Thread: Bquat's Account Talk

Originally Posted by Bquat

I hesitate sometimes and sometimes jump the gun. Nnuuts info on the H&S caught my attension. He was just sending the link, but I was watching the channel and somewhat missed what was just before my eyes.

I make mistakes sometimes. Hopefully they're less and less. I think most of those that went in was also watching the tops and bottoms of the channel for sells and hitting the bottom should normally be a buy. I still think the channel itself can still have it's day and may still have it by touching the 1334 mark and go positive out of the pennant. Doesent this pattern with the down day look like the previous pattern and may repeat?

Maybe another chance if we touch and bounce off of 1332 and make it back over 1335 we can repeat the pattern.

Tomorrow slightly bearish 55/45 till we see 1332ish hold.

Ok let's hit that reset button.

Well I guess right but can't get in today. This having morning appointments for a couple of weeks hurts.

In the pdf chart of the S&P that I have shows that we should go bullish from here. Des is concerned about the green line and what has happened in the short time frame. He says that the pattern he recognizes can cause people to lose money chasing big gains after this pattern. It looks like a repeating pattern between the black dashes to me. Here's his link.

http://freeonlinetradingeducation.com/

By the repeating pattern, the day after the black dashes in a big gain. I have to watch for this before my buy in because I'll be chasing the bull and miss 2/3 of the move and have more risk. I have wanted to follow this pattern and may do so. Since I don't have and appointment until 1200 ET, I will watch the market until 0930 my time and chose to get in or not.

So 60/40 bullish. With an eye open.

What you think?

If you go to another site, without logging out, does your little light stay green. I didn't know if it shows when your only on this site or stays green untill you close your browser. Kind of the fridge door thingy.

It stays on as long as you don't log out, close your Browser or you time out and are automatically logged out, I think?

Originally Posted by Bquat

In the pdf chart of the S&P that I have shows that we should go bullish from here. Des is concerned about the green line and what has happened in the short time frame. He says that the pattern he recognizes can cause people to lose money chasing big gains after this pattern. It looks like a repeating pattern between the black dashes to me. Here's his link.

http://freeonlinetradingeducation.com/

By the repeating pattern, the day after the black dashes in a big gain. I have to watch for this before my buy in because I'll be chasing the bull and miss 2/3 of the move and have more risk. I have wanted to follow this pattern and may do so. Since I don't have and appointment until 1200 ET, I will watch the market until 0930 my time and chose to get in or not.

So 60/40 bullish. With an eye open.

What you think?

I went ahead and got in buying the weakness and looking for a bounce Monday after the red dotted line is touched.

Originally Posted by Bquat

I went ahead and got in buying the weakness and looking for a bounce Monday after the red dotted line is touched.

Gapped slightly below the red dotted line, came up above it and retested it. So what's the hold up let's go.

Happy with todays action after hitting 1318. I hope that was close enought to 1310 because we built strength from there. I like how we slowly built. Is this the bullish move we needed. I think so.

so bullish 55/45

Futures UP:
http://www.bloomberg.com/markets/stocks/futures/

Oh, you be such a kind person.

Originally Posted by nnuut

Futures UP:
http://www.bloomberg.com/markets/stocks/futures/

So...

They were up yesterday too... (and down, and up...)

They were down last night and the night before as I remember I check them every night. Full Moon?