Bquat's Account Talk

[Mapper]

Was just stopping by to comment on the good looking half pipe we're putting in...you beat me to it :nuts:

 

[Bquat]

Was just stopping by to comment on the good looking half pipe we're putting in...you beat me to it :nuts:

Yea but it sure would looked better if I captured it before it made the up move. If I hade caught it while the handle was forming, I would of looked impressive. I didn't think the move would happen so quick.

 

[Bquat]

Still seeing the importance of the 1% bar. You can almost see the daily move by using it.:suspicious:

 

[FAB1]

Still seeing the importance of the 1% bar. You can almost see the daily move by using it.:suspicious:

Can yall splain this is layman terms?

 

[Bquat]

Can yall splain this is layman terms?

Yes I can. The gaps up and down in the mornings are almost exactly 1% with a slight movement afterwards by people following.The moves up or down after the gaps are approximately 1% also the next day. Each daily move is 1%. I was showing this with 1% bars next to the moves. Even today was 1% down and 1% back up. Maybe a 1% gap up tomorrow with a little sideways consolidation and then a 1% drift up to resistance the next day.

 

[Bquat]

Little Bull is bullish today. He says we'll go up to the green line in the next few days.
Little Bear is in snore mode and we don't even want to wake him up.
I myself is looking for a gap up today (1% probably), a drift sideways with an incline up (1/2%) on Monday to confirm the uptrend and on Tuesday shorts covering and a new high (another 1% and a little more).

This chart is a little marked up and I'll clean in up for today's action. It also brought to you by IMaybetooBullish.com.
Ok you guys with other views share them here. Keep our TSP family informed to make Informed decisions. Some will be using their end of month IFT for positioning.

Yes, breakfast off to I go.

 

[FAB1]

Yes I can. The gaps up and down in the mornings are almost exactly 1% with a slight movement afterwards by people following.The moves up or down after the gaps are approximately 1% also the next day. Each daily move is 1%. I was showing this with 1% bars next to the moves. Even today was 1% down and 1% back up. Maybe a 1% gap up tomorrow with a little sideways consolidation and then a 1% drift up to resistance the next day.

Ah well those Occupy guys call us the 1% ers ....right I wish. lol

 

[Sensei]

This chart is a little marked up and I'll clean in up for today's action. It also brought to you by IMaybetooBullish.com.
Ok you guys with other views share them here. Keep our TSP family informed to make Informed decisions. Some will be using their end of month IFT for positioning.

Yes, breakfast off to I go.

I'd like to see a slow and steady wall of worry resume. A gain of about 0.5% today would suit me just fine. Too much escalation off the 20 day average will kick in computerized sell signals. We've knocked at the 20 day three or four times now. The next one could be the big one. :worried:

 

[Mapper]

I agree Sensei. More and more we are reaching a breaking point, capitulation in either direction up OR down. Thing is thus far the consistent direction has been slow capitulation INTO equities. Which is why I still believe we can currently apply the "more risk being out than in" Birchism. At some point those folks on the sideline will have to realize the pullback isn't coming and keep buying up the wall.

Alternatively, at some point, the bulls will grow tired of trying to draw those sideliners in and we'll drop hard. In the meantime the wall of worry continues and people slowly keep buying. If you're in, and making hay, you are building a cushion to absorb your any possible fall. Even if one loses 50 or 75% of their profits, it's better than making nothing....more risk out than in.

 

[Bquat]

I agree Sensei. More and more we are reaching a breaking point, capitulation in either direction up OR down. Thing is thus far the consistent direction has been slow capitulation INTO equities. Which is why I still believe we can currently apply the "more risk being out than in" Birchism. At some point those folks on the sideline will have to realize the pullback isn't coming and keep buying up the wall.

Alternatively, at some point, the bulls will grow tired of trying to draw those sideliners in and we'll drop hard. In the meantime the wall of worry continues and people slowly keep buying. If you're in, and making hay, you are building a cushion to absorb your any possible fall. Even if one loses 50 or 75% of their profits, it's better than making nothing....more risk out than in.

Slow and worried it may be. Someone awoke Little Bear. I guess there's more weakness than I was thinking so my TA was too bullish.:embarrest: If we set a higher High today, we can still get some movement up on Monday. This my just be some not wanting to leave money invested over the weekend or taking some profit to pay taxes and their accountants. I'm still a little bullish and watching. I left the 1% rods in and saw that my support line held one test.

 

[Bquat]

Little Bull is sharpening his horns. Maybe he'll fight. Ok dip buyers buy.

 

[Bquat]

Little Bull is sharpening his horns. Maybe he'll fight. Ok dip buyers buy.

Little Bull is talking cup and handel again.
Contrarians post quikly decision time comming.

 

[FishSqueezer]

I'm still a newb with Chart-ology, but do you see the Right Shoulder forming on an upright H+S formation starting at about 3-19ish?

 

[Bquat]

I may still be too bullish but remaining in. Wish I could see moves quicker.

 

[jpcavin]

I'm staying in today.

 

[Bquat]

I'm still a newb with Chart-ology, but do you see the Right Shoulder forming on an upright H+S formation starting at about 3-19ish?

I'm hoping the move is too close to the head to be a right shoulder for the peak to the left. I think they'er more symetrical. If we go sideways a day it might be more of a concern.

 

[Intrepid_Timer]

Little Bull is talking cup and handel again.
Contrarians post quikly decision time comming.

Big Ben called and said the markets will close higher on Tuesday than where they close today. Just passing along the info.............

 

[Mapper]

I'm staying in. For those of us who have been in, there is less risk in than out.

 

[MaStA]

I'm staying in. For those of us who have been in, there is less risk in than out.

Someone is sounding a lot like Birchtree. Are you his alternate login?

With that being said I am going to ride the weekend out as well.

 

[Bquat]

Wow I'm honored with all the visits. You all must remember Bquat is always right until he isn't. Having a little glitch confirming the up move. I think we'll get over it.

You know the more you guys post the more people view to see whats going on. Thanks and help me get 100,000 views.