Bquat's Account Talk

[Birchtree]

And the market has only been open an hour - will today give us super gains. Somebody is missing this move. Watch the bond market as rotation picks up.

 

[Bquat]

And the market has only been open an hour - will today give us super gains. Somebody is missing this move. Watch the bond market as rotation picks up.

It can, just a hesitation at the 1% mark waiting for user input. I hope they decide bull. But you know how this QE market is. Reverse logic on good news, so let's hope the good jobs report spike isn't negated. Might not be because QE not continuing to infinity is a little factored in in this dip. So you think we'll get a stronger dollar and market continuing up at the same time soon?

 

[Mcqlives]

So you think we'll get a stronger dollar and market continuing up at the same time soon?

That's a hard one...if the EU central bank keeps up it's QE and we start to taper ours off then the dollar gains in strength bigtime...but how will the EU markets react to our QE slowing?

I like the looks of C and S for now though!

 

[Birchtree]

In my future I see a higher dollar, higher interest rates, higher inflation, stronger economy and a booming stock market. And the same applies for Europe. The only question is when - perhaps several years away.

 

[Bquat]

It can, just a hesitation at the 1% mark waiting for user input. I hope they decide bull. But you know how this QE market is. Reverse logic on good news, so let's hope the good jobs report spike isn't negated. Might not be because QE not continuing to infinity is a little factored in in this dip. So you think we'll get a stronger dollar and market continuing up at the same time soon?

Well the spike may be over.:blink:

 

[Mcqlives]

Well the spike may be over.:blink:

1636ish may be a good level to consolidate near.

 

[Bquat]

I'm thinking 1623. I'll do a chart when I get back to my laptop.

 

[JimmyJoe]

And the market has only been open an hour - will today give us super gains. Somebody is missing this move. Watch the bond market as rotation picks up.

Watching this facet of marketology, and as you've made recommendation, I've seen this hour's bond movement, down. So I'm/we're going to see the last hour of the market, our SPX move up to 1650, as I've predicted in my vesterday's post. This of course will take us to 1700 by Friday of next week, likely earlier. Another milestone it will be. Speaking of milestons along our trail, 1800 by the end of June is easily viewable by those of us with a positive attitude. Hope you all are on this coach as we ride to >25% earnings by the end of this year.

 

[Bquat]

I'm thinking 1623. I'll do a chart when I get back to my laptop.

I think we have a gap to fill. As fast as we rose I think double top. 90% of you guy disagree right ?

 

[RealMoneyIssues]

I think we have a gap to fill. As fast as we rose I think double top. 90% of you guy disagree right ?

I agree, but the sticky part is... when?

 

[Bquat]

Clean chart for today:

 

[Bquat]

I am really hoping for a down move as to get my pattern completion: I want my right shoulder.

 

[Mcqlives]

I am really hoping for a down move as to get my pattern completion: I want my right shoulder.

You are sticking with 1623 then? I think 1636 may actually be the hold line for now...

(Just trying to help you out...last time I said something like this the markets went down the next day!)

 

[Bquat]

Even though I personally want a drop. We developed into a F flag which is? Bullish until it breaks down. Still hoping this is a failure to make a higher high. You guys?

 

[ATCJeff]

.....Still hoping this is a failure to make a higher high. You guys?

Think we move through the May highs with ease.

 

[Bquat]

Think we move through the May highs with ease.

I don't know? With are economy being rated as stable, it can't be good for QE infinity. We did not pop with the news, so what does that mean?

 

[Mcqlives]

You are sticking with 1623 then? I think 1636 may actually be the hold line for now...

(Just trying to help you out...last time I said something like this the markets went down the next day!)

You are welcome!:nuts: I assume your target got hit and you are going in this morning?

 

[Bquat]

You are welcome!:nuts: I assume your target got hit and you are going in this morning?

Out of pocket, driving back home. Have to confirm not DCB first. Hopefully by reststop at right time. On the move.

 

[Mcqlives]

If it is a DCB then it was a little one (at least so far this morning). Now you have me looking at everything again!

 

[Mcqlives]

I don't see a DCB. I think this plays into your charting very nicely. Good luck getting to a good stop in time!