Bquat's Account Talk

[Whipsaw]

Thanks Bquat, I was ruminating along the same lines... this also maintains alignment with a bounce and a move lower. Will be holding position as well.

 

[Bquat]

Thanks Bquat, I was ruminating along the same lines... this also maintains alignment with a bounce and a move lower. Will be holding position as well.

Wow we crossed posted at the same time.

 

[nnuut]

I'm still 80% "G" and 20% "F" and stickin'. The FED will say anything to cool the markets, but how long will it last? I think the charts are saying they need to drop more in order to call this a correction, but WHAT DO I KNOW?:laugh:

 

[Bquat]

I'm still 80% "G" and 20% "F" and stickin'. The FED will say anything to cool the markets, but how long will it last? I think the charts are saying they need to drop more in order to call this a correction, but WHAT DO I KNOW?:laugh:

Glad to see you more cautious this year: May we both do good this year.:nuts:

 

[Birchtree]

My feeling is the Fed will not taper its' taper and hold at $75 billion - this will be good for three months - no need to hurry. It's simply a good buying opportunity.

 

[Bquat]

My feeling is the Fed will not taper its' taper and hold at $75 billion - this will be good for three months - no need to hurry. It's simply a good buying opportunity.

Don't worry Birch. I'll probably be 50% invested and take the risk by Friday to save two moves for February.

 

[nnuut]

Glad to see you more cautious this year: May we both do good this year.:nuts:

I don't post my Market opinions very much, afraid someone might actually follow me! Please DON'T!!:worried:

 

[Bquat]

Coiling upfor Fed announcement:

 

[Mcqlives]

I am thinking we could hit 1771-72ish again tomorrow and that this may develop as a base. This may be wishful thinking on my part but if I am right you may have another rung in there by tomorrow afternoon.

A day later than I initially thought it would happen but I may have actually been right for once!

 

[Bquat]

Since there was no real break down today and the Fed factored in, things are looking better. I subdued my ladder so you can see my green decision line, which has finally been touched, as maybe the base for the H&S. We may be close enough to my light blue double bottom and may go up from here. I think risk reward is better than 50/50. With being 1% more down and the green line as the base and the upper green line is the shoulder there may be a chance for 3% gain. Now to decide to jump or not. I will watch first.:notrust:

 

[Bquat]

Chart for tomorrow with ladder subdued because it may not be primary:

 

[Mcqlives]

Chart for tomorrow with ladder subdued because it may not be primary:

I like! Thinking of going in tomorrow just to be in for February...and this adds to my willingness to do so!

 

[Bquat]

I like! Thinking of going in tomorrow just to be in for February...and this adds to my willingness to do so!

Some of the videos I reviewed has my green line higher and that it is now resistance. So keep an eye open. So it can go either way. If I enter it will be 50% or 25%. A couple sites had 1775 as a critical support area.:worried: Surprisingly my rung was right there.

 

[Whipsaw]

Hey Bquat! We beat the morning stock climb noon deadline head fake! Every once in a while...

 

[Bquat]

Hey Bquat! We beat the morning stock climb noon deadline head fake! Every once in a while...

The big pop and drop in futures made me nervous. But to be honest I got over excited by the futures being up big time and JTH gave a heads up being concerned about the fast move. He's good about being in and not afraid to point out something not going his way.

 

[Bquat]

Swing Trade Stocks | Learn Swing Trading with InTheMoneyStocks and Broad Market Where I got my heads up for tomorrow.

 

[MaStA]

I hooked you up with my 100th like

Now I'm waiting for that lunch in El Paso you promised me. haha j/k

 

[Mcqlives]

Some of the videos I reviewed has my green line higher and that it is now resistance. So keep an eye open. So it can go either way. If I enter it will be 50% or 25%. A couple sites had 1775 as a critical support area.:worried: Surprisingly my rung was right there.

1790ish might have been it...and you have a rung near there as well.

 

[Bquat]

Not quite yet. Another lower high set again today. Here's the possible channel: Still possible lower low coming. 1796 still needs to be broken as confirmation.:worried:

1/27/14 Sticking with this because the trading range is still a low base and I'm in either confusion or denial.:suspicious: Still thinking of entering for February 25% to 50% but I'll wait for Friday (maybe).

 

[Bquat]

1790ish might have been it...and you have a rung near there as well.

Yeah a new lower high. Dropped the ladder to watch the moving averages to see if the 11 and 20 days cross the 50 to make short term bearish. I like my green decision line but the analysis videos have me concerned. I would like to be in for Feb. but a little unsure. Really have to figure risk reward ratio and this is new territory not having any real corrections for a year. The market needs one but don't know if it wants to do it yet. That would be another 5% in the DOW.