Smart Money is Long

Discussion in 'Trading' started by Nine_Ender, Dec 13, 2010.

  1. %%
    True uptrend;
    except for stuff like GE:D
     
    #81     Jan 22, 2018
  2. tomorton

    tomorton

    In December 2010, Nine_Ender was right about 3 things -

    1. the market was bullish
    2. this could last until late 2012
    3. only dumb money would be playing against the trend


    1 - yes, though any kid with a chart could see that
    2 - yes, though the market had been strongly bullish already for 21 months by his first post so a projection of another 23 months wouldn't be outlandish
    3 - totally
     
    #82     Jan 23, 2018
    murray t turtle likes this.
  3. %%
    Most funds are long @ least stock mutual funds;
    + dont know who is doing all the selling in GE,LOL.I look for polar bear patterns + elephant herd tracks, so to speak. And aim to never get between a Mom polar bear + her 3 cubs=a real killer pattern:caution::cool:
     
    #83     Jan 25, 2018