StockFetcher Forums · General Discussion · Kevin? Still here?<< >>Post Follow-up
karennma
6,825 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
11,289 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
6,825 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
6,825 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
11,289 posts
msg #89687
Ignore johnpaulca
3/16/2010 10:46:55 AM

Doing nothing is also a position. I am trading gold today.

karennma
6,825 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
6,825 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.

StockFetcher Forums · General Discussion · Kevin? Still here?<< >>Post Follow-up

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