Bquat's Account Talk

[Bquat]

I think this is a bull flag developing: Any contrary"s

 

[Bquat]

Stream testing as support:

 

[nasa1974]

Looks like we are taking a hit today. Giving it all back from last week.

 

[Bquat]

Looks like we are taking a hit today. Giving it all back from last week.

Yes we are and here we go to test the stream as support again right at the deadline. I drew the line so trust it I will. No move for me.

 

[Bquat]

Yes we are and here we go to test the stream as support again right at the deadline. I drew the line so trust it I will. No move for me.

Well, it did hold. Tomorrow we will find out if the white channel and stream hold. Did we find good support?

 

[Bquat]

On a side note: I've lost my 1% gain for this month but feel we may be on support and can get it back. We've only been in this month a few days and I have both IFT's.

 

[Bquat]

It's my opinion that record low volume will continue next week because of traders continuing their summer vacations. 60/40 no post holiday drop. Now Yellen's comments on Wednesday may include some continuing tapering comments.

Ah yes I was wrong on this. So tomorrow we'll see how wrong.:blink:

 

[Bquat]

Should we wait for support to hold?

 

[Whipsaw]

Support at 1965? That was a good year...

 

[Bquat]

Support at 1965? That was a good year...

Cleaned up chart and playing with 11 day supported channel:

 

[Mcqlives]

Cleaned up chart and playing with 11 day supported channel:

I'm still out and waiting....I made a good amount of profit early on during this run and a couple of good short term moves during the past 2 months. Now I am nervous about these levels and Capital preservation is my guide. I may miss more gains but am willing to look for a good buy in when it presents itself.

Todays action is tempting me but I figure that if I jump in the markets will really start to sell!

 

[Bquat]

So much for the yellow channel. Going with mid to top channel. Staying put and right at my entry point:

 

[Bquat]

Making my choice on the 20 day:

 

[Bquat]

Making my choice on the 20 day: S fund

 

[Bquat]

Making my choice on the 20 day: NASDAQ So I'm obsessed with the 20 day:

 

[Bquat]

Wow two down moves of about 1 % or more each. Anyone feels that's good for the market? Finally a plase for dump money to get in. Maybe smart money will think this is good too. So are we at the line in sand level?:suspicious:

 

[userque]

... Anyone feels that's good for the market?...

don't know about 'the market,' but increasing volatility is good for traders

 

[Bquat]

don't know about 'the market,' but increasing volatility is good for traders

Yea and I did like the buy in when we got to the level of March's peak.

 

[userque]

Yea and I did like the buy in when we got to the level of March's peak.

I'm thinking that was a good buy right now, at least for the next several days.

 

[jkenjohnson]

I'm still out and waiting....I made a good amount of profit early on during this run and a couple of good short term moves during the past 2 months. Now I am nervous about these levels and Capital preservation is my guide. I may miss more gains but am willing to look for a good buy in when it presents itself.

Todays action is tempting me but I figure that if I jump in the markets will really start to sell!

Hush your mouth as we say in the South.