Food for thought?
More like the whole rstaurant.
As for what I recognized in th fund trading, that is immaterial.
As for my moving of mutual funds, if you note the day I did it on, FEB 27-28, you will see the minor market correction that followed. My philosophy is to be safe with those funds rather than opinionated. I moved it and returned it with comfort. Looking back it is relatively easy to second guess why I did that, but your post, however well intentioned, being after the fact is only marginally useful. If you would care to post when you see a correction looming, then we will all read it with deep interest.
As for the scans that Jenna and others print, they are daytrading, and that is specifically what those posts are for. My screens are different, and that compliments theirs. My return of 784% on 147 position trades last year implies I know a little about the market forces, and last month's 20% gain on the weekly portfolio should speak at least some to my awareness of market factors. Especially considering I made all posts a day in advance.
What I share with this thread is based largely on what I feel they can do with the information. Giving larger picture assessments is of value to the average reader if they can convert that into profit on a daily or weekly basis. Had I more time to offer those and meaningfully correlate that information against my picks, I would.
You said, "But this will not help you in a longer term downturn (selloff) in the market." Sure it will, because we don't merely pick stocks. When that time comes we will explain how to short, what to watch for, the method to use, and data and technical source to help them manage their trades. What we do is provide tools - methods of determining stocks to watch, how to find them, means of entering and exiting, and some germain and timely comments on where the market is going, for whatever that is worth.
But hey, what do I know.
lastshadow |