Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: isopatch who wrote (17905)	3/13/2016 8:56:54 PM
From: John Pitera	1 Recommendation Recommended By roguedolphin Read Replies (1) \| Respond to of 33421

Speaking of trading The CAD has been very strong since it's bottom on the first bottom in WTIC at 26 and change. I have been expecting selling to materialize at the green trendline which is aligning with the 200 DMA on the USD/CAD chart and the CAD Inverse chart. so it is at 1.3230 in the interbank market and so I like go long the USD here with a stop @ 1.3118 The June globex CME futures are at .7553 ( most active month) and the JUNE CAD contract is a short with a stop at 76..39 futures.tradingcharts.com John

To: isopatch who wrote (17905)	3/14/2016 1:11:53 AM
From: Riskmgmt	11 Recommendations Recommended By 3bar alanrs benwood Chip McVickar Fiscally Conservative and 6 more members Read Replies (1) \| Respond to of 33421

Guys, I've been on SI since 1996, read posts by all of you and though I don't post much these days I do trade and find all of you have valuable posts. I am not too familiar with Ox but John, Chip and Iso all come from different viewpoints but all insightful and well worth reading. Sometimes a post is taken out of context or misinterpreted and it causes some friction which I believe is the case here. Chip is usually very polite so was a little surprised at his comments but he probably isn't familiar with your, ( Iso) postings which are excellent and well thought out and misunderstood why you asked the question. Being familiar with your posts I understood where you were coming from in asking the question and thought it quite a resonable one. Anyway, on behalf of all the lurkers that read this thread, please bury the hatchet. Regards and thank you to all that take the time to share. Riskmgmt

To: isopatch who wrote (17905)	3/14/2016 5:45:10 PM
From: benwood	5 Recommendations Recommended By Chip McVickar Fiscally Conservative Hawkmoon John Pitera roguedolphin Read Replies (1) \| Respond to of 33421

For what it's worth, what I really like about this forum in particular is that it is both informative and focused. Most of SI has withered away, and some forums are simply sales pitches for somebody's services complete with resident worshipers who sometimes exhibit an amazing degree of cognitive dissonance and/or selective memory. Or a bully pulpit for some steroid-inflated and very loud (and often dead wrong) ego(s). This forum reminds me in a way of Mike Burke's forum from the late 90s and early 00s -- great place to stay grounded and come up with genuinely new ideas (or better timing of old ideas) to help get myself from now to five years from now as intact as possible. To me, nothing beats the presentation of ideas with some limited context and one using that as a stepping stone into doing research into some new investments or to renew (or get rid of) an old investment. One has to do their own DD and work out their own ideas about investing risk versus reward, asset allocation, investments in tax free versus taxable accounts, and so on. I mostly fish around for information and let it simmer away into my long term expectations and go from there. Anyway, I hope everybody decides to stay around and help keep this as one of the better places to visit on SI.