DrStool Posted March 4, 2022 Author Report Share Posted March 4, 2022 Welcome to Stock Charting 101 I am your professor. Dr. Stepan N. Stool. I worked on Wall Street. I saw what was going down every day. Link to comment Share on other sites More sharing options...
Jimi Posted March 4, 2022 Report Share Posted March 4, 2022 That's Spiro Fucking Agnew. Link to comment Share on other sites More sharing options...
DrStool Posted March 4, 2022 Author Report Share Posted March 4, 2022 The question today students is, who wants to hold their positions over the weekend the least? Longs, or shorts? Link to comment Share on other sites More sharing options...
DrStool Posted March 4, 2022 Author Report Share Posted March 4, 2022 1 minute ago, Jimi said: That's Spiro Fucking Agnew. What are you? Some kind of effete intellectual snob? A nattering nabob of negativism? Link to comment Share on other sites More sharing options...
Jimi Posted March 4, 2022 Report Share Posted March 4, 2022 6 minutes ago, DrStool said: Link to comment Share on other sites More sharing options...
PullMyFinger Posted March 4, 2022 Report Share Posted March 4, 2022 7 minutes ago, DrStool said: Monet, Pissaro, Renoit, Adler? That's an Impressionist masterpiece. Living in France must agree with you. 🙂 Link to comment Share on other sites More sharing options...
Jimi Posted March 4, 2022 Report Share Posted March 4, 2022 I never thought I'd live to see the day... but it would appear that the Moscow Stock Exchange confirms that there is strong support at zero..... Link to comment Share on other sites More sharing options...
DrStool Posted March 4, 2022 Author Report Share Posted March 4, 2022 23 minutes ago, Jimi said: I see what you did there. Link to comment Share on other sites More sharing options...
DrStool Posted March 4, 2022 Author Report Share Posted March 4, 2022 Was that his prison sentence? Link to comment Share on other sites More sharing options...
DrStool Posted March 4, 2022 Author Report Share Posted March 4, 2022 Now taking book on how much the market will open down on Monday. From Nice France, I bid you, Bonne nuit et bonne chance. Link to comment Share on other sites More sharing options...
Jimi Posted March 4, 2022 Report Share Posted March 4, 2022 31 minutes ago, DrStool said: Was that his prison sentence? Funny… I was just thinking that a break of the neckline set up a targeted move of 5-10 years at Leavenworth…. Link to comment Share on other sites More sharing options...
Jimbo Posted March 5, 2022 Report Share Posted March 5, 2022 WHAT IS PRICE?????? Price equals the function of information divided by time. Stock prices and any other asset prices are "particles" brought into being by the interaction of the information field with the time field. The information field acts on the time field to constanty alter the value of the price particle. However the information in the information field (both past information which is known and future information which is not curently known but is estimated) is viewed through the markets collective bias lense to determine the price value. This market bias lense unreasonably discounts the probabilities of certain events: It tends to ignore the probability of wars. It tends to ignore most fat tail events (see the writings of Nassim Taleb). It tends to ignore the lack of property rights and legal protections of those rights in certain countries. It tends to ignore acounting frauds/irregularities. It tends to ignore value metrics. It tends to ignore the fact that bubles and fads eventually end. The markets bias lense ignores a lot of things. It is constantly under weighting some types of information and over weighting others. Understand what the markets bias lense unfairly ignores and unreasonably discounts and you have an inbuilt advantage over the market. Your own individual investor lense needs to be clearer, less distorted and see farther than the markets lense. Link to comment Share on other sites More sharing options...
sandy beach Posted March 5, 2022 Report Share Posted March 5, 2022 Incredible! Where else can one go to read such thoughtful analysis as one finds here every single day. Link to comment Share on other sites More sharing options...
DrStool Posted March 5, 2022 Author Report Share Posted March 5, 2022 2 hours ago, sandy beach said: Incredible! Where else can one go to read such thoughtful analysis as one finds here every single day. In August, Jimbo will celebrate his 20th anniversary posting pearls of wisdom here on the Stool, from Down Under. Thank you, Professor! Link to comment Share on other sites More sharing options...
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