Bquat's Account Talk

[Mcqlives]

I have a projection off the triangle of 1809. Myself will wait for confirmation of a bounce. We are dealing with the breakdown of longer term support. I would prefer a touch of the 50 day 1800ish or the bottom of the longer term yellow channel at 1804.There is a long term higher low line (blue-green).

No entry for me today...hitting the pivot point but not breaking it. Better safe than sorry for now....

 

[Bquat]

At the 1% decision point and it backs off. No change for me today.:blink:

 

[Bquat]

No entry for me today...hitting the pivot point but not breaking it. Better safe than sorry for now....

Got this before me. Saw this after I made chart and posted. We agree.

 

[Mcqlives]

Got this before me. Saw this after I made chart and posted. We agree.

and we move after the cutoff...no confirmation yet but this may go somewhere high...1870's?

 

[Bquat]

and we move after the cutoff...no confirmation yet but this may go somewhere high...1870's?

1873-1920 maybe. I'm looking at maybe an IH&S. I don't know if this is clean enough.:notrust: I may increase my exposure if we get above the white channel.

 

[Bquat]

Testing the old but recent higher low line of the triangle from below. Would this be considered a false breakout if we get above it or am I pushing the bull?

 

[Birchtree]

Ah, The Big Valley looks so nice.

 

[Bquat]

I really starting to think of adding 25% or more with an up move tomorrow.

 

[Bquat]

Trying to show that we are back in the trading range (red top blue bottom) and a silly little mm from going bullish from the triangle this time. The open should let us know. Comments welcomed. Just remember I'm not the sharpest kid on the block.

 

[RealMoneyIssues]

Trying to show that we are back in the trading range (red top blue bottom) and a silly little mm from going bullish from the triangle this time. The open should let us know. Comments welcomed. Just remember I'm not the sharpest kid on the block.

IF it confirms above the upper trendline, with the 20 MA above the 50 MA and both rising... probably a good move

Probably a bear fake out at the 75% of the pennant, which happens occasionally... but no promises on how high it will go...

 

[Bquat]

IF it confirms above the upper trendline, with the 20 MA above the 50 MA and both rising... probably a good move

Probably a bear fake out at the 75% of the pennant, which happens occasionally... but no promises on how high it will go...

Yes, what he said.

 

[Bquat]

Trying to show that we are back in the trading range (red top blue bottom) and a silly little mm from going bullish from the triangle this time. The open should let us know. Comments welcomed. Just remember I'm not the sharpest kid on the block.

Yep we wentbullish. Now I have to wonder if we missed the move already.

 

[Birchtree]

We have the rest of the trading day to get to 1851 and beyond - after that there is nothing over head but blue sky. New all time territory to blaze is always exciting.

 

[Bquat]

We have the rest of the trading day to get to 1851 and beyond - after that there is nothing over head but blue sky. New all time territory to blaze is always exciting.

I'm going to be out of pocket but will watch via phone. Looking at the possible new channel and possible double top, I think I missed the move. Have a whole year to make profits. So I'm not making a move.

 

[Bquat]

I'm going to be out of pocket but will watch via phone. Looking at the possible new channel and possible double top, I think I missed the move. Have a whole year to make profits. So I'm not making a move.

There it is, closed right at double top. Really need a confirming up move tomorrow or this move is done. I just didn't want to change anything because I figured the up move might double top before our IFT took effect and had more than a 50/50 chance for a down day.
So didn't the new channel look right and he prediction sound?

 

[Bquat]

So, let's say your sitting here enjoying a cup of coffee and not much happening. You decide to try to figure out what's may be happening for 2014. If you delete the long term and redraw mid to short term. This came out: It covers the current channel and shows the 20 day's importance and notice how the 50 day lines up. Other than this I can't get a pulse of the 2014
market.

 

[Bquat]

Even though this would be a better buy in level than yesterday, I have an eye on pattern repeat. Testing resistance now::blink: Just guessing here maybe a 20 Day test:

 

[Bquat]

No changes for me today.

 

[Bquat]

Even though this would be a better buy in level than yesterday, I have an eye on pattern repeat. Testing resistance now::blink: Just guessing here maybe a 20 Day test:

Market is trying to make me look bad:

 

[Bquat]

Did Bernanke's speech turn the market? I didn't realize he was still pushing policy. Can't fight the Fed.