Most bears, who don’t hedge well, have long lost all thier money by now and we still grind higher By the time they actually win, the reward will likely be mch smaller then what they have lost
That’s why I don’t stress shorts as much anymore. It’s not worth it. Bull runs are much slowe, and last much longer. Making them A lot more cinsistently profitable
Market crash canceled. Main Stream Media is putting out stories about the 1929 crash and chart comparisons, and since they always mis-lead the sheep in the wrong direction we have to now start looking for bullish setups.
So any down moves will be done to work off overbought short term charts and we should then resume the up move. Truly said how well they can manipulate the charts (and the sheep), but unless we have changed some how and the truth is now allowed in the main stream media I’ll have to continue to assume that every story is still put out to mis-direct us.
Most consistently accurate guy I follow. Insanley accurate. 1 wrong since my follow awhile back
Ford Weekend update: http://niftychartsandpatterns.blogspot.in/2014/02/ford-motors-weekend-update.html
BofAML’s top technician: I was wrong—buy stocks! http://www.cnbc.com/id/101418499
LOL… they were saying just the opposite last week when it looked like the world was ending!
SILVER Range breakout: http://niftychartsandpatterns.blogspot.in/2014/02/silver-range-breakout-and-target-levels.html
ES update: http://niftychartsandpatterns.blogspot.in/2014/02/es-chart-analysis.html
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Most bears, who don’t hedge well, have long lost all thier money by now and we still grind higher By the time they actually win, the reward will likely be mch smaller then what they have lost
That’s why I don’t stress shorts as much anymore. It’s not worth it. Bull runs are much slowe, and last much longer. Making them A lot more cinsistently profitable
Market crash canceled. Main Stream Media is putting out stories about the 1929 crash and chart comparisons, and since they always mis-lead the sheep in the wrong direction we have to now start looking for bullish setups.
http://www.marketwatch.com/story/scary-1929-market-chart-gains-traction-2014-02-11
So any down moves will be done to work off overbought short term charts and we should then resume the up move. Truly said how well they can manipulate the charts (and the sheep), but unless we have changed some how and the truth is now allowed in the main stream media I’ll have to continue to assume that every story is still put out to mis-direct us.