Why Is The Obvious Not So Obvious?

Discussion in 'Risk Management' started by nysestocks, Jan 25, 2009.

  1. RainMann

    RainMann

    Ahhhh.....
     
    #691     Apr 17, 2009
  2. RainMann

    RainMann

    I need to know when an announcement is going to occur. I scalp during the day and I don't want a 3" tall bar skewering my stops when the "Housing Starts" go bad.
     
    #692     Apr 17, 2009
  3. nysestocks

    nysestocks Guest

    Beauty is in the eye of the beholder:D
     
    #693     Apr 17, 2009
  4. Redneck

    Redneck

    No question - knowing when certain announcements will occur is important

    But forming any opinion of how the market will react to said announcement(s) is dangerous - IMHO of course because I don't know a damn thing:)

    eta - truth be known I don't really believe the market reacts to anything (except possibly major events) - It, for the most part, just does what is necessary to make "most" lose

    I do believe "they" make up stories (attach a good news story, or bad news story) to make "most" believe the market did what it did - on any given day - for that particular reason (news event)
     
    #694     Apr 17, 2009
  5. nysestocks

    nysestocks Guest

    Brilliant site :) It is class_ic:D

    http://www.mindspring.com/~mfpatton/1.htm

    "Well, I am certainly wiser than this man. It is only too likely that neither of us has any knowledge to boast of, but he thinks that he knows something which he does not know, whereas I am quite conscious of my ignorance. At any rate it seems that I am wiser than he is to this small extent, that I do not think that I know what I do not know."

    "Well then, now that that is settled. What would you like to discuss?"


    We live and learn each and every day:D
     
    #695     Apr 17, 2009
  6. nysestocks

    nysestocks Guest

    One "famous" trader has written the following;

    "NRB's are always followed by WRB's"

    but, he is of course, not stating the "obvious":D
     
    #696     Apr 17, 2009
  7. nysestocks

    nysestocks Guest

    I have to hand it to you RM, you are trying hard to get the "worm" out of his "wiggle hole":D

    Persistence is a very good attribute to have - this should help the 1 out of 6!
     
    #697     Apr 17, 2009
  8. nysestocks

    nysestocks Guest

    Lets us check in on ANF and see what no control can bring in the way of LO!

    No action can be a two edge sword!
     
    #698     Apr 17, 2009
  9. nysestocks

    nysestocks Guest

    23.86+0.46 / +1.97% Apr 17

    Let's see then what happens next?

    21.28

    21.40

    22.22

    22.43

    22.77

    23.13

    24.57

    24.79

    24.97

    25.96

    27.26
     
    #699     Apr 17, 2009
  10. RainMann

    RainMann

    Well anyway, that's what I see. Also, I see a nice bounce at twice the morning range.
     
    #700     Apr 17, 2009