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Strategies & Market Trends : Playing the QQQQ with Terry and friends. -- Ignore unavailable to you. Want to Upgrade?


To: da_cheif™ who wrote (4686)5/7/2009 11:04:20 PM
From: Don Green  Read Replies (2) | Respond to of 4814
 
I have been active in the market since 1966 and I also feel it is going down.. an extreme test of the recent lows is in the cards.

BTW I have also been short "Detroit" long and short term since I left in 1972....



To: da_cheif™ who wrote (4686)5/7/2009 11:10:11 PM
From: Walkingshadow1 Recommendation  Read Replies (1) | Respond to of 4814
 
I don't follow any "gurus."

For one thing, none are any good:

caps.fool.com

Besides, the "intelligence" needed to trade stocks is stochastic. Nobody has a significant amount that is useful enough to distinguish him/her, and even if that occasionally happens, it is fleeting.

Anyhow, anybody who uses "rational" and "market" in the same sentence doesn't know much about either. Professional traders are certainly not "smarter" than anybody else. On a good day, most professional traders have IQs that rival their shoe size.

Just MVHO