Cohen is said to be able to figure out which particular item a market will decide is important. He gets his information first now. He didn't always. Just knowing what the market will focus on next is pretty decisive. Last week, cnbc had a show on one of the biggest bond traders. The guy was talking about "knowing things a little before they happen". A couple of guys he mentored said they picked up all his indicators and trading practices, all the normal stuff. But they said there was something they just couldn't get. Something spooky. Yeah, Soros too. And Livermore. And more than a dozen of the old school traders. That is exactly what I'm talking about. Just a very subtle feeling, a small assurance, but insistent. There it is, that's the way to go right now. Or, maybe, he's got that flush. There is no way to truly know, but I know anyway. For me it is subtle. A voice coming from the gut rather than the brain. No reason at all, just, hey there it is, go that way. Pretty subjective, tho. But its working for now.
So bsmeter missed the point..not anything to worry about. Data sets do not just lead to a generalized answer like "trend" stuff. Making money goes much deeper into the the operation of markets than this limitng view of bsmeter. Apparently he is still unable to see the markets. the line of the post where I made my point passed him by. He thinks "following" something is a possibility as well. It is very ineffective and inefficient to follow. the alternative I suggest is actually the opposite of following. I wonder if the meter he is using is focussed on something that does not help a person to learn anything about anything. LOL...bsmeter
AGREE again! Anticipating the trend before it developes is risky, but rewarding. Personally, when I take profits I anticipate the reversal. But when I get in, I wait for the trend to establish itself.
< Yawn > More monkey gibberish. Sorry don't mean to sound rude but that's what it is. I understand ET has a chat room function? How about this. Let's go head to head, live market calls!! I'll trade real money and give my broker authority to divulge that days trading records and I'll expect you to do the same. I'll even let you select the market! I'm offering you a fine opportunity to show the world your superb trading skillz!!
Very interesting indeed. Could you please elaborate more on the process that you used to develop such instinct.
"Very interesting indeed. Could you please elaborate more on the process that you used to develop such instinct." Research Edgar Cayce. He beleived everyone could learn how to do this. I'm not so sure. But he was a lot better at it, so maybe he gets benefit of doubt. I came to it thru some outside quantum physics work. David Bohm suggested how things (people included) are connected. Its a matter of finding the connections and following them. Its actually pretty easy to do. Trusting it is another matter entirely. Will probably be impossible for those who need concrete reasons.
OK, maybe not "snake oil" but perhaps Nostradamus of the Latter day prognosticators...LOL Cayce, Edgar (born March 18, 1877, near Hopkinsville, Ky., U.S.-died Jan. 3, 1945, Virginia Beach, Va.) U.S. faith healer. He received little formal education. He began his cures in the 1920s, often accomplishing them long-distance. In 1925 he settled in Virginia Beach, Va., where he established a hospital (1928) and the Association for Research and Enlightenment (1931). He also made prophecies (including of the destruction of New York City and California) and claimed to be able to recall past lives. He believed in the existence of a great civilization in Atlantis some 12,000 years ago. Better move out of CA you guys, head to Nevada for beachfront property. (sorry to butt in, sometimes I just get that "feeling" that I need to know something before I actually know something)...LOL Don