Search results

  1. M

    Fading today's rally.... Trade it or Fade it?

    %% MOST likely\ they were\ but the ''bear killer nickname'' for OCT can kick it up?? Sorry i missed the bear rally last NOV bear \2018. I 'll try to catch some polar bear rallies this NOV if that pattern repeats:caution::caution:
  2. M

    Help Soy learn trading 10/13/22 edition - was that just a huge support point?

    %% THAT's the main trend\ down. Dave Ramsey did mention he was buying this month, but he buys every month[buys funds, + some time$ RE] Actually, i risked a bit of SPY inverse profits today on bear rally + good thing it was only a bit\LOL:D:D. Easy to lose on bear rallies, even with hind sight...
  3. M

    What's the best way to make money in a bear market?

    YOU maybe right\ even though 2008 bear, was what \52 weeks \or 14 months???? Wonder if talking snake news explains the bear rally like this?? Traders + investors+ short covering buyers /hit the buy button , as they saw a Lays Potato chip handbag priced @ $1,100 to $1,800:D:D SDS + related/ made...
  4. M

    TA is BS?

    %% I WONDER if he loved math even with out patterns, like candlecharts or mountain\valley charts?? H& Shoulders alone = too subjective. Sure sounds like he loved math + math numbers; he worked as a code breaker+ MIT math teacher:caution::caution:. IF i could not have candlecharts, i would...
  5. M

    Fading today's rally.... Trade it or Fade it?

    %% Sorry i missed that / but that's life + i have enough on my plate. Frankly i like the trend move from yesterdays close to open today . QQQ went up 10% / from eod close to next days peak, in May 2002 bear. Of course that means one could lose 10% that same way. And to trade a counter...
  6. M

    Fading today's rally.... Trade it or Fade it?

    %% Looks like the market hated them. But like Art Cashin says for years/ ''the shorts help fuel the rally ''[I cant prove it but i think that UBS floor manager @ NYSE is worth about $10 million]
  7. M

    TA is BS?

    %% THAT's a complete definition of TA; good + i never thought of it that way. Rich Dennis reportedly said something like '' we dont care if its beans or bonds''. OK by me. But i know Dave Ramsey says beans + rice until the budget gets balanced + he never likes bonds:caution::caution: Sounds...
  8. M

    Bridgewater's Dalio warns of a 'perfect storm' for economy

    %% Mostly true; except home, RE\ car\ trucks\ gasoline\ some food \ many stocks\ many ETFs\ SLV[silver ETF]\ GLD\ [copper down ;but havent checked a chart lately] all sure have gone down this year.............................. IF someone has paid cash for Real Estate, some times they...
  9. M

    Fading today's rally.... Trade it or Fade it?

    %% I considered it\ + i sometimes do bear rallies. That's counter-trend But bear rallies maybe ''transitory'' as Fed said. [Dont know if he was talking about bear rallies\LOL] Glad i have a few longs, but even in AF, hindsight[noon CST] SPY was not up for week . SEE where SPY closes for day...
  10. M

    Risk Management is the answer

    %% Good ; + the other side of the coin follows. LTCM used insane leverage[unwise risk management] + blew up. I think WBuffet offered them $250 million for the whole fund; but his one hour time limit expired, before they responded rightly??
  11. M

    Fading today's rally.... Trade it or Fade it?

    %% I like the way market makers/specialists some times hit a target\resting order:caution::caution: Good thing i kept a few longs\ not many; inverses make + made much more, usually. AS of 11;15, SPY is not even up for the week, its close to up , maybe. BUT close doesnt count except in...
  12. M

    7 Powerful Visuals to see before you die.

    %% Good ; non psycho-babble post.I found some wisdom without a log in. Thanks Bkr88. Some people confuse psycho babble with muddy water + assume it must be deep/LOL:D:D
  13. M

    SP500 1700 only 50% drop away...

    %% SPY stalling all spring?? Summer?? Looks like a downtrending bear since FEB 2022.[JAN in hindsight\LOL] Bear rally in June; the thing about bear markets\ makes a low every day. Every day low?? Yes. Good thing i scaled + kept a few longs...................................:D:DIts hunting...
  14. M

    Help Soy learn trading 10/13/22 edition - was that just a huge support point?

    %% SURE does 10;57 CST. Make sure you have a sell plan for couterTrend longs[your buys] See how SPY closes for day\ week + month. I almost bought some more longs\ but like Fed noted, ''transitory'' LOL:D:D Its a downtrending bear market you know, maybe you dont know, but good question...
  15. M

    ... but is it doable in reality ?

    %% Looks good, but not a prediction=LOL:D:D And i remember his co name = TrendStat. That'$ the kind of name i could meditate on, not kicking my mind out of gear , but thinking about it again and again.................................................... NOT all addictions are bad, even though...
  16. M

    Bridgewater's Dalio warns of a 'perfect storm' for economy

    %% Good read; same with his Jack Schwager's top trader interview [hedge fund] book.....................
  17. M

    The collapse of Western economic system and the curse of Central Bankers

    %% NO wonder LBJ died younger\ died early\heart attack, shortly after Rich Nixon's landslide victory 1973. No wonder the talking snake media hated [r] Nixon from the get go:caution::caution: Frankly ,even though my banker dad never put up with foul language; I got more out of LBJ[yellow...
  18. M

    TA is BS?

    %% Good points; but that water walking pattern happened once. King Solomon said- In all labor there is profit-Proverbs. Of course other things happened like ''finding a coin to pay taxes, in first fishes mouth ''= not a real common pattern, also. Matt 17;27 NKJV I heard a good joke about a fake...
  19. M

    TA is BS?

    %% Good points; to exclude fundamentals could or would be a big mistake, even if they are not used much. QQQ .........doesnt trade like SPY + related; but perhaps, one could get by using same system+ same discretion.
  20. M

    How long did it take to become consistently profitable ?

    %% Good points s-trader; + depends on the business. Service businesses, 5, all 5 profitable from 1st week. But 1 week doesnt mean much. Trading- investing public markets\ i did so non random\terrible 1st year ; i figured i could do much better than average\LOL:D:D [Skip my loss-service...
Back
Top