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  1. Scataphagos

    Pathetic... powell asking for more free money from congress

    Venezuela Orders 71 Tons of Paper To Print New Banknotes Worth 23 Cents Each So much so that according to Bloomberg, Venezuela is now importing 71 tons of paper from Italian money printer Fedrigioni (majority owned by US Private Equity giant Bain Capital) which it will use to print new bills...
  2. Scataphagos

    Don Jr. thinks Trump is acting crazy, wants to stage an intervention

    Which, BTW, is all too likely.. IMV... unless Trump wins with an incontestible landslide electoral tally, The Dems' "cheat machine" will somehow have them "winning?" the election. :(
  3. Scataphagos

    Is it possible to know whether the market is a ranging or trending market?

    You don't get to KNOW about "what happens next?". You can infer what is "likely" (through Price TA), and that's what you play... "on the fly" as to how far it goes.
  4. Scataphagos

    Is it possible to know whether the market is a ranging or trending market?

    What's "crystal clear".. "fact"... is INDICATION. That's all you get. Of course we'd all like to know about "follow through". We don't get to know of that.... ever... you only get to evaluate that "on the fly".
  5. Scataphagos

    Is it possible to know whether the market is a ranging or trending market?

    You can only "predict" up to a point. That is.... "After ____, usually comes ____" That's correlation/prediction? It's "prediction" up to a point. That is, you KNOW what "usually" happens, so you "predict" it will be the same again this time.
  6. Scataphagos

    Is it possible to know whether the market is a ranging or trending market?

    Cannot be successfully "predicted". Must be "played by ear". All you get to know is the "possible beginning/ending" of a move. For the rest, you have to figure it out on the fly.
  7. Scataphagos

    Is it possible to know whether the market is a ranging or trending market?

    Once trend is established, it is clear. In the transition from "up-to-down" and vice versa, it is subjective. (There are short-term trends within longer term ones. To pick your way through all of it, you need to understand Price TA. Regardless of all the dopes and nay-sayers on ET...
  8. Scataphagos

    Today will be interesting. Will the Naz hold the 50 dma ?

    You know, of course, of times when that "advice" is ENTIRELY WRONG from a trading perspective, don't you?
  9. Scataphagos

    Is it possible to know whether the market is a ranging or trending market?

    That's a bit difficult to describe clearly, however... Every security has a "normal noise oscillation range"... "noise volatility", if you will... where it can bounce back and forth without indicating anything about its overall trend. That range is a playable thing... it varies from a small...
  10. Scataphagos

    Is it possible to know whether the market is a ranging or trending market?

    I don't care to elaborate, but in general this notion is incorrect. The ONLY trend that really matters in trading is the "swing" trend... and once established, is clear beyond "eye of the beholder".
  11. Scataphagos

    Is it possible to know whether the market is a ranging or trending market?

    True. There are shorter term trends within bigger trends. The shorter term ones act the same as the bigger, but for less time and distance. The problem with "looking at more than one time frame".. is that they can be contradictory. One shouldn't necessarily look for/require the short term...
  12. Scataphagos

    Today will be interesting. Will the Naz hold the 50 dma ?

    Agree. So is the 200... and that's because "everybody" follows them and enough players act on them to be significant... often, anyways. There are times when the 50 and/or 200 are of "sideways slope"... and the market moves back-and-forth across them. At those times they don't mean anything at...
  13. Scataphagos

    Is it possible to know whether the market is a ranging or trending market?

    Interesting point.... that the market's bias/trend may have changed and you haven't caught onto it yet.
  14. Scataphagos

    Is it possible to know whether the market is a ranging or trending market?

    I feel obliged to answer as I'm on your "following" list. :) In the bigger picture... Conventional wisdom has, that if the slope of the 200 Day average is upwards, it's an up-trend. Downwards slope, it's a down-trend (bear market). It's always a good thing to "trade around the market's...
  15. Scataphagos

    Poll: 40% Of Democrats Say They’re ‘Happy’ About Trump Testing Positive For Coronavirus

    Yeah, no shit! The Left/DemoCrap have ginned-up a lot of animosity and hatred for anyone and everybody who is not "one of theirs". When you ask people to state exactly "why" they hate, they basically draw a blank or spew some lie (you know, "Trump is racist")... simply because Peolosi and Co...
  16. Scataphagos

    Poll: 40% Of Democrats Say They’re ‘Happy’ About Trump Testing Positive For Coronavirus

    https://www.infowars.com/poll-40-of-democrats-say-theyre-happy-about-trump-testing-positive-for-coronavirus/ Shame on all of them! :(
  17. Scataphagos

    Susquehanna, wealthy trading firm could make $15 billion from TikTok

    Amazing.. A stupid little app like TikTok... where people act silly/stupid. But so many people tune in that an advertiser might target... and it's worth this kind of money? Or is there more to TikTok that I perceive??
  18. Scataphagos

    Billionaire Returns to High-Tax New Jersey to Face $120 Million Tab

    Couldn't he have moved her to FloridUH for a lot less? Women... Why do they make all of us men do stupid things*? *Rhetorical question, of course. We all know why.
  19. Scataphagos

    Trump - Brilliant Play: Supposedly tests positive for Covid; recovers in 2 weeks; wins election

    Well you know, when it comes to politics... it's the truth that's the "needle in the haystack".
  20. Scataphagos

    Trump - Brilliant Play: Supposedly tests positive for Covid; recovers in 2 weeks; wins election

    Biden prolly goin', "Why didn't I think of that? Damn, he beat me to it"! You know what they say... "The 1st casualty of war is the truth". Same with politics. :)
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