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IF we head back down below 8000...
- Thread starter S2007S
- Start date
hugge rally!! green
Quote from Random.Capital:
I understood perfectly - no matter what the market does, some part of your "prediction" will prove accurate. That makes it faith-based rather than logic-based, which makes it completely useless for anything but giving you a chance to publicly pat yourself on the back.
Which in turn explains why you are peddling your blog instead of basking in the riches created by your trading results.
Hope that clears things up.
Cheers.
Damn, that was just too much logic for the average ET poster. Notice I did not use the term ET trader, since ET posters outnumber ET traders 10:1. Hell, if I made that qualification a profitable ET cash trader...
Well said, sir. Logic perseveres. Snake oil salesmen and those who sell chat room subscriptions are so full of shit. I hope for a poster validation someday on ET, to see just how many ET posters have a pair potent enough to post their own broker statements. I wonder what the response would be, among all the ET, um, posters...
Quote from riskfreetrading:
Good advice to the folks Piezoe. I would also add:
1. People may not know the uplevels at which they should sell,
2. They may not have the patience to wait, particularly when exposed to wall street news machine which will show so much good news and rationalization on an upmove that average joe gets sucked in on the upleg at or near the end of it.
I am sure you know the game played. They know what to tell the general public during markups, distribution, markdowns, and accumulation phases.
There will always be free fuel for this machine as long as there are markets.
RFT, in your blog today you said:
"qqqq tomorrow price prediction trading (stock market November 17, 2008):
2:32PM: with NDX at 1163 we are scaling in a QUARTER of normal size position, direction is long NDX (long stock market (long SPX, DJX))."
do i understand it correctly that you intended to hold this one overnight at the time of entry?
Quote from GermanTrader:
I hope for a poster validation someday on ET, to see just how many ET posters have a pair potent enough to post their own broker statements. I wonder what the response would be, among all the ET, um, posters...
You are absolutely hilarious.
As usual, you are ALL talk and just another junior college kid that spends his entire day posting on ET.
Either post your most recent statement or keep your trap shut.
Quote from Landis82:
Thinking that anything of significance will come out of this meeting is like asking S2007S to post a screen-shot of his "imaginary" trading positions.
No need to post statements here in a public forum, as you can see I still post my own opinion, I dont need any kind of statements to show my positions, IF I came here claiming im making $200 $500 even $1000 a day or $150,000 a year daytrading then maybe I would understand that many would want to see daily transactions, but I admit that im not a full time daytrader, I do daytrade and swingtrade BUT NOT FOR A LIVING, I dont know why you cannot comprehend this. Im giving you my opinion on the market, you yourself could offer opinions on where you think the markets are going but you would rather talk about my imaginary trading positions.
On a side note after the DOW does break new lows and closes below 7800 I do see 6500-7000.
Where do you see the market trading landis82?????