Bquat's Account Talk

[Bquat]

Dow transports is a leading indicator. Can it take more beating? It has lost all of the last rally. Will it turn here or test the 100? DJ-20:

 

[Bquat]

The S Fund is fairing a little better that the other stock funds and staying in it's larger (blue-green) channel. It may bounce soon but I wouldn't enter until the 100 day is confirmed from above and maybe after the breakout from the red channel. The rest of the week may be like watching paint dry. There still may be more loss to come::suspicious:

 

[Bquat]

Are we coiling for a bigger move down again? S&P 500:

 

[Whipsaw]

Let 'er rip!

 

[nnuut]

Today was the closest day to FLAT I can remember, "C" 0.00, "S" 0.00, "I" -.21 and the "F"+.01 flat as a Progressive's head!

 

[Bquat]

Today was the closest day to FLAT I can remember, "C" 0.00, "S" 0.00, "I" -.21 and the "F"+.01 flat as a Progressive's head!View attachment 29846

And the weekly is just dangling on support.

 

[Bquat]

I am set up for a bad news event, not that one will happen. I think the rubber band is wound up by European events: Got a Spidey sense and I'm not in the market. Which is weird when I'm not in. May not be in for the weekend.It's just a feeling of a Birchnot moment. Feed my fish in the F Fund: Now you guys really disagree.:suspicious:

 

[Bquat]

I'm just talking 1 or 2 percent here. Many may disagree with me.

 

[Mcqlives]

I'm just talking 1 or 2 percent here. Many may disagree with me.

Not me...I wish I had gotten out 2 and a half weeks ago when I got that tickle... instead I road it and lost my pittance of Gains for July. At least I'm positive being in the F fund. I might even make 1% in August:nuts:

 

[Bquat]

Wow, was expecting more response with the overly zealot bearish comment I made. Must be some agreement in the wind. So we'll see as you watch the market with me.

 

[Bquat]

Market is fighting me but we now have the 11 day crossing the 50 day:

 

[BooDog]

Wow, was expecting more response with the overly zealot bearish comment I made. Must be some agreement in the wind. So we'll see as you watch the market with me.

I was waiting to see if yesterdays bounce was more of a head fake. looks like my patience paid off.

 

[Bquat]

No move for me. Second test of 100 day coming up:

 

[Mcqlives]

No move for me. Second test of 100 day coming up:

I know you are pulled out more than normal in your charting...but you may want to take a look with the chart pulled out further to see the 1865 band.

I did and it makes me glad to be in the F.

 

[Bquat]

I know you are pulled out more than normal in your charting...but you may want to take a look with the chart pulled out further to see the 1865 band.

I did and it makes me glad to be in the F.

OK:

 

[Mcqlives]

OK:

Nailed your 5% circle. Tomorrow may be make or break.

 

[amoeba]

No move for me. Second test of 100 day coming up:

Hot knife through butter, next?

 

[Mcqlives]

Hot knife through butter, next?

Amoeba...I give you a firm maybe on the hot knife. It is possible we could see a little bounce here. I would have to get confirmation before I bought any bounce though. On the other hand, I think 1900 being broke is a psychological number for dumb money that would really bring in the bears.

 

[Bquat]

Hot knife through butter is possible so let's do a play by play.

 

[Bquat]

It is said VIX is at the pop and drop level where the market could reverse. I feel the VIX may do something different, in-bed it self and continue up::worried: