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Market Outlook - Is there a limit to Scams ?
- Thread starter Nine_Ender
- Start date
'Recurring S&P500 buy support results in my indicators now suggesting a significant equity rally is possible. DOW cash index last 12,443'
Market Outlook:
http://www.elitetrader.com/vb/showthread.php?s=&postid=3238281#post3238281
Market Outlook:
http://www.elitetrader.com/vb/showthread.php?s=&postid=3238281#post3238281
Despite the recurring DOW/S&P500 buy support, sellers keep
appearing and bearish daily and weekly charts slowly gain strength.
Signals are now mixed and the rally I was expecting is looking
undecided.
Unfortunately the delayed / slowed down correction that started
months ago will probably result in a sudden sell off similar to 2008.
appearing and bearish daily and weekly charts slowly gain strength.
Signals are now mixed and the rally I was expecting is looking
undecided.
Unfortunately the delayed / slowed down correction that started
months ago will probably result in a sudden sell off similar to 2008.
Clarification of the Wile E Coyote correction for readers who asked:
I'm referring to the price action on the sticky S&P500 chart at top
of blog. It's been suspended in the air for many months just waiting
for gravity to take hold...
I'm referring to the price action on the sticky S&P500 chart at top
of blog. It's been suspended in the air for many months just waiting
for gravity to take hold...
there is no limit to scams, because there are no limits to human stupidity and lack of imagination.
the most popular investments ever are always ponzi schemes.
why only 0.1% of traders and investors make double digits returns in the long run? the reason is: the rest is mentally injured and will choose the worst managers/signal providers/programs on the market.
the most popular investments ever are always ponzi schemes.
why only 0.1% of traders and investors make double digits returns in the long run? the reason is: the rest is mentally injured and will choose the worst managers/signal providers/programs on the market.
As seen in sticky chart at blog, monthly chart has been tracking sideways this year. This distribution and topping signifies that the big picture uptrend is ending and a significant downtrend will follow.
http://stockmarket618.wordpress.com
http://stockmarket618.wordpress.com
Im a multi trillionare
http://houseofthemoon.com/zimbabwecurrency2/50X100trillionspanuse.jpg
Trade with discretion. If you see the word "hot" "crazy" "awesome" "cool" when describing a stock sty away from it. I don't care about your "hot new cool penny stock" that is definitely going to give you a 300% growth in one day. If that's what you want you'd probably have better odds in Vegas. There's a fine line between trading and gambling for some people.
http://houseofthemoon.com/zimbabwecurrency2/50X100trillionspanuse.jpg
Trade with discretion. If you see the word "hot" "crazy" "awesome" "cool" when describing a stock sty away from it. I don't care about your "hot new cool penny stock" that is definitely going to give you a 300% growth in one day. If that's what you want you'd probably have better odds in Vegas. There's a fine line between trading and gambling for some people.