Poll! What Do YOU Think?

Which Way We Will SPX Move In August?

  • 1280 Seems Like a Sure Shot

    Votes: 13 38.2%

  • The Highs Could Be This Week

    Votes: 21 61.8%
  • Total voters
    34
  • Poll closed .
Quote from Raystonn:

How about adding another choice to the poll: "I don't guess. I let the market tell me which way it's going."

-Raystonn
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Oh, go crawl into a Mark Douglass book! I'm sure you're so in the flow. LMFAO!
 
The difference is that if you were to look at the markets long term you would see this: while it is fully possible that any particular price level will never be seen again after the price rises above it, it is very unlikely, if not impossible, that a price level will never be seen again after the price drops below it. The markets trend upwards over long periods of time. Some might call this an "edge" that buyers have over sellers.

-Raystonn
 
Quote from Raystonn:

The difference is that if you were to look at the markets long term you would see this: while it is fully possible that any particular price level will never be seen again after the price rises above it, it is very unlikely, if not impossible, that a price level will never be seen again after the price drops below it. The markets trend upwards over long periods of time. Some might call this an "edge" that buyers have over sellers.

-Raystonn
More...


Over the long haul we'll all be dead. Personally I make more money on the short side.
 
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