And Stoney, I'm not always right, far from it... but when I post something here, it is usually based on facts.
While you were zigging and zagging, one minute we're heading north, the next we're heading south.. and so consumed by what Cramer has to say and whether or not he is right or wrong... you should have just noted what I pointed out.
You don't understand that this is nothing more than a game of math. The ultra-whales write gillions of dollars in puts, and then use that money to enable their algo's to buy select stocks at the exact right time to drive the index's up. Those puts all expire worthless, and then they dump all those stocks they bought... making even more money as they push the markets back down.
Do you remeber this post?
That expiration was yesterday, and what happened? All time highs were checked off across the board. imagine that.
I only point this out because, and I gotta keep it real, I'm doing you a favor.
Markets are driven by algo's. Near term noise. The only way to win long term is to buy and hold quality companies with long term growth prospects and solid cash-flows when they are cheap. Trying to guess where SPY or QQQ is going near term is a fool's game, unless you are daytrading them with a solid system and a finger on the trigger.
Near term... it is all math. And the super-whales with the super-bucks and the super-computers.... they feed on numbers and real-time data that you and I have no access to. But their feeding , and the way they play it, is manifested in many ways. Work on identifying those tells... and you'll actually be... all that you claim to be. But aren't.
While you were zigging and zagging, one minute we're heading north, the next we're heading south.. and so consumed by what Cramer has to say and whether or not he is right or wrong... you should have just noted what I pointed out.
You don't understand that this is nothing more than a game of math. The ultra-whales write gillions of dollars in puts, and then use that money to enable their algo's to buy select stocks at the exact right time to drive the index's up. Those puts all expire worthless, and then they dump all those stocks they bought... making even more money as they push the markets back down.
Do you remeber this post?
That expiration was yesterday, and what happened? All time highs were checked off across the board. imagine that.
I only point this out because, and I gotta keep it real, I'm doing you a favor.
Markets are driven by algo's. Near term noise. The only way to win long term is to buy and hold quality companies with long term growth prospects and solid cash-flows when they are cheap. Trying to guess where SPY or QQQ is going near term is a fool's game, unless you are daytrading them with a solid system and a finger on the trigger.
Near term... it is all math. And the super-whales with the super-bucks and the super-computers.... they feed on numbers and real-time data that you and I have no access to. But their feeding , and the way they play it, is manifested in many ways. Work on identifying those tells... and you'll actually be... all that you claim to be. But aren't.
Oh baby and did Cramer fall flat on his face--Oh babyYY A
