Bquat's Account Talk

[Bquat]

Transports:

 

[Bquat]

There you go. I don't know?

 

[FogSailing]

Hi Bquat. Just went in to look at my R2000 Profile in FreeStockCharts. The good news is that the Bollinger Bands appears to have acted as support for RUT today. At the close, the VI indicator is getting ready to cross paths, 18EMA is getting ready to cross 50 EMA, and RSI is in reasonable territory, all bullish. However, that doesn't mean a lot to me at this point. I will now trade this market very short term.

RUT indicators look positive to me for tomorrow. My concern for today comes from now reading about the large buybacks in the market and smart money efforts to keep buyers in by giving us a few coins probably through Monday or Tuesday, then a more substantial pullback when the Fed raises rates. After that, maybe there is a rally?

So...day to day for me from this point forward until the Fed raises rates.

View attachment 36239

I am getting paranoid. I am now wondering if bots read forums and change their strategies based on what we post.

View attachment 36238

 

[Bquat]

Many hope this is a Bearish exhaustion (Bear Trap) move or a head test::worried:
As you can see, I deleted the Midterm.

 

[OBXTrader]

The charts from last night didn't have a box around S&P 1950 (if I am reading the gap correctly). We are closer to that than ATH. You know what Tom says about gaps........Been playing it safe and successfully all year, low risk moves in and out with low risk diversification. Hate to dork it up at the end with an ill-timed IFT... What to do, what to do?

Many hope this is a Bearish exhaustion (Bear Trap) move or a head test::worried:
As you can see, I deleted the Midterm.

 

[Bquat]

The charts from last night didn't have a box around S&P 1950 (if I am reading the gap correctly). We are closer to that than ATH. You know what Tom says about gaps........Been playing it safe and successfully all year, low risk moves in and out with low risk diversification. Hate to dork it up at the end with an ill-timed IFT... What to do, what to do?

Shh I just want to stay in the box::worried:

 

[OBXTrader]

Now, now. No biasing.

Shh I just want to stay in the box::worried:

 

[Cactus]

Shh I just want to stay in the box::worried:

Well, then you better start singing like the Whos in Whoville, and fast, because the Grinch is stealing our Christmas.

Fah who foraze! Dah who doraze!
Welcome Christmas, come this way!
Fah who foraze! Dah who doraze!
Welcome Christmas, Christmas Day!

Welcome, welcome! Fah who rahmus!
Welcome, welcome! Dah who dahmus!
Christmas Day is in our grasp!
So long as we have hands to clasp!

Fah who foraze! Dah who doraze!
Welcome Christmas! Bring your cheer!
Fah who foraze! Dah who doraze!
Welcome all who's far and near!

Fah who foraze! Dah who doraze!
Welcome Christmas, come this way!
Fah who foraze! Dah who doraze!
Welcome Christmas, Christmas Day!

Welcome, Christmas! Fah who rahmus!
Welcome, Christmas! Dah who dahmus!
Christmas Day will always be!
Just as long as we have we!

Fah who foraze! Dah who doraze!
Welcome Christmas! Bring your cheer!
Fah who foraze! Dah who doraze!
Welcome all who's far and near!

 

[Bquat]

Since I'm such an expert at picking this bottom, I'll show it to you::notrust:

 

[Bquat]

I'm just doing one chart so I don't have to redraw the redraws by redrawing the channels
in the redraws.

 

[Bquat]

Go ahead and tell me what you think about what I think so others can be thinking about what we thought.

 

[OBXTrader]

Bottom declared. Nothing to see here. Move along.

Well, now that I bought into the L2030 COB today, I am biased. So, I say it's bottom. Honestly, all I looked at was to see if oil would stabilize. I don't know where bottom is, but it wasn't yesterday. Before I went to bed last night in the overnight markets oil was falling and that was a real leading indicator even though the futures were up.

If it makes trolls on this thread feel better, my IFT win/lose entry/exit dates ratio this year is the best I have ever had. The bad news is, I don't go all in on the funds. If I had the guts to go all in on C Fund this year, I would have been near the top of tracker. But, I don't have the guts, so it's a moot point.

The 1950 gap, as I mentioned earlier was the nagging feeling I got. I think we are already in a bear market, but even so there are intermediate term updrafts that last weeks, so it's no reason to run and hide. Oh well, I will go blindly and think on Monday everything will come up roses.

Go ahead and tell me what you think about what I think so others can be thinking about what we thought.

 

[OBXTrader]

Well, was I right or wrong? The share price of L2030 will likely not move much from the Friday buy-in price.

So....what's tomorrow hold? Transports and small caps lag, but oil rebounded and the market priced in bonds today. Nice rally into the close.

Bottom declared. Nothing to see here. Move along.

Well, now that I bought into the L2030 COB today, I am biased. So, I say it's bottom. Honestly, all I looked at was to see if oil would stabilize. I don't know where bottom is, but it wasn't yesterday. Before I went to bed last night in the overnight markets oil was falling and that was a real leading indicator even though the futures were up.

If it makes trolls on this thread feel better, my IFT win/lose entry/exit dates ratio this year is the best I have ever had. The bad news is, I don't go all in on the funds. If I had the guts to go all in on C Fund this year, I would have been near the top of tracker. But, I don't have the guts, so it's a moot point.

The 1950 gap, as I mentioned earlier was the nagging feeling I got. I think we are already in a bear market, but even so there are intermediate term updrafts that last weeks, so it's no reason to run and hide. Oh well, I will go blindly and think on Monday everything will come up roses.

 

[shitepoke]

BQ- where is the gap folks are speaking of and do you think Fed speak will fill it...

 

[Bquat]

BQ- where is the gap folks are speaking of and do you think Fed speak will fill it...

It could get filled if they don't raise rates. Sort of the case good news is bad. If they don't raise rates traders will take it as bad news on the economy. I did see some hope with today's action::suspicious:

 

[Bquat]

DJ-20 may have tested it's projected level:

 

[Bquat]

Odds are 51/49 of holding but don't hold me to it.

 

[shitepoke]

BQ- thanks for the charts. The whole tsp forum appreciates your time.....

I see it now. Gap at 1952 C-Fund. Hard to believe this close and won't get filled? for fed meeting does Yellin always have to yell...

What are the hedge bets? Its like sports, what will happen with0.125 rate + What happens with positive wording on economy? Negative wording?

I am interested in whether we test last 2 lows, and if so will it break?

 

[Bquat]

Ok guys, the move up on the interest rate hike news got me elated but today's move after traders had time to interpret the news is scaring me. I hope it is an over reaction because my Dead Cat Bounce lines look like they're not going to hold as support. Just giving you a heads up on today's action::worried::worried:

 

[Bquat]

Transports in a bear flag: