Bquat's Account Talk

[Cactus]

Yeah, looks like it just can't punch through that 1885 level.

 

[OBXTrader]

1885 punch through delivered. I did an IFT today though into L Income from the L2050 to book some profits and keep a 20% toe in the water to stay part way invested in TSP.

Yeah, looks like it just can't punch through that 1885 level.

 

[Birchtree]

You guys remind me of the old Punch and Judy show.

 

[Bquat]

Yeah, looks like it just can't punch through that 1885 level.

It punched it but dropped back. We're right at the yellow line where I thought we would create the H&S pattern. Tomorrow I see if I be wrong:

 

[Bquat]

I'm not expecting to get to 1885 but many are disagreeing with me. I was surprised by the strength of the bounce. With options expiration week over maybe some of the volatility in the market will go down and we may see more of a sustained move in one direction or the other. Now that were in the doldrums of summer, you'll see movements in the morning session and slight drifts up in the afternoons as traders get off there laptops and enjoy the summer.

Remember this comment. Well all of today move was on low volume and almost no volume after our deadline. Also as JTH mentioned in his posts that if the is really a bullish move why aren't bonds confirming this? AGG Basic Chart | iShares Core Total U.S. Bond Ma Stock - Yahoo! Finance

 

[Bquat]

You guys remind me of the old Punch and Judy show.

Birch, I only have two or three people conversing on my thread, so don't discourage them.

 

[Danny]

Birch, I only have two or three people conversing on my thread, so don't discourage them.

I don't say much but I am here reading your take on TA every day before the IFT deadline and at close...So thanks for that! I also enjoy Birch's pep talks!

Thanks again,
Danny

 

[gronk007]

Likewise...I don't say much of anything but I look at Bquat's thread everyday at least twice...probably more. The charts are really helpful. Thanks!

 

[RealMoneyIssues]

Im #3 so we are accounted for...

Sent from my Samsung Galaxy S4 using tapatalk...

 

[Whipsaw]

I'll try to pipe up more often

 

[Bquat]

Thanks guys I see you.

 

[Bill3438]

You can't see all of us, but we're here.
thanks

 

[Bquat]

Even though I feel we're going down from 1885, I must also say there's a 30/70 chance we're coiling up to move back up to the top of the white channel::notrust: So watch the 1872 area as support.

 

[Bquat]

Can't wait until we can think outside the box everyone is talking about::nuts:

 

[Whipsaw]

Your two story house is peeking up above the skyline :cheesy:

 

[OBXTrader]

Judy - Well drawn, the morning low dropped briefly to the middle of your fish head. Your friend, Punch

Even though I feel we're going down from 1885, I must also say there's a 30/70 chance we're coiling up to move back up to the top of the white channel::notrust: So watch the 1872 area as support.

 

[Bquat]

Judy - Well drawn, the morning low dropped briefly to the middle of your fish head. Your friend, Punch

Fish heads fish heads put them in a bowl. No move for me today. I'm tired of watching the orange aquarium. JK Just got to do some yard work before it gets up to 95 degrees again.

 

[Bquat]

Even though I feel we're going down from 1885, I must also say there's a 30/70 chance we're coiling up to move back up to the top of the white channel::notrust: So watch the 1872 area as support.

Well we may look at 1872 earlier than I expected::worried:

 

[Mcqlives]

Well we may look at 1872 earlier than I expected::worried:

1824?????

 

[Bquat]

1824?????

What are you talking about? 1838