How many career traders are like me and think all this mumbo-jumbo lately is just a bunch of non-sensical hoopla?
(1) We are in the US.
(2) We have a global market/economy scenario these days.
(3) Capitalism and prosperity is the call of the day (norm/aspire to)
That being said those of us that have seen things evolve (rather quickly) these past couple decades KNOW what corrections and Bear Market are.
Basically healthy/contained events - that even offer the opportunity for traders to easily profit from.
SO WHAT IS ALL THE HOOPLA ABOUT??
Why when we were off 3% (from top) did everyone HOPE/THINK we've gone down SEVERE ENOUGH?
Why when the market got toppy in Feb/Mar did investors INSIST that (1) month was enough to "correct".
Why after a two-and-a- half month ensuing rally did the market get so volatile for a month and a half and then tank?
So "newbies" run rampant managing Big-Money Funds? They got STUCK and still don't believe a bull market should have semi-severe pullbacks?
Are these the same LAMES that got stuck with margin calls via credit crunch woes/worries?
Should we (I) feel sorry for these same outfits that ramp up HUGE leveraged gains and HEADY bonuses during favorable periods - but can't take the heat when the ship is sinking?
So credit/financial is SO IMPORTANT to our system with the market barely down 10% the Fed needs to rescue/bailout these firms that basically are on strike to new lending because they "can't unwind positions"?
COME ON NOW. They had Feb-Mar to see the clues (market distribution or a stack up of heavy selling by insitutions that is ALWAYS a precursor to an iminent pending correction) and then Jun-Jul to still further SEE THE WRITING on the wall and reduce risk.
And when the market dropped 3-5% - they still used the classic "hold and hope" method with investments up 'til NOW when we haven't (yet) seen an all out rush for the exits - which we will have to-to get health back into this bull - and have to let these NUMBSKULLS get more-and-more chances or jumps to the market/cash infusions/rate cuts so they can SAVE THEIR A**ES!
Or is it just me and I am the only one who sees this financial market as unhealthy (biased against retail investors) as it is?
My methods are proof well-enuf to navigate but OUR DAY IN THE SUN has YET to unfold. When we foresee and side-step STEEP DECLINES - and severely profit to the downside!
BUT NO...next week we'll see the same coersion and dishonest tactics/rhetoric to benefit those poor, poor, poor souls. Meanwhile our short positions get stopped as an inordinant amount of unforeseen crap unfolds to benefit the few.
The bottom line IS the market WILL consolidate past returns and NEW market leading stocks WILL form bases and emerge with the next (healthy) leg to this bull market ONE WAY OR ANOTHER!
Why prolong the inevitable? Let the market tank well-below March lows. Let year-to-date returns on the benchmarks go negative. Let new healthy price patterns take 2-3 months to emerge and QUIT BEGGING for mercy and take it like a MAN!
paysense (lol, I had fun with that one)
Meanwhile, I guess everybody hates me because nobody responds to me. Or when they do it's ATTACK, ATTACK, ATTACK as if they aren't pulling their own covers off - lol.
Step up...be constructive, use your mind in a healthy way, share thoughts - REPLY, for God's sake!!
I am not a know-it-all but the study of trade/markets is in my blood, too
But after more thought...u r right (of course). There is SO MUCH other stuff to occupy discussion on - LIKE WHAT????????????????
(ok, sorry for being paranoid, best to all Gilbert)
(1) We are in the US.
(2) We have a global market/economy scenario these days.
(3) Capitalism and prosperity is the call of the day (norm/aspire to)
That being said those of us that have seen things evolve (rather quickly) these past couple decades KNOW what corrections and Bear Market are.
Basically healthy/contained events - that even offer the opportunity for traders to easily profit from.
SO WHAT IS ALL THE HOOPLA ABOUT??
Why when we were off 3% (from top) did everyone HOPE/THINK we've gone down SEVERE ENOUGH?
Why when the market got toppy in Feb/Mar did investors INSIST that (1) month was enough to "correct".
Why after a two-and-a- half month ensuing rally did the market get so volatile for a month and a half and then tank?
So "newbies" run rampant managing Big-Money Funds? They got STUCK and still don't believe a bull market should have semi-severe pullbacks?
Are these the same LAMES that got stuck with margin calls via credit crunch woes/worries?
Should we (I) feel sorry for these same outfits that ramp up HUGE leveraged gains and HEADY bonuses during favorable periods - but can't take the heat when the ship is sinking?
So credit/financial is SO IMPORTANT to our system with the market barely down 10% the Fed needs to rescue/bailout these firms that basically are on strike to new lending because they "can't unwind positions"?
COME ON NOW. They had Feb-Mar to see the clues (market distribution or a stack up of heavy selling by insitutions that is ALWAYS a precursor to an iminent pending correction) and then Jun-Jul to still further SEE THE WRITING on the wall and reduce risk.
And when the market dropped 3-5% - they still used the classic "hold and hope" method with investments up 'til NOW when we haven't (yet) seen an all out rush for the exits - which we will have to-to get health back into this bull - and have to let these NUMBSKULLS get more-and-more chances or jumps to the market/cash infusions/rate cuts so they can SAVE THEIR A**ES!
Or is it just me and I am the only one who sees this financial market as unhealthy (biased against retail investors) as it is?
My methods are proof well-enuf to navigate but OUR DAY IN THE SUN has YET to unfold. When we foresee and side-step STEEP DECLINES - and severely profit to the downside!
BUT NO...next week we'll see the same coersion and dishonest tactics/rhetoric to benefit those poor, poor, poor souls. Meanwhile our short positions get stopped as an inordinant amount of unforeseen crap unfolds to benefit the few.
The bottom line IS the market WILL consolidate past returns and NEW market leading stocks WILL form bases and emerge with the next (healthy) leg to this bull market ONE WAY OR ANOTHER!
Why prolong the inevitable? Let the market tank well-below March lows. Let year-to-date returns on the benchmarks go negative. Let new healthy price patterns take 2-3 months to emerge and QUIT BEGGING for mercy and take it like a MAN!
paysense (lol, I had fun with that one)
Meanwhile, I guess everybody hates me because nobody responds to me. Or when they do it's ATTACK, ATTACK, ATTACK as if they aren't pulling their own covers off - lol.
Step up...be constructive, use your mind in a healthy way, share thoughts - REPLY, for God's sake!!
I am not a know-it-all but the study of trade/markets is in my blood, too
But after more thought...u r right (of course). There is SO MUCH other stuff to occupy discussion on - LIKE WHAT????????????????
(ok, sorry for being paranoid, best to all Gilbert)
to think of these GREAT business plans!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!