Bquat
TSP Talk Royalty
- Reaction score
- 602
Not going to enter. Hate the deadline.
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Bquat's Account Talk
- Thread starter Bquat
- Start date
Bquat
TSP Talk Royalty
- Reaction score
- 602
Thanks this train has a caboose and I'll wait for it.:blink:
Bquat
TSP Talk Royalty
- Reaction score
- 602
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:
I rather miss gain than take a loss lately. If chart is too bearish, It's just my midterm bias.:notrust:
Mcqlives
Market Veteran
- Reaction score
- 24
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
TSP Talk Royalty
- Reaction score
- 602
According to peoples moves today, I am the contrary indicator.
http://www.tsptalk.com/tracker/tsp_user_record_all.php
http://www.tsptalk.com/tracker/tsp_user_record_all.php
Bquat
TSP Talk Royalty
- Reaction score
- 602
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
Market Veteran
- Reaction score
- 24
New triangle with an even greater chance of being ugly...I may get my 5% out of this yet.
Bquat
TSP Talk Royalty
- Reaction score
- 602
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:
Bquat
TSP Talk Royalty
- Reaction score
- 602
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.
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.
