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#1 diogenes227

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Posted 08 October 2017 - 06:35 PM

Will this market never go down?

 

From the link:

 

 

Warnings, warnings, warnings, but until SPY follows through with more downside and the Nasdaq composite joins it in a notable drop, one can only say the bull market rages on, delighting buy-and-hold investors and driving swing traders crazy.


"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."


#2 da_cheif

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Posted 08 October 2017 - 06:41 PM

 

Will this market never go down?

 

From the link:

 

 

Warnings, warnings, warnings, but until SPY follows through with more downside and the Nasdaq composite joins it in a notable drop, one can only say the bull market rages on, delighting buy-and-hold investors and driving swing traders crazy.

 

>I have signs that all is not well under the surface.<   ....    its called fear rising with price   and you have alot of company



#3 q4wer

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Posted 08 October 2017 - 09:29 PM

I think that we got a lot of bears in the poll for Monday. Maybe we need to pull back a bit



#4 NAV

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Posted 08 October 2017 - 10:24 PM

 

Will this market never go down?

 

From the link:

 

 

Warnings, warnings, warnings, but until SPY follows through with more downside and the Nasdaq composite joins it in a notable drop, one can only say the bull market rages on, delighting buy-and-hold investors and driving swing traders crazy.

 

 

If you try to swing both ways in this kind of a trending matrket you will go crazy. Just play the swings in the direction of the IT trend and life will be good.


"It's not the knowing that is difficult, but the doing"

 

https://twitter.com/Trader_NAV

 

 


#5 Data

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Posted 09 October 2017 - 12:34 PM

The market isn't producing a lot of false signals.  So I wouldn't say that swing traders are being driven crazy.  As long as they go back in on the buy signals.



#6 Geomean

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Posted 09 October 2017 - 03:55 PM

A Hurst cycle analysis of the SPX and Dow this weekend suggests some sideways chop to slightly down for the next 5-15 trading days before the sum of the cycles turn higher into year end. The same tools suggest that RUT and Compx may have hit cycle highs about now and lean toward a modest decline or chop for them before the sum of the cycles turns up toward the middle to end of the month and for at least a significant retrace and perhaps a test and break of current highs.


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#7 diogenes227

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Posted 09 October 2017 - 04:08 PM

A Hurst cycle analysis of the SPX and Dow this weekend suggests some sideways chop to slightly down for the next 5-15 trading days before the sum of the cycles turn higher into year end. The same tools suggest that RUT and Compx may have hit cycle highs about now and lean toward a modest decline or chop for them before the sum of the cycles turns up toward the middle to end of the month and for at least a significant retrace and perhaps a test and break of current highs.

 

Thanks.  Much appreciated.


"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."