Bquat's Account Talk

[Bquat]

Going with the one percent hesitation point and the move after it, I'm staying in.

 

[Bquat]

I just have to trust the 50 day because of the deadline.

 

[Whipsaw]

Looks like a solid bounce, should hold at least till 12:05 :notrust:. Sticky Pants deployed! :nuts:

 

[Bquat]

I just have to trust the 50 day because of the deadline.

I just have to trust the 50 day because of the deadline: We're at the level where I get concerned that I stayed in.:worried:

 

[OBXTrader]

As JTH says, "the Close Knows". Just curious, you track the S&P, but are invested the S Fund. They are off today +-.75% from each other, is there a conversion of sorts you are using?

I just have to trust the 50 day because of the deadline: We're at the level where I get concerned that I stayed in.:worried:

 

[ravensfan]

I just have to trust the 50 day because of the deadline: We're at the level where I get concerned that I stayed in.:worried:

The markets are struggling today, but I'm thinking it is temporary. It's time for the bulls to ride the storm out.

 

[Whipsaw]

Rally into the close! :nuts:

 

[Bquat]

As JTH says, "the Close Knows". Just curious, you track the S&P, but are invested the S Fund. They are off today +-.75% from each other, is there a conversion of sorts you are using?

No I don't have a conversion. I track the S&P because the chart for the S fund only goes 5 days. They follow each other generally. I got used to the S&P because I used to do the C fund some years back.

 

[Bquat]

OK, you got it here first. I have a lot riding on the 50 Day channel::suspicious:

 

[OBXTrader]

Is this biased? With the 20 and 50 so close, it's coin toss on channel. Couldn't it parallel the 50dma on the bottom and the current yellow top line?. That's a larger time frame I know. Hope that makes sense. Not good for my other funds, but a good opportunity when I can buy on May 1st.

OK, you got it here first. I have a lot riding on the 50 Day channel::suspicious:

 

[Bquat]

Is this biased? With the 20 and 50 so close, it's coin toss on channel. Couldn't it parallel the 50dma on the bottom and the current yellow top line?. That's a larger time frame I know. Hope that makes sense. Not good for my other funds, but a good opportunity when I can buy on May 1st.

Yeah it biased because I'm in. I'm scared of the other way. But for you I'll draw it. I was going with the isometric triangle breaking in the positive direction.

 

[OBXTrader]

You drew exactly what I was describing, thanks for taking the time. That was the pattern I saw. Now, with both charts you are again unbiased!

Yeah it biased because I'm in. I'm scared of the other way. But for you I'll draw it. I was going with the isometric triangle breaking in the positive direction.

 

[Bquat]

I still think we can break this level and get repair the longer term damage:

 

[Mcqlives]

I still think we can break this level and get repair the longer term damage:

Ditto...but keeping fingers crossed.

 

[OBXTrader]

Small Caps are an anchor. Hope I am wrong, but leaning toward the chart you drew based on my description.

I still think we can break this level and get repair the longer term damage:

 

[Bquat]

Small Caps are an anchor. Hope I am wrong, but leaning toward the chart you drew based on my description.

Shh you're effecting the market. What happened:

 

[OBXTrader]

I wish I had that kind of power or foresight, I would have bought TZA at the open. The chart is still valid. Support at the gap fill?

Shh you're effecting the market. What happened:

 

[Bquat]

I wish I had that kind of power or foresight, I would have bought TZA at the open. The chart is still valid. Support at the gap fill?

Wow, I was just thinking the same thing. I just moved my 1% line:

 

[Bquat]

50 Day tested from above as support. Is the dip being bought? I am feeling a little better about today's action but still a little worried until 1875 is retaken:

 

[Whipsaw]

50 Day tested from above as support. Is the dip being bought? I am feeling a little better about today's action but still a little worried until 1875 is retaken:

I hope the dips are getting bought... I'd hate to bail before the turn of the month!