Search results

Registered July yet you saw him call the bottom in March... So my question to you is, what other alias to you post under?

I know. It's sad because I am long and was looking to continue the trend. Now I must rethink my entire position.

Yes, the report was not all good. But it confirmed the fact that the overall trend is bullish.

I don't think you are aware of the reason rates are changed... Why would the Fed raise rates when a) no inflation b) have not yet posted any GDP growth (therefore recession is NOT over). Raising rates right now could easily stifle any economic improvement we're currently seeing.

Well here it is folks... Sell your longs, go short, your indicator is here.

You are wrong. Losing $1000 instead of $1100 is as sign of improvement. Think of the trend. Yes, losing any amount of jobs is not a good thing. But we are not going to get into job growth overnight. This is the process that has to happen. We lose a shitload of jobs (think January) and then...

I am not sure if your comment was meant to be bullish or bearish, but it is definitely bullish. Since history repeats itself, that means that we will come out of this recession in time, and everything will be just fine. It is not "different this time".

I love some good ol fashioned detective work. Props.

I have the same view that the economy is now correcting itself from last fall. The question is, how far does it go before it is "corrected".

What exactly would constitute as offering something of substance to you? The OP's exact trading system offered on a platter and gauranteed to not lose?

+1

+1 The cyclicals will come soon, but jobs are jobs. The main thing is that job growth is not falling at a greater pace, it is improving. More people with more money to spend is a good thing for the economy.

But the more people who are employed as teachers, health care professionals, and government employees means more people have jobs, which means more people are spending money, which means the economy grows. It has nothing to do with these jobs being where the next bull market will come from...

Great jobs report. No matter how the bears and the conspiracy theorists spin the whole government is lieing angle, the trend is towards improvement. It doesn't matter what numbers you use to calculate the unemployment rate, it's improving regardless.

OP seems very credible, unlike yourself. Given the fact that he isn't responding to non-trading questions and flames such as yours (unlike Sick), is a good indication that he means business. If you don't think the OP is credible and don't think his answers will help you make money, don't...

No point in cashing out when the uptrend is still climbing. Whether you are bearish or bullish on the economy, you should be in this market. At least until it tells you not to be. When does it tell you not to be? That's up to you to decide, but it certainly isn't right now.

Absolutely. You will not see employment growth before GDP growth.

+1

1. How long did it take you to consider trading to be your full time job? 2. In your opinion, what is the number one reason most traders fail? 3. What is your home setup like? Picture would be swell, but a description would also be interesting. Thanks.

This is true. I heard/read a quote a while back, can't remember from where, but the guy brought up a great point. The USA is the only country where the poor are OBESE rather than SKINNY. That should tell you something about the quality of life in general as compared with the rest of the world.