Didn't you just get the 3 day cycle buy signals this morning?
Save it Doc, I'll handle this one....
Sir, you will observe that at no time, or in either case, did he specify WHICH three days he was referring to.
Thank you.
I must be getting older....because time is sure moving faster...
"It's tough to make predictions, especially about the future" Yogi Berra
"If you believe people are rational beings, you will go through life frustrated and confused" Scott Adams
"Don't dig the dialog of denial"
"No, I don't know that atheists should be considered as citizens, nor should they be considered as patriots. This is one nation under God." George W. Bush
I can't see a reason to sell yet (of course, like a dunce, I sold half my dongs). Price action is very positive and breadth measure have been improving all the way up for weeks. Every day I see more and more new buy signals on individual stocks. Stock screens also good.
This is nothing at all like the environment in late June, from a technical perspective, where we had seen internals deteriorating for quite some time before the drop came.
Then why in the world did u sell?? What posessed you to sell if every visual indicator said stick with it...Was it an interior fear that addled your perceptive faculties?
Did you SEE anything in violation of your initially correct assesment?
Would you be soo kind as to explore this phenomenon in the open, so we can benefit from your mistakes? I mean this sincerly---exterior or interior causation--Which is it????
beardrech If we dont benefit from each other's mistakes we'll only repeat them
I sold half my dongs the day the Fed cut. I still thought the trend was up, so my intention was to get back in after a pullback, which you can usually count on after a fed move. But the pullback never came. Instead, trhe market strenghthened. And I usually don't chase moves. It's an ego thing, I guess. And I'm still making money with the remaining half of the position, so I don't want to get too greedy. Hopefully, we will get a decent pullback at some point and I'll get a better entry point. But then, my fear is that we get a 1998 kind of scenario , when the Nasdaq rocketed 90% in a few months after the Fed cut, with only one little miserable 5% pullback.
Oh well, welcome to the greatest market in history.
Thanks for that warm welcome.
What is that cord for, the one coming out of the bear's ass?
Uh, that would be the one that makes the bear talk....I'll bet in a high pitched voice...
"It's tough to make predictions, especially about the future" Yogi Berra
"If you believe people are rational beings, you will go through life frustrated and confused" Scott Adams
"Don't dig the dialog of denial"
"No, I don't know that atheists should be considered as citizens, nor should they be considered as patriots. This is one nation under God." George W. Bush
Oh well, welcome to the greatest market in history.
Thanks for that warm welcome.
What is that cord for, the one coming out of the bear's ass?
It's the fuse for the dynamite loaded inside.
Dynamite...Best damn fishing bait money can buy....
"It's tough to make predictions, especially about the future" Yogi Berra
"If you believe people are rational beings, you will go through life frustrated and confused" Scott Adams
"Don't dig the dialog of denial"
"No, I don't know that atheists should be considered as citizens, nor should they be considered as patriots. This is one nation under God." George W. Bush