Thread: Bquat's Account Talk

Originally Posted by Bquat

Now that I'm out could this be the big correction they keep talking about? Comments wanted.

Some folks, I thing Uptrend was one, were calling for a rally after the last peak/dip and then a significant correction; my thoughts were there would be one more new high, it could be your third circle on the right (right shoulder?) may have been it. It seems there is a small H&S in the right shoulder. If the right shoulder of the larger pattern is just to the left of the one circled, the next peak could be the test of the head followed by the fall off.... thoughts? (Ah! Listen to me ... :toung

Originally Posted by Whipsaw

Some folks, I thing Uptrend was one, were calling for a rally after the last peak/dip and then a significant correction; my thoughts were there would be one more new high, it could be your third circle on the right (right shoulder?) may have been it. It seems there is a small H&S in the right shoulder. If the right shoulder of the larger pattern is just to the left of the one circled, the next peak could be the test of the head followed by the fall off.... thoughts? (Ah! Listen to me ... :toung

Continuation pattern. I should of zoomed out earlier and may have seen this but exiting at the right time has always been my bad.

Originally Posted by Bquat

Continuation pattern. I should of zoomed out earlier and may have seen this but exiting at the right time has always been my bad.

Looks like you pulled it this time! BTW, hurry up and make a bunch of more posts and get to the next page in your thread if this one doesn't do it...

Developing a low base. I don't even think we can DCB to the 50 day.

Would not surprise me if S&P only closed down 1%.

Originally Posted by Bquat

Developing a low base. I don't even think we can DCB to the 50 day.

Originally Posted by OBXTrader

Would not surprise me if S&P only closed down 1%.

If that was going to be the case we would have a 1% high green candle forming right now. I don't see a dip buying pop. May even see bulls cover.

Got to go senior bowl. You guys thanks for posting.

Me thinks you were right, seems like the late buyers always step up. Buying to L2020 today that's good. For my other funds, not so good.

Originally Posted by Bquat

If that was going to be the case we would have a 1% high green candle forming right now. I don't see a dip buying pop. May even see bulls cover.

Doing downside isn't my strong point. So I chart and you guys can comment:

C Fund: Put the possible channel, River is resistance and 50.0 Fib. Retrace may be support: So if you reply with quote we'll know what fund your talking about.

S Fund: Isn't at 61.8 Fib. Retrace you have more chance to go down?