Bquat's Account Talk

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Mcqlives said:
Yes...if we fall under that I feel that we will have confirmation that the trend has changed. I'll take that loss with the possible gains so much higher,
Click to expand...
Well here's the longer term with your exit which I decided to use. Figured today's damage was already done. Right now at resistance. Hope we can break it. These lines look ok to you?
 
Bquat said:
Well here's the longer term with your exit which I decided to use. Figured today's damage was already done. Right now at resistance. Hope we can break it. These lines look ok to you?
Click to expand...

good...but they don't apply anymore.:sick:
 
Bquat said:
Well here's the longer term with your exit which I decided to use. Figured today's damage was already done. Right now at resistance. Hope we can break it. These lines look ok to you?
Click to expand...

Aww Dont go now - I just joined the party!!!
 
Mcqlives said:
Welcome in Fab! The water is fine...just a little bloody right now.
Click to expand...

Dont worry, mate -- I'm due a well-timed move - I feel it in me bones.

Let me acquire couple of % and I'll head to shore and dock 'till April.
 
Bquat said:
Well here's the longer term with your exit which I decided to use. Figured today's damage was already done. Right now at resistance. Hope we can break it. These lines look ok to you?
Click to expand...
I think Fab1 miss read this. I was trying to say I would use 1540 as an exit line and that since we were almost 1% down the damage of the projected 1% down would of happened before my IFT would have happen, so there was no use of using it. I guess I was confusing.
 
Did we recover enought to continue the old channel? We are showing a confirmed down trend. I am hoping the bounce off 1540ish is enought of a correction for the market gods. We'll see. Luckyly the 1% was enought of a move today. Here's the chart.
 
Bquat said:
I think Fab1 miss read this. I was trying to say I would use 1540 as an exit line and that since we were almost 1% down the damage of the projected 1% down would of happened before my IFT would have happen, so there was no use of using it. I guess I was confusing.
Click to expand...

Yep...but I was worried too... when we dipped below that point (1540)I thought we were headed for 1527 today. It looks like Fab may have timed it perfectly! Now we just have to worry about initial claims putting a damper on things...
 
Seems like the buzz over Cyprus is doing its worst to shout down the market. Can take this as a good sign that the doomsayer din seems to be getting ignored so far. I am more concerned with the impending FOMC meeting...in this situation (with the technicals as they are) we need a boost of Fed Rocket Fuel to soar past 1564...and beyond.
 
Mcqlives said:
Yep...but I was worried too... when we dipped below that point (1540)I thought we were headed for 1527 today. It looks like Fab may have timed it perfectly! Now we just have to worry about initial claims putting a damper on things...
Click to expand...
Yea but I haven't timed the dips well but we'll see if dip buying brings me up past my entry. Fab did great.Hope it continues while I go bowl. The 1% move is almost done. Would be nice for shorts to cover. It's early yet.:)
 
FAB1 said:
Seems like the buzz over Cyprus is doing its worst to shout down the market. Can take this as a good sign that the doomsayer din seems to be getting ignored so far. I am more concerned with the impending FOMC meeting...in this situation (with the technicals as they are) we need a boost of Fed Rocket Fuel to soar past 1564...and beyond.
Click to expand...
It may be the market thinking QE3 unending wil continue with Europe doom around. Remember how it diped with unemployment going down thinking QE may be cut some for inflasion worries. Remember gloom is needed for free Fed money.
 
Bquat said:
It may be the market thinking QE3 unending wil continue with Europe doom around. Remember how it diped with unemployment going down thinking QE may be cut some for inflasion worries. Remember gloom is needed for free Fed money.
Click to expand...

I like the money we are making today...but I don't like how the market is acting. We may be done with this run for a while unless more money comes in soon.
 
Mcqlives said:
I like the money we are making today...but I don't like how the market is acting. We may be done with this run for a while unless more money comes in soon.
Click to expand...
I'm happy but I'm just making money back. Resistance right at the 1 % but we are above the lower high line(dark gray} so let's bull flag here.:)
 
I have you down as going 100% S on the 14. Didn't you say that in your thread? Maybe it was somewhere else.
 
I have just seen the results of the days trading - my dumbphone's battery exhausted itself quickly this morning, I thought I brought two spares - nope!

So I just kept my same allocation (100 S) glad I did. well so far. We need that Rocket Boost and maybe the Fed has paved the way.
 
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