This is EliteTrader ...not eliteinvestor or elitemutualfund ...being kind of aggressive and/or smart and bold and tactical...kind of goes without say I personally like to think I have a pretty good grasp on how the DOW/SPY/SPX chart will move/behave for the day ahead -- prior to the market opening bell, If you were to ask me for a prediction two days, or a week, or a month, or year out...I would just say flip a coin. The whole dynamic then changes into much, much higher ambiguity.
As well delusions of thinking he knows how to trade, MarketSmurf also has delusions of grandeur: https://en.wikipedia.org/wiki/Royal_we
By the way anyone noticed the similarities between Trump and Surf? 1. They are fascinated by viewership numbers. Not the P/L, but how may people are watching is the most important thing. 2. Anyone who gave a positive feedback is automatically sophisticated. (or any admiring adjective) 3. Criticism is strongly discouraged and mistakes are never acknowledged. 4. Neither can do their job correctly. 5. Strong desire for self expression (watches, Disney), even if it is off topic. 6. If good feedback is lacking, fake aliases are providing such. 7. They can't write eloquently, Surf screwed up even the title of his book. 8. They seldom make a logical argument. etc.etc.
SURF ALERT SURF ALERT SURF ALERT Surfers and Surfettes, SURF ALERT!! Our system has turned MAX BEARISH MAX BEARISH in the DJIA-- we are going ALL IN at 20787 for a total of 8 units short. We have not seen this level of short-term bearishness since 2015. It's time to commit...... SHORT THE DJIA NOW! surf