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Non-Tech : The Conflicted Thread -- Ignore unavailable to you. Want to Upgrade?

To: ItsAllCyclical who wrote (464)	11/10/2011 2:57:01 PM
From: Frank Pembleton	Respond to of 841

market has become pure HFT casino yes, the markets are an abstract of an abstraction based on a myth. ...as for my analyses of an e-wave chart? It's like this, when you're in a room full of criminals and you blurt out the truth you're considered a fool ... when you're playing poker at a table of professionals and you have no idea who the sucker is, you'd better damned well get away from that table. yes, I agree with the intent of the chart (truth)-- he means well, but he's showing his cards to a room full vultures. IMO, the markets will continue to defy, it will levitate until it's forcibly closed. So how to play it until the inevitable? What I've been doing is watching the Marketwatch webpage, twitter and these boards... I look for hints of overt optimism and/or pessimism and the story that creates the narrative-- once I understand that then I can act, but I'll only act if the narrative fits my daily charts. Anyway, that's my impression...