karennma
8,057 posts
msg #89679
- Ignore karennma |
3/16/2010 9:41:46 AM
Any ideas as to Y market is not pulling back?
Filters say the opposite of what market is doing.
:>(
(of course, whenever I get to this point ... it happens!)
|
johnpaulca
12,036 posts
msg #89683
- Ignore johnpaulca |
3/16/2010 10:08:58 AM
The mass is betting on a pullback this is why the market will continue to chug forward.... the mass is always wrong.
|
karennma
8,057 posts
msg #89685
- Ignore karennma |
3/16/2010 10:38:28 AM
JP:
That's EXACTLY what this guy says ... MAX PAIN = MAX LOSS = the market will do the opposite of what the masses expect.
http://leavittbrothers.com/blog/?p=2808
|
karennma
8,057 posts
msg #89686
- Ignore karennma
modified |
3/16/2010 10:39:15 AM
man!
this market has me baffled.
I'm so tempted to buy something ...
something I DON'T want to get STUCK with during a correction.
:>(
edit:
I remember the days when I'd recklessly "buy" just to not "miss" any action.
Now, I've FINALLY got DISCIPLINE.
I'll just sit here and watch the action.
I'll miss what I miss.
Oh well ..
SPXU rsi(2) = 0
That's "warning" enuf for me.
|
johnpaulca
12,036 posts
msg #89687
- Ignore johnpaulca |
3/16/2010 10:46:55 AM
Doing nothing is also a position. I am trading gold today.
|
karennma
8,057 posts
msg #89688
- Ignore karennma |
3/16/2010 10:49:37 AM
THANK YOU, JP.
Good reinforcement for the newbies AND oldtimers ....
"Doing nothing IS a position."
(you get to KEEP your cash)
$$$
:>)
|
petrolpeter
439 posts
msg #89691
- Ignore petrolpeter |
3/16/2010 11:37:57 AM
Seems like their playing it cool when that financial reg stuff is going on.If there's a 300 - 400 pt. slide powered by shorts in front of Dodd and the boys they might say need it now 'told ya so'.
|
karennma
8,057 posts
msg #89708
- Ignore karennma |
3/16/2010 3:01:26 PM
record low rsi(2) on short ETFs.
SPXU = 0
SH = 0
DXD = 0
SDS = 1
BGZ = 1.4
|
petrolpeter
439 posts
msg #89712
- Ignore petrolpeter |
3/16/2010 4:26:41 PM
Look at DRV.
|