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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: da_spot who wrote (53535)12/22/2020 1:48:24 AM
From: Johnny Canuck  Read Replies (1) | Respond to of 69147
 
Cool video and apropos for this years trading, :)



To: da_spot who wrote (53535)2/15/2021 2:13:48 AM
From: Johnny Canuck  Read Replies (2) | Respond to of 69147
 
Congrats if you got into SI in the high 20s. Put in on my screen as one of a handful of "cult stocks" to watch for signs of a crash but my days of trading momentum stocks with no near term achievable model are over. I am too close to retirement down the road.



I believe in Block Chain as a technology to securely track a process. I believe in a form of crypto currency as a store of wealth if it backed by gold or a Federal Bank and meets the criteria of relative stability. None of that exists today and the barriers to Federal Banks entering the sector and making the existing crypto currencies obsolete is low. The cost of doing a transaction in an exist crypto currency is still high relative to other forms of money transfer. I also am not sure I believe crypto currencies are a hedge against a sovereign debt crisis that devalues currencies worldwide.

Enjoy the ride. It has been fun to watch but I am sitting on the sidelines watching this sector.

I noticed a few value traders entering the sector. Either I am missing something or close to the last fool in getting in. :)