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Chris Scoreboard Johnston
ParticipantFelix I tip my cap to you, but you have not been in here long enough to know that any marginally postive comments will be pummelled. Your view on this is from someone with investment experience. Thanks for the added balance, and best of luck with the attacks that will be launched at you. If it is of any value, I share your view.
I would wager that most people in here will be left holding the bag just like is always the case when bottoms are made. If it was obvious to everyone, it would not happen by definition.
I have stated that I think we are much closer to the lows than the highs, but of course I am a moron for thinking such dribble.
Chris Scoreboard Johnston
ParticipantFelix I tip my cap to you, but you have not been in here long enough to know that any marginally postive comments will be pummelled. Your view on this is from someone with investment experience. Thanks for the added balance, and best of luck with the attacks that will be launched at you. If it is of any value, I share your view.
I would wager that most people in here will be left holding the bag just like is always the case when bottoms are made. If it was obvious to everyone, it would not happen by definition.
I have stated that I think we are much closer to the lows than the highs, but of course I am a moron for thinking such dribble.
Chris Scoreboard Johnston
ParticipantFelix I tip my cap to you, but you have not been in here long enough to know that any marginally postive comments will be pummelled. Your view on this is from someone with investment experience. Thanks for the added balance, and best of luck with the attacks that will be launched at you. If it is of any value, I share your view.
I would wager that most people in here will be left holding the bag just like is always the case when bottoms are made. If it was obvious to everyone, it would not happen by definition.
I have stated that I think we are much closer to the lows than the highs, but of course I am a moron for thinking such dribble.
Chris Scoreboard Johnston
ParticipantFelix I tip my cap to you, but you have not been in here long enough to know that any marginally postive comments will be pummelled. Your view on this is from someone with investment experience. Thanks for the added balance, and best of luck with the attacks that will be launched at you. If it is of any value, I share your view.
I would wager that most people in here will be left holding the bag just like is always the case when bottoms are made. If it was obvious to everyone, it would not happen by definition.
I have stated that I think we are much closer to the lows than the highs, but of course I am a moron for thinking such dribble.
Chris Scoreboard Johnston
ParticipantIn my newsletter release at the beg of Feb for January, I stated to look for a large upmove in Oil due to the commercials shifting to a heavy long position right at the ideal time for a seasonal low.
The tendency for a rally in Crude starting in Feb is one of the strongest and most consistent seasonal patterns that exists. When you couple that with the real pros the commercials being heavily long, you had about as good a setup for a rally as you are ever going to get.
If oil at a 100 is a surprise, you just need to learn what really moves markets, and it is not emotional opinions. Many here are heavily focused on fundamentals in RE, so why not be similarly focused on fundamentals in other asset classes?
Chris Scoreboard Johnston
ParticipantIn my newsletter release at the beg of Feb for January, I stated to look for a large upmove in Oil due to the commercials shifting to a heavy long position right at the ideal time for a seasonal low.
The tendency for a rally in Crude starting in Feb is one of the strongest and most consistent seasonal patterns that exists. When you couple that with the real pros the commercials being heavily long, you had about as good a setup for a rally as you are ever going to get.
If oil at a 100 is a surprise, you just need to learn what really moves markets, and it is not emotional opinions. Many here are heavily focused on fundamentals in RE, so why not be similarly focused on fundamentals in other asset classes?
Chris Scoreboard Johnston
ParticipantIn my newsletter release at the beg of Feb for January, I stated to look for a large upmove in Oil due to the commercials shifting to a heavy long position right at the ideal time for a seasonal low.
The tendency for a rally in Crude starting in Feb is one of the strongest and most consistent seasonal patterns that exists. When you couple that with the real pros the commercials being heavily long, you had about as good a setup for a rally as you are ever going to get.
If oil at a 100 is a surprise, you just need to learn what really moves markets, and it is not emotional opinions. Many here are heavily focused on fundamentals in RE, so why not be similarly focused on fundamentals in other asset classes?
Chris Scoreboard Johnston
ParticipantIn my newsletter release at the beg of Feb for January, I stated to look for a large upmove in Oil due to the commercials shifting to a heavy long position right at the ideal time for a seasonal low.
The tendency for a rally in Crude starting in Feb is one of the strongest and most consistent seasonal patterns that exists. When you couple that with the real pros the commercials being heavily long, you had about as good a setup for a rally as you are ever going to get.
If oil at a 100 is a surprise, you just need to learn what really moves markets, and it is not emotional opinions. Many here are heavily focused on fundamentals in RE, so why not be similarly focused on fundamentals in other asset classes?
Chris Scoreboard Johnston
ParticipantIn my newsletter release at the beg of Feb for January, I stated to look for a large upmove in Oil due to the commercials shifting to a heavy long position right at the ideal time for a seasonal low.
The tendency for a rally in Crude starting in Feb is one of the strongest and most consistent seasonal patterns that exists. When you couple that with the real pros the commercials being heavily long, you had about as good a setup for a rally as you are ever going to get.
If oil at a 100 is a surprise, you just need to learn what really moves markets, and it is not emotional opinions. Many here are heavily focused on fundamentals in RE, so why not be similarly focused on fundamentals in other asset classes?
February 23, 2008 at 4:17 PM in reply to: DOW rockets in the final hours. Are Boom times back? #158472Chris Scoreboard Johnston
ParticipantNo worries Josh, the big difference between my approach and most in here, is that mine is devoid of emotion and opinions. My comments are based on what has happened historically during election years, and declining interest rate environments. If everyone thought a big rally was imminent, it would not happen. I was pummelled in here 2 years ago for calling the big rally and guess what, it happened.
It is always possible that this year will be an exception, but the adage is something like the following. The favorite may not always win, but when betting that is the way to bet. I will bet on the 80% probability vs the 20% every time, and be willing to lose on those 2 out of ten occurences.
Dave, one of the things about trading systems is that they typically have their runs, and then lose their effectiveness to some degree. When to pull the plug on them is always the hardest decision. I am constantly adapting them to current environments, and at a much faster pace than previously. The world changes more quickly than it used to nowadays.
I just try and provide a differing view in here, generally call my shots in advance, and have not been wrong much in terms of market direction. However, I use stops and do have losing trades, so this upcoming long trade may be one of them, but I will do it. I am hoping for one more dip to make a lower low for the year, then I will go in. If the new low does not occur, I will still go long in March sometime most likely.
For those who do not believe in the concept of the PPT, you just saw it live, via a leaked story to a reporter. They do exist, I learned it from someone who is now in his late sixties and used to recieve some of the phone calls when he ran a big institutional fund. There is market manipulation everywhere, sometimes it is easier to see than others. We were about to break down out of a widely watched technical pattern on a Friday, and some of the largest down days in history have happened on Mondays, the insiders did not want that so they leaked that story to trigger some futures buy programs, which are always vulnerable to being triggered during the last hour of trading due to how they operate. This is how the game works, once you know that it is much easier to see it coming.
February 23, 2008 at 4:17 PM in reply to: DOW rockets in the final hours. Are Boom times back? #158764Chris Scoreboard Johnston
ParticipantNo worries Josh, the big difference between my approach and most in here, is that mine is devoid of emotion and opinions. My comments are based on what has happened historically during election years, and declining interest rate environments. If everyone thought a big rally was imminent, it would not happen. I was pummelled in here 2 years ago for calling the big rally and guess what, it happened.
It is always possible that this year will be an exception, but the adage is something like the following. The favorite may not always win, but when betting that is the way to bet. I will bet on the 80% probability vs the 20% every time, and be willing to lose on those 2 out of ten occurences.
Dave, one of the things about trading systems is that they typically have their runs, and then lose their effectiveness to some degree. When to pull the plug on them is always the hardest decision. I am constantly adapting them to current environments, and at a much faster pace than previously. The world changes more quickly than it used to nowadays.
I just try and provide a differing view in here, generally call my shots in advance, and have not been wrong much in terms of market direction. However, I use stops and do have losing trades, so this upcoming long trade may be one of them, but I will do it. I am hoping for one more dip to make a lower low for the year, then I will go in. If the new low does not occur, I will still go long in March sometime most likely.
For those who do not believe in the concept of the PPT, you just saw it live, via a leaked story to a reporter. They do exist, I learned it from someone who is now in his late sixties and used to recieve some of the phone calls when he ran a big institutional fund. There is market manipulation everywhere, sometimes it is easier to see than others. We were about to break down out of a widely watched technical pattern on a Friday, and some of the largest down days in history have happened on Mondays, the insiders did not want that so they leaked that story to trigger some futures buy programs, which are always vulnerable to being triggered during the last hour of trading due to how they operate. This is how the game works, once you know that it is much easier to see it coming.
February 23, 2008 at 4:17 PM in reply to: DOW rockets in the final hours. Are Boom times back? #158775Chris Scoreboard Johnston
ParticipantNo worries Josh, the big difference between my approach and most in here, is that mine is devoid of emotion and opinions. My comments are based on what has happened historically during election years, and declining interest rate environments. If everyone thought a big rally was imminent, it would not happen. I was pummelled in here 2 years ago for calling the big rally and guess what, it happened.
It is always possible that this year will be an exception, but the adage is something like the following. The favorite may not always win, but when betting that is the way to bet. I will bet on the 80% probability vs the 20% every time, and be willing to lose on those 2 out of ten occurences.
Dave, one of the things about trading systems is that they typically have their runs, and then lose their effectiveness to some degree. When to pull the plug on them is always the hardest decision. I am constantly adapting them to current environments, and at a much faster pace than previously. The world changes more quickly than it used to nowadays.
I just try and provide a differing view in here, generally call my shots in advance, and have not been wrong much in terms of market direction. However, I use stops and do have losing trades, so this upcoming long trade may be one of them, but I will do it. I am hoping for one more dip to make a lower low for the year, then I will go in. If the new low does not occur, I will still go long in March sometime most likely.
For those who do not believe in the concept of the PPT, you just saw it live, via a leaked story to a reporter. They do exist, I learned it from someone who is now in his late sixties and used to recieve some of the phone calls when he ran a big institutional fund. There is market manipulation everywhere, sometimes it is easier to see than others. We were about to break down out of a widely watched technical pattern on a Friday, and some of the largest down days in history have happened on Mondays, the insiders did not want that so they leaked that story to trigger some futures buy programs, which are always vulnerable to being triggered during the last hour of trading due to how they operate. This is how the game works, once you know that it is much easier to see it coming.
February 23, 2008 at 4:17 PM in reply to: DOW rockets in the final hours. Are Boom times back? #158783Chris Scoreboard Johnston
ParticipantNo worries Josh, the big difference between my approach and most in here, is that mine is devoid of emotion and opinions. My comments are based on what has happened historically during election years, and declining interest rate environments. If everyone thought a big rally was imminent, it would not happen. I was pummelled in here 2 years ago for calling the big rally and guess what, it happened.
It is always possible that this year will be an exception, but the adage is something like the following. The favorite may not always win, but when betting that is the way to bet. I will bet on the 80% probability vs the 20% every time, and be willing to lose on those 2 out of ten occurences.
Dave, one of the things about trading systems is that they typically have their runs, and then lose their effectiveness to some degree. When to pull the plug on them is always the hardest decision. I am constantly adapting them to current environments, and at a much faster pace than previously. The world changes more quickly than it used to nowadays.
I just try and provide a differing view in here, generally call my shots in advance, and have not been wrong much in terms of market direction. However, I use stops and do have losing trades, so this upcoming long trade may be one of them, but I will do it. I am hoping for one more dip to make a lower low for the year, then I will go in. If the new low does not occur, I will still go long in March sometime most likely.
For those who do not believe in the concept of the PPT, you just saw it live, via a leaked story to a reporter. They do exist, I learned it from someone who is now in his late sixties and used to recieve some of the phone calls when he ran a big institutional fund. There is market manipulation everywhere, sometimes it is easier to see than others. We were about to break down out of a widely watched technical pattern on a Friday, and some of the largest down days in history have happened on Mondays, the insiders did not want that so they leaked that story to trigger some futures buy programs, which are always vulnerable to being triggered during the last hour of trading due to how they operate. This is how the game works, once you know that it is much easier to see it coming.
February 23, 2008 at 4:17 PM in reply to: DOW rockets in the final hours. Are Boom times back? #158856Chris Scoreboard Johnston
ParticipantNo worries Josh, the big difference between my approach and most in here, is that mine is devoid of emotion and opinions. My comments are based on what has happened historically during election years, and declining interest rate environments. If everyone thought a big rally was imminent, it would not happen. I was pummelled in here 2 years ago for calling the big rally and guess what, it happened.
It is always possible that this year will be an exception, but the adage is something like the following. The favorite may not always win, but when betting that is the way to bet. I will bet on the 80% probability vs the 20% every time, and be willing to lose on those 2 out of ten occurences.
Dave, one of the things about trading systems is that they typically have their runs, and then lose their effectiveness to some degree. When to pull the plug on them is always the hardest decision. I am constantly adapting them to current environments, and at a much faster pace than previously. The world changes more quickly than it used to nowadays.
I just try and provide a differing view in here, generally call my shots in advance, and have not been wrong much in terms of market direction. However, I use stops and do have losing trades, so this upcoming long trade may be one of them, but I will do it. I am hoping for one more dip to make a lower low for the year, then I will go in. If the new low does not occur, I will still go long in March sometime most likely.
For those who do not believe in the concept of the PPT, you just saw it live, via a leaked story to a reporter. They do exist, I learned it from someone who is now in his late sixties and used to recieve some of the phone calls when he ran a big institutional fund. There is market manipulation everywhere, sometimes it is easier to see than others. We were about to break down out of a widely watched technical pattern on a Friday, and some of the largest down days in history have happened on Mondays, the insiders did not want that so they leaked that story to trigger some futures buy programs, which are always vulnerable to being triggered during the last hour of trading due to how they operate. This is how the game works, once you know that it is much easier to see it coming.
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