Bquat's Account Talk

[Bquat]

Hey, I Fund made almost 2% today:

 

[Bquat]

C Fund:

 

[Bquat]

S Fund:

 

[Bquat]

F Fund:

 

[Mcqlives]

Look at the close of the Dow. Did it fall right back out of the price range? See some interesting circles:

The charts match up perfect with my doodles again! It's been a while since my lines synced with yours. Good catch on the circles! I had the cross-overs but lost sight of them with the trend lines. Makes me think people should be happy if we are close to flat at close tomorrow.

 

[Bquat]

The charts match up perfect with my doodles again! It's been a while since my lines synced with yours. Good catch on the circles! I had the cross-overs but lost sight of them with the trend lines. Makes me think people should be happy if we are close to flat at close tomorrow.

I don't think there will be a flat day tomorrow. I believe tomorrow will be a greater than 1% to 1.75%. Which direction I don't know. My current theory is: With the fast computers and only about 10% to 20% of trading in the pit, smart money is more interested in market movement than patterns. They can react fast enough to news and they have stops set if news is bad. Investors may review patterns for general outlook for there longer term clients. I know I'm right.:notrust:

 

[DreamboatAnnie]

Look at the close of the Dow. Did it fall right back out of the price range? See some interesting circles:

that chart at post 9619 is scary!! Circles are very interesting. I wonder if iis sign of things to come for S and C fund.

 

[Mcqlives]

I don't think there will be a flat day tomorrow. I believe tomorrow will be a greater than 1% to 1.75%. Which direction I don't know. My current theory is: With the fast computers and only about 10% to 20% of trading in the pit, smart money is more interested in market movement than patterns. They can react fast enough to news and they have stops set if news is bad. Investors may review patterns for general outlook for there longer term clients. I know I'm right.:notrust:

Looks like you are right. When I had written my post I had not read about the deal Greece is proposing and I thought we would be headed down this morning and then go back towards flat in the afternoon. Sounds like Greece is caving on a lot of the EU demands so your estimate is probably right...unless there is more negative news. On the other side, if the deal goes through Monday could be a 2%+ day for the I. Hmmmmmm.....

 

[FogSailing]

You both make good points. This is going to be really good or really bad. The way these things seem to play out these days is that today will be a nice up day, with everyone counting on a big up day on Monday. But then either the Greeks or EU has some problem, the Chinese have an issue, Iran deals starts to go south, or the Puerto Ricans have a bad day in their negotiations and the good day on Monday is mitigated or reversed.

On the other hand, maybe all the stars will align for once this summer. Wouldn't that be nice.

If I go in today, it will be a partial buy in. I'm more in "investor mode" than "trader mode" these days and I'm looking for a good entry point. I hope I'm not being too cynical in my thinking. All the best to you in your investing.

FS

 

[Bquat]

Had to do a quick redraw of the F Fund. It's still a higher low::cheesy:

 

[Bquat]

Things are looking better with 1% up moves start of each day but is that smart money trying to pull dumb money? I don't really know what to tell you but will give you a magnification of the Spidey's cousins with volume::suspicious:

 

[Mcqlives]

Things are looking better with 1% up moves start of each day but is that smart money trying to pull dumb money? I don't really know what to tell you but will give you a magnification of the Spidey's cousins with volume::suspicious:

If we hold above the 2067 line for the next hour I'll consider getting in. Otherwise, too much risk for me. FWM had the bigger cojones last night!

 

[Whipsaw]

If we hold above the 2067 line for the next hour I'll consider getting in. Otherwise, too much risk for me. FWM had the bigger cojones last night!

A glass of wine will do wonders for your courage! Thanks for pointing out we're still flirting with 2067; the news driven 'pop and fade' isn't giving me much confidence, though today's decline is much less severe than yesterday's. I'm still considering a partial position... 30 min to decide.

 

[tbx1203]

I wouldn't buy on an up day considering the uncertainty. Actually I reduced my position a little. Let's see what happens on Monday. Bail out decision is not to happen until Sunday. So whatever that is going on is not guaranteed to go thru. Why take that risk. Also, only reason china market is stabilising is because govt made some rules. Doesn't fix their economic probs, just a bandage for now.

Sent from my Nexus 5 using Tapatalk

 

[OBXTrader]

As posted on my Account talk. Age and investment style dictated that I wait until next week. As tempting as it is to jump in and grind my teeth at missing big up days, I have to stick with the plan.

I can wait until Monday, I am not in competition for a prize, it's my real retirement money.

If we hold above the 2067 line for the next hour I'll consider getting in. Otherwise, too much risk for me. FWM had the bigger cojones last night!

 

[Mcqlives]

As posted on my Account talk. Age and investment style dictated that I wait until next week. As tempting as it is to jump in and grind my teeth at missing big up days, I have to stick with the plan.

I can wait until Monday, I am not in competition for a prize, it's my real retirement money.

Ditto for me. This climb is fast today. Maybe too fast. I was expecting a melt up today but everyone wants to buy in on the anticipated news. If this is the rise today based on anticipated news what will happen if the EU or Greece gives the other the finger? The markets wouldn't view it as a nice fu finger either...more like a ham fisted Doc giving a prostrate exam. I'll let posters like Nnuut figure out an appropriate pic for that one...

 

[TSP-roulette]

Well, looks like Greece already raised the finger.

 

[FireWeatherMet]

If we hold above the 2067 line for the next hour I'll consider getting in. Otherwise, too much risk for me. FWM had the bigger cojones last night!

FWM had too much wine last night :laugh:

 

[Bquat]

Just wanted to give a VIX update. Has fear subsided:

 

[FogSailing]

That's quite an adjustment. Let's see if it holds. But good news for now. Thanks for the chart Bquat. Always appreciated.

FS