Lol, blah blah blah.
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ES Journal - 2013
- Thread starter Trvlwanderer
- Start date
Lol, blah blah blah.
if everyone had a box on their shoulders, we would call it thinking inside the box,wall street thinks of us in this way,all they have to do is think outside of the box and the majority of us become dinnerQuote from Jerkstore:
All of you, both the longs and shorts, are on the slow bus. Why would you bet long or short based on a hunch, especially against trend?
We're sitting at the peak of the current stock mountain. Wait until a trend begins then join the herd. Picking tops and bottoms is for amateurs.
Silver lining if you are thinking this way: the quicker you lose your money the sooner you'll be able to move on with your lives in a productive job. Trading isn't for most people.
Quote from ammo:
if everyone had a box on their shoulders, we would call it thinking inside the box,wall street thinks of us in this way,all they have to do is think outside of the box and the majority of us become dinner
Wall street guys have unlimited leverage, as much capital as they can stomach, zero transaction fees, access to the best technology/quants, a self serving regulatory structure, and inside information galore. Whereas you or I may have a beagle, Wall Street keeps the FED as a pet.
We are all chumps compared to that arrangement.
Quote from Trvlwanderer:
maybe vicinity 1675.....
that won't happen. we are going to correct. We don't have such runups in the market. We are up more than 4% for the month and its been just 15 days.
EDIT: My understanding is that yesterday high at 59.75 will prove to be a swing high. We are going to go at least below 40 and good chance that we are going to see 30- before moving back up.