WHO ARE WE SMARTER THAN!

Lets look at the facts, and with the following said, I do agree there are some smarter than the rest.

Something I learned long ago that makes T&A much more simple, is really understanding the reason for it and what it is derived from.

It is a science of what will happen or not happen, based on what?

It was always based on what institution investors will do or not do or react on what is found considering all of the above.

Institutions and Hedge funds control most of the market. Do you want to bet against them? Trends are trends, sure short term opposite of the trends can happen, they always do.

I hope those that wanted to be long make good money, I hope I am wrong short term and lose money.

After all in markets never seen before, what can you expect from the markets? I saw a post at Investor Village [I know hate me!] that was simple and short that explained things. I do not agree with the post, but it makes sense. The posters own personal opinion on the market. Will post below.

Not being negative, I have met some very fine posters here. Mr. Roger Dodger, Leverage4, etc. Mr. RD sent me a PM about TTheory and his website and how to download his audio.

So how do others share to help others?

Mark Young owner of TTalk, send me a confirmed linked to my Pri. email and my donation is on the way!

So, so much jest between posters only to come up with the same goal.

That is fine.

Lets, seperate differences and all come to a norm. I will start with this post. Four years ago I asked Marc Faber what was really happening in the markets based on things happening, he wrote this to me, use it for your gain,

<<<Dear David,
I think we shall see much higher inflation rates in future as central banks
have no other option but to print money. Eventually wealth inequity will
break the system - economically and politically.
Kind regards and all the best
Marc Faber>>>

Message from an IV poster

<<< Recs: 12 We hav e NEVER, NOT EVER been here!
I have read and heard just about every possible explanation for what is going on in our financial markets and world economy. I have evaluated every possible opinion of which investment vehicle is the "safe haven" or best option in the current climate and or the near future...and the longer future too.

No need to specifically mention PM, Oil, Treasuries, Stocks, Bonds, real estate, currencies, ammo, rice, or anything else. These and more have been mentioned.

In my opinion...NOBODY'S reasoning can be trusted. The daily, weekly, monthly action of all of the above proves beyond a shadow of a doubt that WE HAVE NEVER BEEN WHERE WE ARE NOW. We are all virgins in a virgin environment. The only screwing going on is the screwing we are taking from applying old concepts to a set of circumstances that has no equal in the past. Recessions (which I learned in Eco E-01, are a normal part of the business cycle) and the Great Depression of pre WWII have NO similarities to what we are experiencing today.

I have decided to embrace this thesis and act accordingly. News is by far the greatest market mover these days. Even expected news once uttered can move PM, Dry Shippers, Financials, et al DRAMATICALLY...more dramatically than even an over reaction should or has in the past (percentage wise). It is different this time...so different that the best of the best at analyizing and investing are confussed and wrong too often and too much too regularly to make an average joe like me think he can sort it all out. I am flip flopping so much in my thinking that I often forget what I am rooting for when I get up in the morning. I have to check my positions to refresh my memory and then try to figure out why I am position the way I am. Lol.

When I read to adament, fully documented posts replete with charts, statistics and old theories I laugh my {bleeeep} off. How pompous these posts are. The claims of unparalled returns are may or may not be true...if they are...luck has played the major role not skill.

To serious chartists. I offer this for your consideration. When most people who invest pay close attention to charts and all understand what the technicals mean to some degree...the charts become self fulfilling prophisies all too often. The herd drives the charts not the other way around. If you can chart several things that nobody is charting or following you could prove this to yourself. The charts you would create would NOT follow any particular pattern. In general the charts would only be points on a graph connected by lines. It's all about heavy duty matematics which I do not wish to get into. It's true!

Example: If NOBODY was charting the S&P 500 except you and you charted it for a year...you could draw a bunch of conclusions from the connected dots but there would be no meaningful significance to anything on the graph.>>>

Not my opinion, I never give up, ever. When all wealth is lost, I start over.

Take care, DL

if you want to know who you are competing against look in the mirror...this is a game played against YOURSELF against your emotions.....

Not being negative, I have met some very fine posters here. Mr. Roger Dodger, Leverage4, etc. Mr. RD sent me a PM about TTheory and his website and how to download his audio.
So how do others share to help others?
Mark Young owner of TTalk, send me a confirmed linked to my Pri. email and my donation is on the way!

Thanks DLF.
Let me join you in thanking others who freely share here.
I will not mention their names for fear of leaving one out.
But I always say that I have learned more here at TT than all the books, subscriptions and seminars I've studied over the years.

I'm sure Mark will appreciate the donation.
Ad revenue is tight in these times.

Welcome aboard!

DL -- are you long or short with SPX at 830?

if you want to know who you are competing against look in the mirror...this is a game played against YOURSELF against your emotions.....

This is what I always say. People who realize that, become much better traders.

Denleo

After all in markets never seen before, what can you expect from the markets?

Some things never change. Markets trend- they did a hundred years ago, they do today, and they will a hundred years hence. Our job, in a phrase, is to position ourselves in sync with the trend....D

After all in markets never seen before, what can you expect from the markets?

Some things never change. Markets trend- they did a hundred years ago, they do today, and they will a hundred years hence. Our job, in a phrase, is to position ourselves in sync with the trend....D

That is correct IYB. Since the major market trend is down, we can expect price to trend lower even in a market never seen before.

The institutions with all their combined brain power don't have much to write home about, do they? A skilled individual trader can run circles around the behemoths. With instant communications and fills and low comissions, margins and all the education available lately this really is the age of the individual trader. Regards, F&D

The 80 year (generational) cycle bottom is still some time off, 2010-2020.

40 year PDF Chart

Mark sure does appreciate any donations. Thank you, dlf.

Ad revenues are down 50% month over month. That's after already falling 60%. We're working on alternatives, but every bit helps right now.

Mark

Not being negative, I have met some very fine posters here. Mr. Roger Dodger, Leverage4, etc. Mr. RD sent me a PM about TTheory and his website and how to download his audio.
So how do others share to help others?
Mark Young owner of TTalk, send me a confirmed linked to my Pri. email and my donation is on the way!

Thanks DLF.
Let me join you in thanking others who freely share here.
I will not mention their names for fear of leaving one out.
But I always say that I have learned more here at TT than all the books, subscriptions and seminars I've studied over the years.

I'm sure Mark will appreciate the donation.
Ad revenue is tight in these times.

Welcome aboard!