Bquat's Account Talk

[Bquat]

Somebody give me an 1803. I don't trust this yet and I will wait to see a push. 10 min :notrust:

Not going to enter. Hate the deadline.

 

[Birchtree]

I find it exhilarating running in front of the Grand Trunk - SPX of 1808 today or better. Lots of time left for the hoofhearted to buy their favorites.

 

[Bquat]

I find it exhilarating running in front of the Grand Trunk - SPX of 1808 today or better. Lots of time left for the hoofhearted to buy their favorites.

Thanks this train has a caboose and I'll wait for it.:blink:

 

[Bquat]

Yes, I am looking bad here.:embarrest: But I don't jump right at the deadline. Is the move over or am I wrong? Oh well, I'm just one sick puppy that has been burnt by good news being bad before. I rather miss gain than take a loss lately. If chart is too bearish, It's just my midterm bias.:notrust:

 

[Bquat]

I'm still going with the thin brown lines. But I'm probably wrong for you that are long. So hope the orange channel is good.

 

[Bquat]

I'm trying to get back to the contrarian indicator to help you guys.

 

[Bquat]

Did we fall out of the high base.:blink: Don't make me capitulate. :notrust:

 

[Bquat]

More people watching the site this morning. This increases my chances of being right. More are worried about direction. Now if I can get the market to believe. Small gap from yesterday is filled and we're below the high base.

 

[Bquat]

I may be biasing and pushing my own agenda because I'm out. So note my bias when you decide today but my new spider has been lucky. :notrust:

 

[Mcqlives]

More people watching the site this morning. This increases my chances of being right. More are worried about direction. Now if I can get the market to believe. Small gap from yesterday is filled and we're below the high base.

We are the same place as the end of November...same conversations going on with the addition of the government looking at another shutdown. I am staying out till we get a direction as I am still concerned with the chance of a 5% fall.

As for the shutdown, most are saying that congress can't be so stupid as to do it again. I still have faith that they are indeed stupid enough to do it again

 

[Bquat]

Bottom pink line tested as resistance and now below double resistance. Good luck. :worried:

 

[Bquat]

According to peoples moves today, I am the contrary indicator. http://www.tsptalk.com/tracker/tsp_user_record_all.php

 

[Bquat]

Best hope we don't break downward again tomorrow.:worried:
1800 is the key.

 

[Bquat]

Something new, budget deal could change S&P +10 points. Should I redraw. It may increase the chances for tapering.

 

[Bquat]

Best hope we don't break downward again tomorrow.:worried:
1800 is the key.

Well my descending triangle worked and now to watch if the H&S works. If the 20 day doesn't hold and is only hesitation, look out.:worried: Too bad I'm off to senior bowl. I will he my phone but can't chart. New spider is keeping me happy.

 

[Mcqlives]

Well my descending triangle worked and now to watch if the H&S works. If the 20 day doesn't hold and is only hesitation, look out.:worried: Too bad I'm off to senior bowl. I will he my phone but can't chart. New spider is keeping me happy.

New triangle with an even greater chance of being ugly...I may get my 5% out of this yet.

 

[Bquat]

Now everyone must decide if 2% is good enough of a correction or we go to 3%.:worried: Do you think the line in sand will hold again? I'm looking at the 50 day as a magnet. You? Do you feel lucky? Go figure TA is working or is it the fear of a S&P down grade and tapering both. There' no debt ceiling or sequester to curtail spending with the deal. :suspicious: Hot off the press:

 

[Geaux4it]

I wish the correction had come this past Friday. Instead, good job numbers which indicate taper, sent the market off to the races. Today? taper noise causes sell-off. Go figure.....

Me hopes big money is just trying to shake off the chuff

-Geaux

 

[Bquat]

Ok, if I were to do a "JTH" on the longer term we don't have much more down. I hope he doesn't get upset being used as an action verb. So I use the third line as my switch line. I don't think this is biased. I left my H&S out. So in essence we are still in the top half of the longer term and getting ready to test the 50 day and midline as support.

 

[Bquat]

Heads up. The H&S projection is past both the midline and 50 day.:worried: I'm just hoping for the 50 day to hold.:notrust: Didn't want you to think I forgot the H&S. I was just showing you the unbiased version.