Search results

I agree with both Pekelo and Buy1Sell2. Short term top is likely in. We will have a bounce soon with the perma-longs saying "SEE,... the BULL is still alive" only to get rejected as the market corrects 5-7%. I suspect a lower high or double top will form. So, Staying in mostly cash until the...

Well there you go. See Easy Peasy.....

Did you keep this short?

Looks like it's picked up steam to the downside. You will likely Need to cover in my humble opinion but I still don't like trading VDE over XLE. I am actually looking to find a spot to potentially short XLE at this stage. Anyway, good luck. I have no skin in the game at this point but will be...

Do you NEED indicators? Absolutely not. Not anymore than you need a tachometer or speedometer to drive a car. They are just instruments to give information on momentum just like many indicators give information on market momentum. Trading can be done well with them and well without them and...

If you don't know how to use the tools and you don't know what you're looking for I can understand how it can appear that way.

Since you asked,... the charts in 2000 and 2007/2008 showed the uptrend was weakening. Yes there was an absolute top noted in both those instances but the top showed a weekly negative divergence on MACD (blue downward slanted line on both those charts). My goal is not to call the absolute top. I...

I trade purely off TA. Clearly we are at the top of a long term uptrend channel resistance. There is nothing to suggest the uptrend is over.

Personally, I don't think this is a major market top but my analysis suggests a short term top within a major uptrend. I have more sell signals than buy signals in what I am looking at. We could hover for a bit but I am not putting new money to work here. S&P of 2200 not out of the realm of...

Out of most of these positions at present but: Us Steel (X) Bank of America (BAC) Mosaic (MOS) Cara Therapeutic (CARA) Marvell (MRVL)

Spoken like a true Liberal...divert attention away from the facts with name calling and changing the subject to suggest impropriety. It has already been established that he likely paid ZERO taxes for the last several years because of a big loss (billions of dollars) for which he writes off...

Because you are retired this is ALL THE MORE REASON to not allocate money based on strict $60K amounts. Limit risk with setting stops as I described. You can not afford to lose precious capital when you are retired.

Well, I am finding it harder to help you when you say NO TA, yet you state you have developed an "Indicator" to trade off. A trendline is an indicator to me. Hell, use a weekly EMA 52 or something. When EMA 52 < PRIOR week EMA 52 you sell.....that is an OBJECTIVE measure You are planning on...

He is probably short this market because it all based on "lies"

There was not one shred of evidence showing Russia "hacked the election". There was only evidence showing that Russia hacking uncovered information (from the DNC) that Hillary and the DNC were even MORE crooked than even many in America thought and would resort to any form of cheating to win...

But our prior do no wrong president stated "No challenge  poses a greater threat to future generations than climate change,"......and WE are Hopeless.....yeah right. Not that a rogue nation has WMD or Iran openly and proudly cuts off the heads of Americans and vows "Death to America" while...

Those people dont pay the fine anyway, nor do the hospitals report those uninsured people as directed by Obamacare. So they continue to get free healthcare. The fine is $700. Which is cheaper a premium or the fine IF and WHEN you get reported? Thats why that rule is a joke anyway.

As mentioned above you still have not addressed when you are wrong and why $60K is not a good amount to say you will trade per trade. Volatile stocks and volatile markets like 2008 will lead to steep loses. You need to be thinking in terms of what happens when I am wrong,...EVEN if you want to...

I agree. When, I say the word "retarded" anywhere around a liberal I get nasty snears because I am not politically correct.

I will take a stab at some constructive criticism I think may help. I may be interpreting your charts incorrectly but it appears that the green line is an entry and the red lines are partial exits. However, it appears you do little or no trading based off the actual chart and rely on some other...