There goes the neighborhood

[Covertibility]

This thread reminds me of another earlier in the summer: The FED has been pulling money out of economy for months.

Confirmation bias. We'll see how this OP does, hopefully not as bad as that other dumb bastard.

Markets, like the English language (in this case, the conditional "if"), are too difficult for some people.

 

[kjones5159]

Quote from Covertibility:

This thread reminds me of another earlier in the summer: The FED has been pulling money out of economy for months.

Confirmation bias. We'll see how this OP does, hopefully not as bad as that other dumb bastard.

Markets, like the English language (in this case, the conditional "if"), are too difficult for some people.

That thread is...special.

 

[ogarbitrage]

Nobody is arguing with you here OP. The whole point of this was that no one cares what GS has to say - precisely because, as you say, they are a "big player" - they have conflicts of interest across the board.

You have 0 idea what their position is and how this media outlet can be used in their favor.

 

[Random.Capital]

Quote from kjones5159:

The question is what IS going to happen...

Nobody knows.

Everybody is guessing.

Including GS.

 

[brokerboy]

i will call top around here but its a pure economic call. i feel next year is going to be a rough year whoever is in office. i think obama wins another 4 years so i have no nope there. i think romney is a joke with his plan to make 12,000,000 new jobs. yeah cut off unemployment, cut spending, tax cut's for the rich, and produce jobs for 8 dollars an hour. that's his plan haha. i think the bad news was just painted with fed money and you can't build a good economic foundation on that.

 

[kjones5159]

http://m.washingtonpost.com/world/e...c0586e-f805-11e1-a93b-7185e3f88849_story.html

Call it confirmation bias but I seriously doubt Draghi can clear this up with bond buying. Well that's my guess, to be politically correct.

 

[brokerboy]

this market can move up as high as it wants. the real economics always catches up you just don't ever know when.

Quote from kjones5159:

http://m.washingtonpost.com/world/e...c0586e-f805-11e1-a93b-7185e3f88849_story.html

Call it confirmation bias but I seriously doubt Draghi can clear this up with bond buying. Well that's my guess, to be politically correct.

 

[Tsing Tao]

Quote from kjones5159:

Well, you said that trying to predict is moronic, so that would imply that you do not, in fact, try to predict, I'd think that is quite simple.

And no I do not rely on GS to think for me, what I do find relevant is that GS is one of the biggest players in this game, so they have influence to a degree.

How simple can you really be? I live in Florida, I thought the immigrants were simple, but you've really changed my perception.

This forum is really rediculous, a bunch of people trying to argue about who is smarter over the internet. There have been a few who have had intelligent conversation and been helpful and whatnot, but overall it's filled with people like you, ogarbitrage.

You get off trying to convince someone on the internet that they are inferior. Honestly how low can you get?

Dude, what the hell did you think would happen? You make a new thread predicting a collapse. The polar opposite happens and you don't expect people to jump on you? Welcome to the Internet!

 

[brokerboy]

its a good investor trade if your not going to look hard at charts. he just does not understand people trade here for short term trades and use charts to make the decisions.

Quote from Tsing Tao:

Dude, what the hell did you think would happen? You make a new thread predicting a collapse. The polar opposite happens and you don't expect people to jump on you? Welcome to the Internet!

 

[kjones5159]

Quote from Tsing Tao:

Dude, what the hell did you think would happen? You make a new thread predicting a collapse. The polar opposite happens and you don't expect people to jump on you? Welcome to the Internet!

I'm calling for it between now and the end of October, and a smallish correction, not a major collapse. And yes it is a more "investment" styled trade, for these boards two months seems to be long term.

There's a time and place for charts and technicals and I will use them depending on my objective in a trade or series of trades, my preferred way of analysis instead of pure TA is what I call 'outside in'.

See what the polticians are doing, see what the big picture (global) economic situation looks like, see what the region/country looks like, then the market itself, sector, industry, specific competition (companies), target (usually synthesis of the previous observations), then when deciding between companies and/or on possible entry/exit for whatever given timeframe for whatever situation I am interested in, THEN I will use TA, to see at the end on the atomic level what the stock itself is doing.

I am more oriented to position/swing trading, my bet is not off because of Draghi's headlines this morning.