Thread: Bquat's Account Talk

Originally Posted by OBXTrader

Yes, I was asking for others and you put a lot of work into this and it seemed a worthy discussion. I hadn't used an IFT for 1.5 months and thought I would catch a bounce on the first day of trading in August and also wanted to preserve an IFT.

I am more used to tracking the S&P, but somewhat concerned that S-Fund was leading the way down at the close and money is still pouring into bonds. The scenario you describe for tomorrow would be real nice, but isn't that is what all dip buyers want? One seems to rarely get what one wants after the IFT cutoff. Tough call my friend.

For you again: JTH line was previous support to resistance needed to be tested from above for support. Should you wait for the 50 Day test because we have fallen out of the bullish channel but right at the 5 Day: 40 / 60 Reward / Risk already: You likey chart?

I love the charts. Within the TSP, I must wait, so the 50 day looks like a great test for reentry. As us old pilots used to say when you fly a single-engine plane and the motor gives out, you have no choice. But when you have a twin-engine plane and the motor gives out, you have to make decisions. You are in a twin-engine plane and I am in a single-engine.

I do have other investments outside TSP, so a test like this is a double edged sword.

Originally Posted by Bquat

For you again: JTH line was previous support to resistance needed to be tested from above for support. Should you wait for the 50 Day test because we have fallen out of the bullish channel but right at the 5 Day: 40 / 60 Reward / Risk already: You likey chart?

Mrtopstep Closing print: https://www.youtube.com/watch?v=pHIFiK2rvOk

Live with Oscar yesterday: Live With Oscar

Even though Futures are positive, I see a "M" pattern and they may break down: S&P 500 Futures Live Advanced Chart

Hey, I just realized you turned the tables on me yesterday. You didn't answer my question, what are you looking for to make an entry today?

You dazzled me with charts and questions and I just noticed.

Originally Posted by Bquat

Even though Futures are positive, I see a "M" pattern and they may break down: S&P 500 Futures Live Advanced Chart

Originally Posted by OBXTrader

Hey, I just realized you turned the tables on me yesterday. You didn't answer my question, what are you looking for to make an entry today?

You dazzled me with charts and questions and I just noticed.

S&P 500 has made it and may take a chance with S fund. Not seeing any signs of breakdown. Russia must be moot point. Just need a little more gain on the S fund:

Going fo it. 100 S I think it's good enough to use an expiring IFT.

Originally Posted by OBXTrader

Hey, I just realized you turned the tables on me yesterday. You didn't answer my question, what are you looking for to make an entry today?

You dazzled me with charts and questions and I just noticed.

Sure nice I can dazzle someone. This is the first time I'm using a move off a MACD peak. Also saw that we were continuing to consolidate through time with not much pull back. So what you think?

Looks like the market liked my charts.

Well I'm in. S Fund: