Mick, I don’t mind if it’s me. Egg on my face in trading? Hahaha, no problem compared to losing hundreds of k.
Example Mick. ...... just an example Posted on Oct 8, 2018 Oct 8 Long Spy 500 shares stop/no stop LPR or TP @ xxx.xx Forum time/date stamp must be clear. This is good enough. Your broker statement not required although in my case I want to provide that too, it’s an accomplishment for a young fella.
Murray, coincidence you bringing up Dow Theory and 1987 crash. You say it MISSED the crash. Time to find out. So happens I’m reading Victor Sperandeo’s book right now and just read that Dow Theory said to be Short and HE WAS. Going to verify this NOW.
..."first leg down ended March 2009. Then came the Bear Market rally that ended January 26, 2018..." Umm, wha? Hey, fibo, instead of calling out other people to show how they have fared in the bull market, why don't you show how you have faired in the bear market? You keep gopping on and on about how the equity markets are perma-bear or something. You're an odder bird than I.
Tell ya what, I'm in a good mood, Saturday morning where I am, munching on a bowl of muesli with canned peaches, I won't make ya hunt for this and do any more work, will give you a gift... https://www.elitetrader.com/et/threads/supalgo.322143/ I haven't updated lately purely from the fact I can't be bothered. But thinking about it, I will update my journal now this weekend.
You poor fellow, sorry to confuse you. Bear Market of this magnitude is a 3-legged run = a wave A down (ended March 2009) followed by wave B up ended Jan 26, 2018. Now in Wave C down to complete the entire Bear. So, the entire run up from 2009 is a bear rally. Kapiche? How I’m faring? Hahahaha I’m posting everything here soon after CNBC appearance, broker statement all of it. You will see not only bear trades but the Long ones too. In fact plan to throw a party after the December lows taken out for whoever wants to visit then see the documents live and online in my accounts. Big party. All invited.
Oh, then you must have missed the biggest bear rally in the DOW that started in 1932. Go short now and set your target on the DOW for 700. You'll get there, yeah?
Incorrect. Great Depression down was an ABC move not the move we are talking about now. Then came Bear Market drop into 1974. That completed waves 1, 2, 3, 4. So only one upwave left to go. That was the bull run from 1974 to Jan 2000. 5 waves completed. So then we got abc down into 2009, and now wave b into Jan 2018 top. Wave c down underway now. Pour on the sarcasm, Overnight. For you there is only ONE cure = my brokerage and bank statement. The Herd is so set in their losing ways, can’t change so Boom & Bust goes on.