Thread: Bquat's Account Talk

Originally Posted by Bquat

Ok already, I'll try this: Any disagreement?

So are you thinking a double bottom happened today?

Part one complete, took some time, but as I anticipated selling at the close for potential carryover tomorrow since there are no significant announcements on September 1st. World events? Who knows, not much too push world markets upward.

C Fund in the trees below the 50 day and who knows where the S Fund is going. Small cap rebound or lower base? Tough to chart this stuff, Kudos.

Bquat - Were you glad you exited the S Fund two days ago? Did you consider buying in at a lower price today?

Originally Posted by OBXTrader

With likely carryover from today, perhaps tomorrow is the day to buy. The market likes to catch people leaning one direction and it goes another.

It's only an IFT, not worth losing a lot of money over. Not sure how to play the F Fund. Never been down that road......

Originally Posted by OBXTrader

Part one complete, took some time, but as I anticipated selling at the close for potential carryover tomorrow since there are no significant announcements on September 1st. World events? Who knows, not much too push world markets upward.

C Fund in the trees below the 50 day and who knows where the S Fund is going. Small cap rebound or lower base? Tough to chart this stuff, Kudos.

Bquat - Were you glad you exited the S Fund two days ago? Did you consider buying in at a lower price today?

I'll answer when I get back from bowling

Bquat - Were you glad you exited the S Fund two days ago? Did you consider buying in at a lower price today? I should of got out a day or two earlier and I probably should of went to F when I got out but thought it was going to top before. No I didn't think of reentering. I was thinking if I should stay in G or go to F. I had bearish patterns but it did look like they could be broken. I had to rush the deadline into F trusting my patterns. S going for lower low and C going for the 100 Day: Left the yellow patterns in to show you.

I'm wondering about Transports: We are in October right?

Funny you mention the Transports. JTH posted when they were at their peak this AM showing a breakout. The transports lagging were my indicator I mentioned on your thread that the market might struggle into the close today and follow through tomorrow. After noon, they never attempted to rally as did the S&P or Dow and I was concerned.

Originally Posted by Bquat

I'm wondering about Transports: We are in October right?

Originally Posted by Mcqlives

So are you thinking a double bottom happened today?

Look at the yellow. I was thinking isometric triangle breaking down to the 100 Day. I missed your post while I was bowling. The down yellow line is my projection. Going to F Fund should of told you I was bearish. Here try this:

Originally Posted by OBXTrader

Funny you mention the Transports. JTH posted when they were at their peak this AM showing a breakout. The transports lagging were my indicator I mentioned on your thread that the market might struggle into the close today and follow through tomorrow. After noon, they never attempted to rally as did the S&P or Dow and I was concerned.

He said they were getting a bid on the 30 min. I think the bid may have failed: JMO Here's mine with his on the end:

How about those Transports this morning?!

Originally Posted by Bquat

He said they were getting a bid on the 30 min. I think the bid may have failed: JMO Here's mine with his on the end:

It was a bull trap, that's why I posted both the AGG & Tran breakout at the same time, one of the two was probably going to fail, I wanted it to be AGG, but such is life....

For those that are in the C Fund, we need the double bottom to hold. I am concerned to the increased momentum of the down side: My last projected drop was exceeded an we are below the long term channel.