That's one way to look at it. Another would be that most of these people have been sufficiently brainwashed by the current politicians and...
Yes, they are. Attempting to call absolute number tops and bottoms, however, is not. Those tricks are for kids.
Don't sweat it. The smart money will always need the dumb money to take the other side of trades. I learned long ago not to try and argue, and...
Glad to see someone gets it. Honestly, I just don't understand so many people's obsessions with attempting to call absolute tops and bottoms....
Not knowing exactly what analysis he did with those indicators, I cannot say. But those indicators are indeed used in TA. No, you are drawing...
I'm not saying it's useless completely, just that the more participants have come to be aware of TA as a strategy, the less reliable it has...
LOL, that guy was a perfect contrarian indicator if ever there was one. :D
This illustrates why attempting to call absolute numbers as far as tops or bottoms on the market is a fool's errand. Always has been, always will...
Check back in a year to see if it's become any clearer for you.
Yep, pretty much agreed on all counts. Add in the next rounds of loan defaults that are coming with ARM resets next year, plus commercial RE and...
Not if you can consistently make good money off of it. :cool: But of course there's more to it than that, no single indicator or factor...
Possible, but I disagree. First, I believe way too many people have come to rely on TA as a sole predictor, hence it is no longer as useful as it...
Makes perfect sense. That also explains at least one other identity he's been using that he posted on this thread as, except he forgot that he...
Damn, the comedy was just starting to get good...
May as well be. Just keep hittin' the slots, eventually it might pay off, LOL! :D
Just like all the other tops it looked like that you called before. Yes, we know. Don't worry Surf, eventually if you keep calling tops,...
And as any trader worth his salt knows, timing is everything. Being right too soon is the same thing as being wrong, so whether or not your macro...
At some point in the future you will be right, and gold will fall. But then again, this can be filed in the "even a broken clock is right twice a...
I'm not sure what's more pathetic, marketsurfer's incessant need to continue being a broken clock waiting to be right at some point in the...
Two reasons "so what". First, the fact that any time gold had any kind of dip you were posting here to pat yourself on the back. So the irony is...
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