Bquat's Account Talk

[SteelSaving]

Thanks for the info!

 

[Bquat]

Are you guys nervious by the short term?

 

[Bquat]

The S&P is still forming a low base (Bearish) and now forming a triangle with lower highs and higher lows. No one really gaining here if they were in before 8 Aug 11 and there's more of a chance of a loss (especially with 1190 or 1208 not being broke by Fed news). There is normally a good size breakout either way and I feel there is a 60/40 chance of breaking to the down side. JMHO:worried:

Just giving a heads up, I could be wrong and I'm still in the pond.

 

[Bquat]

Wow Uptrend drew it up nicer while I was doing this. I type slow and use the two finger technique.

 

[Bquat]

Well, guys here I am again not being able to sit at the computer to long. I healed enought so the doctor could go in again and get the remaining kidney stones. He found a 4, 3, and 2 mm. Little buddy a little sore but no cathader this time. Still have the stent that he'll take out in two weeks. Since I can't actively watch the market or post video analysis, I'll pretty much be a frog in the G pond recuperating on my lilly.
Good luck guys.

 

[RealMoneyIssues]

Well, guys here I am again not being able to sit at the computer to long. I healed enought so the doctor could go in again and get the remaining kidney stones. He found a 4, 3, and 2 mm. Little buddy a little sore but no cathader this time. Still have the stent that he'll take out in two weeks. Since I can't actively watch the market or post video analysis, I'll pretty much be a frog in the G pond recuperating on my lilly.
Good luck guys.

Glad to hear you are doing ok. Heal Well !!!

 

[Intrepid_Timer]

Well, guys here I am again not being able to sit at the computer to long. I healed enought so the doctor could go in again and get the remaining kidney stones. He found a 4, 3, and 2 mm. Little buddy a little sore but no cathader this time. Still have the stent that he'll take out in two weeks. Since I can't actively watch the market or post video analysis, I'll pretty much be a frog in the G pond recuperating on my lilly.
Good luck guys.

Hang in there and feel better soon! Hopefully next time you have to go, you'll be able to Pquat!!

 

[Mcqlives]

Get better soon. I missed the bounce, should have gotten in, but I think it is about run its course and a retraction will happen quickly. With you on the pad.

 

[Bquat]

Thanks guys, I think I'm healing faster this time around at least I have a large sitting pillow. More prepared second time around.

http://www.tsptalk.com/mb/attachment.php?attachmentid=15196&d=1314921256

Might be lucky again being out if it goes down for the shoulder and then enter.

 

[JTH]

Of the top 100 on the Auto tracker, they have a 75% allocation in the G/F Funds, thats VERY high and so not the norm. This is highly reflective of the what the real world looks like, there is a crap-load of money sitting on the sidelines. Bottom line, we are poised for the biggest rally in the history of the world... (That was for Birchtree)

 

[jpcavin]

Of the top 100 on the Auto tracker, they have a 75% allocation in the G/F Funds, thats VERY high and so not the norm. This is highly reflective of the what the real world looks like, there is a crap-load of money sitting on the sidelines. Bottom line, we are poised for the biggest rally in the history of the world... (That was for Birchtree)

Just for a brief second, I thought I was reading from Birchtree's Account Talk.

 

[jpcavin]

Glad you're still able to stay in touch. Hope you get to feeling better with each passing day.

 

[Bquat]

Glad you're still able to stay in touch. Hope you get to feeling better with each passing day.

Thanks and Birch does post here.

 

[Bquat]

With the breaking of 1208, which was a strong support, I think we maybe can go down to 1157, another strong support level. I may be looking for a entry there and as always I'll be watching the slope going down to assess risk.

What do you guys think?

Well I feel good enough to go for breakfast. Be back soon and thanks for visiting. Still pondering from the pond.

 

[Happy_Trails]

With the breaking of 1208, which was a strong support, I think we maybe can go down to 1157, another strong support level. I may be looking for a entry there and as always I'll be watching the slope going down to assess risk.

What do you guys think?

Well I feel good enough to go for breakfast. Be back soon and thanks for visiting. Still pondering from the pond.

HI Bquat,

Over the last few weeks, I really learned a lot about myself as an investor and I think that your approach, ie, better to avoid a big losses, even if it means missing a 2-3% short-term gain, makes lots of sense. With our limited IFTs, a cautious, thoughtful approach is warranted. I don't know if 1157 is the right entry point but I do know that I like the way you approach investing.

 

[Bquat]

HI Bquat,

Over the last few weeks, I really learned a lot about myself as an investor and I think that your approach, ie, better to avoid a big losses, even if it means missing a 2-3% short-term gain, makes lots of sense. With our limited IFTs, a cautious, thoughtful approach is warranted. I don't know if 1157 is the right entry point but I do know that I like the way you approach investing.

Thanks. Some are calling for 1140 but I want a turn at 1157 so we can recapture the 1208 quicker and fight the 1230 level. I hoping the right shoulder of the inverse head and shoulders develops in transports which will lead us to gains I hope.

 

[Mcqlives]

Thanks. Some are calling for 1140 but I want a turn at 1157 so we can recapture the 1208 quicker and fight the 1230 level. I hoping the right shoulder of the inverse head and shoulders develops in transports which will lead us to gains I hope.

Glad your up and at it. 1157 is a good number to look at but I would rather see the 1140 mark with a period of consolidation before a rally. This would give a higher probability of a run up to the high 12's and maybe even 1300 before another consolidation.

I wish I had listened to myself back on the 22nd and gotten in for that week. I could have made some nice ching. But oh well...better profits to come!!!

 

[Bquat]

Glad your up and at it. 1157 is a good number to look at but I would rather see the 1140 mark with a period of consolidation before a rally. This would give a higher probability of a run up to the high 12's and maybe even 1300 before another consolidation.

I wish I had listened to myself back on the 22nd and gotten in for that week. I could have made some nice ching. But oh well...better profits to come!!!

Ok you convinced me, I'll go with 1120 as a turning point and up to 1208 how's that or 1120 to 980 if bear flag is good. Nice place to watch.

Little bearish to 1120ish. Sitting on my pillow, on the lilly in the pond, pondering.

Here's simple chart. What you guys think?

Me myself I want H&S or bestest a failed bear flag.

 

[Bquat]

Wow, last two trading days big money has be taking out profits during the futures before the market even opens. Low base building at 1145 S&P. Me I'm still looking for 1120 and it might make it today. Downward pace is increasing and I might not use 1120 as a entry. Looks more like the bear flag my be true and we may go down a lot more.

Keeps your eyes open. We are confirming a downward trend with lower highs and lower lows and with this low base forming, we may go down even more today. This little frog won't by dips in a weak marker. 1145 area is support and may become resistance if broken again today.

 

[Mcqlives]

Wow, last two trading days big money has be taking out profits during the futures before the market even opens. Low base building at 1145 S&P. Me I'm still looking for 1120 and it might make it today. Downward pace is increasing and I might not use 1120 as a entry. Looks more like the bear flag my be true and we may go down a lot more.

Keeps your eyes open. We are confirming a downward trend with lower highs and lower lows and with this low base forming, we may go down even more today. This little frog won't by dips in a weak marker. 1145 area is support and may become resistance if broken again today.

1140 was hit and with a solid run up since then. The indicators have changed a lot during the past week and I don't like them at all. I think we will see a lower high either today or tomorrow (maybe 1204 or 1210) and then a sell off back down to at least 1120...and I fear that 1120 will not hold this time. As always I am watching what the power players on here do and hoping for some magic insight but, for now, I am sitting on the lilly pad.

Hope you are sitting better!