Thread: Bquat's Account Talk

Originally Posted by Mcqlives

Agreed...and with the action during the last 5 to 10 minutes, I think a lot of traders are betting on it! Actually, I think this may be it. The 1202 held and, unless Europe comes out with something unexpected tonight, those that bought in for tomorrow should make some money! Good luck all!

I need 1210 and maybe 1216 to be broke for confirmation.

1218 for me...for the 3rd time. Even then there are some hurdles (1235) to jump.

Originally Posted by Mcqlives

1218 for me...for the 3rd time. Even then there are some hurdles (1235) to jump.

We'll half it 1217.

Good morning guys. I'm not saying yet that the Inverse Head and Shoulders is going to work,but if it does, here are some resistance levels. You might want to copy this because I may clean the chart up later. I can guess the points later. If we go to gap fill, here is a support level we might hessitate on.

The futures are green but haven't crosed the 1217ish level and could be just a small bounce by day traders buying in to get others to follow when we hit support. Remember anything less than 1.5% may be a bull trap like this market has done several times.

1217ish S&P is where Little Bull may jump in. Getting back over the 20 and 50 period moving averages on the 30 min could be quite bullish.

Little bear would like us to low base below them and continue down.

Me I have to watch for confirmation and would love to see 1220 to 1224 broke.

Originally Posted by Mcqlives

Agreed...and with the action during the last 5 to 10 minutes, I think a lot of traders are betting on it! Actually, I think this may be it. The 1202 held and, unless Europe comes out with something unexpected tonight, those that bought in for tomorrow should make some money! Good luck all!

Spot on.

Little Bull has me convinced. He even came up with yellow lines of possible gains.

I am entering today at 50S 50 G Capital Preservation. May get in more latter when yellow lines happen.

I am trying to do my IFT's sooner because of the bad experience Last time. If I can't get in or out with 10 min how can you guys have enought time to make your own decisions?

It would be a beautiful thing if the rest of December can provide us a few +300 days to finish out the year. I really could use that to start digging out of my hole.

When the spring is coiled tight watch out when it lets go.

Originally Posted by MaStA

It would be a beautiful thing if the rest of December can provide us a few +300 days to finish out the year. I really could use that to start digging out of my hole.

Next year try not digging the hole in the first place.
You'll have more market sense now won't you. It's all a learning curb. I try to use a less agressive approach but we all get caught sometimes.

Originally Posted by Bquat

Next year try not digging the hole in the first place.
You'll have more market sense now won't you. It's all a learning curb. I try to use a less agressive approach but we all get caught sometimes.

Yeah I watch things a lot closer now than I used to. I also need to stop being so greedy and get out after gaining some money.