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: Don Green who wrote (19664)	8/4/2017 12:14:21 PM
From: The Ox	1 Recommendation Recommended By John Pitera Read Replies (2) \| Respond to of 33421

Being rigid or stubborn is no way to trade or play the markets. Seeing the possibility of a large fall and having that play out are 2 very different things. If by Nov 1, the market is down or was recently down more than 17.5 % percent you deserve all the praise in the world, but if it isn't, I hope you will acknowledge your mistake and do not push the can down the road like is so common in the world of the bears. The question we all should consider is what will happen to all the algos and trading desks once there is some serious momentum to the downside. Not for an hour or 2 or even a day or 2 but after something like 4 out of 5 days. I realize that this hasn't happened since the winter of 2015/16 but it will eventually happen again. Regardless of how much emotion is being taken out of the market by algos and program trading, momentum is momentum. It's the pendulum that swings in both direction. It certainly can swing higher and longer in any one direction than most would believe but it will eventually take some time to swing in the opposite direction.