When you say keep profits in stocks do you mean holding your short ETFs or holding short positions in stock?
Or do you mean buying stock and sell the principle but keep the profit?
It would seem to me this would only work in an uptrend market. The action is so choppy I am playing the bench but interested in feasible strategies. Cheers keep up your game!
Well so, far, down a fair bit. SO that is that. But as I was saying, I like when markets stretch out, makes the fall that much more profitable. I am far from finished with this wave. And again, I am going to use any(if) profits to keep stock.
I’m certainly not looking the other way… I see a sell off starting tomorrow too. Glad to know that Arthur is still bearish. I’m looking forward to meeting him.
Well, I also think we’ll sell off to make an “inverse head and shoulders” pattern, and then top out by opx. After that, as I’ve said repeatedly, the market to collapse again. I haven’t heard anything about any false flags, but we’ll know after the fact I’m sure.
I am up, thanks to Arthur, not myself, as I lost faith in the first errant 10points aberration in Arthurs existence initially. But he helped me through
But again, being bearish, I am going to keep trading ETF’s and KEEPING my profits in stock. If anyone out there believes as I do, that we are going south, then I would entreaty them to consider that strategy. Because for a crash to happen, most of the time, everyone has GOT to be looking the other way.
Ron Walker’s video was a good one today, and the inverse head & shoulders he shows is I think the most likely outcome. He also thinks that we could still have a larger wave 3 down. The only thing that gives me pause about the beginning of a larger wave 3 is the fact that the August and October lows went low-high-low in almost perfect price/time ratio, which would more support the inverse head and shoulders.
Regardless, we’ll have a retracement and I still think the “real lows” will be made in late 2012.
Also due for an artificial disaster, it seems like. Heard anything Red?
Surfing on Marriotts wan… They Block your sire and says it has a virus!
When you say keep profits in stocks do you mean holding your short ETFs or holding short positions in stock?
Or do you mean buying stock and sell the principle but keep the profit?
It would seem to me this would only work in an uptrend market. The action is so choppy I am playing the bench but interested in feasible strategies. Cheers keep up your game!
ES Trend update: http://niftychartsandpatterns.blogspot.com/2011/10/es-trend-update.html
Well so, far, down a fair bit. SO that is that. But as I was saying, I like when markets stretch out, makes the fall that much more profitable. I am far from finished with this wave. And again, I am going to use any(if) profits to keep stock.
I’m certainly not looking the other way… I see a sell off starting tomorrow too. Glad to know that Arthur is still bearish. I’m looking forward to meeting him.
Well, I also think we’ll sell off to make an “inverse head and shoulders” pattern, and then top out by opx. After that, as I’ve said repeatedly, the market to collapse again. I haven’t heard anything about any false flags, but we’ll know after the fact I’m sure.
you talking about art cashin. met him once. he was drowning icecubes 😀
Unless this is the world’s best head fake, I think it’ll be a small retracement also.
I am up, thanks to Arthur, not myself, as I lost faith in the first errant 10points aberration in Arthurs existence initially. But he helped me through
But again, being bearish, I am going to keep trading ETF’s and KEEPING my profits in stock. If anyone out there believes as I do, that we are going south, then I would entreaty them to consider that strategy. Because for a crash to happen, most of the time, everyone has GOT to be looking the other way.
Ron Walker’s video was a good one today, and the inverse head & shoulders he shows is I think the most likely outcome. He also thinks that we could still have a larger wave 3 down. The only thing that gives me pause about the beginning of a larger wave 3 is the fact that the August and October lows went low-high-low in almost perfect price/time ratio, which would more support the inverse head and shoulders.
Regardless, we’ll have a retracement and I still think the “real lows” will be made in late 2012.
Also due for an artificial disaster, it seems like. Heard anything Red?