Bquat's Account Talk

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Ok, here it is. I need this market to do what it needs to do. I need to get out of the pond soon. I have just drawn more out than I gained towards another year of retirement. So unless I gain another 1% this year, I will only project out to 86 instesd of 87 years of age. The kids will just have to come live with me.:D

Ok, I have 27 years to worry about that. This is a down year right guys?:)
 
PessOptimist said:
Bquat, I think you have it wrong. Alert the kids to prepare a place for you to live.:notrust:
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My house is great. The master bedroom and next largest room is almost the same size except for the 3/4 bath. The florida room and the living room is the same size, like having two living areas. It has 4 bedrooms and two car garage. My mother in law lives with us and the size of the house is almost perfect for an extended family. I just doubled the size of my work shop and it is big enought to share. They could live rent free for helping me or my wife. We had bought this house because of the extended family situation and we can become the ones needing care from the ones giving care. I got this house at the right time and got more than I could of thought of. I don't think any of my offspring will ever get the same oppertunity or luck by hitting the right age, the right 30 years of good economy and the recent low housing prices. The golden age is over and may not hit again for them. So I'll share my luck with them. I guess I could relocate if I have too. I hope I don't need help until they retire and come here or we find a better place but that will be hard to do.:)
 
Happy Trails said:
Good video - I think he sounds really frustrated and pissed off. Not a good mindset to be in for trading.
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He more monotone but really wanted to get the point across and seamed PO than concerned. Just remember more analyst you listen to the more confidence you get when they start agreeing or it can at least keep you on the right side of the fence when your in the capital preservation mode (retired).
 
Some thing has to give soon. 1140 holding and 1150 not on the way back up. Need to hold here or we break down. Some sellers must had stops at 1140 and we bounced. Still low base. Keep eyes open today we can break out soon. Me I'm negative.:(
 
Bquat said:
Some thing has to give soon. 1140 holding and 1150 not on the way back up. Need to hold here or we break down. Some sellers must had stops at 1140 and we bounced. Still low base. Keep eyes open today we can break out soon. Me I'm negative.:(
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Well with 3 lower highs, not being able to get to the top of the current channel, the bottom of the triangle broke and a possible forth test of the 1120, are you scared yet?:(

This is real bearish and selling off with everyone gone (market drifts up with low volume) for friday afternoon even more. I'm bearish 80/20 and if 1220 is broken before premarket Monday, look out.:worried:

The worry is for those that are in. Ok now wait for the market videos and check if they agree.

In the pond looking for company and hoping for the channel to hold for you guys.:)

Here an update of my simple chart and the bear flag. Is it still relevent?:confused:
 
Some good morning action here. Tested the 1121 area and bounced by computer buying when 1121 held. Went to 1140 area and it held so they sold off since there wasn't follow through. Now building low base near 1122. Can we break down? This was the forth test of 1120 area. If we can maintain the low base 1/2 hour we can go down which would be a break through of major support and look out.:(

Well, let's go get a cup of coffee and sit on our pads and watch the battle from the sidelines.:D
 
nnuut said:
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Three pads still avalible.:D

That 1120 area is surrre hard to break.:)
 
Bquat said:
Some good morning action here. Tested the 1121 area and bounced by computer buying when 1121 held. Went to 1140 area and it held so they sold off since there wasn't follow through. Now building low base near 1122. Can we break down? This was the forth test of 1120 area. If we can maintain the low base 1/2 hour we can go down which would be a break through of major support and look out.:(

Well, let's go get a cup of coffee and sit on our pads and watch the battle from the sidelines.:D
Click to expand...
Testing 1117...
 
Happy Trails said:
1100 - 1103 sounds correct. Tom Demark mentioned 1076 as an important area below that.
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I was just trying to call the rest stop for today.:(
!076 is weak support, I'm more for the 1050. Tonight I may go back and get my lower levels.:worried: for those in and suprized at those buying the dip when they should be selling peaks below 200 DMA.:confused:
 
Bquat said:
I was just trying to call the rest stop for today.:(
!076 is weak support, I'm more for the 1050. Tonight I may go back and get my lower levels.:worried: for those in and suprized at those buying the dip when they should be selling peaks below 200 DMA.:confused:
Click to expand...

1076 as weak support sounds right - that sounded like the minimum drop he was expecting.
 
Happy Trails said:
1100 - 1103 sounds correct. Tom Demark mentioned 1076 as an important area below that.
Click to expand...

You know he may be right because big money may have not sold yet because of a slow drift down. We may still gap down this afternoon or tomorrow.:worried:
 
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