Tomorrow Wednesday 09/09/2009: Beginning of Bear Leg
- Thread starter riskfreetrading
- Start date
no, not correct. Rethink it. The sum of all longs is higher that 100% of the market caps. Prices are determined on margins.
Watch S&P, my amateur call right here is that it will go to 1100. Nothing to worry about until it breaks around 950. It's been moving up strong on good volume in a nice channel. I'm trying to find reasons for the market to tank hard here but there doesn't seem to be many right now.
I take serious offence to that comment, well not really. How about you chime in instead of making stupid remarks that have the maturity level of a 5 year old. Seems to be the norm of posters on this forum which is exactly why some people don't post here very much.
In May i voted in a poll that the rally would continue and here we are. What is your track record?
pfff, and your a mod on top of it.
pfff, and your a mod on top of it.
Here is a chance to flame me if you are so inclined
But I would also add â In no way am I insulting anyone â in any manor â by what I post here.
Just an observationâ¦
It is the multitude of threads just like this where â folks are trying to call direction/ tops/ bottoms / turns â that only reaffirms my beliefâ¦
A majority of people do not work well in uncertain/ unknowable environments (specifically the mkt)⦠Nor are most willing or able to become comfortable with the uncertainness / not knowing of the mktâ¦
In fact there seems to be such a strong innate aversion to ânot knowingâ / âuncertaintyâ â that folks will create an illusion of certainty/ knowing â by picking direction/ tops/ bottoms/ turns, then trying to justify itâ¦. Even if that direction turns out to be consistently dead wrong
Itâs not just this thread â there are many just like this one â Itâs that I just donât get itâ¦.
A fact
I do not know what the mkt will do tomorrow â nor do I care (really I donât) â Iâll just trade it and either lose or make money
But as evidenced from all the âtrying to call it threadsâ⦠The not knowing or caring â must be easy to say â but harder than hell to accept â for most⦠And why Iâll never understand - Its just trading after all - nothing more
Aside
Iâve often wondered what the results would be (accuracy wise) if a person took a coin (used the same coin) and for X, XX, or XXX consecutive trading days â flipped it before the open
Heads = Mkt call Up
Tails = Mkt call Down
I often wonder if the accuracy would be any better or worseâ¦
Anyhow hereâs wishing yâall good trading tomorrow â no matter the direction
Regards
RN
But I would also add â In no way am I insulting anyone â in any manor â by what I post here.
Just an observationâ¦
It is the multitude of threads just like this where â folks are trying to call direction/ tops/ bottoms / turns â that only reaffirms my beliefâ¦
A majority of people do not work well in uncertain/ unknowable environments (specifically the mkt)⦠Nor are most willing or able to become comfortable with the uncertainness / not knowing of the mktâ¦
In fact there seems to be such a strong innate aversion to ânot knowingâ / âuncertaintyâ â that folks will create an illusion of certainty/ knowing â by picking direction/ tops/ bottoms/ turns, then trying to justify itâ¦. Even if that direction turns out to be consistently dead wrong
Itâs not just this thread â there are many just like this one â Itâs that I just donât get itâ¦.
A fact
I do not know what the mkt will do tomorrow â nor do I care (really I donât) â Iâll just trade it and either lose or make money
But as evidenced from all the âtrying to call it threadsâ⦠The not knowing or caring â must be easy to say â but harder than hell to accept â for most⦠And why Iâll never understand - Its just trading after all - nothing more
Aside
Iâve often wondered what the results would be (accuracy wise) if a person took a coin (used the same coin) and for X, XX, or XXX consecutive trading days â flipped it before the open
Heads = Mkt call Up
Tails = Mkt call Down
I often wonder if the accuracy would be any better or worseâ¦
Anyhow hereâs wishing yâall good trading tomorrow â no matter the direction
Regards
RN