[Bquat]

Internet here was down until just now because of IT blunder. Well, I got out 1.5 % lower than my parachute line:

 

[Bquat]

I did exit because I was worried about following the market down a third time. I just got a bad sense about things. I may have exited in haste. Oh well it happens. Is this a bull flag or is today a topping Doji? Chart: :blink:

 

[Bquat]

I am looking bad, but I fill safe. :cheesy:

 

[Bquat]

Well, less than 2% gain after my exit. Not looking like a strong move yet. Chart: :cheesy:

 

[felixthecat]

Well, less than 2% gain after my exit. Not looking like a strong move yet. Chart: :cheesy:

At least you will not get clobbered today.

 

[Bquat]

Well, less than 2% gain after my exit. Not looking like a strong move yet. Chart: :cheesy:

Now looking weaker. Chart::blink:

 

[Bquat]

So, are the Fed's talking point of dropping rates no matter what for September now moot with the campaign reset? Just a question. :cheesy:

 

[Bquat]

I don't know what happened today, but I look good now. We are right at the gaps I was trying to avoid. Had to redraw the higher highs to get my Longterm in and redrew my Midterm because of the larger negative candle. Redraw Chart: :worried:

 

[Bquat]

Market looking better with GDP number and top of gap acting like support. Isn't better than expected GDP number bad for rate cuts? Chart: