Jump to content



Photo

Okay, Fear and Greed...


  • Please log in to reply
No replies to this topic

#1 diogenes227

diogenes227

    Member

  • TT Patron+
  • 5,120 posts

Posted 08 November 2017 - 09:18 AM

From the link:

 

 

The market Tuesday opened up, ground down, firmed into the close. I hardly know what to say, another day of chop with an upward bias.

 

However, the grind down managed to turn all my swing signals negative which would indicate further downside but of late that has seldom happened in this bull market. It is almost as if the signals (reliable for years) work again, it will be a sea change, or at least a nasty little rogue wave sucking that the bull’s ankles.

 

For reference:

 

FEAR AND GREED


"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."