Bquat's Account Talk

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It stays on as long as you don't log out, close your Browser or you time out and are automatically logged out, I think?:laugh:
 
Bquat said:
In the pdf chart of the S&P that I have shows that we should go bullish from here. Des is concerned about the green line and what has happened in the short time frame. He says that the pattern he recognizes can cause people to lose money chasing big gains after this pattern. It looks like a repeating pattern between the black dashes to me. Here's his link.

http://freeonlinetradingeducation.com/

By the repeating pattern, the day after the black dashes in a big gain. I have to watch for this before my buy in because I'll be chasing the bull and miss 2/3 of the move and have more risk. I have wanted to follow this pattern and may do so. Since I don't have and appointment until 1200 ET, I will watch the market until 0930 my time and chose to get in or not.

So 60/40 bullish.:) With an eye open.

What you think?
Click to expand...
I went ahead and got in buying the weakness and looking for a bounce Monday after the red dotted line is touched.
 
Bquat said:
I went ahead and got in buying the weakness and looking for a bounce Monday after the red dotted line is touched.
Click to expand...

Gapped slightly below the red dotted line, came up above it and retested it. So what's the hold up let's go.:)
 
Happy with todays action after hitting 1318. I hope that was close enought to 1310 because we built strength from there. I like how we slowly built. Is this the bullish move we needed. I think so.

so bullish 55/45:)
 
They were down last night and the night before as I remember I check them every night. Full Moon?:)
 
That too, the 13th appears to have been about flat. I was looking for intra day charts but couldn't find any at the time of the post. Still up this morning, where's my COFFEE?:confused:
 
Third cup for me!:blink: anxiety.gif
Up this morning, Oil rising, Dollar Rising, Market going up OH Contra?
Three down 1 UP?
 
nnuut said:
Third cup for me!:blink: View attachment 11092
Up this morning, Oil rising, Dollar Rising, Market going up OH Contra?
Three down 1 UP?
Click to expand...

There I poured you one and I'll let it cool till you can drink it.

Wouldn't it be great for both the dollar and the market rise. Then both will be worth more. Even though stocks go up and the dollar value drops, it's still not really that much of a gain because the dollars you get for it is of lower value. But we can't have both worlds right now, so wish for a weaker dollar so we can get higher in the market.:)
 
It can turn around and probably will but the transition will be tough, I like a strong dollar, right now the FED is keeping it and interest rates down to improve the economy giving away dollars right and left at bargain prices. SCARY!:eek:
 
I'm happy with todays movement, even more so with the high base forming. Small battle coming up to get to 1341-1343, an even greater battle for the 1348-52 area and a possible double top at 1358 looking at the S&P over 1 month.This is a bull flag and I hope we can get new highs.

Slightly bullish for tomorrow hoping for more gains.55\45 bullish:)
 
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