after the 1929 crash there was a very large rally and people thought the bull was back, then it went down to new lows.
Bubble? WHAT Bubble?
- Thread starter bungrider
- Start date
as far as bubbles go, actually our entire economy is a bubble, because it is based on fiat money.
Quote from gerry875:
ok - but we all know that it IS different this time - right ...??
or ... or not
I beat ya to that quote.
http://www.elitetrader.com/vb/showthread.php?s=&postid=269926#post269926
Thanks Mr. Brinker, Abbey, and Biggs..... you guys rock $$$
Steps to easy money:
Step1: buy wall street journal
Step2: throw dart
Step3: Buy that stock with both hands
Step4: Relax, have beer/drink/go fishing/vacation
Step5: Have meaningless chat in forum or chatroom
Step6: Sell stock when desired profit is reached
Step7: Press "collect free dough" button
Step8: Move wheelbarrow near trading account and wheel to bank
Lesson over!!
Now just buy.... 10,500 Dow by July
Who's your daddy$$$?
Steps to easy money:
Step1: buy wall street journal
Step2: throw dart
Step3: Buy that stock with both hands
Step4: Relax, have beer/drink/go fishing/vacation
Step5: Have meaningless chat in forum or chatroom
Step6: Sell stock when desired profit is reached
Step7: Press "collect free dough" button
Step8: Move wheelbarrow near trading account and wheel to bank
Lesson over!!
Now just buy.... 10,500 Dow by July
Who's your daddy$$$?
yeah baby $$$$
Dont listen to me its okay...
I will just suck in all the short money
this keeps up and I will have to get the Bent and not the Viper... damn Waxie called the bottom!!!
who's your daddy??
Thank you PPT, Greenie, and Bushy
oh, and especially thank you shorts, keep up the good work
my g/f loves the jewlery $$$
Dont listen to me its okay...
I will just suck in all the short money
this keeps up and I will have to get the Bent and not the Viper... damn Waxie called the bottom!!!
who's your daddy??
Thank you PPT, Greenie, and Bushy
oh, and especially thank you shorts, keep up the good work
my g/f loves the jewlery $$$
Indicators are just smoothing filters of price and it can smooth just random noise as well so on what criteria can you decide if it is something genuine or noise ? Yes you can trade with indicators alone with money management - that's what I've done during a few years at the beginning - but it is much more confortable to use superior knowledge: I already said read the founders of TA don't read the "modern" authors who have generally very poor understanding of how market works and just play with toys and more or less complicated mathematical indicators which are just curve fitting and not genuine model because it would require more than just mixing parameters but a conceptualisation a fundamental model and after only a mathematical modelisation. So it is really not worth to use complicated indicators more than the primitive MM, MME (and simple derivation like macd) or Bollinger Band since most part of results come from Money Management. Complicated ones just add noisy artefacts and corresponds to nothing without true modelisation.
