Bquat's Account Talk

[Bquat]

Yeppers, looks like a descending parallel price channel wrapped inside a breached ascending parallel price channel. Or a butterfly...

"Stephanie I see Butterfly" Johnny 5.

 

[Whipsaw]

"Stephanie I see Butterfly" Johnny 5.

Is a butterfly bullish, or bearish? :blink:

 

[Bquat]

Is a butterfly bullish, or bearish? :blink:

I was just joking around with JTH's comment. I don't know what a Butterfly Pattern is or if he was just seeing a Butterfly.

 

[JTH]

I was just joking around with JTH's comment. I don't know what a Butterfly Pattern is or if he was just seeing a Butterfly.

Clearly this would have been a good time to use the Sarcastic font...

 

[JTH]

Slacker...

View attachment 32031

 

[Bquat]

Slacker...

View attachment 32031

Yes I'm getting gooder with my chartacholicness. Anyway did you like my charts this week?

 

[JTH]

Yes I'm getting gooder with my chartacholicness. Anyway did you like my charts this week?

I never tell anyone when I like their charts, I only tell them when I don't like them

I would watch that disordered H&S on the TRAN, it's leaning down, those are the worst kind...

 

[RealMoneyIssues]

Clearly this would have been a good time to use the Sarcastic font...

Clearly...

 

[Bquat]

Charts: Are we coming up to or at resistance?

 

[Bquat]

More charts:

 

[Dutchy]

Thanks, as always, for all the great charts... They sure do look suddenly "toppy" after

yesterday's extreme run up..

 

[Bquat]

So was 2014 a market consolidation or maybe a flat top? I like how this guy explains things on his weekly free video: Ciovacco Capital Management - Independent Money Manager Atlanta, CCM Atlanta, Independent Asset Manager Atlanta, Financial Advisor Atlanta, Financial Planner Atlanta, Wealth Manager Atlanta, Investment Manager Atlanta, Asset Management Atlanta, Money Go to videos.

 

[OBGibby]

So was 2014 a market consolidation or maybe a flat top? I like how this guy explains things on his weekly free video: Ciovacco Capital Management - Independent Money Manager Atlanta, CCM Atlanta, Independent Asset Manager Atlanta, Financial Advisor Atlanta, Financial Planner Atlanta, Wealth Manager Atlanta, Investment Manager Atlanta, Asset Management Atlanta, Money Go to videos.

I've been following CCM for awhile. He used to do a daily update to this Ciovacco Shortakes blog nearly every day, with a weekly video at the end of the week. I've noticed a decrease in his production over the past couple months. Not sure if it is tied to presumably less than desired 2014 results with his "market model" or something else.

 

[Bquat]

I've been following CCM for awhile. He used to do a daily update to this Ciovacco Shortakes blog nearly every day, with a weekly video at the end of the week. I've noticed a decrease in his production over the past couple months. Not sure if it is tied to presumably less than desired 2014 results with his "market model" or something else.

A lot of the free analysis sites have dried up or have gone to weekly's. I think when their customers are making good profits they don't worry as much about what you put out for free. This year they took just about any info even how generalized as it is as trade secrets. I think this years movement even had fund managers baffled a little.:nuts:

 

[OBGibby]

What I really like on his videos is the layman's approach. Regular Joes can follow what he's talking about.

 

[Mcqlives]

Just a post to bring you back to the first page....and to bug you for a chart:nuts:! Come on you addict, you know you want to post one!

 

[Bquat]

The markets seem to be in a volatile trading range fighting between the longer term up channel and the midterm down channel. Because of falling oil prices, earnings news is paramont lately. So here's the charts. You pick direction.

 

[Bquat]

Two more:

 

[Bquat]

Comments welcomed:

 

[pmaloney]

I pick the upward direction. It's much more profitable.
It has been a tough & volatile month.
"No crying" in investing. At least not in public.

Thanks and have a good weekend!