I take your point, TJ. Maybe I have a somewhat better excuse in that I am a paying sponsor. But you do have a point.
.................................... another dumb ass call. spooze new high. the GS is short at 1295.00 riding without a stop. no pain, no gain. s
Beau, are you starting to see what I was talking about back in December? The USA and the powers that be are going to do everything to continue to prop things up. Fed announced that they will be keeping interest rates low until 2014. This is very inflationary. Gold is up. Euro is up. USD is down. This will continue. It also means that the US markets are more likely to go up than down.
Wow GS your cycles turning points are inverting at every signal. It's like the perfect contrary indicator!
now yur thinkin'. how do we get past history on all the GS calls. is there a website. ............................................................. i used to know a futures broker who called the market wrong. i got long beans, meal , corn and wheat in feb 1988 and unloaded then all in august. price moved above a 10 year trend line on beans. entry signal i bought for 2 months on the rise. it turned out to be a drought / dust bowl summer this clown kept shorting all the way up, blew all his clients out then he bought calls. i unloaded, once i heard this news..... the rains came 3 days later and the entire market puked out. limit down for 4 days he quit in september. he was a damn fine indicator. s
Important information regarding obsessive stalker 'Nine_Ender' http://www.elitetrader.com/vb/showthread.php?s=&postid=3420767#post3420767
Apple pulling down $38 billion per quarter is why the market's up, and earnings annualized last year amount to 17% yoy. It has nothing to do with "powers that be" because "powers that be" only prop up debt markets and certain financial institutions and unionized, lobbyist rescued auto manufacturers that have went into bankruptcy more than once. Beyond that they have no bearing on anything but interest rates which have turned negative in real terms. There's still nobody with strategies like mine, and it has been a really long time since I saw any other strategies I'd want to use besides pairs trading arbitrage, price physics trend following, and statistical arbitrage, with backtests on futures from $30,000 to $3.8 million and that's worth devoting 2 years of no pay to get.