Bquat's Account Talk

[Bquat]

Thought I lost the other post so you can look at the chart twice.

 

[Bquat]

Thanks for thinking of me buddy, although my charts are bullish, I am not. I'm looking for a pullback off the SPX double top, back down to the SPX double bottom, so for now the trading range is 1430-1470 until proven otherwise.

View attachment 20635

Thanks comment noted.

 

[Bquat]

Rising 5 day seems to be holding.

 

[Mcqlives]

And now I am starting to get nervous...what's your spidey sense saying?

 

[Bquat]

And now I am starting to get nervous...what's your spidey sense saying?

Possible 1432ish or the 1% move is almost complete and we get back in the channel. Stuck in most of this loss already but less than 1% from entry. Do I want to risk 1% more? maybe The double bottom is at 1432.:worried:

 

[Bquat]

Longer term

 

[Bquat]

Spidey say stay but he's been bad boy but I'm staying put.:worried:

 

[Bquat]

Here's the 1% line for today. Hoping it holds.

 

[Bquat]

Foolishly I belive in this trading range. Give it another day. Contrary or support opinions welcomed.

 

[Bquat]

I'm only near last place on the tracker because the ones below me are leaving.

 

[burrocrat]

Foolishly I belive in this trading range. Give it another day. Contrary or support opinions welcomed.

the sky is falling, the sky is falling, squawk! ( it really is this time).

 

[Bquat]

the sky is falling, the sky is falling, squawk! ( it really is this time).

I hope your wrong. I'm expecting a change in direction soon. The 20 day my offer the support I need. Triple touch on bottom is breakout on the top. I still believe in QE3 and election rally. We did bounce off the 13 and now the 20.

 

[Bquat]

Well early morning bowlling today. To Senior bowl I'm off to go. You guys stick around and watch the show. Pump them markets and Birch your in charge today. I drew you the bucket of water for your flowers.

 

[Bquat]

Well need this to hold 1/2 hour more then back up.

 

[Bquat]

Well, I'm kind of at the end of the rope looking over the edge. Still in the sideways consolidation channel (yellow) and crossed over to the bottom of an uptrending channel. Was it worth 2% loss to save my IFT's? Probably not. Here's the dream senario: Go up from here to the top of the yellow channel and get ahead 1%. Continue up to 1505ish and get another 2%. Sell at the top of the purple channel and have an IFT to buy if the top of the yellow channel holds as support or save it to buy back whenever.
Well at least up from here. So at least I keeping you guys intertained.

 

[Bquat]

I think we can play until November 13th before Isreal reacts on the new moon.

 

[Bquat]

I would like a slow strong and supported move upward. 3/4% a day will be just fine.

 

[Mcqlives]

I am not liking this mornings movement...what is your chart showing?

 

[Bquat]

I am not liking this mornings movement...what is your chart showing?

Well it's not looking good. If we break 1429, it will be cliff diving. If we can hold another 15.6 min it could be another double bottom. So 1 hour to watch.:worried:

 

[Bquat]

Need the Plung Protection team to start buying now.:worried: I can only wait about 15 more minutes. Lrt me check the tracker.