Guest EagerBeav Posted January 6, 2003 Report Share Posted January 6, 2003 I will be opening the Stooltrading thread tomorrow. The thread will be open to all for the time being. Those of you who want to follow along please feel free to do so. There will be no feedback on that thread. You can throw shit all you want here. I just won't read it. I work too goddam hard to listen to people constantly remind me they were right and I was wrong. I took the goddam loss. I can't afford to spend time deffending a mistake. I have to look ahead, and so do you. You don't frickin' think I know I was wrong? Every page on this thread someone has taken the opportunity to remind me. Shee-it. That's human nature Doc; you're a god when you're right, but make ONE mistake, and look out... you are in the shit house! I don't think anyone here can claim to being on the right side of calling this market, especially in the past few weeks!!! Instead of slamming Doc, take responsibility for our own predictions and trades, as he is not a god, but he helps us out a hell'uva lot!!!! Keep up the good work Doc, your percentages are still great! Just my opinion,sorry. I'll shut up now. Link to comment Share on other sites More sharing options...
FeedFool Posted January 6, 2003 Report Share Posted January 6, 2003 I will be opening the Stooltrading thread tomorrow. The thread will be open to all for the time being. Those of you who want to follow along please feel free to do so. There will be no feedback on that thread. You can throw shit all you want here. I just won't read it. I work too goddam hard to listen to people constantly remind me they were right and I was wrong. I took the goddam loss. I can't afford to spend time deffending a mistake. I have to look ahead, and so do you. You don't frickin' think I know I was wrong? Every page on this thread someone has taken the opportunity to remind me. Shee-it. Doc. Some guys are looking for god so they can squeeze last point out of index. And even then one can't please all the people all of the time even god can?t manage it. Link to comment Share on other sites More sharing options...
Miss Moneypenny Posted January 6, 2003 Report Share Posted January 6, 2003 I will be opening the Stooltrading thread tomorrow. The thread will be open to all for the time being. Those of you who want to follow along please feel free to do so. There will be no feedback on that thread. You can throw shit all you want here. I just won't read it. I work too goddam hard to listen to people constantly remind me they were right and I was wrong. I took the goddam loss. I can't afford to spend time deffending a mistake. I have to look ahead, and so do you. You don't frickin' think I know I was wrong? Every page on this thread someone has taken the opportunity to remind me. Shee-it. Here I was busy typing and missed Doc's rant! Boy it's been a while since we had the good doctor ranting and raving! Come on Doc -- you know we all love ya!! Link to comment Share on other sites More sharing options...
RockLedge Posted January 6, 2003 Report Share Posted January 6, 2003 Calling Dr Stool, ... Calling Dr. Stool.... We love you man!!! "Breath in, breath out" Link to comment Share on other sites More sharing options...
Slothrop Posted January 6, 2003 Report Share Posted January 6, 2003 I like simple guy, but he's been wrong here and there. Me too. It's no big deal. It's trading. If you're spending time assigning blame, you're missing the next important trade. Link to comment Share on other sites More sharing options...
FeedFool Posted January 6, 2003 Report Share Posted January 6, 2003 DF - DO you think the P/C ratio for index is wrong. I have never seen it that high and so consistently. Something doesn;t meake sense? As Maxwell Smart says, I find that hard to believe. If this is correct, I'd jump in with both feet on puts. http://www.softwarenorth.net/cot/current/charts/ND.png ...and this could be wrong too. (posted over the weekend on M2M) Source Rich where are U? Does the charts looks right to u? Thanks Link to comment Share on other sites More sharing options...
riff Posted January 6, 2003 Report Share Posted January 6, 2003 Sometimes Doc ya just gotta take a trade so you remember what it's all about. I really appreciate you takin the shot. I have been sitting on my hands for 2 weeks now instead of acting on what I saw....... That's what stops are for..... Ya took yer lumps and we all learned from it. Thanks Doc. No one wins every trade. Just keep the odds in our favour and we'll do right in the end. Link to comment Share on other sites More sharing options...
BAREister Posted January 6, 2003 Report Share Posted January 6, 2003 Knock, knock, knockin' on Heaven's door... (925) Link to comment Share on other sites More sharing options...
chiefywiefy Posted January 6, 2003 Report Share Posted January 6, 2003 I find it hard to fault anyone since I know I'm the one most lacking in knowledge here on the Stool in all TA. Perhaps that explains why I usually make money I just sit back and take it all in and trade the intermediate when it feels right. How's that for strategy. But guys don't forget how enjoyable this sight is and when posting try to address people as if you were standing in front of them. That being said perhaps we are having another high volume blowoff top in the miners? Will look to add when/if RSI below 30. Link to comment Share on other sites More sharing options...
HardAssets Posted January 6, 2003 Report Share Posted January 6, 2003 DF - DO you think the P/C ratio for index is wrong. I have never seen it that high and so consistently. Something doesn;t meake sense? As Maxwell Smart says, I find that hard to believe. If this is correct, I'd jump in with both feet on puts. http://www.softwarenorth.net/cot/current/charts/ND.png ...and this could be wrong too. (posted over the weekend on M2M) Source Rich where are U? Does the charts looks right to u? Thanks PLease note that the COT reports did not come out on Friday. They come out at 3:30 pm today as a result of last weeks holiday. So that data is old. Todays data will be interesting and this Firday I think will be key, because that will tell us how they uised the rally. To build long more positions or get more short. We shall see. Link to comment Share on other sites More sharing options...
DrStool Posted January 6, 2003 Report Share Posted January 6, 2003 Is this it? 5 hour cycle chart. Link to comment Share on other sites More sharing options...
DrStool Posted January 6, 2003 Report Share Posted January 6, 2003 Sto's need to drop below 80%. Otherwise this just keeps going up at the same rate. Link to comment Share on other sites More sharing options...
BAREister Posted January 6, 2003 Report Share Posted January 6, 2003 The Prechter spectre intoned he thinx gold topping out here, and pointed to a non-conFURmation in the price of silver. Link to comment Share on other sites More sharing options...
Metamucil Posted January 6, 2003 Report Share Posted January 6, 2003 The major part of right shoulders on SPX, NDX are done. I donged more SMH to reduce port volatility. Will release them at my stop of 23.90, below 23.14 support. Buy stop was 24.20. Feed, this is the 1st time I have not swung long at the 13 week cycle bottom. Reasons: Head and shoulders; channel tops, show the likely reward.....small. We are already there. My WAG is that the 13 weekers will, at best, produce a swup; more likely get crushed by the bigger waves....or headfake down for completion. Patience...and we shall see who has been fooled. This is a muthah of a top, but it's best to follow the pros...and they look very short. If the madness continues, I will add to SMH longs (for net long), until this muddy water is clear again. Link to comment Share on other sites More sharing options...
PileDriver Posted January 6, 2003 Report Share Posted January 6, 2003 we're all wrong one in awhile when it comes to trying to pick the direction of the averages. That's why I'm long and short simultaneously the two extreme ends. I realize my limitations and what I'm dealing with - a market average that has gone absolutely nowhere since mid Oct. I'm through with sitting there waiting for the perfect time to swing 100% one way or the other. Through I tell ya, through (rant off) Seriously, think about it. The market spends most of its time in a mixed funk. Only when it sets into a true STRONG trend does it make sense to be heavily weighted long or short. The capitulation freefall phase is several weeks off. Doc, don't beat up on yourself. We all love you and highly value what you do and service you provide!!! Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.