Bquat's Account Talk

Still trying. Will it show it's colors before IFT time? Probably not. I'll wait for a few.
 
I guess I'm staying put. Was trying to wait but needed to let you know I'm staying in.:confused:
 
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Well my technical analysis isn't working. I was hoping for some gain today. The trend is still up but at a slower pace. Some say we are getting a flat top. Still, we had a higher high. I changed the color of the old channel so the 13 day comming up as support would blend in. It should help shore up the bottom of the channel. I have been using the 13 day as maybe my exit point because any correction would have to be about 2% or better to break it. I also added the litle white channel just to make me feel happy I stayed in. Well even though I'm a Republican, I would love the Presidential Protection Team to continue to help us go up. The Republicans need to go positive and help to heal the ecconomy ( also get good credit for it ) before it fixes itself through the normal business cycle. Anybody that can help employ more people the better.

So let's go up from here and help everybody. You likey my new chart, yes?:D
 
Sports: Wow that's exellent finacial news.:rolleyes: Good bye.
Not sure where you are going with this; however, I have been learning a great deal from your charts and commentary. I never really followed charts too closely before arriving at this site. Although, I am mostly a silent observer, I too have much on my mind but little time share. Thanks for sharing your thoughts.
 
Bquat,
In today's education you mentioned the makings of "Flat Top" & I can see it on the charts ....... what does a "flat top" imply or indicate?
 
Not sure where you are going with this; however, I have been learning a great deal from your charts and commentary. I never really followed charts too closely before arriving at this site. Although, I am mostly a silent observer, I too have much on my mind but little time share. Thanks for sharing your thoughts.
I was a little upset that Tom's news feed was taking over the new posts.
 
Bquat - did you forget to logout and someone hijacked your thread? Wassup?
No my thread is fine. I was complaining about spam in the new post area. I was trying to get across that if I wanted a news feed, I could set my email for one. Also business news may be ok but sports and headlines have nothing to do with finance. They may be ok on weekends. Also JMO, Headline news and CNN overly push stories and sometimes seem to over speculate and amplify for effect. I also feel this is spamming because can't we figure out how to get news on our own if we wanted it. I'm just ranting. I glad you guys posted to keep my thread on the first page.
 
Yeh, the news thing is a little annoying. We all are awaiting your response about the flat top. That was a hair style popular in the 50-60s right?
 
Bquat,
In today's education you mentioned the makings of "Flat Top" & I can see it on the charts ....... what does a "flat top" imply or indicate?
The say is that flat tops cause big drops. After everyone starts watching and getting into stocks because they think well make a move up to a new level there is a campituation and mass exit as everyone gets disappointed by trying for several days to break the level. The more time at the top without making it to a new level increases the fear of not making it. So many keep justifying staying (as I am now) in because the more trys can break resistance and many think the trend will continue up with each try.More enter as the high base shows strength and the ball drops. O well I hope you can figure out what I'm trying to say. Ok if it don,t break soon there will be a mass exit and profit taking.
 
Perfect, BQ. Thanks for having a sense of humor, but you didn't comment on the hair style.

Good luck and thanks for your insights.

PO
 
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