Bquat's Account Talk

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I didn't really based things on the job support. The S&P has been dipping on new highs and when we didn't close at the low point I was expecting a buy in. The spike and drop happens with jobs reports but now the true market trend should reveal itself. Even if we move sideways out of the channel we'll be fine. Just don't break 1882 to make a new lower low.
 
I hope that 5 day gets here soon. It's like we're playing with fire but this short term double bottom should help.:suspicious:
 
Bquat said:
I didn't really based things on the job support. The S&P has been dipping on new highs and when we didn't close at the low point I was expecting a buy in. The spike and drop happens with jobs reports but now the true market trend should reveal itself. Even if we move sideways out of the channel we'll be fine. Just don't break 1882 to make a new lower low.
Click to expand...

Like it just did...and I missed the deadline. Oh well, maybe monday will be up.
 
None of the moving averages wanted to save me. Note to self "Listen to JTH a little more.":embarrest: It could of been worse, I could of been 100% in.:toung:
 
BooDog said:
Hey B, I stalk around, including you when I'm on the verge of making a move. Think i called the double bottom last time i was here right on the mark. Now, the markets aren't showing much enthusiasm of breaking out. DOW did break the double top from December but, as you mentioned, it's not sticking. So moving some back to the G. Knowing we only have a limited number of trades really erks me so if we only see a bit of a pull back and being that tomorrow is Friday we could imo, Monday we could go in either direction. Tough call so 50% sounds about right. I'll be leaving 25% and move up to 50 - 75% tomorrow or Monday depending on how things look. This is supossed to be a bullish year but imo, for the most part, it's missing.
BTW, I do like your TA. One leg at a time I'll be moving forward.
Click to expand...

Well then. I should have stuck to my plan Bquat and done what I set out to do. It is a pain not being able to be liquid when we only have 2 moves. As I mentioned in a post after this one I also stuck it out and stayed in with my 50%. Maybe extend your charts out to the dip in February. Those are the lines I'm watching. Futures can't be relied on that much imo. They tend to fake out and just attempt to play on emotion half the time.
Good luck!

Edited: Russell and nasdaq already broke February's lines, I was looking at the S&P and the DOW.
http://www.finviz.com/
http://stockcharts.com/c-sc/sc?s=$INDU&p=D&yr=0&mn=3&dy=0&i=p52377400381&r=1396863463325
 
Last edited:
Bquat said:
None of the moving averages wanted to save me. Note to self "Listen to JTH a little more.":embarrest: It could of been worse, I could of been 100% in.:toung:
Click to expand...

Yeah....100% in hahaha..... :(. With 1 IFT left, I don't want to trade out and lose out on any gains later in the month, then again I don't want to lose that much more.
 
BooDog said:
Well then. I should have stuck to my plan Bquat and done what I set out to do. It is a pain not being able to be liquid when we only have 2 moves. As I mentioned in a post after this one I also stuck it out and stayed in with my 50%. Maybe extend your charts out to the dip in February. Those are the lines I'm watching. Futures can't be relied on that much imo. They tend to fake out and just attempt to play on emotion half the time.
Good luck!
Click to expand...
Well futures were down and may now be rising. A little more dip may line up us with what I now have:
 
Is this a buy the dip day?:confused: I don't know but I have my dream chart::cheesy: Need to get back to 1866.
 
Anyway since I already look stupid, I might as well stay for the 50 day test if we don't bounce: Or if this is a DCB.:sick:
 
Big moves Bquat, hard landings. Looks like deeper pull back but a hold and rebound would not surprise me. But thats not a risk off answer.
 
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