George says all da newsletter writters an pundits and talking heads have woke
up all at once to call this a bull market. Dat's almost 50% off da low on da
SP500.
Mark it down 'cause that's how the game works. Da blind leading da blind is
what George says.
George also says he aint seen any real trace of da market peakin yet. Dat
George. He's like a PI lookin under da rocks for clues. Gotta look behind da
scenes, not just at funny lines on da charts.
George says dey all fallin like dominoes
Started by
lennie
, Jul 27 2009 02:40 PM
16 replies to this topic
#1
lennie
-
- Traders-Talk User
- 81 posts
Member
Posted 27 July 2009 - 02:40 PM
S&P 500 -> Goin up. Everything else -> Don't know.
Will update the next swing.
Will update the next swing.
#2
Slothrop
-
- TT Member
- 625 posts
Member
Posted 27 July 2009 - 02:42 PM
Actually, lennie, the funny lines on the charts ARE looking behind the scenes. Your boy George has it backwards.
#3
lennie
-
- Traders-Talk User
- 81 posts
Member
Posted 27 July 2009 - 02:56 PM
Actually, lennie, the funny lines on the charts ARE looking behind the scenes. Your boy George has it backwards.
Tell that to his CPA. Jus kiddin ya. George says der are many ways to make
money in da market, but most people use da same stuff. An dat aint worth
a glass a spit on a rainy day.
S&P 500 -> Goin up. Everything else -> Don't know.
Will update the next swing.
Will update the next swing.
#4
Slothrop
-
- TT Member
- 625 posts
Member
Posted 27 July 2009 - 03:05 PM
So, what you're telling me is: George believes that the basis for Traders Talk is a waste of time? If that's the case, lennie, then what are you doing here?
#5
skott
-
- Traders-Talk User
- 4,712 posts
Member
Posted 27 July 2009 - 03:22 PM
the funny lines are often setup by the pros to paint a picture to fool the masses.
#6
CallMeIshmael
-
- Traders-Talk User
- 767 posts
Member
Posted 27 July 2009 - 03:28 PM
It's called "Painting The Tape" and it's been a favorite of market manipulators since Jesse Livermore and George "Jay" Gould. But they can only do it on light volume.the funny lines are often setup by the pros to paint a picture to fool the masses.
#7
IYB
-
- TT Patron+
- 7,157 posts
Member
Posted 27 July 2009 - 03:48 PM
Hey Lennie. I like your posts and am getting what 'George' is sayin'. Jus' tellin' us to look beyond the obvious. Take care them rabbits....
“Men, it has been well said, think in herds; it will be seen that they go mad in herds, while they only recover their senses slowly, one by one.” ― Charles Mackay, Extraordinary Popular Delusions and the Madness of Crowds
#8
zman
-
- Traders-Talk User
- 1,215 posts
Member
Posted 27 July 2009 - 03:52 PM
yep agree your posts are certainly worth reading...now please tell us what george uses 
Education is the best defense against the media.
#9
da_cheif
-
- Traders-Talk User
- 11,019 posts
Member
Posted 27 July 2009 - 03:59 PM
the funny lines are often setup by the pros to paint a picture to fool the masses.
yup
...u gotta have some good xray ********......675 ono.... 
#10
da_cheif
-
- Traders-Talk User
- 11,019 posts
Member
Posted 27 July 2009 - 04:04 PM
hey lennie........joaquin phoenix.........his latest movie is about 3 rabbits....... u gotta rent it... 2 lovers......snort.......twas very good
