Recent content by sumosam

  1. S

    A few health tips for traders...

    I totally agree with the decriminalization of prostitution...who would pick up the slack? Isn't organized crime in on this big time, but then, there is always opportunity. Another growth industry would be legalized euthanasia. Perhaps this time of economic downturn might force these issues.
  2. S

    34 million Americans are currently unemployed

    the volume is constantly contracting....this rally is long in the tooth. the banks are back at it...selling derivatives....so much for regulation. we will get another jolt. wait for it.
  3. S

    Next Toronto Hook up -thurs June 25

    Great! I have 2 new members who are interested in coming. Does anyone want me to present on Gann/time analyisis. I know vanquish did a presentation on his Gann system which was excellent, but this is quite different.. I can't present the entire system but can talk abit about time by degrees...
  4. S

    Neely, Prominent Elliot Wave Analyst, Says Equity Market To Drop 50% In Next 6 Months

    i agree that interest rates are headed higher. some traders believe that interest rates have a 27 year cycle...they bottomed a few years ago and are now headed up. i remember 1980 and we were in a depression
  5. S

    Next Toronto Hook up -thurs June 25

    tuesday works for me. sounds like paupers. if anyone is interested, i can talk about a course i went to, in san fran. it is on Gann.
  6. S

    Are there any Trading Educators that work?

    I/ve taken courses from Optionetics, Adrienne Toghraie, Learn to Trade (Toronto), FXTE and Safety in the Market. Of all the above, Safety in the Market is the best. They are from Australia but do come to the US to do their "Gann Jump Start"....I do recommend that if you take one course...
  7. S

    Do you know why 50 Billion was thrown at Madoff's feet?

    I read today that he was connected with organized crime. He is probably taking the fall for this. Trouble is, everyone is focusing on him.....what about the naked short sellers who literally take down some wonderful start ups....they go free and probably do more damage. check out ...
  8. S

    Toronto garbage workers go on strike...

    Problem was, city councillors gave themselves a 2.4% raise, and now are expecting workers to have cuts to their benefits. Stupid councillors, now toiurism will be shot to hell. I don'tagree with strike action....i live in Etobicoke where we decided to privatize garbage collection. they get...
  9. S

    Neely, Prominent Elliot Wave Analyst, Says Equity Market To Drop 50% In Next 6 Months

    i respectfully agree that the market will go into another free fall....sure, the fed is "injecting liquidity"......what does this mean? Nada, unless people are willing to take out new loans. Don't know about you, but I am not in the mood for major purchases. And why? If prices keep...
  10. S

    Preview of a Coming Attraction: Michael Milken, 60,000 Deaths, and The Story of Dendr

    Thank you, also, for sharing this. Two things seem quite obvious: there is more money to be made shorting, this is the kind of stuff that could erode confidence in the capital markets I'd say we are going way down, and civil unrest could be possible I've heard it said that bear...
  11. S

    Next Toronto Hook up -thurs June 25

    Sounds like this month is not going to work out...
  12. S

    Sell ES 931 Objective 780

    FYI, I read a post today stating that Glen Neely has stated the entire bear rally is over, and predicting a move down to 700's, if not lower. I think you need to try different time frames, stops to see what works.
  13. S

    Has anyone ever gone through this?

    i/ve heard it said that all traders seem to go thru a cluster of good trades and bad trades....in many ways making so much money so quickly can easily lead to over confidence and over trading.... you have lost your psychological capital, for now. take a break, go do something else, even if...
  14. S

    Next Toronto Hook up -thurs may 25

    Thanks pbw. I would be interested in attending, but just find it very loud and the parking expensive....imho Was wondering, if, there was any interest in attending a hook up at the Homestead bar....free parking...Around the corner from the Old Mill subway stop. beautiful bar, comfy chairs...
  15. S

    Reuters: US to lose AAA rating!

    Also, I was following elliottwave.com I missed out on this ferious bear market rally....March 6 they were saying there will be a deeper plunge. I unsubscribed. I do respect Pretcher especially in the area of socionomics and feel he has the general picture right, but he tends to...
Back
Top