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There is no "intrinsic value" for investing in a money manager's drawdowns. A company stock may be "sold down/oversold to perceived value", but not to a MM's "ability".

Sounds like their sales pitch all right.... doesn't work out so much as investors hope.

Look at how much hair he still has. You'd KILL for that, wouldn't you J-Mo?

Hate to agree with you J=Mo, but I sorta do. 1. Her advisers were dumb and greedy.... they really shouldn't lie to a little old lady just so they can make some commission. 2. They should have told her, "if your shares are called away, you can buy them back with the proceeds" (tax...

This is why guys dig Asian chicks!

“I’ll make a decision in the coming months.” — Rep. Liz Cheney said about possibly running for President. Yeah... like she'll get more than a handful of votes... She and Chuck Schumer deserve to be locked together in an 8x12' cell for a couple of years...

Yes. My broker requires ETFs be held 30 days before being used in margin.

Kidding, right? If voters used their brain, Biden would be STOMPED INTO THE DIRT! https://www.bloomberg.com/news/articles/2022-08-11/biden-primes-2024-run-eager-to-stop-trump-again-despite-doubts?srnd=premium#xj4y7vzkg

No. Compliance will cost you a bundle. "Threshold to handle the regulatory requirements"... ~$50 Million... as told to me by the SEC.

If you're a trader, you trade the price chart as best you can. All else is irrelevant.

Then you, sir, are a fool. The best that can possibly be done is to have your money positioned where the market has its. The best way to navigate that is by understanding "Price TA".

You should make an effort to learn "Price TA"... that is, "what the market is doing right now" without regard to "who is doing what and why?". Likely you won't get to know that, IF EVER, and certainly not in time for that info to be of value.

Apparently she thinks she should get special support from the government because (1) she plays basketball, and (2) she's black. In a sense I feel sympathy for her... but she's gotta be stupid as a box of rocks thinking she could get away with crossing an international border with drugs in her...

She says, "FU America"... until she needs our government to bail her ass out of legal troubles for her drug usage. Even though her anti-America attitude SUCKS... IMV, the penalty is too harsh.... but karma has a way of squaring the books...

My view... regardless of whether we're already in a bear market or it's coming later... is that the bottom is waaaaaay lower... either that or JPOW chickens and leaves us with high inflation for the next decade or worse. Neither choice is good. I hope for the "crush inflation and 2 years of...

And some still claim, "TA doesn't work". :)

Precter's crew called that a "big C Wave". Whatever, it doesn't matter now. If the market makes new ATH, that would be a gift to traders... its "5 Waves Up" count from the June low could be the biggest short opportunity in a generation, IMV.

You might like this story... Years ago I committed a computer to a program to do only EW counts. One time I recall it having tried 93,000,000 different counts to come up with a primary and alternate. Overall I remember it picking only TWO swing lows correctly. :) IOW... very difficult to...

Agree, it's HUGE... and easy to conclude "bear (possible) market".... but watching it I couldn't eliminate it as a "possible W4 up"... and I still can't. We'll likely know for sure if the ATH is tested/broken.

As you appear to know some EWT, here's my "bottom line, thumbnail" on your chart. 1. It's either the start of a bear market and we're currently doing a W4... maybe a W4 of W1 to the downside, and that would argue MUCH, MUCH lower before the final low. 2. It's a big A-B-C, W4 correction to...