quote all bears need to read.

Quote from efficiency:

Confucius say: "Man with hole in pocket feel cocky all day".



Bulls are quite cocky but there are lots of holes out there. Just waiting to be exploited. Each day is one day closer.

I don't know, every hole thus far exposed has brought a rally! Wall of worry, mate! Wall of worry.
 
Quote from Ivanovich:

I don't know, every hole thus far exposed has brought a rally! Wall of worry, mate! Wall of worry.

Platitude.

Stocks bottom in unisom but top one by one.

Pareto principle: 80% of the price move comes in the last 20% of the time.

Volatility is quiet preceding moves and expands as they exhaust. Volatility is more predictable than price.

It won't be fertile until the # of NYSE 52 week lows hits 50. It'll get there eventually.

When I write speed, I'm not referring to amphetamines.

I'm still net long but have a couple lovely shorts. Monsanto and SRS (in effect long on REITS) with a recent reverse split. I like the taste of them.
 
Quote from TGregg:

Keynes:

"Markets can remain irrational longer than you can remain solvent."

Rumor has it Keynes used to trade currencies from his bed.

I don't know about that but Keysian economics has created many of the holes mentioned. Spending our way to prosperity.

Wait 'til you get your tax bill next year.

What "we" need is a catalyst. Iceland wasn't it. Greece isn't it. Spain won't be it. But, the United Kingdom................Hmmm.
 
Quote from efficiency:

Rumor has it Keynes used to trade currencies from his bed.

I don't know about that but Keysian economics has created many of the holes mentioned. Spending our way to prosperity.

Wait 'til you get your tax bill next year.

What "we" need is a catalyst. Iceland wasn't it. Greece isn't it. Spain won't be it. But, the United Kingdom................Hmmm.

The UK is a ways off, if ever.

In other news, markets move to new yearly highs!
 
Quote from OTCkrak:

The victorious strategist only seeks battle after the victory has been won, whereas he who is destined to defeat first fights and afterwards looks for victory. - Sun Tzu, Art of War

translation: don't fight the trend

We are not fighting the trend,but we know it's dangerously overvauled.

Bubble territory here people.
 
Quote from Ivanovich:

The UK is a ways off, if ever.

In other news, markets move to new yearly highs!


I guess sooner or later there will be a catalyst.It's a matter of when.
 
Quote from OTCkrak:

The victorious strategist only seeks battle after the victory has been won, whereas he who is destined to defeat first fights and afterwards looks for victory. - Sun Tzu, Art of War

translation: don't fight the trend
'He who fighteth and runneth away, liveth to fighteth another day.' Somebody famouth said that ... :)
 
Quote from maxitronixy:

I guess sooner or later there will be a catalyst.It's a matter of when.

In 1987, James Baker gave a speech. In Germany. On an autumn weekend.


Should have been a non-event.



Specialist(S) had a alibi to gap down just about everything material.


I think there's a clue there somewhere.
 
Quote from OTCkrak:

The victorious strategist only seeks battle after the victory has been won, whereas he who is destined to defeat first fights and afterwards looks for victory. - Sun Tzu, Art of War

translation: don't fight the trend

You've mistranslated.

It means only seek battle when victory is assured. As nearly all market outcomes are decided in advance of the event, the correct translation would be to only trade when the market has shown you a very high probability of moving in the direction you anticipate.
 
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