interesting times............

P

padutrader

Dow futures has gone into lower circuit in 30 min.

this is the most liquid market in the world.

somebody predicted the world will end in 2020.

I think the stock market is discounting that prediction

and in my 26 years of market watching I thought I had seen everything.
 
what do you expect when people here are calling the bottom? they have absolutely 0 good reasons besides throwing out a guess and hoping to get lucky, for what reason? bragging rights? because it certainly can't have to do with making money (if you can predict the bottom this good on a larger chart, there's no reason why you couldn't do this on a smaller chart and have less risk with comparable reward because the markets are fractal).
 
trdes said:
what do you expect when people here are calling the bottom? they have absolutely 0 good reasons besides throwing out a guess and hoping to get lucky, for what reason? bragging rights? because it certainly can't have to do with making money (if you can predict the bottom this good on a larger chart, there's no reason why you couldn't do this on a smaller chart and have less risk with comparable reward because the markets are fractal).
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*finally* someone who has good reasoning; a breath of fresh air
 
trdes said:
what do you expect when people here are calling the bottom?
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just for kicks and yes bragging rights.

in any case trading one bottom is stupidity-unless it is for scalp- markets hammer out a bottom.

and tops are relatively quiet...…..
 
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We live in extraordinary times. People only realize this once the world is shit turned upside down. This has been happening for years, because I did realize one thing in life. That is, there are no secrets, just hidden truths under a layer of foggy euphoria. This is the calm before the storm.....calm before the real storm.
 
padutrader said:
Dow futures has gone into lower circuit in 30 min.

this is the most liquid market in the world.

somebody predicted the world will end in 2020.

I think the stock market is discounting that prediction

and in my 26 years of market watching I thought I had seen everything.
More...

NHs this year, Bro?
 
padutrader said:
and in my 26 years of market watching I thought I had seen everything.
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And you still talk like a noob. :D

No doubt this is pretty bad, but I believe the time when the Lehman/Bear/AIG was on the verge of collapse was even worse.
 
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