Bquat's Account Talk

[Bquat]

Tomorrow is 100 DMA testing.

 

[exnavyew]

I know exactly what will happen tomorrow. Boy wouldn't that be nice.

Oh I 'know' it will boom Thursday cuz I just went 100% G-fund. :laugh: :worried:

 

[Bquat]

Tomorrow is 100 DMA testing.

Doing charts a day early because of possible A = B pattern repeat and I may be out of pocket tomorrow:

 

[Bquat]

As always if you disagree post comment for others.

 

[Bquat]

Had 3 lines in this area and was worried it would never break today::smile: Hold baby.:worried:

 

[Mcqlives]

Had 3 lines in this area and was worried it would never break today::smile: Hold baby.:worried:

Agreed with your charts and hoping that it holds and moves higher. I'm still waiting for confirmation though...kind of crazy to say that with a 20 point morning going on.

 

[Mcqlives]

Come on let me ink it in.

A little lower than you forecast....but ink it in! Good charting!

 

[Bquat]

A little lower than you forecast....but ink it in! Good charting!

You know how I mention the 1 % hesitation point once in a while. Well it went up to the 1 % mark dropped down and stayed between my Dead Cat Bounce line and the 50 Day almost the whole candle. Now you see that dark purple line? It can become a right shoulder if we don't pop it and form a "V" bottom. Chart below.

 

[Mcqlives]

You know how I mention the 1 % hesitation point once in a while. Well it went up to the 1 % mark dropped down and stayed between my Dead Cat Bounce line and the 50 Day almost the whole candle. Now you see that dark purple line? It can become a right shoulder if we don't pop it and form a "V" bottom. Chart below.

Ahhh...so you are looking for confirmation above the 2077ish mark. Clear kimosabe!

 

[Bquat]

Lucked out and was first in line for Lab work so I'm not out of pocket. Now what has me worried is a retest on the 50 Day so soon.:worried: This is not expected so what gives? I hope it's a touch and go:

 

[Lakebound]

Lucked out and was first in line for Lab work so I'm not out of pocket. Now what has me worried is a retest on the 50 Day so soon.:worried: This is not expected so what gives? I hope it's a touch and go:

Subscribed. Really enjoy seeing your candlestick charts as I learn to read them. Thank you!

Frank

 

[ravensfan]

Subscribed. Really enjoy seeing your candlestick charts as I learn to read them. Thank you!

Frank

Ditto, what Frank said. Really appreciate all you add to the Forum. Thanks!

 

[Bquat]

Sorry needed C fund chart to compare to previous C fund chart:

 

[Bquat]

So this wonderful bullish chart with the A = B pattern can turn so bad if the 100 day breaks. So if you take my Dead Cat Bounce line and move it up like say 10 points and take out my B channel, wouldn't it look like a Head and Shoulders pattern? Don't make me draw bearish. This is just a possibility if the 100 Day breaks:

 

[Bquat]

That's why I always say if you see disagreement in my charts speak up for others because sometimes what looks one way for you can look different to someone else. Now you have two 180 views.

 

[Mcqlives]

So this wonderful bullish chart with the A = B pattern can turn so bad if the 100 day breaks. So if you take my Dead Cat Bounce line and move it up like say 10 points and take out my B channel, wouldn't it look like a Head and Shoulders pattern? Don't make me draw bearish. This is just a possibility if the 100 Day breaks:

This is one of those wait and see patterns...is it a head and shoulder formation or just a shrug? If your out (like me) probably stay out and keep an eye on the 100 and your 2077ish DCB lines...if your in probably stay in with an eye on the 100. Good luck and have a great weekend!

 

[Mcqlives]

I'm ignoring my own advice and getting in. Going s today and hoping fed is nice and this isn't pricing in action. Since I'm in....LOOK OUT BELOW!!!

 

[OBXTrader]

Turned off the noise and ignored the markets since I went long in all my IRA/TSP/401k investments earlier this month. Good to see the S&P ahead of the small caps for a change.

I'm ignoring my own advice and getting in. Going s today and hoping fed is nice and this isn't pricing in action. Since I'm in....LOOK OUT BELOW!!!

 

[Bquat]

I'm ignoring my own advice and getting in. Going s today and hoping fed is nice and this isn't pricing in action. Since I'm in....LOOK OUT BELOW!!!

Good luck to you buddy.

 

[OBXTrader]

Bquat - I still have my headphones on, glad I went long (from post on March 16 below). Those who know my conservative ways know that it's not my normal way to wealth. However, my research showed it was a good time to go long. My previous instinct was to go for a quick hit and get out to the G Fund.

On March 6, I went from 100% cash to fully invested over a 3 day period, so definitely no awesome market timing there short-term. But, the signals were what the signals were, so I went with it and then turned off CNBC etc. and followed my plan. I did later move on March 12 from L2030 to L2050 as that was a better choice given the risk level of the other investments.

Turned off the noise and ignored the markets since I went long in all my IRA/TSP/401k investments earlier this month. Good to see the S&P ahead of the small caps for a change.