Bquat's Account Talk

[Bquat]

Bquat, first let me thank you for your contributions to the forum and the help you've been to me figuring all this stuff out! You're thread is one a a few that I look forward to. My question here: why did you do the analysis of the S&P 500 (C fund) and then decide to move to the S fund??? Other than its been doing better recently than the C? Couldn't you have done the same analysis on the W4500?

Thanks again for you input!Fish

I do the S fund because it seems more stable to me. I analize the C fund because I can. When I started charting you couldn't spread the S found out over 5 days so I couldn,t analyse it midterm or the time frame as a swing trader needs because of our IFT limit.

 

[cak165]

Looks like a market top to me, even the unemployment numbers are not as rosy as the blabbermouths in the media make them to be. BLS is playing games with labor participation rate, but the markets seem to be looking for any reason to move up so it might make sense for some not to fight the trend. However, I still think the fundamentals relating to Europe, over indebtedness here and abroad, and tensions in the middle east have not really subsided, they're just being ignored for the moment. I'm still 100% in G and don't mind missing the rally because one day will wake up to a major drop and it'll be carnage before we're able to pull out to safety.

 

[Bquat]

Looks like a market top to me, even the unemployment numbers are not as rosy as the blabbermouths in the media make them to be. BLS is playing games with labor participation rate, but the markets seem to be looking for any reason to move up so it might make sense for some not to fight the trend. However, I still think the fundamentals relating to Europe, over indebtedness here and abroad, and tensions in the middle east have not really subsided, they're just being ignored for the moment. I'm still 100% in G and don't mind missing the rally because one day will wake up to a major drop and it'll be carnage before we're able to pull out to safety.

You can be absolutly correct here. I just think some group is buying this market behind the scenes. Maybe QE3 with no press action. Each bearish indication has been proven false. Even a head and shoulder doesn't affect this market. It is being minipulated. Mom and pop should buy in soon and maybe there will be a big sell off. The Fed. and the news people will prop up the ecconimic news to reelect Obama. So this may be falsly bought market until election time. Just my paranoid opinion.

 

[Bquat]

Looks like a market top to me, even the unemployment numbers are not as rosy as the blabbermouths in the media make them to be. BLS is playing games with labor participation rate, but the markets seem to be looking for any reason to move up so it might make sense for some not to fight the trend. However, I still think the fundamentals relating to Europe, over indebtedness here and abroad, and tensions in the middle east have not really subsided, they're just being ignored for the moment. I'm still 100% in G and don't mind missing the rally because one day will wake up to a major drop and it'll be carnage before we're able to pull out to safety.

Forgot to thank you for posting a contrary opinion. The people's must be informed of the possibilities and the more risk for reward ratio. You can have a possibility to lose more while chasing gains. I'm just feeling risky today.

 

[Birchtree]

Shares usually bottom and begin a new bull market when the sense of disbelief is the greatest. Risk is what creates opportunity. When there is no perceived risk, there is no opportunity. The more confirmation one seeks, the less potential reward is left on the table. When the VIX gets to the 15 level be on guard.

 

[Bquat]

My IFT will stay 60S 40G.

 

[Mcqlives]

I'm with you...just hoping we didn't miss the bulk of it. As long as I get 2% out of the month I have made my goal. What is sad is that I had gone 60s 40i yesterday and then cancelled it just a few before the cutoff. Too much double guessing.

 

[A2Z1112]

This hurts getting in on such a big day up but I have been waiting for the pullback which has not come!!!! Reminds me a little of 2009 waiting and waiting! I agree with everything you have stated Bquat! I will enter today!!!

 

[Bquat]

I'm with you...just hoping we didn't miss the bulk of it. As long as I get 2% out of the month I have made my goal. What is sad is that I had gone 60s 40i yesterday and then cancelled it just a few before the cutoff. Too much double guessing.

Double guessing is a good way to protect one self. It's the double guessing that makes you make sure it's what you want to do. If I was in yesterday I might have seen the flag sooner.

 

[Birchtree]

The Dow P/E ratio of 12 = 13,200, a P/E ratio of 13 = 14,300. We are seeing valuations that are the lowest since prior to the great bull market beginning in August 1982. And how I remember that time period well. Corporate profits are holding their own.

 

[Bquat]

We'll support did hold. A good high base consolidation above it. No Friday sell off into the close. So we may be good for monday. My IFT is buying in at a high but I have bought in before in strength. Monday we'll tell. Only 60% exposed. Went back and found the next resistance points. Now Birch your massive bull market may begin.

 

[Bquat]

Woo Hoo I made it to 602.
Wait! I,m going the wrong way.
Monday will be another day and for now I go away.

 

[Bquat]

Hope the two day step continues.

 

[Birchtree]

I'm going to go do some buying now to help push the market up - get'em while they are still cheap.

 

[Bquat]

I will be staying in. 60S 40G

 

[Bquat]

I put the old channel lines back up to see what may happen. Notice the correction to the 13 day and the reentering of the channel. I hope the Bull continues.

 

[jkenjohnson]

I'm going to go do some buying now to help push the market up - get'em while they are still cheap.

Buy enough to push it up another 13% so I can reach my goal of 25% per year, and I will get out for the rest of the year.

 

[Bquat]

I'm going to go do some buying now to help push the market up - get'em while they are still cheap.

Yea I saw you buying all the way up the blue line.

Tomorrow you should pop this thing to a new level.

 

[Birchtree]

It would be fun to take out 1352 on turn around Tuesday - plenty of fresh air above 1370.

 

[Bquat]

That's your correction. That's all you get. So let's go!