Surf's Special Situation Journal

[marketsurfer]

Quote from Lucrum:

Probably just the fact you were under water by 60 points at one point. Some people are funny about that sort of thing.

Hmmm, sounds like over leveraged and or scared money to me. One needs to trust their analysis and position size properly. Scared money has no place in the markets.

 

[marketsurfer]

I like GM here pre-earnings-- this is not a Price Driver trade, rather a strong hunch

 

[sculptor66]

Quote from marketsurfer:

I like GM here pre-earnings-- this is not a Price Driver trade, rather a strong hunch

Do you really believe in these charts and ...uhmm... gasp ... 'squiggly lines'??

 

[marketsurfer]

Quote from sculptor66:

Do you really believe in these charts and ...uhmm... gasp ... 'squiggly lines'??

Purely illustrative, brother. TA is great for showing concepts. Not so great for real time trade decisions or bias creation.

surf

PS, how about this top signal in the DJIA-- other than my editor mistaken support for resistance--- it's the work of a non believing TA master-- LOL

some eye candy for the TA brigade

 

[Eyez]

Quote from Lucrum:

Probably just the fact you were under water by 60 points at one point. Some people are funny about that sort of thing.

It's more funny when "price drivers" supposedly call market direction in real-time, but he averages losers without declared stop.

 

[Lucrum]

Quote from marketsurfer:

Hmmm, sounds like over leveraged and or scared money to me. One needs to trust their analysis and position size properly. Scared money has no place in the markets.

LOL that's one way to rationalize poor timing I suppose.

How do you feel about trading on hunches?

 

[marketsurfer]

Quote from Lucrum:

LOL that's one way to rationalize poor timing I suppose.

How do you feel about trading on hunches?

Poor timing, LMFAO!

As far as GM goes, it depends where the hunch is from but take it as you will. Im just trying to help.

surf

 

[Lucrum]

Quote from marketsurfer:

Poor timing, LMFAO!

Why is your consistently poor timing funny?

As far as GM goes, it depends where the hunch is from but take it as you will. Im just trying to help.

surf

How is a hunch from a anonymous internet persona going to help, anyone?

 

[bigarrow]

TA are numbers and time in a graph form. It is a graphical way to help make mathematical decisions.

 

[daniel33]

Quote from marketsurfer:

Poor timing, LMFAO!

I don't see anything wrong with the 60 points of heat or whatever it was, as long as the reward can justify such heat.