Quote from Reardon Metal: My God, I am such an envious little loser! Successful people truly bother me, as they continuously highlight my own failures by contrast. While I could attempt to work my way up to thorn's level, I'd rather just take pathetic pot shots at him, even though doing so will probably further discourage him from sharing his valuable market insights with wretched pikers like myself. You'd be best off ignoring me, as I obviously have absolutely nothing to contribute to these boards. _______________________________ Stop putting words in my mouth Rearden Metal, since you made up this false statement, let's see how the shoe fits on you. How about focusing on the dispute between bulls & bears rather than an occasional disagreement between ET members.
rm and thorn are in the same league allright, one attempts to call a bottom on oil at 63 and the other attempts to call tops on the S&P in a bull market every 20 points since 1180. You guys are a match made in heaven.
hey remember me..... i have been saying the DOW will keep going higher .... and its been doing just that. I usually dont make calls but, when i come out here and make my calls public am rarely wrong. All dips buyable! So has lilduckling spoken, so it shall be done. (Disclaimer: .... I am not day trading and am holding positions for long time frame.)
Mkt is in clear uptrend and yet people are getting ready to sell? Why? Buy the dips after a few down days..... thats how you make $ .... trying to sell just because price is at a peak and may... may... look to reverse is not the proper way to make $$ in this mkt. Do that when we are in a down trend. I learned a while back that trying to play this mkt in the fashion of spy vs spy tactics and loading up on indicators and services does not work in the long run. Keep it simple and listen to what the mkt is telling you. For over 20 days now i have been constantly calling this mkt to continue its rise.... its not that hard if you listen to what the mkt is telling you. The more people that start to brace themselves for a down trend, the more the mkt will move higher. This rally is over when your relatives begin to call you about investing in the stock market.... until then, just relax, and enjoy the $$$ coming in to your account. Let the bull inter you. $$$$$
how do you factor in a 1.5% 2-10 inversion into your buy decision. one method is to press the "ignore 1000" button and start a new thread
Lilduckling, just to make sure my record is clear: http://www.elitetrader.com/vb/showt...6032&perpage=6&highlight=october&pagenumber=9