Drunk!!

Quote from flipflopper:

It took me a long time and a lot of money to learn that the economy and the stock market have very little correlation in the short term.

A famous Bobby Fisher chess quote:

"Play the board not the man".

Play the market not the economy.
More...

There is truth in these words.
 
As with many endeavors in life, including sports and other competitive arenas like finding a great looking wife, there are these things called "head fakes" that your competition will perform.
My call on this market: huge head fake.
 
Quote from Comanche:

I am a bear based on reality.
More...

Sounds like a most dangerous combination.
Since when has there ever been a high correlation between the economy and the stockmarket for traders?
 
Quote from apex82:

when did the market ever make sense... it will do whatever it wants..
More...

I thought this chart might be interesting. While the current stock market bears no resemblance to the volatile bubble years, you can't help but notice the same pattern emerging today that occurred in mid-1999. Keep in mind this is a monthly chart.
 

Attachments

some really big hedge funds must have been caught net short....

the coming days may yield some bloody headlines....

somebody needs a drink in fundland
 
Stocks are always cheap until they are not. Markets historically get blindsided and the game will be over for the bulls. Until that happens be kind to yourself and just trade the charts.............all else is bullshit hocus pocus.
HOG OUT!!!!
 
Quote from stock_trad3r:

Too bad you're not smart enough to make money. :cool: :p Always on the wrong side of the trade.
More...



Please post a screen shot of your buying power, or else one of your trading blotters so you can prove to us what a teriffic trader you are.
 
You must log in or register to reply here.
Back
Top