Bquat's Account Talk

[WorkFE]

That's the reason I'm still hanging on. The day after my last IFT, the S fund will sky rocket and make me feel a fool.

Well then get out so I can save a little money on my exit

 

[Bquat]

You might feel stupid, but you don't look stupid, you like a spider

Thanks OK, this may not be an IH&S but with a little more drop the green lines may become a channel and is trending up. Spidey is saying his web is stretching almost to it's break point he is holding for the 50 Day.

 

[Bquat]

Have to go for a while. In the watch mode anyway.

 

[Bquat]

Shh, quiet please, thread is currently inactive while Bquat is looking for longer term support. Please standby for new chart.

 

[Birchtree]

There is the possibility that we will be back in uncharted territory before you can go tell it on the mountain - bull markets always surprise to the upside.

 

[Bquat]

I don't know if the damage is done. Here's the charts:

 

[Bquat]

Are we done yet? I think so::notrust:

 

[Bquat]

We need 1853 today for a higher high.

 

[BichonFreeze]

Are we done yet? I think so::notrust:

Could be the calm before the storm...I'd rather hold then sell at this point though.

 

[Bquat]

Could be the calm before the storm...I'd rather hold then sell at this point though.

You don't have a loss until you sell at least that's what Birchtree says. At least I'm only 2% down and can double my allocation and negate that if I time it right. I'm kinda looking at 1853 for an intraday higher high but may wait until tomorrow to look for confirmation.

 

[BichonFreeze]

You're definitely in a better position than me. And you certainly can't go wrong with the BT logic, they are just unrealized losses / gains until you cash it out.

 

[Bquat]

Previous resistance may now become support. A test of this level as support would be nice:

 

[Bquat]

No change in allocation for me today. Confirmation line needs to be broken to be above dead cat bounce level. It does look good enought for me to save my last IFT.

 

[JTH]

A tough nut to crack, for myself I'm interested to see how we close (the close always knows.)

 

[Bquat]

No change in allocation for me today. Confirmation line needs to be broken to be above dead cat bounce level. It does look good enought for me to save my last IFT.

Well maybe 1850 is the support level. Post deadline we are in a high base and maybe I'll get confirmation today for tomorrow: The people managing our funds may be buying now so they can sell to those jumping in today at a higher price.

 

[Bquat]

Well maybe 1850 is the support level. Post deadline we are in a high base and maybe I'll get confirmation today for tomorrow: The people managing our funds may be buying now so they can sell to those jumping in today at a higher price.

I keep harping on this because they have 4 hours to trade our funds after our big moves before having to settle up. That's how the TSP gets good rates. They can see us coming or going. That's why I'm hoping for a general up roar against high speed trading in the overall market that would give us some ammo against our deadline. JMHO

 

[BichonFreeze]

I keep harping on this because they have 4 hours to trade our funds after our big moves before having to settle up. That's how the TSP gets good rates. They can see us coming or going. That's why I'm hoping for a general up roar against high speed trading in the overall market that would give us some ammo against our deadline. JMHO

Was that just a positive comment of the deadline?

 

[Bquat]

No change in allocation for me today. Confirmation line needs to be broken to be above dead cat bounce level. It does look good enought for me to save my last IFT.

That's right even though we're in a high base this is just a dead cat bounce until we break 1858. The market has a 60/40 chance of going for a lower low if we don't reach that level.:worried:

 

[BooDog]

That's right even though we're in a high base this is just a dead cat bounce until we break 1858. The market has a 60/40 chance of going for a lower low if we don't reach that level.:worried:

I agree B. I've learned not to over react over the years and jump on a twitch here and there. A little patience has saved my butt many times. With only 50% exposure one could say I'm just not being agressive enough. My contributions are still going into the I and C for a penny here and there but I would like to see a firm confirmation before moving in more. The nasdaq and the russell have their work cut out for them to move forward. 52 wk on the Nasdaq looks bearish imo breaking the trend line. Wouldn't hurt to pull the tools out to watch the major trend lines. The trend is our friend right?

me rambling.

 

[Bquat]

I agree B. I've learned not to over react over the years and jump on a twitch here and there. A little patience has saved my butt many times. With only 50% exposure one could say I'm just not being agressive enough. My contributions are still going into the I and C for a penny here and there but I would like to see a firm confirmation before moving in more. The nasdaq and the russell have their work cut out for them to move forward. 52 wk on the Nasdaq looks bearish imo breaking the trend line. Wouldn't hurt to pull the tools out to watch the major trend lines. The trend is our friend right?

me rambling.

You ramble quite well and have a good comment here.