Bquat's Account Talk

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Like I said, "I don't know what this market is doing anymore. So much strength with a show of weakness.:confused: Too bad we can't day trade in the TSP. By the time you can get in the move can be over. So bull move or exhaustion rally? I'm not getting in but I could be wrong. Too much too fast.:notrust: Could be bull trap or not.:confused:
 
Bquat said:
Like I said, "I don't know what this market is doing anymore. So much strength with a show of weakness.:confused: Too bad we can't day trade in the TSP. By the time you can get in the move can be over. So bull move or exhaustion rally? I'm not getting in but I could be wrong. Too much too fast.:notrust: Could be bull trap or not.:confused:
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I broke my own rule and got out before my line (1582) was crossed. I am not getting back in till we have 1603 as a confirmation or we bounce again off of some lower point. My profit for the year is still double digits so I will gladly stay in preservation mode to keep it.
 
Mcqlives said:
I broke my own rule and got out before my line (1582) was crossed. I am not getting back in till we have 1603 as a confirmation or we bounce again off of some lower point. My profit for the year is still double digits so I will gladly stay in preservation mode to keep it.
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You know what may be happening with increased volatility in the market could mean? A big trend reversal. Spidey is past out on a Lilly pad watching the tad poles becoming frogs and here I am wandering what's going on. So much of a chance for gain but even a chance for a greater loss. I'm not flipping that coin.:nuts:
 
Why not go all in and let this thing ride? Show no fear and don't worry about your head rolling off your shoulders.
 
Cactus said:
It's probably a buy-the-rumor-sell-the-news of the jobs report. Watch out tomorrow! :eek:
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Too bad I was out of pocket today getting vehicle inspection. I like to have conversations like this before the deadline to help others decide. Hate the deadline. They watch our moves because we are their test group.
 
You saw it here you call it here. Low volume volatility makes you wander if only price counts.:notrust:
 
Well I not the only one who missed this. I'll have to look around and see what's happening. Was dropping the dogs off to the groomer.
 
Bquat said:
Well I not the only one who missed this. I'll have to look around and see what's happening. Was dropping the dogs off to the groomer.
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My lines are out the window. Time to go back to the drawing board and try to figure this sh** out.
 
This rally extension is going to last awhile - so get back in as soon as possible. Markets do not peak on maximum overbought values, nor do they peak on maximum price momentum. A significant medium term top, possibly a very major top, is still a few more weeks down the road - or it could be months down the road.
 
Bquat said:
By the time you can get in the move can be over but like this: Since you asked nicely.
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That is real close to what I drew out as well. I have 1618 as a ceiling with 1623 as confirmation for higher. 1582 still as the floor but, in all probability, that point will move to 1596ish with todays close. So we have a new, broader and higher channel...which way do we go from here?
 
Mcqlives said:
That is real close to what I drew out as well. I have 1618 as a ceiling with 1623 as confirmation for higher. 1582 still as the floor but, in all probability, that point will move to 1596ish with todays close. So we have a new, broader and higher channel...which way do we go from here?
Click to expand...
Tiny bit higher ceiling and confirmation on higher.
 
You know while I was getting my truck inspected they had the Terminal on with Tom Hanks. The black girl in it used Spock's hand sign when she accepted the Trekie's engagement ring. I wander if she knew that she would play Spock's girlfriend in the recent Star Treks. I thought it was so cool. I never made the correlation before.
 
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