No… I knew that. I was saying “thank you” for posting that. Many others think I'm too negative on my posts sometimes. I just tell it like it is… and it's really bad out there right now.
That certainly wasn't a jab at you Red. I get that you are a fundamentally upbeat person. I am merely stating the obvious that money can be made in a bear market and like you said things are looking up(or down, hopefully) for the bears.
Just meant to say, that though it is engineered by the puppeteers, maybe the shock will be healthy and reorient people's responsibility meters…
I'm actually a very positive and upbeat person. I've just been caught up in this depression crap, and seen too much negative information… hence the reason I write about it so much.
The good news is, I don't think the world will end in 2012 as many may believe. In fact, I think the Illuminati enslavement of mankind will end, and the sheep will finally be free.
But, I usually make posts on those subjects when the market is slow, and I don't have anything else to write about. Here lately though, it's finally starting to get exciting, as another move down is coming next week… after we go up to 1070 for the gap fill and backtest.
Doesn't look like there is going to be any dip to go long today, so you might want to stand aside. I personally don't want to ever chase a tape. However, it could pull back and fill the morning gap, and then run higher the rest of the day.
You know, Red makes comments sometimes about feeling too negative but I think we should view this whole recession(depression actually) from the standpoint that pruning is necessary. It is unfortunate that it is at the expense, money, and stress of so many of the “little guys” but that is what happens when people, no matter what economic level, don't stick to basic fundamental principals of money management. I.E. over spending, use of “bad” debt etc etc People need to trim the fat, remember what made us a great nation, (deferred gratification, hard work, etc) and get to it. That is, if we haven't passed the point of no return, collectively as a society. Japan and Germany were at rock bottom though and look at them now. Not perfect, but waaaaay better than they were post war.
No… I knew that. I was saying “thank you” for posting that. Many others think I'm too negative on my posts sometimes. I just tell it like it is… and it's really bad out there right now.
So far very interesting. Got out of spxu and vxx at open but of course now having second thoughts.
I see a bounce to 1050-1060 but maybe the markets are just too scared now..
Will sit aside w/ mostly cash today i guess. Still have drv tza with such low base i will ride.
That certainly wasn't a jab at you Red. I get that you are a fundamentally upbeat person. I am merely stating the obvious that money can be made in a bear market and like you said things are looking up(or down, hopefully) for the bears.
Just meant to say, that though it is engineered by the puppeteers, maybe the shock will be healthy and reorient people's responsibility meters…
gap closed
Well thanks Dumbocracy…
I'm actually a very positive and upbeat person. I've just been caught up in this depression crap, and seen too much negative information… hence the reason I write about it so much.
The good news is, I don't think the world will end in 2012 as many may believe. In fact, I think the Illuminati enslavement of mankind will end, and the sheep will finally be free.
But, I usually make posts on those subjects when the market is slow, and I don't have anything else to write about. Here lately though, it's finally starting to get exciting, as another move down is coming next week… after we go up to 1070 for the gap fill and backtest.
Things are looking up for the bears I believe…
Doesn't look like there is going to be any dip to go long today, so you might want to stand aside. I personally don't want to ever chase a tape. However, it could pull back and fill the morning gap, and then run higher the rest of the day.
You know, Red makes comments sometimes about feeling too negative but I think we should view this whole recession(depression actually) from the standpoint that pruning is necessary. It is unfortunate that it is at the expense, money, and stress of so many of the “little guys” but that is what happens when people, no matter what economic level, don't stick to basic fundamental principals of money management. I.E. over spending, use of “bad” debt etc etc
People need to trim the fat, remember what made us a great nation, (deferred gratification, hard work, etc) and get to it. That is, if we haven't passed the point of no return, collectively as a society. Japan and Germany were at rock bottom though and look at them now. Not perfect, but waaaaay better than they were post war.
Ok, that sounded really preachy didn't it.
Second attempt to conquer the cloud resistance
http://niftychartsandpatterns.blogspot.com/2010…
hahaha – i need to take another anti-depressant
You and I are on the same page at the same time Pez! LOL