I don't think you can accurately and reliably predict whether the market will close either up or down from one day to the next, irrespective of the underlying economic conditions. And if you are predicting on the basis of the economy, I'm sure you know it doesn't play out with daily specificity.
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Market finish UP or Down tonight?
- Thread starter Batman28
- Start date
how disappointing.. seems like most elites have no fkin clue like myself.
originally the thread got down votes and now suddenly the up votes pop up as time has moved on.. it's now 50-50 how useful and decisive r we thinkin together..
based on these votes the market is going no where.. it will stay at where it is right now at the close..
plus i did expect uncertainty on todays up or down.. but i wasn't expecting such a contrast in outlook of the economy short term or long term..
originally the thread got down votes and now suddenly the up votes pop up as time has moved on.. it's now 50-50 how useful and decisive r we thinkin together..
based on these votes the market is going no where.. it will stay at where it is right now at the close..
plus i did expect uncertainty on todays up or down.. but i wasn't expecting such a contrast in outlook of the economy short term or long term..
Batty, this site is called EliteTrader not EliteGuesser. Good traders trade the action in front of them, they dont guess where the market will go. Reading signals, taking action.....rinse and repeat.
Quote from Batman28:
how disappointing.. seems like most elites have no fkin clue like myself.
originally the thread got down votes and now suddenly the up votes pop up as time has moved on.. it's now 50-50 how useful and decisive r we thinkin together..
based on these votes the market is going no where.. it will stay at where it is right now at the close..
plus i did expect uncertainty on todays up or down.. but i wasn't expect such a contrast in outlook of the economy short term or long term..
Quote from The Swordsman:
Batty, this site is called EliteTrader not EliteGuesser. Good traders trade the action in front of them, they dont guess where the market will go. Reading signals, taking action.....rinse and repeat.
bullshit.
good traders don't sit there waiting to follow the market..
great traders have already put on their position game for today and waitin to see the outcome..
i didnt start a guessin thread either. i wanted ur calls and see how group thinkin accruately reflects market.. it's a small sample but why not.
Maybe big time hedge fund managers, but six and seven figure daytraders on this site DO NOT put on position beforehand. They trade the action in front of them, plain and simple.
Quote from Batman28:
bullshit.
good traders don't sit there waiting to follow the market..
great traders have already put on their position game for today and waitin to see the outcome..
i didnt start a guessin thread either. i wanted ur calls and see how group thinkin accruately reflects market.. it's a small sample but why not.