Breakdown about to occur

[michaelscott]

I hope you believe me now. I wasnt kidding.

 

[michaelscott]

The breakdown is not over, not over yet. I predict we will see S&P 1450 in the future.

 

[truetraderone]

Quote from stock_trad3r:

MEDS!!! TAKE YOUR MEDS!!!!

actually, i think you are the pot calling the kettle black.

i bet you probably needed a few pain killers after your risk capital dried up after 2pm, when the bulls couldn't pull it together.

 

[michaelscott]

Do you still think that I need to take "meds"? My call was very accurate.

 

[Rugby]

Lets give the Michael Scott his due here....He has been very accurate on the indices. It remains to be seen how his momo shorts will work out....MA RIMM AAPL etc....(Goog- working)

 

[SiSePuede!]

Quote from michaelscott:

Do you still think that I need to take "meds"? My call was very accurate.

You're a windbag boy, but your points were well made this time...not proven yet, but the case is being made.

 

[macdaddie]

Traders that care about being right will be eventually flushed by a market with no such pretensions

 

[noddyboy]

Quote from michaelscott:

Do you still think that I need to take "meds"? My call was very accurate.

Congratulations! I enjoyed reading your posts.

 

[poohbear]

Quote from michaelscott:

I think you have a big problem.

In order to make money in the market, you have to be constantly flip-flopping. Think of all the money lost when someone stood by and defended their words. There have been many times in the past where the market just suddenly turns and those that did not flip-flop quick were run over by a bulldozer.

I agree. SunTzu's Art of War says " the form of war is like water", which means your strategy should be very fluid and always adjusting according to change of situations

 

[stock_trad3r]

Flip flopping generally wont make you as much money as having a consistent, effective strategy.