Don't worry, the FED will save you!!!!!!!!
100% guaranteed rally on 11-21-07
- Thread starter myminitrading
- Start date
"Tuesday, November 20, 2007
A Note About Integrity
A good trader's loyalty is not to the bull side or to the bear side, but to the data. Conducting analyses with an open mind and faithfully following one's independent judgment is a form of integrity--one demanded by shifting markets.
In practice this means that I must remain true to the market data that I track each day, whether I like what the data are saying or not.
Right now, at the moment I'm writing this, the data are not supporting the bull case. We're seeing an expansion in the number of stocks making new lows, not a contraction. We're seeing weak sectors get weaker, not attracting longer-term value-oriented buyers. Advance-decline lines are making new lows, not sustaining divergences."
Brett Steenbarger
A Note About Integrity
A good trader's loyalty is not to the bull side or to the bear side, but to the data. Conducting analyses with an open mind and faithfully following one's independent judgment is a form of integrity--one demanded by shifting markets.
In practice this means that I must remain true to the market data that I track each day, whether I like what the data are saying or not.
Right now, at the moment I'm writing this, the data are not supporting the bull case. We're seeing an expansion in the number of stocks making new lows, not a contraction. We're seeing weak sectors get weaker, not attracting longer-term value-oriented buyers. Advance-decline lines are making new lows, not sustaining divergences."
Brett Steenbarger
Good thing I exited last night. Days not over.
Ahhhh so you guaranteed a move higher with NO DOUBT, but you bailed yesterday after the market close...
Lost faith in that guarantee prertty fast..
Doubts crept in almost immediately..
Do you hear that? That is the sound of you losing credibility...
You guarantee a rally then sell?
nice start down 100+ at open