Surf's Special Situation Journal

Price drivers predicted today's melt-up with low vol.

Tomorrow the driver will be even larger, as Uncle Ben opens the spigot to $4.75 - 5.75b of bidz

 

Ouch! The longest rally since 1996, i think. Any TA folks have any data on this? thanks!

I was punished going against my own original SUPER BULL call back in late December----Bentley and etc would have been realities had i stuck with the original idea and not tried to time the dips....

 

Oh yeah, from NYE in 2012-----

 

this was from another thread, bears are gonna start jumping out of windows pretty soon.

http://www.davemanuel.com/2011/02/0...n-the-history-of-the-djia-nasdaq-and-s-p-500/

 

Trading on margin, there, Taliz, by any chance? Set it to buy SDS and SSO or UPRO and SPXU and let me know what it does.

 

Thanks for posting that. Interesting link----

surf

 

I asked you about this before. You said the market rallying 1000 pts was "fait accompli to which I asked "if you are so bullish, why not just hold the position?" You essentially brushed this off and said this isn't how the PD's worked, that you would play the gyrations.

Now you are playing the hindsight game. It's like you MUST be right somehow, if not in trading then at least in the original idea.

 

I fight my demons when it comes to trading--- i have an issue with fading myself and wanting to be counter trend. It's a challenge every day, I vs I. It has nothing to do with being right, but I believe it does have something to do with a self destructive sliver of my personality. Sometimes when I find myself successful, I want to burn it down.

surf

 

We all have demons, thanks for your honest response.

 

" Win or lose, everybody gets what they want out of the market. Some people seem to like to lose, so they win by losing money...."

" Fundamentalists and anticipators may have difficulties with risk control because a trade keeps looking ‘better’ the more it goes against them...."

Ed Seykota