Bquat's Account Talk

[Bquat]

Well ... me too. But purely a gut level call with no real basis behind it on my part. I just felt like it went up too far too fast. I'll probably regret it over the next couple days. The upside is if my gut was right, I won't lose anything. Somehow that's not a very gratifying silver lining at the moment. So we shall see.

Well I marked their entry and our gut call. I had mentioned a possible 2% gain before which I really didn't want to waist an IFT on. So with the 200 day (estimated) being broken I wonder now but I still think this is buying into news that may dissapoint. You know me I'm contrarian when it comes to news. So here's our gut crinching could of, should of or maybe they shouldn't of chart.

 

[Handballer]

This is just the market taunting me again. I'll will it down.

Thats funny.

 

[Bquat]

Thats funny.
View attachment 21212

Thanks, I needed that.

 

[Bquat]

Now so far I'm missing a positive trade.Brother invited me to breakfast so I again won't be entering as foolish as I may be.:notrust:

 

[Mcqlives]

Now so far I'm missing a positive trade.Brother invited me to breakfast so I again won't be entering as foolish as I may be.:notrust:

It's winding again but which direction will it end up going? You're on the safe side and I'm 50/50 S and I. We'll know in about a half an hour.

 

[Bquat]

It's winding again but which direction will it end up going? You're on the safe side and I'm 50/50 S and I. We'll know in about a half an hour.

Yo buddy, did you see when the turn was? 1202 noon EST post deadline. Bullish right up to the deadline. There's a conspiracy here. I hope this wasn't smart (big) money doing a 3 day bull trap on TSPers. Deadline I hope this isn't the double top for you guys.:worried: Hope missed entry and 200 is support.

 

[Bquat]

Got to go bowl. Nobody flush the tolet bowl.

 

[Bquat]

My suprise we made it back to try again.

 

[Bquat]

Senior bowling is the place to be. Had a junior moment today. 269, 245, and 214 for a 728 series. Best series ever and it's after I'm 60.

 

[wavecoder]

My suprise we made it back to try again.

cup & handle?

 

[Bquat]

So Monday should be a return from the Holiday trend reversal. We'll get away fro the low volume drift up to maybe a higher volume down trend. I'm expecting a break down below the trading range.:worried: I just don't want to go above my missed entry point.

 

[Bquat]

Ok, close up.

 

[Bquat]

Birch would say this is a V bottom. So can we break the 50 Day? Should I use an IFT. I don't know yet.Here's the charts:

 

[Bquat]

I feel a retrace and hold at the 20 day and set a higher low at 1395 would be much better for this market. With the low volume drift up lately, hitting the 50 day too soon can cause the big holiday trend reversal to go by by.:worried: We need to build some higher volume strength right now.

 

[Bquat]

I think the move might be done. Wasn't able to break the line from the last peak throught the resent peak and to todays top.:worried:

 

[CrabClaw]

I think the move might be done. Wasn't able to break the line from the last peak throught the resent peak and to todays top.:worried:

I hope your right. Thanks for posting the charts Bquat, it is very much appreciated!

 

[nnuut]

Watch Consumer Confidence at 10 AM!

 

[Bquat]

Real close to setting tweezer top reversal pattern or double top.:worried:

 

[Bquat]

Watch Consumer Confidence at 10 AM!

Ok, it needs to be good for those that are in.

 

[nnuut]

Ok, it needs to be good for those that are in.

It was good, but the dollar is spiking with the good news from Greece which doesn't make sense, give it time.