...trust your gut. , don't let the noise sway you. the price action in world markets is utterly horrible...if your waiting to get long...wait for significant discounts.. the buyers are just about to boycott.. there will be a lot of year end tax selling.. to lock in losses..
waiting for a signal.. but the external environment is utterly horrible.. friends and family 95% cash.. some shorts.. just about it. the news is 1929 esce...
yeah.. , stock market is just monopoly paper.. there is no inherent value to it, its a ponzi scheme created by powers that be... its just a rigged game, the game is about to break..and people are walking away from the table. what good are shares that are eroding in value...do to feed the family. the politicians... robbing you... the ceo's robbing you... the administration... robbing the treasury... ...let it all fall down..........burn baby..burn.
You would think the moves and targets are premeditated? hmm. 1410. Edge, Plan, Discipline to follow that Plan.
Spectre - I had you all wrong man. You were feeding US the wrong message. After reading all your posts, I hold you in high regards technically and strive to be at your level of macro analysis. best
thanx... more then anything.. I would love for this game to continue.. but my stomach wont let me. I fade large ATR's.. so you will see me on the loosing end at 1380 catching.. knives..most likely.. I will end up taking a lot of heat on it.. I anticipate we could break 1380 to head to 1250...as fear grips the public mutual funds.