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Market behavior, it's all you need to understand.

Well, it's clear the theory and model are working.

07-31-07 07:46 AM Did you hear the pop sound up here in the 90's?

1465 ?

Consumer needs some dollargra.

It's like being a kid in the candy shop but you only got 5 cents in your pocket.

Wait, consumer confidence rose but spending shrunk? Is that like wanting to get long but you ain't so sure or got the proper capital?

:eek: Have the consumers lost their confidence?

Doubt that.

Yesterday this guy starts talking about what investors want to believe versus reality and just 10 minutes ago this chap says he uses technicals to enter and exit his stocks. I'm telling you they get their ideas from ET. I listen to bloomberg just to have background noise and pay attention to...

I swear the guys speaking on bloomberg radio are reading the es journal.

The only fundamentals I follow are earnings. Earnings drive stock prices. When price diverts from rising earnings then you have value opportunities and vice versa. I run a daily scan based on a simple, qauntifiable formula. The Little Book that Beats the Market by Joel Greenblatt is a great...

On the same note, there are traders that made 10x plus the fortunes of many fundamental investors with all this volatility in the markets. This is trading. An edge with a plan. If my plan says I need to make 2% a week and compound that then I really don't care how I get the 2%, as long as my...

It's telling me I should be short again here.

All I know is how markets behave and apply that model across the board. Of course, I can look at the macro as a filter or catalyst. Nothing wrong with that. But I've proven I could eliminate it from my work and have more time for life.

Let us take a perfect example. I am long the financial stocks, Goldman and JPM as of last week because of a simple pattern that has occurred in those stocks as well as many other stocks. Value guys are all over these. UBS comes out this morning and says they will start beefing up their...

So BB, please don't take it personal. Continue on, ignore my sometimes cocky ways. :)

Hi BB - This is not my thread, I did not chase SpoozTop away, the model is my own sweat, and all are free to provide constructive criticism and behave like grown men and women. A great, sharp analyst can be a great asset to a trader. But the trader with a sophisticated model can do without...

I agree as well Mins, there are many ways.

All I am saying is that I as a trader or investor using a model can be long the US Dollar and short Crude Oil without ever knowing the macro or micro or anything else. I am likely to be long or short sooner than the fundamentalists. I can also take the top 100 relative strength stocks and make...