q2model wrote:
Not sure I'd ever say the market is "supposed" to do anything. It's random walk behavior so at any given moment there is a natural 50/50 chance.
/quote]
Random Walk THEORY has the word theory on it for a reason.
It has been shown not to apply to the markets.
Further there are assumptions involved by the author of the theory and the assumptions are not met.
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Bingo. It's simply a theory, not an axiom or postulate that is assumed to be a given and that you can build off of. The chasm between the 2 is enormous. Talk to any bear in this market since the 3/09 lows. I think they'll tell you exactly what they think of, "random..."
dog3442 wrote:out of bounds i took the short too just covered for 1.5 pts, thanks for confirming what i saw. I had a double divergence on an indicator i use, and a double is a strong bet, i would say 75% right. Now im out for the day, fuck this slimy market till tuesday. Thanks everyone else for your contributions this week. I learn alot from all of you
Well, you had the good sense to scalp it. Now it has moved against me. Waiting to see.
dog3442 wrote:out of bounds i took the short too just covered for 1.5 pts, thanks for confirming what i saw. I had a double divergence on an indicator i use, and a double is a strong bet, i would say 75% right. Now im out for the day, fuck this slimy market till tuesday. Thanks everyone else for your contributions this week. I learn alot from all of you
Well, you had the good sense to scalp it. Now it has moved against me. Waiting to see.
thanks, i have to get ready to leave so couldnt stay in the trade too long anyway. Might have stayed for more down too if i didnt have to go
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