Bquat's Account Talk

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Talk about the move being over.:( Hope for the 20 day holding.:worried: This may have been a bull trap and right after the deadline the big move shows. As if they know when our decision time is.:suspicious: The 1% thingy still works.
 
now with the overall flatness of the market the past couple weeks, would we call this a shooting star or a hammer? lol
 
Was kind of expecting a down movement, but with futures still green, I don't know. So we are still consolidating to the right with people still buying the dip. At least some of the over bought pressure is almost gone. So here's resistance and support levels.

September is here so maybe temperatures outside will moderate.:)
 
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Bquat said:
Was kind of expecting a down movement, but with futures still green, I don't know. So we are still consolidating to the right with people still buying the dip. At least some of the over bought pressure is almost gone. So here's resistance and support levels.

September is here so maybe temperatures outside will moderate.:)
Click to expand...
Same quote and chart different day. Futures red.
 
Same desending triangle. Nervious yet?:worried:

We are coiling for another big move and if the ADP jobs reportt at 8:15 EST is bad look out.
 
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Bquat said:
Same desending triangle. Nervious yet?:worried:

We are coiling for another big move and if the ADP jobs reportt at 8:15 EST is bad look out.
Click to expand...

I was also eyeing that possibility of a descending triangle forming. resistance has held tough around that 1400 mark, but at the same time, the highs have been getting lower forming a desc. triangle. Could be bad news in the short term but who knows, it's a news-driven market atm that could go any direction. With that said, I'm a little inclined to go back to G fund for a bit. Hoping for good news isn't a sound investment strategy lol (much like holding a stock through earnings report)

starting to realize that election years are somewhat of an anomaly, the chart behavior has been odd this year to say the least
 
Bquat said:
Same desending triangle. Nervious yet?:worried:

We are coiling for another big move and if the ADP jobs reportt at 8:15 EST is bad look out.
Click to expand...
I was right on the big move but wrong on direction. We need to hold above the blue line or risk a double top. I knew about a big move but not this big.:embarrest: Hope this isn't a one day wonder for you guys that are in.
 
The move may have higher ground to achieve before the day is over - shorts are feeling pain that even Bill Clinton can identify with. 1436 here we come.
 
Birchtree said:
The move may have higher ground to achieve before the day is over - shorts are feeling pain that even Bill Clinton can identify with. 1436 here we come.
Click to expand...
You can visit me on bad days too.:D

Those who have entered on the 24th may take profit today. If the light blue line holds it could be 1446 (Birchish).
 
Sideways consolidation after a big move is a good thing. Is this move almost done?

Well I did it. Let myself get talked into five bowling leagues.:worried: Four of them senior. I guess when you raise your average to 175 or above and you're turning 60, you become a wanted person in the senior leagues.:D I've been noticing that seniors that bowl more than one league seem healthier. Or is it the other way? Healthier people bowl more leagues. I'll have to figure that out.:confused: Well heres your charts and the amount of charts my dwindle as I embrace more that retirement offers.:D
 
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You are going to be investing for the next 25 years so you are just getting started. Whever this market goes I'm going with it. Snort.
 
Birchtree said:
You are going to be investing for the next 25 years so you are just getting started. Whever this market goes I'm going with it. Snort.
Click to expand...
Don't know about 25 years. I've always been a big person and I'm diabetic but think more bowling should help my against my couch potato syndrome.:)
 
Oh Birch, I have my TSP figured out until I'm 86 and if I can get back into more gains, I can increase my monthly amount when I turn 62 because I retired before 59 1/2.;)
 
Still high basing here with sideways consolidation after the 3% up move. Some say the move is done. Others say we should get more of a move because of a breakout of a long parallel trading range. I think the move was mainly news related to support for Spain and Italy. Also bad news about jobs increased the odds for QEIII. Ha! I think ol Ben now will wait to see if Spains and Italy's bond buying has any effect before commiting to Quantative Easing. Just my opinion.;)

Christian is bullish. Here's the new link. Couldn't get the old one to work.
Market
 
Bquat said:
Still high basing here with sideways consolidation after the 3% up move. Some say the move is done. Others say we should get more of a move because of a breakout of a long parallel trading range. I think the move was mainly news related to support for Spain and Italy. Also bad news about jobs increased the odds for QEIII. Ha! I think ol Ben now will wait to see if Spains and Italy's bond buying has any effect before commiting to Quantative Easing. Just my opinion.;)

Christian is bullish. Here's the new link. Couldn't get the old one to work.
Market
Click to expand...
Ditto No Change.
 
Resistance was tested as support but I don't see much strenght in the move as if big money is waiting on Fed news.:confused:
 
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