Bquat's Account Talk

[Lakebound]

So anybody think the dip buying will continue?

I hope so. I need to recoup a little of the *** raping we took yesterday.

 

[Bquat]

I hope so. I need to recoup a little of the *** raping we took yesterday.

Thanks for the visit.

 

[Mcqlives]

So anybody think the dip buying will continue?

Maybe...

I did my recharting and think that we are in a narrow channel (call it 2104ish to 2119ish). A break, on volume, either direction will confirm short term bull or bear action. The worst part of this is that the swing back off of any bull or bear action could happen so fast that we can't trade it easily. Unless things change before the cutoff tomorrow, I'm planning on re-allocating tomorrow morning to 50c/50s or 50c/25s/25i from my current 100s. I'll Basically just be burning a move for the month to go into c (maybe i too) since they are showing more strength than they were earlier this year.

 

[Bquat]

Maybe...

I did my recharting and think that we are in a narrow channel (call it 2104ish to 2119ish). A break, on volume, either direction will confirm short term bull or bear action. The worst part of this is that the swing back off of any bull or bear action could happen so fast that we can't trade it easily. Unless things change before the cutoff tomorrow, I'm planning on re-allocating tomorrow morning to 50c/50s or 50c/25s/25i from my current 100s. I'll Basically just be burning a move for the month to go into c (maybe i too) since they are showing more strength than they were earlier this year.

Haven't redone midterm yet but with today's bounce off the 18 Day could only help the C fund, I think today's swing has everybody rethinking.:blink:

 

[Bquat]

Thanks for visiting. So far only S&P 500 is over my red lines and it's struggling with that. After we get out of April, I may redraw the midterm lines to get more of a sense on May.

I may not redo the Midterm level as we resolve what the slightly shorted term levels are doing. I need the market to show it's shorter term intentions. I have redrawn the longer term channels and have added a channel which may become the Midterm if the Fed news doesn't nix it. Oh well you'll see on Friday.I'll just add to what I have.

 

[Mcqlives]

Hey now...Don't get snarky on us. Only posting charts on Friday is all well and good but stringing us along with teasers!?!?! Have you no shame?????

 

[Bquat]

Under the shorter term we should get some bounce soon.

 

[Cactus]

I certainly hope so. If this keeps up my contrarian method will outperform me for April.

 

[Maricar19]

Under the shorter term we should get some bounce soon.

BQuat..I hope it is soon enough...

 

[Mcqlives]

Charts:

Wow....your charts last week could have mapped todays move. 2077 is, hopefully, a good floor for another retest of the 2117ish area next week. Fingers crossed for a good day tomorrow! If not looking good then I think I'll be using the first move of the month to bail!

 

[Bquat]

I may not redo the Midterm level as we resolve what the slightly shorted term levels are doing. I need the market to show it's shorter term intentions. I have redrawn the longer term channels and have added a channel which may become the Midterm if the Fed news doesn't nix it. Oh well you'll see on Friday.I'll just add to what I have.

Well the market showed it shorter term intentions and you can just about nix that new channel. Want the hell happened this afternoon? Why can't we make the IFT choice at 3 PM EST?

 

[Bquat]

Give me a few minutes and I'll post my charts shortly. I have been working on them a little but have to subdue the new channel and re-figure where the support levels might be.;swear

 

[Bquat]

I'm doing the charts now because the market surprised me today and everyone may need all night to figure what to do for next month.:suspicious: Let me know if I got the one for the I Fund right. The funds:

 

[Bquat]

Everything else:

 

[Bquat]

There you go and I don't know. Was today an over reaction? The charts are a little busy. The three Grey lines were the new channel before all hell broke loose.

 

[Bquat]

There you go and I don't know. Was today an over reaction? The charts are a little busy. The three Grey lines were the new channel before all hell broke loose.

I'll just show the new Midterm just in case yesterday was just an over reaction to the news. Let's just consider the 18 day the DCB and if we don't break it I'll have to redraw::worried:

 

[Bquat]

Ok, I'll just go make some coffee while you guys talk smart money to buy this dip.

 

[Bquat]

I'll just show the new Midterm just in case yesterday was just an over reaction to the news. Let's just consider the 18 day the DCB and if we don't break it I'll have to redraw::worried:

So, no redraw needed.

 

[FogSailing]

I'm starting to think the whole thing is rigged...

FS

 

[Mcqlives]

And now the 100 was tested (we just broke it by a couple)...Hopefully we go up from here bu you are going to have some re-charting to do this week!