Thread: Bquat's Account Talk

Originally Posted by BichonFreeze

We'll see. Yesterday had a pretty sharp early drop and then an afternoon rebound. It'll be interesting to see if the developments in Iraq put a bearing on the market, at least beyond the petroleum side of things.

Yes the market drifts up as volume diminishes.

Originally Posted by Bquat

Yes the market drifts up as volume diminishes.

Ain't that the gospel truth.

Got to go senior bowl. Continue to watch for roll over.

Originally Posted by Bquat

Got to go senior bowl. Continue to watch for roll over.

Have fun. Seems like the bond market just blew upwards. F fund currently up .23%.

Originally Posted by Bquat

I think technically we have fallen out of the bull flag:

Yes we rolled over:

Whoopee I'm green for the month: 0.14%

We came down to my buy line too fast so I moved it down. Did some redrawing. Expect the river to be crossed and downward momentum may increase. Kind of expecting 20 day supported channel to hold. Now to see the strength of the river:

Testing my Dead Cat Bounce line. I'm looking for the lower high to be set here:

I can't understand why the market isn't dropping yet. This is a lower high isn't it?

Originally Posted by Bquat

I can't understand why the market isn't dropping yet. This is a lower high isn't it?

A micro-sucker's rally before the TSP noon deadline...

Originally Posted by Whipsaw

A micro-sucker's rally before the TSP noon deadline...

You and me both think this so here we go: We could build a high base on the 11 day but we'll see. With Iraq I don't want to be in for the weekend.