Very true, illiquid. While I generally try to trade with the trend, I will also buy and short exhaustion which is countertrend. If you're fairly...
I don't think anyone can just dismiss Harry's chart and theory by simply saying what has happened over the past 100 years should determine what...
I used to talk shop with anyone who wanted to listen. Now I typically keep quiet as to what I'm thinking and what I'm doing.
seems more likely than intermediate term top at this point -- but stay flexible.
Looks like the buyers are rotating into the least overextended sector whenever the others have gone too far, too fast.
I agree, Baruch. To argue economics is pointless from a trading standpoint. I just like talking about it -- but it is irrelevant to successful...
We're in a pattern that may nor may not be a death spiral. Not too long ago I saw automobile dealers advertising financing for 72 months (and...
I can see taking money off the table. The market always has unexpected EVENT risk -- even if the trend is strong.
I can't see anything that causes me to think that this is the top (unless you're talking just a short-term top). But maybe you're seeing...
More like a tick than a cockroach! If you keep trying to squish it, it keeps swelling back up!
I assume that if we close higher at any point after Monday that you will cover?
Well, traits of a good trader include the courage to act on one's convictions and independent thought! Good luck!
There are some people like Robert Miner who employ a less strict application of EWT. I have no idea of Miner's track record but I have heard a...
This is just an oversimplification but still has some relevance: 1. stock market performance is evaluated on a quarter-to-quarter basis. 2....
"Markets can remain irrational longer than you can remain solvent." -- John Maynard Keynes
I don't disagree.
In my experience are not as reliable as divergences on the indicator itself -- which still isn't a guarantee.
"Live with Passion!" -- Anthony Robbins
The trend is your friend -- until it ends.
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