Bquat's Account Talk

[Bquat]

In the S Fund are we having problems staying above this rung: Are we changing from a channel to a rising wedge?

 

[Bquat]

In my F Fund, can the 50 Day keep us from embedding and continuing the bearish direction?

 

[Bquat]

There's some good questions just before entering election day.

 

[Mcqlives]

Good....and confusing. Thanks for the charts as always!!!!!!

There's some good questions just before entering election day.

 

[Bquat]

So far I'm thinking I will not move out of F today. Watching for the S&P 500 to drop out from being embedded::blink:

 

[Mcqlives]

Ditto...where is a gap when do you need one.

 

[Bquat]

My F fund is still fighting and trying not to embed: Once again we fight the deadline.

 

[Bquat]

So will the market take profits this afternoon on good news knowing they can reenter after market or hold positions?

 

[Bquat]

So will the market take profits this afternoon on good news knowing they can reenter after market or hold positions?

No move for me today because I think this will be the case. I think profit taking will commence because smart money knows the market will bounce back after the self induced drop:

 

[Bquat]

No move for me today because I think this will be the case. I think profit taking will commence because smart money knows the market will bounce back after the self induced drop:

It's a Spidey thing and you know he may just be paranoid.:suspicious:

 

[Bquat]

Ditto...where is a gap when do you need one.

We got one right below us you silly rabbit. So what you decide?

 

[Bquat]

So far I'm thinking I will not move out of F today. Watching for the S&P 500 to drop out from being embedded::blink:

Still a chance (red arrow) post deadline:

 

[Mcqlives]

We got one right below us you silly rabbit. So what you decide?

I should have said "where is a gap getting filled when we need one". Instead of filling the gap all we did was flirt with it and stay in the channel. I would have liked to seen 1998 touched before we went up...if that happened I would have went in. As it is, I am still out (G) and itching to get in. If I had to guess on today, it most likely is going to close one one side or the other of the channel and leave me with no clues again!

 

[Bquat]

Well we fell out of being embedded which should be bearish but the S fund is still above JTH's line:

 

[Bquat]

Didn't make profit but the F Fund did not embed below 20:

 

[Bquat]

Have my eyes open because election bounce isn't holding:

 

[Bquat]

Coiling up for a bigger move. I don't think we'll re-embed:

 

[Bquat]

Getting oppisite indications here, so you tell me:

 

[Bquat]

Didn't make profit but the F Fund did not embed below 20:

didn't make much profit and did not embed again but is the F Fund getting ready to break the 50 Day?

 

[Bquat]

Is the election results good enough to raise the markets. I think it was enough to keep us from dipping today but don't really know what direction tomorrow.