Thread: Bquat's Account Talk

Here we go guys. I myself would love to set a double bottom right now.

Back in the channel and back above support. The line is holding again. I guess I will stay in. Maybe we can break out tomorrow. I am taking a risk here. It could be a bear flag.

A lot of us are taking a risk. You're not alone.

According to Des if we make a line over the tops of a longer term chart and copy it for the bottom, we're still in a bullish market and should go up soon. I tried this from Dec to now and he seems to be right. So up tomorrow would be great.

Here's his link and my chart. Broad Market

And what else is up? Stock Futures of Major World Indexes - Bloomberg

Originally Posted by Bquat

According to Des if we make a line over the tops of a longer term chart and copy it for the bottom, we're still in a bullish market and should go up soon. I tried this from Dec to now and he seems to be right. So up tomorrow would be great.

Here's his link and my chart. Broad Market

And what else is up? Stock Futures of Major World Indexes - Bloomberg

I think Birchtree is rubbing off on you.

Originally Posted by jkenjohnson

I think Birchtree is rubbing off on you.

Probably

Todays chart is brought to you by: WeGoinnaFightFromHere..com

Back to a simple pretty clean chart with minimal support below us and a couple of resistance above. We need to fight for 1.25% to recapture my 5 day and then work on 1368. 1368 is a triple top and may be hard to beat. Well there we go.

Sideways movement is ok. Let the 5 day come to us. Just had to do it. I drew a channel and we can break the 5 day going to the top.

We didn't go to the bottom of my current channel. I'll give it another day. Staying in. I think something good may happen. I am the contrarian indicator.
Ok, Spidey talk to me.

Originally Posted by Bquat

We didn't go to the bottom of my current channel. I'll give it another day. Staying in. I think something good may happen. I am the contrarian indicator.
Ok, Spidey talk to me.

Really suprized with the dip yesterday but bad news won out. So with no more bad bank news and since we overshot the bottom of the current channel, I'm ready for the bounce to begin. Would be nice if the Fed would start QE3 since the ecconomy is showing more weakness. Haven't capituated yet but I am close. So without a show of strength today, I may exit.

Originally Posted by Bquat

So without a show of strength today, I may exit.

Come to the dark side