Thread: Bquat's Account Talk

Now here is a funny one for you! A short time ago my wife asked me what I was doing. I told her I was in the den checking out some financial stuff. She came into the den where I was floating around this site. All she saw was the thread postings and, as luck would have it, there were no charts up. She immediately took the opportunity (jokingly) to accuse me of cheating and that she wondered what "hoochie-mamas" were on this site (she must have been referencing some of the more colorful ladies on this site). I scrolled up in the postings to show her your chart and she explained to me, as I am an ignorant fool at times, that the chart was not in reference to anything financial related but only reflected the noises (which involved a lot of "Ooooohs" and "Aaaahs") said "hoochie-mamas" were making.

Talk about putting your charts in a brand new light, Bquat. And yes, my house is a very interesting, and fun, place to be!

I don't know if this is good or bad. Such a bullish move right into a tweezer top. I'm wanting it to be a bull flag. We'll have to watch and see. It can go either way. Right at my entry level go figure. Hope the S is doing better.

Lookiing better. Not acting like intraday double top. Good morning I be awake now. So less go positive.

Originally Posted by Mcqlives

Now here is a funny one for you! A short time ago my wife asked me what I was doing. I told her I was in the den checking out some financial stuff. She came into the den where I was floating around this site. All she saw was the thread postings and, as luck would have it, there were no charts up. She immediately took the opportunity (jokingly) to accuse me of cheating and that she wondered what "hoochie-mamas" were on this site (she must have been referencing some of the more colorful ladies on this site). I scrolled up in the postings to show her your chart and she explained to me, as I am an ignorant fool at times, that the chart was not in reference to anything financial related but only reflected the noises (which involved a lot of "Ooooohs" and "Aaaahs") said "hoochie-mamas" were making.

Talk about putting your charts in a brand new light, Bquat. And yes, my house is a very interesting, and fun, place to be!

My wife goes the other way with it. Who's going to do all the crap when your gone. I told her to talk to our insurance guy. They can set up an annuity for you. Then she asks why can't you do that? I say on average I can beat the 4.8 % they offered. She says yeah right.

Interesting conversation - I'm using the dividend income stream to create a better retirement. Currently all dividends are used to buy more stock but at some point in the distant future the dividends can be swept up and transfered into a checking account that should cover a life style. Dividends usually grow over time and will leave a family in good shape and can eventually be passed to an heir. Stocks are the way to roll.

Originally Posted by Birchtree

I'm using the dividend income stream to create a better retirement.

Years ago my wife said she wished she had a defined pension plan and of course I agree but after setting up her own account, using her money and making stock purchases for her she don't complain anymore. When she switches from dividend reinvest to dividend to bank she'll make a nice living and that does not include her 401K that I forced on her

Anybody think this market will pop again today?

There is a strong possibility that fast money will want to push the market up past 1565 to generate some anxiety provoking good will. Get more folks off the platform.

Originally Posted by Birchtree

There is a strong possibility that fast money will want to push the market up past 1565 to generate some anxiety provoking good will. Get more folks off the platform.

Well my bull flag worked and we got close to it. With the strenght into the close, we may have a bullish breakout of the asending triangle. We may have shorts covering tomorrow.

Staying above 1552 is a good thing. I think we're still ok. Wonder if I should draw this more like a trading range? This is a repeat pattern like the 18th. We could come out of this weakness and still pop. We're still good with the ascending triangle. Need this dip to continue to be bought.

Tomorrow will be the test. Dip buyers keep coming in during the last 2 hours of trading, but will Thurs be profit taking day for the quarter?