Bquat's Account Talk

[Bquat]

Look at the tracker. Sure is a lot locking their gains. I think the chance of going higher has improved today but I have been known as the contrary indicator. I think that is achanging.
TSP Talk AutoTracker

This is what I'm thinking. If we can break the white line. No body is talking about the IHS. Where is Poolman,JTH and Uptrend? Enjoying the summer day.

 

[Birchtree]

Perhaps another 250 point Dow gain on Monday.

 

[Bquat]

Perhaps another 250 point Dow gain on Monday.

There's a lot of people saying we had 9 down Mondays and this may be the tenth. I don't have to say who they are nowdays. I think this is going to be the up Monday because the call to do nothing for US and Europe has already happened.

 

[Bquat]

Did you see it? The test of resistance becomming support from above, confirming a higher high. I hope we continue up from here.

 

[Bquat]

Ok, I'm getting too compulsive again with my charting. Go to go get a life.

 

[Birchtree]

Wait until the VIX drops out of the 16 level and you'll see more strength come into the market to push the SPX to 1400.

 

[Bquat]

Did you see that up tic at the end of the day? That confirms that the top of the triangle, once resistance is now support. Even better. No profit taking after over 2% gain and on a Friday almost everyone holding for the weekend. Anyone have the chart with the O's and X's maybe showing a possible triple top break out comming?:notrust: JK, but I would like an update on the chart.

 

[Birchtree]

We did see a push down on the VIX to 15.71 -1.86 without much movement in the SPX. Perhaps we have a positive harbinger for Monday.

 

[FAB1]

Did you see it? The test of resistance becomming support from above, confirming a higher high. I hope we continue up from here.

Me too - My F trade was unfruitful. Yields up out the gazoo yesterday. All of ya that bought bonds on Friday, sorry I dont wish ya luck but yer gonna need
lotsa it. From know on I rest in G fund (said that before)

 

[FAB1]

We did see a push down on the VIX to 15.71 -1.86 without much movement in the SPX. Perhaps we have a positive harbinger for Monday.

I C yer prediction of the large caps coming true so ill buy. Of course it was bound to happen sometime I like your perseverance.

 

[Bquat]

With the break out of the symetrical triangle and the test of the top of it as support may give us enought momentium to break above the current channel. This should be very bullish. If we don't break it soon, I will not ride it back down. Looks like the battle begins and shorts will have to cover if we break it.

 

[Bquat]

Me too - My F trade was unfruitful. Yields up out the gazoo yesterday. All of ya that bought bonds on Friday, sorry I dont wish ya luck but yer gonna need
lotsa it. From know on I rest in G fund (said that before)

You just keep resting buddy. G fund is ahead of me this year but I'm trying to change that.

 

[Bquat]

New high and top of the channel resistance tested as support a few times so let's go higher.

I don't know about you guys but the TSPTALK site was down for a while so I'll let you know now there's more of a 60% chance I'll stay in today.

 

[Bquat]

There it is. Another test from above of resistance acting as support Happening right now. Hope it holds. Staying if it does.

 

[Bquat]

I'll have to watch a while longer. The tops of the solid parts of the candles are looking like they're topping.

 

[Bquat]

The tails on the top of my candles are getting longer so I'm exiting stocks.

 

[Birchtree]

You probably just got head faked - that's alright, I'm still long for the rest of the year.

 

[Mcqlives]

The tails on the top of my candles are getting longer so I'm exiting stocks.

Wish I had rode that one with you but, if I was in, I would have exited today as well. I do hope Birch is right, though!

 

[Bquat]

You probably just got head faked - that's alright, I'm still long for the rest of the year.

Sorry Birch but I was starting to see top tails and that what I do with tell of tails. I could be wrong but it's looking worse. I hate the deadline.

 

[Bquat]

See? You never know sometimes I'm the contrary indicator. Couldn't take the chance.