Bquat's Account Talk

[wavecoder]

Don't worry, just profit takers... there will be more buyers and if not Big Ben will buy some

always possible, usually that's why i wait till the last hour of trading before making a move. EOD activity is usually more telling to where the market 'wants' to go.

 

[Bquat]

I redrew the charts a little. I used closer term channels.

 

[Bquat]

I do not believe double tops get bought like last time.:notrust:

 

[Bquat]

This is what I'm talking about: I want my M tv.:worried: We'll know soon if we get a pattern repeat.:notrust:

 

[Bquat]

Ok, for those of you that are in, it looks like the repeat pattern is happening. The breaking of the first red line will confirm it.
I wanted a pull back befor Feb and I might not get it. Especially if we start a ladder pattern in the white channel.

 

[RealMoneyIssues]

This is what I'm talking about: I want my M tv.:worried: We'll know soon if we get a pattern repeat.:notrust:

The buyers are coming, just a little slow after last nights partying...

 

[Bquat]

The buyers are coming, just a little slow after last nights partying...

You know how I like helping others by being the contrary indicator.

 

[Bquat]

Ok, for those of you that are in, it looks like the repeat pattern is happening. The breaking of the first red line will confirm it.
I wanted a pull back befor Feb and I might not get it. Especially if we start a ladder pattern in the white channel.

As we're at the deadline the repeat pattern is still fighting the confirmation line.

 

[Bquat]

And there it is post deadline.

 

[RealMoneyIssues]

And there it is post deadline.

Naw, just the chicken bulls leaving... more room for the REAL bulls...

 

[Bquat]

Naw, just the chicken bulls leaving... more room for the REAL bulls...

I was saying the confirmatiom came right after the deadline after TSP people were lock out if they wanted to buy the move.

 

[RealMoneyIssues]

I was saying the confirmatiom came right after the deadline after TSP people were lock out if they wanted to buy the move.

I don't know, for TSP, shouldn't the confirmation be on a daily chart? There is a lot of intra-day manipulation for longer term traders like us... right?

 

[Bquat]

This be another move I be missing but then again I help others. Coiling for bigger move. Wait for it. The contraryian:

 

[Frixxxx]

Bounce off 1486 is what I'm thinking.

 

[Bquat]

Bounce off 1486 is what I'm thinking.

That would be nice. That's my last exit point. I think the next move is up. That's why I used green but being the contrary indicator it could go down.

 

[Bquat]

That would be nice. That's my last exit point. I think the next move is up. That's why I used green but being the contrary indicator it could go down.

Ditto here. Still see a green light here unless housing sales down in Dec effects us. Even with that said, " I want a 2% correction before Feb 1".

 

[RealMoneyIssues]

Ditto here. Still see a green light here unless housing sales down in Dec effects us. Even with that said, " I want a 2% correction before Feb 1".

What, 2014? 2015?

 

[Bquat]

What, 2014? 2015?

shh I told you I must keep up the contrary posts so you can make money.

 

[Birchtree]

The McClellan Summation Index has just moved above its previous mid-September peak, further confirming it is currently in an uptrend. I would not wait around for any consolidation to happen - there is just too much money flowing to catch up. It does feel like 1982 again and the Dow and SPX will not wait for entry buyers.

 

[Bquat]

Still in an ascending triangle which is bullish and look at the last green tail and todays red tail. Dips are still being bought.But you know me, maybe I'm the contrary indicator both directions.:notrust: