Bquat's Account Talk

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Birchtree said:
If we are in the early stages of a another mega trend secular bull market with Wave 3 approaching you have to be in to win.
Click to expand...
No I'm out to shout. We'll see monday. What was the good news? Possible deal to raise the debt limit?
 
Haven't you ever heard of panic velocity on the buy side - it's coming. Once back to back parabolic 100 or 200 point moves start investors will be screaming 'get me in at any price'. A VIX under the 12 level may be the all clear catalyst to push money into the market. Remember this market is discounting the future and that could be 6 to 18 months out - to far for any mere mortal to see. But the market is omnipotent.
 
Birchtree said:
Haven't you ever heard of panic velocity on the buy side - it's coming. Once back to back parabolic 100 or 200 point moves start investors will be screaming 'get me in at any price'. A VIX under the 12 level may be the all clear catalyst to push money into the market. Remember this market is discounting the future and that could be 6 to 18 months out - to far for any mere mortal to see. But the market is omnipotent.
Click to expand...
No, I just can't fight the news. Was going for lower high and this news hit. House proposes to do a 3 month extension on debt ceiling to shift news off them and back on Senate.:( Hasn't even happened yet but I guess I'm ready if it falls through.:rolleyes:
 
Redrew the channel to a 5 day supported line and made a new current channel. Are we rolling over? The majority says no. So here's the charts. I tried not to bias them.:suspicious:
 
May be just about to confirm a double top at the hair line.:worried: You guys that are in hope this hair line holds.
 
Out of trouble. Dip was bought. Didn't even get down to the recent low line (grey).
 
Need to break out soon or we double top intraday and confirm the rising wedge (grey).:worried:
 
JTH said:
You got your intraday breakout.
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Yea buddy it's like the everready bunny. It just keeps going. At least it's just inching it's way up. I'm only a contrary indicator by 1/2% maybe. I been expecting weakness but news comes out that I can't control. So here's the chart and you guys analize it.:notrust: I think the market is short term over bought but the buying continues and maybe that's how the wall of worry continues.:confused:
 
Two failed moves above the top of the orange channel. Just saying,:worried: Senior Bowl I go.:)
 
Still waiting for this up trend to be done. I think it is but it keeps proving me wrong. After a correction I'm looking for 13 day as buy in. Anybody agree? The chart is unbiased but I'm not.
 
Wall of worry has me beat by over 1% now and looks like it's getting stronger.:embarrest:
 
Ok, I closed the channel up a little. Makes it a little less bullish or gives the market another thing to break above.:rolleyes:
 
The way it looks this morning, I'm thinking "break above". You're not STILL on the sidelines are you waiting for the dip? If so... those of us still in think you may be what is keeping the rally going!
 
NiteFlyer said:
The way it looks this morning, I'm thinking "break above". You're not STILL on the sidelines are you waiting for the dip? If so... those of us still in think you may be what is keeping the rally going!
Click to expand...
Yes I am and yes I am. I am the contrary indictor untill it drops below my 1% missed opportunity. I am waiting for a pull back between 1476 and 1472. I am also waiting for 1 Feb. Anything I can do to help you guys I'll do except a loss this year. I'll miss gains for you.;) I makey chart to help you higher.:D
 
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