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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: Patrick Slevin who wrote (6489)	7/1/2010 7:13:49 AM
From: Real Man	Respond to of 218931

His daughter won it too, 10 years later. How's that to those who claim these markets are a random walk? I confess, the markets did change since the 80-s. Now we are in the age of the machines. Makes it much more difficult for day traders. The machines have random walk programmed, so, in part, they are responsible for actually making these markets a random walk. -g- The problem is, of course, eventually the system usually blows.... then you lose a lot.

To: Patrick Slevin who wrote (6489)	7/1/2010 7:53:44 AM
From: Real Man	Read Replies (2) \| Respond to of 218931

If the market crashes or something like that happens, the person who is intelligent or lucky enough to foresee it will make zillions. John Paulson is the recent example, and Larry did win the contest in 1987... Of course, all of us would like a copy of tomorrow's WSJ, which is not available -g- P.S. I myself did 3000% in the months of September-November 2008 in my trading account, but later lost much of it. On darn Natural gas, the market I did not know. The thing never turned as I expected -ggg-