Thread: Bquat's Account Talk

Spidey sense "I think I've been pressing too much".Locking in gains. 100 G Fund: Thanks Spidey:

BT, January 24, 2011...

"We are headed much, much higher. A reviving industrial economy and rising corporate profits, will influence the direction of stocks for at least the next year or so. The stock market is a discounter of the future and since March '09 it has been telling us that the road ahead is clear. Just be aware that when the VIX gets down to 14.66 there may be a consolidation. A break below 15.00 will put the VIX back at a level not seen since July 2007."

I shouldn’t have bet against apple. Crazy how many people love that platform and will pay for products that are free if you just use other devices.

Nice day for everyone who was in the markets! Congrats on the Ching! Have a great weekend everyone!

Are we over bought from the jobs report and unemployment number? I think it had all surprised. Let's call this chart " Testing th White Channel ":

Tomorrow and this week should be interesting. Maybe a test for the bottom of the midterm?

Is White Channel confirming:

Maybe...but what I am seeing as more likely is a narrowing channel with the 1500 area as the end. I do note that a similar channel is there on the ^DJT. This could just be my creative imaginings though as I don't see a similar channel on the SnP.

Looks like that open gap near the end of March will be filled today. 50 day now resistance but will the 200 offer support?

White channel failed so I removed it and redrew the midterm:

Good pop after gap fill. New higher low white channel test.
So much news volatility so I be Testing: