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Daring

Registered: Aug 2012
Posts: 676

09-16-12 03:35 AM

Now that QE3 is out.

Where to short and where to cover to get long ?

Or keep buying up to what point ?

Looking for some guidance to see how pros read this.

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oraclewizard77
Moderator

Registered: Jan 2006
Posts: 2289

09-16-12 03:58 AM

Do not try and trade the SP500. That's impossible. Instead... only try to realize the truth.
What truth?
There is no QE3.
There is no QE3?
Then you'll see, that it is not the SP500 that trends, it is only yourself.

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cdcaveman

Registered: Aug 2011
Posts: 3514

09-16-12 05:38 AM

Quote from oraclewizard77:

Do not try and trade the SP500. That's impossible. Instead... only try to realize the truth.
What truth?
There is no QE3.
There is no QE3?
Then you'll see, that it is not the SP500 that trends, it is only yourself.

Super DB admin..... Hi....

. I wanna program shit

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RangeTrader

Registered: Mar 2012
Posts: 705

09-16-12 06:21 AM

Quote from oraclewizard77:

Do not try and trade the SP500. That's impossible. Instead... only try to realize the truth.
What truth?
There is no QE3.
There is no QE3?
Then you'll see, that it is not the SP500 that trends, it is only yourself.

I think what the oracle is trying to say is... Trade yourself not the S&P 500... LoL...

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oraclewizard77
Moderator

Registered: Jan 2006
Posts: 2289

09-16-12 06:21 AM

Then go to a University and take some programming classes like I did, or read a C# programming book.

Quote from cdcaveman:

Super DB admin..... Hi.... . I wanna program shit

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cdcaveman

Registered: Aug 2011
Posts: 3514

09-17-12 01:51 AM

Quote from oraclewizard77:

Then go to a University and take some programming classes like I did, or read a C# programming book.

That's what I'm finna do...
Taking statistics now.... the visual basic...then on to c

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