laughable. Nostradamus is here.
futures down---redux.....GET USED TO IT FOLKS!
- Thread starter BlueStreek
- Start date
Quote from BlueStreek:
gee when it is proven........you have missed the move......time frame......is that code for daytrades that turn into postion trades..........what you did 15 years ago has no bearing on tomorrow......if you are planning to make money by going long tomorrow, and I am planning on making money by going short tomorrow ( I already am short ) then if the market sells off tomorrow....why would you be looking for longs (unless you are under water--stuck-- on some trades).
I am telling you the market will be in the red tomorrow. Ergo, you will make money if you are looking for shorts tomorrow---not longs.
All I am saying is that if you are going to go long tomorrow, just send me your money.....and I will invest it wisely
Nobody should be going long tomorrow---but that`s why made so much money on my puts on the QQQQ`s today.....so one way or another your giving me your money----by opportunity cost alone!
You really have no clue. If a stock is declining but it is still in an uptrend the "bigger the drop, the larger the pop"How do you think people make money? You sell into rallies and buy at the right time in declines.
Again, your advice is that of a rookie. Been there, done that, and have the tee shirt. Maybe one day you will wear it, but I don't think so.
Quote from BlueStreek:
I am telling you the market will be in the red tomorrow. Ergo, you will make money if you are looking for shorts tomorrow---not longs.
All I am saying is that if you are going to go long tomorrow, just send me your money.....and I will invest it wisely
Who's worried about tomorrow ?
I am long right now and am making money.
How much have you lost on those shorts tonight ?
you have never been here before.....holygrail....that is what I am trying to get through your thick skull....I am not nos-----I use ta, fundamentals, etc----the markets are still overbought---you have never been at dow, snp500 at these lofty levels----they have only happened once in our lifetime-----all I am saying is that for example..............short the ym tomorrow----------as it will break the 12100 level tomorrow.....it is at 12140 (close enough) right now..............and tomorrow it will break 12100-----its a nice play----just short 1 contract----if you don`t believe me-------but we break that level tomorrow on the ym!
hey----that`s why there are markets---two sides to every trade---but it is too early to buy any dips tomorrow----you would make more money shorting first then buying-----then shorting--------get your sell in granite----------as there will be plent of buying opps tomorrow! But it will get a little crowded around selling time!
hey----that`s why there are markets---two sides to every trade---but it is too early to buy any dips tomorrow----you would make more money shorting first then buying-----then shorting--------get your sell in granite----------as there will be plent of buying opps tomorrow! But it will get a little crowded around selling time!
You still just don't understand. I will look for longs. I have my alerts set up. If the stock takes out the high of yesterday I will buy it. If it doesn't, I won't. You just keep repeating until you get into the market as long as the stock is still in an uptrend. I DON'T HAVE TO TRADE EVERY DAY.
If the market is heading down then LET IT BREAK TREND AND PROVE IT. If it does, then wait for the suckers rally and sell your shorts. The first drop is NEVER the deepest.
Yea the markets were down today for some rather stupid reasons-Wallmart sales sucked and blackfriday sales may be slowing or something like that. Not a big deal-the money guys will resume the buying.
If the markets drop another 2% this week it still isn't technically signifigant.
If the markets drop another 2% this week it still isn't technically signifigant.
holygrail.......i`mjust giving you a hard time.....as its hard taken so much heat when it isn`t popular being the contrarian----you are hard core----i like your moxy----and i can tell you are dedicated----we just have different styles...you use ta to confirm he move---break key ta levels.....then you jump in------that is the safer way to play-----nothing wrong with that----you just miss more of the move----but is thought by many to be less risky---i look at it differently----as the break of the move is the easier part of the trade....where you have "less upside risk and greater downside potential" risk 1 to make 3............where to my style....i look at it this way....we are futher outside the standard deviation(s) of the normal trading range....so the percentages of moving back towards the vicinity of the inward deviations is in my favor the further out it strays.....thats why i consider it less risky than most think because no clear trend had been declared by lagging indicators---and i guess i am assuming standard deviations and percentge moves are less lagging indicators than established trendlines.....i like talking theory---------so keep it up holygrail----it helps to debate theory by broadening both our outlooks for market conditions....
I `m not sure what----one guy was saying the nekkei paired its losses again (pattern) and the hang seng was down almost 2 % (another pattern).....i am not playing the ym at all tonight----just playing chess online----and chatting theory and observing patterns----and reading up on currency as I need to study the intricacies of this market more-----i am studying the carry trade----with the swiss franc....and jap yen....and its implications.
that graphic which pulsates is a macro abc pattern---which holygrail was suggesting if I am right that I should hold my puts til the c-leg passes the end of the parrallel line of the a down point for full value...and i think the theory goes that you take the length of the b leg/line and add it to the point where c breaks the parrallel line for your exit point----or you double it---i will put ta context into what the market feels like with economic news...and how people react to the down trend if it occurs.
And I also take into account are there bettr markets about to take off like is oil going to break long out of that trading range----there might be a long holygrail....oil futures.....haven`t decided on that one yet
I `m not sure what----one guy was saying the nekkei paired its losses again (pattern) and the hang seng was down almost 2 % (another pattern).....i am not playing the ym at all tonight----just playing chess online----and chatting theory and observing patterns----and reading up on currency as I need to study the intricacies of this market more-----i am studying the carry trade----with the swiss franc....and jap yen....and its implications.
that graphic which pulsates is a macro abc pattern---which holygrail was suggesting if I am right that I should hold my puts til the c-leg passes the end of the parrallel line of the a down point for full value...and i think the theory goes that you take the length of the b leg/line and add it to the point where c breaks the parrallel line for your exit point----or you double it---i will put ta context into what the market feels like with economic news...and how people react to the down trend if it occurs.
And I also take into account are there bettr markets about to take off like is oil going to break long out of that trading range----there might be a long holygrail....oil futures.....haven`t decided on that one yet
Quote from BlueStreek:
holygrail.......i`mjust giving you a hard time.....as its hard taken so much heat when it isn`t popular being the contrarian----you are hard core----i like your moxy----and i can tell you are dedicated----we just have different styles...you use ta to confirm he move---break key ta levels.....then you jump in------that is the safer way to play-----nothing wrong with that----you just miss more of the move----but is thought by many to be less risky---i look at it differently----as the break of the move is the easier part of the trade....where you have "less upside risk and greater downside potential" risk 1 to make 3............where to my style....i look at it this way....we are futher outside the standard deviation(s) of the normal trading range....so the percentages of moving back towards the vicinity of the inward deviations is in my favor the further out it strays.....thats why i consider it less risky than most think because no clear trend had been declared by lagging indicators---and i guess i am assuming standard deviations and percentge moves are less lagging indicators than established trendlines.....i like talking theory---------so keep it up holygrail----it helps to debate theory by broadening both our outlooks for market conditions....
I `m not sure what----one guy was saying the nekkei paired its losses again (pattern) and the hang seng was down almost 2 % (another pattern).....i am not playing the ym at all tonight----just playing chess online----and chatting theory and observing patterns----and reading up on currency as I need to study the intricacies of this market more-----i am studying the carry trade----with the swiss franc....and jap yen....and its implications.
that graphic which pulsates is a macro abc pattern---which holygrail was suggesting if I am right that I should hold my puts til the c-leg passes the end of the parrallel line of the a down point for full value...and i think the theory goes that you take the length of the b leg/line and add it to the point where c breaks the parrallel line for your exit point----or you double it---i will put ta context into what the market feels like with economic news...and how people react to the down trend if it occurs.
And I also take into account are there bettr markets about to take off like is oil going to break long out of that trading range----there might be a long holygrail....oil futures.....haven`t decided on that one yet
Jeez, Blue. You definitely should start a newsletter.