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Bquat's Account Talk
- Thread starter Bquat
- Start date
MaStA
Analyst
- Reaction score
- 8
Just news that the GOP House will reconvene on Sunday.
Bquat
TSP Talk Royalty
- Reaction score
- 607
Last ditch effort of Plung Protection Team trying to recapture and hold the 50 Day? Market is fighting them but it held twice now.:notrust: Other than that it couldn't be the announcement that the Republicans will come in the 30TH for a last ditch effort.:notrust: on that either. The 50 is being bought big time.
Bquat
TSP Talk Royalty
- Reaction score
- 607
I guess everyone thinks they'll capituate. They're only going to be there so it can't be said they didn't care. In other words just there for PR. Another case of buy the news.
NiteFlyer
Market Tracker
- Reaction score
- 3
Woot! We broke above yesterday's close finally.
MaStA
Analyst
- Reaction score
- 8
With such a strong reversal due to the news of them meeting on Sunday I wonder if we can expect a positive day tomorrow...
RealMoneyIssues
TSP Legend
- Reaction score
- 101
Bquat
TSP Talk Royalty
- Reaction score
- 607
No, the Republicans just anounced that they're comming in for a Presidentual offer.:notrust: In afterthought that is a 1% bottoming tail. Is it enought?
Bquat
TSP Talk Royalty
- Reaction score
- 607
Thanks we needed that.
Bquat
TSP Talk Royalty
- Reaction score
- 607
News turned us around but may have to buy the news if we reenter the channel.Right there with the risk reward question. Debt limit hits Monday and something has to be done. I don't want them paying the goverments liabilities with my TSP funds that are in G.
Maybe F, C, or I maybe. Don't want to waiste IFT from G to F but will if I have to. Where that coin roll to.
Buy the up tick?
Maybe F, C, or I maybe. Don't want to waiste IFT from G to F but will if I have to. Where that coin roll to.Buy the up tick?
Bquat
TSP Talk Royalty
- Reaction score
- 607
Ah just belay that thought. Not going to let the news and a 1% move influence me. I think I'll wait for the deal. Still have dumb money that will wait to the last minute to sell. Risk still too great. With the 200 Day is at 1390, resistance at 1435 and the 50 Day right in thr middle the risk is greater than reward right now. I'm sticking with G for now cause the positive rebound is strictly news related. Do you see what I see?News turned us around but may have to buy the news if we reenter the channel.Right there with the risk reward question. Debt limit hits Monday and something has to be done. I don't want them paying the goverments liabilities with my TSP funds that are in G.
Bquat
TSP Talk Royalty
- Reaction score
- 607
So your in for the meeting. Too bad they couldent have meeting before deadline as the whole market can watch and enter of exit right after the meeting. Can't wait until we get a 4 PM deadline. Even if I IFT today, I will miss the effect of the meeting today. I just hope being out is a good thing.I pick down, but then I'm fully invested. I'm better looked at through contrarian eyes, so maybe I will catch-down with you.
