Bquat's Account Talk

[Bquat]

Ok, drum roll into today's market.

 

[Bquat]

Ok, the battleline is drawn. Now somebody wake up Birch and his buddies and buy.

 

[Bquat]

This is different. Building high base while the programs are waiting for user input to proceed with a buy.

 

[Bquat]

We are coilled and ready to go.

 

[Boricua]

Bquat,

What would you suggest for me to read, to learn how to read these charts as you and others do?

thanks,

boricua

 

[Bquat]

Bquat,

What would you suggest for me to read, to learn how to read these charts as you and others do?

thanks,

boricua

Look up isometrical triangles, ascending triangles, desending triangles, and wedges. I also watch JTH's charts, and watch these.
http://www.perfectstockalert.com/markets/market-analysis.html
Free Online Trading Education
Oscar Carboni | Home daily video

And practice here:
FreeStockCharts.com - Web's Best Streaming Realtime Stock Charts - Free

 

[Bquat]

Testing resistance as support for new high.:worried:

 

[Bquat]

1565 is now resistance tested as support and now let's see shorts cover. Here you go Nnuut happy birthday.

 

[Bquat]

Ok McQ check in. Now you see my pop and drop column. The pop worked and now I have to worry about the drop line. You think 1565 will be strong support? JTH?

 

[Bquat]

Some are taking profit at this new level but I don't think it will last. I don't think the bulls will let the bears short this new high. But you know me I used to be wrong. Now we're still testing the new powerful me. Hope that not a hog statement.

 

[Bquat]

I'm going to trust the 1565 as support and staying in.

 

[JimmyJoe]

1565 is now resistance tested as support and now let's see shorts cover. Here you go Nnuut happy birthday.

Great stuff. The candle has been lit.

 

[nnuut]

We need one of those 3% days to make me happy, but I'll take what I can get!

 

[FAB1]

We need one of those 3% days to make me happy, but I'll take what I can get!

But you just might find youll get what you need!

 

[nnuut]

But you just might find youll get what you need!

The TRUTH when I need it!!! YES!

 

[Bquat]

Post deadline action was scarry wasn't it? I think we should be good now.

 

[Birchtree]

I think we could see 1570 fall end of day - that'll give mom and pop reason for a conversation. The markets do like to do what most people don't expect and the indicators are sitting with the bulls for now.

 

[Mcqlives]

Ok McQ check in. Now you see my pop and drop column. The pop worked and now I have to worry about the drop line. You think 1565 will be strong support? JTH?

I was out for a few hours and missed the fun today but...

Yes, 1564-65 is now strong support and confirms 1546 as my out line. We should break 1570 within the next 1/2 your but may not hold it for close. Regardless, this is setting up very nicely as long as bad news doesn't crap on it.

I like your short list for educating ourselves...this could be added to a little bit but maybe it should be part of a tsptalk welcome package for new members. Tom? If you're out there, whatchatink?

 

[FAB1]

I was out for a few hours and missed the fun today but...

Yes, 1564-65 is now strong support and confirms 1546 as my out line. We should break 1570 within the next 1/2 your but may not hold it for close. Regardless, this is setting up very nicely as long as bad news doesn't crap on it.

I like your short list for educating ourselves...this could be added to a little bit but maybe it should be part of a tsptalk welcome package for new members. Tom? If you're out there, whatchatink?

Oh Lord, dont encourage him -- next thing you know Beequat will have his own "premium service"

 

[Bquat]

This is what I have: I think we're above resistance and the recent channels.