1997-2002 also had some good ranges and volatility, and half that period was a raging bull market...so it's not always about bull vs. bear. The 2004-2007 period, like 1992-1994, was a very weak, low-volatility sideways bull. However, expansion AND contraction are here to stay. This market will eventually calm down. If you can only make money in this kind of market, better have other plans when another "Spring of '03" comes and takes the volatility away.
Lol I guess the THOUSANDS in layoffs that are being reported, is imaginary like everything else that's been going on? I guess employment reports aren't regarded as fundamentals. Even though working is how you earn money, which is used for consumption. I guess people really aren't seeing their 401k;s with massive losses, and are starting to reign in spending. Silly me. I guess I'm the one with the mental illness. I guess they photo chopped lines of homes in CA and put foreclosure signs in front of them right? Those homes really aren't being foreclosed upon, it's imaginary.
Exactly. He intentionally posts ridiculous things just to get a response. He knows that what he posts is absurd, but he also knows that people will take him seriously, and that is his game. Whenever someone responds to him, he wins.
The news is real. There are foreclosures. 401Ks have fallen YOY, But you have to put it inperspective. Once you've done so you'll see that none of this is a big deal and way overblown.
No, you're a long time idiot. You're out of touch and over the hill. Hedge funds and institutions operating millions or billions are not you and not ET members. The proposition is the trading individual who brings some capital or substantial trading gains as capital to utilize markets. This means taking as much as possible from the daily market (eg YM,CL,ES). Gambling is something I don't do. If a professional player, you take your signals from your professional methodologies; its the same for very fast or slower moves. Just ride it accurately each time.
IMHO, the easiest way to handle this or any market, for that matter, is to go with the flow and cover both sides of the trade at the appropriate time in order to manage risk. If trading options, buy ITM but far enough out time-wise so that if the trade goes against you there is enough time for a turnaround without taking a loss. When the market sells take profit off puts, buy more calls (and vice versa), then build into a position for the future when the market puts in a sustained rally. It is not for me to "guess" which way the market will go! My job is to follow the charts and extract money when the opportunity presents itself!
you sound like American and you sure don't sound like a girl. Genre: Informal Female = 187 Male = 377 Difference = 190; 66.84% Verdict: MALE
No, I am 100% female, but think like a man when it comes to trading! Ha, ha, ha.... Meaning, that I have learned to keep emotions out of trading as much as possible. Born in America of French parents and lived in Europe 15 years.
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