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Working on the railroads


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#1 diogenes227

diogenes227

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Posted 20 February 2014 - 05:23 PM

:blink:

It sure isn't the "sixteen tons" they used to move.

http://stockcharts.com/c-sc/sc?s=$DJUSRR&p=M&b=5&g=0&i=p91936654861&a=278498072&r=1392934284181.png

The chart reminds of the time the banks were making new highs while the housing market was completely falling apart.

http://stockcharts.com/c-sc/sc?s=$BKX&p=M&yr=20&mn=0&dy=0&i=t84590990981&a=160615859&r=1392934907139.png

"If you've heard this story before, don't stop me because I'd like to hear it again," Groucho Marx (on market history?).

“I've learned in options trading simple is best and the obvious is often the most elusive to recognize.”

 

"The god of trading rewards persistence, experience and discipline, and absolutely nothing else."