Thread: Bquat's Account Talk

Originally Posted by Mcqlives

I stayed out...Wed is playing too much of a role in the action today. I can't read it at all...

I have over 5% gains this year that I'm trying to protect.

Originally Posted by Bquat

I have over 5% gains this year that I'm trying to protect.

ditto with about 16

Last night the descending triangle met it's projection in futures and bounced.You think we might get a repeat tonight? I think we're in a down trend but does the market. Looking at people entering today, has me a little concerned that I may be missing something. Increased volatility sometimes happens with change of trend direction. As much flip-flopping I've been doing I figure I should not enter. So state your side of things. I may be out of pocket tomorrow, so it's probably good I'm out. Ignore the yellow triangles and then the chart is unbiased.

Descending triangle projection met. Now what? I fear for more down. Glad I didn't enter, for now.

I'm back home for about 15 min.

Still in my flip-flopish mode but if I were to bias right now I would be a little concerned. We have passed some bottoming tails. Just me.

Originally Posted by Bquat

Last night the descending triangle met it's projection in futures and bounced.You think we might get a repeat tonight? I think we're in a down trend but does the market. Looking at people entering today, has me a little concerned that I may be missing something. Increased volatility sometimes happens with change of trend direction. As much flip-flopping I've been doing I figure I should not enter. So state your side of things. I may be out of pocket tomorrow, so it's probably good I'm out. Ignore the yellow triangles and then the chart is unbiased.

Another triangle forming up around 1782...this may just be another channel to bounce around in but I am 60/40 that the trend is down. Tomorrows fed will mean so much and there is no way we can get a heads up. THIS SUCKS!

Market is coiling for bigger move. The little angle fish should break in the direction of the trend which is down I think. So everyone may be hesitating while waiting for the Fed. announcement. So anything I think may be mooted by the fed. Here's the chart anyway:

Hey B, isn't it time to jump off the lily pad?!? 2 months is 2 long. Time to buy the dips, even if dollar cost avg'ing in!

Originally Posted by uscfanhawaii

Hey B, isn't it time to jump off the lily pad?!? 2 months is 2 long. Time to buy the dips, even if dollar cost avg'ing in!

I just don't think the bottom is in yet. I also done think I missed much gain since my exit on the 18 of last month. I may chance the Fed and enter tomorrow for their 7 billion buy on Thursday. Thinking. Maybe somebody will post a bullish chart in my thread. Hint JTH RMI JJ

Maybe Ben will say something nice for his exit. Maybe they won't mention tapering in Christmas season. What are the odds?