Bquat's Account Talk

Got to go. I have to get mom positioned in the bed and the tv to the channel she wants. Wife will take over when I go bowling. She has been having better days lately. Mom that is.
 
The reason I'm staying a little bullish right now is: Since I redrew my moving averages to 5, 13, and 20 traiding days I've noticed the 13 day as an swing trade indicator to exit and we're not even near it. I think someone else has mentioned in the past about using it. Am I getting too bullish here? What do you guys think. I'm just 50% in S.
 
I have 50% in the C fund. I would feel more comfy if sp500 would punch, and stay, above 1300. Thanks for your charts.
Thank you. I see resistance becoming support. I don't know if we can break this level but we might set a new high hopfully and it's bullish setting a higher low without touching the channel bottom. It would be fantastic setting an intra day new high without gapping to it. This can show strength and maybe shorts will cover. Maybe I better go make coffee? Mom is sleeping in this morning so I might have time to watch.:)
 
That was a really nice bounce off 1300 we just had. Hopefully today it stays above!

Thanks for continuing to post all the charts and fill in the lines. Very helpful.

Hope your mother in-law continues to be comfortable at home. At the end of 2011 I lost two close family members to cancer, difficult. With the help of many good friends to tend while I had to work I managed to keep one at home; I was very grateful for that opportunity. It's hard work but absolutely worthwhile.
 
That was a really nice bounce off 1300 we just had. Hopefully today it stays above!

Thanks for continuing to post all the charts and fill in the lines. Very helpful.

Hope your mother in-law continues to be comfortable at home. At the end of 2011 I lost two close family members to cancer, difficult. With the help of many good friends to tend while I had to work I managed to keep one at home; I was very grateful for that opportunity. It's hard work but absolutely worthwhile.
Thanks, I'm so glad I retired early and can be with her. Good day today so I got to come back to computer. Real justace or something is on so she's short term happy. She's bullish today.:D
 
Bull flag worked. New High. Some good calls today. Bullish movement. Will the wall of worry continue?:)
All we need now is shorts to cover. At 673 on the tracket any plus is needed.
 
Wow, yesterdays movement was different. In stead of completing the move to the bottom of the channel we went up. Also instead of a big move to the top of the channel and consolidating after the fact, we moved down first and then did a move up, tested the new level and went up some more. Is this more people getting in thinking they miss the upside just befor the fall. I don't know but it's possible. Didn't really see a short covering move so they probly think were toppy. Well, were at the top of the channel and look a little more bullish. So we'll watch for the breakout or not and hopefully we can see direction before IFT time.

Mom up already and today seems to be a good day. I'll be back.
 
The SPX level of 1320 is close at hand. A break above that with a successful retest, and the bulls can safely say we're in a bull market. Go Newt.
 
The SPX level of 1320 is close at hand. A break above that with a successful retest, and the bulls can safely say we're in a bull market. Go Newt.
Thanks Birch, I was just going to look for my account and you broght it back to the first page.:D
 
Well, I'm bullish but not going to add to my 50% S because of the closeness of the purple line. The top of my trading range. If we can break it I will reconsider. I really like how we went back in the channel double bottomed and was able to break out of the channel again.:) Capital Preservation and the purple line is pretty much what is holding me back. 1320 top is the $6000.00 question. Staying in.:)
 
Well, I'm bullish but not going to add to my 50% S because of the closeness of the purple line. The top of my trading range. If we can break it I will reconsider. I really like how we went back in the channel double bottomed and was able to break out of the channel again.:) Capital Preservation and the purple line is pretty much what is holding me back. 1320 top is the $6000.00 question. Staying in.:)

Agreed. The nice thing is the channel is fairly wide so if we have a downturn there is a chance for a bounce around 1302. Wish I was there with you but I'll catch the next run up!
 
I was in an appointment trying to watch how things played out and noon came and gone so I am stuck 100% S Fund. I see a lot of people moving in though so maybe it is a good sign that I could be safe where I am (I hope).
 
I was in an appointment trying to watch how things played out and noon came and gone so I am stuck 100% S Fund. I see a lot of people moving in though so maybe it is a good sign that I could be safe where I am (I hope).
I feel good about staying in. Just a heads up though. I would like to cool off a little here and build more support before hitting the purple line because of what happened with the hit of the blue line. We are bullish but need to keep eyes open tomorrow. Just a heads up for the risk involved and I'm only 50% exposed. I went back to see if a quick bullish move was good. The purple line can act like a magnet and change polarity when touched the first time and repeal.
 
I feel good about staying in. Just a heads up though. I would like to cool off a little here and build more support before hitting the purple line because of what happened with the hit of the blue line. We are bullish but need to keep eyes open tomorrow. Just a heads up for the risk involved and I'm only 50% exposed. I went back to see if a quick bullish move was good. The purple line can act like a magnet and change polarity when touched the first time and repeal.
Darn, even the market reads me.:D
 
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