Buy the dip

Quote from Ash1972:

I just seem to be hearing a lot more about buying the dips now than at any point in the last few years

Buy the dips will work as long as Ben is there
 
The problem is that pretty much 100% of the market now thinks Ben and his printing press will keep the market up forever.

When almost everyone thinks one thing will happen, the opposite actually happens.
 
Quote from vinc:

there are some which are rotten as well but those you seem to have overlooked :)

That's true, I throw it away fast if it does not smell right. Also it must originate from a branch that was above a moving average :eek:

I know how much you quants hate moving averages, LOL!

:D
 
An oldie but goodie. Over 2 years old now.

<iframe width="420" height="315" src="http://www.youtube.com/embed/jllJ-HeErjU" frameborder="0" allowfullscreen></iframe>


The poster reminds you to always do your own due diligence and analysis before buying or selling any financial instrument.
 
Quote from tiddlywinks:

An oldie but goodie. Over 2 years old now.

<iframe width="420" height="315" src="http://www.youtube.com/embed/jllJ-HeErjU" frameborder="0" allowfullscreen></iframe>


The poster reminds you to always do your own due diligence and analysis before buying or selling any financial instrument.

As far as i sww this type of posts, i can tell u still have side line bulls, not everyone isbin yet. This means the market will continue to go up.
 
Quote from tiddlywinks:

An oldie but goodie. Over 2 years old now.

<iframe width="420" height="315" src="http://www.youtube.com/embed/jllJ-HeErjU" frameborder="0" allowfullscreen></iframe>


The poster reminds you to always do your own due diligence and analysis before buying or selling any financial instrument.

As far as i see this type of posts, i can tell we still have side line bulls, not everyone is in the long yet. This means the market will continue to go up.
 
Quote from Wide Tailz:

:)

I was just looking at IWM yesterday and thinking how it is begging to be bought. There are times when fruit hangs so low it bends the branches down, being plump and ripe.....

Actually, to me IWM looks toppy and be going down based on volume.

Quote from Ash1972:

The point is any idiot can make money in a bull market. You don't hear much about these geniuses when the party's over.

Sell the rot after you have down trend based on weeklies.
 

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Quote from Handle123:

Actually, to me IWM looks toppy and be going down based on volume.

Thanks. I think I'm seeing a full 5 waves up and broken trendline as well, so what pop we may get could be the lower high before the real shortable move down.


Sell the rot after you have down trend based on weeklies.

I've been thinking a lot about what you once posted: start your trading career on the weeklies, double your capital, then go to shorter time frames. It would definitely get you in the habit of not going against the longer term setup, when swing trading or scalping.

:)
 
If you are good enough to double your capital using weekly charts, why bother going to a lower time frame? Just keep using weeklies and keep doubling ya money!!!

The big money is in the big swings which usually occur in higher time frames.
 
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