Pumpers and dumpers are crooks so are 'doomdayers and naysayers' and creators of 'naughty bikini type see through chart programmes', the theorists of DOW and sexy trading with lot of unconventional non-sense that teraches them to sell at a bounce of 50 days MA or 200 days mA, that teraches them to short on 8th Oct and 28 th oct 98 and 97 respectively. the doomers are lie pumpers, same offence, trying to lead market to the direction where they establish short positions, the pumpers pump it and dump it , the doomsdayers buy puts and try ot create confusion and choas to break the market to their levels.. 'Idea's' tells them we will resist this.. so we do,, this is your life..doomers and shorters.......
If everyone else will be short in fall I will be long, market never moves in the direction of ''majority sentiment''' it climbs on wall of worry that is the bottom line.
I would think that the moment you see majority of 'doomdayers' and naysayers turning positive short the darn thing. I wish I can name three, they will always be on the opposite side of the market, when they are telling you that they have a sell, 'buy the darn thing' and when they say it is a 'buy' sell it, these characters sell the market when it will be bouncing off 200 days support. In a day they would write something like 'I have sell but also a buy so may be a sell or a buy but probably a sell'. At 9.35 it would be as buy and 9.40 a sell, let me tell you these are 'cheats' they have nothing to say market consolidate in a range at the lower end of the range it is a buy at the upper end it is probably a short term sell. A forecast for sell needs a range, for options on puts and calls the spreads are big so you need a direction to be caught, you cannot sell the market and buy it within no range, that is suicidal, I would rather in consolidation prepare for the next direction , prepare my thread and try to show my bias on the side I would think that makret will move.
In my long stay in markets, I have no tools to suggest that 'one can time this market'. ''The guys and the gurus'' in the pits have never been able to forecast a drop they react to events and specialised situations I try to riencarnate that on my thread. Like yeaterday they were solving puzzles. It is an event driven, fundamental strategy that works and I would suggest that you just be short when market levels tell you to be short and that is below 1380.. although in between many a short trades can be executed like a break of 1380 to 1355 and 1347 to 1328 or 1322 to 1302.. but it cannot be before 1380 that you woul really think the trend is suspect. Now, those who forecast today is a sell and tomorrrow is a buy are just plain peeping tom chartist, something from Jerry favors otehrs from Accompora and some from cave man death chartist put them together in a unreadable cocktail that defy common logic, they would see market bouncing off a 200 days average and they would say that it is overbought, the tools keep changing 'new highs new lows' when market was going up like a rocket from 1710 to 2100, than voltality, than bond yields than something new from the pandora box, but nothing seems to work for them. These are smae guys who could not pick a stock and were telling me Ike 'can you help me to pick a stock as I always loose the moment I trade' this is just sometime back, imagine how unfair that same guys now tells and keep misguide pepole 'day in day out' with a only purpose to make up for lack of experience through paper trades and massaging of 'blind ego's'. This is what I call 'deliberate misleading' like spaming, pump and dump this is the new 'gloom and doom' equally damaging and equally unethical. I stand against it and keep challanging this whole what I call 'fly by night basis' of evaluation.
The gurus who shorted MU has got three blows on the chin stil laments from 180 short to 520 SOX, he fails to see that market is about putitng money and making money not intellecutalising why stocks are sky rockekting, this gurus likes to think that that at mis noon hteir is no sun if every one else sees it it is a delusion it is him whoi sees the horizon from where the sun will dawn, he is trapped in tunnel of disillusionent. The other one who thought INTC is sell at 55$ last year before spilit that is 221/2$ got upset with me, MOT guy I don't want to talk about these pathological short characters. I keep nothing unwrapped solidly mirror their strategies for their continous misguiding and want to tell them again that market will not dance to your tune it would do what it has to. These guys were banking on inflation with that dead, multiple interest rate hikes are in taters probably, now they have recently started working on Y2K mantra, now with inflation chaecked and if we get this CPI right they get it on the chin, if earnings keep coming blockbuster that is it.
Now, even my kid knows that inflation, y2k solution, earnings strength may take this whole thing higher, if AMZN or YHOO false break cannot be identified or TYX long is ignored even after Frank chart than it is not cricket.
We may see some selling post season that may be due to huge profit taking, that unique and rare commodity is only forte of few good traders and gentleman, others who misguide just see the stocks rocketing and keep coiling inside them, I could imagine it since when I miss a sotck I do fell bad about it.. Any one who listen to them or even tune to them will just run from pole to pole confused and still being unable to tell them that 'man you screwed me whenever their is an opportunity you never fail to miss it'.
A new investor has to see both sides very very well, we are bulls as market is a 'bull' for last five years longest US expansion of economy without inflation . Now probably today number is going to be a new one to find a 'stinking new idea' to terrorise or sensationalise simple investors who in search of ideas get trapped, it all sounds very scientefic but I tell you that these forecasting is based on nonsensical unscientefic principles. This is the biggest hoax. Read them, for every time market has dipped it has created an opportunity, if you buy puts with that frequency nitey six times out 100 you will always lose as you cannot even cover the spread, it is going to be a sell at 9.45 after reading Ike they would say oh I forgot it I missed it it is a short term buy, than within one hour the guilt of going long catches up and again it is a sell, so if three readings gives 'sell- buy- sell' so where do you pitch your trade, you don't even cover your spread, in DOT the spreads are 2-5$ in some of these indexes. You need a direction to trade a trend, not 15 minutes change of hearts. So who do they try ot fool, I write to thme through my thread, they all are peeping toms here I tell them, look into my eyes go back and look in last six months what you have been writing, go back to your posts, just feel that burden of shame as you have helped create a lot of confusion in simple investors minds. You are like spammers and pumpers the dupsters class, that is what you are.
Any one who listen to them should ask why don't they post their full treatise if the theory is in exisatance why not to publish if it has got some trading back- tested credibility, if I am long I always post that simple small chart, KISS approach. In 90 out 100 time they are absolutuely wrong, my Kuwait office trails very closely some of these posts,Samira ''paper trades'' them one guru's paper equity of 5,000,000 $ has been lost three times based on his calls in last six months, the frequency and size of the trade is the same as mine, and that tells me a lot. I am in reciept of this report every six months just got one,I go through it and will certainly post these results if any debate arises in future. My thread is dedicated to expose these symbols of absolute disgust.. It is because of this I am so bad.. so just unbookmark me and my thread.... the favor you have done to bookmark me is too much.. I will write what I think and I will not mince words for the disdain I have for these short crooks... |
