Message boards have been way to bearish

Quote from atticus:

And bank prop watch Ichimoku charts, right?

I don't know from where this comment came from. But you are in fact correct.

Yes they do if you are in Japan and trade yen crosses spot, you do watch Ichimoku charts. Everyone knows that.
 
So we had a huge crash and 5 year rally many basically missed it.

Whats in the past is in the past.

Where are we now.....

Like a previous poster said the current rally is hated by many cause they are not in...

I take it it will only drop once they buy :D

So remain sidelined? Maybe go short once Dow goes parabolic to 18k or something :D
 
Quote from gmst:

I don't know from where this comment came from. But you are in fact correct.

Yes they do if you are in Japan and trade yen crosses spot, you do watch Ichimoku charts. Everyone knows that.

Right, all those sell side guys at Nomura are watching Ichimoku. Dude, go away.
 
Quote from Debaser82:



So remain sidelined? Maybe go short once Dow goes parabolic to 18k or something :D

Sure, I'll go long today to 18k if you'll underwrite my losses if we go lower. Otherwise, wtf is the point? Are you stating we should buy the 15,070 arbitrage?
 
Quote from atticus:

Right, all those sell side guys at Nomura are watching Ichimoku. Dude, go away.

LOL. not sure why so angry.

But you are correct. Nomura, Morgan Stanley (Japan), GS(Japan), JPM (Japan) + all Japanese corporate etc. are all watching that stupid Ichimoku (but mind it they are watching it only for yen and yen crosses). If someone thinks you can trade E/U using Ichimoku, not sure it will work since no institutional desk is watching it.
 
Quote from gmst:

well said. Although things like Arab spring revolution etc did happen, but overall even with twitter free internet etc., chances of big/massive impacts is pretty less.

If we look back at 20th century, big events would be:

1) Russian revolution
2) WWI
3) WWII
4) Breakup of British Empire
5) Cold War
6) Korea War/Vietnam/Iran-Iraq/Operation Desert Storm
7) Emergence of China

So, over a 100 year period, talking about geo-political thing, less than 10 big things.

Economically also, I would say less than 5-6 really big things in a century.

This empirical evidence over the last 100 years means that massive/BIG events are pretty rare.

You missed a couple..
1.Panic of 1907
2. russian revolution
3. WW1
4. Great Depression
5. WW2
6. End of British dominance/start of US empire
7. End of Bretton Woods system
8.Vietnam/Korea
9. 1979 energy crisis
10. Cold War
11. Desert Storm/Iran-Iraq conflict
12. Asian/Russian Financial Crisis (very underestimated)

So you are talking one event every 7-8 years, thats not bad odds
 
Quote from gmst:

LOL. not sure why so angry.

But you are correct. Nomura, Morgan Stanley (Japan), GS(Japan), JPM (Japan) + all Japanese corporate etc. are all watching that stupid Ichimoku (but mind it they are watching it only for yen and yen crosses). If someone thinks you can trade E/U using Ichimoku, not sure it will work since no institutional desk is watching it.

lol http://www.elitetrader.com/vb/showthread.php?s=&postid=3509326&highlight=ichimoku#post3509326

You know less about jap sell-side than I do, and that's sad.
 
Quote from atticus:

lol http://www.elitetrader.com/vb/showthread.php?s=&postid=3509326&highlight=ichimoku#post3509326

You know less about jap sell-side than I do, and that's sad.

seriously why so angry :)

Anyways thanks for digging up that post. I stand by every word of it. I am not denying that your knowledge about jap sellside could be more than mine though. Lets get back to this thread topic. There is no point in we conversing on a completely tangential thing. PM exists for that kind of conversation.

Peace.
 
Quote from gmst:

seriously why so angry :)

Anyways thanks for digging up that post. I stand by every word of it. I am not denying that your knowledge about jap sellside could be more than mine though. Lets get back to this thread topic. There is no point in we conversing on a completely tangential thing. PM exists for that kind of conversation.

Peace.

I'm not upset. It's an annoyance that sheep like you continue to talk out of your ass at every imaginable opportunity.
 
Quote from atticus:

I'm not upset. It's an annoyance that sheep like you continue to talk out of your ass at every imaginable opportunity.

alright. But thats precisely the topic of this thread - sheeps talking out of their asses and how wrong they have been. So, lets not get annoyed. :cool:
 
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