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  1. Scataphagos

    Where the heck are the support lines in this market?

    He's obviously mocking TA. Only a noob or a fool would do so.
  2. Scataphagos

    Where the heck are the support lines in this market?

    Sometimes you come off as pretty smart. This post calls that into question.
  3. Scataphagos

    Where the heck are the support lines in this market?

    Doesn't matter... same support zone shows up on all charts regardless of time frame. To be clear... ie, support on the 1 hr chart will show up on all charts of shorter duration... but not necessarily vice versa. That is, support on the 5-min chart may or may not show up on the hourly chart...
  4. Scataphagos

    Where the heck are the support lines in this market?

    The important one right now is SPX 3636.87 Perhaps "look out below" if 3636 gives way.
  5. Scataphagos

    The Fed Is Finally Seeing The Magnitude Of The Mess It Created.

    Thanks to Powell and Yellen and Bernanke and Greenspan, we’re living with the consequences of the Greenspan Put, followed by a decade of QE, followed by the “panic and print money” mania of the past two years. 100% agree. Regardless of how beneficial some may see actions of the Fed, the fact...
  6. Scataphagos

    "Excess Mortality Soars"... every possible explanation considered... except one... COVID VACCINES!!

    In my personal "tin foil hat" view, this is on the right track.
  7. Scataphagos

    "Excess Mortality Soars"... every possible explanation considered... except one... COVID VACCINES!!

    Actuaries know the "normal death rate" down to a tiny fraction of a percent for most age groups. They are very consistent year-to-year and over time. So when there is an increase of 40% in one year among working age (or 1000% in children), it's more than eye-popping. Life insurance companies...
  8. Scataphagos

    My #1 doubler pick here: UVXY

    UVXY... is that one you get a K-1 on at the end of the year?
  9. Scataphagos

    "Excess Mortality Soars"... every possible explanation considered... except one... COVID VACCINES!!

    I don't know about Trump's property "anythings". But you have to ask, "is there a thing" that could have caused this, or "multiple things" which could have caused. Insurance spreads its risk geographically so that something in any locale doesn't result in concentrated claims. The excess...
  10. Scataphagos

    "Excess Mortality Soars"... every possible explanation considered... except one... COVID VACCINES!!

    I used to work in the insurance industry. The excess deaths experienced in the last couple of years are virtually statistically impossible.... unless there's a definite causitive agent. My view is that it's nearly 100% certain that agent is the covid vaccines.
  11. Scataphagos

    Market lesson at this time...

    1. I don't have any "forward looking" analysis. I can only react to chart structures as they develop. 2. Live posting of trades is too distracting. In the past, when required, I'd had all of my trades audited. And that was when I expected a large financial reward (beyond trading profits)...
  12. Scataphagos

    Market lesson at this time...

    1. Support/Resistance on ALL time frames work the same. That is, support on the 1 hour chart will also show up on all shorter time frame charts. 2. You don't know whether S/R will hold THIS time... that's what stops are for. If they don't hold, you lose only a little. 3. "Yesterday.. false...
  13. Scataphagos

    Market lesson at this time...

    That pool/poker story still cracks me up. And you're correct... about "perfectly good horse right in front of you all the time". We all see the same charts, but we don't all take from it what we could. One of my favorite quotes is from Sherlock Holmes... when asked, "Just what is it that you...
  14. Scataphagos

    Market lesson at this time...

    "Buy low"... AT SUPPORT. "Sell high"... AT RESISTANCE. "Most useful and practical". It's also technically correct to "buy high and sell higher" when appropriate. So... if you're not going to trade off of support/resistance, just what motivates you to buy/sell?
  15. Scataphagos

    Market lesson at this time...

    You know, it's such a sense of satisfaction... THRILL even... when you come to the conclusion that you've "figured it out yourself". I wouldn't want to deprive you or any trader of that "Ah ha" moment. It's all the same I've been saying for years... Buy Support Sell Resistance Chase Breakouts...
  16. Scataphagos

    Market lesson at this time...

    Same as all the time... Buy Support, Sell Resistance, chase breakouts. Works the same in all time frames and in all markets.
  17. Scataphagos

    Market lesson at this time...

    1. A "course" would be too much trouble. 2. I became a market millionaire years ago. 3. The Greek version of Scataphagos* translates to "shit eating"... self-deprecating humor, you know. :) *Some Greek ETer once PM'd me and asked, "do you know what that actually means"? LOL! I changed...
  18. Scataphagos

    Market lesson at this time...

    ES bulls have successfully defended 3840-3850 at least 7 times over the last couple of days. Even a blind trader should have seen that.
  19. Scataphagos

    "Excess Mortality Soars"... every possible explanation considered... except one... COVID VACCINES!!

    Excess deaths in ages 0-14... up over 1000% Excess deaths ages 18-64... up over 40%. Seems a great mystery. Insurance carriers want to sue vaccine makers... but they were granted immunity. America... what a country! :(
  20. Scataphagos

    Stock Watch... Microstrategy... all(?) they own is Bitcoin... keep an eye open

    Not a crypto guy myself, but this could be one to own for exposure to BTC.... especially after the "big smashola".. FWIW..
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