Jump to content

World Stock Markets Trading Discussion - Jaded judgements


Recommended Posts

  • Replies 41
  • Created
  • Last Reply

But, you know, it's not rocket science. Everybody overcomplicates this shit. I hate to beat a dead horse but the only two things you need to know are "Don't fight the Fed," and "The trend is your friend." To me that just means that I have to bend over backwards to give the trend the benefit of the doubt as long as Fed and friends are pumping these historic piles of cash into the accounts of the trading firms month in and month out. 

Link to comment
Share on other sites

Final end-stage bull market maniacal rocketshot in progress?

 

Back of the envelope calculation gives me about a 30% increase in margin debt from this point.

 

I'm really impressed with you Doc.

Yep, can't say we were not warned by Doc... :rolleyes:

Link to comment
Share on other sites

Looks like that 16 number must have been stuck in the computers.......

 

 

 

>: seems that 1600 number must be very important to the "them"

 

as usual, it was not beat by a few pennies, it was blasted through

 

(+20 on the SnP), and on a Friday to Boot

 

Oh yeah DOW 15000, it is all good.......

Link to comment
Share on other sites

Looks like SPX 1700 is now on the table for the year....

 

>: only ~5% higher is needed, pfffftttt

 

 

I have long term cycle projections much higher than that believe it or not. 

 

Get daily updates on the 4 week, 6-7 week, 13 week, 6 month and 10-12 month cycle projections and multiple time frame cyclical, regression channel, and equal width channel support and resistance chart updates daily in the Wall Street Examiner Professional Edition Daily Market Update and support your community. Join NOW!

Link to comment
Share on other sites

Even fuchsia was bearish!

 

 

 

"

June S&P E-mini Futures: Today’s range estimate is 1597-1612. The market has moved through its long term resistance zone of 1546-87. If it should spend several days trading above 1587 I will have to abandon my 10% break scenario."

 

Link to comment
Share on other sites

Archived

This topic is now archived and is closed to further replies.

  • Tell a friend

    Love Stool Pigeons Wire Message Board? Tell a friend!
  • Recently Browsing   0 members

    • No registered users viewing this page.
  • ×
    • Create New...