"The market can remain irrational longer than you can remain liquid"

Did that come up as 4 images? I was afraid of that. That wasn't intentional. My browser acted it like it didn't want to upload the images, I tried 3X and then finally just pasted a sceengrab.
My bad if you see 4 images. I see just one image with the 3 (IMG)'s as below:

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If market moves in an organized fashion in a constricted price range we scalp it using tight stops with an automated order algorithm.

 

Told ya'll so.

 

lol the market rallies 6% today and this call is STILL UNDERWATER. HTF do you do it, vanzandt?

 

Which call? Must've missed it

 

Somebody better poke that bear.

 

Markets have always moved from extreme optimism to extreme pessimism. Those are somehow normal cycles in almost every country with open economy. What I see today is more related to short term market correction moved by news on FED rate decision, rather than some sort of market pessimism

 

You buy value.
Anything with a PE north of 50 is coming down.
In 2008, it was brutal. Some high flyers took 50% haircuts...... That era's equivalent of faang. But low PE companies that had tangible future growth like MCD, ROST, Amgen, Panera... they were up for the year.
Trade what you see. But lets not tell our not so sanguine friends and family the sky is falling and they need to be all cash or buying gold for Christsake.... because America is just fine. Look around. "Feel the economy".
(queue Lee Greenwood)[/QUOTE]
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Carl Ichan + Jim Rogers have done well with value stocks;
most do not.Good points , Vanzandt,on MCD........................................................

But the most common pattern i see in the markets, is a low PE goes lower; sure there are some exceptions like MCD....
QQQ sure went down more,than AMGN ,in 3 year bear of 2000. QQQ/tech almost always has a higher PE; grows more. But i see more fake news in WSJ, pretending a low PE is a buy LOL. Or WSJ pretending 30 old companies should be a buy 'cause of low PE.And PE were @record highs @ early 2009.........

Did make money off a low PE trade, but only because i tried to find something wrong with it + never could find something wrong with it.LOL . Carl Ichan/value has the unusual/strange habit of announcing his buys with plenty of uptrend left in them+ he has done that well for decades. NOT a prediction

 

He wants to leave something for us small retail traders.