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  1. Scataphagos

    Where would you invest $1mm today? (pick 2)

    Doesn't QQQ look like a good proxy for tech? Especially if trading size.
  2. Scataphagos

    Where would you invest $1mm today? (pick 2)

    Maybe cash. 1. The financial/investment scene is uncertain and high risk all around at this time. 2. If one can be patient, it could be that we're in the middle of a big bear market which has farther to run. If so prices will get cheaper... perhaps MUCH cheaper... and you'll have firepower...
  3. Scataphagos

    How do I Choose before Dell Ships Workstation

    Probably good advice. Personally, I require an "update version" to be out for a minimum of 1 year before I'd consider installing on my rig.... give 'em time to find and fix flaws. I go for 90 days delay (max offered) on other updates, too. So if it were me, I'd choose the "oldest" version of...
  4. Scataphagos

    Speculation on S&P500 futures (analysis and trading signals)

    Well of course. That's not what people/traders usually mean when they say "market prediction".
  5. Scataphagos

    Will the Fed Buckle Under Wall Street's Pressure?

    Probably a good thing, 'cause right now it's looking like "all roads lead to Hell".
  6. Scataphagos

    Will the Fed Buckle Under Wall Street's Pressure?

    You're probably right. Does that give you comfort vs. the destruction caused by high inflation? I guess there's a 3rd choice... have US government admit they can't pay off bonds and interest rates... so "we won't". Then everybody will just have to eat the loss. Wipe the slate clean and start...
  7. Scataphagos

    Will the Fed Buckle Under Wall Street's Pressure?

    That's the dilemma. A "Hobson's choice" if you will. Either a financial and asset crisis or ruinous inflation. I suspect they will go with the ruinous inflation for a while... suffer a bigger pain later rather than a smaller one now.
  8. Scataphagos

    Will the Fed Buckle Under Wall Street's Pressure?

    Think "Volker". He did the "unthinkable" extreme to squash inflation in the late '70s-early '80s. We need that again... now. And JPow knows it. Can't recall ever the "UN and everybody else" crying for the Fed to stop hiking rates. It seems everyone is overleveraged on ZIRP and can't afford...
  9. Scataphagos

    Will the Fed Buckle Under Wall Street's Pressure?

    JPow chickened-out in '18.... and look what it lead to. If he holds to quelling high inflation, we have asset carnage for a couple of years. If he caves, we get left with high inflation for a decade or more. THAT will destroy almost everybody... not just a 2-year pain.
  10. Scataphagos

    Speculation on S&P500 futures (analysis and trading signals)

    Ditto. When the market is acting bearishly, which it currently is, it's generally not worth the risk of going long. Exception if you're nimble enough to play for a "counter-bounce"... aka, bear market rally.
  11. Scataphagos

    Speculation on S&P500 futures (analysis and trading signals)

    I am unable to make predictions. I only react to price on the chart.
  12. Scataphagos

    Market completely craters and VIX was... DOWN?!

    Ditto, IMV. The bulls have yet to acknowledge the bear market.
  13. Scataphagos

    AMD vs INTC

    No question that AMD makes some "hellacious" performance CPUs. Intel often works in a different space... "multi-function". Some overlap, but not exactly the same. Both are very good. Pick the one that suits your task. Personally, I've bought only Dell workstations with Intel Xeon CPUs in...
  14. Scataphagos

    Speculation on S&P500 futures (analysis and trading signals)

    The long on this is perhaps OK... could be a bear flag... stoploss should be a bit below the low as marked..
  15. Scataphagos

    Speculation on S&P500 futures (analysis and trading signals)

    It's not. That was not a good technical place to short. :)
  16. Scataphagos

    Thoughts on Larry Connors books?

    "Mean reversion" is a thing... but it's difficult and spotty to try to trade for "when" you think a reversion move is going to start. There are not "things in the market that work for some and not for others". There are only things that don't work for everybody (that is, they work for...
  17. Scataphagos

    Anyone know this simple Money management calculation?

    This -8% stop loss... is from Bill O'Neill. Totally logical... IF... your entry was "technically correct/reasonable" or if chasing a story/concept... if the play moves >8% against, you probably got it wrong. That is, you need to know Technical Analysis to make proper trade entry.
  18. Scataphagos

    Anyone know this simple Money management calculation?

    Don't be a dope to hold from 100 to 50. Should have stopped out no later than 92.
  19. Scataphagos

    I keep cutting my winners

    There are 2 logical places to close a long position. 1. When you aggressively sense the move is/might be over.... trying to top-pick by selling into a high/resistance. 2. When you defensively sell because the upside move pattern has broken. You need Technical Analysis for this.
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