Two days in a row market rallies the last minutes of the trading day off its lows!!!!! Amazing isnt it!!!
I look at this guys posted trades and almost every single one of them is a money loser. Go ahead, check it out. Then he claims something like "Copper's showing technical weakness" and it goes up 1.5% the next morning. The man believes every trend is a "wedge" that will be refuted. He countertrends everything. This is an unsuccessful trading strategy in the long run. What it does do is if he waits long enough and makes enough wild shorting predictions, he'll hit one of them. And then he'll reference that call for years. It's a scam that many bad financial analysts use regularily. So I'm not sure why you're congratulating him given his trading record this year.
Many charts continue to reflect the uncertainty and lack of consensus by market participants but one chart pattern has remained constant. Monthly S&P500 ~ http://wp.me/pTrb8-1kx -------------------------------- Nine_Ender Rather than persisting with your emotive and misinformed ad hominem attacks - why not post your trades / decent TA and thus expose yourself to some much needed scrutiny ? Do you have the courage to do that ? Or are you just a troll with an inadequate personality ? All will be revealed by your response.
Maybe I am just a bit sarcasm here. What I mean here is this littlebicycle only "right" ONE time after COUNTLESS of bear calls, and even in this case, I immediately do the different when he call for Bear in market (buy the dip and long the market) The market went UP immediately after this littlebicycle Bear call, he can't even have time to celebrate before he realise he is WRONG again
S&P500 monthly bank index updated at blog. As mentioned earlier this important index has not been bullish for some time - warning what's ahead. http://stockmarket618.wordpress.com
DOW/S&P500 futures sideways bearish chop that we have had for about a week continues and it does not look bullish.
DOW/S&P500 bearish/sideways chop continues and selling pressure increases so leg down should be ahead.