Thread: Bquat's Account Talk

Originally Posted by Bquat

Don't know if Dept Ceiling news is done yet. Close of day preliminary June Chart:

The news has overwhelmed my June Chart. Redraw are we there yet:

Originally Posted by Bquat

The news has overwhelmed my June Chart. Redraw are we there yet:

I redrew the Midterm Channel because this is crazy news stuff that will cause FED action:

But I have been wrong before.

Originally Posted by Bquat

I redrew the Midterm Channel because this is crazy news stuff that will cause FED action:

But I have been wrong before.

My cheat chart may not work:

Originally Posted by Bquat

The news has overwhelmed my June Chart. Redraw are we there yet:

I guess if it went down fast it can go up fast but I didn't see this:
Will the Topping Tail Line hold?

Playing with a shorter Longterm. Chart:

Originally Posted by Bquat

Playing with a shorter Longterm. Chart:

Very interesting action right at the Longterm line. Everyone is looking at the coin toss:

Chart:

Originally Posted by Bquat

Very interesting action right at the Longterm line. Everyone is looking at the coin toss:

Yes that's my guess. The market has been news based so much that it's waiting on news. Right? For the coin toss, they're even using a 50 cents piece (Who carries those anymore?). Well I can't guess the market anymore and why is Spidey awake? I am even thinking of checking out one of the premium services because I have a failure to engage or even guess anymore. Chart:

A coin toss when its not obvious. You are either Risk On or Risk Off when the data is slapping you in the face.
That is not the case right now. While we certainly never get all the talking heads moving in the same direction it is normally weighted one way or the other. At the moment it seems to be 50/50 split.
There are Perma-Bears and Perma-Bulls, no middle of the roadies at this time. Dang that sounds familiar.

Originally Posted by WorkFE

There are Perma-Bears and Perma-Bulls, no middle of the roadies at this time.

I'm Perma-Neutral.

Chart: