Bquat's Account Talk

[Bquat]

The triple bottom acted as support becoming resistance in the Transports:

 

[Bquat]

F Fund is still out performing it's channel making me worry about stocks because bonds are embedded in an uptrend::nuts:

 

[Bquat]

Selling volume is still beating buying volume. SPY:

 

[Mcqlives]

Thanks for all the charts! Outstanding job! Now, do we look for capitulation, sideways action, or an announcement from Yellen?

 

[Bquat]

Same for DOW:

 

[Bquat]

So you think we may break to the upside with no lower low today?

 

[Bquat]

Thanks for all the charts! Outstanding job! Now, do we look for capitulation, sideways action, or an announcement from Yellen?

Yellen will come out with "there will be no rise in interest rates in the foreseeable future or late 2015". At least that's what Greenspan would have said in a falling market. Other than that I don't know.

 

[Bquat]

F Fund is still out performing it's channel making me worry about stocks because bonds are embedded in an uptrend::nuts:

This may turn out to be true this morning.

 

[OBXTrader]

The October bounce before the drop never happened for me and congrats on the move to the F Fund. I went to G Fund yesterday since the market seems to have a pattern of no more than 3 down days in a row this year. At 11:55 am yesterday, I assumed the big up morning would sell to the close and that is not very bullish. It did hang on, but of course since it was going to be a loss, I was hoping for a little better close even though what happened is what I expected.

I will lick my -2.17% monthly loss and hold onto my 3.79% TSP gain for the year and hope (not a good strategy) for opportunities in November and December. My move on October 2nd to the L2030 was not a suicide pact and only hurts when I smile.

Told you I was keeping my head down and powder dry. Good luck to the traders braver than me.

This may turn out to be true this morning.

 

[Bquat]

The signs were there. So for you guys at least we have a gap to fill later:

 

[Birchtree]

Now that's a tail.

 

[Bquat]

Is this a topping tail on the F Fund?

 

[BooDog]

Is this a topping tail on the F Fund?

Watching the $VIX and further support levels. Crazy whipsaw action going on "out there". I'm thinking retail has just started to hit the panic button and smart money is patiently waiting. VIX didn't break the 30 long term resistance line, so there's a hint we're getting close to bottom. But the day isn't over yet.

Someone mentioned to me last night, we don't need to be smart or time the markets, just listen to Cramer! :nuts:

 

[Mapper]

I'm thinking retail has just started to hit the panic button and smart money is patiently waiting. VIX didn't break the 30 long term resistance line, so there's a hint we're getting close to bottom. But the day isn't over yet.

Someone mentioned to me last night, we don't need to be smart or time the markets, just listen to Cramer! :nuts:

I'm thinking retail finally noticed this time is different. Different from the last year anyway. Question is whether the "pros" will be buying what retail sells or waiting for more blood. I'm trying to be more patient. Hard work because buying is more fun.

 

[Bquat]

Was that a Bearish Exhaustion move? My H&S projection has been met. Should I wait for the river to be crossed? At least I'll watch for a break in the red channel. Confirmation could be a DCB for the FED talk. Yellen yelling.

 

[Bquat]

Watching the $VIX and further support levels. Crazy whipsaw action going on "out there". I'm thinking retail has just started to hit the panic button and smart money is patiently waiting. VIX didn't break the 30 long term resistance line, so there's a hint we're getting close to bottom. But the day isn't over yet.

Someone mentioned to me last night, we don't need to be smart or time the markets, just listen to Cramer! :nuts:

What do you think? Double top:

 

[Bquat]

I'm thinking retail finally noticed this time is different. Different from the last year anyway. Question is whether the "pros" will be buying what retail sells or waiting for more blood. I'm trying to be more patient. Hard work because buying is more fun.

I be thinking of buying.:suspicious:

 

[Whipsaw]

I be thinking of buying.:suspicious:

C or S? Or both?

 

[Bquat]

C or S? Or both?

Was that a Bearish Exhaustion move? My H&S projection has been met. Should I wait for the river to be crossed? At least I'll watch for a break in the red channel. S Fund because it lost the most but I'll wait for the lower high line to break at least. Risk is still greater than reward 55 / 45.:suspicious:

 

[Bquat]

I may be wrong but this is what's making me hesitate. Descending Triangle: