Thread: Bquat's Account Talk

Looking good. I am real surprised my rungs are so calibrated. You think the market is looking at them? One hour to high base.

I'm thinking we may be seeing a reversal soon...What does your spidey sense say?

Originally Posted by Mcqlives

I'm thinking we may be seeing a reversal soon...What does your spidey sense say?

Remember when I said we'll watch at 1844? Well I was worried about a touch and drop a little above it but we got up faster than expected and the touch may have started.
If my caution rung is not retaken I'll probably exit. Watching the F flag bottom trace right now.

It held so far.

Originally Posted by Mcqlives

I'm thinking we may be seeing a reversal soon...What does your spidey sense say?

Spidey says drop 50% exposure for Mondays full volume day and decide with January news to + or - 50% as I have mentioned for 2014 trading strategy. What you think?

Originally Posted by Bquat

Spidey says drop 50% exposure for Mondays full volume day and decide with January news to + or - 50% as I have mentioned for 2014 trading strategy. What you think?

Even though this is a high base, I am going to 50G, 25S and 25C to reduce 50% risk for possible post Holiday Trend Reversal with higher volume.

Originally Posted by Bquat

Even though this is a high base, I am going to 50G, 25S and 25C to reduce 50% risk for possible post Holiday Trend Reversal with higher volume.

I think I'm going to take a break too. I may miss out on a little but I see the odds of a actual dollar loss higher than the percentages I would make off of gains.

Originally Posted by Mcqlives

I think I'm going to take a break too. I may miss out on a little but I see the odds of a actual dollar loss higher than the percentages I would make off of gains.

I currently have 7% to protect. It am so surprise how the ladder worked an the yellow rung was right on. I may turn out better for us deciding today and not being exposed for Monday.

It (your ladder) worked very nicely...I just don't have a clue with this meandering around the 1842 mark. I bailed out of C and left my I. Hopefully Monday is good in the I fund still but I am getting more concerned with Egypt impacting the regions stability going into the new year.

Playing with this chart. Yellow lines reduce exposure and white lines are look for support. Comments as this goes forward for 2014.

I'd settle for SPX of 1900 by the end of January 2014 - anxiety levels are growing daily and heads will be popping off soon from those missing the boat.