Bquat's Account Talk

[Bquat]

Testing 20 Day as resistance.

 

[Bquat]

So did people jump in? Still see weakness.

 

[jkenjohnson]

So did people jump in? Still see weakness.

Thought about buying TNA but then I read an article about the ongoing EU meeting and backed out.

 

[Bquat]

Thought about buying TNA but then I read an article about the ongoing EU meeting and backed out.

Hey thanks for visiting and glad to see you still posting. Yea I think this may be just an intraday bounce and we may go down more.

 

[bmneveu]

I believe the low of the day is past us

 

[Bquat]

I believe the low of the day is past us

Many hope you're right and now 1 hour past deadline is the move. Just my guess.

 

[Mcqlives]

Many hope you're right and now 1 hour past deadline is the move. Just my guess.

Nice charting today. I just got a chance to read up on your thread as I have been swamped this morning (I hate end of quarters). At least I would not have made a move even if I could have.

As for my performance, even I don't do the auto-tracker I do check up on myself a couple of times a year...I have made a whopping 1% since May 18th with a -3% overall since January 1. I got a lot of catching up to do to beat last years return!

 

[uscfanhawaii]

So did people jump in? Still see weakness.

I jumped in today....yes, could still be some weakness but looks like resistance is holding around 1315 SPX. Hopium for the 4th!!

 

[ILoveTDs]

Excellent...

 

[Bquat]

That's going to be a hell of a bottoming tail if we recover from it. Confirm the twenty as support and confirm a higher low. A bearish move creating a bullish result would be nice. You think it could happen? Ol well wishful thinking as we still have to overcome the bottom of the red channel. So this is just a dream.

Well the dream came true. Got a good bottoming tail but a lower high and recaptured the 20 and the 5 Day, wow. Ironically now the my 13 day may have blocked us. Well folks we are coiled up like a spring to jump. Which way you guy call it? The top line is going down faster than the other line is comming up. With todays action most would be bullish but I won't call it. I can't play until monday. So good luck.

 

[Bquat]

And you know under Birchism you would draw it like this.

 

[Bquat]

Ok the other side.:notrust: I think Birchism has a better chance than this one. So there's the play on charts but this last one is a stretch.

 

[Bquat]

Birchism it is.

 

[Birchtree]

Can you hear the snap, crackle and pop as we get close to 1360?

 

[Bquat]

Can you hear the snap, crackle and pop as we get close to 1360?

Were very close to there. I had to spread out to see why we were hessitating here.

 

[Bquat]

Now to test prior resistance as support.

 

[Bquat]

Chance for one more push here and then the big chance of a double top because we're comming to the last peak at the top of a big move. And again we have 40 min. to see the move.

 

[Bquat]

I am so glad to see that posts are up this morning and it's all about trading. Also thanks guys, you should push me over 125000 views shortly.

 

[Bquat]

Chance for one more push here and then the big chance of a double top because we're comming to the last peak at the top of a big move. And again we have 40 min. to see the move.

Nah it's going to wait untill right after the deadline for the move again. I still think the double top is a 60/40 chance of happening today.

 

[Bquat]

Looking at our tracker a lot of people in the TSP may have used today to get out. Now let's see how the market reacts as the TSP transfers are released by our TSP Fund managers.

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