Bquat's Account Talk

[Bquat]

Wouldn't a stampede run to 1480 be real fun - we need something like that to pull in the reluctant safe money that earns nothing. I can wait for it.

I redrew the blue line for you. It looks like it's more correct even with the first peak. Slooow site.

 

[Bquat]

Wow 180,000 views. Only 60,000 my first year. Looks like I doubled the amount of people looking at what silly thing I might come up with next. I'm not going to be the contrary indicator this year.

 

[jkeawe0978]

Thanks for sharing your charts and thoughts.

 

[Cactus]

Wow 180,000 views. Only 60,000 my first year. Looks like I doubled the amount of people looking at what silly thing I might come up with next. I'm not going to be the contrary indicator this year.

You are more popular than you realize. I know your thread is one of the first ones I bring up when I check in most mornings.

 

[nnuut]

180,000 good job keep up the good work!

 

[Bquat]

Dips are being bought. Boy we're getting hot. Monday I hope stocks are bought. This is what I have until further review.

 

[GUCHI]

Bequet I really appreciate your novice opinion. It is easy to understand what your saying. I enjoy your posts

 

[Bquat]

Thanks for sharing your charts and thoughts.

Your welcomed. I try to keep them a little unbiased but when I'm bearish, I tend to look a little bid more for the bearish things and when I'm bullish, I look a little for bullish things. Now when I draw a Birch Chart be advised that this is as bullish as I can put it and it has a 50 to 80% chance to be wrong but drawn especially for Birch. Ok Birch Chart:

 

[Bquat]

Being a little less bullish than Birch, I hoping for 1484. Anybody agree? No, other than Birch. Also be advise this does not take in the news effect.:blink:

 

[Bquat]

Clean chart for today.

 

[Bquat]

Little scary this morning. That should be just enouth to hit peoples stops and knock them out of the trade as we continue up. Well that's what I want so make it so. Remember I'm not the contrary indicator.:notrust:

 

[Bquat]

Little scary this morning. That should be just enouth to hit peoples stops and knock them out of the trade as we continue up. Well that's what I want so make it so. Remember I'm not the contrary indicator.:notrust:

Trying to reestablish the bottom of the white channel.

 

[Mcqlives]

Being a little less bullish than Birch, I hoping for 1484. Anybody agree? No, other than Birch. Also be advise this does not take in the news effect.:blink:

I would but the news is all that matters today. What the Fed says makes or breaks the day and maybe the week. Hopefully the Chicago guy is right with his forecast (3.5% growth this year and 4.5% next with declining unemployment #'s) and that is what is presented.

 

[RealMoneyIssues]

Don't forget this is options ex week, volatility is the name of the game

 

[Bquat]

So we're either in a high base or ascending triangle, both bullish. My concernis why the resistance level at 1472 and not 1474? If the ascending triangle is correct, we are coiled and have a bigger move tomorrow. I'm hoping a break out to the upside tomorrow and am glad futures didn't do a Bernake drop. Now I have to let you know we're showing some indications of being over bought and we did hit the top of the trading range three times already without breaking it.

 

[NiteFlyer]

There's also the Producer Price Index and Retail Sales reports coming out tomorrow morning at 8:30. Hopefully that will spur upward movement.

Economic Calendar - Bloomberg

 

[Bquat]

Clean chart with watch on 1463 or 5 day.:worried:

 

[RealMoneyIssues]

Don't be worried the sheeple buyers are here to save the morning

 

[Bquat]

Back in the trading range and trying to establish a channel so here we go.

 

[Bquat]

You may have read before of me mentioning the tale of tails. The tails at the bottom of the new channel are getting longer so somebody is buying. This is whipsaw Wednessday and we can see big moves in one day. This can be the bottoming tail we're are looking for. JMHO So keep eyes open. Too bad I bowl early today.