Bquat's Account Talk

[Bquat]

I don't know about you but I think we are getting ahead of schedule. Chart:

 

[Bquat]

Chart with current high:

 

[Bquat]

I have been in stocks about four months now and worried a little about yesterday's action. I need an upwards movement Monday. Possible double top. Chart:

 

[Bquat]

Wow, did you see that? A pop and drop and fill its own gap and up again. This is good and maybe I can get ahead of the C fund again. Chart:

 

[Bquat]

Wow, did you see that? A pop and drop and fill its own gap and up again. This is good and maybe I can get ahead of the C fund again. Chart:

Temporarily drawing more bullish because of today action Chart:

 

[Bquat]

Yesterday's afternoon selling kind fo mooted my bulishness. Today's action even has me concesned. We need the dip bought now. to keep me bullish. My Dream Chart:

 

[Bquat]

Yes, maybe this market moves up and down making me look stupid, but news is bad until it isn't. Yet, this could still be a longer sideways consolidation (Dashed Lines). Chart:

 

[mmk119]

Bquat. I've been out a while and just jumping back in today. Saw DreamBoat's post, then yours. Long time follower of both. thank you much - appreciate the posts and charts!!!

 

[Bquat]

I'm ok. Chart:

 

[Bquat]

I'm still ok. The candle is only red because we are below the open. Need some buying here. Chart:

 

[Bquat]

I'm not ok. I don't know what happened? I don't know how to draw this, but I did this. Will it be bought? Chart:

 

[Bquat]

I put in a couple of lines to see how much the over reaction was. Dead Cat Bounce and old support. Chart:

 

[Bquat]

Half is good, right? Watching new blue line for support. Chart:

 

[Bquat]

My red line tested twice today as resistance and now we popped above it, so I make it support. Chart:

 

[Bquat]

I took a couple of lines out to show something, Look at the circle. Isn't the old support line acting as resistance? I really didn't think it would get back this high today. Another question. Can the Market be using this as a correction? It was almost 5 percent. Tomorrow could be good if it is. Chart:

 

[Bquat]

Market is looking like it is considering this as a correction. Look at today's dip buy. Not showing strength at my red line. Chart:

 

[Bquat]

Ok, Whipsaw, I'm ready for tomorrow. Whipsaw Wednesday, watch the blue lines. Angel fish feed from the top. Right? Dream Chart:

 

[Bquat]

Like I said "the news is always bad until it's proven it isn't. "Better than expected and I am above the C Fund. Now what? Fill the gap and move on. I will have to redraw my Short-Term. Chart:

 

[Bquat]

I will go with this for now. Chart:

 

[Bquat]

Remember when I had the red circle showing old support was acting like resistance? Well, I zoomed in to show you how it's support again. With the gap completely filled I think we are good to go. Chart: