Thread: Bquat's Account Talk

They may be waiting for past our deadline.

once again the market has been waiting for the afternoon to make a move up or down. morning play is just pretend and afternoon is playing for keeps. IMHO my gut tells me its gonna rise just my gut tho not my head.

Originally Posted by Bquat

They may be waiting for past our deadline.

Originally Posted by GUCHI

once again the market has been waiting for the afternoon to make a move up or down. morning play is just pretend and afternoon is playing for keeps. IMHO my gut tells me its gonna rise just my gut tho not my head.

My gut says break downward. If we could get 3 hours added to our deadline it could improve our decisions 60% but no . They need the time to make day trades on our moving money before the market close.

Originally Posted by GUCHI

once again the market has been waiting for the afternoon to make a move up or down. morning play is just pretend and afternoon is playing for keeps. IMHO my gut tells me its gonna rise just my gut tho not my head.

Good call. Also there are several reasons why this market will continue to rise. All three, the Dow, S%P, Nasdaq, are above a century mark number and holding, actually using these plateaus as a base. Also the QE is still causing the bond market to rise, and money from there moves into the equity market. Also it's holiday season and a proven, it's been established, time of the year for stocks to rise. Moving into 2014 the S%P will be at 1900 before May.

Originally Posted by Bquat

Same here.Nobody wants to commit in either direction. So low volume consolidation instead of a drift up. We have moved to the right of the bear flag. Should be getting weaker but not seeing any sign of it. If we don't break down soon, I'll have to redraw a high base.

Done:

Originally Posted by Bquat

They may be waiting for past our deadline.

Done also.

Originally Posted by GUCHI

once again the market has been waiting for the afternoon to make a move up or down. morning play is just pretend and afternoon is playing for keeps. IMHO my gut tells me its gonna rise just my gut tho not my head.

You got this one. Just hope we don't get a pain in the gut this afternoon.

Someone stuck around to sell. Almost a bearish engulfing pattern:

Originally Posted by Bquat

Someone stuck around to sell. Almost a bearish engulfing pattern:

Someone big and many investors will buy tomorrow, making that seller eat some dust. The seasonality dictates tomorrow and Friday.

Originally Posted by JimmyJoe

Someone big and many investors will buy tomorrow, making that seller eat some dust. The seasonality dictates tomorrow and Friday.

I don't know for sure. I did draw out maybe a bull/bear switch line. Just trying it out.

Originally Posted by Bquat

I don't know for sure. I did draw out maybe a bull/bear switch line. Just trying it out.

Thanks for trying out a positive scenario. Chips are on the table. I want 4% gain this month but I'll take 3, if I get 5% in Dec. That might get me 35% for the year, might. If not, well there's always next year. 2014 will bring in some great gains. And that, by the way, is a sign of a millionaire, though I'm not one yet. That sign is, always looking toward the future, positive.