Make your million(s) now - don't miss out - setups & turns road map

Meaningful divergence on S&P500 daily - see Macd - happening just shy of the 161.8% level

STAY LONG
 

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Welcoming the 4 blondes who've entered this thread - I'm going to nail all 4 :)

A blonde pushes her BMW into a gas station. She tells the mechanic it died. After he works on it for a few minutes, it is idling smoothly.

She says, "what's the story?"

He replies, "Just crap in the carburetor"

She asks, "How often do I have to do that?"
 
Joe_D said:
One of the greatest benefits of going into battle totally alone is that there are no external voices to listen to - and discipline shuts down one's inner demons and voices ferociously.



S&P500 original work by Joe: major, major levels of resistance near at hand @ 2482 & 2510
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major, major levels of resistance near at hand @ 2482 & 2510
 
Joe_D said:
Axiom #3: At major turning points the CROWD=THRONG is always wrong, no exceptions.

We are there or super close, not in 2014, 2015, 2016 but yes, in 2017

The no-exceptions feature is always plagued with peril as there are always exceptions - not with Axiom#3 though. This one stands tall.

When taxi drivers, bellboys, and regular 50k/yr stiffs are telling me, "I bought stocks because they will never go down again" = 100% all in = who's left to buy = where's the fuel going to come from to go to Las Vegas?

Then quietly, without a sound, while nobody's watching, like LOVE, the TURN comes softly and without fanfare - and thus far the driver of the TURN, has always saluted me as he/she shoots past my STOP, with the whisper, "you and only you may go in peace"

Therefore to me its a given that we are at just such a juncture where 100% or thereabouts are all IN. But what if this time, the gauge gets stuck at 100% because the cats are now selling everything they own and putting it in stocks? Surely this will delay the turn

That's why I never want to call a TREND reversed until my STOP is taken out.
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I love this post. Not the trend part, but because you've been informed.
I'm here because I'm bored. No more no less. But, this actually helps people.
Thanks not from me but the kids in 2020 that will read this post.
 
I admire the one or two folks I know who bought some stocks back in the mid 1980s, and just treated them like they should have been treated. Buy and hold. You know, companies like Johnson&Johnson. They did not trade them, they invested in them. They are now rich. I am not. Tough noogies on me because 30 years ago I didn't know shit about investing. Moral here is to get in early on a deep blue investment!
 
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