after watching this crap for a while in my simple mind it boils down to dis for st/it position traders, i don't care about the predictions of doom or predictions of boom, don't matter, the grimsters are talking heads, just like the CNBC cheerleadrs.
non o dat auxillary crap matters - vix, dix, mix, tix,
if deys makin higher highs and higher lows it's bullish, if dey makin lower lows and lower highs it's bearish, if the 20 dma is moving sideways it's either a pause or a trend change, it's nice to be early to catch a trend change, before the crowd gets in the door, but god only lets you buy the bottom or top tick once in your life, and where you think themarket should go is immaterial, because you don't possesses the all knowing all powerful powers of OZ or miss cleo -g- |
