Home > General Topics > Trading > Serious Q: Has There Ever Been A Better Contrarian Indicator Than Port aka Stock_trd3

Serious Q: Has There Ever Been A Better Contrarian Indicator Than Port aka Stock_trd3

  1. Forgot to add PeterEastgate is also known as Port, who's also known as stock_trd3r.

    So, they're all the same teenage boy.
     
  2. Maybe he could sell himself as a contrarian indicator... :D ...

    He was very bullish all the WAY down...

    I mean look at Dick Bove... Called for a Buy of The Decade.. on Citibank when it was trading in the Teens... then it went to 3 and change...

    and still he is quoted on CNBC as noted banking analyst...

    Maybe he is tradr_3's father...
     
  3. Anyone who trades based on what this person has to say is also a fool.


     
  4. ooops....just reread my post........to be clear.....in my last post I didn't mean you BLSH.....I meant that stocktrader3 clown.
     
  5. Roger that, 1ff.
     
  6. I don't think you can call him a contrarian indicator. He is an enternal bull in a bear market. It's the same thing as being an eternal bear in a bull market.

    What I am saying is that technical analysts know when the market is trending in which direction but most of us still won't make trades based purely on the yearly trend and then hold for weeks/months.

    He still is entertaining but the sad thing is that sooner or later he will be right. Any guy with any sense would have changed his bias a long time ago.