Bquat's Account Talk

[Bquat]

Like I said, "I don't know what this market is doing anymore. So much strength with a show of weakness. 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.

Ditto.

 

[Bquat]

It is a high base building which is a good thing. I'm not fibbing. Ok, Fib. retrace.

 

[FAB1]

every cloud has a silver lining

we didnt buy the F fund.

 

[JimmyJoe]

1616 a high base indeed. I took a fat bank check to Scottrade today. I believe in this market. SPX 1650 in a few weeks. I said at the first of the year that I was going to make 20 to 25% this year. I'm at 12% right now. In January I said I was going to "will" this market higher. That I did... That I did.

 

[Bquat]

Well I had us above resistance in a high base building a bull flag. This was all bullish, but at EOD we fell below support and the bull flag. I could redraw but I'm going to stick with this because I, for maybe one, don't trust this last rally. Then again who am I? The confused puppy.:worried:

 

[Bquat]

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:

I still feel Friday was an exhaustion move or bull trap. Don't wake Spidey up. This is only my opinion but I be sticking to it. Low volume, increased volatility (market swings of 100 or more in Dow) may be signaling change in trend.:worried: Ok, break time for me. As always contrary ideas welcomed. 1540 maybe?

 

[Birchtree]

This market is starting to show a propensity to inflict pain on the greatest number of players that refuse to capitulate to the bullish trend. And more pain will be evident during this week.

 

[RealMoneyIssues]

This market is starting to show a propensity to inflict pain on the greatest number of players that refuse to capitulate to the bullish trend. And more pain will be evident during this week.

I find it interesting how bullish JTH has become recently... Interesting, nothing more.

 

[JTH]

I find it interesting how bullish JTH has become recently... Interesting, nothing more.

Hold up now, what is it that makes me so bullish? Of note, I'm in the F-Fund and have a hedge in TZA. I do hold positons in BPZ & OSH but only because I'm under in them. The market does have a decent chance of going up to 1630 this week, but I'm not likely to catch any of that move if it happens.

 

[Mcqlives]

Unbelievable today. Where will it end? I don't know but all my pencil pushings for the past week are out the window. I would like to buy in on a down day so, if 1614-1617 is hit in the morning and holds I think I am going in again. Thinking 50/50 C and I.

 

[Bquat]

Back from VA appointment. All fluid levels ok but did gain 10 pounds this year.Thought I would at least provide a chart. Went back in time and relined the yellow line. Sometimes the lines change a little from the larger time frames. So maybe this is better because price action is better compared to where the line is. Still a high base that I don't trust. The more we consolidate through time increases the chance I'm wrong.

 

[Bquat]

Unbelievable today. Where will it end? I don't know but all my pencil pushings for the past week are out the window. I would like to buy in on a down day so, if 1614-1617 is hit in the morning and holds I think I am going in again. Thinking 50/50 C and I.

How you know I we typing at the same time. I'm in lack of trust mode so don't push my button. How 1590-99 acts is the key, unless your trusting this high base. If you are you should of got in today. It was weird this time when good news came in and the investors didn't have fear of QE infinity ending.

 

[Mcqlives]

How you know I we typing at the same time. I'm in lack of trust mode so don't push my button. How 1590-99 acts is the key, unless your trusting this high base. If you are you should of got in today. It was weird this time when good news came in and the investors didn't have fear of QE infinity ending.

I don't trust this new base either...that is why I want it tested. Right now my lines are 1582, 1597ish and 1615ish. If one of those holds with strength we should be off to the races...again.

 

[Bquat]

I don't trust this new base either...that is why I want it tested. Right now my lines are 1582, 1597ish and 1615ish. If one of those holds with strength we should be off to the races...again.

You may get your wish. We're in a F pattern which is bullish until it fails. If it fails this will be a tweezers top reversal.:worried: Hope the white line holds.

 

[Mcqlives]

You may get your wish. We're in a F pattern which is bullish until it fails. If it fails this will be a tweezers top reversal.:worried: Hope the white line holds.

Nice bounce around 1617 but I am still reluctant to believe in this...now we are in a narrow channel with the appearance of a flat top head forming all on low volume. I don't like the set up...

 

[Birchtree]

Technically for the health of any uptrend there must be times of consolidation and the high liquidity rates won't allow this to happen in a natural fashion.

 

[Bquat]

Nice bounce around 1617 but I am still reluctant to believe in this...now we are in a narrow channel with the appearance of a flat top head forming all on low volume. I don't like the set up...

We're still only a little over 2% above where I got out at least in this fund. I still don't trust the little volume only price counts of this hopefully last part of this rally.

 

[Bquat]

Are we setting up for the post deadline bigger move? Hate the deadline. Hope the move comes soon.:notrust:

 

[Birchtree]

The Transports are currently setting new all times highs and will undoubtedly pull the rest of the market higher. I see where the Nikkei is now up more than 36% in 2013 to date. Catch the wave.

 

[Bquat]

The Transports are currently setting new all times highs and will undoubtedly pull the rest of the market higher. I see where the Nikkei is now up more than 36% in 2013 to date. Catch the wave.

I'll just wave.