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To: rogermci® who wrote (29090)7/12/2018 4:56:23 PM
From: techtrader73  Read Replies (1) | Respond to of 41499
 
Well 24k was indeed a key level to hold and it did...I have been using that number for a while..on 6/28/18 it went to 23978 basis dow futures...i had said before 6/28 24k was a key number....i thought it would break below again it didn't so up we went



To: rogermci® who wrote (29090)7/12/2018 5:17:18 PM
From: skinowski  Read Replies (3) | Respond to of 41499
 
like the rest of the gurus. Usually at roughly a 50% success rate like the rest of us. Everybody trying to be the hero.
There is only one hero and only one guru out there - and it's Mr. Market.

If any person (or a supercomputer, or whatever) could find a highly reliable "key" to the markets - the markets couldn't exist. If people heard some great sucking sound - of money being taken out of the market - there would be no fair trading. It would stop. Hence, it's impossible.

Every system MUST screw up. Some smart people (and algos) are capable of teasing out some order (read -money) out of the chaos - and that's the most we can hope for.

Moreover, most of the stock market's long term advance is accounted for by monetary inflation. Any inflation adjusted long term chart can show that. This happens to be a powerful reason to be mostly invested, most of the time... as much as feasible.

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