Bquat's Account Talk

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None of the free video sites I watch have an update. So they don't even want to try to predict right now. Perfect stock alerts, nothing from the 5TH. Brian Shannon nothing from the 14TH. The stock Mentor, nothing from the 13TH of Dec. And finally nothing last night from Des at freeonlinetradingeducation.com. So here's some non-expert advice: We Have pretty much met to potential gain from the Inverse Head and Shoulder. We're at the top of the inner channel and people are saying we're overbought and expecting a major correction.

Well hold on there scooter. We had a bullish finnish yesterday. We're due real soon a cash influx on the PPT line. I don't know if we're too far above it but it could be a good bounce point. Live with Oscar is don't look for a dip type bullish (Birchism by the way) and we're above all moving averages. Europe has been accounted for is US investments. The sequester may be accounted for and only good news can change things. Like maybe a deal. The amount of sequester has been spread out over two years and determined not that bad until 2014. So what's the worry?

All we have to fear is fear itself.Do Hogs get slautered? I'm slightly bullish with a wall of worry. I still think twin peaks at 1514 strong support and twin peaks at 1524 is good support. There you have it weigh in time appreciated. I'm in with one IFT. I probably wouldn't buy in here but should I risk getting out?:blink: You likey, you likey, you no likey post here:
 
RealMoneyIssues said:
Why didn't you move your PPT based on last Friday's big buy at 1515?
Click to expand...
What I'm calling PPT is where you have a big dip in the futures or morning action that is quickly bought back up in that same 1/2 hour to prevent further dipping. This forms a bottom tail on the candle. It can be sold off again afterwords but you don't see a big enough negative candle to creat bigger selling. I could be wrong this is something I've noticed. The candle is going down and snaps back up not like a buy in with more buy in following. The one on Friday could of been one but the down candle completed, went past the PPT line and the regular dip buying happened at the bottom of the white channel.
 
Probably confused everyone?:confused: It looks like the majority of them happen on Thursdays. 24,31,6,14 and 21 comming. the 6th was early.
 
Any body else getting excited. If this leve holds, this may be all the dip you see. Work it make it happen.;)
Coffee time be right back. Same time same station.
 
Bquat said:
Any body else getting excited. If this leve holds, this may be all the dip you see. Work it make it happen.;)
Coffee time be right back. Same time same station.
Click to expand...

Um, that isn't a dip, that is day to day noise or intra-day noise.

Going to 1500 would be a dip... just saying... ;)
 
Going for plan "B" and for 1524 to be good support but have to admit I'm a little worried. Have to put fath in my support line. I hope it bounces before the deadline.:worried: Still 60/40 to stay in.
 
Bquat said:
Going for plan "B" and for 1524 to be good support but have to admit I'm a little worried. Have to put fath in my support line. I hope it bounces before the deadline.:worried: Still 60/40 to stay in.
Click to expand...

1521 is my bounce line...I am worried too. Hope China news is good tonight or we could see a big overseas sell off.
 
I'm glad I didn't go to bowl today. I may have been scared out not being able to wait for last minute. The deadline usually happens before the move happens.
 
So quick question? Is't this the higher low the market's looking for to go with the higher high?
 
Mcqlives said:
we won't know for sure for at least another 1/2 hour...but I am staying in too.
Click to expand...
Here's a Fib Retracement for you. As you may notice, I moved my exit to 61.8. My entry ended up being 38.2. Took PPT line out but expect cashflow tomorrow. May of not got so scared today if I did the Fib earlier.:embarrest: Would really like some buying soon. How's PPI, it come in yet? Anybody knw?
 
Wow that was bad. Now I just hope it was over reaction from the news and Fed anouncement. So I be watching the 20 day and think about selling the bounce, if we get one.:worried: I so much thought we would get the H&S.:embarrest:
 
Grasping for straws and wanting the 20 Day Moving Average to hold, this is the new channel. Too much wishful thinking?:worried:
 
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