I bought a little DDM 20 minutes b4 the close.
**buy The Dips**
- Thread starter michaelscott
- Start date
No, no. I said the buy the SPY on the dip not the DJIA.
The DJ closed under the 10 day moving average. I would have waited for it to get down to the 20 day.
The DJ closed under the 10 day moving average. I would have waited for it to get down to the 20 day.
Does it ******* matter? If the SPY goes up the DDM will almost certainly go up as well regardless of the 10-20 moving average BS. The Sp00z and DJIA move together.
Im not sure about your thesis. If the SPY goes up then the diamonds will most certainly go up? Hmmm. The moving averages are BS? Hmmmm.
The more I read about your success in the market, the more I think its due to bulls and not brains.
The more I read about your success in the market, the more I think its due to bulls and not brains.
It is due to not getting bogged down in the details. The 10 day 20 averages aren't reliable..in fact none of them are. They are just a data point, but they hold NO predictive power at all. You seem extremely details orientated when there is no need to be in order to make money.
