Bquat's Account Talk

[FAB1]

How do you like this new look on the forum? Im getting used to it.

 

[Bquat]

How do you like this new look on the forum? Im getting used to it.

How do you find todays posts? I had to go through members account talk.

 

[JTH]

How do you find todays posts? I had to go through members account talk.

Click on the 'new post' link in the far left upper corner.

 

[Bquat]

Looks like a low base forming before we continue lower to the bottom of the channel ( 1304ish ). What do you think?

 

[Bquat]

Looks like a low base forming before we continue lower to the bottom of the channel ( 1304ish ). What do you think?

1304 - 1295ish

 

[Bquat]

1315 lower high? Just bumping me back on first page.

 

[Bquat]

Hope we don't get an intraday double top at 1307 and set a lower high for you guys getting in. It would be a better buying point if we go down again but down again tomorrow wouldn't be nice.

 

[Bquat]

Well maybe an up day today. I was hoping for a jump above 1300 to give us a good jump on the upside. Today Bullish 60/40
I had a peek at futhurs and hope it starts us up.

http://www.bloomberg.com/markets/stocks/futures/

Good luck for us that are in.

 

[Bquat]

Would love to see that 1290ish hold in the next ten minutes.

 

[Bquat]

Ok, let's see 1282 hold again and go back up now yes.

 

[Bquat]

Ok, let's see 1282 hold again and go back up now yes.

For today let's say: 1274

 

[KevinD]

I'll be happy if the 200ma/ema's hold...

 

[Bquat]

1258 to 1255 possible bounce and possible double bottom at 1250. I hope it turns before these but a double bottom may bring the bull and return to a bullish trend. Stil in and holding.:worried:

 

[JTH]

Have you considered a test of 1200? It looks great on the 8-day charts.

View attachment 14145

 

[Bquat]

No, I was just looking at the 1250 touch before the last rise and was hoping it would be a logical place to get a change back up and also a place to get out if it didn't hold. 1200 is possible but I don't want to think about that and hope to bounce or get out befor it.:worried:

 

[Bquat]

Would be nice to get back to 1276 and set a higher high today.

 

[Birchtree]

SPX 1230 is a 10% correction - we're not going there. Since 1940 there has never been more than one 10% (or more) correction in an ongoing bull market. As a speculation, a blow off spike top to 1400 would be welcomed.

 

[Bquat]

I was hoping for a Birchism. Sometime it's the push I need.

 

[JTH]

SPX 1230 is a 10% correction - we're not going there. Since 1940 there has never been more than one 10% (or more) correction in an ongoing bull market. As a speculation, a blow off spike top to 1400 would be welcomed.

If that were true, then that means that the 2nd 10% correction turns into a bear market.

 

[amoeba]

no 1,276; no holding of 200 ema; no 1,282; or 1,290; or 1,300; or 1,304.

But your 1,255 seems to be looking good. I dunno about JTH's 1,200; I have heard as low as 1,130......

Personally - I think sellers are on the sidelines today; and the market did not buy - - - and that with a decline on the euro/$. Not a good sign for tomorrow.....but who knows? We'll see how the econ data come out, beginning tomorrow, what the Q2 earnings look like, starting with Alcoa soon.....go from there. IF bernanke is right - and this is a "soft patch" linked to the tsunami - (and not something else like a "look out below" without the usual stimulus safety net) - then this could be a medium term buying opportunity with continued listlessness - or a sell on a big daily pop on news/surprise.