Bquat's Account Talk

[Mcqlives]

I think 1832.50 or maybe I can exit on my last exit point. With today's up move I want to catch a pre-holiday drift up until Friday.

1831 and 1844ish have to fall to sustain a bull. Good luck! (I was thinking about getting out with my 1.5% (hopefully) gain at the close today but decided to ride it based on you and JTH and reading Yellen and House comments).

 

[GUCHI]

Bichonfreeze
just a quick comment . i took out a general purpose loan 3/2011 and did well with it. at that time things were in a slump and when you pay back ever 2 weeks it goes to your account. so i was pumpimg more than double my regular contribution paying back my loan to myself. i knew i wanted to retire May 2014 or there abouts so i needed to pay it off or face big capital gain charge, so i did payoff 10/2013. and that really made my account jump up. theres pros and cons but it worked well for me. i say thumbs up...

 

[BichonFreeze]

Bichonfreeze
just a quick comment . i took out a general purpose loan 3/2011 and did well with it. at that time things were in a slump and when you pay back ever 2 weeks it goes to your account. so i was pumpimg more than double my regular contribution paying back my loan to myself. i knew i wanted to retire May 2014 or there abouts so i needed to pay it off or face big capital gain charge, so i did payoff 10/2013. and that really made my account jump up. theres pros and cons but it worked well for me. i say thumbs up...

That's the thing, while I don't have much in my account I could see the market being weaker come October meaning I won't be losing out on too much gains from pulling it out of TSP.

I don't know there's still a lot of time between now and October, and I'll have to find a house too of course. Either way thank you for your comments.

 

[Bquat]

1831 and 1844ish have to fall to sustain a bull. Good luck! (I was thinking about getting out with my 1.5% (hopefully) gain at the close today but decided to ride it based on you and JTH and reading Yellen and House comments).

If the 50 Day holds as support. The ladder you like so well:

 

[Bquat]

Zoom in:

 

[Bquat]

Off to bowl I go. I would rather the market builds a high base right here and wait for my entry.

 

[Bquat]

Well I'm in to win. Here's the chart: I'm glad we have a rung for support above the 50 day. I may have to widen the ladder for a little room for some sideways movement.

 

[Mcqlives]

Well I'm in to win. Here's the chart: I'm glad we have a rung for support above the 50 day. I may have to widen the ladder for a little room for some sideways movement.

Wow...I was not expecting that much movement today. I guess the markets really like yellen.

 

[Birchtree]

Yes sir, that was a classic W bottom. 30 more SPX points and there is no resistance. This current trajectory looks pretty well set for more new all time highs. You couldn't give me any F fund at this point even if it were free. Market valuation - not market level - is what historically has mattered to future returns.

 

[Bquat]

Wow...I was not expecting that much movement today. I guess the markets really like yellen.

Yes they did and when she said that we weren't in a stock bubble the market took off. I would like a test on the rung or some sideways movement to build strength for the next level. You never know shortscan capitulate like me and we can pop. Most likely a little pull back in the morning and then back up.

 

[Bquat]

I will be out of pocket today. So watch that 20 Day turn:

 

[Bquat]

Well I'm in to win. Here's the chart: I'm glad we have a rung for support above the 50 day. I may have to widen the ladder for a little room for some sideways movement.

Didn't widen, I re-angled:

 

[Bquat]

Yes they did and when she said that we weren't in a stock bubble the market took off. I would like a test on the rung or some sideways movement to build strength for the next level. You never know shortscan capitulate like me and we can pop. Most likely a little pull back in the morning and then back up.

Well, I'm trying to be a real American genius here.:cheesy:

 

[shitepoke]

Any concern about finishing below SPX 1820? Noticed several graphs showing it as important resistance...

 

[Bquat]

Any concern about finishing below SPX 1820? Noticed several graphs showing it as important resistance...

You're scaring me. I think we'll be fine. I would love to call this a high base or bullish pendant but it can be a descending triangle. Not coming back down to the 50 day has me less concerned.

 

[Bquat]

Any concern about finishing below SPX 1820? Noticed several graphs showing it as important resistance...

I'm also thinking 1815 is support.

 

[Bquat]

Zoom in:

 

[Bquat]

You're scaring me. I think we'll be fine. I would love to call this a high base or bullish pendant but it can be a descending triangle. Not coming back down to the 50 day has me less concerned.

I guess a test of the 50 day happened in future market.

 

[Bquat]

Now to figure if I want to add to my position, since the 50 Day was tested from above.

 

[Bquat]

I'll just wait until the yellow lower high line is broken before adding to my position. Perhaps 1853.