Bquat's Account Talk

[Bquat]

With the consolidation, the measured move should put the SPX at about 1828... and as usual, I am missing the move. Congrats to all the B&H folks!!

Don't give up yet. Things may be becoming nasty.

 

[Bquat]

Don't give up yet. Things may be becoming nasty.

Saved by the bell.

 

[Mcqlives]

Saved by the bell.

Lets hope for good retail exit poll numbers on Monday.

 

[Bquat]

This move lite up the switch line. We need a confirmation move above the little red candle and 1808 to go bullish and have a pattern repeat off the switch line. Still having to double click to post and can't use little icons.

 

[nnuut]

This move lite up the switch line. We need a confirmation move above the little red candle and 1808 to go bullish and have a pattern repeat off the switch line. Still having to double click to post and can't use little icons.

I had the same problems with my new computer using Windows 8.1 and IE 11, the computer is 64 bit so I downloaded WaterFox by Mozella and everything works fine. If you don't have a 64 bit computer use FireFox.
Waterfox (64-Bit) - CNET Download

 

[Bquat]

I had the same problems with my new computer using Windows 8.1 and IE 11, the computer is 64 bit so I downloaded WaterFox by Mozella and everything works fine. If you don't have a 64 bit computer use FireFox.
Waterfox (64-Bit) - CNET Download

Thanks I think it happened with the last IE upgrade.

 

[Bquat]

Boy that move kind of fizzled out. Turned the porch light back off. Switch line subdued: :C

 

[Bquat]

Boy that move kind of fizzled out. Turned the porch light back off. Switch line subdued: :C

Matter of fact we may have changed from a high to a low base even though we're back in the price range.

 

[Bquat]

This move lite up the switch line. We need a confirmation move above the little red candle and 1808 to go bullish and have a pattern repeat off the switch line. Still having to double click to post and can't use little icons.

Need 1808 to hold from above. worried

 

[Mcqlives]

It's setting up for a triangle later this week...

 

[Bquat]

It's setting up for a triangle later this week...

I could do an isometric one right now. If the bottom of the price range breaks look out. 1803ish needed to hold and 1800 confirms we're going for correction. 40/60 chance but who really knows?

 

[Mcqlives]

I could do an isometric one right now. If the bottom of the price range breaks look out. 1803ish needed to hold and 1800 confirms we're going for correction. 40/60 chance but who really knows?

Yep...I was just sitting with my rose colored glasses and was looking to the upside. This is not looking good and I wish I had followed others and bailed today. Oh well, we'll see what tomorrow will bring.

 

[Mcqlives]

But cybermonday stats are coming in over 20% up from last year...this could play out very nicely.

 

[Bquat]

Yep...I was just sitting with my rose colored glasses and was looking to the upside. This is not looking good and I wish I had followed others and bailed today. Oh well, we'll see what tomorrow will bring.

You posterior was saved by an 11 day buy. We officially have a lower high and at the lower low. More down side is 50/50 now. If you have a good coin, you better use it. Now for your last comment: Good news could be bad. There was some tapering talk today. We didn't reach the top of the orange channel which may be considered midterm weakness.

 

[Bquat]

Had to set up my artificial reindeers today. I guess Santa had to borrow my real ones. His for delivery and another set to pick up donated toys. Times are ruff and part time elves can't work holidays.

 

[Cactus]

But cybermonday stats are coming in over 20% up from last year...this could play out very nicely.

Which means we can tapper back on QE and the market will tank. But then I'm a the glass is 3/4 empty and the rest will be taxed away kind of guy.

 

[Mcqlives]

You posterior was saved by an 11 day buy. We officially have a lower high and at the lower low. More down side is 50/50 now. If you have a good coin, you better use it. Now for your last comment: Good news could be bad. There was some tapering talk today. We didn't reach the top of the orange channel which may be considered midterm weakness.

And your yellow line was broke this morning...I am beginning to see the possibilities of hard breakdown here. 1726ish even (OUCH!) I am strongly thinking of bailing till I see which way this goes but at the same time I am seeing a chance that we will bounce off the 20 and it will all play out by tomorrow morning. Another hour and a half to decide...

 

[Bquat]

And your yellow line was broke this morning...I am beginning to see the possibilities of hard breakdown here. 1726ish even (OUCH!) I am strongly thinking of bailing till I see which way this goes but at the same time I am seeing a chance that we will bounce off the 20 and it will all play out by tomorrow morning. Another hour and a half to decide...

The bulls are trying. You can tell this by the tails on the bottom. The bears are currently winning because of the lower highs and now lower lows. The current fight is at the 11 day. We have a 50/50 chance of the 20 day holding and I may move my buy up to 1774 which is 61.8 fib.
With current action the yellow channel has a 40/60 chance of holding. No trust though because the bottom of the white channel is acting as resistance.

 

[Bquat]

Now we wait until the market determines this is a low base forming.

 

[Bquat]

My H&S prediction has been met but the down candles are increasing in length. Look out my little buddies. The bottom of the yellow channel has been tested as resistance and we are dropping.