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Cobra wrote:By the way, why bearish comments are more common those days? Because if you long, you're mostly satisfied therefore find no need to read any market analysis or report. See chart below, the visits to my Chinese forum, see the peak? Yes, that's the market bottom. Coincidences? Well, it's been happening for many many years.stocksage wrote:I see lots of bears here
That only means people are happy (about their long) therefore find no interest to visit my site. And hence if QE3 starts, my blog as well as my forum will be out of business soon and we all retire earlier. Hope at that time I could meet you guys at beach.BullBear52x wrote:Cobra, from that same chart, looks like you got trend peak change to down curve, how do you read that? bullilsh bearish or some new change about to occured? nice graph of sentiments.Cobra wrote:By the way, why bearish comments are more common those days? Because if you long, you're mostly satisfied therefore find no need to read any market analysis or report. See chart below, the visits to my Chinese forum, see the peak? Yes, that's the market bottom. Coincidences? Well, it's been happening for many many years.stocksage wrote:I see lots of bears here
Looks like I'll be paying comission the way it trades now, flat sideways out to get my $20 fee?Me XMan wrote:End-of-Month ramping?
I see lots of traders here.stocksage wrote:I see lots of bears here
You speak my language, I may get wip zaw here and there but hardly miss a good run in any direction.DCS wrote:I see lots of traders here.stocksage wrote:I see lots of bears here
Staying fluid and objective is a plus. If your outlook is inflexible, or you have emotional attachment to a trend that is reflected in your trades, then you will eventually take a bg hit.
Sooner or later all markets correct, and traders can make money on those movements partly because there is another market contingent who never dreamed it could happen.
Whether the market reacted well to recent "bad" events really depends on what your definition of "reacted well" is. Riding pomo up to Japan, then shorting the market to a predictable disaster-related near-term low before re-investing in a predictable bounce...this yielded much higher returns than riding pomo all the way thru to today.
If you know other die-hard bulls, please do not share this post with them, because some of us occasionally rely on them being around so we can trade both ways.
Good luck with your trades! May we all make a little dough here and there.
Well, you got me again. I HAVE NO GUTS TO SHORT. Although I believe the trend is gradually shifting on the downside.stocksage wrote:
Then you should be short now. Good luck gotta run.
Dude!!Cobra wrote: See chart below, the visits to my Chinese forum, see the peak? Yes, that's the market bottom. Coincidences? Well, it's been happening for many many years.
I only short on bear strength. Expectation doesn't equal to trade position, only market is always right so I NEVER front run the market.alvian33 wrote:Cobra so after this last push p short is the name of the game?
I'll post whenever I see useful. Mostly it doesn't so don't hope much.DCS wrote:Dude!!Cobra wrote: See chart below, the visits to my Chinese forum, see the peak? Yes, that's the market bottom. Coincidences? Well, it's been happening for many many years.
That is tradable information!
May I respectfully request this chart be published each Friday or something? Maybe start with a 3 yr historical?
uempel wrote:1315 difficult to crack, SPX has been trying for two days now: http://stockcharts.com/h-sc/ui?s=$SPX&p ... &listNum=3
Bulls call this ConsolIdation....Bears call this resistance.Cobra wrote:This kind of consolidation is bullish.
Good luck. You might be right. I first want to check the bullish percentages after the close. At the moment SPX is at the weekly MA9, and it's just above daily MA21 and 55. I'm uncertain about what is going to happen, and I tend to avoid bets which are fifty-fifty. So I'm 100% cash.Me XMan wrote:Shorted SPY one more time here.
uempel wrote:1315 difficult to crack, SPX has been trying for two days now: http://stockcharts.com/h-sc/ui?s=$SPX&p ... &listNum=3