Bquat's Account Talk

[Bquat]

Well, I'm banking on some kind of bounce. The market doesn't go straight down. That didn't help me in the Fall of 2008, but you catch my drift. I'm 100% S and expecting a bounce in Nov. Unfortunately the next few days are going to be overwelmingly news driven so I don't think you can chart Nov. very well until after the election and we address the next news events.

Here's your bounce is it enought? Didn't expect some strenght. Maybe I'll have to reevaluate.

 

[Bquat]

Ok,ok, I'll reevaluate at the break above 1420 and retaking of my 5 day.:notrust:

 

[Cactus]

1420 would be nice.

 

[Bquat]

1420 would be nice.

Here"s and elecyion day scenario for you but are you willing totake the chance. I'll think about it could happen.

 

[Bquat]

Wow the post took a while to show?

 

[Bquat]

1420 would be nice.

I'll still wait and see. Too much risk for me. 50/50 on election. I don't see strength but I am the contrarian.:notrust:

 

[Mcqlives]

I'll still wait and see. Too much risk for me. 50/50 on election. I don't see strength but I am the contrarian.:notrust:

I'm sitting out as well. I'll take the little profit I have for the year and enjoy it until we get a direction.

 

[Mcqlives]

...but I do think we will be on the upside, intermediate term.

 

[Bquat]

...but I do think we will be on the upside, intermediate term.

That is a possability. You think we can get any election results before 1145 AM EST. Not! Oh by the way post at 1150 AM not 1159 just in case your opinion may nudge me over the trading line.

 

[Bquat]

Ok, now that everybody's made their choice, let's just sit back and take the post time change nap since some of us was up too early.

 

[Bquat]

Tomorrow we'll see if my negativity is proven wrong.:worried:

 

[Handballer]

Hope so!

 

[Bquat]

Hope so!

Well 1420 is now support. I'm waiting for the retest or closer to the deadline to maybe jump. I'm just concerned the market is minipulated to the high side. It still looks weak but the up move was confirmed. Tic toc wait on clock.

 

[Bquat]

1420 now tested as support. I redrew the lower highs line (pink). Drew in the 50 and 100 day. I'm still hesitating slightly. Tic toc watch the clock 50 min.

 

[Bquat]

Sorry guys i'm not going to jump. AGG at the bottom of this page is not confirming the move and today's action looks weak. Plus with the election and all.

 

[Intrepid_Timer]

Sorry guys i'm not going to jump. AGG at the bottom of this page is not confirming the move and today's action looks weak. Plus with the election and all.

I think you just caused the markets to spike..................

 

[Birchtree]

Giddy up go.

 

[Bquat]

I think you just caused the markets to spike..................

I am the contrary indicator. Some made almost 1 % today but with a move down after the triple top there may be a big move down comming. Yea I'll be the contrary indicator if it will help anybody. Low volume gain today. I still see weakness. Somebody may be wrong. Me maybe maybe not?1409, 1402, 1380 1380 possible.:worried:

 

[Bquat]

I am the contrary indicator. Some made almost 1 % today but with a move down after the triple top there may be a big move down comming. Yea I'll be the contrary indicator if it will help anybody. Low volume gain today. I still see weakness. Somebody may be wrong. Me maybe maybe not?1409, 1402, 1380 1380 possible.:worried:

l got this. Construction got power line in area or i would chart.

 

[Bquat]

Ok 1387.50, I missed it by that much. Still look weak with 100 day acting as resistance and below the current (white) channel. Now we may go down to the bottom of the rising wedge (1380 ) and bounce or goodby charlie.:worried:
Those that entered when I mentioned that I saw weakness and was confused by the bulishness of the tracker are in a losing trade of 1% or maybe more. Now some may be saying it's because Obama won. That's not exactly right. I was going with very short term bullish with huricane prep purchases but bearish when they realized the goverment aide of billions of dollars being added to the deficit. I may have a more bullish chart later if I find a positive post market video.:notrust: