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

[JackRab]

I'm bullish.. but this thread is bull shit... too many underscoring and colored fonts.

The broad market moves on the direction of major economic and world wide risk factors. Not because a few lines say so... and I'm fully aware of TA vs non-TA believers. I actually do believe a bit in TA, mainly because it's selffulfilling.

When risk factors increase... trends are broken... and today, the uncertainty lies in NKorea, Trumps presidency (mainly whether it will last), China's financial system.
And the only thing currently holding the markets up, is the fragile prospect of higher earnings due to a slow and steady pick-up of US and European economy.

So... when either the economy is starting to point sideways or down... or NK/China/Trump risk will increase or blow up... that's the trigger for a bear market....

EDIT... actually... I'm not so bullish anymore... it's fading....

 

[sss12]

I'm bullish.. but this thread is bull shit... too many underscoring and colored fonts.

The broad market moves on the direction of major economic and world wide risk factors. Not because a few lines say so... and I'm fully aware of TA vs non-TA believers. I actually do believe a bit in TA, mainly because it's selffulfilling.

When risk factors increase... trends are broken... and today, the uncertainty lies in NKorea, Trumps presidency (mainly whether it will last), China's financial system.
And the only thing currently holding the markets up, is the fragile prospect of higher earnings due to a slow and steady pick-up of US and European economy.

So... when either the economy is starting to point sideways or down... or NK/China/Trump risk will increase or blow up... that's the trigger for a bear market....

You may be right but if, as you said "slow and steady pick up......" continues this run could continue.

 

[Overnight]

...
OT: You really should try DPZ's thin crust pies. Pretty tasty.

What is DPZ? Is it available in New England?

 

[Overnight]

Two weeks ago I attended a funeral for all the geniuses who were calling death of the bull ever since 2009. In 2014 they were deafening and some got violent. So many blew their accounts and went broke - the bodies are still alive but the funeral was for amputated spirits.

And all the while I'm international tripping on holiday will just one look per day at just one factor and one factor only on my chart, "is the recent wave low intact?"

Cheers

Good lord, you are legend in your own right hand, aren't you.

"International tripping on holiday"...Is that even legal?

 

[JackRab]

You may be right but if, as you said "slow and steady pick up......" continues this run could continue.

Yes of course.. I was merely pointing out that OP looks like someone who doesn't know shit from chocolate... this is a dumb thread IMO... but hey.. it's a journal so I should probably GTFO...

 

[Overnight]

...chocolate...

That is my signal as well. Chocolate rules all planes of existence. Once chocolate is mentioned in a thread that is diving into oblivion, there's some sort of rule named after a physicist that obviates the need to abandon the discussion, and just dive into chocolate. rAr! Cookies!

 

[Joe_D]

I'm bullish.. but this thread is bull shit... too many underscoring and colored fonts.

The broad market moves on the direction of major economic and world wide risk factors. Not because a few lines say so... and I'm fully aware of TA vs non-TA believers. I actually do believe a bit in TA, mainly because it's selffulfilling.

When risk factors increase... trends are broken... and today, the uncertainty lies in NKorea, Trumps presidency (mainly whether it will last), China's financial system.
And the only thing currently holding the markets up, is the fragile prospect of higher earnings due to a slow and steady pick-up of US and European economy.

So... when either the economy is starting to point sideways or down... or NK/China/Trump risk will increase or blow up... that's the trigger for a bear market....

EDIT... actually... I'm not so bullish anymore... it's fading....

Thanks Jack for providing this Live lesson for newbies:

NOISE + so many factors to consider = limp = indecisive

Therefore right-click\send to\recycle bin

STAY LONG

 

[johnnyrock]

Good lord, you are legend in your own right hand, aren't you.

"International tripping on holiday"...Is that even legal?

That reminds me. It's time to grow some shrooms.

 

[Joe_D]

STOP raised to 2287
If/when Top is taken out, STOP will be raised to 2315

Why "If" ?

Because of 2nd law of Trends: a trend can reverse without prior notice and on a dime - add to that this Trend is aged, well over historic norms

Wishing traders success

Cheers

STOP raised to 2315



I tried to tell my friends TREND playing would take them out of their life sentence they're currently in. Ten listened and are out for good. The rest continue in "perish" mode

lunch here today

 

[Joe_D]

At Marketwatch.com since 2014 there's a bull market in calls for death of Dow.

Lafffff, baby laffff Why? So what if Dow dies tomorrow, I said to some of these cats? There is absolutely no way it would, even on the 700-point decline on the 1st day of TREND reversal, neglect to hand my STOP my earned spoils of war, while all the while my fellow Californians are in a bull-market in food stamps, which as the Dow breaks below the 200-day moving average will go into an acceleration mode not seen even thru' the Great Depression.

http://www.marketwatch.com/story/this-stock-market-rally-is-for-suckers-2014-11-05

God, do I love it so!