Bquat's Account Talk

[Bquat]

May be taking a bit of a dive today. Futures looking a bit negative today.

Yes that's possible so I zoomed in for this morning's action::worried:

 

[Bquat]

Somebody still wants to buy the dips. It's not big money:

 

[BichonFreeze]

I think it's those waiting on the sidelines to buy in like us, buying in at the first dip from this run up.

 

[Whipsaw]

I think it's those waiting on the sidelines to buy in like us, buying in at the first dip from this run up.

BF, I'm cooling my heels on the F-Train w/you... Looks like further sideways movement at this level will break through the lower part of the channel in the graphic above. Watch for another day?

 

[BichonFreeze]

BF, I'm cooling my heels on the F-Train w/you... Looks like further sideways movement at this level will break through the lower part of the channel in the graphic above. Watch for another day?

Absolutely. I'd like to see us get down 1% lower before re-entering. Even so when jumping back in it'll be a 50/50 split on C and S. S isn't falling today like C is.

 

[Bquat]

BF, I'm cooling my heels on the F-Train w/you... Looks like further sideways movement at this level will break through the lower part of the channel in the graphic above. Watch for another day?

This graphic above? Haven't broke the channel yet but I think you're right with the watch another day: Tic Toc on the deadline again.

 

[Bquat]

Post deadline we are finally creating a low base:

 

[Bquat]

Should of put finally a low base::worried: A low base increases the chance of going down 60/40:

 

[Bquat]

Now with the last two candles today we can have a bull flag. Tomorrows action will give us a hint. If I had a 51/49 choice I'd pick down but in very low volume any news can change things.

 

[Bquat]

Redraw:

 

[Bquat]

I think technically we have fallen out of the bull flag::worried:

 

[BichonFreeze]

We'll see. Yesterday had a pretty sharp early drop and then an afternoon rebound. It'll be interesting to see if the developments in Iraq put a bearing on the market, at least beyond the petroleum side of things.

 

[Bquat]

No change for me today:

 

[Bquat]

We'll see. Yesterday had a pretty sharp early drop and then an afternoon rebound. It'll be interesting to see if the developments in Iraq put a bearing on the market, at least beyond the petroleum side of things.

Yes the market drifts up as volume diminishes.

 

[BichonFreeze]

Yes the market drifts up as volume diminishes.

Ain't that the gospel truth.

 

[Bquat]

Got to go senior bowl. Continue to watch for roll over.

 

[BichonFreeze]

Got to go senior bowl. Continue to watch for roll over.

Have fun. Seems like the bond market just blew upwards. F fund currently up .23%.

 

[Bquat]

I think technically we have fallen out of the bull flag::worried:

Yes we rolled over:

 

[Bquat]

Whoopee I'm green for the month: 0.14%

 

[Bquat]

We came down to my buy line too fast so I moved it down. Did some redrawing. Expect the river to be crossed and downward momentum may increase. Kind of expecting 20 day supported channel to hold. Now to see the strength of the river: