Bquat's Account Talk

[Mcqlives]

some long days at work...hopefully something you have already forgotten!

I did some digging last night and was going to post until I saw the post by jth. He gives the warning that I would of and, to add my 2 cents to his, we could see a 10% drop pretty easy if we fail to establish a new floor in the 1545-1550 range. I think if we close above 1560 this will give us upward confirmation.

As for your chart of horror...if the eu returns to recession and china's equity bubble pops it could easily happen

 

[Bquat]

some long days at work...hopefully something you have already forgotten!

I did some digging last night and was going to post until I saw the post by jth. He gives the warning that I would of and, to add my 2 cents to his, we could see a 10% drop pretty easy if we fail to establish a new floor in the 1545-1550 range. I think if we close above 1560 this will give us upward confirmation.

As for your chart of horror...if the eu returns to recession and china's equity bubble pops it could easily happen

So,we proceed with caution, but we do proceed because the outlook is good. There is no where else for the big money on the sidelines to put their money. Their investors are getting mad about no gains in their investment. Today is the little train that thinks it can. Sideways and maybe a little up until maybe a pop. Consolidate in time no dips.

 

[Bquat]

Senior bowling is the place to be. Please watch the market for me. Darling I love you but I got another place to be.

 

[Bquat]

Followed JTH 100g by phone.

 

[Mcqlives]

Followed JTH 100g by phone.

I tried but website was way slow...i think i missed the cut off

 

[Birchtree]

I think if we can hold SPX 1540 for several days this may be enough to make bears start to cover in a big way. This could light the fuse of this rocket and the pole sitters may be surprised how high it rises.

 

[Mcqlives]

I think if we can hold SPX 1540 for several days this may be enough to make bears start to cover in a big way. This could light the fuse of this rocket and the pole sitters may be surprised how high it rises.

I hope you are right but I am not sure of the when...I will have to decide again in the morning as my transfer request went in late.

 

[Bquat]

I tried but website was way slow...i think i missed the cut off

I hope it doesn't hurt you. It just looked like today the old channel top was holding and with JTH pulling with 1 IFT left, I thought I'll have one left also. I also got freaked over the potential gain to risk level. I just didn't want to risk waiting on this level to break when I had the option to get back in if it did and be out if it didn't. I saw weakness where it should have popped.:worried:

 

[Mcqlives]

I hope it doesn't hurt you. It just looked like today the old channel top was holding and with JTH pulling with 1 IFT left, I thought I'll have one left also. I also got freaked over the potential gain to risk level. I just didn't want to risk waiting on this level to break when I had the option to get back in if it did and be out if it didn't. I saw weakness where it should have popped.:worried:

I saw it too and am seeing it continue this afternoon. Hopefully there will be a continuation of the 1/4 point that JTH talked about tomorrow. I am leaving my transfer in play and, if Birch is able to push this by himself and we do chase 1560, I'll cancel the move.

 

[Bquat]

I saw it too and am seeing it continue this afternoon. Hopefully there will be the .25

You remembered how JTH missed the last dip. You don't side guess him when he's hot.

 

[Bquat]

Risk of gain/loss chart. Plus I would like to protect my gains since I timed things out right for once with another trade possible this month.

 

[Bquat]

Shh, intraday M for murder. Well double tops haven't done anything the last three times but right here.:worried: Need to turn before the blue line. You know me I see bearish things when I'm already on exit.

 

[Birchtree]

1560 SPX is just a hop from here - any rally in AAPL could takes us there in a blink.

 

[jonfresno]

So if you put in for an IFT before noon, you can cancel the IFT after the noon deadline? If so, do you know how long you have to cancel it?

 

[Bquat]

1560 SPX is just a hop from here - any rally in AAPL could takes us there in a blink.

When we broke 1546 today we should have popped. Should of would have could of. Capital preservation today to play another day. 1541 exit.

 

[Bquat]

So if you put in for an IFT before noon, you can cancel the IFT after the noon deadline? If so, do you know how long you have to cancel it?

Since McQ missed todays deadline by minutes, his IFT has tomorrows effective date and has until noon tomorrow to cancel. Too bad they can't use you longon time for the IFT when it's the site thats slow. He could call them and see if they'll change it because of site lag time. What are the odds of that?

 

[Bquat]

Since McQ missed todays deadline by minutes, his IFT has tomorrows effective date and has until noon tomorrow to cancel. Too bad they can't use you longon time for the IFT when it's the site thats slow. He could call them and see if they'll change it because of site lag time. What are the odds of that?

That's why Tom has 10 or 15 min past the deadline for the tracker. In case everyone is updating and it goes past the deadline while they try to post.

 

[Birchtree]

bquat,

keep us posted on your pain endurance as the market lifts off without your participation - protect your neck from strain as you look upwards to clear skies.

 

[Bquat]

bquat,

keep us posted on your pain endurance as the market lifts off without your participation - protect your neck from strain as you look upwards to clear skies.

I can reenter at 1560. Pain? I have no pain missing gain. Remember I freshly off from being the contrary indicator and you saw how much pain I would take if it helped others for me to be wrong. I have died with news related drops. I don't expect any bad news. Matter of fact I believe the next set of news would be deal news but contrary to my contrary I'm just being contrary and assuming no risk.:blink: So tomorrow you may be able to say I told you so instead of I'll just buy more flowers in the correction. Almost exactly a year ago I had most of my losses while caring for mom. I stayed in because I didn't keep an eye open.

 

[Bquat]

By the way Birch you can brag in my thread. Anyone can mess with my head. And any contrary ideas or charts are welcomed. If you can prove me wrong in my thread it's fine with me cause it can help others make more informed decisions as to risk reward. This is a trading comunity and we're all trying to out guess the market. So even your taunts may be good for others. It may get them to stay in if I guess wrong. The majority of opinions my be the right opinion. We must be true with what we think because people are aware of our individual thinking processes and aware of our shortcommings. It all helps. You are always right with enought time and I'm a very short term kind of guy.