Bquat's Account Talk

[polarbear]

Yeah man, a bounce. We're on a crazy train now.

 

[Bquat]

I don't know what to think now. 1% quick move up and the market does it's 1% pause and look move and then back down. Possible double top at pink line. I don't even know if I want to risk this volatility. Could be big money quick buy to draw dumb money in and then sell.:suspicious: Now I have to wait on the pink line. The move could be over all ready.

 

[Bquat]

If we do stop here this is a lower high.:worried:
Double Pink?

 

[Bquat]

The spike on the left had three red candles after it. Why not the one on the right. Righty tidey sitting tighty.:nuts:

 

[Mcqlives]

If we do stop here this is a lower high.:worried:
Double Pink?

I liked how the futures played out last night but am not happy with this mornings action. I penciled in a futures bounce right around 1767 but this mornings data should have pushed and held, the SNP up by 18-20 points. This 1792 ceiling has me concerned this morning. Are people just worried about tapering which is holding this back or is this computer models at work? I am considering getting in but can't get a feel for which is happening this morning.

 

[Bquat]

I liked how the futures played out last night but am not happy with this mornings action. I penciled in a futures bounce right around 1767 but this mornings data should have pushed and held, the SNP up by 18-20 points. This 1792 ceiling has me concerned this morning. Are people just worried about tapering which is holding this back or is this computer models at work? I am considering getting in but can't get a feel for which is happening this morning.

Remember at 1% gains the program waits for user input. After this real direction may be indicated, but in our case it's after deadline where direction is confirmed. You could try 50%. Let me know now.

 

[Bquat]

Flipped the coin. Tails no entry.:blink:

 

[Mcqlives]

Remember at 1% gains the program waits for user input. After this real direction may be indicated, but in our case it's after deadline where direction is confirmed. You could try 50%. Let me know now.

I stayed out...Wed is playing too much of a role in the action today. I can't read it at all...

 

[OBXTrader]

I pulled some short term profits off table (see my account talk). I only entered Dec 11/12 and now low exposure with a little on table.

 

[Bquat]

I stayed out...Wed is playing too much of a role in the action today. I can't read it at all...

I have over 5% gains this year that I'm trying to protect.:embarrest:

 

[Mcqlives]

I have over 5% gains this year that I'm trying to protect.:embarrest:

ditto with about 16

 

[Bquat]

Last night the descending triangle met it's projection in futures and bounced.You think we might get a repeat tonight? I think we're in a down trend but does the market. Looking at people entering today, has me a little concerned that I may be missing something. Increased volatility sometimes happens with change of trend direction. As much flip-flopping I've been doing I figure I should not enter. So state your side of things. I may be out of pocket tomorrow, so it's probably good I'm out. Ignore the yellow triangles and then the chart is unbiased.

 

[Bquat]

Descending triangle projection met. Now what?:worried: I fear for more down. Glad I didn't enter, for now.

 

[Bquat]

I'm back home for about 15 min.

 

[Bquat]

Still in my flip-flopish mode but if I were to bias right now I would be a little concerned. We have passed some bottoming tails.:worried: Just me.:notrust:

 

[Mcqlives]

Last night the descending triangle met it's projection in futures and bounced.You think we might get a repeat tonight? I think we're in a down trend but does the market. Looking at people entering today, has me a little concerned that I may be missing something. Increased volatility sometimes happens with change of trend direction. As much flip-flopping I've been doing I figure I should not enter. So state your side of things. I may be out of pocket tomorrow, so it's probably good I'm out. Ignore the yellow triangles and then the chart is unbiased.

Another triangle forming up around 1782...this may just be another channel to bounce around in but I am 60/40 that the trend is down. Tomorrows fed will mean so much and there is no way we can get a heads up. THIS SUCKS!

 

[Bquat]

Market is coiling for bigger move. The little angle fish should break in the direction of the trend which is down I think. So everyone may be hesitating while waiting for the Fed. announcement. So anything I think may be mooted by the fed. Here's the chart anyway:

 

[uscfanhawaii]

Hey B, isn't it time to jump off the lily pad?!? 2 months is 2 long. Time to buy the dips, even if dollar cost avg'ing in! :nuts:

 

[Bquat]

Hey B, isn't it time to jump off the lily pad?!? 2 months is 2 long. Time to buy the dips, even if dollar cost avg'ing in! :nuts:

I just don't think the bottom is in yet. I also done think I missed much gain since my exit on the 18 of last month. I may chance the Fed and enter tomorrow for their 7 billion buy on Thursday. Thinking. Maybe somebody will post a bullish chart in my thread. Hint JTH RMI JJ

 

[Bquat]

Maybe Ben will say something nice for his exit. Maybe they won't mention tapering in Christmas season. What are the odds?