Thread: Bquat's Account Talk

I'm thinking that was a good little bull trap the day traders like to pull after hitting a new support level. If it was a real pullback it would have popped. I see a bear flag may be forming. Islept in a little today being on the lilly pad. Little bear doesn't trust today even thought a lot are buying this move on the tracker. He still thinks more down.

Little Bull will wait on confirmation over the red line I just added.

Remember you can right click on the chart and spread it out on a word doccument.

Looking at the 15 min. you can see the battle between the 50 period and 20 period. With pretty much even highs and higher lows and a false break out to the top , I feel the 50 will win.
I get too excited watching the 15 min. Just a heads up while I go for coffee and back to the 30 min. chart.

Originally Posted by Bquat

Looking at the 15 min. you can see the battle between the 50 period and 20 period. With pretty much even highs and higher lows and a false break out to the top , I feel the 50 will win.
I get too excited watching the 15 min. Just a heads up while I go for coffee and back to the 30 min. chart.

Interesting

Little Bull looking at 1204ish as a possible entry after confirmation and 1220 S&P.

Little Bear thinks were dropping more tomorrow. We continue to be bearish up to the top white line and big time bearish if we don't make it.

So because of having more chance of loss than a gain and there's only a chance of gain to 1218, I'm staying out.

Break the red line and hold above in and i'm in.

Not looking good but we still have 45 min to decide. I may decide sooner because sometimes you can get in to IFT. But so far, I won't be IFTing.

I'm showing the bear flag and a couple of resistance and support lines. Cross fingers.

Staying on the lilly pad. Support line didn't hold either.

Originally Posted by Bquat

Staying on the lilly pad. Support line didn't hold either.

Thanks for posting your charts Bquat. I was on the fence myself till I saw this post. Think I'll stay on the sidelines as well -- tho still have 10 minutes, eh?

Originally Posted by Khotso

Thanks for posting your charts Bquat. I was on the fence myself till I saw this post. Think I'll stay on the sidelines as well -- tho still have 10 minutes, eh?

Don't count on that 10 min . You need to decide at 15 or maybe a little more. Last time I started with 10 min. and the site was so slow it took 13. They have no way of telling how long you took.

I wish they could check back to your login time to see your first attempt time.

In the short term we may form an inverse head and shoulder and start a small Christmas (holiday) rally.

Do you guys think it could happen???