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  1. M

    Would you say I drew this trend line the correct way?

    %% YES. You can also draw it thru closes ….... I tested a moving average based on the highs; so far I use closes to closes……………………………………………….[I now see thats a weekly or monthly/2 year =thats better than daily charts, for support/resistance...
  2. M

    A new threat...

    %% I've used both. Best not to use a12 gauge shotgun inside city limits/LOL .22 subsonic[slower/LOL] slower than the sound barrier-boom/LOL.That works well; but never get in hand to paw combat with a sharp tooth animal --that can cut thru hickory nuts like a 4th quarter tech...
  3. M

    A new threat...

    %% Party true; .22 long rifle /12 gauge wins again..................................................
  4. M

    Pelosi Impeachment Inquiry

    %% More good news the ACA trainwreck; got the auto tax part of it killed=======================================================================================
  5. M

    Nasdaq held 10500. Some support.

    %% Most likely true of hogs; chicken +venison with red bbq sauce=good.+ good for you...……:cool::cool::cool::cool::cool::cool::cool::cool:…………………………………………..
  6. M

    Inverse Winners: SQQQ UVXY TZA

    %% I was thinking about a buy on spxs today/fri/25; but not yet;looks like spy + related found support below 50dma. I did cut a loss on cash SPY related ETF, tech etfs are doing so much better.Even though its most likely it could be profitable in late SEPT/oct...…………...………………………………...…... Even...
  7. M

    How long did it take you to realize that you were a gambler?

    %% WELL , actually since a cop occasionaly stuck his heads in that pool hall; he may have not considered gentlemen playing for $00.25s gambling. A REALTOR friend told me if I bought a cheap home on his lake subdivision ''thats gambling''[ I laughed to myself ]+ asked him ''how could that be...
  8. M

    Inverse Winners: SQQQ UVXY TZA

    %% I haven't looked @ SQQQ today; but with SPXS + QLD, charts, your sqqq chart looks like it pays to be out before last little bit with inverse ETFs/red volume/price.LOL I told that younger trader 100% use volume in tech analysis; its a requirement to enter his stock/etf...
  9. M

    How long did it take you to realize that you were a gambler?

    %% WELL, as a kid/never considered myself a gambler; but did gamble for a few years in a pool hall.Comissions were to hi back then to trade. As far as today, trading /investing never has been gambling, no matter how many times the WSJ says it...
  10. M

    Any usage statistics on indicators, signals out there ?

    %% Well here is some accurate stats on part of your theory. Some use VWMA, I seldom do because only one of my chart services has that . [2] 100% use volume. How do I know that?? 100% of brokers require a volume amount to be entered for any order tobe filled. As for the % of people that would...
  11. M

    157 acre Beverly hills property once listed at $1 billion just sold at foreclosure auction for $100k

    %% Maybe; maybe a bit overpriced on asking price/LOL...........................................Some Beverly hillbillys don't care.
  12. M

    Choppy af S&P open -- what are you trading today?

    %% That; or if you are already in , maybe can find another way also. I'm almost never quick enough to get in first or last 5 minutes....................................................................................
  13. M

    Risk Management

    %% True; plenty liquid ETfs seldom get a bad fill on market order or limit order exit. Cash ETFs reduce risk. Reading annual report/prospectus helps; they disclose risk we never thought...
  14. M

    Choppy af S&P open -- what are you trading today?

    %% Buy orders, tech ETFs, scaling in again/not a buy on opening gap . SPXS/spxu is still above 50dma.Good move yesterday on those.May buy some more this week .NOT a prediction...........................................................................
  15. M

    Another newb looking for advice. :)

    %% True; its an intentional + repeating market pattern. Its worth repeating. And have a Goodyear/Goodrich. NOT a stock tip ;they're good names. Good :caution: :caution::caution::caution::caution::caution::caution::caution:[That's the stock market; a good name or good co does NOT mean a good...
  16. M

    Another newb looking for advice. :)

    %% Good. SPY is much better than some junk in the stock market. I bought a used tire, Goodyear or Good rich from a junk/recycle dealer. He wrote ''good'' on the tire '' LOL/true.:D:D:D:D:D:D:D
  17. M

    Price for American Silver Eagles - why bid ask so wide?

    Sounds like you just got one quote/oops .[>20% is too high bid ask spread] BUT if SLV has a 20% bid ask @13, then that one dealer would be consistant with your math., when it goes to $26 [Educational example/dont try this @home.] My mama told me-you better shop around...………………………………………………………..
  18. M

    Is Trailing-Stop like trading with Moving Averages ?

    %% IF only the markets were that simple; all could be millionaires, easy. And a psar[parabolic stop+ reverse or parabolic time price] is a lot like a ma...……………………………………………………………………………………………………………… [Actually the fact that you dont like a ma is a good thing; interstate hiway works well-- but...
  19. M

    What's the future of Crude (Brent)?

    %% Long term, oil looks better than shady solar. Ask the state of CA with their feeble attempt to ramrod clean energy with power shortages galore. But if people keep leaving CA, could work , maybe.LOL:cool::cool::cool::cool::cool: Not a prediction.
  20. M

    ,, - What made us buy ? " Howard Marks on 2008

    %% Sure. Compare mostly up,bull market chart of Nasdaq, S&P 500 in 2009, 52 weeks chart. Nasdaq up about 44%, 2009. Compared to mostly down, bear market of S&P 500, Nasdaq, down about 50%,2008, 52 weeks chart...………..Amazing difference:caution::caution::caution::caution::caution::caution...
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