ES Journal Archive (2011)
- Thread starter Buy1Sell2
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GordonTheGekko
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The huge interquartile range on the recent candle sticks on SPY?
Grrrr...
Everytime it looks like we`re gonna drop, the PPT comes right back in and makes us higher lows
They can`t do it forever.
Everytime it looks like we`re gonna drop, the PPT comes right back in and makes us higher lows
They can`t do it forever.
Quote from Laissez Faire:
Grrrr...
Everytime it looks like we`re gonna drop, the PPT comes right back in and makes us higher lows
They can`t do it forever.
They actually can do it forever..ever heard of quantitative easing...
Quote from Laissez Faire:
Grrrr...
Everytime it looks like we`re gonna drop, the PPT comes right back in and makes us higher lows
They can`t do it forever.
Why grr? Why don't you just join them and long? You keep looking for shorts, and you're missing all the good stuff in between. Each new top indicates strength, and you keep looking for weakness. Even when it does fall, you will have missed all the easy (by comparison) stuff.
EDIT: there has not been one short that has run 10 points from high to low. Look how many 10+ moves long there have been.
Refresh my memory.
QE being what propped up the market for a year before it gave back all the gains in pretty much a week?
I am mostly joking though.
Quote from Laissez Faire:
QE being what propped up the market for a year before it gave back all the gains in pretty much a week?
Yes, and those who longed during that year probably made nice profits, while those who shorted against the dominant trend lost because they kept trying to look for weakness. Traders I mean, not investors who buy and hold. When the market actually started moving down, those who shorted then probably did well then too. Those who kept looking for bottoming probably didn't fare well. This is the pattern.
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