Bquat's Account Talk

Sort by newest Sort by date
Here's a longer term chart. The orange line doesn't represent the 13 day here but it does show we go bearish under it. Hope the monthly in the last chart holds.(white Line)
 
1303ish is a resistance again, 13 day acting like resistance and market is trying to find new support but inching down. If the bulls give up, they'll have to retry at 1290 or the 2nd fib at 1282. Hang on guys I becoming more happy Spidey got me out. He may have got me out a few days early but he still may save me.:D
 
Sorry to hear you have been having a rough time with your mom. Don't worry about the posting even though we all look forward to it...family at home is much more than important than this sites "family" of investors.

As for the markets, 1302 fell early but is now holding on. This could lead to your 1292 being hit harder if/when we go down farther. I, personally, would like to see 1265 hit sooner rather than later.
 
Mcqlives said:
Sorry to hear you have been having a rough time with your mom. Don't worry about the posting even though we all look forward to it...family at home is much more than important than this sites "family" of investors.

As for the markets, 1302 fell early but is now holding on. This could lead to your 1292 being hit harder if/when we go down farther. I, personally, would like to see 1265 hit sooner rather than later.
Click to expand...
Halmark channel has been helping me out.:)
0500 I love Lucy.
0700 Golden girls. Clears me for market open sometimes.
She loved Law and Order before, but now we have to look out she thinks it's real and want us to call police. Got to love her.
 
Mom time. If it were me I woulden't go in until a bounce and next day confirmation. Another lower high can be set. See you good luck. Here's a possible Bearish channel.
 
I'm back. Looks like I have a lot of reading to do.:)

If the light red line that was support acts like resistance, we'll set another lower high with the lower low today.:(

I redrew the channel bottom to give bulls a chance to reenter it. I kinda think they won't.

Here's some quick charts:
 
Bquat said:
I'm back. Looks like I have a lot of reading to do.:)

If the light red line that was support acts like resistance, we'll set another lower high with the lower low today.:(

I redrew the channel bottom to give bulls a chance to reenter it. I kinda think they won't.

Here's some quick charts:
Click to expand...

Let's see what the morning brings. It would be normal (for this market) for the 1300-1302 to have been it with a short term rise before another retest, and possible breakdown, of 1300. Timing is everything.

Hope you guys have a great night!
 
We'll did my head and shoulder come early? Was their a test of the base line.:( This is real bearish' isn't it. Weset another lower high and failed to reenter the channel. I cleaned up my atachments and maybe too much.:o

Here I post the head and shoulder and todays action. I may try to restore a couple of charts.:)
 
I did try to get into the top 500 so I could be an above average guesser.:D Got to go for a few.
 
Bquat said:
We'll did my head and shoulder come early? Was their a test of the base line.:( This is real bearish' isn't it. Weset another lower high and failed to reenter the channel. I cleaned up my atachments and maybe too much.:o

Here I post the head and shoulder and todays action. I may try to restore a couple of charts.:)
Click to expand...

I just read through Daneric's blog and thought you might get a kick out of his bullish/bearish. 1351 would be nice but your charts sure have the intraday third of a third well depicted!

BULLISH CASE:...Since wave v should finish higher in price than wave iii (1333 SPX), then our updated wave v target range is 1334 - 1351 SPX.
​
​
BEARISH CASE:
​
The best bearish case is that a series of "ones and twos" has traced out and tomorrow/Wednesday will see a breakaway down hard beneath 1300 SPX support in a "third of a third" wave down. In other words, if it happens, you'll know it when you see it. This is the best bearish alternate count at the moment.
​
 
Sorry for the late post. This mornings action is maybe a bull trap and will show up a maybe a topping tail candle stick. I'm still slightly bearish and don't know if this is a shoulder for a H&S pattern. I am slightly toward the dark side :( and in Capital Preservation mode. You Bulls give them the other side. I would love a correction before a February move.
Ok hopefully I have some time to read other posts.
 
Mcqlives said:
I just read through Daneric's blog and thought you might get a kick out of his bullish/bearish. 1351 would be nice but your charts sure have the intraday third of a third well depicted!

BULLISH CASE:...Since wave v should finish higher in price than wave iii (1333 SPX), then our updated wave v target range is 1334 - 1351 SPX.

BEARISH CASE:

The best bearish case is that a series of "ones and twos" has traced out and tomorrow/Wednesday will see a breakaway down hard beneath 1300 SPX support in a "third of a third" wave down. In other words, if it happens, you'll know it when you see it. This is the best bearish alternate count at the moment.
​
Click to expand...
" your charts sure have the intraday third of a third well depicted!" your are just trying to make me feel good.:D
Anything that supports my guesses help me from second guessing. I use Little Bull for second guessing. Him scared. And again thinks.
 
Well Little Bear had his victory but not as much as he wanted. I guess the market is being bought at the 13 day. I redrew the channel less bearish but we still have a negative short term trend. I guess maybe a less negative bias is called for. We'll see. Hope we can see a call on direction tomorrow because we have new IFT's.:) Will look at the videos tonight to see if the topping tail did develope. Can't watch or review as much as I need to but being out I can watch mom and miss losses.:D Here's a quick cleaned up chart. I'm glad more and more are charting and seeing different things. Keep informed and keep in the green.:D
 
Birchtree said:
That's a pretty blog - but it's from Minyanville. So it will always lean bearish.
Click to expand...

Thanks, Birch. I had not gone back in the blog very far but I see what you mean. I have been of a similar mind set to his postings over the past couple of weeks so I may have been unfairly favorable towards him. I'll try to keep hearing your "snorts" when I read his posts;)
 
The bulls are buying the dips but I still think the Bears are winning. Even with a higher high today it was short lived because we still went back down. If we break the support line I have in blue the market may turn bearish. We are coiling up between the top of the white channel and the blue support line. I leaning toward it breaking toward the down side because we are at the top of a run. I'll probly be wrong because the wall of worry continues. Even thought I'm only 50G and 50F, I'm still making so gains and have moved into the top 500. So the market must be going down still ever so slightly.

I think I wait and watch for a move above 1332ish or higher. I'm looking for a break above the high peak before moving. Still a little bearish.:(
 
Mcqlives said:
Thanks, Birch. I had not gone back in the blog very far but I see what you mean. I have been of a similar mind set to his postings over the past couple of weeks so I may have been unfairly favorable towards him. I'll try to keep hearing your "snorts" when I read his posts;)
Click to expand...
I like the bearishness for capitol preservation.:)
 
You must log in or register to reply here.

Similar threads

tsptalk
September 2025 AutoTracker Winners!
Replies
2
Views
436
nasa1974
nasa1974
RevShark
  • Article Article
RevShark's Traditional Thanksgiving Post 2024
Replies
2
Views
762
nasa1974
nasa1974
UNIX84
UNIX84 Account Talk
Replies
15
Views
3K
UNIX84
UNIX84
JTH
Speculation: When Border Security Becomes Domestic Power
Replies
1
Views
209
tsptalk
tsptalk
tsptalk
  • Article Article
When traders become buy and holders
Replies
1
Views
441
JTH
JTH
Back
Top