Bquat's Account Talk

[Bquat]

Calling a new switch line an I'm OK line. I would like to get back above it. We are below the 50 day and I think our momentum is up.:notrust: I think the angle of descent is slowing.

 

[Bquat]

I'm OK line tested as resistance and JTH Pivot testing as support. You know which one we want to win todays battle. Another coin toss day in reality.

 

[Birchtree]

The danger in volatile market lies not just in the volatility itself, but also in how investors react to it.

 

[Bquat]

The danger in volatile market lies not just in the volatility itself, but also in how investors react to it.

Larger swings can indicate a change in direction coming in market. Increased volatility is showing the battle for lower low is being fought. Yea what he said. Sure wish I could us a stop at 1668 for the event that I could be wrong. Too bad TSP can't give us stops.

 

[Bquat]

I'm ok broken, channel broken, and lower high line broken. Triple whammy. So let's go.:blink:

 

[Bquat]

I'll be happy if JTH Pivot breaks again and holds from the top.

 

[Bquat]

What if I were to make I'm ok as a 1 % channel with higher lows waiting for the higher High? Ah yes my never ending dream state.

 

[Mcqlives]

What if I were to make I'm ok as a 1 % channel with higher lows waiting for the higher High? Ah yes my never ending dream state.

For me, I have to see and intraday break of the 1692 with a close of 1688ish for me to see a bull run. Too much downside risk. I heard that some of the
big trading houses are even setting it up so their sell stops have to be manually verified for trades to go through.

 

[Bquat]

For me, I have to see and intraday break of the 1692 with a close of 1688ish for me to see a bull run. Too much downside risk. I heard that some of the
big trading houses are even setting it up so their sell stops have to be manually verified for trades to go through.

I'm contrary to that. If the 50 day holds again, I'm thinking for an upside pop that we're coiling up for. Forth time the charm on JTH Pivot. We're still dealing with 1 % moves. You normally call direction better.:blink:

 

[Bquat]

Does the chart help you at least.

 

[Bquat]

:cheesy:Things have slowed down so much, it's like churning butter waiting for the move.

 

[Mcqlives]

Does the chart help you at least.

I like the chart...I just think that DC is going to leave a big brown stinky smear (not bull manure, either) over everyone's chart.

 

[Bquat]

I'm contrary to that. If the 50 day holds again, I'm thinking for an upside pop that we're coiling up for. Forth time the charm on JTH Pivot. We're still dealing with 1 % moves. You normally call direction better.:blink:

You called direction better. Glad I'm only 50% in. Looking for dip buying to come in.

 

[Mcqlives]

Breakdown happening...but is it enough to continue down or is this the floor being established with the beginnings of a run back to 1700-1710ish?

 

[Bquat]

Breakdown happening...but is it enough to continue down or is this the floor being established with the beginnings of a run back to 1700-1710ish?

I'm wanting the run back up. 61.8 Fib retracement satisfied and higher low line satisfied. So watching am I, yes?

 

[Mcqlives]

I'm wanting the run back up. 61.8 Fib retracement satisfied and higher low line satisfied. So watching am I, yes?

broke the fib...hope for a hold around 1655ish

 

[Bquat]

broke the fib...hope for a hold around 1655ish

Working on it, "Just a damn minute Captain":laugh:

 

[Bquat]

Working on it, "Just a damn minute Captain":laugh:

Minute is up. Had to release the warp core and waiting for the impulse engines to get us going. As I go off to bowl, I hope we get out of this hole.:worried:

 

[Dutchy]

Thanks for posting Bquat. That's a nasty looking chart right below, hope Market will find support before 1630 area..

 

[Mcqlives]

Minute is up. Had to release the warp core and waiting for the impulse engines to get us going. As I go off to bowl, I hope we get out of this hole.:worried:

You may have your bounce at 1646 but I'm not biting. This market has as much or more downside potential that upside for now. I'll wait for, hopefully for me, a lower buy in