Bquat's Account Talk

[Bquat]

See if the tell of tails work. This may wake Birch up. He'll watch it for me as I rest my eyes. Had one of those senior wake ups this morning. You know maybe your wasting a good day so you wake very early.

 

[Birchtree]

Now that the dollar has regained the 80 level, history has shown this to be very bullish for the U.S. markets. If will help Europe by improving tourism with a strong dollar.

 

[Mcqlives]

..... Desk nap time. While you great guys enjoy your working Mondays.

&^$&%#$@^(^(%*^%$^%$^% Retired people!!!!!!!!!!!!!!!!!:cheesy:

 

[NiteFlyer]

&^$&%#$@^(^(%*^%$^%$^% Retired people!!!!!!!!!!!!!!!!!:cheesy:

This is normally my day off (eight 9-hr days, one 8-hr day per 2-week pay perdiod); However, I switched days off to go on a ski trip on Friday with some teens and some office co-workers (all co-workers are good looking females)

 

[Bquat]

Ok guys, tell me the truth. Why is this market is staying below my entry point. Does it want me to remain the contrary indicator?:suspicious:

 

[Bquat]

Coiled for that post lunch bigger move.

 

[NiteFlyer]

Ok guys, tell me the truth. Why is this market is staying below my entry point. Does it want me to remain the contrary indicator?:suspicious:

Everyone out there is watching your chart and taking the necessary moves to keep you out of the market. They know your entry point! You should raise it to 1550 and watch what happens :nuts:

 

[Bquat]

Everyone out there is watching your chart and taking the necessary moves to keep you out of the market. They know your entry point! You should raise it to 1550 and watch what happens :nuts:

My entry point is where I bought. That was the EOD level when I bought friday. And yes just add to my paranoia

 

[Bquat]

Ok, two days of consolidation at a high base, it's time to try to get higher. Let's get that 0.5% and go to the next level. It could happen but everyone is waiting for State of the Union tonight. If it is stated that more stimulis is needed will that be taken as the ecconomy is weaker or that there will be more money pumped into it and the market goes up?Remember tomorrow the PPT line will be up to our levvel. That may become a buy line.

 

[Bquat]

Ok, two days of consolidation at a high base, it's time to try to get higher. Let's get that 0.5% and go to the next level. It could happen but everyone is waiting for State of the Union tonight. If it is stated that more stimulis is needed will that be taken as the ecconomy is weaker or that there will be more money pumped into it and the market goes up?Remember tomorrow the PPT line will be up to our levvel. That may become a buy line.

We're ready and coiled up.

 

[Frixxxx]

We're ready and coiled up.

Let's just hope resistance is futile!

 

[Bquat]

Wow, this is like waiting for a bus that isn't comming.:notrust: So I'll just wait for Birch's train.

 

[Bquat]

Not much happened today but it did do a small bull flag.

 

[nnuut]

Looks like the Loch Ness Monster to me!:laugh:

 

[Bquat]

Looks like the Loch Ness Monster to me!:laugh:

That's ok, as long as he pokes his head over the red line. Which by the way the market reacted, may be a tiny bit too high. It could be a little off because of being from a while back.

 

[Bquat]

Today is a good chance of breaking to a new high. I drew a channel within the channel. It may be thin but it's still in an up trend. At least we have a little gage of the sideways movement needed before going up. I'm thinking the up movement may increase. I don't think we'll touch the PPT line but glad it's there. Maybe I'll rename it the FST for false support line. I really like how the 5 Day is growing on it like a vine. So there's my little bullishness for McQ. As always if you choose to do so please comment yea or nea for others to have more info for the edumacated guessing.

 

[Bquat]

At least now my red line is calibrated. Also my white line. I'm not giving up yet.

 

[Birchtree]

The trade winds are going to help the SPX blow right through that overhead resistance of 1525 sometime later today. Follow the lead of the transports.

 

[Mcqlives]

Today is a good chance of breaking to a new high. I drew a channel within the channel. It may be thin but it's still in an up trend. At least we have a little gage of the sideways movement needed before going up. I'm thinking the up movement may increase. I don't think we'll touch the PPT line but glad it's there. Maybe I'll rename it the FST for false support line. I really like how the 5 Day is growing on it like a vine. So there's my little bullishness for McQ. As always if you choose to do so please comment yea or nea for others to have more info for the edumacated guessing.

I appreciate the little bullishness...I just with it would get stronger. I am still on the fence but sticking in 50/50 C/S for now.

 

[Bquat]

Today is a good chance of breaking to a new high. I drew a channel within the channel. It may be thin but it's still in an up trend. At least we have a little gage of the sideways movement needed before going up. I'm thinking the up movement may increase. I don't think we'll touch the PPT line but glad it's there. Maybe I'll rename it the FST for false support line. I really like how the 5 Day is growing on it like a vine. So there's my little bullishness for McQ. As always if you choose to do so please comment yea or nea for others to have more info for the edumacated guessing.

Well we did make a new high and we didn't touch the PPT line and I am glad that it's there. I had mention a week or so back that the PPT was the top of and old channel and that it may become support for the bottom of a new channel. I also had mentioned that when I entered this trade that in a couple of trading days the PPT may be what saves my butt. Well we are there now and the PPT line may save my butt. Others are calling for weakness now but like I said, I still feel the last two peaks at 1514 provide more support than when they were made. This is a gut feeling comming from an ex-contrarian indicator and this message will self distruct if needed. Comments?