Wudda Shudda Cudda
Nurse Ratched from ken kesey, i presume?
Surf Report
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Nurse Ratched from ken kesey, i presume?
Roger that..
The Headline Contrarian Indicator in full effect
The latest issue of Worth with some pool water-- lol
The latest issue of Worth with some pool water-- lol
Are you planning To post evidence?
We will see who is right, and who is wrong!
As mentioned many times previously, the problem with investing is timing, but for us short term traders this problem is removed.
They ES has about an 80% chance of making a significant reversal in the not too distant future. The exact date can not be predicted, no matter how much one tries, but it can happen very shortly indeed.
As for my sources of information, they are my business!
With this kind of statements you are always right:
- "80% chance" so if you are wrong you will tell it is in the 20% that were left. You will always be right.
- "significant reversal" What is the definition of "significant"? You can consider as "significant" any kind of correction, so you are always right.
- "not too distant future" What is that? 1 hour, 1 day, 1 week, 1 month, 1 year? So you will be right again.
- "but it can happen" Any thing CAN happen, so again you will always be right.
You say in fact that" anything can happen anytime". But that everybody knows already.
Tell your source that they probably had their charts upside down when analyzing who was shorting and who not. That's the only way to confirm your statement.
Let's just say all of you will be shown up very shortly, as too how little you lot really know!
I would not tell most of you anything, as you do not deserve it.
This is who will be wrong:
1) Surf
2) mr.scalper aka as skippy
Guaranteed to know next week. No if, and, or buts. GUARANTEED.
You haven't a clue about trading, that is the only guarantee..LOL
Mr surf will be laughing real loud at the hibernating bulls very shortly.. LOEL
Typical text book (so called) traders.. LOEFL
You missed the entire point of my post buddy. I am not arguing if the market will go up or down. I am disputing your statement that "the big boys" are getting short. You have no evidence that they are getting short. I provided evidence to show that they are Long and even Surf himself liked it.
Surf is being the ultimate contrarian here because everyone and their brother is Long right now. It could turn into a blood bath if everyone rushes for the exit at the same time. Le Pen winning in France or a conflict with North Korea could cause a massive sell-off, who knows? The problem with being a committed short that I see is the institutions step in and buy dips for the most part and bring the market right back up.
You might get a massive sell-off at some point but you would need to take profits fairly quickly on the short (within a few weeks to a month) because the institutions step in to buy the sell-offs every time since the end of 2008. The challenge for Surf is how quickly will he take profits?
Being a committed short in an individual stock like Restoration Hardware could work out but the Dow and S&Ps always find a way back North eventually. Restoration Hardware could file for bankruptcy and be a great short.
The Dow and S&Ps can just swap components of the index at anytime. Individual components in the Dow could be de-listed or file for bankruptcy and the components of the index can easily be replaced. It does not make sense to be a long term short on an index unless you are hedging. The Dow and S&P do not have bankruptcy or de-listing risk because they are an index. Shorting for a month or two to catch a blood bath is fine but longer than that just does not make sense to me personally.
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