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Strategies & Market Trends : CFZ E-Wiggle Workspace

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To: Fintas who wrote (19404)12/10/2014 1:12:55 PM
From: POKERSAM  Read Replies (1) of 41493
 
Fintas - If history serves, some can't find a top even after a 50% market hair cut. Timing is everything.
Here is a real stock market trading lesson. Be short when the market is going down and long when the market is going up. Do that and you will be a success.
For those who do not believe the market ever goes down I don't know what to say. You could look at a weekly chart of the last 15 years. If you will note the market had TWO cyclical bear markets and two cyclical bull markets within the secular bear market of 2000. Perma bulls totally missed the cyclical bears, both of them. In the words of the oracle of Omaha, "The markets will fluctuate." This true for ST, IT, and LT and Century.
Since 1871 we have had four GSC secular bear markets and bull markets.
Within those secular markets there have been SC cyclical bulls and bears. Bull markets are longer so the Century trend is up.
I am too old to start trading the Century chart. LMHO
I guess I am going to have to take a shorter view. ST and IT I think I have time to trade. heh heh
Of course if you are stuck in Bull mode you cannot be anything but long. All you can do is "Watch the sky" and wash off your face when the buzzards fly over. Whether you like it or not, they do fly over on occasion. I think I hear a few now.
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